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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 Municipal Securities Rulemaking Board

Municipal Securities Rulemaking Board

Fiscal year ending 2016. Filed on February 3, 2017.

1300 I Street NW No 1000
Washington, District of Columbia 20005

Municipal Securities Rulemaking Board (EIN: 52-1042433) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Municipal Securities Rulemaking Board, a 501(c)(6) business league, reported compensation for 22 out of 129 total employees. Among the employees shown here, the average compensation is $290,994. The highest compensated employee at Municipal Securities Rulemaking Board is Lynnette Kelly with fiscal year 2016 compensation of $1,384,177.

Revenue, expenses, and employee compensation

Revenue

$35,334,268

Expenses

$35,587,170

Employee compensation

$19,490,795
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lynnette Kelly
Executive Director
$1,384,177
$1,207,958 No related comp$176,219
Robert Fippinger
Chief Legal Officer
$560,231
$524,097 No related comp$36,134
John A Bagley
Chief Market Structure Officer
$533,230
$471,591 No related comp$61,639
Michael Post
GEN Counsel - REG Affairs
$502,944
$467,854 No related comp$35,090
Elizabeth A Wolfe
Chief Financial Officer and Treasurer
$500,304
$450,721 No related comp$49,583
Alan Morisato
Chief OPS and TECH OFFR
$490,602
$457,029 No related comp$33,573
Ritta McLaughlin
Chief Education Officer
$381,125
$342,352 No related comp$38,773
Jennifer A Galloway
Chief Communications Officer
$326,339
$283,545 No related comp$42,794
Gail Marshall
Assoc GC - Enforcement
$268,298
$238,998 No related comp$29,300
Sharon K Zackula
Associate General Counsel
$251,010
$223,313 No related comp$27,697
Ronald W Smith
Corporate Secretary
$229,341
$199,370 No related comp$29,971
Nanette D Lawson
Deputy Chief Financial Officer
$218,968
$171,672 No related comp$47,296

Benchmark Employee Compensation

Non-Employee Board Members

Dall Forsythe
Director
$46,724
$46,724 No related compNo other comp
Brian L Wynne
Director
$46,550
$46,550 No related compNo other comp
Arthur Miller
Director
$46,550
$46,550 No related compNo other comp
Richard K Ellis
Director
$46,100
$46,100 No related compNo other comp
Richard Froehlich
Director
$45,300
$45,300 No related compNo other comp
Gary Hall
Director
$45,300
$45,300 No related compNo other comp
Rita Sallis
Director
$45,300
$45,300 No related compNo other comp
Lakshmi Kommi
Director
$45,300
$45,300 No related compNo other comp
Steve Apfelbacher
Director
$45,300
$45,300 No related compNo other comp
Robert P Cochrun
Director
$45,000
$45,000 No related compNo other comp
Lucy Hooper
Director
$45,000
$45,000 No related compNo other comp
James D McKinney
Director
$45,000
$45,000 No related compNo other comp

Contractors

C C Pace Systems Inc.
Software Development
$1,694,010
Sutherland Global Services
Call Center
$315,404
Logicboost Inc.
Software Development
$253,640
Greenberg Traurig
Legal
$157,163
Noetic Partners Inc.
Database Support
$146,125

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

August 7, 2025:
2024 Municipal Securities Rulemaking Board 990 filed
August 14, 2024:
2023 Municipal Securities Rulemaking Board 990 filed
August 11, 2023:
2022 Municipal Securities Rulemaking Board 990 filed

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