SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION Charity Report

Public IRS 990 nonprofit record

SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION

EIN 32-0178959 · Business & Industry (S40)

What they do

SEE SCHEDULE OSIFMA is THE LEADING TRADE ASSOCIATION for BROKER-DEALERS, INVESTMENT BANKS and ASSET MANAGERS OPERATING IN THE U.S. and GLOBAL CAPITAL MARKETS. ON BEHALF of OUR INDUSTRYS ONE MILLION EMPLOYEES, WE ADVOCATE ON LEGISLATION, REGULATION and BUSINESS POLICY AFFECTING RETAIL and INSTITUTIONAL INVESTORS, EQUITY and FIXED INCOME MARKETS and RELATED PRODUCTS and SERVICES. WE SERVE AS AN INDUSTRY COORDINATING BODY to PROMOTE FAIR and ORDERLY MARKETS, INFORMED REGULATORY COMPLIANCE, and EFFICIENT MARKET OPERATIONS and RESILIENCY. WE ALSO PROVIDE A FORUM for INDUSTRY POLICY and PROFESSIONAL DEVELOPMENT.

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 2023The report may be old. Ask for a newer one.

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

They name their leaders61 people are listed in the latest report.

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

Money made simple

$109.80spent for every $100 of revenueSpending was higher than revenue this year.

$1.17in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $5,556,152 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,875,804 for KENNETH E BENTSEN JR (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 2023

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$56,703,129

Expenses$62,259,281

Annual shortfall $5,556,152 Expenses were higher than revenue for this filing year.

See all reported dollar amounts

Revenue$56,703,129

Expenses$62,259,281

Assets$72,959,755

Income$56,703,129

Grants given$2,510,047

Average grant$21,093

Stocks and bonds$33,063,553

Accounting fees$154,175

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

KENNETH E BENTSEN JRPRESIDENT & CEO · 40 hrs/week $2,875,804Base $2,788,424 · Other $87,380

JOSEPH SEIDELCOO · 40 hrs/week $1,433,273Base $1,333,852 · Other $99,421

SAIMA AHMEDEVP & GEN. COUNSEL · 40 hrs/week $1,004,892Base $930,090 · Other $74,802

DAVID B KRASNERCFO & CAO · 40 hrs/week $856,554Base $759,703 · Other $96,851

JOSH WILSUSSENEXECUTIVE VICE PRESIDENT · 40 hrs/week $836,707Base $742,944 · Other $93,763

CHERYL L CRISPENEXECUTIVE VICE PRESIDENT · 40 hrs/week $737,564Base $638,408 · Other $99,156

ROBERT TOOMEYMANAGING DIRECTOR · 40 hrs/week $686,152Base $587,357 · Other $98,795

LINDSEY KELJOMANAGING DIRECTOR · 40 hrs/week $666,448Base $588,834 · Other $77,614

LISA BLEIERMANAGING DIRECTOR · 40 hrs/week $648,359Base $553,695 · Other $94,664

CARTER K MCDOWELLMANAGING DIRECTOR · 40 hrs/week $599,640Base $537,598 · Other $62,042

KEVIN CARROLLMANAGING DIRECTOR · 40 hrs/week $592,182Base $550,719 · Other $41,463

SALVATORE CHIARELLIEXECUTIVE VICE PRESIDENT · 40 hrs/week $537,545Base $460,019 · Other $77,526

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 (61)

KENNETH E BENTSEN JRPRESIDENT & CEO

JOSEPH SEIDELCOO

SAIMA AHMEDEVP & GEN. COUNSEL

DAVID B KRASNERCFO & CAO

JOSH WILSUSSENEXECUTIVE VICE PRESIDENT

CHERYL L CRISPENEXECUTIVE VICE PRESIDENT

ROBERT TOOMEYMANAGING DIRECTOR

LINDSEY KELJOMANAGING DIRECTOR

LISA BLEIERMANAGING DIRECTOR

CARTER K MCDOWELLMANAGING DIRECTOR

KEVIN CARROLLMANAGING DIRECTOR

SALVATORE CHIARELLIEXECUTIVE VICE PRESIDENT

IRA D HAMMERMAN - FORMEREVP & GENERAL COUNSEL

MARK STEFFENSENDIRECTOR (THRU 05/2024)

THOMAS WIPFDIRECTOR (AS OF 01/2024)

LARRY MARTINEZDIRECTOR

THOMAS PLUTADIRECTOR (AS OF 11/2023)

LAURA CHEPUCAVAGECHAIR-ELECT

LIBBY CANTRILLDIRECTOR

SOL GINDIDIRECTOR

SHAWN QUANTDIRECTOR

SAMUEL RAMIREZ JRDIRECTOR

LISA KIDD HUNTTREASURER

SAMARA COHENDIRECTOR

RONALD KRUSZEWSKIVICE CHAIR

MATT BENCHENERDIRECTOR (AS OF 11/2023)

MICHAEL DURBINDIRECTOR (AS OF 01/2024)

MICHAEL KISBERDIRECTOR

NAUREEN HASSANDIRECTOR (THRU 01/2024)

PAUL REILLYDIRECTOR

PETER SCHNEIDERDIRECTOR (THRU 11/2023)

KATIE FALLONDIRECTOR

ROBERT HAWLEYDIRECTOR (THRU 10/2024)

ROBERT POPOWSKIDIRECTOR (THRU 10/2023)

RYAN TAYLORDIRECTOR

GARY RAPPDIRECTOR (AS OF 11/2023)

ANDY SAPERSTEINDIRECTOR (THRU 01/2024)

ANN FOGARTYDIRECTOR (AS OF 11/2023)

BRENDAN REILLYDIRECTOR

BRENT GLEDHILLDIRECTOR (AS OF 11/2023)

CHANCE MIMSDIRECTOR (AS OF 11/2023)

CHARLOTTE MCLAUGHLINDIRECTOR (THRU 11/2023)

CLAIRE SANTANIELLODIRECTOR

CRAIG MESSINGERDIRECTOR

DAVID LEFKOWITZDIRECTOR

DOUGLAS PREISERDIRECTOR

GARY HALLDIRECTOR

GARY KANEDIRECTOR

KEVIN BAILEYDIRECTOR

JACQUELINE LICALZIDIRECTOR (AS OF 01/2024)

JAMIE PRICEDIRECTOR (THRU 01/2024)

JEFFREY ROSENDIRECTOR (THRU 11/2023)

JIM REYNOLDSCHAIR-EMERITUS

JOHN TAFTDIRECTOR

JOHN VACCARODIRECTOR

JOHN FW ROGERSDIRECTOR

JOSEPH E SWEENEYDIRECTOR

KABIR SETHIDIRECTOR (THRU 04/2024)

KASHIF ZAFARDIRECTOR

ALTHEA BROWNDIRECTOR (AS OF 04/2024)

KENNETH CELLACHAIR

About this charity

Recognized since: January 2008
Location: 140 BROADWAY 35TH FLOOR, NEW YORK, NY 10005-1133
County: New York
In care of: % DARRAH RAFFERTY
Primary officer: DAVID KRASNER, CFO & CAO

How to reach them

WebsiteVisit the charity’s website Phone(212) 313-1371

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Business & Industry (S40)
IRS tax category: Business & Industry
Grant-giving organization: Yes