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 New York (although they are present in other states as well).
Most Empower clients are trade associations, hospitals, and colleges, universities, and professional schools with revenues ranging from $22 million to $267 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 | Airlines for America (A4A) | 501(c)(6) | Washington, DC | ||
| 8 | Pennsylvania Compensation Rating Bureau (PCRB) | 501(c)(6) | Philadelphia, PA | ||
| 9 | Cincinnati USA Convention and Visitors Bureau | 501(c)(6) | Cincinnati, OH | ||
| 10 | National Railway Labor Conference (NRLC) | 501(c)(6) | Arlington, VA | ||
| ... | and 11 more Empower not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Empower in the nonprofit sector include Matrix Trust Company, Bank Of New York Mellon, Sei Investments, Comerica Bank, Wells Fargo Bank, Fidelity Investments, Ascensus, TIAA, Great-West Life and Annuity Insurance Co., and Mutual Of America Life Insurance Company.
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