RISK AND INSURANCE MANAGEMENT SOCIETY INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- RISK AND INSURANCE MANAGEMENT SOCIETY INC (EIN 13-1860397)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-12-26
- IRS object ID
- 202423619349300702
- Schema version
- 2023v5.1
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-26T08:57:34+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Advisory Group LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 Fruitville Pike Suite 400 | AddressLine1Txt |
| City | Lancaster | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131860397 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RISK AND INSURANCE MANAGEMENT SOCIETY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RISK | BusinessNameControlTxt |
| Phone | 2122869292 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 228 PARK AVE S PMB 23312 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100031502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gary Labranche | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2122869292 | PhoneNum |
| Signature | 2024-12-26 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kerri N Bogda CPA | PreparerPersonNm |
| PTIN | P00760402 | PTIN |
| Phone | 7177404863 | PhoneNum |
| Preparation | 2024-12-26 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY LABRANCHE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 228 PARK AVE S PMB 23312 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100031502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,803,221 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.RIMS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1978 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE, ENGAGE AND ADVOCATE FOR THE GLOBAL RISK COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 52 | TotalEmployeeCnt |
| Total Volunteers | 145 | TotalVolunteersCnt |
| Total Gross UBI | $390,175 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $21,085 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,559,510 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,665,956 | CYProgramServiceRevenueAmt |
| PY Investment Income | $141,618 | PYInvestmentIncomeAmt |
| CY Investment Income | $294,719 | CYInvestmentIncomeAmt |
| PY Other Revenue | $419,416 | PYOtherRevenueAmt |
| CY Other Revenue | $603,669 | CYOtherRevenueAmt |
| PY Total Revenue | $15,141,629 | PYTotalRevenueAmt |
| CY Total Revenue | $18,564,344 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $51,468 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $254,502 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,386,307 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,264,638 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,374,157 | PYOtherExpensesAmt |
| CY Other Expenses | $10,491,235 | CYOtherExpensesAmt |
| PY Total Expenses | $16,811,932 | PYTotalExpensesAmt |
| CY Total Expenses | $19,010,375 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,670,303 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$446,031 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,248,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,948,496 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,670,989 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,735,160 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,577,721 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,213,336 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Risk and Insurance Management Society, Inc. empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. The strategic goals of the organization are: 1) Ensure a sustainable and adaptable organizational structure; 2) Equip risk professionals to succeed in an evolving environment; 3) Enhance engagement with members and the broader risk management community; 4) Expand RIMS influence worldwide. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Events - RIMS' conferences continue to be the risk management profession's leading events that offer valuable interaction with experienced speakers, relevant and practical presentations, and peer knowledge sharing opportunities. This program is responsible for the planning and production of RIMS Annual Conference & Exhibition known as RISKWORLD, RIMS ERM Conference, and RIMS Canada Conference. RIISKWORLD is the definitive event for risk professionals, which attracted approximately 8,000 risk professionals (member, nonmembers and exhibitors) worldwide in 2022 when RIMS was able to return to an in-person event post-COVID and increased to nearly 9,000 in 2023. This prestigious event offers its attendees in-depth education for all career levels, a dynamic marketplace featuring 400+ state of the art solutions, and multiple peer networking opportunities. In 2023, RISKWORLD offered focused tracks on claims management, career development, ESG, risk mitigation, strategic and enterprise risk management and insurance topics. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Membership and Member Services - The Membership program serves RIMS population of approximately 9,000 members and 80 chapters. This program reviews and monitors goals for member recruitment and retention and includes all member marketing, recruiting, retention expenses, student initiatives and competitions, and chapter-related expenses including RIMS Canada Council. Other activities include the career center and benchmark and compensation surveys. RIMS is dedicated to the development of tomorrow's risk management leaders through various initiatives, including the Rising Risk Professional Community, the RIMS Anita Benedetti Student Involvement Program, and the annual Risk Management Challenge. In 2023, RIMS launched an updated virtual membership engagement resource, ENGAGE, which improved the process of researching risk management issues and building professional relationships through networking opportunities. RIMS also launched an updated chapter management platform to assist chapters with numerous administrative processes including enhanced internal controls. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Knowledge and Learning - The Society offers a robust group of educational programs through in-person, on demand and online instructor-led courses, workshops, webinars, Chapter events and corporate training programs. Workshops focus on key educational needs for the risk management profession including Applying & Integrating ERM, Fundamentals of Insurance, Fundamentals of Risk Management, and preparatory courses for the RIMS-CRMP certification. Online courses are also offered through partnerships with vendors. Workshops focus on key educational needs for the risk management profession including Applying & Integrating ERM, Fundamentals of Insurance, Fundamentals of Risk Management, and preparatory courses for the RIMS-CRMP certification. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| DescDesc |
|---|
| Publications - Risk Management Magazine is RIMS's flagship publication and includes articles of interest to professionals responsible for risk and insurance management in business and industrial firms, public administration and government, insurance companies, agents and brokers, business services and others allied to the field. By providing in-depth analysis of the world of risk, Risk Management Magazine is a vital source of pertinent information for risk professionals and those who engage with risk professionals. RIMS Risk-Wire, distributed twice per week, is an exclusive news service for RIMS members that provides an executive summary and links to the most important risk management stories of the day. The RIMScast podcast is produced regularly and leading experts in the risk world on various topics and issues important to risk professionals. |
| Public Policy (formerly External Affairs) - This program encompasses government affairs, advocacy and external communications and focuses on U.S. federal, state and Canadian federal and provincial legislative and regulatory issues that impact the risk management community. The program maintains a standing External Affairs Committee that is responsible for crafting RIMS position statements, composing letters to members of Congress, and establishing RIMS legislative priorities. In 2023, RIMS held its most widely attended Legislative Summit in the organization's history. The program maintains contact with its members throughout North America regarding all legislative development via the RIMS website, newsletters and e-mail alerts and offers resources on advocacy to members and nonmembers. |
| Certification - RIMS offers the only competency-based risk management credential, an accredited RIMS-CRMP certification that validates performance ability, technical knowledge and commitment to risk management quality standards. It represents the standard of education, experience and ethics that the discipline requires and allows certification holders to demonstrate their knowledge, competitive advantage, and commitment to quality and ethics. This program area also administers the GRMI programs for the Canadian Risk Management (CRM) designation. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 52 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY LABRANCHE CEO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122869292 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 228 PARK AVE S PMB 23312 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100031502 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| DAVID ARICK | |||||||||
| VICE PRESIDENT | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER SANTIAGO | |||||||||
| PRESIDENT | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KEVIN BATES | |||||||||
| SECRETARY | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KRISTEN PEED | |||||||||
| TREASURER | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHRISTIE WEINSTEIN | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINA GARDNER | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTY KAUFFMAN | |||||||||
| Director | 3.0 | 0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN KLINE | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MANNY PADILLA | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK STERLING | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| PENNI CHAMBERS | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| TINA GARDINER | |||||||||
| DIRECTOR | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| GARY LABRANCHE | |||||||||
| CHIEF EXECUTIVE OFFICER | 34.8 | 0.3 | Yes (X) | $508,394 | $0 | $76,312 | |||
| KATHERINE GLEDHILL | |||||||||
| CHIEF FINANCIAL OFFICER | 34.8 | 0.3 | Yes (X) | $217,126 | $0 | $13,356 | |||
| ANNETTE HOMAN | |||||||||
| CHIEF OPERATING OFFICER | 34.8 | 0.3 | $237,853 | $0 | $42,653 | Yes (X) | |||
| LESLIE WHITTET | |||||||||
| CHIEF MEMBER EXPERIENCE OFFICER | 35.0 | 0.0 | $171,245 | $0 | $20,190 | Yes (X) | |||
| MARK PRYSOCK | |||||||||
| GENERAL COUNSEL | 34.8 | 0.3 | $238,377 | $0 | $29,185 | Yes (X) | |||
| MICHAEL PETERS | |||||||||
| CHIEF TECHNOLOGY OFFICER | 35.0 | 0.0 | $216,851 | $0 | $53,626 | Yes (X) | |||
| STUART RUFF-LYON | |||||||||
| CHIEF SALES & EVENTS OFFICER | 35.0 | 0.0 | $205,341 | $0 | $28,404 | Yes (X) | |||
| DENISE TERESA OSORIO | |||||||||
| VP-PROFESSIONAL DEVELOPMENT | 35.0 | 0.0 | $179,372 | $0 | $10,351 | Yes (X) | |||
| KRIS WOLCOTT | |||||||||
| DIRECTOR OF SALES | 35.0 | 0.0 | $156,904 | $0 | $48,022 | Yes (X) | |||
| RICHARD OFOSU | |||||||||
| LEAD NET DEVELOPER | 35.0 | 0.0 | $144,427 | $0 | $21,722 | Yes (X) | |||
| ROBIN TALLANT | |||||||||
| DIRECTOR OF MARKETING | 35.0 | 0.0 | $160,900 | $0 | $8,928 | Yes (X) | |||
| SCOTT BALDRIDGE | |||||||||
| SYSTEMS ENGINEER MANAGER | 35.0 | 0.0 | $135,298 | $0 | $33,401 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,572,088 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $386,150 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| FREEMAN | ||||||
| 6320 EAST STASSNEY LANE STE 375 | AUSTIN | TX | 78744 | CONFERENCE LOGISTICS/MANAGEMENT | $1,424,680 | |
| Juice Studios | ||||||
| 931 Monroe Drive NE Suite A102 | Atlanta | GA | 30308 | Destination Management Services-RiskWorld | $250,308 | NO 348 |
| Hosts Destination Services | ||||||
| 189 Kentlands Blvd Suite 300 | Gaithersburg | MD | 20878 | Event Management | $248,990 | |
| Convention Store | ||||||
| 405 Headquarters Drive Suite 7 | Millersville | MD | 21108 | Shuttle Bus Supplier-RiskWorld | $248,964 | |
| Clifton Larson Allen | ||||||
| 220 South Sixth Street Suite 300 | Minneapolis | MN | 55402 | Outsourced System Implementation Services | $235,729 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| CONFERENCE/SEMINARS | 900099 | $12,044,216 | $12,044,216 | |
| MEMBERSHIP DUES | 900099 | $2,524,153 | $2,524,153 | |
| PROFESSIONAL DEVELOPMENT | 541900 | $1,236,856 | $1,236,856 | |
| ADMINISTRATIVE FEES | 541900 | $953,598 | $953,598 | |
| ADVERTISING | 541800 | $502,697 | $154,013 | $348,684 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $404,436 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $404,436 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,665,956 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $347,660 | TotalRevenueColumnAmt |
| Exclusion | $347,660 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $511,061 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,155 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $502,906 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $502,906 | TotalRevenueColumnAmt |
| Exclusion | $502,906 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $177,781 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $230,722 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$52,941 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$52,941 | TotalRevenueColumnAmt |
| Exclusion | -$52,941 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| RIMS CAREER CENTER | 900099 | $41,491 | $41,491 | |
| CANADA COUNCIL INCOME | 900099 | $15,000 | $15,000 | |
| EARLY PAY DISCOUNTS | 900099 | $13,471 | $13,471 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,801 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $30,801 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $100,763 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,564,344 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,317,272 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $390,175 | UnrelatedBusinessRevenueAmt |
| Exclusion | $856,897 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,591 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,390 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,521 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,887,668 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,934,519 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $970,607 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,844 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,998 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,047 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,494 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,656 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,882,227 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,540 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,090,148 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,049,655 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,855 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,136,424 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,376,221 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,657 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,665 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,059 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| FACILITIES/EQUIPMENT RENTAL | $947,612 |
| PHOTOGRAPHY/VIDEOGRAPHY | $142,430 |
| MINOR EQUIPMENT | $133,367 |
| DUES & SUBSCRIPTIONS | $127,360 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,820 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,010,375 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,135,852 | BOYAmt |
| EOY | $2,567,024 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $744,432 | BOYAmt |
| EOY | $957,547 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,282 | BOYAmt |
| EOY | $290,251 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,157,630 | BOYAmt |
| EOY | $1,036,304 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,604,292 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,031,011 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,039 | BOYAmt |
| EOY | $573,281 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,165,273 | BOYAmt |
| EOY | $9,797,340 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $612,446 | BOYAmt |
| EOY | $673,277 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,635,756 | BOYAmt |
| EOY | $6,053,472 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,248,710 | BOYAmt |
| EOY | $21,948,496 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $780,678 | BOYAmt |
| EOY | $1,818,191 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,276,896 | BOYAmt |
| EOY | $6,112,941 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,613,415 | BOYAmt |
| EOY | $8,804,028 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,670,989 | BOYAmt |
| EOY | $16,735,160 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,577,721 | BOYAmt |
| EOY | $5,213,336 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,577,721 | BOYAmt |
| EOY | $5,213,336 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,248,710 | BOYAmt |
| EOY | $21,948,496 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$446,031 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,085,366 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,720 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
| Dues Assessments | $2,898,809 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $512,494 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $512,494 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $449,607 | AggregateReportedDuesNtcAmt |
| Carried Over | $62,887 | CarriedOverAmt |
| Taxable | $0 | TaxableAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $246,116 | OtherCostOrOtherBasisAmt |
| Depreciation | $91,467 | DepreciationAmt |
| Book Value | $154,649 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $835,357 | OtherCostOrOtherBasisAmt |
| Depreciation | $835,357 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,522,819 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,104,187 | DepreciationAmt |
| Book Value | $418,632 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $573,281 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE TO/FROM | $1,068 |
| OFFICE RENT SECURITY DEPOSIT | $300,505 |
| OPERATING LEASE RIGHT OF USE ASSETS | $5,751,899 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,053,472 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO/FROM GRMI | $178,466 |
| LIABILITY FOR CHAPTER INVESTMENTS | $89,109 |
| LINE OF CREDIT | $656,772 |
| SECURITY DEPOSIT LIABILITY | $150,929 |
| OPERATING LEASE LIABILITY | $7,728,752 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,804,028 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,614,489 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,085,366 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$43,376 | OtherRevenueAmt |
| Revenue Not Reported | $1,041,990 | RevenueNotReportedAmt |
| Revenue Subtotal | $18,572,499 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$8,155 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$8,155 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $18,564,344 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,978,874 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $8,155 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,155 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,970,719 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $39,656 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $39,656 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,010,375 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | UNDER ASC 740, INCOME TAXES, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED FOR, AND RECEIVED, INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE ORGANIZATION HAS FILED IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEAR ENDED DECEMBER 31, 2023, THERE WERE NO INTEREST OR PENALTIES NECESSARY TO BE RECORED OR INCLUDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | INVESTMENT EXPENSES - -39656 FOREIGN CURRENCY EXCHANGE LOSS - -3720 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | RENT EXPENSES FOR SUBLEASE - -8155 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | RENT EXPENSES FOR SUBLEASE - 8155 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | INVESTMENT EXPENSES - 39656 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | SOCIAL MEDIA FEED, LEGAL FEES, TAX FILINGS, REGISTERED AGENT, AUDIT SERVICES, TAXES PAID | BUSINESS DEVELOPMENT | $55,689 |
| Europe (Including Iceland and Greenland) | 0 | 0 | BUSINESS DEVELOPMENT | BUSINESS DEVELOPMENT | $7,421 |
| North America (Canada & Mexico only) | 0 | 0 | INSURANCE, TAX FILINGS, EVENTS | STUDENT INITIATIVES | $1,027,606 |
| South Asia | 0 | 0 | MARKETING, EVENTS, COURSE INSTRUCTOR FEE, MANUALS FOR EDUCATION COURSE | EVENTS | $13,855 |
| Sub-Saharan Africa | 0 | 0 | business development | business development | $1,000 |
| North America (Canada & Mexico only) | 0 | 0 | Grantmaking | Grants | $150,521 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,256,092 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,256,092 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (10 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| North America (Canada & Mexico only) | educational purposes at chapter level | $26,957 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $13,828 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $15,219 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $14,249 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $13,921 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $10,621 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $8,535 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $7,862 | Wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $8,609 | wire |
| North America (Canada & Mexico only) | educational purposes at chapter level | $22,458 | wire |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | The grants awarded by the RIMS Canada Council in 2023 were a one-time disbursement to each of the Canadian chapters. Each chapter was provided with and signed a grant agreement. Occasionally smaller, need-based stipends are awarded by the RCC which also have an award agreement. |
| Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual |
| Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements | NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Spencer Educational Foundation | |||||||
| 1407 Broadway 29th Fl | new york | NY | 10018 | 581420617 | 501(c)(3) | $82,191 | grant and sponsorship |
| Foundation for Hospital Art Inc | |||||||
| 131 Village Ctr West | Woodstock | GA | 30188 | 581563444 | 501(c)(3) | $14,400 | Annual Conference |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Disaster Relief Assistance | GrantTypeTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $7,390 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE ACCOUNTED FOR IN THE GENERAL LEDGER AND MONITORED BY THE FINANCE DEPARTMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GARY LABRANCHE | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $479,894 | $0 | $28,500 | $0 | $0 | $0 | $26,854 | $0 | $49,458 | $0 | $584,706 | $0 | $0 | $0 |
| KATHERINE GLEDHILL | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $217,126 | $0 | $0 | $0 | $0 | $0 | $12,512 | $0 | $844 | $0 | $230,482 | $0 | $0 | $0 |
| ANNETTE HOMAN | ||||||||||||||
| CHIEF OPERATING OFFICER | $237,853 | $0 | $0 | $0 | $0 | $0 | $14,360 | $0 | $28,293 | $0 | $280,506 | $0 | $0 | $0 |
| MICHAEL PETERS | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $216,851 | $0 | $0 | $0 | $0 | $0 | $13,133 | $0 | $40,493 | $0 | $270,477 | $0 | $0 | $0 |
| MARK PRYSOCK | ||||||||||||||
| GENERAL COUNSEL | $238,377 | $0 | $0 | $0 | $0 | $0 | $12,900 | $0 | $16,285 | $0 | $267,562 | $0 | $0 | $0 |
| STUART RUFF-LYON | ||||||||||||||
| CHIEF SALES & EVENTS OFFICER | $205,341 | $0 | $0 | $0 | $0 | $0 | $12,119 | $0 | $16,285 | $0 | $233,745 | $0 | $0 | $0 |
| LESLIE WHITTET | ||||||||||||||
| CHIEF MEMBER EXPERIENCE OFFICER | $171,245 | $0 | $0 | $0 | $0 | $0 | $5,262 | $0 | $14,928 | $0 | $191,435 | $0 | $0 | $0 |
| KRIS WOLCOTT | ||||||||||||||
| DIRECTOR OF SALES | $156,904 | $0 | $0 | $0 | $0 | $0 | $9,583 | $0 | $38,439 | $0 | $204,926 | $0 | $0 | $0 |
| DENISE TERESA OSORIO | ||||||||||||||
| VP-PROFESSIONAL DEVELOPMENT | $179,372 | $0 | $0 | $0 | $0 | $0 | $10,351 | $0 | $0 | $0 | $189,723 | $0 | $0 | $0 |
| ROBIN TALLANT | ||||||||||||||
| DIRECTOR OF MARKETING | $160,900 | $0 | $0 | $0 | $0 | $0 | $8,928 | $0 | $0 | $0 | $169,828 | $0 | $0 | $0 |
| SCOTT BALDRIDGE | ||||||||||||||
| SYSTEMS ENGINEER MANAGER | $135,298 | $0 | $0 | $0 | $0 | $0 | $8,157 | $0 | $25,244 | $0 | $168,699 | $0 | $0 | $0 |
| RICHARD OFOSU | ||||||||||||||
| LEAD NET DEVELOPER | $144,427 | $0 | $0 | $0 | $0 | $0 | $8,548 | $0 | $13,174 | $0 | $166,149 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | Travel costs were covered for Karen LaBranche, wife of CEO Gary LaBranche. |
| Schedule J, Part I, Line 1a Tax indemnification and gross-up payments | Gary LaBranche, CEO, was provided with grossed up tax coverage. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Section B, Amended Return | The form 990 is being amended to account for a reclass of grants between foreign and domestic organizations and individuals as reported on Part IX, lines 1, 2, and 3 and on Schedule F, Parts I & II and Schedule I, Parts II & III. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) Publications - Risk Management Magazine is RIMS's flagship publication and includes articles of interest to professionals responsible for risk and insurance management in business and industrial firms, public administration and government, insurance companies, agents and brokers, business services and others allied to the field. By providing in-depth analysis of the world of risk, Risk Management Magazine is a vital source of pertinent information for risk professionals and those who engage with risk professionals. RIMS Risk-Wire, distributed twice per week, is an exclusive news service for RIMS members that provides an executive summary and links to the most important risk management stories of the day. The RIMScast podcast is produced regularly and leading experts in the risk world on various topics and issues important to risk professionals. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) Public Policy (formerly External Affairs) - This program encompasses government affairs, advocacy and external communications and focuses on U.S. federal, state and Canadian federal and provincial legislative and regulatory issues that impact the risk management community. The program maintains a standing External Affairs Committee that is responsible for crafting RIMS position statements, composing letters to members of Congress, and establishing RIMS legislative priorities. In 2023, RIMS held its most widely attended Legislative Summit in the organization's history. The program maintains contact with its members throughout North America regarding all legislative development via the RIMS website, newsletters and e-mail alerts and offers resources on advocacy to members and nonmembers. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) Certification - RIMS offers the only competency-based risk management credential, an accredited RIMS-CRMP certification that validates performance ability, technical knowledge and commitment to risk management quality standards. It represents the standard of education, experience and ethics that the discipline requires and allows certification holders to demonstrate their knowledge, competitive advantage, and commitment to quality and ethics. This program area also administers the GRMI programs for the Canadian Risk Management (CRM) designation. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | RISK AND INSURANCE MANAGEMENT SOCIETY, INC. IS A MEMBERSHIP ORGANIZATION. MEMBERSHIP TYPES ARE PROFESSIONAL (EMPLOYED WITH RISK RESPONSIBILITIES), ASSOCIATE (VENDOR TO RISK MANAGEMENT PROFESSION), STUDENT (FULL TIME STUDENT MAJORING IN RISK MANAGEMENT, INSURANCE OR BUSINESS), EDUCATIONAL (PROFESSOR IN A PROGRAM PROVIDING RISK MANAGEMENT, INSURANCE OR BUSINESS EDUCATION) RETIRED, AND TRASITIONAL (MEMBER WHO LOST EMPLOYMENT), INDIVIDUAL (EMPLOYED WITH RISK RESPONSIBILITIES, BUT JOIN SEPARATE FROM THEIR ORGANIZATION). |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | ORGANIZATIONAL MEMBERS ELECT THE BOARD OF DIRECTORS. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | CHANGES TO THE BYLAWS REQUIRE APPROVAL BY THE VOTING (ORGANIZATIONAL) MEMBERS. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S MANAGEMENT. THE DRAFT FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT. AFTER REVIEW THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| Form 990, Part VI, Line 12c Conflict of interest policy | BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS UPON APPOINTMENT AND HIRE. GENERAL COUNSEL REVIEWS CONTRACTS BEFORE THEY ARE EXECUTED. AS PART OF THAT REVIEW, QUESTIONS MAY ARISE REGARDING THE OTHER PARTY'S KEY STAKEHODLERS. IF A CONFLICT IS IDENTIFIED, THE GENERAL COUNSEL WILL CONTACT THE RIMS VOLUNTEER WITH THE POTENTIAL CONFLICT, QUESTION HIM/HER ABOUT THE POTENTIAL CONFLICT, AND THEN RELAY ANY INFORMATION TO THE AUDIT COMMITTEE. OF NOTE: WE HAVE NOT ENCOUNTERED ANY CONFLICTS OF INTEREST TO DATE. THE POLICY APPLIES TO DIRECTORS, OFFICERS, COMMITTEE AND COUNCIL VOLUNTEERS, AND KEY STAFF MEMBERS. AS PREVIOUSLY STATED, THE GENERAL COUNSEL WILL MAKE AN INITIAL DETERMINATION ABOUT A POTENTIAL CONFLICT, AFTER WHICH IT WOULD BE FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE INDIVIDUAL WITH THE CONFLICT WILL BE ASKED TO RECUSE HIMSELF/HERSELF FROM ANY DELIBERATIONS OR DECISIONS RELATED TO THE BUSINESS TRANSACTION. IF THE CONFLICT IS DEEMED SUBSTANTIAL, THE INDIVIDUAL MAY BE ASKED TO RESIGN HIS/HER VOLUNTEER POSITION WITH RIMS. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE ORGANIZATION'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES CHANGES TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION. RIMS CONTRACTS WITH A THIRD PARTY TO REVIEW AND DETERMINE THE COMPETITIVENESS OF THE BASE SALARY AND TOTAL COMPENSATION PROPOSED FOR THE CEO IN RELATION TO PEER ORGANIZATIONS, OTHER NOT-FOR-PROFIT ORGANIZATIONS, AND, AS APPROPRIATE, FOR-PROFIT ENTITIES. THE THIRD PARTY PROVIDED INFORMATION REGARDING THE REASONABLENESS AND APPROPRIATENESS OF TOTAL COMPENSATION PROVIDED TO THE CEO TO DETERMINE COMPLIANCE WITH INTERMEDIATE SANCTIONS REGULATIONS. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | PUBLICATIONS - Total Revenue: 404436, Related or Exempt Function Revenue: 404436, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | MISCELLANEOUS INCOME - Total Revenue: 10784, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 10784; SURVEY INCOME - Total Revenue: 8580, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 8580; RIMS STORE - Total Revenue: 5750, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 5750; FUNDING FROM FORFEITURE ACCT - Total Revenue: 5687, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 5687; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | FOREIGN CURRENCY EXCHANGE - -3720; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL RISK MANAGEMENT INSTITUTE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 228 PARK AVE S PMB 23312 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100031502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134059911 | EIN |
| Primary Activities | PROFESSIONAL DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Global Risk Management Institute | ||
| L | $70,000 | Management Agreement |
| Global Risk Management Institute | ||
| R | $252,990 | NF Account Posting |