Securities Investor Protection Corporation
Fiscal year ending 2024. Filed on June 16, 2025.
1667 K St NW 1000
Washington, District of Columbia 20006
Securities Investor Protection Corporation (EIN: 52-0910763) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Securities Investor Protection Corporation, a 501(c)(6) business league, reported compensation for 9 out of 42 total employees. Among the employees shown here, the average compensation is $606,014. The highest compensated employee at Securities Investor Protection Corporation is Josephine Wang with fiscal year 2024 compensation of $887,614.
Revenue, expenses, and employee compensation
Revenue
$625,303,894
Expenses
$177,979,817
Employee compensation
$13,132,267
Reported Compensated Employees
－27.2%vs 2023
Josephine Wang
President and Chief Executive Officer
$934,812
$934,812 from orgNo related compNo other comp
＋1.9%vs 2023
Michael L Post
General Counsel and Secretary
$768,926
$651,398 from orgNo related comp$117,528 other
－7.7%vs 2023
Karen L Saperstein
Vice President, Operations
$681,990
$486,205 from orgNo related comp$195,785 other
－26.0%vs 2023
Christopher H Larosa
SR Assoc. GC - Litigation
$616,499
$383,489 from orgNo related comp$233,010 other
－27.6%vs 2023
Hemant Sharma
Deputy General Counsel
$582,439
$433,935 from orgNo related comp$148,504 other
－12.9%vs 2023
Robert C Ferry
AVP - Information Technology
$516,419
$355,034 from orgNo related comp$161,385 other
－53.2%vs 2023
Charles E Glover
Vice President, Finance
$504,905
$504,905 from orgNo related compNo other comp
＋117.3%vs 2022
Timothy W Timanus
AVP - Operations
$496,011
$355,860 from orgNo related comp$140,151 other
－26.4%vs 2023
Kevin H Bell
SR Assoc. GC - Dispute RES
$431,510
$407,012 from orgNo related comp$24,498 other
Non-Employee Board Members
±0%vs 2023
Claudia Slacik
Board Chair
$28,000
$28,000 from orgNo related compNo other comp
＋29.1%vs 2023
Alan J Patricof
Director
$12,000
$12,000 from orgNo related compNo other comp
－6.5%vs 2023
William S Jasien
Director
$12,000
$12,000 from orgNo related compNo other comp
±0%vs 2023
Glen S Fukushima
Vice Chair of the Board
$12,000
$12,000 from orgNo related compNo other comp
±0%vs 2023
William Brodsky
Director
$12,000
$12,000 from orgNo related compNo other comp
Daniel M Covitz
Director
No compensation reported
W Moses Kim
Director
No compensation reported
Mission Statement
See Schedule O
Revisions to this organization profile
June 16, 2025:
2024 Securities Investor Protection Corporation 990 filed
June 6, 2024:
2023 Securities Investor Protection Corporation 990 filed
June 14, 2023:
2022 Securities Investor Protection Corporation 990 filed
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