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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 Community Improvement & Capacity Building Securities Industry and Financial Markets Association

Securities Industry and Financial Markets Association

Fiscal year ending 2021. Filed on August 24, 2022.

140 Broadway 35th Floor
600
New York, New York 10005

Securities Industry and Financial Markets Association (EIN: 32-0178959) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Securities Industry and Financial Markets Association, a 501(c)(6) business league, reported compensation for 12 out of 136 total employees. Among the employees shown here, the average compensation is $855,521. The highest compensated employee at Securities Industry and Financial Markets Association is Kenneth E Bentsen Jr with fiscal year 2021 compensation of $2,490,101.

Revenue, expenses, and employee compensation

Revenue

$47,657,181

Expenses

$49,290,473

Employee compensation

$34,688,229
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth E Bentsen Jr
President and Chief Executive Officer
$2,490,101
$2,418,686 No related comp$71,415
Joseph Seidel
Chief Operating Officer
$1,170,812
$1,093,334 No related comp$77,478
Ira D Hammerman
Evp/Gc (SEE SCH J 457 FN)
$1,061,994
$982,302 No related comp$79,692
David B Krasner
CFO and CAO
$773,639
$692,590 No related comp$81,049
Timothy W Cameron
Managing Director
$698,295
$627,766 No related comp$70,529
Jamie Wall
Executive Vice President
$636,522
$599,544 No related comp$36,978
Cheryl L Crispen
Executive Vice President
$633,616
$594,666 No related comp$38,950
Mark Schuermann
Managing Director
$613,109
$560,504 No related comp$52,605
Robert Toomey
Managing Director
$609,470
$527,302 No related comp$82,168
Victoria Cumings
Managing Director
$570,002
$518,698 No related comp$51,304
Carter K McDowell
Managing Director
$567,799
$499,574 No related comp$68,225
Salvatore Chiarelli
Executive Vice President
$440,896
$372,987 No related comp$67,909

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Komaroff
Director
Brendan Reilly
Director
Charlotte McLaughlin
Director
Craig Messinger
Director
Deb Schoneman
Director
Douglas Preiser
Director
Francis Kelly
Director
Gary Hall
Director
James Crowley
Director
James Wallin
Treasurer
Jamie Price
Director
Jeffrey Rosen
Director

Contractors

Covington Burling LLP
Legal
$955,140
Ernst Young LLP
Consulting
$480,000
Hilltop Public Solutions
Consulting
$392,214
Grant Thornton LLP
Accounting
$197,070
Elmendorf Ryan
Consulting
$165,000

Mission Statement

SEE SCHEDULE OSIFMA IS THE LEADING TRADE ASSOCIATION FOR BROKER-DEALERS, INVESTMENT BANKS AND ASSET MANAGERS OPERATING IN THE U.S. AND GLOBAL CAPITAL MARKETS. ON BEHALF OF OUR INDUSTRY'S ONE MILLION EMPLOYEES, WE ADVOCATE ON LEGISLATION, REGULATION AND BUSINESS POLICY AFFECTING RETAIL AND INSTITUTIONAL INVESTORS, EQUITY AND FIXED INCOME MARKETS AND RELATED PRODUCTS AND SERVICES. WE SERVE AS AN INDUSTRY COORDINATING BODY TO PROMOTE FAIR AND ORDERLY MARKETS, INFORMED REGULATORY COMPLIANCE, AND EFFICIENT MARKET OPERATIONS AND RESILIENCY. WE ALSO PROVIDE A FORUM FOR INDUSTRY POLICY AND PROFESSIONAL DEVELOPMENT.

Revisions to this organization profile

August 26, 2025:
2024 Securities Industry and Financial Markets Association 990 filed
August 28, 2024:
2023 Securities Industry and Financial Markets Association 990 filed
August 31, 2023:
2022 Securities Industry and Financial Markets Association 990 filed

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