2023-11-10T11:10:37-06:00 2022-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVENUE SUITE 250 OWINGS MILLS MD 21117 990 2022-01-01 222072345 NATIONAL ASSOCIATION OF INVESTMENT COMPANIES INC NATI 2022043001 1300 PENNSYLVANIA AVENUE NW 700 WASHINGTON DC 20004 TINA MCINTYRE SVP & CHIEF FINANCIAL OFFICER 2022043001 2023-11-09 1 TINA MCINTYRE 999009999 0 PAMELA GRAY P01237506 4105840060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TINA MCINTYRE 1300 PENNSYLVANIA AVENUE NW 700 WASHINGTON DC 20004 5187229 0 X WWW.NAICPE.COM X 1971 DC REPRESENTS THE INTERESTS OF DIVERSE-OWNED ALTERNATIVE INVESTMENT FIRMS. 16 15 8 15 0 0 3413243 4245253 943010 916060 6746 24380 23611 1536 4386610 5187229 0 0 0 0 2210626 2532716 0 0 0 1391823 1768300 3602449 4301016 784161 886213 3267045 4076477 139808 166221 3127237 3910256 TO ADVOCATE FOR AN INCREASE IN ACCESS TO CAPITAL FOR DIVERSE-OWNED ALTERNATIVE INVESTMENT FIRMS. 0 0 3655469 5162849 NAIC ADMINISTERED VARIOUS PROGRAMS AND INITIATIVES DESIGNED TO INCREASE ACCESS TO CAPITAL FOR DIVERSE ALTERNATIVE INVESTMENT FIRMS BY EDUCATING INSTITUTIONAL INVESTORS AND OTHER KEY STAKEHOLDERS ABOUT THE STELLAR EXPERTISE AND RESULTS DELIVERED BY THESE OFTEN UNDERUTILIZED, YET HIGHLY QUALIFIED ASSET MANAGERS. 3655469 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 28 0 1 8 1 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X TINA MCINTYRE 4433946389 1300 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 ROBERT GREENE PRESIDENT & CEO 40.00 X X 950141 0 28483 JOSEPH HASLIP CHAIRMAN 5.00 X X 0 0 0 MICHAEL SMART VICE CHAIRMAN 5.00 X X 0 0 0 LLOYD METZ TREASURER 5.00 X X 0 0 0 XAVIER GUTIERREZ SECRETARY 5.00 X X 0 0 0 CHARLES WILLIS DIRECTOR 2.00 X 0 0 0 CHRIS ALLEN DIRECTOR 2.00 X 0 0 0 CRAIG FOWLER DIRECTOR 2.00 X 0 0 0 DAPHNE DUFRESNE DIRECTOR 2.00 X 0 0 0 DEREK JONES DIRECTOR 2.00 X 0 0 0 FRED EBRAHEMI DIRECTOR 2.00 X 0 0 0 JUAN SABATER DIRECTOR 2.00 X 0 0 0 KOLA OLOFINBOBA DIRECTOR 2.00 X 0 0 0 MAURA REILLY KENNEDY DIRECTOR 2.00 X 0 0 0 PHILIP LO DIRECTOR 2.00 X 0 0 0 TONY LEE DIRECTOR 2.00 X 0 0 0 CARMEN ORTIZ-MCGHEE CHIEF OPERATING OFFICER 40.00 X 530092 0 41880 TINA MCINTYRE SVP & CHIEF FINANCIAL OFFICER 40.00 X 400092 0 46288 MARISSA MAHONEY DIRECTOR OF PARTNERSHIPS AND ALLIANCES 40.00 X 145000 0 14222 DAWN SIMMONS OFFICE MANAGER 40.00 X 100090 0 29715 2125415 0 160588 5 0 1 0 FRUITION CONSULTING 501 W BROADWAY PLAZA A SUITE SAN DIEGO CA 92101 CONSULTING 233250 THE RABEN GROUP 1341 G STREET NW FLOOR 5 WASHINGTON DC 20005 CONSULTING 195000 2 1725253 2520000 4245253 CONFERENCE SPONSORSHIP 900099 715000 715000 PROGRAM INCOME 900099 150050 150050 CONFERENCE REGISTRATIO 900099 51010 51010 916060 24380 24380 OTHER INCOME 900099 1536 1536 1536 5187229 917596 0 24380 X 1996976 1697430 299546 371895 316111 55784 70345 59794 10551 93500 79475 14025 10000 8500 1500 5320 5320 483628 411084 72544 37442 31826 5616 22161 18837 3324 23066 19606 3460 3300 2805 495 123213 104731 18482 15271 12980 2291 5283 4491 792 PROGRAMS 985791 842049 143742 DUES AND SUBSCRIPTIONS 26920 22882 4038 OTHER EXPENSES 26905 22868 4037 4301016 3655469 645547 0 685962 592803 695433 550939 53937 439000 1255000 1555000 10000 2247 127000 117280 23887 9720 536952 928465 3627 550 3267045 4076477 67058 57296 72750 108925 139808 166221 X 3127237 3910256 3127237 3910256 3267045 4076477 886213 -108514 5320 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14995 10136 4859 112005 107144 4861 9720 CERTIFICATE OF DEPOSIT 25685 C INVESTMENTS 902780 F 928465 X 5078715 -108514 -108514 5187229 0 5187229 4295696 0 4295696 5320 5320 4301016 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND THE APPLICABLE INCOME TAX LAWS AND REGULATIONS OF THE DISTRICT OF COLUMBIA. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NAIC AND ITS SUBSIDIARIES PERFORMED EVALUATIONS OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAXEXEMPT STATUS. AS OF DECEMBER 31, 2022, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2019 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE COMPANY FILES TAX RETURN. X X X X X 0 0 0 ROBERT GREENE PRESIDENT & CEO 500141 0 0 0 450000 0 13200 0 15283 0 978624 0 0 0 CARMEN ORTIZ-MCGHEE CHIEF OPERATING OFFICER 325092 0 0 0 205000 0 2600 0 39280 0 571972 0 0 0 TINA MCINTYRE SVP & CHIEF FINANCIAL OFFICER 260092 0 0 0 140000 0 13200 0 33088 0 446380 0 0 0 ROBERT GREENE PRESIDENT & CEO SPLIT-DOLLAR ARRANGEMENT X 325000 1555000 0 1 1 1555000 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER WORKS WITH THE CFO TO ENSURE THE ACCURATE AND COMPREHENSIVE COMPLETION OF THE FORM 990. THE EXECUTIVE COMMITTEE OF THE BOD, OR A MEMBER OF THE EXECUTIVE COMMITTEE, AND/OR THE CFO, REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE PRESIDENT & CEO AND THE BOARD OF DIRECTORS (BOD). DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS OCCURS AT THE EXECUTIVE COMMITTEE LEVEL. ACTUAL CONFLICTS OF INTERESTS ARE REVIEWED FIRST AT THE EXECUTIVE COMMITTEE LEVEL, THEN BY THE ENTIRE BOARD OF DIRECTORS. ONCE A PERSON IS DETERMINED TO HAVE A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OF THE BOD WILL NOTIFY THAT PERSON IN QUESTION IN WRITING OF ITS CONFLICT OF INTEREST FINDING(S). THE EXECUTIVE COMMITTEE WILL THEN CONVENE A SPECIAL MEETING WITH THE PARTY IN QUESTION TO DISCUSS THE MATTER AND TO GIVE THE PERSON THE OPPORTUNITY TO RESPOND TO THE CONFLICT OF INTEREST ALLEGATION BOTH VERBALLY AND IN WRITING. THE CHAIRMAN OF THE BOD WILL THEN CONVENE A SPECIAL MEETING OF THE ENTIRE BOD TO SHARE THE EXECUTIVE COMMITTEE'S FINDINGS AND THE MINUTES FROM THE IN-PERSON MEETING WITH THE PERSON IN QUESTION AS WELL AS THE PERSON IN QUESTION'S WRITTEN RESPONSE TO THE CONFLICT OF INTEREST ALLEGATION. THE BOD WILL DELIBERATE, THEN DETERMINE WHAT PENALTIES AND RESTRICTIONS WILL BE APPLIED TO THE PERSON IN QUESTION. THE PERSON IN QUESTION WILL NOT PARTICIPATE IN ANY BOD MEETINGS THAT ARE CONVENED TO DISCUSS THEIR RESPECTIVE CONFLICT OF INTEREST ISSUE. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWS SALARY PACKAGES OF DIRECTORS, OFFICERS AND KEY EMPLOYEES ONCE A YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT AND OTHERS: PROGRAM SERVICE EXPENSES 411,084. MANAGEMENT AND GENERAL EXPENSES 72,544. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 483,628. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. COMMUNITAS CAPITAL 1300 PENNSYLVANIA AVENUE NW SUITE 7 WASHINGTON DC 20004 463378618 FACILITATES THE INVESTMENT IN OPERATING COMPANIES LOCATED IN LOW-INCOME COMM DE NATIONAL ASSOCIATION OF INVESTMENT COMPANIES INC N/A 0 0 0.99990 NAIC MANAGEMENT GROUP INC 1300 PENNSYLVANIA AVENUE NW SUITE 7 WASHINGTON DC 20004 521846750 FACILITATES THE ESTABLISHMENT OF EQUITY AND DEBT FINANCING VEHICLES. DE NATIONAL ASSOCIATION OF INVESTMENT COMPANIES INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0