Nonprofit · EIN 20-0587793
FINANCIAL SERVICES INSTITUTE INC
Tax-exempt · WASHINGTON, DC 20004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $11,589,337 | $11,554,113 | $35,224 | $14,052,226 | $7,587,711 | $6,464,515 |
| December 31, 2024 | 990 | $12,075,796 | $12,035,984 | $39,812 | $15,058,119 | $7,362,979 | $7,695,140 |
| December 31, 2023 | 990 | $10,995,600 | $10,920,480 | $75,120 | $15,672,523 | $10,074,555 | $5,597,968 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,973,608
- Investment income
- $536,993
- Net gain from sales of assets
- $109,670
- Other revenue
- $78,736
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,441,478
- Other salaries and wages
- $2,250,633
- Salaries, compensation and benefits (total)
- $7,010,106
- Professional fundraising fees
- $0
- Legal fees
- $572,580
- Occupancy
- $703,250
- Travel
- $61,044
- Depreciation
- $47,376
Balance sheet and other
- Total assets, start of year
- $15,058,119
- Total assets, end of year
- $14,052,226
- Total liabilities, end of year
- $7,587,711
- Net assets, end of year
- $6,464,515
- Land, buildings and equipment
- $144,758
- Net assets without donor restrictions
- $6,464,515
- Gross unrelated business income
- $36,081
- Gross receipts
- $11,792,461
- Employees
- 23
- Volunteers
- 21
- Year formed
- 2004
- State of legal domicile
- GA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID BELLAIRE | EXEC VP & GENERAL COUNSEL Officer | 40 | $1,432,264 | $151,606 |
| DALE BROWN | PRESIDENT & CEO Trustee or director, Officer | 40 | $939,692 | $189,242 |
| BRETT MCALLISTER | SVP, FINANCE, OPS & BUS ST Key employee | 40 | $628,090 | $100,584 |
| MICHELLE ALLGAUER | SVP, EDUCATION & ENG Highest-paid employee | 40 | $501,890 | $86,472 |
| KATHRYN ANDERSON | SVP, GROWTH & STRAT PART Highest-paid employee | 40 | $349,286 | $83,955 |
| ROBIN TRAXLER | SVP, POLICY & DEP GEN CO Highest-paid employee | 40 | $396,101 | $30,005 |
| HANNA LAVER | LEGISLATIVE AFFAIRS & SENIOR COUNSEL Highest-paid employee | 40 | $227,809 | $34,881 |
| RENEE BARNETT | VP, FED REG AFFAIRS Highest-paid employee | 40 | $203,935 | $36,759 |
| TIM STINSON | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CHRISTINE BYRNE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMIE PRICE | PAST CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| STEPHEN LANGLOIS | FSI PAC CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| VON COOK | FINANCE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| LIBET ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| GARY BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX DAVID | MEMBER Trustee or director | 1 | $0 |
| ED FORST | MEMBER Trustee or director | 4 | $0 |
| DAVID KNOCH | MEMBER Trustee or director | 1 | $0 |
| ADAM MALAMED | MEMBER Trustee or director | 1 | $0 |
| THOMAS MCCARTNEY | MEMBER Trustee or director | 1 | $0 |
| ROBERT MILMORE | MEMBER Trustee or director | 1 | $0 |
| ROB MOLINARI | MEMBER Trustee or director | 1 | $0 |
| CHRIS PERRY | MEMBER Trustee or director | 1 | $0 |
| SHANNON REID | MEMBER Trustee or director | 1 | $0 |
| EMILY SCHLOSSER | MEMBER Trustee or director | 1 | $0 |
| MARY STEELE | MEMBER Trustee or director | 1 | $0 |
| MARK STEFFE | MEMBER Trustee or director | 1 | $0 |
| AMY WEBBER | MEMBER Trustee or director | 1 | $0 |
| BEN WUERFFEL | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DALE BROWN | PRESIDENT & CEO Trustee or director, Officer | 40 | $1,430,166 | $261,044 |
| DAVID BELLAIRE | EXEC VP & GENERAL COUNSEL Officer | 40 | $690,492 | $152,609 |
| BRETT MCALLISTER | SVP, FINANCE, OPS & BUS STRAT Key employee | 40 | $600,884 | $111,305 |
| ROBIN TRAXLER | SVP, POLICY & DEP GEN CO Highest-paid employee | 40 | $477,580 | $102,101 |
| MICHELLE ALLGAUER | SVP, EDUCATION & ENG Highest-paid employee | 40 | $480,020 | $88,725 |
| RENEE BARNETT | VP, FED REG AFFAIRS Highest-paid employee | 40 | $343,818 | $84,852 |
| KATHRYN ANDERSON | SVP, GROWTH & STRAT PART Highest-paid employee | 40 | $318,101 | $84,032 |
| CHRISTOPHER PAULITZ | HEAD, STRAT. INITIATIVES Highest-paid employee | 40 | $321,385 | $34,684 |
| JAMIE PRICE | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| SCOTT SPIKER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| TIM STINSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CHRISTINE BYRNE | CHAIR, FINANCE COMMITTEE Trustee or director, Officer | 1 | $0 | $0 |
| DOUG KETTERER | FSI PAC CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ED FORST | MEMBER Trustee or director | 4 | $0 | $0 |
| JODI PERRY | MEMBER Trustee or director | 4 | $0 | $0 |
| VON COOK | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEX DAVID | MEMBER Trustee or director | 1 | $0 | $0 |
| MARY BETH HOFMEISTER | MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM MALAMED | MEMBER Trustee or director | 1 | $0 | $0 |
| LIBET ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISE BARROWS | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM MCCARTNEY | MEMBER Trustee or director | 1 | $0 | $0 |
| EMILY SCHLOSSER | MEMBER Trustee or director | 1 | $0 | $0 |
| MARY STEELE | MEMBER Trustee or director | 1 | $0 | $0 |
| MARC SQUIRES | MEMBER Trustee or director | 1 | $0 | $0 |
| BEN WUERFFEL | MEMBER Trustee or director | 1 | $0 | $0 |
| AMY WEBBER | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID KNOCH | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHEN LANGLOIS | MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT MILMORE | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN ROONEY | MEMBER Trustee or director | 1 | $0 | $0 |
| GWEN WEITHAUS | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DALE BROWN | PRESIDENT & CEO Trustee or director, Officer | 40 | $858,815 | $138,379 |
| BRETT MCALLISTER | SVP, FINANCE, OPS, & BUS S Key employee | 40 | $705,210 | $70,344 |
| DAVID BELLAIRE | EXEC VP & GENERAL COUNSEL Officer | 40 | $602,429 | $92,124 |
| ROBIN TRAXLER | SVP, POLICY AND DEP GEN CO Key employee | 40 | $593,716 | $56,218 |
| MICHELLE ALLGAUER | SVP, EDUCATION AND ENGMNT Key employee | 40 | $450,162 | $59,333 |
| CHRISTOPHER PAULITZ | HEAD, STRAT. INITIATIVES Key employee | 40 | $324,147 | $62,986 |
| RENEE BARNETT | DIR FED REG AFFAIRS, SR CN Key employee | 40 | $307,619 | $41,758 |
| KEVIN WHITEHEAD | VP, BUSINESS DEVELOPMENT Key employee | 40 | $286,893 | $50,872 |
| KATHRYN ANDERSON | VP, CORPORATE RELATIONS Key employee | 40 | $236,425 | $45,877 |
| DAN BARRY | DIR STATE LEG AFFAIRS Key employee | 40 | $169,490 | $30,661 |
| HANNA LAVER | DIR LEG AFFAIRS & SR CNSL Key employee | 40 | $168,722 | $9,418 |
| NICOLE BROWN | AVP, PEOPLE & CULTURE Key employee | 40 | $164,142 | $8,101 |
| JEREMY SAMUEL BRONHEIM | CONTROLLER & ASSOC. VP, OPERATIONS Highest-paid employee | 40 | $151,463 | $8,329 |
| MATTHEW LANDERS | DIR POLITICAL ENGMNT Highest-paid employee | 40 | $143,687 | $14,480 |
| ALLISON MUSCHLER | ASSOC. VP, MARKETING & COMMS. Highest-paid employee | 40 | $129,582 | $24,328 |
| WANDA SUE BLEVINS | DIR. CUSTOMER REL. SYSTEM & REV. Highest-paid employee | 40 | $123,083 | $23,262 |
| CHRISTINE BERMINGHAM | DIR. MEMBER ENGAGEMENT Highest-paid employee | 40 | $114,701 | $13,275 |
| SCOTT SPIKER | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ED FORST | IMMEDIATE PAST CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| JAMIE PRICE | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| JODI PERRY | CHAIR, FINANCE COMMITTEE Trustee or director, Officer | 4 | $0 | $0 |
| TIM STINSON | FSI PAC CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CHRISTINE BYRNE | MEMBER Trustee or director | 1 | $0 | $0 |
| VON COOK | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEX DAVID | MEMBER Trustee or director | 1 | $0 | $0 |
| MARY BETH HOFMEISTER | MEMBER Trustee or director | 1 | $0 | $0 |
| DOUG KETTERER | MEMBER Trustee or director | 1 | $0 | $0 |
| BOB OROS | MEMBER Trustee or director | 1 | $0 | $0 |
| LIBET ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISE BARROWS | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM SANTUCCI | MEMBER Trustee or director | 1 | $0 | $0 |
| EMILY SCHLOSSER | MEMBER Trustee or director | 1 | $0 | $0 |
| EVAMARIE SCHOENBORN | MEMBER Trustee or director | 1 | $0 | $0 |
| MARC SQUIRES | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE HORN | MEMBER Trustee or director | 1 | $0 | $0 |
| AMY WEBBER | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID KNOCH | MEMBER Trustee or director | 1 | $0 | $0 |
| SEEPHEN LANGLOIS | MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT MILMORE | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN ROONEY | MEMBER Trustee or director | 1 | $0 | $0 |
| GWEN WEITHAUS | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 PENNSYLVANIA AVE NW STE 700, WASHINGTON, DC 20004-2459
- In care of
- % DALE E BROWN
- Principal officer (990 for 2025)
- DALE BROWN, 1201 PENNSYLVANIA AVE NW 700, WASHINGTON, DC 20004
- Signed the 990
- DALE BROWN, PRESIDENT & CEO
- Phone
- (888) 373-1840
- Website
- WWW.FINANCIALSERVICES.ORG
- Return prepared by
- RENNER AND COMPANY CPA PC
Mission
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.
Program accomplishments
- TO PROVIDE SUPPORT TO INDEPENDENT FINANCIAL ADVISORS AND FINANCIAL SERVICES FIRMS THROUGH CONSTRUCTIVE ADVOCACY WITH FEDERAL AND STATE REGULATORS AND LEGISLATORS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0587793
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $14,052,226
- Income (IRS master file)
- $11,792,461
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $11,589,337 | $11,554,113 | $14,052,226 | XML |
| 990 | December 2024 | $12,075,796 | $12,035,984 | $15,058,119 | XML |
| 990 | December 2023 | $10,995,600 | $10,920,480 | $15,672,523 | XML |
| 990 | December 2022 | $10,638,881 | $10,345,882 | $15,775,442 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 20-0587793).
Questions about FINANCIAL SERVICES INSTITUTE INC
- What is the EIN of FINANCIAL SERVICES INSTITUTE INC?
- The employer identification number (EIN) of FINANCIAL SERVICES INSTITUTE INC is 20-0587793.
- Is FINANCIAL SERVICES INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to FINANCIAL SERVICES INSTITUTE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FINANCIAL SERVICES INSTITUTE INC 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 FINANCIAL SERVICES INSTITUTE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINANCIAL SERVICES INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FINANCIAL SERVICES INSTITUTE INC?
- The 990 for the year ended December 31, 2025 names DALE BROWN.
- Who are the officers and directors of FINANCIAL SERVICES INSTITUTE INC?
- The 990 for the year ended December 31, 2025 lists 29 people; 8 received compensation from the organization, the highest $1,432,264 (DAVID BELLAIRE, EXEC VP & GENERAL COUNSEL).
- How much revenue does FINANCIAL SERVICES INSTITUTE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $11,589,337, expenses of $11,554,113 and total assets of $14,052,226 at year end.
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