Risk And Insurance Management Society Inc
- Assets
- $74.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Station, NY
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 31-1594757
Organization Overview
Risk And Insurance Management Society Inc is located in Huntington Station, NY. The organization was established in 1998. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Risk And Insurance Management Society Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Risk And Insurance Management Society Inc generated $40.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $22.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BRING UPDATED INSURANCE INFORMATION TO OUR MEMBERS AND VARIOUS SEMINARS TO KEEP THEM INFORMED ON CYBER SECURITY, WORKERS COMPENSATION AND THE INSURANCE INDUSTRY AS A WHOLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Corigliano President | 5 | $0 | |
Sue Weingast Vice President | 5 | $0 | |
Frank Franzini Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,823 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,433 |
| Other Revenue | $0 |
| Total Revenue | $39,956 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,045 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,507 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $2,915 |
| Total expenses | $22,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,089 |
| Other assets | $0 |
| Total assets | $74,089 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,089 |