2022-06-17T11:52:54-05:00 2021-12-31 541498950 RENNER AND COMPANY CPA PC 700 NORTH FAIRFAX STREET SUITE 400 ALEXANDRIA VA 22314 990 2021-01-01 200587793 FINANCIAL SERVICES INSTITUTE INC FINA 8883731840 1201 PENNSYLVANIA AVE NW 700 WASHINGTON DC 20004 DALE BROWN PRESIDENT & CEO 8883731840 2022-06-14 1 DALE BROWN 999009999 ANDREW E YOUNG CPA CGMA MBA P01203950 7035351200 2022-06-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DALE BROWN 1201 PENNSYLVANIA AVE NW 700 WASHINGTON DC 20004 9484774 0 X WWW.FINANCIALSERVICES.ORG X 2004 GA TO CREATE A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. 19 19 21 19 42756 35327 0 0 10525249 9481348 125146 31362 60222 -27936 10710617 9484774 0 0 0 0 6259879 5856544 0 0 0 3665563 3350792 9925442 9207336 785175 277438 14528941 15307729 9576530 10077880 4952411 5229849 FINANCIAL SERVICES INSTITUTE'S MISSION IS TO CREATE A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. 0 0 TO PROVIDE SUPPORT TO INDEPENDENT FINANCIAL ADVISORS AND FINANCIAL SERVICES FIRMS THROUGH CONSTRUCTIVE ADVOCACY WITH FEDERAL AND STATE REGULATORS AND LEGISLATORS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 27 0 21 1 1 1 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRETT MCALLISTER 8883731840 1201 PENNSYLVANIA AVE NW SUITE 700 WASHINGTON DC 20004 JAMES POER CHAIR 4.00 X X 0 0 0 JOHN ROONEY IMMEDIATE PAST CHAIR 4.00 X X 0 0 0 ED FORST VICE CHAIR 4.00 X X 0 0 0 DENISE BARROWS CHAIR, FINANCE COMMITTEE 4.00 X X 0 0 0 SCOTT SPIKER CHAIR, FSI PAC BOARD 4.00 X X 0 0 0 CHRISTINE BYRNE MEMBER 1.00 X 0 0 0 KENT CHRISTIAN MEMBER 1.00 X 0 0 0 JIM CROWLEY MEMBER 1.00 X 0 0 0 MARY BETH HOFMEISTER MEMBER 1.00 X 0 0 0 STEVEN HORN MEMBER 1.00 X 0 0 0 DOUG KETTERER MEMBER 1.00 X 0 0 0 BOB OROS MEMBER 1.00 X 0 0 0 CHRIS PERRY MEMBER 1.00 X 0 0 0 JODI PERRY MEMBER 1.00 X 0 0 0 JAMIE PRICE MEMBER 1.00 X 0 0 0 TOM SANTUCCI MEMBER 1.00 X 0 0 0 EVAMARIE SCHOENBORN MEMBER 1.00 X 0 0 0 MARC SQUIRES MEMBER 1.00 X 0 0 0 TIM STINSON MEMBER 1.00 X 0 0 0 DALE BROWN PRESIDENT & CEO 40.00 X X 780947 0 122840 DAVID BELLAIRE EXEC VP & GENERAL COUNSEL 40.00 X 552750 0 82845 BRETT MCALLISTER SVP, FINANCE, OPERATIONS 40.00 X 542088 0 65299 CHRISTOPHER PAULITZ HEAD, STRAT. INITIATIVES 40.00 X 397372 0 53270 ROBIN TRAXLER SVP, POLICY AND DEP GEN COUNSEL 40.00 X 469031 0 47097 KEVIN WHITEHEAD VP, BUSINESS DEVELOPMENT 40.00 X 237895 0 40882 MICHELLE ALLGAUER SVP, EDUCATION AND ENGAGEMENT 40.00 X 369752 0 48619 KATHRYN ANDERSON VP, CORPORATE RELATIONS 40.00 X 199917 0 36776 RENEE BARNETT DIR FED REG AFFAIRS & SR CNSL 40.00 X 212404 0 12390 NICOLE BROWN AVP, PEOPLE & CULTURE 40.00 X 144989 0 8166 JEREMY BRONHEIM CONTROLLER 40.00 X 104759 0 12739 MATTHEW LANDERS DIR POLITICAL ENGMNT 40.00 X 117447 0 9788 DAN BARRY DIR STATE LEG AFFAIRS 40.00 X 149846 0 19200 HANNA LAVER DIR LEG AFFAIRS & SR CNSL 40.00 X 147907 0 8476 4427104 0 568387 14 0 1 0 EVERSHEDS SUTHERLAND LLP 700 SIXTH STREET NW SUITE 700 WASHINGTON DC 20001 LEGAL SERVICES 217946 THORN RUN PARTNERS LLC 100 M STREET SE WASHINGTON DC 20003 PUBLIC RELATIONS 180000 HAVENTOWER GROUP LLC 212 26TH STREET SUITE 103 SANTA MONICA CA 90402 CONSULTING 126704 3 MEMBERSHIP DUES 900009 7664458 7664458 SPONSORSHIP REVENUE 900009 1369712 1369712 CONFERENCE AND SPECIAL 900009 373422 373422 ADVERTISING 581400 42756 42756 EXHIBIT INCOME 900009 31000 31000 9481348 31362 31362 OTHER INCOME 900099 -27936 -27936 -27936 9484774 9379656 42756 62362 4272173 695999 316313 319067 252992 95178 277270 134272 152095 175110 719324 26147 455896 80644 17809 REGULATORY EXPENSES 410694 LEGISLATIVE EXPENSES 302452 MEMBERSHIP EXPENSES 190741 PERSONNEL EXPENSES & DE 127766 185394 9207336 1717950 2213006 6508844 6540197 22662 0 169224 288127 823377 569358 299569 254019 5810692 6012380 14528941 15307729 823948 659060 1754945 2255615 6997637 7163205 9576530 10077880 X 4952411 5229849 0 4952411 5229849 14528941 15307729 277438 0 X X 0 1 X 1 0 FINANCIAL SERVICE INSTITUTE PAC 1201 PENNSYLVANIA AVE NW SUITE 70 WASHINGTON DC 20004 200587793 1 0 0 PART I-A, LINE 1: ADMINISTERED THE FINANCIAL SERVICES INSTITUTE PAC. 251949 86598 165351 98956 66745 32211 472472 416015 56457 254019 CONTRIBUTIONS - 457 PLAN 1597425 RIGHT OF USE ASSET 4414955 6012380 OFFICE LEASE LIABILITY 5256178 457 PLAN PAYABLE 1907027 7163205 X PART X, LINE 2: IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ACCOUNTING STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAS TAKEN NO UNCERTAIN TAX POSITION THAT REQUIRES ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X X X X X 0 1 0 DALE BROWN PRESIDENT & CEO 629747 0 151200 0 0 0 113400 0 9440 0 903787 0 0 0 DAVID BELLAIRE EXEC VP & GENERAL COUNSEL 552750 0 0 0 0 0 73454 0 9391 0 635595 0 0 0 BRETT MCALLISTER SVP, FINANCE, OPERATIONS 468338 0 73750 0 0 0 57963 0 7336 0 607387 0 0 0 ROBIN TRAXLER SVP, POLICY AND DEP GEN COUNSEL 469031 0 0 0 0 0 42803 0 4294 0 516128 0 0 0 CHRISTOPHER PAULITZ HEAD, STRAT. INITIATIVES 358341 0 39031 0 0 0 43830 0 9440 0 450642 0 0 0 MICHELLE ALLGAUER SVP, EDUCATION AND ENGAGEMENT 317222 0 52530 0 0 0 44432 0 4187 0 418371 0 0 0 KEVIN WHITEHEAD VP, BUSINESS DEVELOPMENT 237895 0 0 0 0 0 32619 0 8263 0 278777 0 0 0 KATHRYN ANDERSON VP, CORPORATE RELATIONS 199917 0 0 0 0 0 27785 0 8991 0 236693 0 0 0 RENEE BARNETT DIR FED REG AFFAIRS & SR CNSL 212404 0 0 0 0 0 11544 0 846 0 224794 0 0 0 DAN BARRY DIR STATE LEG AFFAIRS 149846 0 0 0 0 0 8755 0 10445 0 169046 0 0 0 HANNA LAVER DIR LEG AFFAIRS & SR CNSL 147907 0 0 0 0 0 8063 0 413 0 156383 0 0 0 NICOLE BROWN AVP, PEOPLE & CULTURE 144989 0 0 0 0 0 7896 0 270 0 153155 0 0 0 PART I, LINE 4B BROWN, DALE - $96,000.00 BELLAIRE, DAVID - $56,054.00 ALLGAUER, MICHELLE - $28,892.00 ANDERSON, KATHRYN - $17,952.00 MCALLISTER, BRETT - $40,562.00 PAULITZ, CHRISTOPHER - $28,622.00 TRAXLER, ROBIN - $30,949.00 WHITEHEAD, KEVIN - $21,371.00 FORM 990, PART VI, SECTION A, LINE 6 THIS IS A MEMBERSHIP ORGANIZATION WHO IS INTERESTED IN CREATING A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL SCHEDULES WERE CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. A DEADLINE WAS ESTABLISHED FOR COMMENTS. AFTER COMMENTS WERE RECEIVED AND REVIEWED, THE FORM 990 WAS FINALIZED AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MEET EACH JANUARY AND DISCUSSES ANY POTENTIAL CONFLICT OF INTEREST AND THEN COMPLETES A FORM. FORM 990, PART VI, SECTION B, LINE 15A THE POLICY FOR DETERMINING COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE FINANCE COMMITTEE MAINTAINS OVERSIGHT OVER THE INDEPENDENT AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. FINANCIAL SERVICES INSTITUTE PAC 1201 PENNSYLVANIA AVE NW SUITE 700 WASHINGTON DC 20004 CAMPAIGN SUPPORT DC 527 N/A FINANCIAL SERVICES INSTITUTE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0