Weather Risk Management Association
- Assets
- $172.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 52-2181249
Organization Overview
Weather Risk Management Association is located in St Paul, MN. The organization was established in 2000. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weather Risk Management Association 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 12/2021, Weather Risk Management Association generated $76.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $136.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
DUE TO THE COVID-19 PANDEMIC WRMA HAD TO CANCEL ITS NORMALLY SCHEDULED IN-PERSON CONFERENCES IN THE UNITED STATES & EUROPE IN 2021. IN 2022 WRMA PLANS TO RESUME ITS CONFERENCES HELD IN THE US & EUROPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Renner Past President | 2 | $0 | |
David Whitehead Vice President | 2 | $0 | |
Lesley Ndlovu Sec/treasurer | 2 | $0 | |
Claire Wilkinson President | 2 | $0 | |
Chris Chamberlain Director | 1 | $0 | |
Luca Pontecorvi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,456 |
| Membership dues | $63,875 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $93,595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $345 |
| Other expenses | $42,532 |
| Total expenses | $136,472 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,574 |
| Other assets | $0 |
| Total assets | $172,650 |
| Total liabilities | $32,548 |
| Net assets or fund balances | $140,102 |
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|---|---|---|
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