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INVESTMENT ADVISER ASSOCIATION

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Public IRS 990 nonprofit record

INVESTMENT ADVISER ASSOCIATION

EIN 13-6130873 · Labor Unions (J40)

What they do

to Be The Leading Industry Organization: A. Promoting High Standards of Fiduciary Duty, Integrity, Public Responsibility, and Competence In The Investment Advisory Profession. B. Providing Effective, Quality Representation of The Investment Advisory Profession With Respect to The Development, Formulation, and Enactment of Legislation, Regulations, and Other Policies Relating to Investment Advisers. C. Offering Benefits, Services, and Resources That Assist and Add Value for Member Firms.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$103.72spent for every $100 of revenueSpending was higher than revenue this year.
$1.34in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $267,930 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $601,439 for KAREN L BARR (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$7,207,863
Expenses$7,475,793
Annual shortfall $267,930 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$7,207,863
Expenses$7,475,793
Assets$10,048,217
Income$7,207,863
Stocks and bonds$5,143,110
Accounting fees$22,287
Investing fees$14,451
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KAREN L BARRPRESIDENT & CEO · 40 hrs/week $601,439Base $511,333 · Other $90,106
GAIL C BERNSTEINSECRETARY & GENERAL COUNSEL · 40 hrs/week $506,757Base $442,533 · Other $64,224
LAURA GROSSMANASSOCIATE GENERAL COUNSEL · 40 hrs/week $345,688Base $281,033 · Other $64,655
MONIQUE BOTKINASSOCIATE GENERAL COUNSEL · 40 hrs/week $327,694Base $284,033 · Other $43,661
NEIL SIMONVP, GOVERNMENT RELATIONS · 40 hrs/week $321,731Base $287,533 · Other $34,198
WILLIAM NELSONASSOCIATE GENERAL COUNSEL · 40 hrs/week $306,575Base $269,221 · Other $37,354
SANJAY LAMBAASSOCIATE GENERAL COUNSEL · 40 hrs/week $305,118Base $276,033 · Other $29,085

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

KAREN L BARRPRESIDENT & CEO

GAIL C BERNSTEINSECRETARY & GENERAL COUNSEL

LAURA GROSSMANASSOCIATE GENERAL COUNSEL

MONIQUE BOTKINASSOCIATE GENERAL COUNSEL

NEIL SIMONVP, GOVERNMENT RELATIONS

WILLIAM NELSONASSOCIATE GENERAL COUNSEL

SANJAY LAMBAASSOCIATE GENERAL COUNSEL

REBEKAH KOHMESCHERBOARD MEMBER

PETER TUZBOARD MEMBER

R KELLY WILLIAMSTREASURER

RANA WRIGHTBOARD MEMBER

RANDY CONNERBOARD MEMBER

MAUREEN QUIGLEYBOARD MEMBER

ROBERT MAIRSBOARD MEMBER

SONIA KOWALBOARD MEMBER

STEVEN WILKESBOARD MEMBER

YVETTE GARCIAPAST CHAIR

MELISSA CARLUCCIBOARD MEMBER

ALISON BAURCHAIR

LAURA DRYNANBOARD MEMBER

JEFF SCHWEONBOARD MEMBER

JAMES FEBEOBOARD MEMBER

GWEN REINKEBOARD MEMBER

GEOFFREY ALEXANDERVICE CHAIR

CHRISTINE MORGANBOARD MEMBER

CATHERINE HALBERSTADTBOARD MEMBER

CARLOTTA KINGBOARD MEMBER

BRET HESTERBOARD MEMBER

BILL ROBERTSBOARD MEMBER

BENJAMIN ALDENBOARD MEMBER

About this charity

Recognized since
January 1948
Location
818 CONNECTICUT AVE NW SUITE 60, WASHINGTON, DC 20006-2702
County
District of Columbia
In care of
Karen L Barr
Primary officer
Karen L Barr, President & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
ROGERS & COMPANY PLLC
NTEE classification
Labor Unions (J40)
IRS tax category
Labor Unions

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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