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 California, District of Columbia, and Maryland (although they are present in other states as well).
Most Empower clients are trade associations, hospitals, and assisted living and continuing care retirement communities with revenues ranging from $19 million to $121 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | American Speech-Language-Hearing Association (ASHA) | 501(c)(6) | Rockville, MD | ||
| 2 | Association of American Railroads (AAR) | 501(c)(6) | Washington, DC | ||
| 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 | Association of American Publishers | 501(c)(6) | Washington, DC | ||
| ... | and 25 more Empower not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Empower in the nonprofit sector include Reliance Trust Company, Merrill Lynch Pierce Fenner and Smith, Minnesota Life Insurance Company, The Standard, Principal Financial Group, State Street Global Advisors, Matrix Trust Company, Newport Group, Great-West Life and Annuity Insurance Co., and Mutual Of America Life Insurance Company.
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