Overview
What is Investment Company Institute?
The Investment Company Institute (ICI) is a nonprofit organization based in Washington, D.C. With a team of 179 employees, ICI advocates for the interests of investment companies, their stakeholders, and investment advisors by engaging in effective legislative and regulatory efforts. ICI represents the asset management industry and its members, primarily mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITS) from the United States, as well as similar funds offered to investors in Europe, Asia, and other jurisdictions. Their primary objective is to fortify the foundation of the investment industry, ultimately benefiting the long-term individual investor. ICI engages with various regulatory bodies, including Congress, the Securities and Exchange Commission (SEC), and other state and foreign regulators, to secure favorable public policies for the investment community.
Official website here: www.ici.org
Is Investment Company Institute legitimate?
Investment Company Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Investment Company Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $5,692,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,907,075
For more financial information, click here
Official website here: www.ici.org
What is the mission statement of Investment Company Institute?
The Investment Company Institute (ICI) is a mission-driven organization dedicated to fortifying the foundation of the asset management industry for the advantage of long-term individual investors. Members encompass mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITS) in the United States, as well as similar funds for investors in Europe, Asia, and other jurisdictions. ICI advocates for the interests of investment companies, their shareholders, directors, and investment advisers by supporting effective legislation and regulation. To secure these public policy objectives, ICI speaks on behalf of the fund industry and its shareholders before Congress, the Securities and Exchange Commission (SEC), and other regulatory agencies, as well as state and foreign regulators.
Official website here: www.ici.org
Who is the CEO of Investment Company Institute?
Eric Pan is the Principal Officer of Investment Company Institute. The CEO's salary of Investment Company Institute is $2,429,522 and their total compensation is $2,499,531.
Official website here: www.ici.org
What is the revenue of Investment Company Institute?
Who are the executives of Investment Company Institute and what are their salaries?
The average compensation at Investment Company Institute during 2022 was $187,706. There are 179 employees and 42 volunteers at Investment Company Institute.
Here are 53 key members and their salaries (Investment Company Institute's CEO's salary is $2,429,522 and their total compensation is $2,499,531):
- Eric J Pan (President & Ceo)
- Susan M Olson (General Counsel)
- Dean R Sackett Iii (Chief Govt. Affairs Officer)
- Donald C Auerbach (Chief Operating Officer)
- Dorothy M Donohue (Deputy General Counsel)
- Jennifer S Choi (Chief Counsel - Ici Global)
- Sean S Collins (Chief Economist)
- Keith D Lawson (Deputy General Counsel)
- David M Abbey (Deputy General Counsel)
- Rachel H Graham (Secretary)
- Mark A Delcoco (Cfo/Treasurer)
- Yie-Hsin Hung (Chairman) [Trustee/Director]
- Andrew G Arnott (Member) [Trustee/Director]
- George Aylward (Member) [Trustee/Director]
- Kathleen T Barr (Member) [Trustee/Director]
- Stephanie G Braming (Member) [Trustee/Director]
- Heather E Brilliant (Member) [Trustee/Director]
- Mortimer J Buckley (Member) [Trustee/Director]
- Jane K Carten (Member) [Trustee/Director]
- James E Davey (Member) [Trustee/Director]
- Thomas E Faust Jr (Member) [Trustee/Director]
- Carol Geremia (Member) [Trustee/Director]
- Patrick G Halter (Member) [Trustee/Director]
- Diana Herrmann (Member) [Trustee/Director]
- Mellody Hobson (Member) [Trustee/Director]
- Christine L Hurtsellers (Member) [Trustee/Director]
- Gregory E Johnson (Member) [Trustee/Director]
- James L Johnson Jr (Member) [Trustee/Director]
- Lisa M Jones (Member) [Trustee/Director]
- Joanna F Jonsson (Member) [Trustee/Director]
- Thomas C Kersting (Member) [Trustee/Director]
- Susan C Livingston (Member) [Trustee/Director]
- James Mcnamara (Member) [Trustee/Director]
- Michael A Mendelson (Member) [Trustee/Director]
- Jose Minaya (Member) [Trustee/Director]
- Garry L Moody (Member) [Trustee/Director]
- Mark D Nerud (Member) [Trustee/Director]
- Catherine L Newell (Member) [Trustee/Director]
- David Oestreicher (Member) [Trustee/Director]
- Steven J Paggioli (Member) [Trustee/Director]
- Stuart S Parker (Member) [Trustee/Director]
- Cynthia R Plouche (Member) [Trustee/Director]
- Salim Ramji (Member) [Trustee/Director]
- Michelle Seitz (Member) [Trustee/Director]
- Kristi Slavin (Member) [Trustee/Director]
- Peter G Strelow (Member) [Trustee/Director]
- William W Strickland Jr (Member) [Trustee/Director]
- Gary Tenkman (Member) [Trustee/Director]
- Jonathan S Thomas (Member) [Trustee/Director]
- Garrett Thornburg (Member) [Trustee/Director]
- Ronald E Toupin Jr (Member) [Trustee/Director]
- Dawn Vroegop (Member) [Trustee/Director]
- George H Walker (Member) [Trustee/Director]
Official website here: www.ici.org
Where can I find the form 990 for Investment Company Institute?
The Investment Company Institute’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ici.org
Learn more at the official website: www.ici.org
Mission Statement of Investment Company Institute
The Investment Company Institute (ICI) is a mission-driven organization dedicated to fortifying the foundation of the asset management industry. With a membership base comprised of mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITS) in the United States, as well as similar funds offered to investors worldwide, ICI represents the interests of these investment companies, their shareholders, directors, and investment advisers.
ICI advocates for effective legislation and regulation to safeguard the public policy objectives of the fund industry and its stakeholders. In pursuit of this goal, the organization engages in diplomatic dialogue with various regulatory bodies, including Congress, the Securities and Exchange Commission (SEC), and other domestic and international regulatory agencies. ICI's unwavering commitment to public policy extends beyond the United States, as it advocates on behalf of the global investment community to ensure a stable and thriving financial landscape for the ultimate benefit of long-term individual investors.
Impact
This information is meant to be a general summary of Investment Company Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Investment Company Institute, based in Washington, DC, focuses on advancing the interests of investment companies, their shareholders, directors, and investment advisers by supporting effective legislation and regulation. Through its advocacy work, the institute represents the fund industry and its shareholders before Congress, the Securities and Exchange Commission, regulatory agencies, state regulators, and foreign regulators.
The impact of the Investment Company Institute lies in its efforts to strengthen the foundation of the asset management industry for the ultimate benefit of long-term individual investors. By advocating for policies that support the industry and its participants, the institute plays a crucial role in shaping the regulatory environment and promoting the interests of both investors and investment companies. This work contributes to the overall improvement of the community by fostering a more transparent, efficient, and investor-friendly financial system.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE & WORKSHOPS
Revenue
$3,256,074
GENERAL MEMBERSHIP MEETING
Revenue
$612,307
SUBSCRIPTION SERVICES
Revenue
$919,118
FEE BASED BUSINESS INCOME
Revenue
$886,460
Organization Details
Founding Year
1941
Phone
(202) 326-5800
Principal Officer
Eric Pan
Main Address
1401 H STREET NW, WASHINGTON, DC, 20005
Website
www.ici.org
NTEE Category
Code: S41 - Community improvement
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