NonprofitsSpark Institute Inc

Mutual & Membership Benefit

Spark Institute Inc

SIMSBURY, CT

Total revenue

$1.9M

Total expenses

$2.2M

Net assets

$2.4M

Grants received

EIN

453940350

Tax year

2023

Mission

The spark institute, inc. ("spark") helps to shape national retirement policy by providing research, education, testimony and comments on pending legislative and regulatory issues to members of congress and relevant government agency officials. We help shape national retirement policy by developing and advancing positions on critical issues that affect plan sponsors, participants, service providers, and investment providers. Our members include record keepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms and investment managers. Our members play a key role in identifying our priorities and in developing the positions we take on critical issues. Collectively, our membership services approximately 100 million employer- sponsored participants.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.8M
Investment income$26K
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$818K
Fundraising
Other expenses$1.4M
Total expenses$2.2M
Total assets$2.6M
Net assets$2.4M

People

15 listed

NameRoleCompensation

TIMOTHY ROUSE

EXECUTIVE DI

Board

$539K

40 hrs/wk

MARLENE D JUNG

COO AND CFO

Board

$206K

40 hrs/wk

CRAIG BELLAROSA

DIRECTOR

Board

0.25 hrs/wk

RICK IRACE

DIRECTOR

Board

0.25 hrs/wk

JOHN MCCARTHY

DIRECTOR

Board

0.25 hrs/wk

BRANT WONG

DIRECTOR

Board

0.25 hrs/wk

WILLIAM BYERLY

DIRECTOR

Board

0.25 hrs/wk

JUDY NELSON

DIRECTOR

Board

0.25 hrs/wk

MATT CONDOS

DIRECTOR

Board

0.25 hrs/wk

RICH MAGNER

DIRECTOR

Board

0.25 hrs/wk

NATE MILES

DIRECTOR

Board

0.25 hrs/wk

FRANCISCO NEGRON

DIRECTOR

Board

0.25 hrs/wk

MICHAEL MILLER

TREASURER

Board

0.25 hrs/wk

TODD MCGRATH

VICE CHAIRMA

Board

0.25 hrs/wk

JOSEPH SMOLEN

CHAIRMAN

Board

0.25 hrs/wk

Details

EIN453940350
NTEE codeY03
Subsection06
Ruling date2012-11
Formed2011
Employees2
SPARK INSTITUTE INC — Mission, Financials & Grants Received | Grantivo