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Nonprofit · EIN 86-2302202

AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC

Tax-exempt · WASHINGTON, DC 20005

Financials

$386K$427K2023$441K$452K2024$446K$477K2025
Revenue Expenses · by fiscal year end
Financials of AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$446,461$476,904-$30,443$4,442$2,083$2,359
December 31, 2024990$441,212$452,028-$10,816$35,937$3,135$32,802
December 31, 2023990$386,258$427,457-$41,199$46,558$2,940$43,618
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$364,283
Membership dues
$364,283
Program service revenue
$82,178
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$124,493
Salaries, compensation and benefits (total)
$147,283
Professional fundraising fees
$0
Travel
$2,739
Program services (functional)
$213,869
Management and general (functional)
$242,849
Fundraising (functional)
$20,186

Balance sheet and other

Total assets, start of year
$35,937
Total assets, end of year
$4,442
Total liabilities, end of year
$2,083
Net assets, end of year
$2,359
Gross receipts
$446,461
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
DC

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.

NameTitleHours / weekCompensation
MATT HARNEYEXECUTIVE DIRECTOR
Key employee
40$124,493
LOUIS MASRYPRESIDENT
Trustee or director, Officer
2$0
BRIAN SCHACHTERPRESIDENT-ELECT
Trustee or director, Officer
2$0
JOSH FARMERTREASURER
Trustee or director, Officer
2$0
DAVID VACLAVIKSECRETARY
Trustee or director, Officer
2$0
TANIS KELLYDIRECTOR
Trustee or director
1$0
AUDREY KENNEYDIRECTOR
Trustee or director
1$0
MARCY ESPINOSA HANSONDIRECTOR
Trustee or director
1$0
CASSIE BARKETT RES SEPT 2025DIRECTOR
Trustee or director
1$0
DAN MCCARTHY RES FEB 2025DIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgs
MATT HARNEYEXECUTIVE DIRECTOR
Key employee
40$0$121,267
JOANNA WYNESPRESIDENT
Trustee or director, Officer
2$0$0
LOUIS MASRYPRESIDENT-ELECT
Trustee or director, Officer
2$0$0
JOSH FARMERTREASURER
Trustee or director, Officer
2$0$0
DAVID VACLAVIKSECRETARY
Trustee or director, Officer
2$0$0
BRIAN SCHACHTERDIRECTOR
Trustee or director
1$0$0
TANIS KELLYDIRECTOR
Trustee or director
1$0$0
AUDREY KENNEYDIRECTOR
Trustee or director
1$0$0
MARCY ESPINOSA HANSONDIRECTOR
Trustee or director
1$0$0
CASSIE BARKETTDIRECTOR
Trustee or director
1$0$0
DAN MCCARTHYDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
TORY OWENSPRESIDENT
Trustee or director, Officer
2$0
JOANNA WYNESPRESIDENT-ELECT
Trustee or director, Officer
2$0
LOUIS MASRYTREASURER
Trustee or director, Officer
2$0
KEVIN SILOSECRETARY
Trustee or director, Officer
2$0
CHAD ETTMULLERDIRECTOR
Trustee or director
1$0
TANIS KELLYDIRECTOR
Trustee or director
1$0
AUDREY KENNEYDIRECTOR
Trustee or director
1$0
DAN MCCARTHYDIRECTOR
Trustee or director
1$0
JOHN MCCULLOCHDIRECTOR
Trustee or director
1$0
KIMBERLY OVERBYDIRECTOR
Trustee or director
1$0
DONALD JOWERSDIRECTOR
Trustee or director
1$0
BRIAN SCHACHTERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
700 13TH ST NW, WASHINGTON, DC 20005-3960
In care of
% KYLE M BOLLMAN
Principal officer (990 for 2025)
LOUIS MASRY, 700 13TH ST NW 2ND FL, WASHINGTON, DC 20005
Signed the 990
LOUIS MASRY, PRESIDENT
Phone
(877) 842-8827
Return prepared by
ROSS & MONCURE INC

Mission

THE AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS (AASC) IS AN INDUSTRY ADVOCACY GROUP COMMITTED TO A VIBRANT, STRONG, AND MODERN SETTLEMENT PLANNING INDUSTRY. WE PROMOTE COLLABORATION WITHIN THE STRUCTURED SETTLEMENT INDUSTRY, ACTIVELY ENCOURAGE BALANCED SETTLEMENT PLANNING ON BEHALF OF OUR CLIENTS, AND BELIEVE IN INTEGRATED, COMMON SENSE SOLUTIONS THAT PROTECT THE NEEDS OF INJURED PEOPLE AND THEIR FAMILIES. TOGETHER, WE WORK FOR PUBLIC POLICIES THAT STRENGTHEN OUR ESSENTIAL INDUSTRY AND PROVIDE BENEFITS TO THE CONSUMER.

990 for the year ended December 31, 2025

Program accomplishments

  • EDUCATION TO MEMBERS, ADVOCACY TO POLICYMAKERS, PROMOTION OF THE INDUSTRY. AASC REPRESENTS SETTLEMENT CONSULTANTS FROM ACROSS THE COUNTRY. THE CORE BUSINESS INTEREST IS PRESERVING THE TAX-PREFERENTIAL TREATMENT OF STRUCTURED SETTLEMENT ANNUITIES, WHICH AASC MEMBERS SELL TO INDIVIDUALS. AASC WAS FORMED TO PROTECT THESE TAX PROVISIONS AND EXPAND THE USE OF STRUCTURED SETTLEMENT ANNUITIES AND SETTLEMENT PLANNING CONSULTANTS IN GENERAL.
    Expenses $213,869

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-2302202
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,442
Income (IRS master file)
$446,461

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$446,461$476,904$4,442XML
990December 2024$441,212$452,028$35,937IRS
990December 2023$386,258$427,457$46,558XML
990December 2022$702,339$677,145$86,628IRS
990December 2021–––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 86-2302202).

Questions about AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC

What is the EIN of AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC?
The employer identification number (EIN) of AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC is 86-2302202.
Is AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Which annual return does AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS 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 AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS 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 AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS 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 AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC?
The 990 for the year ended December 31, 2025 names LOUIS MASRY.
Who are the officers and directors of AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $124,493 (MATT HARNEY, EXECUTIVE DIRECTOR).
How much revenue does AMERICAN ASSOCIATION OF SETTLEMENT CONSULTANTS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $446,461, expenses of $476,904 and total assets of $4,442 at year end.

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