Cause IQ organization profile

Financial Industry Regulatory Authority (FINRA)

Form 990s | Financials | Vendors | Personnel | Peers

FINRA is a social advocacy organization based in Rockville, MD that was founded in 1936. As of 2018 they had $1.3 billion in revenue and $2.2 billion in assets.

Financial Industry Regulatory Authority (FINRA) is dedicated to investor protection and market integrity through effective and efficient regulation of broker-dealers.

Previous legal names or variations of their name include: National Association Securities Dealers.

Rockville, MD
S41: Promotion of Business

Form 990s for FINRA

Fiscal year endingDate received by IRSFormPDF link
2017-12Feb 21, 2019990 PDF
2016-12Jan 18, 2018990 PDF
2015-12Feb 27, 2017990O PDF
2014-12Feb 3, 2016990O PDF
2013-12Dec 29, 2014990O PDF
...and three more Form 990 PDFs

Financials for FINRA


Federated campaigns$0
Membership dues$0
Fundraising event contributions$0
Related organizations$0
Government grants (contributions)$0
Normal grants, contributions, etc.$0
Non-cash contributions$0
Program services$647,868,600
Investment income and dividends$24,484,935
Tax-exempt bond proceeds$0
Royalty revenue$144,351
Net rental income$231,989
Net gain from sale of non-inventory assets$63,985,787
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$570,969,991
Total revenues$1,307,685,653


Grants to govts. and orgs. in USA$0
Grants to individuals in USA$0
Grants to govts., orgs., and individuals outside USA$0
Benefits paid to or for members$0
Compensation of current officers, etc.$14,166,556
Compensation not included above, to disqualified persons$0
Non-officer salaries and wages$519,581,650
Pension/retirement accruals and contributions$70,176,932
Other employee benefits$51,208,860
Payroll taxes$32,368,552
Management fees$5,912,136
Legal fees$5,250,501
Accounting fees$1,298,579
Lobbying fees$556,580
Pro. fundraising fees$0
Investment mgmt fees$1,634,404
Other fee-for-service$10,428,494
Advertising and promotion$4,302
Office expenses$8,052,960
Information tech. expenses$143,460,897
Royalty expenses$0
Public official travel and entertainment$0
Conferences, meetings, etc.$1,045,834
Payments to affiliates$0
Depreciation, amortization, etc.$15,247,128
All other expenses$553,075,981
Total expenses$1,444,708,072


Cash (non-interest-bearing)$60,182,410
Savings, short-term investments, etc.$250,834,251
Pledges and grants receivable$0
Accounts receivable$169,735,570
Loans receivable from officers, directors, etc.$0
Loans receivable from other disqualified persons$0
Notes and loans receivable$0
Inventories for use$0
Prepaid expenses and deferred charges$22,231,587
Buildings, equipment, etc. post-depreciation$106,068,259
Investments, publicly traded securities$703,216,958
Investments, other securities$925,425,703
Investments, program-related$0
Intangible assets$16,420,435
Other assets$10,297,828
Total assets$2,264,413,001


Accounts payable and accrued expenses$643,372,782
Grants payable$0
Deferred revenue$13,849,843
Tax-exempt bond liabilities$0
Escrow or custodial account liability$0
Loans payable to officers and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other liabilities$0
Total liabilities$657,222,625

Net asset restrictions

Unrestricted net assets$0
Temporarily restricted net assets$0
Permanently restricted net assets$0

Performance indicators

Total margin-10%
Working capital$-154,238,807
Current assets$502,983,818
Current liabilities$657,222,625
Days cash on hand78 days
Acid test liquidity ratio0.73

Vendors for FINRA

VendorServicesAmount paidDate
DrupalContent management system software2019-03-20
█████ ███ █████ ██ ███Tax accounting; Audit accounting2018-11-12
██████ ███ ████████Hosting Services$21,274,4702017-12-01
█████████ ███████████Consulting$5,458,0952017-12-01
██████ ██████████ ██Hosting Services$14,134,4082017-12-01
█████████Testing Services$10,561,8142017-12-01
██████████Tech Consulting$14,690,7882017-12-01
█████ ████ █████████ ███Insurance2016-12-31
...and 21 more vendors

Personnel at FINRA

NameTitleCompensationMost recent data
Richard G Ketchum FmrChairman and Chief Executive Officer-Dec. 31, 2017
██████ █ ████Chief Executive Officer$1.0 millionJan. 10, 2019
██████ █ ███████Executive Vice President and Chief Information Officer$1.0 millionDec. 31, 2017
██████ █ █ █████Executive Vice President and Chief Legal Officer$1.2 millionDec. 31, 2017
████ ███████Senior Vice President , Corporate Communications-Sept. 15, 2017
████ █████Senior Vice President , Member Relations and Education-Sept. 15, 2017
████ ███████Executive Vice President and Chief of Enforcement-May 18, 2016
███████ ██████████Executive Vice President$790,937Dec. 31, 2017
█████ █████President , Finra Foundation and Senior Vice President , Investor Education / President , Finra Investor Education Foundationsenior Vice President , Finra Investor Education-Sept. 15, 2017
█ ███████ ███████Executive Vice President$1.2 millionDec. 31, 2016
...and 26 more key personnel

Peer social advocacy organizations

1Blue Cross Blue Shield Association (BCBSA)501(c)(4)$591 millionChicago, IL
2Johns Hopkins Health System Corporation (JHHS)501(c)(3)$382 millionBaltimore, MD
3Aerospace Corporation501(c)(3)$942 millionEl Segundo, CA
4Common Fund for Non-Profit Organizations501(c)(3)$436 millionWilton, CT
5University of Toronto501(c)(3)$2.4 billionCanada,
6Act501(c)(3)$353 millionIowa City, IA
7Mitre501(c)(3)$1.6 billionMclean, VA
8Southwest Research Institute501(c)(3)$537 millionSan Antonio, TX
9The Pew Charitable Trusts / Plan 08150 08151 08152501(c)(3)$335 millionPhiladelphia, PA
10Open Society Foundation501(c)(3)$372 millionNew York, NY
11American Institutes for Research in the Behavioral Sciences501(c)(3)$457 millionWashington, DC
12Carleton University501(c)(3)$468 millionCanada,
13Baptist Health South Florida501(c)(3)$808 millionCoral Gables, FL
14RESEARCH FOUNDATION OF the City University OF new york501(c)(3)$548 millionNew York, NY
15American Heart Association (AHA)501(c)(3)$851 millionDallas, TX
16Alliance for Sustainable Energy501(c)(3)$384 millionGolden, CO
17Research Triangle Institute (RTI)501(c)(3)$978 millionResearch Triangle Park, NC
18University of British Columbia (UBC)501(c)(3)$1.8 billionCanada,
19Cooperative for Assistance and Relief EVERYWHERE501(c)(3)$614 millionAtlanta, GA
20Fermi Research Alliance (FRA)501(c)(3)$420 millionBatavia, IL
21American Bureau of Shipping (ABS)501(c)(6)$516 millionHouston, TX

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