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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Investment Adviser Association

Investment Adviser Association

Fiscal year ending 2024. Filed on November 11, 2025.

818 Connecticut Avenue NW 600
Washington, District of Columbia 20006

Investment Adviser Association (EIN: 13-6130873) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Investment Adviser Association, a 501(c)(6) business league, reported compensation for 7 out of 26 total employees. Among the employees shown here, the average compensation is $387,857. The highest compensated employee at Investment Adviser Association is Karen L Barr with fiscal year 2024 compensation of $601,439.

Revenue, expenses, and employee compensation

Revenue

$7,207,863

Expenses

$7,475,793

Employee compensation

$5,337,600
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen L Barr
President and Chief Executive Officer
$601,439
$511,333 No related comp$90,106
Gail C Bernstein
General Counsel and Secretary
$506,757
$442,533 No related comp$64,224
Laura Grossman
Associate General Counsel
$345,688
$281,033 No related comp$64,655
Monique Botkin
Associate General Counsel
$327,694
$284,033 No related comp$43,661
Neil Simon
Vice President, Government Relations
$321,731
$287,533 No related comp$34,198
William Nelson
Associate General Counsel
$306,575
$269,221 No related comp$37,354
Sanjay Lamba
Associate General Counsel
$305,118
$276,033 No related comp$29,085

Benchmark Employee Compensation

Non-Employee Board Members

Alison Baur
Chair
Benjamin Alden
Board Member
Bill Roberts
Board Member
Bret Hester
Board Member
Carlotta King
Board Member
Catherine Halberstadt
Board Member
Christine Morgan
Board Member
Geoffrey Alexander
Vice Chair
Gwen Reinke
Board Member
James Febeo
Board Member
Jeff Schweon
Board Member
Laura Drynan
Board Member

Contractors

Ims Technology Services Inc.
Audio Visual
$124,016
Mindset Advocacy LLC
Advocacy
$120,000

Mission Statement

To be the leading industry organization: A. Promoting high standards of fiduciary duty, integrity, public responsibility, and competence in the investment advisory profession. B. Providing effective, quality representation of the investment advisory profession with respect to the development, formulation, and enactment of legislation, regulations, and other policies relating to investment advisers. C. Offering benefits, services, and resources that assist and add value for member firms.

Revisions to this organization profile

November 11, 2025:
2024 Investment Adviser Association 990 filed
November 12, 2024:
2023 Investment Adviser Association 990 filed
January 16, 2024:
Amended (originally filed November 7, 2023)2022 Investment Adviser Association 990 filed

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