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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 2020. Filed on November 12, 2020.

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 2020 IRS Form 990 filing, National Futures Association, a 501(c)(6) business league, reported compensation for 17 out of 601 total employees. Among the employees shown here, the average compensation is $456,241. The highest compensated employee at National Futures Association is Thomas Sexton with fiscal year 2020 compensation of $846,754.

Revenue, expenses, and employee compensation

Revenue

$120,873,183

Expenses

$106,252,569

Employee compensation

$81,714,093
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Sexton
President and Chief Executive Officer
$846,754
$784,477 No related comp$62,277
Daniel Driscoll
Special Advisor
$728,258
$655,984 No related comp$72,274
Regina Thoele
Senior Vice President
$664,610
$603,228 No related comp$61,382
Edward Dasso
Vice President
$621,829
$549,391 No related comp$72,438
David Hawrysz
Senior Vice President, CFO, and Treasurer
$542,031
$479,708 No related comp$62,323
Carol Wooding
Vice President, GC, and Secretary
$532,143
$472,836 No related comp$59,307
Timothy McHenry
Vice President
$519,347
$458,045 No related comp$61,302
Karen Wuertz
Senior Vice President
$504,252
$444,948 No related comp$59,304
Jamila Piracci
Vice President
$419,966
$383,019 No related comp$36,947
Joseph Hawrysz
Managing Director, Compliance
$377,196
$326,803 No related comp$50,393
Joseph Zangri
Managing Director, Exams OTC
$367,831
$319,235 No related comp$48,596
Thomas Gisonda
Managing Director, OTC Derivatives
$355,811
$310,056 No related comp$45,755

Benchmark Employee Compensation

Non-Employee Board Members

Douglas Harris
Board Member
$43,500
$43,500 No related compNo other comp
Ronald Filler
Board Member
$42,000
$42,000 No related compNo other comp
Ronald Oppenheimer
Board Member
$42,000
$42,000 No related compNo other comp
Michael Moskow
Board Member
$41,500
$41,500 No related compNo other comp
Todd Petzel
Board Member
$40,000
$40,000 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 Schaefer
Board Member
$21,500
$21,500 No related compNo other comp
Mary McDonnell
Board Member
$20,000
$20,000 No related compNo other comp
John Sandner
Board Member
$16,000
$16,000 No related compNo other comp
David Goone
Board Member
$16,000
$16,000 No related compNo other comp
Maureen Downs
Chair
$16,000
$16,000 No related compNo other comp

Contractors

Cdw Direct LLC
Computer Support
$875,093
Jenner Block LLP
Legal Consulting
$872,718
Redlegg
IT Security
$266,962
Ernst & Young
Accounting
$221,351
Bloomberg Lp
Data
$204,142

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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