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 $123 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) | San Francisco, 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 Merrill Lynch Pierce Fenner and Smith, Reliance Trust Company, Minnesota Life Insurance Company, The Standard, Matrix Trust Company, State Street Global Advisors, Newport Group, Great-West Life and Annuity Insurance Co., Mutual Of America Life Insurance Company, and Comerica Bank.
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