Skip to main content
Filing year 2024

FINANCIAL SERVICES INSTITUTE INC

Washington, District of Columbia·EIN 20-0587793·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$12.1M
Total assets
$15.1M
Total expenses
$12M
Reported officers
32
Mission

FINANCIAL SERVICES INSTITUTE'S MISSION IS TO CREATE A HEALTHIER REGULATORY ENVIRONMENT FOR INDEPENDENT BROKER-DEALERS AND THEIR AFFILIATED INDEPENDENT FINANCIAL ADVISORS THROUGH AGGRESSIVE AND EFFECTIVE ADVOCACY, EDUCATION AND PUBLIC AWARENESS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in District of Columbia
$1.7M
$1.8M
Base
$1.1M
Bonus
$320k
Other
Benefits
$32k
Exec VP & General Counsel
Vice President
Above 90th percentile
$843k
$895k
Base
$428k
Bonus
$262k
Other
Benefits
$32k
Svp, Finance, Ops & Bus Strat
Senior Vice President
Above 90th percentile
$712k
$756k
Base
$411k
Bonus
$190k
Other
Benefits
$20k
Svp, Policy & Dep Gen Co
Senior Vice President
Above 90th percentile
$580k
$616k
Base
$363k
Bonus
$114k
Other
Benefits
$18k
Svp, Education & Eng
Senior Vice President
Above 90th percentile
$569k
$604k
Base
$325k
Bonus
$155k
Other
Benefits
$12k
Vp, Fed Reg Affairs
Board Vice President
75th to 90th percentilevs Community Improvement & Capacity Building peers in District of Columbia
$429k
$455k
Base
$254k
Bonus
$90k
Other
Benefits
$33k
Svp, Growth & Strat Part
Senior Vice President
75th to 90th percentile
$402k
$427k
Base
$201k
Bonus
$118k
Other
Benefits
$32k
Head, Strat. Initiatives
Highest Compensated Employee
Above 90th percentilevs Community Improvement & Capacity Building peers in District of Columbia
$356k
$378k
Base
$291k
Bonus
$30k
Other
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 24 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FINANCIAL SERVICES INSTITUTE INC equaled 14% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
14%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 70%
from 2023

From $997k in 2023 to $1.7M in 2024.

$997k
2023
$1.7M
2024
In today's dollarsEst.
Up 64% in real terms$1.1M to $1.8M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 70% from 2023 to 2024, while revenue rose 10%.

$997k in 2023 to $1.7M in 2024.
  • Vice President pay rose 21% from 2023 to 2024.
  • Senior Vice President pay fell 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FINANCIAL SERVICES INSTITUTE INC

What does the Chief Executive Officer of FINANCIAL SERVICES INSTITUTE INC earn?

In 2024, the Chief Executive Officer of FINANCIAL SERVICES INSTITUTE INC received $1,691,210 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in District of Columbia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FINANCIAL SERVICES INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at FINANCIAL SERVICES INSTITUTE INC falls in the top 10%. In 2024, the highest total compensation at FINANCIAL SERVICES INSTITUTE INC equaled 14% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FINANCIAL SERVICES INSTITUTE INC's revenue and expenses?

In 2024, FINANCIAL SERVICES INSTITUTE INC reported $12.1M in total revenue and $12M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.