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Filing year 2023

NATIONAL FUTURES ASSOCIATION

Chicago, Illinois·EIN 36-2960981·501(c)(6)
Total revenue
$143.7M
Total assets
$241.5M
Total expenses
$138.9M
Reported officers
47
Mission

AS A CONGRESSIONALLY AUTHORIZED SELF-REGULATORY ORGANIZATION, NATIONAL FUTURES ASSOCIATION (NFA) IS THE SELF-REGULATORY ORGANIZATION FOR THE U.S. DERIVATIVES INDUSTRY, INCLUDING EXCHANGE TRADED FUTURES, RETAIL OFF-EXCHANGE FOREIGN CURRENCY (FOREX) AND (CONTINUED IN SCHEDULE O) (CONTINUANCE OF PART III, LINE 1)OTC DERIVATIVES (SWAPS). NFA HAS DEVELOPED AND ENFORCES RULES, PROVIDES PROGRAMS AND OFFERS SERVICES THAT SAFEGUARD MARKET INTEGRITY, PROTECT INVESTORS AND HELP OUR MEMBERS MEET THEIR REGULATORY RESPONSIBILITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 42 reported individuals · Filing year 2023

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

President and CEO
Above 90th percentile
$1.2M
$1.4M
Base
$836k
Bonus
$325k
Other
$10k
Benefits
$31k
Senior Vice President, Otc
Senior Vice President
Above 90th percentile
$853k
$945k
Base
$619k
Bonus
$150k
Other
$8k
Benefits
$29k
Senior Vice President
Above 90th percentile
$816k
$904k
Base
$614k
Bonus
$115k
Other
$10k
Benefits
$31k
Sr.vp, Gc, and Secretary
Vice President
Above 90th percentile
$813k
$901k
Base
$588k
Bonus
$140k
Other
$11k
Benefits
$28k
Senior Vice President
Above 90th percentile
$787k
$872k
Base
$559k
Bonus
$140k
Other
$11k
Benefits
$31k
Senior Vice President
Above 90th percentile
$722k
$800k
Base
$545k
Bonus
$93k
Other
$7k
Benefits
$32k
Sr. Vp, Cfo, and Treasurer
Above 90th percentile
$699k
$774k
Base
$523k
Bonus
$90k
Other
$9k
Benefits
$32k
Senior Vice President
75th to 90th percentile
$621k
$687k
Base
$448k
Bonus
$90k
Other
$9k
Benefits
$28k
Vp, Admin Strategy Risk
Vice President
Above 90th percentile
$602k
$667k
Base
$431k
Bonus
$110k
Other
$2k
Benefits
$13k
Vice President, Otc
Vice President
Above 90th percentile
$549k
$609k
Base
$398k
Bonus
$75k
Other
$2k
Benefits
$28k
Vice President, HR
Vice President
Above 90th percentile
$462k
$512k
Base
$294k
Bonus
$90k
Other
$4k
Benefits
$27k
Managing Director, Otc
Highest Compensated Employee
Above 90th percentile
$454k
$503k
Base
$345k
Bonus
$35k
Other
$1k
Benefits
$36k
Managing Director, Otc
Highest Compensated Employee
Above 90th percentile
$438k
$485k
Base
$360k
Bonus
$37k
Other
$1k
Benefits
$3k
Managing Director, Compliance
Highest Compensated Employee
Above 90th percentile
$416k
$461k
Base
$314k
Bonus
$37k
Other
$984
Benefits
$30k
Managing Director, Compliance
Highest Compensated Employee
Above 90th percentile
$403k
$446k
Base
$322k
Bonus
$17k
Other
$5k
Benefits
$28k
Associate General Counsel
Highest Compensated Employee
Above 90th percentile
$392k
$434k
Base
$337k
Bonus
$14k
Other
$2k
Benefits
$4k
Vice President
Above 90th percentile
$385k
$427k
Base
$264k
Bonus
$55k
Other
$7k
Benefits
$14k
Special Advisor
Former Officer/director/trustee
75th to 90th percentile
$321k
$355k
Base
$252k
Bonus
Other
$3k
Benefits
$30k
Board Member (thru 02/2024)
Board Member
Median to 75th percentile
$42k
$46k
Board Member
Median to 75th percentile
$40k
$44k
Board Member
Median to 75th percentile
$40k
$44k
Board Member
Median to 75th percentile
$40k
$44k
Board Member
Median to 75th percentile
$37k
$40k
Board Member
Median to 75th percentile
$32k
$35k
Board Member (thru 02/2024)
Board Member
Median to 75th percentile
$24k
$26k
Board Member
Median to 75th percentile
$23k
$25k
Board Member (thru 02/2024)
Board Member
Median to 75th percentile
$23k
$25k
Board Member
Median to 75th percentile
$22k
$24k
Board Member
Median to 75th percentile
$18k
$20k
Board Member (thru 02/2024)
Board Member
25th percentile to median
$16k
$18k
Chair (thru 02/2024)
Board Chair
25th percentile to median
$16k
$18k
Board Member
25th percentile to median
$16k
$18k
Vice Chair (thru 2/24)/board Mem
Board Vice Chair
Median to 75th percentile
$16k
$18k
Chair (as of 02/2024)
Board Chair
25th percentile to median
$15k
$17k
Board Member (thru 02/2024)
Board Member
25th percentile to median
$14k
$16k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$9k
$9k
Board Member
25th percentile to median
$8k
$9k
Board Member (thru 02/2024)
Board Member
25th percentile to median
$8k
$9k
Board Member
25th percentile to median
$8k
$9k

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 5 unpaid individuals.

FAQ

Common questions about NATIONAL FUTURES ASSOCIATION

What does the Chief Executive Officer of NATIONAL FUTURES ASSOCIATION earn?

In 2023, the Chief Executive Officer of NATIONAL FUTURES ASSOCIATION received $1,248,896 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NATIONAL FUTURES ASSOCIATION 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 FUTURES ASSOCIATION falls in the top 10%.

What are NATIONAL FUTURES ASSOCIATION's revenue and expenses?

In 2023, NATIONAL FUTURES ASSOCIATION reported $143.7M in total revenue and $138.9M in total expenses on its IRS Form 990.

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