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National Association of Investors Corporation

National Association of Investors Corporation

Madison Heights, MI 48071
Tax ID38-2111435

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About this organization

Revenue

$2,703,637

Expenses

$2,728,352

Website

betterinvesting.org

Mission

Program of sound investment information, education, and support that helps create successful lifetime investors.

About

The NAIC educational mission is two-fold. First, we introduce individuals to the benefits of owning and investing in stock. Second, the NAIC provides a program of investment education that allows people to become successful, strategic, lifetime investors. The organization encourages a long-term approach to investing and financial literacy that focuses on the selection and ownership of quality companies. Membership in the NAIC totals 31,743 as of 9/30/19, with 47 chapters and 2,802 clubs nationwide run by volunteers. The 642 volunteers in leadership positions develop and deliver educational programs. These educational programs are for the general public, with programs for beginners and those who want to expand their knowledge of NAIC investing. The voluntary advisory board sponsors 1 annual conference: Better Investing National Convention, which offers dozens of educational investment seminars over a 3 day period. In addition, dozens of regional seminars and workshops are held along with hundreds of classes offered on a local basis each year. Better Investing Magazine is the NAIC monthly report to members on educational topics. NAIC provides tutorial-based software for stock selection and portfolio management from beginner to expert.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “Program of sound investment information, education,and support that helps create successful lifetime investors.”.

When referring to its responsibilities, they were outlined as: “Program of sound investment information, education,and support that helps create successful lifetime investors.”.

  • The state in which the non-profit is legally registered to operate is MI, as per legal records.
  • The filing documents the non-profit's address in 2020 as 711 W THRITEEN MILE RD, MADISON HEIGHTS, MI, 48071.
  • According to the non-profit's form, they have 21 employees on their payroll as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$24,715.
  • The CEO remuneration plan within the organization is subject to review and approval by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 1951.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $1,519,011 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related organization transaction.
  • The organization's financial statements were reviewed by an accountant.

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