Defined Contribution Institutional Investment Association

Nonprofit profile at a glance

EIN
271573481
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Jupiter, FL, USA
Phone
2026561868
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$2,742,774
Expenses
$2,678,756
Assets
$2,722,590
Liabilities
$1,268,591

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

36 people listed

Executive titles in this filing

  • LEW MINSKY (PRESIDENT & CEO)
  • PAM HESS (EXECUTIVE DIRECTOR OF DCIIA RRC)

Highest reported compensation

  • LEW MINSKY (PRESIDENT & CEO): $694,187 total reported compensation
  • PAM HESS (EXECUTIVE DIRECTOR OF DCIIA RRC): $209,733 total reported compensation
  • AMANDA MCCORMICK (VP OF OPERATIONS): $159,444 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster a dialogue among the leaders of the defined contribution community.

What it reported doing in 2024

Annual forums and summit: public policy forum - dciia partners with industry organization (spark institute) to provide an annual public policy forum open to all of its members. The public policy forum provides an opportunity to promote collaborative relationships between industry leaders and the key players in the policy community such as members of congress, senior capitol hill staff, department of labor, securities and exchange commission, and the u.s. Treasury as well as similar international entities. The public policy forum also provides members with updates from each of dciia's committees.academic forum - dciia provides an annual one-day meeting open to all of its members. The academic forum brings together over 300 industry leaders with thought leaders in the academic and plan sponsor communities. Topics at the academic forum include discussions on behavioral finance, retirement income, and advanced investment design.innovation forum - dciia provides an annual one-day innovation forum open to all of its members. The innovation forum focuses on topics driving the future of the defined contribution industry and features expert speakers from its member firms.diversity, equity, & inclusion (dei) awards dinner - dciia provides an annual evening event open to all of its members with programming focusing on dei. The awards recognize individuals who are advocating for or otherwise contributing to member organizations' diversity, equity, and inclusiveness in two categories: leaders, and rising stars.the advisor institute forum - dciia brings together senior executives to share ideas freely in a collaborative, intimate atmosphere held over two days. Executives explore the future of the industry, engage in thought-provoking discussions, and enjoy networking opportunities with a cross-section of industry leaders.

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 76
  • Accountability: 95
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.3%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 44.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 28 of 28 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $694K · 36 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $394K reported
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.