WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FINSECA, founded in 2020, is a mid-sized nonprofit in the Community Improvement sector that reported $18.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.
THE MISSION OF FINSECA IS TO ADVOCATE FOR THE FINANCIAL SECURITY PROFESSION, DEVELOP AND GROW ITS LEADERS, AND PROMOTE THE NOBLE AND NECESSARY WORK OF ITS MEMBERS TO PROVIDE FINANCIAL AND RETIREMENT SECURITY FOR THE INDIVIDUALS, FAMILIES, AND BUSINESSES SERVED.
MEMBER LEARNING AND EXPERIENCE: FINSECA PROVIDES MEETINGS TO KEEP INSURANCE PROFESSIONALS ON THE LEADING EDGE OF TRENDS AND SKILLS BY PROVIDING THEM WITH AN EDUCATION AND NETWORKING FOR PARTICIPANTS...
MEMBER LEARNING AND EXPERIENCE: FINSECA PROVIDES MEETINGS TO KEEP INSURANCE PROFESSIONALS ON THE LEADING EDGE OF TRENDS AND SKILLS BY PROVIDING THEM WITH AN EDUCATION AND NETWORKING FOR PARTICIPANTS. FINSECA PROVIDES A FORUM FOR MEMBERS TO EXCHANGE INFORMATION AND AN OPPORTUNITY FOR MEMBERS TO PARTICIPATE IN PROFESSIONAL DEVELOPMENT ACTIVITIES. FINSECA PROVIDES NUMEROUS PRODUCTS AND PUBLICATIONS THAT ARE CREATED SPECIFICALLY TO FURTHER THE PROFESSIONAL DEVELOPMENT OF FIELD LEADERS IN INSURANCE AND FINANCIAL SERVICES. THESE PRODUCTS INCLUDE ONLINE ASSESSMENT TOOLS, AUDIOVISUAL PRODUCTS, AND A BOOK SERIES THAT PRESENT A BROAD COLLECTION OF PROVEN PRACTICES FROM VETERAN INDUSTRY LEADERS. FINSECA PROVIDES MEMBERS WITH PRACTICAL, APPLICATION-ORIENTED ARTICLES ON TOPICS SUCH AS RECRUITING, SELECTION, LEADERSHIP AND RETENTION. FINSECA PUBLISHES A QUARTERLY MAGAZINE, "FINSECA FOCUS" THAT PROVIDES INSIGHTS AND THOUGHT LEADERSHIP TO HELP THE FINANCIAL SECURITY PROFESSIONALS UNDERSTAND THE DYNAMICS THAT DRIVE CONSUMER CHOICES AND THE PROFESSION.
ADVOCACY: THE MISSION OF FINSECA EFFORTS IN THE LEGISLATIVE AND REGULATORY AFFAIRS ARENA IS TO PROMOTE AND ADVOCATE FOR OUR MEMBERS, THEIR CLIENTS, AND THE BROADER INSURANCE COMMUNITY ON PUBLIC...
ADVOCACY: THE MISSION OF FINSECA EFFORTS IN THE LEGISLATIVE AND REGULATORY AFFAIRS ARENA IS TO PROMOTE AND ADVOCATE FOR OUR MEMBERS, THEIR CLIENTS, AND THE BROADER INSURANCE COMMUNITY ON PUBLIC POLICY ISSUES ASSOCIATED WITH THE USE OF LIFE INSURANCE TO PROVIDE LONG-TERM SAVINGS, PROTECTION, AND FINANCIAL AND RETIREMENT SECURITY, IN THE INDIVIDUAL, FAMILY AND BUSINESS CONTEXT. MEMBERSHIP-RUN ISSUES COMMITTEES IN EACH OF THESE AREAS WORK IN CONJUNCTION WITH FINSECA STAFF AND COUNSEL TO MONITOR PUBLIC POLICY DEVELOPMENTS AND RECOMMEND POSITIONS AND ACTIONS UP THROUGH GOVERNMENT AFFAIRS COMMITTEE AND TO THE FINSECA BOARD THAT ARE DESIGNED TO ACHIEVE THE MOST FAVORABLE LEGISLATIVE AND REGULATORY RESULTS. EXAMPLES OF SPECIFIC LEGISLATIVE, REGULATORY AND PUBLIC AFFAIRS ISSUES UNDERTAKEN BY FINSECA INCLUDE MATTERS AFFECTING ESTATE PLANNING, DEFERRED COMPENSATION, BUSINESS USES OF LIFE INSURANCE, QUALIFIED PLANS, TAX TREATMENT AND REGULATION OF LIFE INSURANCE PRODUCTS AND PRODUCERS AND THE UNDERSTANDING OF LIFE INSURANCE BY CONGRESS AND THE GENERAL PUBLIC.
COMMUNICATIONS AND MARKETING: FINSECA'S COMMUNICATION EFFORTS HELP RAISE INDUSTRY AWARENESS OF THE ORGANIZATION'S EFFORTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $18,872,317 | $16,709,489 | +0.1% |
| Expenses | $20,328,088 | $18,807,668 | +0.1% |
| Net Income | $-1,455,771 | $-2,098,179 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICK VAN BENSCHOTEN | CHAIR - AS OF 06/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE JAMES | CHAIR-ELECT - AS OF 06/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHIP VAN DUSEN | SECRETARY - AS OF 06/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM HEBETS | TREASURER - AS OF 06/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB BACCIGALUPLI | TREASURER - UNTIL 05/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDWARD G DEUTSCHLANDER | IMMED. PAST CHAIR - AS OF 06/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERI TURLEY | IMMED. PAST CHAIR - UNTIL 05/23 | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISTI ACREE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORRIE BALDEVIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTI BARENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB CARNEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LUIS CHIAPPY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIE CORADO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VINCE D'ADDONA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB EICHLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE GERGELY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN GILBERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON GROVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY HERMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW HODSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE HUBERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY JAMROG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BELLARIA JIMENEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES JOYCE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM KLUSAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON LEA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DON LIPPENCOTT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY MAGUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAUN MCDUFFEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDY MICKENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC NAISON-PHILLIPS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE RIVAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY SALO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILIP SARNECKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JR TOLAND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC CADIN | CEO | 38.00 |
Officer
|
$980,932 | $36,561 | $1,069,121 |
| BONNIE GODSMAN | PRESIDENT | 36.00 |
Officer
|
$600,284 | $20,160 | $687,142 |
| SUZANNE JACOBS | COO - UNTIL 11/23 | 40.00 |
Officer
|
$399,341 | $29,949 | $429,290 |
| ARMSTRONG ROBINSON | CHIEF ADVOCACY OFFICER | 40.00 |
Officer
|
$374,017 | $30,288 | $404,305 |
| DANIEL LABERT | PRES, BROKERAGE & EVP MBR EXP | 7.50 |
Highest
|
$383,377 | $23,782 | $407,159 |
| MARGUERITE SEIDEL | SVP, PUBLIC AFFAIRS & MKT | 40.00 |
Highest
|
$279,746 | $20,172 | $299,918 |
| JUDITH DURHAM | CHIEF ADMINISTRATIVE OFFICER | 40.00 |
Highest
|
$209,747 | $14,807 | $224,554 |
| ALEX KIM | VP, POLICY | 40.00 |
Highest
|
$203,689 | $18,073 | $221,762 |
| DAVID STERTZER | FORMER SENIOR EXECUTIVE ADVISOR | 0.00 |
|
$500,000 | $0 | $500,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $18,872,317 | $20,328,088 | $6,567,681 | $-1,455,771 |
| 2022 | $16,709,489 | $18,807,668 | $7,722,584 | $-2,098,179 |
| 2021 | $13,236,912 | $12,562,686 | $8,033,532 | $674,226 |
| 2020 | $3,962,827 | $5,196,724 | $9,408,160 | $-1,233,897 |
Compare FINSECA with other nonprofits in District of Columbia and across the country.