Risk & Insurance Management Society is located in Houston, TX. The organization was established in 1957. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, 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 & Insurance Management Society 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, Risk & Insurance Management Society generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $100.4k during the year ending 12/2021. 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
DISSEMINATION TO MEMBERS INFORMATION REGARDING FEDERAL STATE LEGISLATION WHICH AFFECTS THE ABILITIES TO SHICH MEMBERS COMPANIES ARE EXPOSED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Strege President | 3 | $0 | |
Cindi Weldon Treasurer | 3 | $0 | |
Stephanie Fisher Vice - President | 3 | $0 | |
Indya Wilson Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $11,319 |
Membership dues | $11,473 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $20,876 |
Other Revenue | $0 |
Total Revenue | $43,668 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $100,445 |
Total expenses | $100,445 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $152,111 |
Other assets | $0 |
Total assets | $152,111 |
Total liabilities | $0 |
Net assets or fund balances | $152,111 |
Organization Name | Assets | Revenue |
---|---|---|
New Mexico Association Of Counties Santa Fe, NM | $7,716,712 | $6,705,906 |
Property Insurance Association Of Louisiana Metairie, LA | $13,528,634 | $6,013,264 |
Independent Insurance Agents Of Texas Austin, TX | $16,269,345 | $3,665,225 |
Society Of Certified Insurance Service Representatives Inc Austin, TX | $3,983,502 | $3,156,813 |
American Securities Association Dallas, TX | $782,054 | $1,666,002 |
Independent Insurance Agents And Brokers Of Louisiana Inc Baton Rouge, LA | $9,967,133 | $1,762,629 |
Oklahoma Association Of Insurance Agents Oklahoma City, OK | $1,481,989 | $1,599,588 |
Towing Vessel Inspection Bureau Channelview, TX | $576,720 | $901,588 |
High Plains Retreat Center Canyon, TX | $2,132,312 | $562,156 |
Building Industry Association Of The Highland Lakes Marble Falls, TX | $238,469 | $208,667 |
Independent Insurance Agents Association Of Greater Oklahoma Ci Oklahoma City, OK | $1,196,146 | $504,340 |
Texas Association Of Benefit Administrators Plano, TX | $78,280 | $122,254 |