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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 2019. Filed on November 7, 2019.

300 S Riverside Plaza Suite 1800
Chicago, Illinois 60606

National Futures Association (EIN: 36-2960981), also known as Nfa, has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2019 IRS Form 990 filing, National Futures Association, a 501(c)(6) business league, reported compensation for 15 out of 592 total employees. Among the employees shown here, the average compensation is $487,655. The highest compensated employee at National Futures Association is Thomas Sexton with fiscal year 2019 compensation of $806,702.

Revenue, expenses, and employee compensation

Revenue

$115,241,534

Expenses

$101,154,119

Employee compensation

$75,147,486
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Sexton
President and Chief Executive Officer
$806,702
$745,832 No related comp$60,870
Daniel Driscoll
Vice President and Chief Operating Officer
$692,958
$632,166 No related comp$60,792
Regina Thoele
Senior Vice President
$628,532
$568,359 No related comp$60,173
Jamila Piracci
Vice President
$595,235
$537,101 No related comp$58,134
Edward Dasso
Vice President
$584,468
$522,082 No related comp$62,386
David Hawrysz
Senior Vice President, CFO, and Treasurer
$521,080
$460,009 No related comp$61,071
Timothy McHenry
Vice President
$481,818
$421,734 No related comp$60,084
Karen Wuertz
Senior Vice President
$481,726
$423,634 No related comp$58,092
Carol Wooding
Vice President, GC, and Secretary
$474,404
$416,320 No related comp$58,084
Joseph Hawrysz
Managing Director, Compliance
$379,477
$329,657 No related comp$49,820
Joseph Zangri
Managing Director, Exams OTC
$358,354
$312,836 No related comp$45,518
Michael Crowley
Associate General Counsel
$348,109
$303,784 No related comp$44,325

Benchmark Employee Compensation

Non-Employee Board Members

Douglas Harris
Board Member
$48,500
$48,500 No related compNo other comp
Ronald Oppenheimer
Board Member
$47,000
$47,000 No related compNo other comp
Ronald Filler
Board Member
$47,000
$47,000 No related compNo other comp
Michael Moskow
Board Member
$46,500
$46,500 No related compNo other comp
Todd Petzel
Board Member
$45,000
$45,000 No related compNo other comp
Charles Nastro
Board Member
$25,500
$25,500 No related compNo other comp
Jim Marshall
Board Member
$21,500
$21,500 No related compNo other comp
Michael Schaeffer
Board Member
$21,500
$21,500 No related compNo other comp
Mary McDonnell
Board Member
$20,000
$20,000 No related compNo other comp
David Goone
Board Member
$18,000
$18,000 No related compNo other comp
Douglas Bry
Board Member
$18,000
$18,000 No related compNo other comp
Don Thompson
Board Member
$18,000
$18,000 No related compNo other comp

Contractors

Cdw Direct LLC
Computer Support
$1,011,881
Jenner Block LLP
Legal Consulting
$726,523
Microsoft Licensing Gp
Software Support
$461,463
Polaris Solutions LLC
Software Support
$313,255
Redlegg
IT Security
$304,050

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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