2020-05-21T15:56:19-05:00 2019-12-31 521853933 JONES MARESCA & MCQUADE PA 1401 MERCANTILE LANE SUITE 440 LARGO MD 20774 990 2019-01-01 222597521 INSTITUTE FOR PORTFOLIO ALTERNATIVESINC INVE 2025487190 PO BOX 480 ELLICOTT CITY MD 21041 TRACY MESTERHARM ASSOCIATE DIRECTOR 2025487190 2020-05-19 1 MARIO F MARESCA CPA P01283039 3016366001 2020-05-19 64.88.174.3 2020-05-19 15:13:36 ED P 8ACB69A3B5645F8543B25487A9D884FE7478624C 248F122C1CD98455D1EAD54961AB2A11B00DE755 2019 2021-04-22 16:20:28Z TRACY MESTERHARM PO BOX 480 ELLICOTT CITY MD 21041 3383875 0 X WWW.IPA.COM X 1985 DC ADVOCATING DIRECT INVESTMENTS THROUGH EDUCATION. 28 28 7 400 0 0 0 0 3410782 3372926 16809 10949 0 0 3427591 3383875 0 0 0 0 1263029 1274986 0 0 0 1826213 2081373 3089242 3356359 338349 27516 1931325 1940785 284382 266326 1646943 1674459 NATIONAL ASSOCIATION OF INVESTMENT SPONSORS, BROKER DEALERS, & INDUSTRY PROFESSIONALS ORGANIZED TO ENSURE UNITY OF DIRECTION AND EFFICIENT COORDINATION OF ISSUES RELATING TO STRATEGIES & OPERATIONAL ALIGNMENT IN THEIR OFFER & DISTRIBUTION OF DIRECT INVESTMENTS. 0 0 MEMBERSHIP MEETINGS: TWO MEMBERSHIP MEETINGS ARE HELD EACH YEAR TO DISSEMINATE CURRENT INDUSTRY TRENDS AND REGULATORY UPDATES.IN 2019, APPROXIMATELY 946 PEOPLE BENEFITTED FROM ATTENDING MEMBERSHIP MEETINGS. 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 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 15 0 1 7 1 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 X TRACY MESTERHARM 2025487188 4625 ILCHESTER ROAD ELLICOTT CITY MD 21043 TODD LOCKWOOD DIRECTOR 0.50 X 0 0 0 ELLA NEYLAND DIRECTOR 1.50 X 0 0 0 THAYER GALLISON DIRECTOR 0.50 X 0 0 0 GLORIA NELUND DIRECTOR 0.50 X 0 0 0 KEITH JONES DIRECTOR 0.50 X 0 0 0 MICHAEL CHOATE DIRECTOR 0.50 X 0 0 0 DANIEL CULLEN DIRECTOR 0.50 X 0 0 0 ROBERT JOHNSON DIRECTOR 0.50 X 0 0 0 NEIL MENARD DIRECTOR 0.50 X 0 0 0 PAUL MUMMA DIRECTOR 0.50 X 0 0 0 NICOLE PETROSINO DIRECTOR 0.50 X 0 0 0 KEVIN SHIELDS DIRECTOR 0.50 X 0 0 0 SCOTT SMITH DIRECTOR 0.50 X 0 0 0 ALLAN SWARINGEN DIRECTOR 0.50 X 0 0 0 TODD VAN PELT DIRECTOR 0.50 X 0 0 0 DANIEL WILDERMUTH DIRECTOR 0.50 X 0 0 0 MATT FRIES DIRECTOR 0.50 X 0 0 0 STEVE DEANGELIS DIRECTOR 0.50 X 0 0 0 TRISHA MILLER CHAIR ELECT 1.50 X X 0 0 0 LEONARD SILVERSTEIN DIRECTOR 0.50 X 0 0 0 RYAN SIMS DIRECTOR 0.50 X 0 0 0 RICK MURPHY DIRECTOR 0.50 X 0 0 0 MICHAEL PAGANO DIRECTOR 0.50 X 0 0 0 MICHAEL REISNER DIRECTOR 0.50 X 0 0 0 JEFF TAYLOR DIRECTOR 0.50 X 0 0 0 ROSEMARIE THURSTON DIRECTOR 0.50 X 0 0 0 LEON VOLCHYOK DIRECTOR 0.50 X 0 0 0 DANIEL WAGNER DIRECTOR 0.50 X 0 0 0 ANTHONY CHERESO PRESIDENT/CEO 40.00 X 389009 0 35720 TRACY MESTERHARM ASSOC DIR/SECRETARY/TREAS 40.00 X 150143 0 29517 MATTHEW TRAMEL CHIEF COMMUNICATION OFFICE 40.00 X 163891 0 17615 ANYA COVERMAN SVP, GOVT AFFAIRS & GEN CO 40.00 X 213941 0 0 JERRY MONTGOMERY DIRECTOR OF EDUCATION 40.00 X 135966 0 26183 1052950 0 109035 5 0 1 0 FAIRMONT ROYAL YORK 100 FRONT ST W TORONTO CANADA CA M5J 1E3 HOTEL/CATERING 269571 FAIRMONT WASHINGTON 2401 M ST NW WASHINGTON DC 20037 HOTEL/CATERING 258338 GRAYROBINSON PO BOX 3068 ORLANDO FL 32802 LOBBYING 204417 EDELMAN 21992 NETWORK PL CHICAGO IL 60673 MARKETING 195700 LEMON8CREATIVE 3940 DEEP VALLEY DRIVE DALLAS TX 75244 LOBBYING 103900 5 MEMBERSHIP DUES 900099 1765192 1765192 SEMINARS AND CONFERENC 611430 1605552 1605552 EDUCATION PROGRAMS 611430 2182 2182 3372926 10949 10949 3383875 3372926 0 10949 975136 210790 2737 21245 65078 6479 21519 306493 146112 390 46376 98910 2918 104376 1049338 1991 5349 PUBLIC RELATIONS 230523 SUBCRIPTIONS AND DUES 36224 BAD DEBT 24375 3356359 1800700 1815292 74126 93807 51740 19095 45535 32944 4759 12591 1931325 1940785 258785 266326 25597 0 284382 266326 X 1646943 1674459 1646943 1674459 1931325 1940785 27516 0 X X 1 X 0 1 0 6859 0 0 1 1765192 306493 -201622 104871 264779 -159908 PART I-A, LINE 1: PAID THE ADMINISTRATIVE EXPENSES FOR THE PAC 45535 32944 12591 12591 X PART X, LINE 2: THE INSTITIUTE'S INCOME TAX FILINGS MAY NOT BE SUBJECT TO AUDIT BY FEDERAL TAXING AUTHORITIES FOR YEARS BEGINNING BEFORE JANUARY 1, 2016. X X X X X 1 0 0 ANTHONY CHERESO PRESIDENT/CEO 264009 0 125000 0 0 0 11200 0 24520 0 424729 0 0 0 TRACY MESTERHARM ASSOC DIR/SECRETARY/TREAS 115143 0 35000 0 0 0 6134 0 23383 0 179660 0 0 0 MATTHEW TRAMEL CHIEF COMMUNICATION OFFICE 141891 0 22000 0 0 0 5596 0 12019 0 181506 0 0 0 ANYA COVERMAN SVP, GOVT AFFAIRS & GEN CO 201341 0 12600 0 0 0 0 0 0 0 213941 0 0 0 JERRY MONTGOMERY DIRECTOR OF EDUCATION 120966 0 15000 0 0 0 2737 0 23446 0 162149 0 0 0 PART I, LINE 4A 2019 SEVERANCE PAYMENTS: JERRY MONTGOMERY $27,875 MATTHEW TRAMEL $25,455 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE'S MEMBERS NOMINATE AND ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CEO REVIEWS THE FORM 990 WITH THE TREASURER FOLLOWED BY A REVIEW OF THE FORM 990 BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 IPA'S BOARD AND FINANCE COMMITTEE DETERMINE ANNUAL SALARY INCREASES AND PERFORMANCE BONUSES, IF ANY. THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT/CEO'S PERFORMANCE FOR POSSIBLE BONUS. DELIBERATIONS REGARDING CEO COMPENSATION ARE NOT DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S POLICIES, GOVERNANCE DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C EXPLANATION THE ORGANIZATION'S POLICY ON INDEPENDENT ACCOUNTANT SELECTION AND OVERSIGHT HAS NOT CHANGED DURING THE CURRENT YEAR. INSTITUTE FOR PORTFOLIO ALTERNATIVES POLITICAL ACTION COMMITTEE PO BOX 480 ELLICOTT CITY MD 210410480 824344154 POLITICAL INFLUENCE MD 527 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0