Securities Investor Protection Corporation
Washington, DC · EIN 52-0910763 · Rank 1,070 by total revenue
See Schedule O
Money, Form 990 for tax year 2024
- Total revenue
- $625,303,894
- Total expenses
- $177,979,817
- Total assets
- $5,089,010,833
- Salary base (all salaries and wages)
- $10,073,492
- Salaries, other pay and benefits
- $13,132,267
- Employees
- 42
- Salary base per employee
- $239,845
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Josephine Wang | PRESIDENT & CEO | Officer | 40 | $887,614 |
| Michael L Post | GENERAL COUNSEL & SECRETARY | Officer | 40 | $768,926 |
| Karen L Saperstein | VICE PRESIDENT - OPERATIONS | Officer | 40 | $681,990 |
| Charles E Glover | VICE PRESIDENT - FINANCE | Officer | 40 | $472,720 |
| Claudia Slacik | CHAIR OF BOARD | Board | 6 | $28,000 |
| William Brodsky | DIRECTOR | Board | 2.5 | $12,000 |
| Glen S Fukushima | VICE CHAIR OF BOARD | Board | 3 | $12,000 |
| William S Jasien | DIRECTOR | Board | 1.5 | $12,000 |
| Alan J Patricof | DIRECTOR | Board | 2.5 | $12,000 |
| Daniel M Covitz | DIRECTOR | Board | 2 | None reported |
| W Moses Kim | DIRECTOR | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $5,482,128, which is 54.4% of the $10,073,492 salary base shared by 42 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Josephine Wang | PRESIDENT & CEO | Officer | 40 | $934,812 | $0 | -$47,198 | $887,614 |
| Michael L Post | GENERAL COUNSEL & SECRETARY | Officer | 40 | $651,398 | $0 | $117,528 | $768,926 |
| Karen L Saperstein | VICE PRESIDENT - OPERATIONS | Officer | 40 | $486,205 | $0 | $195,785 | $681,990 |
| Christopher H Larosa | SR. ASSOC. GC - LITIGATION | Highly paid employee | 40 | $383,489 | $0 | $233,010 | $616,499 |
| Hemant Sharma | DEPUTY GENERAL COUNSEL | Highly paid employee | 40 | $433,935 | $0 | $148,504 | $582,439 |
| Robert C Ferry | AVP - INFORMATION TECHNOLOGY | Highly paid employee | 40 | $355,034 | $0 | $161,385 | $516,419 |
| Timothy W Timanus | AVP - OPERATIONS | Highly paid employee | 40 | $355,860 | $0 | $140,151 | $496,011 |
| Charles E Glover | VICE PRESIDENT - FINANCE | Officer | 40 | $504,905 | $0 | -$32,185 | $472,720 |
| Kevin H Bell | SR. ASSOC. GC - DISPUTE RES | Highly paid employee | 40 | $407,012 | $0 | $24,498 | $431,510 |
| Claudia Slacik | CHAIR OF BOARD | Board | 6 | $28,000 | $0 | $0 | $28,000 |
Sources
- IRS e-file return 202541679349300804 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 52-0910763
- Organization website (as filed): www.sipc.org