National Association Of State Treasurers

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592017623 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of State Treasurers?

The National Association of State Treasurers is a nonprofit organization situated in Washington D.C. Their primary mission is to encourage and support state programs that motivate families to save for their children's higher education. By fostering a network of state officials, they aim to enhance the effectiveness of Section 529 college savings plans, thereby facilitating the attainment of educational goals for the nation's youth. The association upholds ethical standards, promotes education, and exchanges ideas, while building professional relationships and establishing standards of excellence. They also influence public policy for the benefit of the citizens of the states.


Official website here: www.nast.org

Is National Association Of State Treasurers legitimate?

National Association Of State Treasurers is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of State Treasurers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $519,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $849,823

For more financial information, click here


Official website here: www.nast.org

What is the mission statement of National Association Of State Treasurers?

The National Association of State Treasurers, in its mission, advocates for the highest ethical standards and encourages the exchange of ideas among its members. This organization promotes education and professional relationships, aiming to develop standards of excellence and influence public policy, all for the benefit of the citizens of the states. Additionally, they have established a College Savings Plan Network to support and improve state programs that encourage families to save for their children's higher education, thereby helping youth achieve their educational goals.


Official website here: www.nast.org

What is the revenue of National Association Of State Treasurers?

National Association Of State Treasurers's revenue in 2024 was $3,622,444.


Official website here: www.nast.org

Who are the executives of National Association Of State Treasurers and what are their salaries?

Here are 15 key members and their salaries:


Honorable Michael Frerichs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Thomas Beadle (Senior Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Erick Russell (Regional Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable James Diossa (Legislative Committee Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Daniel Elliott (Regional Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Fiona Ma (Regional Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Morris (Cspn Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Young Boozer (Regional Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Rachel Eubanks (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Josh Haeder (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Colleen Davis (Sdmn Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Stacy Garrity (Aspn Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorable Carmen Pigler (Naupa Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronan Burke (Corporate Affiliate Adviso)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Snyder (Executive Director)
  • Compensation: $552,056
  • Related: $0
  • Other: $44,801


Official website here: www.nast.org

Where can I find the form 990 for National Association Of State Treasurers?

National Association Of State Treasurers's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nast.org

Learn more at the official website: www.nast.org

Mission Statement of National Association Of State Treasurers

The National Association of State Treasurers, abbreviated as NAT, is dedicated to upholding the highest ethical standards and fostering a conducive environment for the exchange of ideas. It promotes education and builds professional relationships among its members, all with the aim of benefiting the citizens of the states. NAT also strives to develop standards of excellence and influences public policy to serve the best interests of its constituents.

In addition to its ethical and educational initiatives, NAT is also actively involved in promoting college savings plans. It has established the College Savings Plan Network, a platform designed to support and assist state programs that encourage families to save for their children's higher education. This network provides valuable networking opportunities for state officials, enabling them to improve their state Section 529 college savings plans and, in turn, help the youth of the nation achieve their educational goals.

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Impact




October, 2024

The National Association of State Treasurers (NAST) has a significant impact through its commitment to ethical standards and public policy influence, benefiting citizens across various states. By promoting education and facilitating the exchange of ideas, NAST fosters a collaborative environment among state officials, enhancing the effectiveness of their financial management efforts.

One of its key initiatives, the College Savings Plan Network, actively supports families in saving for higher education, helping to remove financial barriers for many youth. Through valuable networking opportunities, treasurers and state officials can share best practices and improve Section 529 college savings plans, directly impacting the educational attainment of students nationwide.

Additionally, NAST’s focus on developing standards of excellence and building professional relationships empowers state treasurers to make informed, strategic decisions that can lead to improved financial health for their states. Overall, NAST plays a crucial role in guiding state finance policies, which ultimately enhances community improvement and fosters a better future for citizens.




This information is meant to be a general summary of National Association Of State Treasurers. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,622,444 (2024)
Expenses
$3,727,442 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $180,149
  • Program Service Revenue: $1,261,768
  • Gross Receipts: $3,622,444

Assets and Liabilities:

  • Total Assets: $4,411,139
  • Total Liabilities: $1,401,697
  • Net Assets: $3,009,442

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE REVENUE

Revenue

$1,258,520

NAUPA SPECIAL PROJECTS

Revenue

$3,248

Organization Details

Founding Year

1976

Principal Officer

Shaun Snyder

NTEE Category

Code: S41 - Community improvement

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