National Academy Of Social Insurance
- Assets
- $973.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 13
- Location
- Washington, DC
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 52-1451753
Organization Overview
National Academy Of Social Insurance is located in Washington, DC. The organization was established in 1987. As of 06/2021, National Academy Of Social Insurance employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Academy Of Social Insurance 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 06/2021, National Academy Of Social Insurance generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 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
A NON-PARTISAN ORGANIZATION OF LEADING EXPERTS ON SOCIAL INSURANCE THAT ADVANCES SOLUTIONS TO CHALLENGES FACING THE NATION BY INCREASING PUBLIC UNDERSTANDING OF HOW SOCIAL INSURANCE CONTRIBUTES TO ECONOMIC SECURITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - THE ACADEMY IS A CONVENER OF EXPERT SCHOLARS (FROM OUR MEMBERSHIP AND BEYOND) TO ANALYZE KEY POLICY ISSUES AND OFFER POLICYMAKERS INDEPENDENT, MULTI-STAKEHOLDER ANALYSES AND OPTIONS. ACADEMY STAFF ANALYZES SOCIAL INSURANCE POLICY ISSUES BOTH AS INDIVIDUAL SCHOLARS AND BY SUPPORTING STUDY PANELS THAT ANALYZE INFORMATION AND ISSUE A CONSENSUS ON POLICY OPTIONS. THE ACADEMY COMMUNICATES ITS WORK TO ITS MEMBERS AND THE INTERESTED PUBLIC THROUGH A VARIETY OF EDUCATION FORUMS THAT THE STAFF OR OTHERS ORGANIZE, THROUGH WEBSITE AND PRINT INFORMATION, AND THROUGH PRESENTATIONS.
MEMBERSHIP - THE ACADEMY CONDUCTS AN ANNUAL NOMINATION PROCESS, HOLDS AN ANNUAL MEETING, MAINTAINS AN ONLINE DATABASE AND DIRECTORY OF MEMBERS, AND KEEPS MEMBERS INFORMED OF OTHER OPPORTUNITIES AND SERVICES AVAILABLE ONLY TO ACADEMY MEMBERS. THE ACADEMY HOLDS ONE ANNUAL POLICY RESEARCH CONFERENCE EACH JANUARY THAT CONVENES RESEARCHERS, POLICYMAKERS, ADVOCATES, AND OTHER STAKEHOLDERS ON AN ISSUE OF CURRENT IMPORTANCE.
LEADERSHIP DEVELOPMENT - THE ACADEMY PROVIDES OPPORTUNITIES FOR YOUNG PEOPLE TO ENTER THE FIELD OF SOCIAL INSURANCE. AS THE PRIMARY ORGANIZATION OF SOCIAL INSURANCE PROFESSIONALS, WE CONNECT TODAY'S LEADERS WITH THOSE WHO WILL TAKE THE REINS IN COMING YEARS. THE ACADEMY RUNS FIVE DISTINCT INTERNSHIP PROGRAMS THAT EACH RECRUIT TALENTED STUDENTS AND YOUNG PROFESSIONALS AND MATCHES THEM WITH INTERNSHIP PLACEMENTS WHERE THEY BEGIN TO MAKE SUBSTANTIVE CONTRIBUTIONS AT ORGANIZATIONS WORKING TO STRENGTHEN SOCIAL INSURANCE PROGRAMS. THE ACADEMY ALSO RECOGNIZES YOUNG SCHOLARS FOR THEIR RESEARCH AND WRITINGS ON SOCIAL INSURANCE WITH THE ANNUAL JOHN HEINZ DISSERTATION AWARD. THERE ARE NOW NEARLY 500 ASSOCIATE MEMBERS OF THE ACADEMY - YOUNG AND MID-CAREER PROFESSIONALS WHO SUCCESSFULLY COMPLETED ONE OF THE ACADEMY'S LEADERSHIP DEVELOPMENT PROGRAMS. PAST INTERNS AND HEINZ DISSERTATION AWARD WINNERS ARE NOW MAKING SIGNIFICANT CONTRIBUTIONS TO SOCIAL INSURANCE POLICY RESEARCH, ADVOCACY, AND IMPLEMENTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Arnone Chief Excecutive Director | Officer | 40 | $135,000 |
Elaine Weiss Director Of Policy | 32 | $104,000 | |
Renee M Landers Board Chair | OfficerTrustee | 8 | $0 |
Jason J Fichtner Treasurer | OfficerTrustee | 8 | $0 |
Harry J Conaway Board Member | OfficerTrustee | 1 | $0 |
Indivar Dutta-Gupta Vice Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $199,736 |
| Fundraising events | $81,500 |
| Related organizations | $0 |
| Government grants | $114,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $495,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $890,936 |
| Total Program Service Revenue | $231,754 |
| Investment income | $17,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,381 |
| Net Income from Fundraising Events | -$50,261 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,163,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $239,000 |
| Compensation of current officers, directors, key employees. | $78,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $369,683 |
| Pension plan accruals and contributions | $48,831 |
| Other employee benefits | $47,587 |
| Payroll taxes | $55,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $960 |
| Fees for services: Accounting | $42,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,144 |
| Advertising and promotion | $39,573 |
| Office expenses | $21,631 |
| Information technology | $19,463 |
| Royalties | $0 |
| Occupancy | $130,762 |
| Travel | $1,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,201 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,541 |
| Insurance | $9,923 |
| All other expenses | $0 |
| Total functional expenses | $1,262,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,288 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,431 |
| 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 | $6,003 |
| Net Land, buildings, and equipment | $79,888 |
| Investments—publicly traded securities | $628,298 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,601 |
| Total assets | $973,509 |
| Accounts payable and accrued expenses | $102,702 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $173,513 |
| Other liabilities | $68,601 |
| Total liabilities | $344,816 |
| Net assets without donor restrictions | $366,026 |
| Net assets with donor restrictions | $262,667 |
| 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 | $973,509 |
Grants Awarded
Over the last fiscal year, National Academy Of Social Insurance has awarded $35,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: Research | $15,000 |
Los Angeles, CA PURPOSE: Research | $10,000 |
Washington, DC PURPOSE: Research | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that National Academy Of Social Insurance has recieved totaling $177,505.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR NASI'S UNEMPLOYMENT INSURANCE TASKFORCE TO IDENTIFY, ASSESS, EVALUATE, AND DOCUMENT A RANGE OF OPTIONS TO ADDRESS WEAKNESSES IN THE UI SYSTEM. | $50,000 |
Kaiser Foundation Health Plan Inc Oakland, CA PURPOSE: Core Support Economic Security Programs | $50,000 |
Aarp Washington, DC PURPOSE: Sponsorship of conference | $20,000 |
Peter G Peterson Foundation New York, NY PURPOSE: TO SUPPORT AN EVENT HONORING THE PUBLIC SERVICE OF FORMER ECONOMIC AND FISCAL POLICYMAKERS. | $15,000 |
International Brotherhood Of Teamsters Supplemental Benefits Tr Washington, DC PURPOSE: FINANCIAL SUPPORT | $10,000 |
Peter G Peterson Foundation New York, NY PURPOSE: TO SUPPORT A CONFERENCE REGARDING MEDICARE AND SOCIAL SECURITY. | $10,000 |
Endowment Analysis
| Beg. Balance | $455,618 |
| Earnings | $9,991 |
| Other Expense | $8,123 |
| Ending Balance | $457,486 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Easter Seals Of Southeastern Pennsylvania Philadelphia, PA | $31,894,421 | $25,193,342 |
North Penn Comprehensive Health Services Mansfield, PA | $22,065,846 | $23,390,461 |
Virginia Mennonite Home Inc Harrisonburg, VA | $28,962,463 | $20,540,544 |
Greene County Health Care Incorporated Snow Hill, NC | $16,532,428 | $23,396,721 |
Virginia Home Richmond, VA | $132,722,142 | $34,605,321 |
Grove Manor Corporation Grove City, PA | $38,510,469 | $20,011,663 |
Covenant Homecare Knoxville, TN | $2,451,607 | $17,855,047 |