American Academy Of Actuaries

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366142798 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Overview

What is American Academy Of Actuaries?

The American Academy of Actuaries, based in Washington D.C., is a prominent nonprofit organization with a workforce of 50 employees. Their primary mission is to provide the public and the United States actuarial profession with independent, objective actuarial information, analysis, and education. They identify and address issues where actuarial science holds relevance, thereby enhancing public understanding of the value of the actuarial profession. The Academy facilitates collaboration among U.S.-based actuarial associations and coordinates their representation on a global scale. By serving the public interest and advocating for the actuarial profession, they foster a united front in addressing matters of common concern.


Official website here: www.actuary.org

Is American Academy Of Actuaries legitimate?

American Academy Of Actuaries is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Academy Of Actuaries 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: $2,292,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,260,485

For more financial information, click here


Official website here: www.actuary.org

What is the mission statement of American Academy Of Actuaries?

The American Academy of Actuaries is dedicated to serving the public and the actuarial profession in the United States. Its mission encompasses providing independent and objective actuarial analysis and education for the development of public policy. The organization represents the public's interests in matters where actuarial science holds significance. Increasing public recognition and understanding of the value of the actuarial profession is another key aspect of the Academy's mission. Additionally, it facilitates communication and coordination among U.S.-based actuarial associations on common issues and coordinates global representation for the U.S. actuarial profession.


Official website here: www.actuary.org

Who is the CEO of American Academy Of Actuaries?

William Michalisin is the Executive Director of American Academy Of Actuaries.


Official website here: www.actuary.org

What is the revenue of American Academy Of Actuaries?

American Academy Of Actuaries's revenue in 2022 was $14,614,904.


Official website here: www.actuary.org

Who are the executives of American Academy Of Actuaries and what are their salaries?

The average compensation at American Academy Of Actuaries during 2022 was $111,063. There are 50 employees and 1,100 volunteers at American Academy Of Actuaries.

Here are 38 key members and their salaries:

    William Michalisin (Executive Director)
  • Compensation: $577,665
  • Related: $0
  • Other: $50,001

    • Craig Hanna (Director Of Public Policy)
  • Compensation: $368,111
  • Related: $0
  • Other: $63,220

    • Thomas Hopkins (Cfo)
  • Compensation: $266,138
  • Related: $0
  • Other: $63,686

    • Brian Jackson (General Counsel)
  • Compensation: $277,532
  • Related: $0
  • Other: $37,901

    • David Nolan (Director Of Communications)
  • Compensation: $249,500
  • Related: $0
  • Other: $63,604

    • Christopher Cassidey (Asst Director Of It)
  • Compensation: $183,434
  • Related: $0
  • Other: $55,614

    • Joanne Anderson To 9302022 (Director Of Finance And Admins)
  • Compensation: $185,788
  • Related: $0
  • Other: $10,426

    • Devin Boerm (Dep Director Public Policy)
  • Compensation: $168,653
  • Related: $0
  • Other: $26,143

    • Steven Jackson (Asst Dir Research Public Policy)
  • Compensation: $168,848
  • Related: $0
  • Other: $22,631

    • Kasha Shelton (Director Of Membership)
  • Compensation: $160,758
  • Related: $0
  • Other: $29,765

    • Edward Lee (Staff Attorney)
  • Compensation: $156,012
  • Related: $0
  • Other: $19,321

    • Lori Feinman From 07252022 (Director Of Education And Events)
  • Compensation: $80,034
  • Related: $0
  • Other: $11,178

    • Ken Kent (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Slotznick (President - Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryellen Coggins (Immediate Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Campbell (Penultimate President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Murphy Barron To 1132022 (Secretary Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Cavanuagh To 11032022 (Vp Casualty) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Slutsker (Vp Life) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Schmitz To 11032022 (Vp Health) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Chan (Vp Pension) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seong Min Eom (Vp Risk Management Financial Reporting) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Bingham To 11032022 (Vp Professionalism And Education) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annette James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Kasner To 11032022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Klever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Todisco To 11032022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Beuerlein To 11032022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Angell (Vp Casualty) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Geddes (Vp Professionalism And Education) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Bohl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Freihaut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrell Knapp (Secretary Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.actuary.org

    Where can I find the form 990 for American Academy Of Actuaries?

    The American Academy Of Actuaries’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.actuary.org

    Learn more at the official website: www.actuary.org

    Mission Statement of American Academy Of Actuaries

    The American Academy of Actuaries is a mission-driven organization dedicated to serving the public and the United States actuarial profession. The Academy's primary objective is to analyze and provide independent and objective actuarial information for the development of informed public policy. The organization identifies and tackles issues on behalf of the public where actuarial science offers valuable insight.

    Moreover, the Academy strives to enhance the public's understanding and appreciation of the actuarial profession's role and significance. The organization facilitates communication and collaboration among U.S.-based actuarial associations, ensuring alignment on issues of common interest. Lastly, the American Academy of Actuaries represents the U.S. actuarial profession on a global scale, coordinating its efforts to maintain a strong and influential presence within the industry.

    Impact

    This information is meant to be a general summary of American Academy Of Actuaries. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The American Academy of Actuaries has a significant impact in the United States by providing independent and objective actuarial information analysis and education for the formation of public policy. They play a crucial role in identifying and addressing issues on behalf of the public where actuarial science is essential, contributing to a better understanding of complex matters. Additionally, the Academy works to increase awareness of the value of the actuarial profession, both domestically and globally. By facilitating collaboration among U.S.-based actuarial associations and representing the profession on a global scale, the Academy contributes to the advancement of the actuarial field and its impact on society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $388,764
  • Program Service Revenue: $13,966,641
  • Gross Receipts: $18,370,615

    • Assets and Liabilities:
  • Total Assets: $33,918,112
  • Total Liabilities: $16,233,077
  • Net Assets: $17,685,035
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Membership Dues

    Revenue

    $12,404,099

    Meeting Revenue

    Revenue

    $414,567

    Webcast Revenue

    Revenue

    $437,850

    Service Fees

    Revenue

    $447,652

    Manual Sales

    Revenue

    $257,725

    Organization Details

    Founding Year

    1966

    Principal Officer

    William Michalisin

    Main Address

    1850 M ST NW STE 300, WASHINGTON, DC, 200365805

    NTEE Category

    Code: S41 - Community improvement

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