SECURITIES INVESTOR PROTECTION CORPORATION

EIN: 520910763

WASHINGTON, DC

Total Revenue
$625,303,894
Total Expenses
$177,979,817
Total Assets
$5,089,010,833
Net Assets
$4,552,273,607
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
DC
Principal Officer
JOSEPHINE WANG
Phone
2023718300
Tax Period
2024-01-01 to 2024-12-31

SECURITIES INVESTOR PROTECTION CORPORATION, founded in 1970, is a major nonprofit that reported $625.3M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $447.3M, a strong 72% operating margin.

Mission

First-class Travel First-class train fare was allowed pursuant to policy and paid for Mr. Bell when it was less than or equivalent to the cost of coach airfare and related ground transportation. First class air fare was allowed pursuant to policy for Mr. Brodsky and Mr. Jasien.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $625,303,894
Investment Income $0
Other Revenue $0
TOTAL REVENUE $625,303,894

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,132,267
Fundraising Expenses $0
Other Expenses $164,847,550
TOTAL EXPENSES $177,979,817

Year-over-Year Comparison

2024 2023 Change
Revenue $625,303,894 $511,388,716 +0.2%
Expenses $177,979,817 $19,739,606 +8.0%
Net Income $447,324,077 $491,649,110 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
42
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$2,811,250
Total Directors
7
$76,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BRODSKY DIRECTOR 2.50
Director
$12,000 $0 $12,000
GLEN S FUKUSHIMA VICE CHAIR OF BOARD 3.00
Director
$12,000 $0 $12,000
WILLIAM S JASIEN DIRECTOR 1.50
Director
$12,000 $0 $12,000
ALAN J PATRICOF DIRECTOR 2.50
Director
$12,000 $0 $12,000
CLAUDIA SLACIK CHAIR OF BOARD 6.00
Director
$28,000 $0 $28,000
DANIEL M COVITZ DIRECTOR 2.00
Director
$0 $0 $0
W MOSES KIM DIRECTOR 2.00
Director
$0 $0 $0
JOSEPHINE WANG PRESIDENT & CEO 40.00
Officer
$934,812 $-47,198 $887,614
MICHAEL L POST GENERAL COUNSEL & SECRETARY 40.00
Officer
$651,398 $117,528 $768,926
KAREN L SAPERSTEIN VICE PRESIDENT - OPERATIONS 40.00
Officer
$486,205 $195,785 $681,990
CHARLES E GLOVER VICE PRESIDENT - FINANCE 40.00
Officer
$504,905 $-32,185 $472,720
CHRISTOPHER H LAROSA SR. ASSOC. GC - LITIGATION 40.00
Highest
$383,489 $233,010 $616,499
HEMANT SHARMA DEPUTY GENERAL COUNSEL 40.00
Highest
$433,935 $148,504 $582,439
ROBERT C FERRY AVP - INFORMATION TECHNOLOGY 40.00
Highest
$355,034 $161,385 $516,419
TIMOTHY W TIMANUS AVP - OPERATIONS 40.00
Highest
$355,860 $140,151 $496,011
KEVIN H BELL SR. ASSOC. GC - DISPUTE RES 40.00
Highest
$407,012 $24,498 $431,510
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $625,303,894 $177,979,817 $5,089,010,833 $447,324,077
2023 $511,388,716 $19,739,606 $4,675,779,724 $491,649,110
2022 $463,655,966 $130,204,129 $4,237,761,857 $333,451,837
2021 $520,971,678 $259,967,770 $4,382,745,297 $261,003,908
2020 $474,981,729 $11,080,879 $4,150,025,171 $463,900,850
2019 $393,422,450 $-24,219,968 $3,655,191,234 $417,642,418
2018 $355,846,775 $182,366,457 $3,296,907,939 $173,480,318
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