2023-10-06T11:56:57-05:00 2022-12-31 541498950 RENNER AND COMPANY CPA PC 700 NORTH FAIRFAX STREET SUITE 400 ALEXANDRIA VA 22314 990 2022-01-01 200587793 FINANCIAL SERVICES INSTITUTE INC FINA 8883731840 1201 PENNSYLVANIA AVE NW 700 WASHINGTON DC 20004 DALE BROWN PRESIDENT & CEO 8883731840 2023-10-05 1 DALE BROWN 999009999 0 ANDREW E YOUNG CPA CGMA MBA P01203950 7035351200 2023-10-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DALE BROWN 1201 PENNSYLVANIA AVE NW 700 WASHINGTON DC 20004 10638881 0 X WWW.FINANCIALSERVICES.ORG X 2004 GA TO CREATE A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. 21 21 23 21 39586 35146 0 0 9481348 10480392 31362 57388 -27936 101101 9484774 10638881 0 0 0 0 5856544 6438083 0 0 0 3350792 3907799 9207336 10345882 277438 292999 15307729 15775442 10077880 10252594 5229849 5522848 FINANCIAL SERVICES INSTITUTE'S MISSION IS TO CREATE A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. 0 0 TO PROVIDE SUPPORT TO INDEPENDENT FINANCIAL ADVISORS AND FINANCIAL SERVICES FIRMS THROUGH CONSTRUCTIVE ADVOCACY WITH FEDERAL AND STATE REGULATORS AND LEGISLATORS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 31 0 23 1 1 1 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRETT MCALLISTER 8883731840 1201 PENNSYLVANIA AVE NW SUITE 700 WASHINGTON DC 20004 ED FORST CHAIR 4.00 X X 0 0 0 JAMES POER IMMEDIATE PAST CHAIR 4.00 X X 0 0 0 SCOTT SPIKER VICE CHAIR 4.00 X X 0 0 0 DENISE BARROWS CHAIR, FINANCE COMMITTEE 4.00 X X 0 0 0 STEVE HORN FSI PAC CHAIR 4.00 X X 0 0 0 CHRISTINE BYRNE MEMBER 1.00 X 0 0 0 KENT CHRISTIAN MEMBER 1.00 X 0 0 0 VON COOK MEMBER 1.00 X 0 0 0 ALEX DAVID MEMBER 1.00 X 0 0 0 MARY BETH HOFMEISTER MEMBER 1.00 X 0 0 0 DOUG KETTERER MEMBER 1.00 X 0 0 0 BOB OROS MEMBER 1.00 X 0 0 0 CHRIS PERRY MEMBER 1.00 X 0 0 0 JODI PERRY MEMBER 1.00 X 0 0 0 JAMIE PRICE MEMBER 1.00 X 0 0 0 TOM SANTUCCI MEMBER 1.00 X 0 0 0 EMILY SCHLOSSER MEMBER 1.00 X 0 0 0 EVAMARIE SCHOENBORN MEMBER 1.00 X 0 0 0 MARC SQUIRES MEMBER 1.00 X 0 0 0 TIM STINSON MEMBER 1.00 X 0 0 0 AMY WEBBER MEMBER 1.00 X 0 0 0 DALE BROWN PRESIDENT & CEO 40.00 X X 950921 0 144798 DAVID BELLAIRE EXEC VP & GENERAL COUNSEL 40.00 X 596371 0 102931 BRETT MCALLISTER SVP, FINANCE, OPS, & BUS STRAT 40.00 X 516051 0 82763 CHRISTOPHER PAULITZ HEAD, STRAT. INITIATIVES 40.00 X 338046 0 71309 ROBIN TRAXLER SVP, POLICY AND DEP GEN CO 40.00 X 386155 0 61361 KEVIN WHITEHEAD VP, BUSINESS DEVELOPMENT 40.00 X 292548 0 56586 MICHELLE ALLGAUER SVP, EDUCATION AND ENGMNT 40.00 X 489074 0 67506 KATHRYN ANDERSON VP, CORPORATE RELATIONS 40.00 X 214369 0 50290 NICOLE BROWN AVP, PEOPLE & CULTURE 40.00 X 155928 0 8411 MATTHEW LANDERS DIR POLITICAL ENGMNT 40.00 X 132790 0 14484 RENEE BARNETT DIR FED REG AFFAIRS, SR CNSL 40.00 X 247539 0 13201 DAN BARRY DIR STATE LEG AFFAIRS 40.00 X 156118 0 31131 HANNA LAVER DIR LEG AFFAIRS & SR CNSL 40.00 X 159172 0 8732 4635082 0 713503 13 0 1 0 BAKER MCKENZIE LLP 815 CONNECTICUT AVE NW WASHINGTON DC 20006 LEGAL SERVICES 281009 HILTON ANATOLE DALLAS 2201 STEMMONS FWY DALLAS TX 75207 LODGING 225847 GIBSON DUNN & CRUTCHER LLP 1050 CONNECTICUT AVE NW WASHINGTON DC 20036 LEGAL SERVICES 225343 EVERSHEDS SUTHERLAND LLP 700 SIXTH STREET NW SUITE 700 WASHINGTON DC 20001 LEGAL SERVICES 213252 THORN RUN PARTNERS LLC 100 M STREET SE WASHINGTON DC 20003 PUBLIC RELATIONS 165000 6 MEMBERSHIP DUES 900009 8180351 8180351 SPONSORSHIP REVENUE 900009 1475270 1475270 CONFERENCE AND SPECIAL MEETINGS 900009 559185 559185 EXHIBIT INCOME 900009 226000 226000 ADVERTISING 581400 39586 39586 10480392 57388 57388 OTHER INCOME 900009 101101 101101 101101 10638881 10315907 39586 283388 4421080 1154488 339669 250461 272385 267104 287248 104829 122176 185733 719324 69009 484478 70877 19463 LEGISLATIVE EXPENSES 630691 REGULATORY EXPENSES 496335 MEMBERSHIP EXPENSES 177965 PERSONNEL EXPENSES & DE 99867 172700 10345882 2213006 3186127 6540197 6597570 27500 288127 179226 829481 609551 254019 219930 6012380 5565089 15307729 15775442 659060 709341 2255615 2820835 7163205 6722418 10077880 10252594 X 5229849 5522848 5229849 5522848 15307729 15775442 292999 0 X X 0 1 X 1 0 FINANCIAL SERVICE INSTITUTE PAC 1201 PENNSYLVANIA AVE NW SUITE 70 WASHINGTON DC 20004 200587793 1 0 0 PART I-A, LINE 1: ADMINISTERED THE FINANCIAL SERVICES INSTITUTE PAC. 251949 109143 142806 76841 47978 28863 500691 452430 48261 219930 CONTRIBUTIONS - 457 PLAN 1566210 RIGHT OF USE ASSET 3998879 5565089 OFFICE LEASE LIABILITY 4807690 457 PLAN PAYABLE 1914728 6722418 X PART X, LINE 2: IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ACCOUNTING STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAS TAKEN NO UNCERTAIN TAX POSITION THAT REQUIRES ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X X X X X 0 1 0 DALE BROWN PRESIDENT & CEO 950921 0 0 0 0 0 126100 0 18698 0 1095719 0 0 0 DAVID BELLAIRE EXEC VP & GENERAL COUNSEL 596371 0 0 0 0 0 84283 0 18648 0 699302 0 0 0 BRETT MCALLISTER SVP, FINANCE, OPS, & BUS STRAT 407846 0 108205 0 0 0 67675 0 15088 0 598814 0 0 0 MICHELLE ALLGAUER SVP, EDUCATION AND ENGMNT 417524 0 71550 0 0 0 59640 0 7866 0 556580 0 0 0 ROBIN TRAXLER SVP, POLICY AND DEP GEN CO 310321 0 75834 0 0 0 52866 0 8495 0 447516 0 0 0 CHRISTOPHER PAULITZ HEAD, STRAT. INITIATIVES 293154 0 44892 0 0 0 50784 0 20525 0 409355 0 0 0 KEVIN WHITEHEAD VP, BUSINESS DEVELOPMENT 292548 0 0 0 0 0 38543 0 18043 0 349134 0 0 0 KATHRYN ANDERSON VP, CORPORATE RELATIONS 214369 0 0 0 0 0 31981 0 18309 0 264659 0 0 0 RENEE BARNETT DIR FED REG AFFAIRS, SR CNSL 247539 0 0 0 0 0 12320 0 881 0 260740 0 0 0 DAN BARRY DIR STATE LEG AFFAIRS 156118 0 0 0 0 0 8981 0 22150 0 187249 0 0 0 HANNA LAVER DIR LEG AFFAIRS & SR CNSL 159172 0 0 0 0 0 8278 0 454 0 167904 0 0 0 NICOLE BROWN AVP, PEOPLE & CULTURE 155928 0 0 0 0 0 8090 0 321 0 164339 0 0 0 PART I, LINE 4B BROWN, DALE - $107,800 BELLAIRE, DAVID - $65,983 ALLGAUER, MICHELLE - $41,340 ANDERSON, KATHRYN - $21,852 MCALLISTER, BRETT - $49,375 PAULITZ, CHRISTOPHER - $34,841 TRAXLER, ROBIN - $41,509 WHITEHEAD, KEVIN - $26,772 FORM 990, PART VI, SECTION A, LINE 6 THIS IS A MEMBERSHIP ORGANIZATION WHO IS INTERESTED IN CREATING A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL SCHEDULES WERE CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. A DEADLINE WAS ESTABLISHED FOR COMMENTS. AFTER COMMENTS WERE RECEIVED AND REVIEWED, THE FORM 990 WAS FINALIZED AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MEET EACH JANUARY AND DISCUSSES ANY POTENTIAL CONFLICT OF INTEREST AND THEN COMPLETES A FORM. FORM 990, PART VI, SECTION B, LINE 15A THE POLICY FOR DETERMINING COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE FINANCE COMMITTEE MAINTAINS OVERSIGHT OVER THE INDEPENDENT AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. FINANCIAL SERVICES INSTITUTE PAC 1201 PENNSYLVANIA AVE NW SUITE 700 WASHINGTON DC 20004 CAMPAIGN SUPPORT DC 527 N/A FINANCIAL SERVICES INSTITUTE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0