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Nonprofit · EIN 13-3314582

NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS

Tax-exempt · WASHINGTON, DC 20006

Financials

$1.8M$2.3M2022$2M$2M2023$1.1M$840K2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,135,863$840,146$295,717$1,395,148$1,046,134$349,014
December 31, 2023990$1,995,160$1,952,665$42,495$1,225,065$1,467,697-$242,632
December 31, 2022990$1,844,600$2,295,827-$451,227$418,011$845,886-$427,875
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$294,575
Investment income
$59
Net income from fundraising events
$841,229
Other revenue
$841,229

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$354,026
Salaries, compensation and benefits (total)
$354,026
Professional fundraising fees
$0
Legal fees
$31,828
Accounting fees
$102,916
Occupancy
$126,340
Travel
$22,801
Depreciation
$240
Program services (functional)
$705,162
Management and general (functional)
$241,611

Balance sheet and other

Total assets, start of year
$964,123
Total assets, end of year
$1,395,148
Total liabilities, end of year
$1,046,134
Net assets, end of year
$349,014
Net assets with donor restrictions
$349,014
Gross unrelated business income
$59
Gross receipts
$1,983,315
Employees
2
Year formed
1985
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Miguel ThamesPresident CEO
Trustee or director, Officer, Key employee, Highest-paid employee
40$302,400
Guy T LoganImediate Past Chair
Trustee or director, Officer
1$0
Marcelia FreemanDirector
Trustee or director
1$0
James F HaddonDictor
Trustee or director
1$0
Linda JordonDirctor
Trustee or director
1$0
Marques HighlandTreasurer
Trustee or director, Officer
2$0
Antoinette BingDirector
Trustee or director
1$0
Reese BlairDirector
Trustee or director
1$0
Camlle EvansSecretary
Trustee or director, Officer
2$0
Malik MurrayDirector
Trustee or director
1$0
Dale FavorsDirector
Trustee or director
1$0
Erik HallChair
Trustee or director, Officer
5$0
Corey MayoDirector
Trustee or director
1$0
DeAnna I JonesDirector
Trustee or director
1$0
Arthur McClearinDirector
Trustee or director
1$0
15 more people on this return
NameTitleHours / weekCompensation
Kweku ObedDirector
Trustee or director
1$0
Lee StephensDirector
Trustee or director
1$0
Stephanie RobertsDirector
Trustee or director
1$0
Richard TurnleyDirector
Trustee or director
1$0
Kathleen ColinDirector
Trustee or director
1$0
Kia WeaverChari - Elect
Trustee or director, Officer
2$0
Gary FlowersDirector
Trustee or director
1$0
Adam RouseDirector
Trustee or director
1$0
Jarren WareDirector
Trustee or director
1$0
Anton BrittonDirector
Trustee or director
1$0
Clarence WilliamsDirector
Trustee or director
1$0
Angela MathenyDirector
Trustee or director
1$0
Avery RobinsonDirectior
Trustee or director
1$0
Paul ThornellDirector
Trustee or director
1$0
Jasmine N RichardsDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 30 people
NameTitleHours / weekCompensation
Ronald ParkerPresident CEO
Trustee or director, Officer, Key employee, Highest-paid employee
60$302,400
Guy T LoganImediate Past Chair
Trustee or director, Officer
1$0
Marcelia FreemanBoard Member
Trustee or director
1$0
James F HaddonBoard Member
Trustee or director
1$0
Linda JordanSecretary
Trustee or director, Officer
2$0
David Baker LewisEx Officio
Trustee or director
2$0
Dyce Ellis-BeckhamBoard Member
Trustee or director
1$0
Reese BlairBoard Member
Trustee or director
1$0
Camlle EvansBoard Member
Trustee or director
1$0
Malik MurrayBoard Member
Trustee or director
1$0
Dale FavorsBoard Member
Trustee or director
1$0
Erik HallChair Elect
Trustee or director, Officer
5$0
Miguel ThamesBoard Member
Trustee or director
1$0
Dale FavorsBoard Member
Trustee or director
1$0
Arthur McClainBoard Member
Trustee or director
1$0
Deirdre Guice MinorBoard Member
Trustee or director
1$0
Gary FlowersBoard Member
Trustee or director
1$0
Jasmin RichardsBoard Member
Trustee or director
1$0
Lee StephensBoard Member
Trustee or director
1$0
Stephanie RobertsBoard Member
Trustee or director
1$0
Richard TurnleyChair
Trustee or director, Officer
5$0
Kathleen ColinBoard Member
Trustee or director
1$0
Gennell JeffersonBoard Member
Trustee or director
1$0
Norice R RiceBoard Member
Trustee or director
1$0
Paul ThornellBoard Member
Trustee or director
1$0
Kila WeaverTreasurer
Trustee or director, Officer
1$0
Cynthia DibartoldBoard Member
Trustee or director
1$0
Clarence WilliamsBoard Member
Trustee or director
1$0
Nadin MentorBoard Member
Trustee or director
1$0
Avery RobinsonBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2022: 32 people
NameTitleHours / weekCompensation
Guy T LoganImediate Past Chair
Trustee or director, Officer
1$0
Marcelia FreemanBoard Member
Trustee or director
1$0
James F HaddonBoard Member
Trustee or director
1$0
Linda JordanSecretary
Trustee or director, Officer
2$0
David Baker LewisEx Officio
Trustee or director
2$0
Ronald ParkerPresident CEO
Trustee or director, Officer, Key employee, Highest-paid employee
60$0
Dyce Ellis-BeckhamBoard Member
Trustee or director
1$0
Reese BlairBoard Member
Trustee or director
1$0
Camlle EvansBoard Member
Trustee or director
1$0
Malik MurrayBoard Member
Trustee or director
1$0
Dale FavorsBoard Member
Trustee or director
1$0
Erik HallChair Elect
Trustee or director, Officer
5$0
Miguel ThamesBoard Member
Trustee or director
1$0
Dale FavorsBoard Member
Trustee or director
1$0
Arthur McClainBoard Member
Trustee or director
1$0
Deirdre Guice MinorBoard Member
Trustee or director
1$0
Gary FlowersBoard Member
Trustee or director
1$0
Jasmin RichardsBoard Member
Trustee or director
1$0
Lee StephensBoard Member
Trustee or director
1$0
Stephanie RobertsBoard Member
Trustee or director
1$0
Richard TurnleyChair
Trustee or director, Officer
5$0
Kathleen ColinBoard Member
Trustee or director
1$0
Gennell JeffersonBoard Member
Trustee or director
1$0
Norice R RiceBoard Member
Trustee or director
1$0
Paul ThornellBoard Member
Trustee or director
1$0
Kila WeaverTreasurer
Trustee or director, Officer
1$0
Cynthia DibartoldBoard Member
Trustee or director
1$0
Clarence WilliamsBoard Member
Trustee or director
1$0
Nadin MentorBoard Member
Trustee or director
1$0
Avery RobinsonBoard Member
Trustee or director
1$0
Sidney DillardBoard Member
Trustee or director
1$0
Marques HighlandBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1600 K STREET NW, WASHINGTON, DC 20006-2806
In care of
% MIGUEL THAMES
Principal officer (990 for 2024)
Miguel Thames, 1600 K Street APT 600, Washington, DC 20006
Signed the 990
Miguel Thames, PresidentCEO
Phone
(202) 371-5535
Return prepared by
BANKS FINLEY WHITE & CO

Mission

A resource for the minority community at large and minority professionals within the securities and investments industry by providing opportunities to share about the securities markets, including functioning as a repository for information regarding current trends, facilitating educational seminars, and creating networking opportunities.

990 for the year ended December 31, 2024

Program accomplishments

  • Conferences and Programs. The Annual Pension and Financial Services Conference is NASPs signature event where leaders conduct educational and professional development workshops for the members and others who support NASPs objective, mission and goal of advocating full inclusion of people of color and women in the financial services industry. Also, the Annual Legislative Conference is to educate members on legislative issues and policies that effect our members. At the Diverse and Emerging Manager Forum, CIOs, Foundaion professionals and asset managers gather to discuss diversity and inclusion in the financial industry. The Consultant Retreat provides the space for minority owned asset management firms and consultants to dialogue and develop potential business relationships in a retreat-like setting.
    Expenses $847,452

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3314582
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
5867 (1 member organizations)
Assets (IRS master file)
$1,395,148
Income (IRS master file)
$1,983,315

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,135,863$840,146$1,395,148IRS
990December 2023$1,995,160$1,952,665$1,225,065XML
990December 2022$1,844,600$2,295,827$418,011XML
990December 2021$1,369,032$1,338,785$381,412IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3314582).

Questions about NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS

What is the EIN of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS?
The employer identification number (EIN) of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS is 13-3314582.
Is NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
Are donations to NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS?
The 990 for the year ended December 31, 2024 names Miguel Thames.
Who are the officers and directors of NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS?
The 990 for the year ended December 31, 2024 lists 30 people; 1 received compensation from the organization, the highest $302,400 (Miguel Thames, President CEO).
How much revenue does NATIONAL ASSOCIATION OF SECURITIES PROFESSIONALS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,135,863, expenses of $840,146 and total assets of $1,395,148 at year end.

Organizations in its group exemption (1)

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