CFA INSTITUTE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CFA INSTITUTE (EIN 54-1386480)
- Tax period
- 2015-09-01 to 2016-08-31
- Filed
- 2017-04-14
- IRS object ID
- 201721049349301307
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-14T15:12:07-05:00 | ReturnTs |
| Tax Period End | 2016-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 13TH ST NW SUITE 1000 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541386480 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DIANE BASILE | InCareOfNm |
| Business Name Control | CFAI | BusinessNameControlTxt |
| Phone | 4349515499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2083 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229022083 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL SMITH | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Signature | 2017-04-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229022083 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $375,424,254 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.cfainstitute.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO LEAD THE INVESTMENT PROFESSION GLOBALLY BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFIT OF SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 1244 | TotalEmployeeCnt |
| Total Volunteers | 5400 | TotalVolunteersCnt |
| Total Gross UBI | $567,826 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $72,631 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $258,794,215 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $281,529,553 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,554,904 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,883,628 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,145,540 | PYOtherRevenueAmt |
| CY Other Revenue | $1,231,503 | CYOtherRevenueAmt |
| PY Total Revenue | $272,494,659 | PYTotalRevenueAmt |
| CY Total Revenue | $284,644,684 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,437,725 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,580,642 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $85,925,594 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $92,419,940 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $146,549,927 | PYOtherExpensesAmt |
| CY Other Expenses | $166,774,788 | CYOtherExpensesAmt |
| PY Total Expenses | $238,913,246 | PYTotalExpensesAmt |
| CY Total Expenses | $270,775,370 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $33,581,413 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,869,314 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $389,688,371 | TotalAssetsBOYAmt |
| Total Assets EOY | $453,410,522 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $181,143,737 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $211,603,552 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $208,544,634 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $241,806,970 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CFA INSTITUTE IS THE GLOBAL, NON-PROFIT PROFESSIONAL MEMBERSHIP ASSOCIATION THAT ADMINISTERS THE CHARTERED FINANCIAL ANALYST (CFA) ANDCERTIFICATE IN INVESTMENT PERFORMANCE MEASUREMENT (CIPM), AND CFA INSTITUTE INVESTMENT FOUNDATIONS CURRICULUM AND EXAMINATION PROGRAMS WORLDWIDE; PROVIDES RESEARCH, PROFESSIONAL DEVELOPMENT PROGRAMS, AND PROFESSIONAL CONDUCT ENFORCEMENT FOR ITS INDIVIDUAL MEMBERS; AND SETS VOLUNTARY, ETHICS-BASED PROFESSIONAL AND PERFORMANCE-REPORTING STANDARDS FOR THE INVESTMENT PROFESSION. THE STATED MISSION OF THE ORGANIZATION IS TO LEAD THE INVESTMENT PROFESSION GLOBALLY BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFIT OF SOCIETY. CFA INSTITUTE PURSUES THIS MISSION ON BEHALF OF ITS INDIVIDUAL MEMBERS WHO CURRENTLY NUMBER 146,694 AND WHO RESIDE IN 157 COUNTRIES. (SEE SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE CHARTERED FINANCIAL ANALYST CFA PROGRAM: THE ORGANIZATION ADMINISTERS THE WORLD-RENOWNED CFA PROGRAM, WHICH IS A THREE-LEVEL, EDUCATION AND EXAMINATION PROGRAM COVERING TOPICS ESSENTIAL TO THE INVESTMENT DECISION-MAKING PROCESS. THESE TOPICS FORM WHAT IS KNOWN AS THE CANDIDATE BODY OF KNOWLEDGE AND INCLUDE ETHICAL AND PROFESSIONAL STANDARDS, QUANTITATIVE METHODS, ECONOMICS, FINANCIAL STATEMENT REPORTING AND ANALYSIS, CORPORATE FINANCE, EQUITY AND FIXED-INCOME ANALYSIS, ALTERNATIVE INVESTMENTS, DERIVATIVES, PORTFOLIO MANAGEMENT, AND WEALTH PLANNING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROFESSIONAL DEVELOPMENT MEMBER SERVICES: THE ORGANIZATION BELIEVES STRONGLY IN LIFELONG LEARNING AND THEREFORE SPONSORS AND DISSEMINATES A VARIETY OF EDUCATIONAL CONTENT TO MEMBER AND NONMEMBER INVESTMENT PROFESSIONALS ON TOPICS RELEVANT TO THE PROFESSION. IT ALSO PROVIDES ITS MEMBERS CAREER DEVELOPMENT RESOURCES, CREATES AFFILIATION AND NETWORKING OPPORTUNITIES, AND PROMOTES AWARENESS AND RECOGNITION OF THEIR CREDENTIAL TO THE INDUSTRY AND INVESTING PUBLIC. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STANDARDS ADVOCACY, AND THOUGHT LEADERSHIP: THE ORGANIZATION IS A LEADING VOICE ON ISSUES OF FAIRNESS, EFFICIENCY, AND INVESTOR PROTECTION IN GLOBAL CAPITAL MARKETS AND PROMOTES HIGH STANDARDS OF ETHICS, INTEGRITY, AND PROFESSIONAL EXCELLENCE WITHIN THE INVESTMENT COMMUNITY. THE ORGANIZATION ALSO PROMOTES AND ENFORCES THE CFA INSTITUTE CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT, TO WHICH ALL MEMBERS OF THE ORGANIZATION AND CANDIDATES IN THE CFA PROGRAM ARE REQUIRED TO ADHERE AS WELL AS RESEARCH AND THOUGHT LEADERSHIP. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 409 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1244 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | MY | ForeignCountryCd |
| Foreign Country | AR | ForeignCountryCd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | SN | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DIANE BASILE | PersonNm |
| Phone | 4349515499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229022083 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| COLIN W MCLEAN FSIP | ||||||||||
| AUDIT & RISK COMMITTEE CHAIR | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| ZOUHEIR TAMIM EL JARKASS CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| AARON LOW CFA | ||||||||||
| IMMEDIATE PAST CHAIR | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| ATTILA KOKSAL CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| BETH HAMILTON-KEEN CFA | ||||||||||
| CHAIR | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| FREDERIC P LEBEL CFA | ||||||||||
| VICE CHAIR | 1.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| GIUSEPPE BALLOCCHI CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| JAMES G JONES CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| MARK J LAZBERGER CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| ROBERT JENKINS FSIP | ||||||||||
| PLANNING COMMMITTEE CHAIR | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| SUNIL SINGHANIA CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| HEATHER BRILLIANT CFA | ||||||||||
| EXTERNAL RELATIONS & VOLUNTEER | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| PAUL SMITH CFA | ||||||||||
| PRES & CEO & RESRCH FDN BD MEM | 40.0 | Yes (X) | $1,049,047 | $0 | $155,093 | Yes (X) | 1.0 | |||
| SCOTT PROCTOR CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| MICHAEL TROTSKY CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| HUA YU CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| LYNN STOUT | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| DANIEL GAMBA CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $0 | $0 | $0 | |||||
| GEORGE SPENTZOSCFA FSIP | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.0 | Yes (X) | $5,900 | $0 | $0 | |||||
| JOSEPH P LANGE | ||||||||||
| CORPORATE SECRETARY | 40.0 | $141,491 | $0 | $34,606 | Yes (X) | |||||
| TIMOTHY G MCLAUGHLIN CFA | ||||||||||
| CFO/SENIOR ADV-EXITED 8/2016 | 40.0 | $561,436 | $0 | $70,739 | Yes (X) | 1.0 | ||||
| SANDRA PETERS CFA | ||||||||||
| INTERIM CFO - EFFECTIVE 3/2016 | 40.0 | $382,214 | $0 | $47,637 | Yes (X) | 1.0 | ||||
| ELAINE CHENG | ||||||||||
| MANAGING DIRECTOR | 40.0 | $448,113 | $0 | $71,243 | Yes (X) | |||||
| DONNA MARSHALL | ||||||||||
| MANAGING DIRECTOR | 40.0 | $563,408 | $0 | $68,866 | Yes (X) | |||||
| KURT N SCHACHT CFA | ||||||||||
| MANAGING DIRECTOR | 40.0 | $574,478 | $0 | $79,059 | Yes (X) | |||||
| NITIN MEHTA CFA | ||||||||||
| MANAGING DIRECTOR | 40.0 | $479,212 | $0 | $98,766 | Yes (X) | |||||
| STEPHEN M HORAN CFA | ||||||||||
| MANAGING DIRECTOR | 40.0 | $458,559 | $0 | $72,967 | Yes (X) | |||||
| JOHN BOWMAN CFA | ||||||||||
| MANAGING DIRECTOR | 40.0 | $455,206 | $0 | $70,943 | Yes (X) | |||||
| SHERI LYNN LITTLEFIELD-MORENO | ||||||||||
| GENERAL COUNSEL | 40.0 | $213,428 | $0 | $12,834 | Yes (X) | |||||
| RAYMOND J DEANGELO | ||||||||||
| SENIOR ADVISOR- EXITED 1/2016 | 40.0 | $610,821 | $0 | $71,694 | Yes (X) | |||||
| PETER B MACKEY CFA | ||||||||||
| HEAD CFA EXAMINATIONS | 40.0 | $431,469 | $0 | $47,345 | Yes (X) | |||||
| ROBERT LAMY CFA | ||||||||||
| HEAD, CURRICULUM DEVELOPMENT | 40.0 | $359,742 | $0 | $41,719 | Yes (X) | |||||
| KATHY PILGRIM | ||||||||||
| DIRECTOR, EXAM DEVELOPMENT | 40.0 | $320,578 | $0 | $46,809 | Yes (X) | |||||
| JAN SQUIRES | ||||||||||
| MANAGING DIR. - EXITED 8/2015 | 40.0 | $1,133,642 | $0 | $22,237 | Yes (X) | |||||
| Dwight Churchill CFA | ||||||||||
| PRESIDENT & CEO- EXITED 1/2015 | 40.0 | $131,818 | $0 | $1,592 | Yes (X) | |||||
| ASHVIN P VIBHAKARCFA | ||||||||||
| SENIOR ADV-EXITED 8/31/2015 | 40.0 | $286,292 | $0 | $22,056 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,606,854 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,036,205 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 191 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LOWE PROFERO LLC | |||||
| PO BOX 7247-6592 | PHILADELPHIA | PA | 19170 | MARKETING | $5,960,673 |
| PROFESSIONAL EXAMINATION SERVICE | |||||
| 475 RIVERSIDE DRIVE | NEW YORK | NY | 10115 | EXAM ADMINISTRATION | $4,384,824 |
| PBD INC | |||||
| 1650 BLUEGRASS LAKES PKWY | ALPHARETTA | GA | 30004 | MARKETING | $3,590,952 |
| JOHN WILEY SONS INC | |||||
| PO BOX 416502 | BOSTON | MA | 02241 | PUBLISHING | $4,995,258 |
| PAYMENTECH LLC | |||||
| 4 NORTHEASTERN BLVD | SALEM | NH | 03079 | MERCHANT SERVICES | $3,240,722 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 221 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| CANDIDATE FEES | 900099 | $192,309,065 | $192,309,065 | |
| EDUCATIONAL PRODUCTS | 611710 | $51,097,990 | $51,097,990 | |
| MEMBERSHIP DUES | 900099 | $37,554,672 | $37,554,672 | |
| ADVERTISING | 900099 | $567,826 | $567,826 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $281,529,553 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,687,206 | TotalRevenueColumnAmt |
| Exclusion | $5,687,206 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $285,794 | TotalRevenueColumnAmt |
| Exclusion | $285,794 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $86,975,992 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $90,762,292 | SecuritiesAmt |
| Other | $17,278 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$3,786,300 | SecuritiesAmt |
| Other | -$17,278 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,803,578 | TotalRevenueColumnAmt |
| Exclusion | -$3,803,578 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SERVICE FEE REP. OFFICE | 900099 | $164,502 | $164,502 |
| MISCELLANEOUS | 900099 | $119,226 | $119,226 |
| MAILING LISTS | 900099 | $226,074 | $226,074 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $435,907 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $435,907 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $945,709 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $284,644,684 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $281,907,436 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $567,826 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,169,422 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,966,822 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,613,820 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,511,764 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,537,319 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,460,937 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,856,793 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,053,127 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,566,500 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,296,405 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,104 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,172 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,531,589 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,942,111 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,394,305 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,189,644 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,737 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,964,956 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,685,973 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,925,346 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,116,480 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,556,036 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| EXAM ADMINISTRATION EXPENSES | $29,339,987 |
| PRODUCT MERCHANDISE COSTS | $8,446,861 |
| CONTRACT LABOR AND RECRUITMENT | $1,918,453 |
| STAFF TRAINING | $1,231,187 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,769,942 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,775,370 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,074,112 | BOYAmt |
| EOY | $10,887,724 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,623,222 | BOYAmt |
| EOY | $45,047,042 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,863,351 | BOYAmt |
| EOY | $4,802,350 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,618,693 | BOYAmt |
| EOY | $1,267,316 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,476,574 | BOYAmt |
| EOY | $12,707,101 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $21,167,386 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,492,285 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,641,308 | BOYAmt |
| EOY | $4,675,101 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,779,824 | BOYAmt |
| EOY | $349,801,713 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,569,147 | BOYAmt |
| EOY | $12,149,553 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,042,140 | BOYAmt |
| EOY | $12,072,622 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,688,371 | BOYAmt |
| EOY | $453,410,522 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,136,387 | BOYAmt |
| EOY | $34,878,660 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,195,140 | BOYAmt |
| EOY | $171,705,895 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,812,210 | BOYAmt |
| EOY | $5,018,997 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,143,737 | BOYAmt |
| EOY | $211,603,552 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,544,634 | BOYAmt |
| EOY | $241,806,970 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,544,634 | BOYAmt |
| EOY | $241,806,970 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,688,371 | BOYAmt |
| EOY | $453,410,522 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,869,314 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $19,393,022 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
| Dues Assessments | $37,554,672 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $298,104 | NonDeductibleLbbyngPltclCYAmt |
| Non Ded Lbbyng Pltcl Cyov | $0 | NonDedLbbyngPltclCyovAmt |
| Non Deductible Lbbyng Pltcl Tot | $298,104 | NonDeductibleLbbyngPltclTotAmt |
| Carried Over | $0 | CarriedOverAmt |
| Taxable | $298,104 | TaxableAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,709,646 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,590,180 | DepreciationAmt |
| Book Value | $1,119,466 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,457,740 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,902,105 | DepreciationAmt |
| Book Value | $3,555,635 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $4,675,101 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| SOCIETY DUES PAYABLE | $1,803,329 |
| DEFERRED COMPENSATION | $1,649,224 |
| DUE TO AFFILIATE | $8,366 |
| UNCLAIMED PROPERTY | $290,058 |
| TRANSACTION TAX PAYABLE | $1,283,184 |
| FEDERAL INCOME TAXES | -$15,164 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,018,997 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $304,054,984 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $19,393,022 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $19,393,022 | RevenueNotReportedAmt |
| Revenue Subtotal | $284,661,962 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$17,278 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$17,278 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $284,644,684 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $270,792,648 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $17,278 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $17,278 | ExpensesNotReportedAmt |
| Expenses Subtotal | $270,775,370 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $270,775,370 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART X, LINE 2 | CFA INSTITUTE HAS PEREFORMED AN EVALUATION OF ITS UNRELATED BUSINESS INCOME AND HAS MAINTAINED ITS TAX EXEMPT STATUS. CFA INSTITUTE HAS DETERMINED THAT IT HAS ADEQUATELY PROVIDED FOR ALL OPEN TAX YEARS UNDER THE INCOME TAXES TOPIC OF THE FASB ASC AND HAS NO UNCERTAIN TAX POSITIONS. |
| SCHEDULE D, PART XI, LINE 4B | LOSS ON DISPOSAL OF ASSETS ($17,278) |
| SCHEDULE D, PART XII, LINE 2D | LOSS ON DISPOSAL OF ASSETS $17,278 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | OfficesOfficesCnt | EmployeeEmployeeCnt |
|---|---|---|---|---|---|
| Central America and the Caribbean | Program Services | MEMBER & ADMIN SUPPORT | $219,701 | ||
| Central America and the Caribbean | Grantmaking | N/A | $120,792 | ||
| East Asia and the Pacific | Program Services | MEMBER & ADMIN SUPPORT | $22,883,519 | 6 | 55 |
| East Asia and the Pacific | Grantmaking | N/A | $1,440,361 | ||
| Europe (Including Iceland and Greenland) | Program Services | MEMBER & ADMIN SUPPORT | $13,835,327 | 2 | 52 |
| Europe (Including Iceland and Greenland) | Grantmaking | N/A | $2,351,390 | ||
| Middle East and North Africa | Program Services | MEMBER & ADMIN SUPPORT | $1,233,216 | ||
| Middle East and North Africa | Grantmaking | N/A | $283,750 | ||
| North America | Program Services | MEMBER & ADMIN SUPPORT | $2,780,501 | ||
| North America | Grantmaking | N/A | $962,861 | ||
| Russia and the Newly Independent States | Program Services | MEMBER & ADMIN SUPPORT | $180,928 | ||
| Russia and the Newly Independent States | Grantmaking | N/A | $127,345 | ||
| South America | Program Services | MEMBER & ADMIN SUPPORT | $873,068 | ||
| South America | Grantmaking | N/A | $199,577 | ||
| South Asia | Program Services | MEMBER & ADMIN SUPPORT | $6,219,521 | 1 | 7 |
| South Asia | Grantmaking | N/A | $203,215 | ||
| Sub-Saharan Africa | Program Services | MEMBER & ADMIN SUPPORT | $416,125 | ||
| Sub-Saharan Africa | Grantmaking | N/A | $172,315 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 9 | SubtotalOfficesCnt |
| Subtotal Employees | 114 | SubtotalEmployeesCnt |
| Total Office | 9 | TotalOfficeCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Subtotal Spent | $54,331,197 | SubtotalSpentAmt |
| Continuation Spent | $172,315 | ContinuationSpentAmt |
| Total Spent | $54,503,512 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (83 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $19,395 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $46,622 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $28,505 | WIRE/CHECK | N/A | N/A |
| Central America and the Caribbean | GEN SUPPORT | $23,860 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $31,635 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $45,632 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $84,344 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $32,190 | WIRE/CHECK | N/A | N/A |
| South Asia | GEN SUPPORT | $88,576 | WIRE/CHECK | N/A | N/A |
| RUSSIA & THE NEWLY INDEPENDENT STATES | GEN SUPPORT | $101,815 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $51,388 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $35,950 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $31,110 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $26,766 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $39,515 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $55,155 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $38,346 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $24,440 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $21,065 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $28,566 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $28,792 | WIRE/CHECK | N/A | N/A |
| South Asia | GEN SUPPORT | $27,745 | WIRE/CHECK | N/A | N/A |
| South America | GEN SUPPORT | $32,976 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $31,599 | WIRE/CHECK | N/A | N/A |
| South America | GEN SUPPORT | $65,806 | WIRE/CHECK | N/A | N/A |
| Central America and the Caribbean | GEN SUPPORT | $24,236 | WIRE/CHECK | N/A | N/A |
| Central America and the Caribbean | GEN SUPPORT | $32,650 | WIRE/CHECK | N/A | N/A |
| South America | GEN SUPPORT | $79,401 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $28,375 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $66,345 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $152,429 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $49,319 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $35,738 | WIRE/CHECK | N/A | N/A |
| South America | GEN SUPPORT | $21,395 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $149,240 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $21,100 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $128,626 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $39,840 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $45,241 | WIRE/CHECK | N/A | N/A |
| Central America and the Caribbean | GEN SUPPORT | $25,360 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $25,265 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $414,171 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $266,762 | WIRE/CHECK | N/A | N/A |
| Sub-Saharan Africa | GEN SUPPORT | $85,630 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $44,345 | WIRE/CHECK | N/A | N/A |
| South Asia | GEN SUPPORT | $86,895 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $76,076 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $22,442 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $42,466 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $56,765 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $27,580 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $25,745 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $62,175 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $607,600 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $258,136 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $21,100 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $125,000 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $34,070 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $39,708 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $112,424 | WIRE/CHECK | N/A | N/A |
| Middle East and North Africa | GEN SUPPORT | $22,440 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $29,586 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $31,760 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $89,860 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $144,072 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $546,485 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $125,219 | WIRE/CHECK | N/A | N/A |
| Sub-Saharan Africa | GEN SUPPORT | $34,125 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $24,440 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $16,600 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $24,985 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $29,340 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $139,520 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $23,550 | WIRE/CHECK | N/A | N/A |
| Sub-Saharan Africa | GEN SUPPORT | $24,980 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $28,305 | WIRE/CHECK | N/A | N/A |
| Europe (Including Iceland and Greenland) | GEN SUPPORT | $193,364 | WIRE/CHECK | N/A | N/A |
| Central America and the Caribbean | GEN SUPPORT | $47,336 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $30,726 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $470,847 | WIRE/CHECK | N/A | N/A |
| Russia and the Newly Independent States | GEN SUPPORT | $25,530 | WIRE/CHECK | N/A | N/A |
| East Asia and the Pacific | GEN SUPPORT | $9,100 | WIRE/CHECK | N/A | N/A |
| North America | GEN SUPPORT | $122,025 | WIRE/CHECK | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 83 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | INDIVIDUAL GRANT PAYMENTS ARE MONITORED AND TRACKED BY CFA INSTITUTE STAFF. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT DETAILED BUSINESS PLANS, BUDGETS AND REPORTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (73 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|---|
| ATLANTA SOC OF FIN & INVEST PROFESSIONALS | |||||||||
| 4355 COBB PARKWAY | ATLANTA | GA | 30339 | 581105110 | $87,520 | N/A | N/A | GEN SUPPORT | |
| BALTIMORE CFA SOCIETY INC | |||||||||
| 575 S CHARLES ST | BALTIMORE | MD | 21201 | 520895933 | $48,169 | N/A | N/A | GEN SUPPORT | |
| BOSTON SECURITY ANALYSTS SOCIETY INC | |||||||||
| 260 FRANKLIN STREET | BOSTON | MA | 02110 | 237069432 | $208,946 | N/A | N/A | GEN SUPPORT | |
| CFA HAWAII | |||||||||
| PO BOX 580 | HONOLULU | HI | 96809 | 870753677 | $24,948 | N/A | N/A | GEN SUPPORT | |
| CFA MIAMI INC | |||||||||
| PO BOX 960901 | MIAMI | FL | 33296 | 611572381 | $32,315 | N/A | N/A | GEN SUPPORT | |
| CFA NORTH CAROLINA SOCIETY | |||||||||
| 3004 OXBOW CT | RALEIGH | NC | 27613 | 561824044 | $58,677 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETIES OF TEXAS | |||||||||
| PO BOX 1467 | AUSTIN | TX | 78767 | 454833185 | $16,125 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ALABAMA | |||||||||
| 100 OFFICE PARK DR | BIRMINGHAM | AL | 35223 | 631064381 | $28,616 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ARKANSAS | |||||||||
| 111 CENTER STREET 1ST FLOOR | LITTLE ROCK | AR | 72201 | 582055805 | $25,140 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF AUSTIN | |||||||||
| 3267 Bee Cave Road Ste 107-273 | AUSTIN | TX | 78746 | 721621543 | $36,260 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF BUFFALO INC | |||||||||
| PO BOX 529 | BUFFALO | NY | 14205 | 205170662 | $25,916 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF CHICAGO | |||||||||
| 134 N LASALLE ST | CHICAGO | IL | 60602 | 362595074 | $168,842 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF CINCINNATI INC | |||||||||
| 4010 EXEC PARK DR | CINCINATTI | OH | 45241 | 237094427 | $37,155 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF CLEVELAND | |||||||||
| 3637 MEDINA RD | MEDINA | OH | 44256 | 237065462 | $38,162 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF COLORADO | |||||||||
| 6057 LAKEVIEW ST | LITTLETON | CO | 80120 | 840585027 | $63,303 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF COLUMBUS | |||||||||
| PO BOX 25 | BLACKLICK | OH | 43004 | 311393658 | $37,005 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF DALLASFORT WORTH | |||||||||
| PO BOX 8205116 | DALLAS | TX | 75382 | 237078748 | $71,066 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF DETROIT | |||||||||
| 35464 JEFFERS CT | HARRISON TOWNSHIP | MI | 48045 | 386087152 | $41,555 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF EAST TENNESSEE | |||||||||
| 1301 COWART STREET SUITE 131 | CHATTANOOGA | TN | 37402 | 585301049 | $25,680 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF HOUSTON | |||||||||
| 10401 WESTOFFICE DRIVE | HOUSTON | TX | 77042 | 237004744 | $56,216 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF IDAHO | |||||||||
| 7661 W RIVERSIDE DR 105 | BOISE | ID | 83714 | 043704521 | $17,500 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF INDIANAPOLIS INC | |||||||||
| PO BOX 90232 | INDIANAPOLIS | IN | 46290 | 237119206 | $35,188 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF IOWA INC | |||||||||
| 711 HIGH STREET | DES MOINES | IA | 50392 | 421152989 | $35,250 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF JACKSONVILLE | |||||||||
| 1579 THE GREENS WAY | JACKSONVILLE BEACH | FL | 32250 | 591606008 | $42,944 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF LOS ANGELES | |||||||||
| 520 S GRAND AVE | LOS ANGELES | CA | 90071 | 956069970 | $99,722 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF LOUISIANA | |||||||||
| 228 ST CHARLES AVE | NEW ORLEANS | LA | 70130 | 720947195 | $27,740 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF LOUISVILLE | |||||||||
| 1802 CROSSGATE LANE | LOUISVILLE | KY | 40222 | 611333979 | $28,754 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MADISON | |||||||||
| 1241 JOHN Q HAMMONS DRIVE | MADISON | WI | 53717 | 391929703 | $32,090 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MEMPHIS | |||||||||
| 5118 PARK AVE SUITE 308 | MEMPHIS | TN | 38117 | 621636928 | $29,004 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MILWAUKEE INC | |||||||||
| 100 EAST WISCONSIN AVE | MILWAUKEE | WI | 53202 | 237072850 | $42,870 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MINNESOTA | |||||||||
| 1300 RAND TOWER | MINNEAPOLIS | MN | 55402 | 411861989 | $89,000 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MISSISSIPPI | |||||||||
| 1018 HIGHLAND COLONY PKWY | RIDGELAND | MS | 39157 | 640716591 | $24,496 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF NAPLES | |||||||||
| 11094 RIVER TRENT CT | LEHIGH ACRES | FL | 33971 | 593405436 | $26,214 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF NASHVILLE | |||||||||
| 7003 CHADWICK DR 350 | BRENTWOOD | TN | 37027 | 621181717 | $29,013 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF NEBRASKA INC | |||||||||
| PO BOX 80685 | LINCOLN | NE | 68501 | 470667513 | $30,070 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF NEVADA | |||||||||
| 2251 S FT APADIE RD | LAS VEGAS | NV | 89117 | 200195946 | $7,450 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF NEW MEXICO | |||||||||
| PO BOX 36947 | ALBUQUERQUE | NM | 87176 | 850454738 | $25,194 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF OKLAHOMA | |||||||||
| PO BOX 13006 | OKLAHOMA CITY | OK | 73113 | 203779358 | $27,464 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ORANGE COUNTY | |||||||||
| 4533 MACARTHUR BLVD | NEWPORT BCH | CA | 92660 | 330228558 | $40,220 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ORLANDO | |||||||||
| PO BOX 2783 | ORLANDO | FL | 32802 | 593213363 | $26,407 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF PHILADELPHIA THE | |||||||||
| 100 N 20TH ST | PHILADELPHIA | PA | 19103 | 236395738 | $103,084 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF PORTLAND | |||||||||
| PO BOX 434 | PORTLAND | OR | 97207 | 237358083 | $35,626 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ROCHESTER | |||||||||
| 2 BERRYWOOD CIRCLE | PENFIELD | NY | 14526 | 160977751 | $29,977 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SACRAMENTO | |||||||||
| 915 L STREET | SACRAMENTO | CA | 95814 | 943315268 | $30,374 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SALT LAKE | |||||||||
| 150 SOCIAL HALL | SALT LAKE CITY | UT | 84145 | 611526948 | $29,361 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SAN ANTONIO | |||||||||
| 12526 LA AVENTURA ST | SAN ANTONIO | TX | 78233 | 741660459 | $30,459 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SAN DIEGO | |||||||||
| PO BOX 928456 | SAN DIEGO | CA | 92192 | 237069278 | $39,517 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SEATTLE | |||||||||
| 18221-102ND AVE NE | BOTHELL | WA | 98011 | 911164972 | $81,285 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF SOUTH FLORIDA | |||||||||
| 8602 TOURMALINE BLVD | BOYNTON BEACH | FL | 33437 | 300325375 | $35,462 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF ST LOUIS | |||||||||
| 330 WENNEKER DRIVE | ST LOUIS | MO | 63124 | 436031785 | $47,651 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF WASHINGTON DC | |||||||||
| 1620 EYE STREET NW | WASHINGTON | DC | 20006 | 237360649 | $117,618 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PROVIDENCE | |||||||||
| PO BOX 41027 | PROVIDENCE | RI | 02940 | 237069442 | $27,089 | N/A | N/A | GEN SUPPORT | |
| CFA TAMPA BAY | |||||||||
| 12157 W LINEBAUGH AVE | TAMPA | FL | 33626 | 510669210 | $27,680 | N/A | N/A | GEN SUPPORT | |
| CFA VIRGINIA | |||||||||
| 6806 PARAGON PL | RICHMOND | VA | 23230 | 541429832 | $43,578 | N/A | N/A | GEN SUPPORT | |
| CFA WEST MICHIGAN SOCIETY | |||||||||
| 134 N LASALLE ST | KALAMAZOO | MI | 49009 | 380892650 | $35,669 | N/A | N/A | GEN SUPPORT | |
| DAYTON CFA SOCIETY | |||||||||
| 10 N LUDLOW STREET | DAYTON | OH | 45402 | 260659612 | $24,534 | N/A | N/A | GEN SUPPORT | |
| FRIENDS OF HIH INTERNATIONAL | |||||||||
| 98 POPE ROAD | ACTON | MA | 01720 | 463283834 | $10,000 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| KANSAS CITY CFA SOCIETY | |||||||||
| 330 WENNEKER DRIVE | ST LOUIS | MO | 63124 | 820560661 | $39,171 | N/A | N/A | GEN SUPPORT | |
| MAINE CFA SOCIETY | |||||||||
| PO BOX 258 | BAR HARBOR | ME | 04609 | 043547791 | $25,895 | N/A | N/A | GEN SUPPORT | |
| NEW YORK SOCIETY OF SECURITY ANALYSTS | |||||||||
| 1540 BROADWAY | NEW YORK | NY | 10036 | 135610350 | $337,876 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| PHOENIX CFA SOCIETY | |||||||||
| 16435 N SCOTTSDALE RD | SCOTTSDALE | AZ | 85254 | 860469879 | $35,045 | N/A | N/A | GEN SUPPORT | |
| POINT FOUNDATION | |||||||||
| 5055 WILSHIRE BLVD | LOS ANGELES | CA | 90036 | 841582086 | $10,000 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| SC SOCIETY OF CFAS | |||||||||
| DBA CFA SOCIETY OF SC | COLUMBIA | SC | 29204 | 571134283 | $25,947 | N/A | N/A | GEN SUPPORT | |
| STAMFORD CFA SOCIETY | |||||||||
| 6 OLIVER ST HARBOR VW | SOUTH NORWALK | CT | 06854 | 061513527 | $42,569 | N/A | N/A | GEN SUPPORT | |
| THE ASPEN INSTITUTE | |||||||||
| ONE DUPONT CIRCLE NW | WASHINGTON | DC | 20036 | 840399006 | $750,000 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| THE GREENWICH ROUNDTABLE INC | |||||||||
| 1 RIVER ROAD | COS COB | CT | 06807 | 651164239 | $15,000 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| THE HARTFORD SOCIETY OF FINANCIAL ANALYSTS INC | |||||||||
| PO BOX 182 | NORTH GRANBY | CT | 06060 | 060964607 | $47,967 | N/A | N/A | GEN SUPPORT | |
| THE PITTSBURGH SOC OF FIN ANALYSTS INC | |||||||||
| PO BOX 1212 | PITTSBURGH | PA | 15230 | 251421153 | $40,533 | N/A | N/A | GEN SUPPORT | |
| THE SECURITY ANALYSTS OF SAN FRANCISCO | |||||||||
| 300 MONTGOMERY ST | SF | CA | 94104 | 946078576 | $161,906 | N/A | N/A | GEN SUPPORT | |
| THE SPOKANE CH OF THE SEATTLE SOC OF FIN ANALYS | |||||||||
| 808 W SPOKANE FALLS BLVD | SPOKANE | WA | 99201 | 911592696 | $24,788 | N/A | N/A | GEN SUPPORT | |
| TUCSON SOCIETY OF CFA INSTITUTE THE | |||||||||
| 1820 E RIVER ROAD | TUCSON | AZ | 85718 | 462993396 | $24,219 | N/A | N/A | GEN SUPPORT | |
| VERMONT CFA SOCIETY | |||||||||
| 110 MAIN STREET | BURLINGTON | VT | 05401 | 043374500 | $25,249 | N/A | N/A | GEN SUPPORT | |
| CFA INSTITUTE RESEARCH FOUNDATION | |||||||||
| PO BOX 2083 | CHARLOTTESVILLE | VA | 22902 | 546063408 | $156,818 | N/A | N/A | GEN SUPPORT | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 67 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | INDIVIDUAL GRANT PAYMENTS ARE MONITORED AND TRACKED BY CFA INSTITUTE STAFF.GRANT RECIPIENTS ARE REQUIRED TO SUBMIT DETAILED BUSINESS PLANS, BUDGETS AND REPORTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOSEPH P LANGE | ||||||||||||||
| CORPORATE SECRETARY | $121,592 | $0 | $18,540 | $0 | $1,359 | $0 | $17,393 | $0 | $17,213 | $0 | $176,097 | $0 | $0 | $0 |
| TIMOTHY G MCLAUGHLIN CFA | ||||||||||||||
| CFO/SENIOR ADV-EXITED 8/2016 | $334,925 | $0 | $216,180 | $0 | $10,331 | $0 | $54,117 | $0 | $16,622 | $0 | $632,175 | $0 | $22,316 | $0 |
| ASHVIN P VIBHAKARCFA | ||||||||||||||
| SENIOR ADV-EXITED 8/31/2015 | $127,760 | $0 | $119,783 | $0 | $38,749 | $0 | $12,594 | $0 | $9,462 | $0 | $308,348 | $0 | $19,775 | $0 |
| ELAINE CHENG | ||||||||||||||
| MANAGING DIRECTOR | $275,200 | $0 | $168,000 | $0 | $4,913 | $0 | $50,466 | $0 | $20,777 | $0 | $519,356 | $0 | $16,666 | $0 |
| DONNA MARSHALL | ||||||||||||||
| MANAGING DIRECTOR | $308,408 | $0 | $248,507 | $0 | $6,493 | $0 | $52,534 | $0 | $16,332 | $0 | $632,274 | $0 | $19,000 | $0 |
| KURT N SCHACHT CFA | ||||||||||||||
| MANAGING DIRECTOR | $363,600 | $0 | $200,179 | $0 | $10,699 | $0 | $56,520 | $0 | $22,539 | $0 | $653,537 | $0 | $24,720 | $0 |
| NITIN MEHTA CFA | ||||||||||||||
| MANAGING DIRECTOR | $320,026 | $0 | $144,012 | $0 | $15,174 | $0 | $91,086 | $0 | $7,680 | $0 | $577,978 | $0 | $21,481 | $0 |
| RAYMOND J DEANGELO | ||||||||||||||
| SENIOR ADVISOR- EXITED 1/2016 | $367,333 | $0 | $221,389 | $0 | $22,099 | $0 | $56,520 | $0 | $15,174 | $0 | $682,515 | $0 | $24,720 | $0 |
| PETER B MACKEY CFA | ||||||||||||||
| HEAD CFA EXAMINATIONS | $332,063 | $0 | $91,252 | $0 | $8,154 | $0 | $31,800 | $0 | $15,545 | $0 | $478,814 | $0 | $0 | $0 |
| SANDRA PETERS CFA | ||||||||||||||
| INTERIM CFO - EFFECTIVE 3/2016 | $290,948 | $0 | $86,873 | $0 | $4,393 | $0 | $31,800 | $0 | $15,837 | $0 | $429,851 | $0 | $0 | $0 |
| STEPHEN M HORAN CFA | ||||||||||||||
| MANAGING DIRECTOR | $291,726 | $0 | $161,575 | $0 | $5,258 | $0 | $51,800 | $0 | $21,167 | $0 | $531,526 | $0 | $19,815 | $0 |
| JOHN BOWMAN CFA | ||||||||||||||
| MANAGING DIRECTOR | $270,376 | $0 | $139,710 | $0 | $45,120 | $0 | $50,134 | $0 | $20,809 | $0 | $526,149 | $0 | $18,093 | $0 |
| PAUL SMITH CFA | ||||||||||||||
| PRES & CEO & RESRCH FDN BD MEM | $590,051 | $0 | $451,921 | $0 | $7,075 | $0 | $131,090 | $0 | $24,003 | $0 | $1,204,140 | $0 | $25,563 | $0 |
| ROBERT LAMY CFA | ||||||||||||||
| HEAD, CURRICULUM DEVELOPMENT | $297,558 | $0 | $51,816 | $0 | $10,368 | $31,800 | $0 | $9,919 | $0 | $401,461 | $0 | $0 | $0 | |
| SHERI LYNN LITTLEFIELD-MORENO | ||||||||||||||
| GENERAL COUNSEL | $151,673 | $0 | $60,000 | $0 | $1,755 | $0 | $1,986 | $0 | $10,848 | $0 | $226,262 | $0 | $0 | $0 |
| KATHY PILGRIM | ||||||||||||||
| DIRECTOR, EXAM DEVELOPMENT | $241,163 | $0 | $75,068 | $0 | $4,347 | $0 | $31,800 | $0 | $15,009 | $0 | $367,387 | $0 | $0 | $0 |
| JAN SQUIRES | ||||||||||||||
| MANAGING DIR. - EXITED 8/2015 | $239,422 | $0 | $244,264 | $0 | $649,956 | $0 | $13,250 | $8,987 | $0 | $1,155,879 | $0 | $24,720 | $0 | |
| Dwight Churchill CFA | ||||||||||||||
| PRESIDENT & CEO- EXITED 1/2015 | $131,818 | $0 | $0 | $0 | $0 | $0 | $1,592 | $0 | $0 | $0 | $133,410 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | LEADERSHIP TEAM MEMBERS ARE ELIGIBLE TO BOOK A BUSINESS CLASS FARE (REGARDLESS OF FLIGHT TIME OR SEGMENT MILEAGE) ON FLIGHTS THAT OFFER BUSINESS CLASS SEATS. IF BUSINESS CLASS SEATS ARE UNAVAILABLE OR NOT OFFERED (BASED ON ROUTE, CARRIER OR AIRCRAFT), THE TRAVELER IS ELIGIBLE TO BOOK A FIRST CLASS FARE FOR ROUTES IN EXCESS OF 1,500 MILES, OTHERWISE, THE TRAVELER IS ENCOURAGED TO BOOK THE MOST ECONOMICAL FARE OPTION FOR THE REQUIRED ITINERARY. TRAVEL FOR COMPANIONS: AN EMPLOYEE CAN EXCHANGE BUSINESS CLASS AIRFARE FOR TWO COACH AIRFARES TO INCLUDE COMPANION TRAVEL. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: CERTAIN REIMBURSEMENTS, INCLUDING HOUSING AND UTILITIES FOR EXPATRIATES ARE GROSSED-UP. ALL EXPATRIATES AND INTERNATIONAL ROTATION ASSIGNMENT PROGRAM EMPLOYEES' SALARIES ARE EQUALIZED TO THEIR RESIDENTIAL TAX CODE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: CFA INSTITUTE PAYS THE COST OF A PERSONAL RESIDENCE IN THE COUNTRY TO WHICH EACH EXPATRIATE IS ASSIGNED. ON OCCASION, CFA INSTITUTE PAYS FOR RELOCATION HOUSING AND INCLUDES THIS IN THE EMPLOYEE'S COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE U.S. WELLNESS PROGRAM CHANGED IN CY2016 FROM A REIMBURSABLE PLAN TO A CREDIT-WELLNESS PROGRAM. HOWEVER, U.S. EMPLOYEES WHO ARE NOT COVERED BY A CFA INSTITUTE HEALTH PLAN, AND NON-U.S. EMPLOYEES ARE STILL ELIGIBLE FOR REIMBURSEMENTS ASSUMING THEY QUALIFY. |
| SCHEDULE J, PART II, COLUMN B(III) | OTHER REPORTABLE COMPENSATION REFLECTED IN B(III) INCLUDES EXPATRIATE COMPENSATION. |
| SCHEDULE J, PART I LINE 4A | SEVERANCE PAYMENTS WERE MADE AS FOLLOWS: JAN R. SQUIRES $603,368 |
| Form 990, Part VII, Column D | GEORGE SPENTZOS RECEIVED $5,900 FOR GRADER COMPENSATION AND NOT FOR SERVICE AS A BOARD MEMBER. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1, ORGANIZATION'S MISSION (CONTINUED) | THIS MEMBERSHIP INCLUDES 140,080 CFA CHARTERHOLDERS. CFA INSTITUTE EXTENDS ITS REACH INTO LOCAL COMMUNITIES THROUGH A NETWORK OF 147 MEMBER SOCIETIES IN 73 COUNTRIES. CFA INSTITUTE IS HEADQUARTERED IN CHARLOTTESVILLE, VIRGINIA, UNITED STATES, WITH OFFICES IN LONDON, BRUSSELS, BEIJING, MUMBAI, SINGAPORE, SHANGHAI, HONG KONG, AND NEW YORK. YOU CAN FIND MORE INFORMATION ON THE ORGANIZATION AT WWW.CFAINSTITUTE.ORG. PART III, LINE 4D, OTHER PROGRAM SERVICES CFA INSTITUTE ALSO PROVIDES A VARIETY OF PROGRAMS AND SERVICES TO ITS MEMBERS AND TO THE GLOBAL INVESTMENT COMMUNITY AT LARGE. SUCH PROGRAMS INCLUDE THE CERTIFICATE IN INVESTMENT PERFORMANCE MEASURMENT (CIPM) PROGRAM, A DESIGNATION PROGRAM FOR PROFESSIONALS THAT PRODUCE, INTERPRET, PRESENT AND EXPLAIN INVESTMENT PERFORMANCE AND PRODUCTS, (INCLUDING SELECTIONS AND EVALUATING INVESTMENT MANAGERS), AND THE CFA INSTITUTE INVESTMENT FOUNDATIONS PROGRAM. |
| PART VI, LINES 6, 7A & 7B | THE CLASSES OF MEMBERSHIP IN CFA INSTITUTE ARE REGULAR MEMBERS, AFFILIATE MEMBERS, CHARTERHOLDER MEMBERS, AND MEMBER SOCIETIES. REGULAR MEMBERS ARE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED AT MEMBER MEETINGS. REGULAR MEMBERS ALSO HAVE THE RIGHT TO ELECT THE BOARD OF GOVERNORS. THE BOARD MAY HAVE UP TO TWO GOVERNORS WHO ARE NOT REGULAR MEMBERS. ALL OTHER GOVERNORS SHALL BE REGULAR MEMBERS. |
| PART VI, LINE 11B | FORM 990 IS PRESENTED TO THE AUDIT AND RISK COMMITTEE AND DISCUSSED IN DETAIL. IN ADDITION, COPIES ARE PROVIDED TO EACH OF THE BOARD OF GOVERNORS. THESE PRESENTATIONS TAKE PLACE PRIOR TO FILING. |
| PART VI, LINE 12C | THE CONFLICT OF INTEREST STATEMENTS ARE COLLECTED ANNUALLY. EMPLOYEE AND BOARD OF GOVERNORS' DISCLOSURES ARE DIRECTED TO THE CHIEF COMPLIANCE RISK AND ETHICS OFFICER. CONTACT INFORMATION FOR THE AUDIT AND RISK COMMITEE CHAIR IS ALSO AVAILABLE IN THE CONFLICTS OF INTEREST POLICY FOR ANYONE WISHING TO ESCALATE CONCERNS DIRECTLY. ANNUAL TRAINING FOR ALL EMPLOYEES IS PROVIDED BY THE COMPLIANCE AND ETHICS GROUP. ALL EMPLOYEES ACKNOWLEDGE THEIR UNDERSTANDING AND ADHERENCE TO THE CODE OF CONDUCT ANNUALLY. THE RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT VARY BASED ON THE CONFLICT, THE POSITION OF THE PERSON, AND THE SITUATION; HOWEVER, IT COULD INCLUDE PROHIBITING A BOARD MEMBER FROM PARTICIPATING IN A PARTICULAR DELIBERATION AND/OR DECISION. |
| PART VI, LINES 15A & 15B | TO ENSURE ONGOING AND EFFECTIVE CORPORATE GOVERNANCE, THE BOARD OF GOVERNORS UTILIZED A COMPENSATION AND GOVERNANCE COMMITTEE (CGC). IT COMPRISED OF FIVE GOVERNORS WHO ARE INDEPENDENT OF THE MANAGEMENT OF CFA INSTITUTE, AND ARE FREE OF ANY RELATIONSHIP THAT WOULD INTERFERE WITH THEIR EXERCISE OF INDEPENDENT JUDGMENT. THE CGC SETS THE COMPENSATION OF THE CEO, INCLUDING ANY INCENTIVE, AND ENGAGES INDEPENDENT CONSULTANTS AS NEEDED TO PROVIDE COMPENSATION RECOMMENDATIONS. THE CGC ENSURES THAT INDEPENDENT COMPARATIVE COMPENSATION STUDIES ARE CONDUCTED EVERY THREE YEARS TO GAUGE THE COMPETITIVENESS OF EXECUTIVE COMPENSATION AT CFA INSTITUTE. THE MOST RECENT EXECUTIVE MARKET STUDY WAS CONDUCTED IN FY2014, WHEN CFA INSTITUTE RETAINED A GLOBAL MANAGEMENT CONSULTING FIRM TO PROVIDE COMPETITIVE PAY BENCHMARKS THAT REFLECT THE MARKETS FROM WHICH CFA INSTITUTE WOULD MOST LIKELY RECRUIT ITS EXECUTIVE TALENT. PEER GROUP SELECTION SPANNED DIFFERENT INDUSTRY SECTORS INCLUDING NOT-FOR-PROFIT FIRMS, FINANCIAL SERVICES FIRMS, ACADEMIA AND HIGHER EDUCATION, AND GENERAL INDUSTRY. THE NOT-FOR-PROFIT PEER GROUP SELECTION WAS BASED ON CRITERIA THAT INCLUDED MISSION, REVENUE, HEADCOUNT AND GLOBAL PRESENCE. PAY DATA WAS COLLECTED FROM PUBLICALLY DISCLOSED IRS FORM 990S. DATA FOR THE OTHER INDUSTRY SECTORS WAS SOURCED USING BOTH THIRD-PARTY SURVEY DATA AND INFORMATION DISCLOSED ON PUBLIC FILINGS. THE CONSULTING FIRM PERFORMED THIS STUDY ON AN INDEPENDENT FEE BASIS. SEPARATELY, THE CGC OF THE BOARD OF CFA INSTITUTE ALSO ENGAGES INDEPENDENT ADVISORS TO HELP INTERPRET HOW THE REPORTED MARKET DATA APPLIES TO CFA INSTITUTE'S EXECUTIVE POSITIONS. |
| PART VI, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE, WWW.CFAINSTITUTE.ORG. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Legal Domicile StateLegalDomicileStateCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFA INSTITUTE CHINA LIMITED | ||||||||||||||
| 1401 HUTCHISON HOUSE | 10 HARCOURT RD | HK | 980615079 | PROF. ORG | HK | -$331,724 | $1,242,213 | CFA INSTITUT | ||||||
| CFA INSTITUTE INDIA PRIVATE LTD | ||||||||||||||
| 103 NAMAN CENTER | MUMBAI | IN | 981196398 | PROF. ORG | IN | $580,847 | $1,481,885 | CFA INSTITUT | ||||||
| CFA GLOBAL HOLDINGS LLC | ||||||||||||||
| 471269465 | HOLDINGS | -$1,000 | $0 | CFA INSTITUT | PO BOX 2083 | CHARLOTTESVILLE | VA | 22902 | VA | |||||
| SI WEI BEIJING ENTERPRISE MGMT | ||||||||||||||
| ORIENTAL PLAZA | BEIJING, CHINA | CH | 981228213 | PROF. ORG | CH | -$3,072 | $1,939,211 | CFA CHINA | 100738 | |||||
| CFA INSTITUTE SINGAPORE PVT LTD | ||||||||||||||
| 19 FLORENCE ROAD | SINGAPORE | SN | 981261400 | PROG. ORG | SN | $45,544 | $271,076 | CFA INSTITUT | 549480 | |||||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE RESEARCH FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2083 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546063408 | EIN |
| Primary Activities | INV. RESEARCH | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | UBI Code VUBICodeVAmt | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CVILLE OPER HUB LLC | ||||||||||||||
| PO BOX 2083 | CHARLOTT | VA | 22902 | 900857224 | R/E LEASING | VA | COH INC | EXCLUDED | $345,448 | $38,014,444 | false | $0 | Yes (true) | 0.88000 |
| CVILLE MASTER TENANT LLC | ||||||||||||||
| PO BOX 2083 | CHARLOTT | VA | 22902 | 800825436 | R/E LEASING | VA | COH INC | EXCLUDED | $65 | $4,622 | false | $0 | Yes (true) | 0.00010 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CVILLE OPERATIONS HOLDINGS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2083 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455449709 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP. | EntityTypeTxt |
| Share Of Total Income | -$466,311 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $8,077,223 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| N,O | $597,000 | HISTORICAL COST |
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| B,P | $156,818 | HISTORICAL COST |
| CFA INSTITUTE MASTER TENANT LLC | ||
| K | $3,059,745 | HISTORICAL COST |
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