2015-11-11T09:04:26-06:00 2014-12-31 560574444 CHERRY BEKAERT LLP 3 BETHESDA METRO CENTER SUITE 600 BETHESDA MD 20814 990 2014-01-01 541758790 NATIONAL INVESTOR RELATIONS INSTITUTE NATI 7035627700 225 REINEKERS LANE NO 560 ALEXANDRIA VA 22314 JEFFREY MORGAN PRESIDENT & CEO 7035627700 2015-11-10 1 MITCHELL S BERMAN P00157047 3019513636 2014 2016-02-25 16:41:14Z JAMES CUDAHY 225 REINEKERS LN 560 ALEXANDRIA VA 22314 5675332 0 X WWW.NIRI.ORG X 1970 VA TO PROMOTE THE COMMON INTEREST OF PERSONS ENGAGED IN THE PROFESSION OF INVESTOR RELATIONS BY DISTRIBUTING AND STIMULATING THE EXCHANGE OF INFORMATION. 15 15 15 0 17800 -58478 0 0 5139074 5215637 159880 281330 0 0 5298954 5496967 0 0 0 0 2071446 1990535 0 0 0 3177125 3199153 5248571 5189688 50383 307279 7557090 7877711 806139 753548 6750951 7124163 TO PROMOTE THE COMMON INTEREST OF PERSONS ENGAGED IN THE PROFESSION OF INVESTOR RELATIONS BY DISTRIBUTING AND STIMULATING THE EXCHANGE OF INFORMATION. 0 0 THE 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. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 34 0 1 15 1 1 1 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CAROLYN WHEATLEY 7035627700 225 REINEKERS LANE SUITE 560 ALEXANDRIA VA 22314 DAVID CALUSDIAN DIRECTOR 2.00 X 0 0 0 ROBERT BURTON DIRECTOR 2.00 X 0 0 0 CHARLES TRIANO DIRECTOR 2.00 X 0 0 0 MARK DONOHUE TREASURER 2.00 X 0 0 0 VALERIE HAERTEL DIRECTOR 2.00 X 0 0 0 JANE OKUN BOMBA DIRECTOR 2.00 X 0 0 0 JEFFREY MORGAN PRESIDENT AND CEO 40.00 X X 303191 0 52704 JOHN CHEVALIER DIRECTOR 2.00 X 0 0 0 ANGELINE MCCABE DIRECTOR 2.00 X 0 0 0 NILS PAELLMANN DIRECTOR 2.00 X 0 0 0 DEBORAH PAWLOWSKI DIRECTOR 2.00 X 0 0 0 RUTH COTTER DIRECTOR 2.00 X 0 0 0 FELISE KISSELL DIRECTOR 2.00 X 0 0 0 ANNE GUIMARD DIRECTOR 2.00 X 0 0 0 MORIAH SHILTON DIRECTOR 2.00 X 0 0 0 DENNIE KIMBROUGH DIRECTOR 2.00 X 0 0 0 MICHAEL MCGOUGH SECRETARY/VP MKTG & MEMB 40.00 X 142251 0 26614 KRAIG CONRAD VP PROFESSIONAL DEVELOPMEN 40.00 X 156507 0 27338 MATTHEW BRUSCH VP COMMUNICATION 40.00 X 157296 0 18881 ANITA JOSHI DIR TECHNOLOGY & DATABASE MNGMT 40.00 X 100036 0 37689 CAROLYN WHEATLEY VP FINANCE & ADMIN 40.00 X 102019 0 22952 961300 0 186178 6 0 1 0 SPENCER STUART PO BOX 98991 CHICAGO IL 60693 CEO SEARCH 110000 MODERN LITHO PO BOX 2170 JEFFERSON CITY MO 65102 PRINTING, POSTAGE 104181 2 ANNUAL CONFERENCE 900099 1748495 1748495 MEMBERSHIP DUES 900099 1745347 1745347 MEMBER DUES-CHAPTERS 900099 829662 829662 FINANCE ESSENTIALS 900099 251314 251314 INTRODUCTION SEMINARS 900099 229642 229642 411177 393377 17800 5215637 138985 138985 320710 178365 142345 142345 142345 5496967 5197837 17800 281330 1147479 543411 51196 149818 98631 13011 31766 157321 189787 97268 256878 21234 1225122 24831 42077 CHAPTER EXPENSES 647398 PUBLICATIONS/MEMBER SER 479086 TRAINING 13374 5189688 749181 549905 112851 414765 65074 44803 1155 1155 79090 65430 816978 671912 101944 145066 5335186 5361715 1112609 1294872 7557090 7877711 507094 454663 267842 265442 31203 33443 806139 753548 X 6750951 7124163 6750951 7124163 7557090 7877711 307279 65933 0 X 0 1 X 1 0 0 1 0 585564 404441 181123 231414 267471 -36057 145066 EQUITY MUTUAL FUNDS 1915256 F FIXED INCOME MUTUAL FUNDS 3446459 F 5361715 DEPOSITS 66265 CHAPTER ASSETS 1228607 1294872 DUE TO AFFILIATED CHAPTERS 33443 33443 X 4733238 65933 65933 4667305 829662 829662 5496967 4542290 0 4542290 647398 647398 5189688 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. X X X X 0 0 0 JEFFREY MORGAN PRESIDENT AND CEO 229704 0 72199 0 1288 0 22728 0 29976 0 355895 0 0 0 MICHAEL MCGOUGH SECRETARY/VP MKTG & MEMB 129142 0 12000 0 1109 0 13224 0 13390 0 168865 0 0 0 KRAIG CONRAD VP PROFESSIONAL DEVELOPMEN 141084 0 15000 0 423 0 14215 0 13123 0 183845 0 0 0 MATTHEW BRUSCH VP COMMUNICATION 144620 0 12000 0 676 0 14712 0 4169 0 176177 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NIRI 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 7A SEE RESPONSE FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11 THE 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 12C NIRI 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 15 NIRI 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 19 ABBREVIATED 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. NIRI EDUCATION FOUNDATION 225 REINEKERS LANE SUITE 560 ALEXANDRIA VA 22314 521321871 EDUCATION VA 501(C)(3) LINE 11A, I NIRI 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0