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Filing year 2023

NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC

Chicago, Illinois·EIN 35-1629277·501(c)(6)
Total revenue
$4M
Total assets
$4.7M
Total expenses
$3.8M
Reported officers
18
Mission

WE PROVIDE NETWORKING OPPORTUNITIES, EDUCATION, BUSINESS DEVELOPMENT, AND ADVOCACY TO PROMOTE THE PROFESSIONAL SUCCESS OF FEE-ONLY, COMPREHENSIVE FINANCIAL ADVISORS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
75th to 90th percentile
$196k
$217k
Base
$189k
Bonus
Other
Benefits
$7k
Director of Education
Highest Compensated Employee
10th to 25th percentile
$127k
$141k
Director of Marketing
Director (Operational)
Median to 75th percentile
$110k
$122k
Interim CEO - Past
10th to 25th percentile
$27k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Down 34%
from 2022

From $294k in 2022 to $196k in 2023.

$294k
2022
$196k
2023
In today's dollarsEst.
Down 36% in real terms$337k to $217k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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 fell 34% from 2022 to 2023, while revenue fell 5%.

$294k in 2022 to $196k in 2023.
  • Highest Compensated Employee pay rose 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.2M
$4.3M
2022
$4M
$3.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC

What does the Chief Executive Officer of NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC earn?

In 2023, the Chief Executive Officer of NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC received $195,712 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC falls between the 75th and 90th percentiles.

What are NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC's revenue and expenses?

In 2023, NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ADVISORS INC reported $4M in total revenue and $3.8M in total expenses on its IRS Form 990.

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