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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 2021. Filed on November 12, 2021.

300 S Riverside Plaza No 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 2021 IRS Form 990 filing, National Futures Association, a 501(c)(6) business league, reported compensation for 17 out of 591 total employees. Among the employees shown here, the average compensation is $480,794. The highest compensated employee at National Futures Association is Thomas Sexton with fiscal year 2021 compensation of $884,608.

Revenue, expenses, and employee compensation

Revenue

$110,867,239

Expenses

$109,814,140

Employee compensation

$84,740,564
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Sexton
President and Chief Executive Officer
$884,608
$820,264 No related comp$64,344
Regina Thoele
Senior Vice President
$680,634
$617,235 No related comp$63,399
Carol Wooding
Vice President, GC, and Secretary
$637,730
$576,388 No related comp$61,342
Edward Dasso
Vice President
$629,702
$553,777 No related comp$75,925
Timothy McHenry
Vice President
$595,422
$532,093 No related comp$63,329
David Hawrysz
Senior Vice President, CFO, and Treasurer
$568,504
$504,106 No related comp$64,398
Karen Wuertz
Senior Vice President
$517,158
$455,834 No related comp$61,324
Michael Otten
Vice President
$515,632
$476,689 No related comp$38,943
Joseph Hawrysz
Managing Director, Compliance
$381,449
$328,551 No related comp$52,898
Joseph Zangri
Managing Director, Exams OTC
$376,146
$327,309 No related comp$48,837
Thomas Gisonda
Managing Director, OTC Derivatives
$365,411
$317,639 No related comp$47,772
Allessandra Riccardi
Managing Director, OTC Derivatives
$356,044
$301,502 No related comp$54,542

Benchmark Employee Compensation

Non-Employee Board Members

Douglas Harris
Board Member
$43,500
$43,500 No related compNo other comp
Ronald Oppenheimer
Board Member
$42,000
$42,000 No related compNo other comp
Ronald Filler
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 - THRU 2/2021
$26,000
$26,000 No related compNo other comp
Michael Schaefer
Board Member
$22,000
$22,000 No related compNo other comp
Jim Marshall
Board Member
$21,500
$21,500 No related compNo other comp
Arthur Hahn
Board Member
$20,000
$20,000 No related compNo other comp
Mary McDonnell
Board Member
$20,000
$20,000 No related compNo other comp
Ernest Jaffarian
Board Member
$16,000
$16,000 No related compNo other comp
Don Thompson
Vice Chair
$16,000
$16,000 No related compNo other comp

Contractors

Polaris Solutions LLC
Computer Support
$865,630
Ernst & Young
Accounting
$390,000
Jenner Block LLP
Legal Consulting
$337,074
Clune Construction Inc.
Construction
$299,783
Delta Strategy Group
Consulting
$180,781

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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