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Aba Securities Association

Abasa
  • Washington, DC
  • Tax-exempt since Nov. 1996
  • EIN: 52-1935145

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$414k (2023)

Expenses
$350k (2023)

Total Assets
$0 (2023)

Total Liabilities
$3.77M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$414,000
Expenses
$349,894
Net Income
$64,106
Net Assets
-$3,771,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $414,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $101,675
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $16,981
4.9%
Assets/Debt
Total Assets $0
Total Liabilities $3,771,937
Net Assets -$3,771,937
Compensation
Key Employees and Officers Compensation Related Other
Stephen Philipson (Chairman) $0 $0 $0
Robert Munsey (Vice Chairman) $0 $0 $0
Jeffrey T Brown (Member) $0 $0 $0
Rebecca Crowe (Member) $0 $0 $0
Per Dyrvik (Member) $0 $0 $0
John Gregg (Member) $0 $0 $0
Steve Kiker (Member) $0 $0 $0
William L Kuhn Iv (Member) $0 $0 $0
Charlotte B Mclaughlin (Member) $0 $0 $0
Matthew Milcetich (Member) $0 $0 $0
Daniel Morgan (Member) $0 $0 $0
Peter Phelan (Member) $0 $0 $0
Douglas W Preiser (Member) $0 $0 $0
Brad A Rothbaum (Member) $0 $0 $0
C Kyle Russ (Member) $0 $0 $0
Kevin W Stone (Member) $0 $0 $0
Hiren Thadani (Member) $0 $0 $0
Bob Tull (Member) $0 $0 $0
Ananda Radhakrishnan (Treasurer & Executive Director) $0 $257,680 $39,468
Justin M Underwood (Treasurer & Exec Dir. Thru 09/22) $0 $152,468 $19,049
Karin Petersen Flynn (Chief Financial Officer) $0 $648,376 $103,398
+ View more people

Document Links

990
Filed on July 12, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$414,000
Expenses
$421,197
Net Income
-$7,197
Net Assets
-$3,836,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $414,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $240,531
57.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,000
Total Liabilities $3,849,043
Net Assets -$3,836,043
Compensation
Key Employees and Officers Compensation Related Other
Stephen Philipson (Chairman) $0 $0 $0
Robert Munsey (Vice Chairman) $0 $0 $0
Rebecca Crowe (Member) $0 $0 $0
Brad A Rothbaum (Member) $0 $0 $0
Kevin W Stone (Member) $0 $0 $0
Peter Roberson (Member) $0 $0 $0
Peter Phelan (Member) $0 $0 $0
Bob Tull (Member) $0 $0 $0
C Kyle Russ (Member) $0 $0 $0
William L Kuhn Iv (Member) $0 $0 $0
Matthew Milcetich (Member) $0 $0 $0
W Peter Otoole (Member) $0 $0 $0
Douglas W Preiser (Member) $0 $0 $0
Hiren Thadani (Member) $0 $0 $0
Charlotte B Mclaughlin (Member) $0 $0 $0
Daniel Morgan (Member) $0 $0 $0
Tom Hackett (Member) $0 $0 $0
Per Dyrvik (Member) $0 $0 $0
Steve Kiker (Member) $0 $0 $0
Justin M Underwood (Treasurer & Executive Dire) $0 $207,576 $24,871
Karin Petersen Flynn (Chief Financial Officer) $0 $494,352 $88,867
+ View more people

Document Links

990
Filed on July 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$460,000
Expenses
$400,117
Net Income
$59,883
Net Assets
-$3,828,846
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $460,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,828,846
Net Assets -$3,828,846
Compensation
Key Employees and Officers Compensation Related Other
Scott Kleinman (Chairman & President) $0 $0 $0
Stephen Philipson (Vice Chair) $0 $0 $0
Shawn K Feeney (Board Member) $0 $0 $0
Hiren Thadani (Board Member) $0 $0 $0
Jeffrey T Brown (Board Member) $0 $0 $0
Mark Brown (Board Member) $0 $0 $0
Christine Calarco (Board Member) $0 $0 $0
Per Dyrvik (Board Member) $0 $0 $0
Robert Yeung (Board Member) $0 $0 $0
Steve Kiker (Board Member) $0 $0 $0
Charlotte B Mclaughlin (Board Member) $0 $0 $0
Robert Munsey (Board Member) $0 $0 $0
Daniel Morgan (Board Member) $0 $0 $0
Rebecca Crowe (Board Member) $0 $0 $0
Peter Otoole (Board Member) $0 $0 $0
Douglas W Preiser (Board Member) $0 $0 $0
C Kyle Russ (Board Member) $0 $0 $0
Kevin W Stone (Board Member) $0 $0 $0
John Gregg (Board Member) $0 $0 $0
Justin M Underwood (Treasurer & Executive Director) $0 $180,244 $35,823
Karin Petersen Flynn (Chief Financial Officer) $0 $456,711 $70,876
Robert G Eady (Former Chief Financial Officer) $0 $426,909 $0
Cecelia Calaby (Former Treasurer & Exec. Dir) $0 $303,531 $28,473
+ View more people

Document Links

990
Filed on July 6, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$414,000
Expenses
$370,205
Net Income
$43,795
Net Assets
-$3,888,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $414,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,000
Total Liabilities $3,911,729
Net Assets -$3,888,729
Compensation
Key Employees and Officers Compensation Related Other
Robert G Eady (Chief Financial Officer (Thru 8/19)) $0 $704,523 $134,864
Cecelia Calaby (Treasurer & Exec. Dir (Thru 6/20)) $0 $342,391 $37,701
Justin M Underwood (Excutive Director) $0 $50,242 $9,676
Karin Petersen Flynn (Chief Financial Officer (From 11/19)) $0 $57,906 $0
Scott Kleinman (Chairman & President) $0 $0 $0
Stephen Philipson (Vice Chair) $0 $0 $0
Kenneth L Miller (Board Member) $0 $0 $0
James Slater (Board Member) $0 $0 $0
Robert Yeung (Board Member) $0 $0 $0
Kevin W Stone (Board Member) $0 $0 $0
Jeffrey T Brown (Board Member) $0 $0 $0
Shawn K Feeney (Board Member) $0 $0 $0
Mark Brown (Board Member) $0 $0 $0
C Kyle Russ (Board Member) $0 $0 $0
Christine Calarco (Board Member) $0 $0 $0
Peter O'toole (Board Member) $0 $0 $0
Douglas W Preiser (Board Member) $0 $0 $0
Katherine Clune (Board Member) $0 $0 $0
Charlotte B Mclaughlin (Board Member) $0 $0 $0
Daniel Morgan (Board Member) $0 $0 $0
John Gregg (Board Member) $0 $0 $0
Per Dyrvik (Board Member) $0 $0 $0
Steve Kiker (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on July 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,000
Expenses
$498,671
Net Income
-$61,671
Net Assets
-$3,932,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $437,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,932,524
Net Assets -$3,932,524
Compensation
Key Employees and Officers Compensation Related Other
Shawn K Feeney (Chair) $0 $0 $0
Scott Kleinman (Vice Chair) $0 $0 $0
Su Sun Bai (Board Member) $0 $0 $0
Nick Bonn (Board Member) $0 $0 $0
Jeffrey T Brown (Board Member) $0 $0 $0
Mark Brown (Board Member) $0 $0 $0
Christine Calarco (Board Member) $0 $0 $0
Stuart Clarke (Board Member) $0 $0 $0
Per Dyrvik (Board Member) $0 $0 $0
Andrew Karp (Board Member) $0 $0 $0
Steve Kiker (Board Member) $0 $0 $0
Charlotte B Mclaughlin (Board Member) $0 $0 $0
Kenneth L Miller (Board Member) $0 $0 $0
Albert Moffitt (Board Member) $0 $0 $0
Piers Murray (Board Member) $0 $0 $0
Stephen Philipson (Board Member) $0 $0 $0
Douglas W Preiser (Board Member) $0 $0 $0
Kevin W Stone (Board Member) $0 $0 $0
Rufus Yates (Board Member) $0 $0 $0
Cecelia Calaby (Treasurer & Executive Director) $0 $344,511 $36,251
Robert G Eady (Appointed Cfo) $0 $669,074 $366,783
+ View more people

Document Links

990
Filed on July 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$460,000
Expenses
$492,905
Net Income
-$32,905
Net Assets
-$3,870,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $460,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,870,853
Net Assets -$3,870,853

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,000
Expenses
$486,787
Net Income
-$49,787
Net Assets
-$3,837,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $437,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,837,948
Net Assets -$3,837,948

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$482,500
Expenses
$480,010
Net Income
$2,490
Net Assets
-$3,788,160
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $482,500
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1
Total Liabilities $3,788,161
Net Assets -$3,788,160

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$494,000
Expenses
$466,979
Net Income
$27,021
Net Assets
-$3,790,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $494,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,790,651
Net Assets -$3,790,651

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,000
Expenses
$490,788
Net Income
-$81,788
Net Assets
-$3,817,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $409,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,000
Total Liabilities $3,839,672
Net Assets -$3,817,672

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$561,000
Expenses
$780,855
Net Income
-$219,855
Net Assets
-$3,735,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $561,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1
Total Liabilities $3,735,884
Net Assets -$3,735,883

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$430,000
Expenses
$589,596
Net Income
-$159,596
Net Assets
-$3,516,029
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $430,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $3,516,029
Net Assets -$3,516,029

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$440,000
Expenses
$599,559
Net Income
-$159,559
Net Assets
-$3,356,432
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $440,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1
Total Liabilities $3,356,433
Net Assets -$3,356,432

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated