Bond Dealers Of America
- Assets
- $1.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 03/2009
- Data as of
- 02/2023
- EIN
- 26-1907248
Organization Overview
Bond Dealers Of America is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2023, Bond Dealers Of America employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bond Dealers Of America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 02/2023, Bond Dealers Of America generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $2.2m during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOCUS ON THE UNIQUE BUSINESS, MARKET PRACTICE, REGULATORY, AND LEGISLATIVE INTERESTS OF MIDDLE MARKET, SELL-SIDE, FIXED INCOME DEALERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Dispense Chair | Officer | 5 | $0 |
Sj Guzzo Vice Chair | Officer | 5 | $0 |
Cindy Higgins Secretary-Treasurer | Officer | 5 | $0 |
Mike Allen Director | Trustee | 3 | $0 |
George Barbar Ex Officio | Trustee | 3 | $0 |
Ronald Bernaradi Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nixon Peabody Legal | 2/27/18 | $381,011 |
American Continental Group Lobbying | 2/27/18 | $189,071 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,151,854 |
| Investment income | $15,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,166,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,275,813 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $50,018 |
| Other employee benefits | $85,889 |
| Payroll taxes | $51,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,497 |
| Fees for services: Accounting | $22,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,475 |
| Advertising and promotion | $78,543 |
| Office expenses | $20,598 |
| Information technology | $17,576 |
| Royalties | $0 |
| Occupancy | $85,931 |
| Travel | $152,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $267,538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,664 |
| Insurance | $5,289 |
| All other expenses | $3,968 |
| Total functional expenses | $2,232,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $915,577 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $120,625 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,874 |
| Net Land, buildings, and equipment | $33,857 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,636 |
| Total assets | $1,130,569 |
| Accounts payable and accrued expenses | $34,005 |
| Grants payable | $0 |
| Deferred revenue | $331,476 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $365,481 |
| Net assets without donor restrictions | $765,088 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,130,569 |