NATIONAL ASSOCIATION OF SURETY BOND PRODUCERS INC
7735 OLD GEORGETOWN ROAD NO 900, BETHESDA, MD 20814 www.nasbp.org

Total Revenue
$3,923,300
Total Expenses
$3,999,763
Net Assets
$5,849,687

Organizations Filed Purposes: TO STRENGTHEN PROFESSIONALISM, EXPERTISE, AND INNOVATION IN SURETY AND TO ADVOCATE ITS USE WORLDWIDE.

THE ASSOCIATION CONDUCTS MEETINGS DURING THE YEAR FOR STAFF, MEMBERS, AFFILIATES, AND ASSOCIATES. THE ANNUAL CONVENTION AND REGIONAL MEETINGS FEATURE SPEAKERS OR DISCUSSIONS ON MATTERS OF INTEREST TO THE SURETY INDUSTRY. SOME TOPICS QUALIFY FOR CONTINUING EDUCATION CREDITS. THE ASSOCIATION HAD THREE REGIONAL MEETINGS (REGIONS 1-2-3, REGIONS 4-5-6-7, AND REGIONS 8-9-10-11) IN 2019 THAT HAD APPROXIMATELY 511 PEOPLE IN ATTENDANCE. THE ANNUAL MEETING, WHICH IS HELD IN THE SPRING OF EACH YEAR, HAD A TOTAL OF APPROXIMATELY 859 ATTENDEES IN 2019.

THE ASSOCIATION ALSO PROVIDES EDUCATIONAL PROGRAMS, INCLUDING WORKSHOPS AND SCHOOLS, WITH VARIOUS LEVELS OF CURRICULUM BASED ON THE EXPERIENCE OF THE STUDENT. SOME OF THE CURRICULUM QUALIFIES FOR CONTINUING INSURANCE EDUCATION. THERE WERE THREE LEVEL I SCHOOLS, THREE LEVEL II SCHOOLS, ONE LEVEL III SCHOOL, ONE COMMERCIAL SURETY SCHOOL, AND ONE LEADERSHIP WORKSHOP HELD IN 2019. APPROXIMATELY 286 PEOPLE ATTENDED THESE EDUCATIONAL PROGRAMS. THE ASSOCIATION ALSO HELD 22 VIRTUAL SEMINARS FOR MORE THAN 4,342 PARTICIPANTS.

THE ASSOCIATION HOSTS A WEBSITE AND DISTRIBUTES VARIOUS COMMUNICATIONS TO ITS MEMBERS, AFFILIATES, AND ASSOCIATES. AMONG THE COMMUNICATIONS IS OUR NEWSLETTER, PIPELINE, DISTRIBUTED ELECTRONICALLY EVERY OTHER MONTH, WHICH FEATURES NEWS AND DEVELOPMENTS THAT AFFECT THE INDUSTRY. ALSO, FOCAL POINT IS AN ELECTRONIC BULLETIN THAT FOCUSES ON FEDERAL AND STATE LEGISLATIVE AND REGULATORY AFFAIRS. THIS E-BULLETIN IS PRODUCED ONCE OR TWICE A MONTH DURING THE LEGISLATIVE SEASON. NASBP SMARTBRIEF IS A WEEKLY, ELECTRONIC NEWSLETTER THAT PROVIDES A BRIEF SYNOPSIS OF NEWS SOURCES' STORIES ABOUT THE PEOPLE, MARKETS, AND POLICIES IMPACTING THE SURETY PRODUCT AND SURETY INDUSTRY. TO RECEIVE NASBP SMARTBRIEF, A RECIPIENT MUST SIGN-UP. THE NASBP SURETY BOND QUARTERLY MAGAZINE, PUBLISHED FOUR TIMES A YEAR, OFFERS INSIGHTS AND INFORMATION FOR SURETY PROFESSIONALS AS WELL AS OTHERS WHO NEED TO STAY UP-TO-DATE ON THE INDUSTRY'S LATEST NEWS AND DEVELOPMENTS. THE MAGAZINE IS DISTRIBUTED FOR FREE DIGITALLY AND IN PRINT TO THE NASBP MEMBERSHIP AS WELL AS PROJECT OWNERS, PUBLIC OFFICIALS, SUBCONTRACTORS, CONTRACTING OFFICERS, AND OTHERS WHO ARE AFFECTED BY DEVELOPMENTS IN THE SURETY INDUSTRY. THE HIGHLIGHTS - YEAR IN REVIEW IS AN ANNUAL PUBLICATION PRODUCED AT THE END OF THE YEAR THAT SUMMARIZES THE YEAR'S IMPORTANT ACCOMPLISHMENTS. NASBP PROVIDES THE YEAR IN REVIEW IN HARDCOPY AND ON THE WEBSITE. AN ON-LINE MEMBERSHIP DIRECTORY LISTS MEMBERS AND IS ACCESSIBLE BY THE PUBLIC AND BY THOSE SEEKING TO FORM BUSINESS RELATIONSHIPS WITH SURETY PROFESSIONALS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark MccallumCHIEF EXECUTIVE OFFICER40$375,931
Martha PerkinsGENERAL COUNSEL40$286,480
Lawrence LeclairDEPARTMENT DIRECTOR40$164,382
Steven B KarlinDEPARTMENT DIRECTOR40$150,685
Kathy HoffmanDEPARTMENT DIRECTOR40$144,566
Koula KorsonMANAGING DIRECTOR40$138,181
Katherine ShamapandeDEPARTMENT DIRECTOR40$126,169
John DrummeyBOARD OF DIRECTORS0.5$0
Lourdes LandaBOARD OF DIRECTORS0.5$0
Alan StarksBOARD OF DIRECTORS0.5$0
Brian KrauseBOARD OF DIRECTORS0.5$0
Chad MartinBOARD OF DIRECTORS0.5$0
Andrew TokaszBOARD OF DIRECTORS0.5$0
Shelia ThompsonBOARD OF DIRECTORS0.5$0
Florence McclellanBOARD OF DIRECTORS0.5$0
Corban EnnsBOARD OF DIRECTORS0.5$0
Brian AyresBOARD OF DIRECTORS0.5$0
Russell LearBOARD OF DIRECTORS0.5$0
John MartinezEX-OFFICIO0.5$0
Michael Lischer JrEX-OFFICIO0.5$0
Michael ReganBOARD OF DIRECTORS0.5$0
Patrick PribylEX-OFFICIO0.5$0
Christian DowneyBOARD OF DIRECTORS0.5$0
Guy ArmfieldBOARD OF DIRECTORS0.5$0
Jose MilanBOARD OF DIRECTORS0.5$0
Novica PrekpalaBOARD OF DIRECTORS0.5$0
Jason GussoBOARD OF DIRECTORS0.5$0
Michael SpechtBOARD OF DIRECTORS0.5$0
Jenni WaggonerBOARD OF DIRECTORS0.5$0
William CowanBOARD OF DIRECTORS0.5$0
Jill K TuckerBOARD OF DIRECTORS0.5$0
Robert ShawIMMEDIATE PAST PRESIDENT2$0
Nicholas Newton3RD VICE PRESIDENT2$0
Tracy Tucker2ND VICE PRESIDENT2$0
Mark M Munekawa1ST VICE PRESIDENT2$0
John BustardPRESIDENT5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021419349300637_public.xml