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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 National Futures Association

National Futures Association

Fiscal year ending 2025. Filed on November 13, 2025.

320 South Canal Suite 2400
Chicago, Illinois 60606

National Futures Association (EIN: 36-2960981) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, National Futures Association, a 501(c)(6) business league, reported compensation for 25 out of 588 total employees. Among the employees shown here, the average compensation is $476,603. The highest compensated employee at National Futures Association is Thomas Sexton with fiscal year 2025 compensation of $1,320,571.

Revenue, expenses, and employee compensation

Revenue

$154,945,104

Expenses

$145,239,561

Employee compensation

$107,595,461
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Sexton
President and Chief Executive Officer
$1,320,571
$1,238,311 No related comp$82,260
Michael Otten
Senior Vice President, OTC
$860,757
$784,614 No related comp$76,143
Carol Wooding
Sr.Vp, GC, and Secretary
$848,940
$769,680 No related comp$79,260
Regina Thoele
Senior Vice President (Thru 2/2025)
$844,842
$762,319 No related comp$82,523
Timothy McHenry
Senior Vice President
$821,155
$738,895 No related comp$82,260
David Hawrysz
Senior Vice President, CFO, and Treasurer
$761,685
$678,922 No related comp$82,763
Edward Dasso
Senior Vice President
$735,858
$682,048 No related comp$53,810
Karen Wuertz
Senior Vice President (Thru 2/2025)
$652,364
$573,122 No related comp$79,242
Lauren Brinati
Vice President, Admin Strategy RISK
$644,041
$581,034 No related comp$63,007
Dale Spoljaric
Vice President OTC
$584,825
$505,603 No related comp$79,222
Nancy C Bohanon
Vice President, Human Resources
$508,996
$430,840 No related comp$78,156
Alessandra Riccardi
Managing Director, OTC
$479,384
$405,117 No related comp$74,267

Benchmark Employee Compensation

Non-Employee Board Members

Gerald Corcoran
Chair
$40,000
$40,000 No related compNo other comp
Thomas Kadlec
Board Member
$35,000
$35,000 No related compNo other comp
Martin Lueck
Board Member
$35,000
$35,000 No related compNo other comp
Constance Wick
Board Member
$32,500
$32,500 No related compNo other comp
Scott Andersen
Board Member
$31,250
$31,250 No related compNo other comp
Mark Maurer
Board Member
$30,000
$30,000 No related compNo other comp
Michael Burke
Board Member
$30,000
$30,000 No related compNo other comp
Ernest Jaffarian
Board Member
$30,000
$30,000 No related compNo other comp
Don Thompson
Board Member
$30,000
$30,000 No related compNo other comp
Seth Bender
Board Member
$30,000
$30,000 No related compNo other comp
Trabue Bland
Board Member
No compensation reported
Charlotte McLaughlin
Board Member (Thru 2/2025)
No compensation reported

Contractors

Clune Construction Company
Construction
$7,771,935
320 S Canal Titleholder LLC
Rent
$1,066,258
One NY Plaza CO LLC
Rent
$954,122
Office Revolution LLC
Office Furniture
$541,540
Mcdermott Will & Emery LLP
Legal
$323,360

Mission Statement

AS A CONGRESSIONALLY AUTHORIZED SELF-REGULATORY ORGANIZATION, NATIONAL FUTURES ASSOCIATION (NFA) IS THE SELF-REGULATORY ORGANIZATION FOR THE U.S. DERIVATIVES INDUSTRY, INCLUDING EXCHANGE TRADED FUTURES, RETAIL OFF-EXCHANGE FOREIGN CURRENCY (FOREX) AND (CONTINUED IN SCHEDULE O) (CONTINUANCE OF PART III, LINE 1)OTC DERIVATIVES (SWAPS). NFA HAS DEVELOPED AND ENFORCES RULES, PROVIDES PROGRAMS AND OFFERS SERVICES THAT SAFEGUARD MARKET INTEGRITY, PROTECT INVESTORS AND HELP OUR MEMBERS MEET THEIR REGULATORY RESPONSIBILITIES.

Revisions to this organization profile

November 13, 2025:
2025 National Futures Association 990 filed
November 13, 2024:
2024 National Futures Association 990 filed
November 14, 2023:
2023 National Futures Association 990 filed

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