Civic Intelligence

Retirement Income Industry Association

EIN 20-3394934 • 501(c)6 • Boston, MA

Profile

The retirement income industry association is a trade association for the retirement income industry, which consists of firms and individuals that provide services or products with respect to income accumulation and distribution for retired individuals. Riia serves as a forum and facilitator for understanding, and developing solutions for retirement income accumulation and distribution issues. Riia's primary activity is to host topical conferences and workshops on relevant retirement issues and developments. Riia also creates awareness of retirement income issues and developments among its members, other financial services, professionals, the general public, and government regulatory authorities and legislators through media outreach, education and research activities.

101 Federal Street No 1900Boston, MA 02110

riia-usa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

68%

Higher net margin than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$270,193

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

214%

Faster revenue growth than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $12,275 (-100%) from 2016

Liabilities

Down

$0

Down $908,811 (-100%) from 2016

Net Assets

Up

$0

Up $896,536 (+100%) from 2016

Revenue

Up

$1,314,306

Up $895,616 (+214%) from 2016

Expenses

Down

$418,207

Down $21,204 (-4.8%) from 2016

Net Income

Up

$896,099

Up $916,820 (+4425%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $193,221Liabilities 2010: $496,603Net Assets 2010: -$303,3822010Assets 2011: $211,756Liabilities 2011: $691,569Net Assets 2011: -$479,8132011Assets 2012: $76,825Liabilities 2012: $793,381Net Assets 2012: -$716,5562012Assets 2013: $68,781Liabilities 2013: $780,567Net Assets 2013: -$711,7862013Assets 2014: $51,774Liabilities 2014: $812,574Net Assets 2014: -$760,8002014Assets 2015: $50,438Liabilities 2015: $926,253Net Assets 2015: -$875,8152015Assets 2016: $12,275Liabilities 2016: $908,811Net Assets 2016: -$896,5362016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $614,3292010Expenses 2011: $722,4182011Expenses 2012: $759,5792012Revenue 2013: $732,602Expenses 2013: $727,832Net Income 2013: $4,7702013Revenue 2014: $625,438Expenses 2014: $674,452Net Income 2014: -$49,0142014Revenue 2015: $605,699Expenses 2015: $720,714Net Income 2015: -$115,0152015Revenue 2016: $418,690Expenses 2016: $439,411Net Income 2016: -$20,7212016Revenue 2017: $1,314,306Expenses 2017: $418,207Net Income 2017: $896,0992017

Highlighted filing

2017

Revenue$1,314,306
Expenses$418,207
Net Income$896,099

Filings

Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$605,699
Mission and Program Overview

Mission

The retirement income industry association is a trade association for the retirement income industry, which consists of firms and individuals that provide services or products with respect to income accumulation and distribution for retired individuals. Riia serves as a forum and facilitator for understanding, and developing solutions for retirement income accumulation and distribution issues. Riia's primary activity is to host topical conferences and workshops on relevant retirement issues and developments. Riia also creates awareness of retirement income issues and developments among its members, other financial services, professionals, the general public, and government regulatory authorities and legislators through media outreach, education and research activities.

The retirement income industry association is a trade association for the retirement income industry, which consists of companies that provide services or products with respect to income accumulation and distribution for retired individuals. Riia serves as a forum and facilitator for understanding, and developing solutions for retirement income accumulation and distribution issues. Riia's primary activity is to host topical conferences and workshops on relevant retirement issues and developments. Riia also creates awareness of retirement income issues and developments among its members, other financial services, professionals, the general public, and government regulatory authorities and legislators through media outreach, education and research activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,305$46,048▼ $257
Prepaid Expenses and Deferred Charges$4,010$3,767▼ $243
Land, Buildings, and Equipment, Net$1,459$623▼ $836
Total Assets$51,774$50,438▼ $1,336
Liabilities
Accounts Payable and Accrued Expenses$629,843$723,422▲ $93,579
Deferred Revenue$182,731$202,831▲ $20,100
Total Liabilities$812,574$926,253▲ $113,679
Net Assets / Fund Balance
Unrestricted Net Assets$-760,800$-875,815▼ $115,015
Total Net Assets Fund Balance$-760,800$-875,815▼ $115,015
Total Liabilities and Net Assets / Fund Balance$51,774$50,438▼ $1,336

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$623$3,858$4,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Francois GadenneExecutive DirectorFT$194,218$79,282$273,500

Board Members and Trustees

NameTitle
Al TurcoBoard Counsel
Adam BryanBoard Member
Brian HaendigesBoard Member
Chip CastilleBoard Member
Dr Anand S RaoBoard Member
EDWARD O'CONNORBoard Member
Jan S GundersenBoard Member
Michael DoshierBoard Member
Michael J GordonBoard Member
Ron MastrogiovanniBoard Member
William J HunterBoard Member
Matthew P FinkBoard Member at Large
Steve SaxonBoard Member at Large
Joan BorosSecretary
Udo FrankTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$605,699
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-115,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$386,443
Other Expenses$334,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$273,500--$273,500
Fees for Services Legal$94,453--$94,453
Conferences and Meetings$82,267--$82,267
Other Salaries and Wages$41,700$39,800-$81,500
Fees for Services Accounting-$21,139-$21,139
Payroll Taxes$8,555$8,166-$16,721
Other Employee Benefits$7,533$7,189-$14,722
Travel$13,622--$13,622
Insurance-$8,565-$8,565
Other Expenses$21,474$5,188-$5,188
Occupancy-$2,988-$2,988
Fees for Services Other$2,333--$2,333
Depreciation Depletion-$836-$836
Advertising-$379-$379
Total Functional Expenses$592,105$128,609$0$720,714
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by executive director, treasurer and board counsel prior to filing.

Form 990, Part VI, Section B, Line 15A

Performed by board of directors

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Retirement Income Industry Association
EIN
20-3394934
Phone
6173427390
Address
101 FEDERAL STREET NO 1900, BOSTON, MA 02110

Signing Officer

Name
Francois Gadenne
Title
Executive Director
Phone
6173427390
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francois Gadenne
Formed
2005
Legal Domicile
Dc
Voting Board Members
16
Independent Board Members
15
Employees
3
Volunteers
100

Preparer

Firm
Nardella & Taylor Llp
Address
24 HARTWELL AVE, LEXINGTON, MA 02420
Preparer
Edward Taylor
Phone
7818626833
Raw XML AppendixShowing 400 of 432 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt034359
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15188
IRS990/OtherExpensesGrp/ProgramServicesAmt046668
IRS990/OtherExpensesGrp/ProgramServicesAmt121474
IRS990/OtherExpensesGrp/TotalAmt046668
IRS990/OtherExpensesGrp/TotalAmt134359
IRS990/OtherExpensesGrp/TotalAmt221474
IRS990/OtherExpensesGrp/TotalAmt35188
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039800
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041700
IRS990/OtherSalariesAndWagesGrp/TotalAmt081500
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08166
IRS990/PayrollTaxesGrp/ProgramServicesAmt08555
IRS990/PayrollTaxesGrp/TotalAmt016721
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04010
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03767
IRS990/PrincipalOfficerNm0FRANCOIS GADENNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCE SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc2OTHER SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3PUBLICATION SPONSORSHI
IRS990/ProgramServiceRevenueGrp/Desc4CONFERENCE REGISTRATIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0310849
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1136561
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt324242
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt427011
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0310849
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1169000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt427011
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt032439
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt15758
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL OFFERINGS AND MEDIA OUTREACH REGARDING RETIREMENT INCOME ACCUMULATION AND DISTRIBUTION ISSUES AND DEVELOPMENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt097116
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt093081
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0100
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt0290798
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0625402
IRS990/PYRevenuesLessExpensesAmt0-49014
IRS990/PYSalariesCompEmpBnftPaidAmt0383554
IRS990/PYTotalExpensesAmt0674452
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0625438
IRS990/ReconcilationRevenueExpnssAmt0-115015
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0474421
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0623
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03858
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04481
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0623
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0194218
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt029282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FRANCOIS GADENNE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0273500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY EXECUTIVE DIRECTOR, TREASURER AND BOARD COUNSEL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERFORMED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051774
IRS990/TotalAssetsEOYAmt050438
IRS990/TotalAssetsGrp/BOYAmt051774
IRS990/TotalAssetsGrp/EOYAmt050438
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0128609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0592105
IRS990/TotalFunctionalExpensesGrp/TotalAmt0720714
IRS990/TotalGrossUBIAmt038197
IRS990/TotalLiabilitiesBOYAmt0812574
IRS990/TotalLiabilitiesEOYAmt0926253
IRS990/TotalLiabilitiesGrp/BOYAmt0812574
IRS990/TotalLiabilitiesGrp/EOYAmt0926253
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-760800
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-875815
IRS990/TotalOtherCompensationAmt079282
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt033839
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt033839
IRS990/TotalProgramServiceExpensesAmt0592105
IRS990/TotalProgramServiceRevenueAmt0605699
IRS990/TotalReportableCompFromOrgAmt0194218
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0567502
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0605699
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt038197
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt050438
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt013622
IRS990/TravelGrp/TotalAmt013622
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-760800
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-875815
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE ABERNATHY LANE
IRS990/USAddress/CityNm0MARBLEHEAD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001945
IRS990/VotingMembersGoverningBodyCnt016

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