American Association Of Individual Investors
- Assets
- $3.9m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 45
- Location
- Chicago, IL
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 36-2976274
Organization Overview
American Association Of Individual Investors is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, American Association Of Individual Investors employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Individual Investors is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Association Of Individual Investors generated $7.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $7.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST INDIVIDUALS TO BECOME EFFECTIVE MANAGERS OF THEIR OWN ASSETS THROUGH PROGRAMS OF EDUCATION, INFORMATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAMBERSHIP PROGRAMS: AAII PROVIDES INVESTMENT EDUCATION, INFORMATION, AND RESEARCH FOR NEARLY 155,000 MEMBERS. MEMBERS RECEIVE ACCESS TO THE AAII.COM WEBSITE AND ITS 23-YEAR PERSONAL FINANCEAND INVESTING ARTICLES ARCHIVE. MEMBERS ALSO RECEIVE MONTHLY ISSUES OF THE 40-PAGE AAII JOURNAL WITH EDUCATIONAL ARTICLES AND FEATURES COVERING PORTFOLIO MANAGEMENT, STOCK AND MUTUAL FUND INVESTING APPROACHES, RETIREMENT PLANNING, TAXATION, INSURANCE, AND FINANCIAL PLANNING. IN ADDITION, BOTH ANNUAL AND LIFE AAII MEMBERS RECEIVE INVESTMENT INFORMATION GUIDES, INCLUDING OUR MUTUAL FUND GUIDE, PERSONAL TAX GUIDE, GUIDE TO EXCHANGE-TRADED FUNDS AND AS WELL AS OUR PRISM WEALTH BUILDING PROCESS.
SUBSCRIPTION PROGRAMS: AAII OFFERS SUBSCRIPTION PROGRAMS THAT PROVIDE MEMBERS WITH INVESTMENT INFORMATION, EDUCATION, AND RESEARCH. OUR STOCK INVESTOR PRO SOFTWARE PROGRAM ALLOWS USERS TO CONDUCT FUNDAMENTAL STOCK ANALYSIS AND RESEARCH ON OVER 6,000 PUBLICLY TRADED COMPANIES. THE STOCK SUPERSTARS REPORT (SSR), DIVIDEND INVESTING (DI), GROWTH INVESTING, AND VMQ STOCKS WEBSITES AND CORRESPONDING PUBLICATIONS PROVIDE INFORMATION AND RESEARCH ON STOCK ANALYSIS AND PORTFOLIO CONSTRUCTION AND MANAGEMENT. A+ INVESTOR IS A SUITE OF TOOLS THAT AID IN THE RESEARCH AND ANALYSIS OF INVESTMENTS. AAII PLATINUM IS A BUNDLE OF STOCK SUPERSTARS REPORT, DIVIDEND INVESTING, GROWTH INVESTING (LAUNCHING IN 2022), VMQ STOCKS, AND A+ INVESTOR.
NATIONAL PROGRAMS: OUR LOCAL CHAPTER PROGRAMS AIM TO OFFER UNBIASED INVESTMENT EDUCATION AND MEMBERSHIP INTERACTION. COVID PROTOCOLS FOR HOSTING IN-PERSON MEETINGS WERE CREATED AND DISTRIBUTED, BUT NEARLY ALL ACTIVE LOCAL CHAPTERS IN 2021 MET VIRTUALLY. IN ADDITION, AAII HOSTED NATIONAL WEBINARS WITH BOTH STAFF AND OUTSIDE EXPERTS. A VIRTUAL INVESTOR CONFERENCE WAS HELD ON SEPTEMBER 30 AND OCTOBER 1,WITH SPECIAL BOOT CAMP SESSIONS HELD ON SEPTEMBER 29. THERE WERE MORE THAN 1,100 REGISTRANTS FOR THE CONFERENCE, ALONG WITH ALMOST 70 ORDERS FOR VIDEO REPLAYS AFTER THE EVENT ENDED. NO FUTURE CONFERENCES ARE CURRENTLY SCHEDULED.
OTHER PROGRAM SERVICES: AAII PROVIDES PROGRAMS OF INVESTMENT EDUCATION TO THE GENERAL PUBLIC AND COLLEGE STUDENTS. FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT INVESTING, AAII MAINTAINS A FREE WEBSITE CALLED INVESTINGPATHWAYS.COM. THE SITE COVERS INVESTING BASICS, ASSET ALLOCATION AND PORTFOLIO MANAGEMENT. AAII ALSO MAINTAINS A FREE, ON-LINE INVESTMENT EDUCATION PROGRAM FOR UNIVERSITY PROFESSORS AND THEIR STUDENTS. THE PROGRAM PROVIDES PARTICIPANTS WITH ACCESS TO THE MONTHLY JOURNAL, OUR INVESTOR CLASSROOM SERIES AND MEMBERS-ONLY AREAS OF THE AAII.COM WEBSITE, ALL WITH THE GOAL OF DELIVERING INVESTMENT EDUCATION TO COLLEGE STUDENTS. BOOKS: AAII OFFERS MEMBERS SEVERAL EDUCATIONAL BOOK TITLES WITHIN OUR AAII INVESTOR LIBRARY SERIES. THESE TITLES COVER INVESTING BASICS, RETIREMENT PLANNING AND PORTFOLIO BUILDING.INVESTING AT LEVEL3: HIGHER RETURNS WITH MINIMAL RISK FOR THE LONG-TERM INDIVIDUAL INVESTOR IS A 319 PAGE HARD COVER BOOK WITH COMPANION WEBSITE. AUTHORED BY AAII FOUNDER, JAMES B. CLOONAN, THE BOOK IS DESIGNED TO SHOW INDIVIDUAL INVESTORS HOW TO THINK ABOUT INVESTMENT RISK AND INVESTMENT ALLOCATION. THE BOOK'S FOCUS IS ON IMPLEMENTING AND CONTROLLING LONG-TERM INVESTMENT STRATEGIES WITH A FOCUS ON KNOWING AND DEFINING WHAT INVESTMENT RISK MEANS TO EACH INDIVIDUAL INVESTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bajkowski President/ceo | OfficerTrustee | 40 | $210,365 |
Charles Rotblut VP Editor | Officer | 40 | $202,069 |
Harry Madorin Senior VP Operations/secretary | Officer | 40 | $169,261 |
Donna Carone Controller | 40 | $156,000 | |
Wayne Thorp VP Sr Fin Analyst | Officer | 40 | $153,134 |
Peter Nguyen Marketing Director | 40 | $136,338 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lake Group Media Inc Mailing List Rental | 12/30/21 | $143,427 |
Gh Printing Co Printer | 12/30/21 | $541,086 |
Lsc Communications Mailing House | 12/30/21 | $349,642 |
Refinitiv Data Provider | 12/30/21 | $301,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $483,946 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $523,946 |
| Total Program Service Revenue | $6,356,845 |
| Investment income | $35,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $393,701 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $623,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,934,060 |
| 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. | $841,254 |
| Compensation of current officers, directors, key employees. | $356,073 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,691,895 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $261,585 |
| Payroll taxes | $171,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,260 |
| Fees for services: Accounting | $66,379 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,183 |
| Advertising and promotion | $1,439,088 |
| Office expenses | $389,421 |
| Information technology | $377,704 |
| Royalties | $143,427 |
| Occupancy | $240,025 |
| Travel | $7,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,298 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,218 |
| Insurance | $22,514 |
| All other expenses | $17,335 |
| Total functional expenses | $7,434,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $634 |
| Savings and temporary cash investments | $583,312 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,196 |
| 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 | $240,091 |
| Net Land, buildings, and equipment | $51,402 |
| Investments—publicly traded securities | $2,958,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,907,493 |
| Accounts payable and accrued expenses | $492,836 |
| Grants payable | $0 |
| Deferred revenue | $14,707,652 |
| 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 | $15,200,488 |
| Net assets without donor restrictions | -$11,292,995 |
| 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 | $3,907,493 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Association Of Individual Investors has recieved totaling $580.
| Awarding Organization | Amount |
|---|---|
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Filene Research Institute Inc Madison, WI | $14,627,615 | $8,184,489 |
American Association Of Individual Investors Chicago, IL | $3,907,493 | $7,934,060 |
Midwestern University Foundation Downers Grove, IL | $61,061,640 | $1,129,249 |
Iowa Independent Bankers Des Moines, IA | $1,000,484 | $761,605 |
Henry Strong Educational Foundation Po Box Chicago, IL | $14,214,951 | $483,093 |
Indiana Mortgage Bankers Inc Lawrenceburg, IN | $139,506 | $269,818 |
Illinois Ventures For Community Action Springfield, IL | $7,084,723 | $38,041 |
Northwest Wisconsin Business Development Corporation Spooner, WI | $4,387,654 | $89,093 |
Kentucky Financial Services Association Inc Frankfort, KY | $45,097 | $0 |
Beyond Housing Nhs Community Lending Corporation St Louis, MO | $1,585,039 | $74,753 |
Contractor Loan Fund Inc Saint Louis, MO | $0 | $5,146 |
Nebraska Medical Education Fund Inc Tabor, IA | $1,016,057 | $61,356 |