NATIONAL INVESTOR RELATIONS INSTITUTE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NATIONAL INVESTOR RELATIONS INSTITUTE (EIN 54-1758790)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-11
IRS object ID
201503159349300540
Schema version
2014v5.0
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

FieldValueIRS element (for citing)
Return2015-11-11T09:04:26-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13 BETHESDA METRO CENTER SUITE 600AddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN541758790EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL INVESTOR RELATIONS INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone7035627700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 REINEKERS LANE NO 560AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY MORGANPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone7035627700PhoneNum
Signature2015-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMITCHELL S BERMANPreparerPersonNm
PTINP00157047PTIN
Phone3019513636PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES CUDAHYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 REINEKERS LN 560AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,675,332GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NIRI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO PROMOTE THE COMMON INTEREST OF PERSONS ENGAGED IN THE PROFESSION OF INVESTOR RELATIONS BY DISTRIBUTING AND STIMULATING THE EXCHANGE OF INFORMATION.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$17,800TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$58,478NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,139,074PYProgramServiceRevenueAmt
CY Program Service Revenue$5,215,637CYProgramServiceRevenueAmt
PY Investment Income$159,880PYInvestmentIncomeAmt
CY Investment Income$281,330CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,298,954PYTotalRevenueAmt
CY Total Revenue$5,496,967CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,071,446PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,990,535CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,177,125PYOtherExpensesAmt
CY Other Expenses$3,199,153CYOtherExpensesAmt
PY Total Expenses$5,248,571PYTotalExpensesAmt
CY Total Expenses$5,189,688CYTotalExpensesAmt
PY Revenues Less Expenses$50,383PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$307,279CYRevenuesLessExpensesAmt
Total Assets BOY$7,557,090TotalAssetsBOYAmt
Total Assets EOY$7,877,711TotalAssetsEOYAmt
Total Liabilities BOY$806,139TotalLiabilitiesBOYAmt
Total Liabilities EOY$753,548TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,750,951NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,124,163NetAssetsOrFundBalancesEOYAmt
MissionTO PROMOTE THE COMMON INTEREST OF PERSONS ENGAGED IN THE PROFESSION OF INVESTOR RELATIONS BY DISTRIBUTING AND STIMULATING THE EXCHANGE OF INFORMATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE INSTITUTE PROMOTES INVESTOR RELATIONS THROUGH PUBLICATIONS AND BY CONDUCTING SEMINARS ON VARIOUS ASPECTS OF INVESTOR RELATIONS,INCLUDING WRITING AND PRESENTATION SKILL SEMINARS, AND HOLDING AN ANNUAL INVESTOR RELATIONS CONFERENCE.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document34IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAROLYN WHEATLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7035627700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 REINEKERS LANE SUITE 560AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID CALUSDIAN
DIRECTOR2.00Yes (X)$0$0$0
ROBERT BURTON
DIRECTOR2.00Yes (X)$0$0$0
CHARLES TRIANO
DIRECTOR2.00Yes (X)$0$0$0
MARK DONOHUE
TREASURER2.00Yes (X)$0$0$0
VALERIE HAERTEL
DIRECTOR2.00Yes (X)$0$0$0
JANE OKUN BOMBA
DIRECTOR2.00Yes (X)$0$0$0
JEFFREY MORGAN
PRESIDENT AND CEO40.00Yes (X)$303,191$0$52,704Yes (X)
JOHN CHEVALIER
DIRECTOR2.00Yes (X)$0$0$0
ANGELINE MCCABE
DIRECTOR2.00Yes (X)$0$0$0
NILS PAELLMANN
DIRECTOR2.00Yes (X)$0$0$0
DEBORAH PAWLOWSKI
DIRECTOR2.00Yes (X)$0$0$0
RUTH COTTER
DIRECTOR2.00Yes (X)$0$0$0
FELISE KISSELL
DIRECTOR2.00Yes (X)$0$0$0
ANNE GUIMARD
DIRECTOR2.00Yes (X)$0$0$0
MORIAH SHILTON
DIRECTOR2.00Yes (X)$0$0$0
DENNIE KIMBROUGH
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL MCGOUGH
SECRETARY/VP MKTG & MEMB40.00$142,251$0$26,614Yes (X)
KRAIG CONRAD
VP PROFESSIONAL DEVELOPMEN40.00$156,507$0$27,338Yes (X)
MATTHEW BRUSCH
VP COMMUNICATION40.00$157,296$0$18,881Yes (X)
ANITA JOSHI
DIR TECHNOLOGY & DATABASE MNGMT40.00$100,036$0$37,689Yes (X)
CAROLYN WHEATLEY
VP FINANCE & ADMIN40.00$102,019$0$22,952Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$961,300TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$186,178TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SPENCER STUART
PO BOX 98991CHICAGOIL60693CEO SEARCH$110,000
MODERN LITHO
PO BOX 2170JEFFERSON CITYMO65102PRINTING, POSTAGE$104,181
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ANNUAL CONFERENCE900099$1,748,495$1,748,495
MEMBERSHIP DUES900099$1,745,347$1,745,347
MEMBER DUES-CHAPTERS900099$829,662$829,662
FINANCE ESSENTIALS900099$251,314$251,314
INTRODUCTION SEMINARS900099$229,642$229,642

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$411,177TotalRevenueColumnAmt
Related Or Exempt Func Income$393,377RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$17,800UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,215,637TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$138,985TotalRevenueColumnAmt
Exclusion$138,985ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$320,710SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$178,365SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$142,345SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$142,345TotalRevenueColumnAmt
Exclusion$142,345ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,496,967TotalRevenueColumnAmt
Related Or Exempt Func Income$5,197,837RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$17,800UnrelatedBusinessRevenueAmt
Exclusion$281,330ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,147,479TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$543,411TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$51,196TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$149,818TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$98,631TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$13,011TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,766TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$157,321TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$189,787TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$97,268TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$256,878TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$21,234TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,225,122TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,831TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,077TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
CHAPTER EXPENSES$647,398
PUBLICATIONS/MEMBER SER$479,086
TRAINING$13,374

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,189,688TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$749,181BOYAmt
EOY$549,905EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$112,851BOYAmt
EOY$414,765EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$65,074BOYAmt
EOY$44,803EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,155BOYAmt
EOY$1,155EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$79,090BOYAmt
EOY$65,430EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$816,978LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$671,912LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$101,944BOYAmt
EOY$145,066EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,335,186BOYAmt
EOY$5,361,715EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,112,609BOYAmt
EOY$1,294,872EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,557,090BOYAmt
EOY$7,877,711EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$507,094BOYAmt
EOY$454,663EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$267,842BOYAmt
EOY$265,442EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,203BOYAmt
EOY$33,443EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$806,139BOYAmt
EOY$753,548EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,750,951BOYAmt
EOY$7,124,163EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,750,951BOYAmt
EOY$7,124,163EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,557,090BOYAmt
EOY$7,877,711EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$307,279ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$65,933NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$585,564OtherCostOrOtherBasisAmt
Depreciation$404,441DepreciationAmt
Book Value$181,123BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$231,414OtherCostOrOtherBasisAmt
Depreciation$267,471DepreciationAmt
Book Value-$36,057BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$145,066TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
EQUITY MUTUAL FUNDS$1,915,256F
FIXED INCOME MUTUAL FUNDS$3,446,459F
FieldValueIRS element (for citing)
Total Book Value Securities$5,361,715TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$66,265
CHAPTER ASSETS$1,228,607
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,294,872TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATED CHAPTERSDesc
Amt$33,443Amt
FieldValueIRS element (for citing)
Total Liability$33,443TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,733,238TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$65,933NetUnrealizedGainsInvstAmt
Revenue Not Reported$65,933RevenueNotReportedAmt
Revenue Subtotal$4,667,305RevenueSubtotalAmt
Other Revenues Not Included$829,662OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$829,662RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,496,967TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,542,290TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,542,290ExpensesSubtotalAmt
Other Expenses Not Included$647,398OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$647,398ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,189,688TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE INSTITUTE HAS ADOPTED ASC TOPIC 740-10 WHICH PRESCRIBES MEASUREMENT AND DISCLOSURE REQUIREMENTS FOR CURRENT AND DEFERRED INCOME TAX PROVISIONS. THE TOPIC PROVIDES FOR A CONSISTENT APPROACH IN IDENTIFYING AND REPORTING UNCERTAIN TAX PROVISIONS. THE INSTITUTE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE INSTITUTE'S RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
PART XI, LINE 4B - OTHER ADJUSTMENTS:CHAPTER REVENUES 829,662.
PART XII, LINE 4B - OTHER ADJUSTMENTS:CHAPTER EXPENSES 647,398.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEFFREY MORGAN
PRESIDENT AND CEO$229,704$0$72,199$0$1,288$0$22,728$0$29,976$0$355,895$0$0$0
MICHAEL MCGOUGH
SECRETARY/VP MKTG & MEMB$129,142$0$12,000$0$1,109$0$13,224$0$13,390$0$168,865$0$0$0
KRAIG CONRAD
VP PROFESSIONAL DEVELOPMEN$141,084$0$15,000$0$423$0$14,215$0$13,123$0$183,845$0$0$0
MATTHEW BRUSCH
VP COMMUNICATION$144,620$0$12,000$0$676$0$14,712$0$4,169$0$176,177$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6NIRI IS A 501(C)6 ORGANIZATION, WITH APPROXIMATELY 3,300 MEMBERS. THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT PROVIDE OVERSIGHT AND GOVERNANCE TO THE ORGANIZATION. THE MEMBERSHIP OF THE ORGANIZATION VOTES ANNUALLY ON A SLATE OF 4 BOARD MEMBER NOMINEES TO SERVE UP TO A 4-YEAR TERM. THESE 4 MEMBERS CONSTITUTE 25% OF THE BOARD MEMBERSHIP. THE SLATE OF NOMINEES IS PRESENTED TO THE MEMBERSHIP BY PROXY BY THE NOMINATING COMMITTEE FOR APPROVAL. NO MEMBERS ARE ENTITLED TO A DISTRIBUTION OR A PORTION OF NIRI'S ASSETS IN THE EVENT OF ITS DISSOLUTION.
FORM 990, PART VI, SECTION A, LINE 7ASEE RESPONSE FOR PART VI, SECTION A, LINE 6.
FORM 990, PART VI, SECTION B, LINE 11THE 990 IS PREPARED BY THE INDEPENDENT AUDITING FIRM THAT CONDUCTS THE AUDIT OF NIRI'S FINANCIAL STATEMENTS. MANAGEMENT THEN REVIEWS THE 990 AND DETERMINES THAT THE INFORMATION IS CONSISTENT WITH THE AUDITED FINANCIAL STATEMENTS. THE BOARD'S AUDIT & FINANCE COMMITTEE THEN CONDUCTS A FINAL REVIEW. A COMPLETE COPY OF THE 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CNIRI HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST BY BOARD MEMBERS AND EMPLOYEES. NIRI PREPARED A CONFLICT OF INTEREST DOCUMENT THAT IDENTIFIES POTENTIAL CONFLICTS OF INTEREST, SCOPE OF THE POLICY, AND HOW SUCH CONFLICTS ARE REPORTED. THE STATEMENT IDENTIFIES THE INDIVIDUAL THAT POTENTIAL CONFLICT OF INTERESTS SHOULD BE REPORTED TO, INCLUDING A SUPERVISOR, NIRI EXECUTIVES, OR NIRI AUDIT COMMITTEE CHAIR, AS APPROPRIATE. THIS POLICY WAS DISTRIBUTED TO ALL EMPLOYEES AS PART OF THE EMPLOYEE HANDBOOK; BOARD MEMBERS RECEIVE A COPY OF THE POLICY AS PART OF THE BOARD ORIENTATION PROCESS. DIRECTORS ARE INSTRUCTED TO INFORM NIRI PROMPTLY OF ANY POTENTIAL CONFLICTS OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IN ADDITION, BOARD MEMBERS WERE SENT QUERIES CONCERNING POSSIBLE BUSINESS OR FAMILY RELATIONSHIPS WITH ONE ANOTHER TO DOCUMENT IF THERE WERE SUCH RELATIONSHIPS--NONE WERE NOTED.
FORM 990, PART VI, SECTION B, LINE 15NIRI HAS A COMPENSATION COMMITTEE OF THE BOARD THAT EVALUATES STAFF COMPENSATION AND BENEFITS COMPETITIVENESS USING AN OUTSIDE CONSULTANT FOR COMPARABLE INFORMATION. A STAFFING ASSESSMENT WAS CONDUCTED IN 2014 WHICH BENCHMARKED NIRI AGAINST OTHER ASSOCIATIONS AND THE DISTRICT OF COLUMBIA MARKETPLACE, INCLUDING THE CEO'S COMPENSATION. THIS PROCESS IS PLANNED TO OCCUR EVERY OTHER YEAR. NIRI'S COMPENSATION COMMITTEE CONSISTS OF A CHAIRPERSON AND AT LEAST THREE ADDITIONAL ELECTED MEMBERS OF THE BOARD OF DIRECTORS, WHO SHALL INCLUDE THE CURRENT CHAIRPERSONS OF THE INSTITUTE'S OTHER STANDING AND SPECIAL COMMITTEES. THE COMMITTEE OVERSEES THE COMPENSATION AND BENEFITS FOR THE INSTITUTE'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, AND SENIOR STAFF, AND RECOMMENDS ANY CHANGES TO COMPENSATION AND BENEFITS PHILOSOPHY AND/OR POLICY TO THE BOARD OF DIRECTORS. ANNUALLY EVERY STAFF PERSON IS ASSIGNED GOALS AND AN EVALUATION IS COMPLETED. ONGOING SALARY IS DETERMINED BY THE CEO BASED UPON AN EMPLOYEE EVALUATION AND COMPARABLES FOR THEIR POSITION. THESE SALARIES ARE REVIEWED BY THE BOARD COMPENSATION COMMITTEE. IN ADDITION, SUCH PERSONS MAY, AS PART OF THEIR ANNUAL PERFORMANCE REVIEW, AND IN CONJUNCTION WITH AN EVALUATION OF THE SUCCESS OF THE ORGANIZATION, RECEIVE AN ANNUAL BONUS SUBJECT TO MANAGEMENT AND BOARD APPROVAL.
FORM 990, PART VI, SECTION C, LINE 19ABBREVIATED YEAR-END FINANCIAL STATEMENTS ARE AVAILABLE ON NIRI'S WEBSITE. NIRI'S BY-LAWS, WHICH INCLUDES INFORMATION ABOUT NIRI'S MISSION, MEMBERSHIP, PURPOSE OF THE BOARD OF DIRECTORS, INFORMATION ABOUT CHAPTERS, NIRI'S CONFLICT OF INTEREST POLICY, AND OTHER RELEVANT PROCESSES, ARE ALSO ON NIRI'S WEBSITE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1NIRI EDUCATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 REINEKERS LANE SUITE 560AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
EIN521321871EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 11A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NIRIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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