The organization's primary exempt purposes are:Emta is the principal trade group for the global emerging markets trading and investment community and has worked since 1990 to promote the orderly development of fair, efficient and transparent trading markets for em instruments ( including bonds, loans, fx. Derivatives and local market instruments) and to help integrate em into the global capital markets. In addition to its ongoing activities, Emta provides a well-recognized forum that enables the em trading and investment community to identify, discuss and address industry needs and to speak, when necessary, with a strong and credible voice on behalf of a broad spectrum of marketparticipants.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $57K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 51% of spending
Concern: pay to officers and key staff is 51% of spending; over 30%.
Pt VII · Sec A
10 mo
of spending, in cash
Plus $6.0M in investments, Pt X · Ln 11–13
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.2M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 26 voting members
Looks good: 26 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+2% vs prior year
Spent
$3.2M
To programs
100%
Net assets
$6.3M
By yearFY2020–FY2024
Revenue
$3.1M
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$2.8M
FY2022$3.0M
FY2023$3.0M
FY2024$3.1M
Expenses
$3.2M
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$2.7M
FY2022$2.9M
FY2023$2.9M
FY2024$3.2M
Net assets
$6.3M
FY2024▼ -0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.1M
FY2021$6.1M
FY2022$6.1M
FY2023$6.3M
FY2024$6.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $3.2M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

31 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
SR Leg Counsel
$476,417Pt VII · Sec A
Managing Director
$370,300Pt VII · Sec A
General Counsel
$356,140Pt VII · Sec A
Executive Dir.
$303,909Pt VII · Sec A
Office Manager
$110,820Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leslie Payton Jacobs$476,417$346,800$350,000$350,000$350,000
Michael Chamberlin——$392,875$442,875$462,875
Jonathan R Murno$370,300————
Johnathan Murno—$356,800$350,000$350,000$350,000
Aviva Werner$356,140$346,200$350,000$350,000$350,000
Michael M Chamberlin$303,909$307,800———
Suzette Vaccaro$110,820$107,820———
Suzette Ortiz——$109,000$109,000$109,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Emta INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes fair, efficient, and transparent emerging markets trading and investment.

Questions for Emta INC

Tap to ask. Emta INC sees how many people are interested.

Your first name shows with your question. Emta INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $165K · in their own filed words · FY2024
01

Presented many forum and panel presentations at thirty industry gatherings each year in the world's financial capitals, as well as webinars, on various topics of interest to participants in the emerging markets trading and investment community.

$165Kprogram expense
02

Prepared various legal documents and market practices relating to the trading of em fixed income and FX derivatives products.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Fees for servicesLn 2g$2.8M
Investment incomeLn 3$279K
Other incomeLn 4–11$40K
Money outPt IX
$3.2M
Ln 25
Programscol B$3.2M
Owns and owesPt X
$6.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$9.4M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
31
listed · VII A
PaidVII A5
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.8M
Investment incomeLn 3$279K
Other incomeLn 4–11$40K
Gains on assetsLn 7$0
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$6.0M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$71K
Total assetsLn 16$9.4M
LiabilitiesLn 26$3.2M
Net assetsLn 32$6.3M
OperationsPt I, VI
EmployeesI 58
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.4M$2.5M
InvestmentsLn 11–13$6.1M$6.0M
Land, buildings, equipmentLn 10c$9K$0
Total assetsLn 16$9.3M$9.4M
LiabilitiesLn 26$3.0M$3.2M
Net assetsLn 32$6.3M$6.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$1.7M$1.7M
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$300K$300K
Other employee benefitsLn 9$279K$279K
Payroll taxesLn 10$116K$116K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$36K$36K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$25K$25K
Information technologyLn 14$124K$124K
RoyaltiesLn 15$0
OccupancyLn 16$163K$163K
TravelLn 17$23K$23K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$424K$424K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$3.2M$3.2M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.1M$3.2M−$89K$6.3M 990 PDF
FY2023 $3.0M$2.9M$88K$6.3M 990 PDF
FY2022 $3.0M$2.9M$92K$6.1M 990 PDF
FY2021 $2.8M$2.7M$109K$6.1M 990 PDF
FY2020 $2.8M$2.7M$86K$6.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,093,938 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,856,578$2,775,408
I-10 Investment incomePrior year $168,201$278,756
I-11 Other revenue$39,774
I-12 Total revenuePrior year $3,024,779$3,093,938
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,351,073$2,380,678
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $585,401$802,293
I-18 Total expensesPrior year $2,936,474$3,182,971
I-19 Revenue less expensesPrior year $88,305−$89,033
Part VI · Governance 26 of 26 board members independent, 3 to look at
VI-1a Voting members of the governing body26
VI-1b Independent voting members26
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,093,938 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,775,408$2,775,408
VIII-3 Investment incomeRelated to mission $278,756$278,756
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $39,774$39,774
VIII-12 Total revenueRelated to mission $3,093,938$3,093,938
Part IX · Statement of functional expenses $3,182,971 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $1,685,433$1,685,433
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributionsPrograms $300,420$300,420
IX-9 Other employee benefitsPrograms $278,548$278,548
IX-10 Payroll taxesPrograms $116,277$116,277
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $35,800$35,800
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $25,091$25,091
IX-14 Information technologyPrograms $123,864$123,864
IX-15 Royalties$0
IX-16 OccupancyPrograms $163,012$163,012
IX-17 TravelPrograms $22,873$22,873
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $3,185$3,185
IX-24 Other expenses (24a–d)Programs $423,961$423,961
IX-24e All other expensesPrograms $4,507$4,507
IX-25 Total functional expensesPrograms $3,182,971 · Management $0 · Fundraising $0$3,182,971
Part X · Balance sheet $9,409,517 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $672,215$1,292,158
X-2 Savings and temporary cash investmentsStart of year $1,760,294$1,255,471
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $653,857$719,536
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $42,039$21,063
X-10c Land, buildings and equipment, netStart of year $9,366$0
X-11 Publicly traded securitiesStart of year $6,119,008$6,049,851
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $71,438$71,438
X-16 Total assetsStart of year $9,328,217$9,409,517
X-17 Accounts payable and accrued expensesStart of year $652,829$689,760
X-19 Deferred revenueStart of year $2,385,950$2,422,370
X-25 Other liabilities$41,000
X-26 Total liabilitiesStart of year $3,038,779$3,153,130
X-27 Net assets without donor restrictionsStart of year $6,289,438$6,256,387
X-32 Total net assets or fund balancesStart of year $6,289,438$6,256,387
X-33 Total liabilities and net assetsStart of year $9,328,217$9,409,517
Part XI · Reconciliation of net assets $6,256,387 net assets at year end
XI-1 Total revenue$3,093,938
XI-2 Total expenses$3,182,971
XI-3 Revenue less expenses−$89,033
XI-4 Net assets at start of year$6,289,438
XI-9 Other changes in net assets$55,982
XI-10 Net assets at end of year$6,256,387

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.