Empower is a firm that provides actuarial services, investment management, insurance, fiduciary trustee, and commercial bank to nonprofit clients. They primarily provide their services regionally, with most clients in District of Columbia and California (although they are present in other states as well).
Most Empower clients are trade associations and hospitals with revenues ranging from $17 million to $117 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Association of American Railroads (AAR) | 501(c)(6) | Washington, DC | ||
| 2 | American Speech-Language-Hearing Association (ASHA) | 501(c)(6) | Rockville, MD | ||
| 3 | National Association of Manufacturers (NAM) | 501(c)(6) | Washington, DC | ||
| 4 | Food Marketplace (FMI) | 501(c)(6) | Arlington, VA | ||
| 5 | American Petroleum Institute (API) | 501(c)(6) | Washington, DC | ||
| 6 | New York Medical College (NYMC) | 501(c)(3) | Valhalla, NY | ||
| 7 | Youth Consultation Service (YCS) | 501(c)(3) | Newark, NJ | ||
| 8 | Airlines for America (A4A) | 501(c)(6) | Washington, DC | ||
| 9 | Workers' Compensation Insur Rating Bureau of California | 501(c)(6) | Oakland, CA | ||
| 10 | Pennsylvania Compensation Rating Bureau (PCRB) | 501(c)(6) | Philadelphia, PA | ||
| ... | and 22 more Empower not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Empower in the nonprofit sector include The Standard, Minnesota Life Insurance Company, Reliance Trust Company, Merrill Lynch Pierce Fenner and Smith, Matrix Trust Company, Newport Group, State Street Global Advisors, Bank Of New York Mellon, Sei Investments, and Comerica Bank.
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