Finseca

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

EIN: 852061667 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Overview

What is Finseca?

Finseca, a nonprofit organization based in Washington, D.C., focuses on supporting and enhancing the skills and knowledge of professionals in the financial security and insurance industries. With a mission to advocate for their profession, develop its leaders, and promote their essential work in providing financial and retirement security for individuals, families, and businesses, Finseca offers numerous resources and opportunities. These include meetings, educational materials, and practical articles on topics like recruitment, leadership, and retention. Finseca provides a platform for members to exchange information, network, and engage in professional development activities, with offerings such as online assessment tools, audiovisual products, and publications. With a total of 63 employees, Finseca's commitment to its members and their professional growth is evident through its comprehensive and application-oriented approach.


Official website here: www.finseca.org

Is Finseca legitimate?

Finseca is a legitimate nonprofit organization registered as a 501(c)(6) entity. Finseca 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,486,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,476,624

For more financial information, click here


Official website here: www.finseca.org

What is the mission statement of Finseca?

Finseca is an organization dedicated to advocating for the financial security profession and promoting the important work of its members. The mission of Finseca is to develop and grow its leaders, and champion the noble cause of providing financial and retirement security for individuals, families, and businesses. Finseca offers various educational opportunities and networking events to keep insurance professionals updated on trends and skills. The organization provides a platform for members to exchange information and engage in professional development activities. Finseca offers a range of products and publications to further the professional development of field leaders in insurance and financial services. These resources include online assessment tools, audiovisual products, and a book series featuring proven practices from industry veterans. Finseca also publishes a quarterly magazine, "Finseca Focus," to provide insights and thought leadership to financial security professionals.


Official website here: www.finseca.org

Who is the CEO of Finseca?

Marc Cadin is the Chair of Finseca. The CEO's salary of Finseca is $922,566 and their total compensation is $960,862.


Official website here: www.finseca.org

What is the revenue of Finseca?

Finseca's revenue in 2022 was $16,709,489.


Official website here: www.finseca.org

Who are the executives of Finseca and what are their salaries?

The average compensation at Finseca during 2022 was $110,519. There are 63 employees and 39 volunteers at Finseca.

Here are 43 key members and their salaries (Finseca's CEO's salary is $922,566 and their total compensation is $960,862):

    Marc Cadin (Ceo)
  • Compensation: $922,566
  • Related: $0
  • Other: $38,296

    • Bonnie Godsman (President)
  • Compensation: $665,237
  • Related: $0
  • Other: $20,411

    • Suzanne Jacobs (Chief Operating Officer)
  • Compensation: $399,889
  • Related: $0
  • Other: $35,522

    • Armstrong Robinson (Chief Advocacy Officer)
  • Compensation: $372,702
  • Related: $0
  • Other: $31,467

    • Daniel Labert (Pres Brokerage & Evp Mem Exp)
  • Compensation: $100,795
  • Related: $267,445
  • Other: $15,653

    • David Stertzer (Senior Executive Advisor)
  • Compensation: $354,167
  • Related: $0
  • Other: $0

    • Marguerite Seidel (Svp, Public Affairs & Marketing)
  • Compensation: $267,991
  • Related: $0
  • Other: $22,001

    • Judith Durham (Chief Administrative Officer)
  • Compensation: $235,613
  • Related: $0
  • Other: $18,243

    • Josh Caron (Vp, Legislative Affairs)
  • Compensation: $194,023
  • Related: $0
  • Other: $13,164

    • Edward G Deutschlander (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeri Turley (Immediate Past Chair - As Of 06/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Kidwell (Immediate Past Chair - Until 06/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Van Benschoten (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike James (Director - Until 06/22, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Baccigalupi (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Hebets Director (Until 06/22, Vice Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Acree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Barens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Carney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luis Chiappy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christie Corado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince D'Addona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Dodd (Director - Until 06/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Eichler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Fritz (Director - Until 06/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Gergely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Grover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Herman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Hodson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hubert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bellaria Jimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Joyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Lea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Lippencott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Maguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaun Mcduffee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Naison-Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Rivas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Salo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Sarnecki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jr Toland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Van Dusen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.finseca.org

    Where can I find the form 990 for Finseca?

    The Finseca’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.finseca.org

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

    Mission Statement of Finseca

    Finseca, a mission-driven organization, champions the financial security profession by advocating on its behalf, fostering leadership growth, and showcasing the essential role its members play in securing financial and retirement stability for individuals, families, and businesses.

    Finseca's primary objective is to advocate for the financial security profession. It represents the interests of its members to various stakeholders, promoting their noble and necessary work in providing financial and retirement security to their clients. Through its advocacy efforts, Finseca influences policies and initiatives that support the growth and development of the financial security industry.

    Moreover, Finseca is dedicated to developing and growing its leaders. It offers a multitude of opportunities for insurance professionals to stay informed about industry trends and acquire new skills. Finseca serves as a platform for members to exchange information and participate in professional development activities. Additionally, it publishes various products and resources specifically designed to further the professional development of field leaders in insurance and financial services.

    These resources, including online assessment tools, audiovisual products, and a book series, provide practical insights and proven practices from industry veterans. Finseca also offers members articles on various topics, such as recruiting, selection, leadership, and retention. Furthermore, it publishes a quarterly magazine, "Finseca Focus," which provides valuable insights and thought leadership to financial security professionals, helping them better understand consumer choices and the profession.

    Impact

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




    Thursday, August 15, 2024

    Finseca's impact is significant in advocating for the financial security profession and fostering the growth and development of its leaders. By promoting the crucial work of its members in providing financial and retirement security for individuals, families, and businesses, Finseca plays a vital role in supporting the overall well-being of communities. Through member learning and experience initiatives, such as providing education, networking opportunities, and professional development activities, Finseca empowers insurance professionals to stay ahead of industry trends and enhance their skills. Additionally, the organization offers various products and publications tailored to furthering the professional development of field leaders in insurance and financial services. Overall, Finseca's efforts contribute to enhancing the quality and accessibility of financial and retirement security services, ultimately benefiting the communities served by its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-52,015
  • Program Service Revenue: $11,248,761
  • Gross Receipts: $17,872,794

    • Assets and Liabilities:
  • Total Assets: $7,722,584
  • Total Liabilities: $7,083,629
  • Net Assets: $638,955
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $5,159,400

    SPONSORSHIPS

    Revenue

    $3,190,241

    CONFERENCE REGISTRATIONS

    Revenue

    $1,591,821

    AWARDS REVENUE

    Revenue

    $775,260

    PRODUCT SALES & LICENSING

    Revenue

    $281,210

    Organization Details

    Founding Year

    2020

    Principal Officer

    Marc Cadin

    Main Address

    600 13TH STREET NW 550, WASHINGTON, DC, 20005

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Finseca and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.