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Independent Dealer And Trader Association

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

EIN: 825055391 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Independent Dealer And Trader Association?

The Independent Dealer and Trader Association (IDTA) is a nonprofit organization situated in Washington, D.C. Its primary role involves advocating for independent dealers and traders in the financial industry. With a focus on key regulatory bodies such as the Securities and Exchange Commission (SEC), the Treasury Department, and the Federal Reserve Bank of New York (FRBNY), IDTA aims to educate these entities about the importance of independent dealers and traders to the overall health of the financial sector. By promoting regulatory changes that foster market liquidity and efficiency, IDTA serves as a platform for its members to discuss and address operational issues affecting their industry, ultimately advocating for constructive solutions to enhance capital market performance.


Official website here: www.idtassoc.com

Is Independent Dealer And Trader Association legitimate?

Independent Dealer And Trader Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Dealer And Trader Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.idtassoc.com

What is the mission statement of Independent Dealer And Trader Association?

The Independent Dealer and Trader Association (IDTA) serves as a platform for independent dealers and traders to discuss and deliberate on the effects of market operational issues within their sector. Their primary mission is to advocate for constructive solutions that enhance the liquidity and efficiency of capital markets. The association is actively involved in issue advocacy, particularly focusing on regulatory bodies such as the Securities and Exchange Commission (SEC), the Treasury Department, and the Federal Reserve Bank of New York (FRBNY). IDTA aims to educate these regulatory bodies about the significance of independent dealers and traders in the financial industry, advocating for regulatory changes that will promote market liquidity and efficiency.


Official website here: www.idtassoc.com

Who is the CEO of Independent Dealer And Trader Association?

James Tabacchi is the President & Sec of Independent Dealer And Trader Association.


Official website here: www.idtassoc.com

What is the revenue of Independent Dealer And Trader Association?

Independent Dealer And Trader Association's revenue in 2022 was $270,000.


Official website here: www.idtassoc.com

Who are the executives of Independent Dealer And Trader Association and what are their salaries?

There 5 volunteers at Independent Dealer And Trader Association.


Here are 5 key members and their salaries:


James Tabacchi (President & Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Weinhoffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bodner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.idtassoc.com

Where can I find the form 990 for Independent Dealer And Trader Association?

Independent Dealer And Trader Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.idtassoc.com

Learn more at the official website: www.idtassoc.com

Mission Statement of Independent Dealer And Trader Association

The Independent Dealer and Trader Association (IDTA) serves as a platform for independent dealers and traders to engage in discussions about the effects of market operational issues on their sector. The primary objective of this organization is to advocate for constructive solutions that enhance the liquidity and efficiency of capital markets. By engaging in dialogue and policy-making, IDTA aims to highlight the significance of independent dealers and traders in maintaining the overall health of the financial industry. The association particularly focuses on influencing key regulatory bodies such as the Securities and Exchange Commission (SEC), the Treasury Department, and the Federal Reserve Bank of New York (FRBNY). By advocating for regulatory changes, IDTA works towards promoting liquidity and efficiency within capital markets.

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Impact




October, 2024

The Independent Dealer and Trader Association (IDTA) significantly influences the financial industry by serving as a vital platform for independent dealers and traders. It enables members to address market operational issues, fostering discussions that lead to constructive solutions aimed at enhancing the liquidity and efficiency of capital markets.

IDTA focuses on key issue advocacy, primarily educating regulators and policymakers about the crucial role independent dealers and traders play in maintaining a healthy financial sector. This includes direct engagement with influential bodies such as the Securities and Exchange Commission (SEC), the Treasury Department, and the Federal Reserve Bank of New York. By advocating for regulatory changes that benefit the industry, the IDTA helps ensure that independent market participants can compete effectively and contribute to overall market stability.

Through its activities, the IDTA not only champions the interests of its members but also works to create a more transparent and efficient market environment, ultimately serving the broader goals of community improvement and economic resilience.




This information is meant to be a general summary of Independent Dealer And Trader Association. 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
$270,000 (2022)
Expenses
$277,499 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $270,000
  • Gross Receipts: $270,000

Assets and Liabilities:

  • Total Assets: $155,395
  • Total Liabilities: $112,500
  • Net Assets: $42,895

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Programs

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

MEMBERSHIP DUES

Revenue

$270,000

Organization Details

Founding Year

2018

Principal Officer

James Tabacchi

Main Address

1330 CONNECTICUT AVENUE NW, WASHINGTON, DC, 20036

NTEE Category

Code: S40 - Community improvement

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