2020-08-13T09:54:02-05:00 2020-03-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2019-04-01 043044983 NICSA Inc NICS 5084851500 225 Franklin Street 26th Floor Boston MA 021102804 James A Fitzpatrick President 5084851500 2020-08-10 1 Lori A Collingsworth P00639819 7038930300 2020-08-10 108.28.125.132 2020-08-13 10:51:51 ED P DD3BD8FAA7E619236B258E939CC8F9AD6F7FDC38 DD3BD8FAA7E619236B258E939CC8F9AD6F7FDC38 2019 2020-11-06 18:47:13Z James A Fitzpatrick 225 Franklin Street 26th Floor Boston MA 021102804 2864979 0 X http://www.nicsa.org/ X 1987 MA NICSA is the leading provider of independent education and networking forums to professionals in the global investment management community. 27 27 11 325 0 0 0 181739 1201722 2629503 9803 10253 130 -19693 1211655 2801802 0 59696 0 0 720855 1289939 0 0 0 626820 1358941 1347675 2708576 -136020 93226 1494081 990191 1060765 463649 433316 526542 X NICSA provides the Global Investment Management Industry with discussion and education forums to better serve its customers by developing operational best practices. See Schedule O for Continuation 0 0 889946 1118363 Annual Conference: NICSA Annual Conference and expo provides educational and networking opportunities for its membership. 557584 467500 Diversity Project: The goal of the Diversity Project is to accelerate progress toward a more inclusive culture across all demographics including gender, ethnicity, sexual orientation, age and disability. The Diversity Project will also focus on enhancing the financial services industry brand within higher education and developing and sharing leading practices across member firms. 379297 354104 General Membership Meetings: NICSA facilitated a National Meeting that provided education and networking opportunities for its membership. 289534 669548 Membership Services: NICSA offers members opportunities to develop leading practices through participation on committees, access to compliance guides and other services. 126090 19988 Training and Desktop Education: NICSA provides its members with timely, interactive webinars on a variety of topics and provides its members with other educational materials and programs. 59696 59696 Blackwell Scholarship: The NICSA/William T. Blackwell Scholarship Fund was established as a tribute to Bill Blackwell's commitment to education and to recognize outstanding students of the NICSA family with financial and social support for postsecondary education. Blackwell Scholars receive up to four years of scholarship support, a mentor from a NICSA member company, and access to career networking and internship opportunities. Content: Identify key themes and topics most relevant to our current and prospective membership; Align committee work with NICSA's priority issues and thematic objectives; Shape the Association's thought leadership ; and Assist in framing the content program delivered to our members through conferences & in person meetings, webinars, social media platforms as well as all written content (blogs, white papers, surveys, etc. 475320 59696 689536 2302147 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X The Organization 5084851500 225 Franklin Street 26th Floor Boston MA 021102804 Dan Houlihan Chair 1.00 X X 0 0 0 Peter Poulin Treasurer 1.00 X X 0 0 0 Timothy Johnson Director 1.00 X 0 0 0 Lisa Halbach Director 1.00 X 0 0 0 Scott Brady Director 1.00 X 0 0 0 Keith Slattery Director 1.00 X 0 0 0 Mark Trenchard Director 1.00 X 0 0 0 Rich Prior Director 1.00 X 0 0 0 Matt Thomas Director 1.00 X 0 0 0 David Whitaker Director 1.00 X 0 0 0 Ian McCoy Director 1.00 X 0 0 0 Scott Chelton Director 1.00 X 0 0 0 Lisa Hill Director 1.00 X 0 0 0 Margarheeta Rheeta Wise Director 1.00 X 0 0 0 Philip Kolb Director 1.00 X 0 0 0 Michael DeNofrio Director 1.00 X 0 0 0 Larry Fahey Director 1.00 X 0 0 0 Joseph Quirk Director 1.00 X 0 0 0 Joshua Lovell Director 1.00 X 0 0 0 Michael O'Reilly Director 1.00 X 0 0 0 Kevin O'Connell Director 1.00 X 0 0 0 Jay Martin Director 1.00 X 0 0 0 Veronica Lee Director 1.00 X 0 0 0 Pat Curtin Director 1.00 X 0 0 0 Katarina Tsouganatous Director 1.00 X 0 0 0 Frieda Lewis Director 1.00 X 0 0 0 Dan Moorman Director 1.00 X 0 0 0 Eileen Norton Director 1.00 X 0 0 0 Cliff Poirier Director 1.00 X 0 0 0 David Rosen Director 1.00 X 0 0 0 Brandon Anderson Director 1.00 X 0 0 0 Bethaney Hendricks Director 1.00 X 0 0 0 Chris Keller Director 1.00 X 0 0 0 Stacy Bernstein Director 1.00 X 0 0 0 Mark Lavan Director 1.00 X 0 0 0 Clint Harris Director 1.00 X 0 0 0 James A Fitzpatrick President 40.00 X 359375 0 0 Justine Phoenix VP Distribution & Broker Dealer Engagement 40.00 X 125000 0 0 484375 0 0 2 0 1 0 Interel US Inc 1420 New York Avenue NW 5th Floor Washington DC 20005 Association Management Services 212917 1 81739 100000 181739 Annual Conference 900099 1118363 1118363 Membership Dues 900099 669548 669548 Diversity Project 900099 467500 467500 General Membership Meetings 900099 354104 354104 Other Meetings, Events, Training 900099 19988 19988 2629503 10253 10253 41762 81739 63177 -21415 -21415 Other income 900099 1722 1722 1722 2801802 2629503 0 -9440 59696 59696 473785 426407 47378 722506 632789 89717 16328 14457 1871 77320 68459 8861 136667 129833 6834 31328 31328 80854 38233 42621 33398 33398 103192 35595 67597 214519 189197 25322 119841 73596 46245 631175 631175 5302 2710 2592 Dues & Subscriptions 1200 1200 Board & Committee 965 965 Taxes & Licenses 500 500 2708576 2302147 406429 0 572633 62930 713568 723820 36917 163641 170963 39800 33784 33784 0 0 1494081 990191 7976 78085 0 21831 1052789 363733 1060765 463649 X 433316 526542 433316 526542 1494081 990191 93226 0 X X 0 1 X 1 0 X 49625 181739 231364 1458710 1476527 1528921 1201722 2629503 8295383 558 31232 130 43484 75404 1458710 1477085 1609778 1201852 2854726 8602151 0 291183 245467 185186 183800 195280 1100916 291183 245467 185186 183800 195280 1100916 7501235 80 81 2523 9803 10253 22740 80 81 2523 9803 10253 22740 1458790 1477166 1612301 1211655 2864979 8624891 0.86970 0.86640 0.00260 0.00170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33784 33784 0 0 X 2742106 0 2742106 59696 59696 2801802 2648880 0 2648880 59696 59696 2708576 Part X, Line 2: NICSA follows the Financial Accounting Standards Board Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in NICSA's financial statements, if any. As of March 31, 2020, NICSA had no unrecognized tax benefits related to uncertain tax positions in its information return that would qualify for either recognition or disclosure in its financial statements. NICSA's policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through March 31, 2020, there have been no matters that would have resulted in an accrual for interest and/or penalties. Part XI, Line 4b - Other Adjustments: Golf Tournament net proceeds donation to Blackwell Scholarship Fund 59,696. Part XII, Line 4b - Other Adjustments: Golf Tournament net proceeds donation to Blackwell Scholarship Fund 59,696. Golf Tournament 123501 81739 41762 5030 33770 17023 7354 123501 81739 41762 5030 33770 17023 7354 63177 -21415 1 Boston Foundation Inc 75 Arlington St 1000 Boston MA 02116 042104021 501(c)(3) 59696 0 N/A N/A NICSA/William T. Blackwell Scholarship Fund 1 0 Part I, Line 2: The NICSA/William T. Blackwell Scholarship Fund was established as a tribute to Bill Blackwell's commitment to education and to recognize outstanding students of the NICSA family with financial and social support for postsecondary education. Blackwell Scholars receive up to four years of scholarship support, a mentor from a NICSA member company, and access to career networking and internship opportunities. Working together with The Philanthropic Initiative, the Boston Foundation assures that the intent and spirit of NICSA and William T. Blackwell will be carried out and maintained. X X X 0 0 0 0 0 0 0 0 0 James A Fitzpatrick President 259375 0 100000 0 0 0 0 0 0 0 359375 0 0 0 Form 990, Part III, Line 1: Mission Continuation NICSA forums enable associates of asset managers, distributors, and service providers to: Collaborate to establish standards for operational best practices to assist compliance with regulations and continuously improve operating performance. Stay up-to-date on the latest developments through education and Information sharing. Learn about trends in all types of investment vehicles, including mutual funds, hedge funds, unit investment trusts, UCITS and ETFS. Connect members with peers to network and learn from each other, and foster skills that can help advance careers. Form 990, Part VI, Section A, line 3 Through October of 2019, the Association utilized the services of a management firm, Interel US, Inc., to provide management, back-office services, and use of office space and equipment. Management fees totaled $136,667 for the fiscal year ended March 31, 2020. Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a Each member organization shall designate one nominee as its representative and may designate one or more alternate nominees. Such nominees shall be employees of the member organization. Form 990, Part VI, Section B, line 11b A draft of the Federal Form 990 is circulated to the Board of Directors for review prior to filing with the IRS. Any questions are collected and resolved. The Audit Committee approves the final Federal Form 990 to be filed. Form 990, Part VI, Section B, line 12c The organization requires an annual written disclosure that all directors must sign confirming that they are in compliance with the Conflict of Interest Policy and must be updated throughout the year as necessary. Form 990, Part VI, Section B, line 15 The compensation of the President and top management positions are determined by the Executive Committee consisting of members of the Board of Directors. The Committee considers performance as well as comparability data when determining compensation. The full Board of Directors approves the President's compensation based upon recommendation from the Executive Committee. Form 990, Part VI, Section C, line 19 The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The organization's Audit Committee is responsible for the oversight of the audit and the selection of the independent accountant. This process has not changed from prior years.