Nonprofit · EIN 51-0470980
ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC
Tax-exempt · INDIANAPOLIS, IN 46240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,466,629 | $4,142,362 | $324,267 | $5,824,547 | $1,221,815 | $4,602,732 |
| December 31, 2023 | 990 | $4,750,232 | $4,143,008 | $607,224 | $4,792,797 | $521,069 | $4,271,728 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,234,222
- Investment income
- $232,407
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $15,000
- Compensation of officers, directors and key employees
- $338,710
- Other salaries and wages
- $517,075
- Salaries, compensation and benefits (total)
- $946,053
- Professional fundraising fees
- $0
- Legal fees
- $11,159
- Accounting fees
- $120,863
- Occupancy
- $24,238
- Travel
- $219,864
- Depreciation
- $14,894
Balance sheet and other
- Total assets, start of year
- $4,792,797
- Total assets, end of year
- $5,824,547
- Total liabilities, end of year
- $1,221,815
- Net assets, end of year
- $4,602,732
- Land, buildings and equipment
- $12,842
- Net assets without donor restrictions
- $4,602,732
- Gross receipts
- $4,466,629
- Employees
- 4
- Volunteers
- 16
- Year formed
- 2003
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN HARRISON | EXECUTIVE DIRECTOR/CEO Officer | 40 | $285,729 | $52,981 |
| TANISHA BIBBS | DIRECTOR OF BUSINESS DEVEL Highest-paid employee | 40 | $194,605 | $14,278 |
| ERIN BALCERZAK | DIRECTOR OF MEMBERSHIP & D Highest-paid employee | 40 | $115,698 | $10,205 |
| JENNIFER FITZGERALD | DIRECTOR OF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $105,775 | $19,300 |
| JADE MILLER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW IAK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARK KOSANKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CATHERINE BOWMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANGELA BARBERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAT DELLORSO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTY HUTCHISON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KYLE KADISH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SYLVIA KWAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN F LOVELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG MAUSZ | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN GRADY | PRESIDENT - ELECT Trustee or director | 1 | $0 |
| ANN K MOORE | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 |
| DAVID PITTMAN | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 |
| AMANDA TEEPLE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL UNDERHILL | IMMEDIATE PAST PRESIDENT Trustee or director | 1 | $0 |
| BRAD UPDIKE | DIRECTOR Trustee or director | 1 | $0 |
| JOANNA VENETCH | DIRECTOR Trustee or director | 1 | $0 |
| DAVID WILSON | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN HARRISON | EXECUTIVE DIRECTOR/CEO Officer | 40 | $309,035 | $40,359 |
| TANISHA BIBBS | DIRECTOR OF BUSINESS DEVELOPMENT & EVENTS Highest-paid employee | 40 | $186,853 | $22,751 |
| ERIN BALCERZAK | DIRECTOR OF MEMBERSHIP & DATA SERVICES Highest-paid employee | 40 | $106,570 | $15,020 |
| MICHAEL UNDERHILL | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GRADY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARK KOSANKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CATHERINE BOWMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANGELA BARBERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERRI COOKE | IMMEDIATE PAST PRESIDENT Trustee or director | 1 | $0 | $0 |
| MAT DELLORSO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW IAK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARLTON KLEIS | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 | $0 |
| SYLVIA KWAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN F LOVELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG MAUSZ | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 | $0 |
| JADE MILLER | PRESIDENT - ELECT Trustee or director | 1 | $0 | $0 |
| ANN K MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID PITTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF SHAFER | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 | $0 |
| AMANDA TEEPLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD UPDIKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID WILSON | DIRECTOR-AT-LARGE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 510 E 96TH ST STE 120, INDIANAPOLIS, IN 46240-4046
- Mailing address (990-N for 2014)
- 10401 N Meridian Street Suite 202, Indianapolis IN 46290
- Principal officer (990 for 2024)
- JOHN GRADY, 450 EAST 96TH STREET 185, INDIANAPOLIS, IN 46240
- Principal officer (990-N for 2014)
- John P Harrison, 10401 N Meridian Street Suite 202, Indianapolis IN 46290
- Signed the 990
- JOHN GRADY, EXECUTIVE DIRECTOR
- Phone
- (317) 663-4180
- Website
- www.adisa.org
- Return prepared by
- BLUE & CO LLC
Mission
THE ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION IS A NATIONAL TRADE ASSOCIATION SERVING PROFESSIONALS WHO OFFER AND DISTRIBUTE ALL FORMS OF ALTERNATIVE AND DIRECT INVESTMENTS.
Program accomplishments
- EDUCATIONAL CONFERENCES: SEMINARS AND CONFERENCES ARE HELD THROUGHOUT THE YEAR. THESE CONFERENCES ARE FOR MEMBER COMPANY OWNERS AND OTHERS. REGULAR MEMBERSHIP MEETINGS: REGULAR MEETINGS ARE HELD TO EDUCATE AND INFORM MEMBERS AND OTHERS ON SUBJECTS RELATED TO NON-TRADED ALTERNATIVE INVESTMENT ISSUES.
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 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0470980
- 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)
- $4,544,810
- Income (IRS master file)
- $4,390,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,466,629 | $4,142,362 | $5,824,547 | XML |
| 990 | December 2023 | $4,750,232 | $4,143,008 | $4,792,797 | XML |
| 990 | December 2022 | $4,470,817 | $3,509,056 | $4,271,776 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: John P Harrison | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 51-0470980).
Questions about ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC
- What is the EIN of ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC?
- The employer identification number (EIN) of ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC is 51-0470980.
- Is ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION 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 ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION 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 ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC 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 ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JOHN GRADY.
- Who are the officers and directors of ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 4 received compensation from the organization, the highest $285,729 (JOHN HARRISON, EXECUTIVE DIRECTOR/CEO).
- How much revenue does ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,466,629, expenses of $4,142,362 and total assets of $5,824,547 at year end.
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