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Association For Digital Asset Markets Inc

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

EIN: 832650302 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Association For Digital Asset Markets Inc?

The Association For Digital Asset Markets Inc, located in New York City, is a nonprofit organization with a mission to establish a trustworthy digital asset market environment. They have formulated a Code of Conduct, designed to uphold industry standards and ethical conduct among digital asset market participants. This code emphasizes integrity, fairness, and efficiency, providing market participants with best practices and complementing existing regulations. The association strives to foster a digital asset market that encourages confidence among participants, investors, and regulators, ultimately promoting a fair and orderly digital asset marketplace. The organization currently employs a team of 3 individuals.


Official website here: www.theadam.io

Is Association For Digital Asset Markets Inc legitimate?

Association For Digital Asset Markets Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association For Digital Asset Markets Inc 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: $552,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.theadam.io

What is the mission statement of Association For Digital Asset Markets Inc?

The Association for Digital Asset Markets Inc, commonly referred to as ADAM, is an organization dedicated to fostering a trustworthy digital asset market environment. Their mission is to establish digital asset markets where participants, investors, and regulators can transact with confidence. To achieve this, ADAM promotes fairness and orderly operations within the digital asset market by releasing a Code of Conduct. This code of conduct aims to uphold industry standards, ethical conduct, and best practices among digital asset market participants, thereby promoting integrity, fairness, and efficiency. The code also complements existing regulations, ensuring a well-regulated digital asset market ecosystem.


Official website here: www.theadam.io

Who is the CEO of Association For Digital Asset Markets Inc?

Brad Vopni is the President of Association For Digital Asset Markets Inc. The CEO's salary of Association For Digital Asset Markets Inc is $308,333 and their total compensation is $314,291.


Official website here: www.theadam.io

What is the revenue of Association For Digital Asset Markets Inc?

Association For Digital Asset Markets Inc's revenue in 2022 was $1,707,500.


Official website here: www.theadam.io

Who are the executives of Association For Digital Asset Markets Inc and what are their salaries?

The average compensation at Association For Digital Asset Markets Inc during 2022 was $184,055. There are 3 employees and 10 volunteers at Association For Digital Asset Markets Inc.


Here are 21 key members and their salaries (Association For Digital Asset Markets Inc's CEO's salary is $308,333 and their total compensation is $314,291):


Brad Vopni (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Wiener (President (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Arianna Pretto Sackmann (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Cascarilla (Treasurer (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Caffray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lasalle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryne Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Xethalis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wetjen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Moskowtiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Burstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Ferrara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Morgan (Director (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kelly (Director (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Director (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gorelick (Director (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Griggs (Director (Left In Fy22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bond (Chief Executive Officer)
  • Compensation: $308,333
  • Related: $0
  • Other: $5,958
Robert Baldwin (Secretary)
  • Compensation: $139,846
  • Related: $0
  • Other: $3,500


Official website here: www.theadam.io

Where can I find the form 990 for Association For Digital Asset Markets Inc?

Association For Digital Asset Markets Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theadam.io

Learn more at the official website: www.theadam.io

Mission Statement of Association For Digital Asset Markets Inc

The Association for Digital Asset Markets Inc, in essence, is committed to establishing trustworthy digital asset markets where investors, participants, and regulators can engage in transactions with confidence. Their mission is to foster a fair and orderly digital asset market environment. To achieve this, the organization has released a Code of Conduct, designed to encourage industry standards and ethical conduct among digital asset market participants. This code promotes integrity, fairness, and efficiency in digital asset markets, informs market participants about best practices, and complements existing regulations. By doing so, the Association for Digital Asset Markets Inc aims to build a reliable and trustworthy digital asset market ecosystem.

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Impact




October, 2024

The Association For Digital Asset Markets Inc (ADAM) significantly impacts the digital asset landscape by promoting integrity, fairness, and efficiency among market participants. Through the release of the ADAM Code of Conduct, the organization establishes industry standards and ethical guidelines that enhance trust between participants, investors, and regulators.

By informing market stakeholders of best practices, ADAM helps cultivate an environment where transactions can be conducted confidently and transparently. This initiative not only supports existing regulations but also fosters a culture of accountability and ethical behavior within the digital asset markets. The resultant effect is a more robust market ecosystem that aims to protect participants and enhance overall market stability. In essence, ADAM contributes to the development of fair digital asset markets, which is essential for their long-term viability and acceptance.




This information is meant to be a general summary of Association For Digital Asset Markets Inc. 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
$1,707,500 (2022)
Expenses
$1,020,755 (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: $1,707,500
  • Gross Receipts: $1,707,500

Assets and Liabilities:

  • Total Assets: $957,258
  • Total Liabilities: $0
  • Net Assets: $957,258

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Programs

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

MEMBERSHIP DUES

Revenue

$1,707,500

Organization Details

Founding Year

2018

Principal Officer

Brad Vopni

Main Address

1177 AVENUE OF THE AMERICAS 5TH FL, NEW YORK, NY, 10036

NTEE Category

Code: S46 - Community improvement

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