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LSTA: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LSTA (EIN 13-3867347)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-10
IRS object ID
202402849349301610
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-10T13:03:54-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133628255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONDON O'MEARA MCGINTY & DONNELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZA 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133867347EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOAN SYNDICATIONS AND TRADINGBusinessNameLine1Txt
Business Name Line2ASSOCIATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOANBusinessNameControlTxt
Phone2128803016PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 MADISON AVENUE 15TH FAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEXANDER NABIOCHECKPersonNm
Person TitleVICE CHAIRPersonTitleTxt
Phone2128803016PhoneNum
Signature2024-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALEXANDER NABIOCHECKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 MADISON AVENUE 15TH FAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,202,794GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.LSTA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROMOTE FAIR, ORDERLY, & EFFICIENT CORPORATE LOAN MARKETSActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers24TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$11,322,341PYProgramServiceRevenueAmt
CY Program Service Revenue$12,319,227CYProgramServiceRevenueAmt
PY Investment Income$300,625PYInvestmentIncomeAmt
CY Investment Income$854,438CYInvestmentIncomeAmt
PY Other Revenue$3,647,716PYOtherRevenueAmt
CY Other Revenue$3,842,273CYOtherRevenueAmt
PY Total Revenue$15,270,682PYTotalRevenueAmt
CY Total Revenue$17,015,938CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,279,895PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,042,405CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,514,775PYOtherExpensesAmt
CY Other Expenses$5,666,985CYOtherExpensesAmt
PY Total Expenses$12,794,670PYTotalExpensesAmt
CY Total Expenses$13,709,390CYTotalExpensesAmt
PY Revenues Less Expenses$2,476,012PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,306,548CYRevenuesLessExpensesAmt
Total Assets BOY$45,251,433TotalAssetsBOYAmt
Total Assets EOY$49,453,793TotalAssetsEOYAmt
Total Liabilities BOY$17,399,960TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,604,568TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,851,473NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$31,849,225NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE A FAIR, ORDERLY & EFFICIENT CORPORATE LOAN MARKET & PROVIDE LEADERSHIP IN ADVANCING THE INTERESTS OF ALL MARKET PARTICIPANTSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescLSTA SEEKS TO ENHANCE PUBLIC UNDERSTANDING OF THE CORPORATE LOAN ASSET CLASS AND TO SERVE THE PUBLIC INTEREST BY ENCOURAGING ADHERENCE TO THE HIGHEST ETHICAL STANDARDS BY ALL MARKET PARTICIPANTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee16EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFF HAUSER LSTABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2128803016PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 MADISON AVENUE 15TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID LERNER
CO-CHAIR4.00Yes (X)Yes (X)$0$0$0
ALEXANDER STROMBERG
CO-CHAIR4.00Yes (X)Yes (X)$0$0$0
ALEX NABOICKECK
VICE CHAIR & TREASURER4.00Yes (X)Yes (X)$0$0$0
SCOTT BASKIND
VICE CHAIR & SECRETARY4.00Yes (X)Yes (X)$0$0$0
RACHEL RUSSELL
VICE CHAIR AT LARGE4.00Yes (X)Yes (X)$0$0$0
CARLY WILSON
VICE CHAIR AT LARGE4.00Yes (X)Yes (X)$0$0$0
THOMAS WONG
VICE CHAIR AT LARGE4.00Yes (X)Yes (X)$0$0$0
MOHAMED BASMA
DIRECTOR4.00Yes (X)$0$0$0
RALPH HINCKLEY
DIRECTOR4.00Yes (X)$0$0$0
DAVID MECHLIN
DIRECTOR4.00Yes (X)$0$0$0
GREGORY ROBBINS
DIRECTOR4.00Yes (X)$0$0$0
CHRISTOPHER SHELDON
DIRECTOR4.00Yes (X)$0$0$0
FRANCIS SUTTER
DIRECTOR4.00Yes (X)$0$0$0
JAMES VANEK
DIRECTOR4.00Yes (X)$0$0$0
MIKE WEIR
DIRECTOR4.00Yes (X)$0$0$0
WYNNE COMER
DIRECTOR4.00Yes (X)$0$0$0
VALERIE KRITSBERG
DIRECTOR4.00Yes (X)$0$0$0
BRETT NUNZIATA
DIRECTOR4.00Yes (X)$0$0$0
MARK SANOFSKY
DIRECTOR4.00Yes (X)$0$0$0
MATT STANCZUK
DIRECTOR4.00Yes (X)$0$0$0
CHARLIE TOWERS
DIRECTOR4.00Yes (X)$0$0$0
JEFF WARREN
DIRECTOR4.00Yes (X)$0$0$0
KEVIN WHITE
DIRECTOR4.00Yes (X)$0$0$0
THEODORE BASTA
EXECUTIVE VP OF MARKET ANALYTICS40.00Yes (X)$603,988$0$50,264
MEREDITH COFFEY
EXECUTIVE VP OF RESEARCH40.00Yes (X)$678,304$0$59,614
ELLIOT GANZ
HEAD OF ADVOCACY40.00Yes (X)$773,909$0$93,900
ELLEN HEFFERAN
EXECUTIVE VP OF OPERATIONS40.00Yes (X)$531,981$0$76,440
BRIDGET MARSH
EXECUTIVE VP AND GENERAL COUNSEL40.00Yes (X)$651,223$0$94,125
LEE SHAIMAN
EXECUTIVE DIRECTOR40.00Yes (X)$997,356$0$94,390
TESS VIRMANI
DEPUTY GENERAL COUNSEL AND EVP40.00$579,916$0$93,720Yes (X)
LORENA DELUCA
ASSOCIATE40.00$147,852$0$52,569Yes (X)
HUGO PEREIRA
VICE PRESIDENT, MARKET ANALYTICS40.00$126,166$0$65,574Yes (X)
CHRISTINE RAMOS
ASSOCIATE40.00$121,435$0$28,969Yes (X)
LISA SCHNEIDER
EXECUTIVE VP OF MEMBERSHIP40.00$442,932$0$85,900Yes (X)
CLARA COLON
ASSOCIATE40.00$109,450$0$35,947Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,764,512TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$831,412TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WILMERHALE
1875 PENNSYLVANIA AVENUE NWWASHINGTONDC20006LEGAL SERVICES$534,560
MORGAN LEWIS & BOCKIUS LLP
1221 AVENUE OF THE AMERICAS 34TH FNEW YORKNY10020LEGAL SERVICES$336,200
PROFILE ADVISORS LLC
405 LEXINGTON AVENUE 9TH FLOORNEW YORKNY10174PUBLIC RELATIONS$287,225
ARABELLA ADVISORS LLC
1828 L STREET NORTHWEST SUITE 300WASHINGTONDC20036CONSULTING SERVICES$236,054
FEDERAL HALL POLICY ADVISORS
1455 PENNSYLVANIA AVE NW SUITE 400WASHINGTONDC20004REGULATORY SUPPORT$220,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$9,839,244$9,839,244
CONFERENCES900099$2,479,983$2,479,983
FieldValueIRS element (for citing)
Total Program Service Revenue$12,319,227TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$977,810TotalRevenueColumnAmt
Exclusion$977,810ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,323,846TotalRevenueColumnAmt
Exclusion$3,323,846ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,063,484SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$11,186,856SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$123,372SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$123,372TotalRevenueColumnAmt
Exclusion-$123,372ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE PROCEEDSDesc
Business900099BusinessCd
Total Revenue Column$518,427TotalRevenueColumnAmt
Exclusion$518,427ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$518,427OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,015,938TotalRevenueColumnAmt
Related Or Exempt Func Income$12,319,227RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,696,711ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,379,131TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,827,000TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$406,537TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$304,205TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$125,532TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,814,222TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$255,195TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$220,000TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$52,507TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$515,817TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$367,680TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$474,272TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$452,914TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$187,545TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,253,021TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$55,016TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
INSURANCE PROCEEDS EXP.$15,250
LOAN MARKET CHRONICLE$3,546

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,709,390TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,459,659BOYAmt
EOY$808,937EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$39,144BOYAmt
EOY$4,482,137EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,901,252BOYAmt
EOY$6,047,187EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$117,411BOYAmt
EOY$74,894EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,111,851LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,025,174LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$92,815BOYAmt
EOY$86,677EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$27,298,588BOYAmt
EOY$35,030,266EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,342,564BOYAmt
EOY$2,923,695EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$45,251,433BOYAmt
EOY$49,453,793EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,837,528BOYAmt
EOY$4,404,361EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,826,675BOYAmt
EOY$9,873,825EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,735,757BOYAmt
EOY$3,326,382EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,399,960BOYAmt
EOY$17,604,568EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,851,473BOYAmt
EOY$31,849,225EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,851,473BOYAmt
EOY$31,849,225EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$45,251,433BOYAmt
EOY$49,453,793EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,306,548ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$691,204NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$9,839,244DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$220,000NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$30,729NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$250,729NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$290,258AggregateReportedDuesNtcAmt
Taxable-$39,529TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$215,931OtherCostOrOtherBasisAmt
Depreciation$213,690DepreciationAmt
Book Value$2,241BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$470,803OtherCostOrOtherBasisAmt
Depreciation$435,409DepreciationAmt
Book Value$35,394BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$425,117OtherCostOrOtherBasisAmt
Depreciation$376,075DepreciationAmt
Book Value$49,042BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$86,677TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT-OF-USE ASSETDesc
Book Value$2,923,695BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,923,695TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE PAYABLE, NETDesc
Amt$3,326,382Amt
FieldValueIRS element (for citing)
Total Liability$3,326,382TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LEE SHAIMAN
EXECUTIVE DIRECTOR$417,356$0$580,000$0$0$0$39,950$0$54,440$0$1,091,746$0$0$0
ELLIOT GANZ
HEAD OF ADVOCACY$368,909$0$405,000$0$0$0$39,950$0$53,950$0$867,809$0$0$0
BRIDGET MARSH
EXECUTIVE VP AND GENERAL COUNSEL$321,223$0$330,000$0$0$0$39,950$0$54,175$0$745,348$0$0$0
MEREDITH COFFEY
EXECUTIVE VP OF RESEARCH$268,304$0$410,000$0$0$0$39,950$0$19,664$0$737,918$0$0$0
TESS VIRMANI
DEPUTY GENERAL COUNSEL AND EVP$269,916$0$310,000$0$0$0$33,450$0$60,270$0$673,636$0$0$0
THEODORE BASTA
EXECUTIVE VP OF MARKET ANALYTICS$298,988$0$305,000$0$0$0$33,450$0$16,814$0$654,252$0$0$0
ELLEN HEFFERAN
EXECUTIVE VP OF OPERATIONS$296,981$0$235,000$0$0$0$39,950$0$36,490$0$608,421$0$0$0
LISA SCHNEIDER
EXECUTIVE VP OF MEMBERSHIP$267,932$0$175,000$0$0$0$33,450$0$52,450$0$528,832$0$0$0
LORENA DELUCA
ASSOCIATE$102,852$0$45,000$0$0$0$35,155$0$17,414$0$200,421$0$0$0
HUGO PEREIRA
VICE PRESIDENT, MARKET ANALYTICS$126,166$0$0$0$0$0$16,361$0$49,213$0$191,740$0$0$0
CHRISTINE RAMOS
ASSOCIATE$96,435$0$25,000$0$0$0$12,155$0$16,814$0$150,404$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationELLIOT GANZ - HEALTH CLUB $1,000 ELLEN HEFFERAN - HEALTH CLUB $1,292 LISA SCHNEIDER - HEALTH CLUB $1,037 MEREDITH COFFEY -HEALTH CLUB $1,000 BRIDGET MARSH - HEALTH CLUB $405 TESS VIRMANI - HEALTH CLUB $362 CLARA COLON - HEALTH CLUB $1,246 LORENA DELUCA - HEALTH CLUB $1,000ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III - LINE 1THE LOAN SYNDICATIONS AND TRADING ASSOCIATION, INC. ("LSTA") PROMOTES A FAIR, ORDERLY, EFFICIENT, AND GROWING CORPORATE LOAN MARKET AND PROVIDES LEADERSHIP IN ADVANCING AND BALANCING THE INTERESTS OF ALL MARKET PARTICIPANTS. THE LSTA CARRIES OUT A WIDE VARIETY OF ACTIVITIES TO: ADVOCATE FOR THE SHARED INTERESTS OF ALL LOAN MARKET PARTICIPANTS, INCREASE MARKET TRANSPARENCY AND EFFICIENCY, FACILITATE AND IMPROVE THE SETTLEMENT PROCESS, EDUCATE MARKET PARTICIPANTS AND PROMOTE THE GROWTH OF THE LOAN ASSET CLASS. ACTIVITIES INCLUDE THE DEVELOPMENT OF STANDARD FORMS AND DOCUMENTATION AND THE DISSEMINATION OF MARKET-PRICING INFORMATION.
FORM 990, PART VI, SECTION A, LINE 6THE LOAN SYNDICATIONS AND TRADING ASSOCIATION, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7AIN NOVEMBER, THE EXECUTIVE DIRECTOR SENDS A NOTICE OUT TO ALL THE FULL MEMBERS TO INQUIRE IF ANYONE WOULD LIKE TO BE CONSIDERED FOR THE BOARD. THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS THEN SENDS OUT QUESTIONNAIRES TO THOSE MEMBERS WISHING TO BE CONSIDERED, AND THEY INTERVIEW EACH CANDIDATE. THE NOMINATING COMMITTEE THEN PICKS THE CANDIDATES THEY FEEL ARE THE BEST QUALIFIED AND BEST REPRESENT THE MARKET. THE SELECTED CANDIDATES ARE PROPOSED UP AT THE ANNUAL MEETING (HELD IN JANUARY) WHERE THE FULL LSTA MEMBERSHIP VOTES.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PROVIDED TO ALL VOTING BOARD MEMBERS VIA EMAIL. AN EXECUTIVE COMMITTEE MEETING IS HELD FOR REVIEW AND DISCUSSION REGARDING THE FORM 990 FOR APPROVAL AND FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO READ OUR CONFLICT OF INTEREST AND CONFIDENTIALITY POLICY AND ARE REQUIRED AFTERWARDS TO SIGN THE ANNUAL ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT. THE BOARD AND KEY STAFF MUST SIGN A NEW FORM EVERY YEAR.
FORM 990, PART VI, SECTION B, LINE 15POLICY INCLUDES THAT ALL COMPENSATION BE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (7 MEMBERS OF THE BOARD). COMPARABILITY DOCUMENTATION IS PROVIDED AND DISCUSSIONS TAKE PLACE REGARDING EACH EMPLOYEE OF THE ORGANIZATION. DETERMINATIONS OF THE EXECUTIVE COMMITTEE IS THE FINAL DETERMINING FACTOR.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE TO ALL MEMBERS IN GOOD STANDING UPON REQUEST AT THE OFFICES OF THE LSTA.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE BUSINESS LOAN COALITION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 MADISON AVENUE 15TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesGRASSROOTS ADVOCACY AFFILIATEPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$125,035TotalIncomeAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1THE ASSOCIATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LOAN SYNDICATIONS AND TRADING ASSOCIATION POLITICAL ACTION COMMITTEEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 MADISON AVE FL 15AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
EIN831754979EIN
Primary ActivitiesPACPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section527ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1THE ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd