Wisconsin Chapter Of The Risk Management Association
- Assets
- $56.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Racine, WI
- Founding
- 06/1982
- Data as of
- 08/2022
- EIN
- 93-0802554
Organization Overview
Wisconsin Chapter Of The Risk Management Association is located in Racine, WI. The organization was established in 1982. 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. Wisconsin Chapter Of The 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 08/2022, Wisconsin Chapter Of The Risk Management Association generated $9.7k 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 (26.6%) each year. All expenses for the organization totaled $18.7k during the year ending 08/2022. 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
DEVELOPMENT OF COMPETENT CREDIT RISK PERSONNEL THROUGH TRAINING, MATERIAL, RMA JOURNAL, MEETINGS, CONFERENCES, AND EDUCATIONAL PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Deren Administrator | 1 | $3,497 | |
Melissa Torres Board Member | 1 | $0 | |
Derek Moehring Board Member | 1 | $0 | |
Kevin Graff Board Member | 1 | $0 | |
David Wilbik President | 1 | $0 | |
Kyle Dittmar Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,689 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,695 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,497 |
| Professional fees and other payments to independent contractors | $11,482 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $3,431 |
| Total expenses | $18,679 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,986 |
| Other assets | $0 |
| Total assets | $55,986 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,986 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harbor Group Insurance Trust Sioux Center, IA | $1,977,481 | $10,385,047 |
Marcus Corporation Employee Benefits Trust Milwaukee, WI | $0 | $8,029,877 |
Wisconsin Bankers Association Insurance Trust Fund Sun Prairie, WI | $545,730 | $8,671,517 |
Ccs Employee Benfits Group Inc Evanston, IL | $1,435,594 | $7,548,619 |
Rubicon Insurance Company Evanston, IL | $37,465,176 | $3,987,291 |
Burke Group Welfare Plan Trust Rosemont, IL | $1,472,219 | $7,136,171 |
Mada Insurance Inc St Paul, MN | $605,621 | $6,610,521 |
Michigan Property And Casualty Guaranty Association Novi, MI | $169,923,303 | $16,019,730 |
Kellogg Company Twenty-Five Year Employees Fund Inc Battle Creek, MI | $52,430,078 | $6,896,103 |
Mcii Benefit Plans Trust Des Plaines, IL | $0 | $6,361,748 |
Michigan Glass & Glazing Industry Welfare Insurance Fund Troy, MI | $9,322,867 | $5,414,184 |
Sheet Metal Local 219 Benefit Fund Rockford, IL | $9,732,113 | $6,977,671 |