Million Dollar Round Table
501(c)(6)
Only null% goes to programs Strong reserves
Million Dollar Round Table is a 501(c)(6) organization based in Park Ridge, Illinois, registered in 1969, with $85,265,275 in FY2024 revenue. CharityIndex grades it A.
325 W Touhy Ave, Park Ridge, IL, 60068 EIN 36-2138427 Since 1969
Revenue (FY2024)
$85.3M
▲ 21.9% vs prior year
Expenses (FY2024)
$82.7M
Net assets
$140.2M
Employees
150
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Million Dollar Round Table— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Million Dollar Round Table: 20 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Million Dollar Round Table: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Million Dollar Round Table: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of the million dollar round table (mdrt) is to be a valued member-driven global network of leading insurance and investment financial service professionals who serve their clients by exemplary performance and the highest standard of ethics, knowledge, service, and productivity.
What they do
Mdrt publishes a bi-monthly periodical that concentrates on trends and opportunities specific to the financial services profession.
Mdrt provides digital content that is housed on its resource zone. this includes mdrt podcasts, videos, meeting transcripts, and the mdrt blog.
Contact & location
- Address
- 325 W Touhy Ave, Park Ridge, IL, 60068
- City
- Park Ridge
- State
- Illinois
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $32.9M (FY2013) to $85.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.0MNet assets $140.2M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$153.2M
Total liabilities
$13.0M
Net assets
$140.2M
Salaries & benefits
$23.5M
28% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,265,275▲21.9% | $82,717,930▲28.3% | $140,208,490▲5.1% | $153,169,745▲1.6% | 990 |
| 2023 | $69,970,199▲15.2% | $64,463,660▼2.7% | $133,451,510▲11.9% | $150,827,969▲10.1% | 990 |
| 2022 | $60,723,868▼21.6% | $66,256,825▲23.9% | $119,232,273▼9.9% | $136,935,617▼12.7% | 990 |
| 2021 | $77,496,799▲68.5% | $53,477,385▲31.9% | $132,369,495▲12.0% | $156,791,326▲8.7% | 990 |
| 2020 | $46,003,696▼27.2% | $40,541,289▼23.0% | $118,223,327▲7.8% | $144,260,991▲12.8% | 990 |
| 2019 | $63,188,418▲7.8% | $52,618,358▲17.9% | $109,671,911▲20.7% | $127,838,521▲21.3% | 990 |
| 2018 | $58,639,188▲10.9% | $44,628,051▲21.9% | $90,830,328▲8.6% | $105,354,353▲5.0% | 990 |
| 2017 | $52,889,010▲18.3% | $36,621,660▲8.4% | $83,624,300▲30.4% | $100,383,910▲34.1% | 990 |
| 2016 | $44,723,147▲27.9% | $33,796,370▲21.6% | $64,118,800▲20.6% | $74,877,654▲11.7% | 990 |
| 2015 | $34,972,248▼8.5% | $27,785,633▼9.2% | $53,169,424▲13.6% | $67,064,299▲17.2% | 990 |
| 2014 | $38,236,027▲16.3% | $30,604,688▲8.4% | $46,788,678▲8.6% | $57,217,305▲11.3% | 990 |
| 2013 | $32,871,287 | $28,224,203▲10.8% | $43,102,924▲25.6% | $51,416,529▲17.6% | 990 |
| 2012 | — | $25,462,192▲10.9% | $34,315,568▲27.2% | $43,736,091▲18.3% | 990 |
| 2011 | — | $22,958,578▲10.0% | $26,978,871▲2.6% | $36,960,905▲15.3% | 990 |
| 2010 | — | $20,867,233 | $26,297,640 | $32,069,379 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stephen Stahr — $994,021 (1.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Stahr | Ceo | 39 | $994,021 |
| Barbara O'connor | Managing Director | 39.5 | $333,529 |
| Smruti Rajagopalan | Senior Director, Strategy | 39.5 | $286,280 |
| Laura Good | Senior Director, Hr | 39.5 | $280,909 |
| Pamela Brown | Director of Leadership and | 39.5 | $266,080 |
| James Unander | Senior Director of It | 39.5 | $257,583 |
| Carol Kheng | President | 5 | $112,308 |
| Greg Gagne | Past President | 10 | $88,788 |
| Peggy Tsai | Former Past President | 5 | $61,041 |
| Clay Gillespie | 2nd Vice President | 5 | $58,924 |
| John Nichols | 1st Vice President | 5 | $48,914 |
| Aurora Tancock | Secretary | 5 | $35,206 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Bigspeak Inc | Conference Speakers | $422,460 |
| Csc Holding LLC | Conference Platform, Guestroom, Food & B | $394,054 |
| C2 Imaging LLC | Services For Membership Application, Ret | $375,734 |
| Cliftonlarsonallen LLP | Auditing Services | $228,193 |
| Irep Newbury Hotel LLC | Conference Platform, Guestroom, Food & B | $157,454 |
Grants made · $13.1M in FY2024
4 grants totaling $13.1M in FY2024. All grants made by Million Dollar Round Table →
| Recipient | Purpose | Amount |
|---|---|---|
| Mdrt Academy | Intercompany debt cancellation | $9,556,327 |
| Mdrt Global Services | Intercompany debt cancellation | $3,198,678 |
| Million Dollar Round Table Foundation | Grants to other charitable organizations | $314,417 |
| Asae Research Foundation | Contributions | $10,000 |
Frequently asked questions
- Is Million Dollar Round Table a legitimate nonprofit?
- Yes. Million Dollar Round Table is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 36-2138427, based in Park Ridge, Illinois.
- What is Million Dollar Round Table's EIN?
- Million Dollar Round Table's Employer Identification Number (EIN) is 36-2138427.
- How much revenue does Million Dollar Round Table report?
- Million Dollar Round Table reported $85,265,275 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Million Dollar Round Table have?
- CharityIndex grades Million Dollar Round Table A, based on financial health (reserves and operating margin).
- How much does Million Dollar Round Table's highest-paid employee make?
- The highest reported compensation on Million Dollar Round Table's latest Form 990 is $994,021, paid to Stephen Stahr (Ceo).
More nonprofits in Park Ridge
Explore more
Data for Million Dollar Round Table (EIN 36-2138427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.