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THE RISK MANAGEMENT ASSOCIATION

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Public IRS 990 nonprofit record

THE RISK MANAGEMENT ASSOCIATION

EIN 23-0892360 · Education (B)

What they do

RMA is A MEMBER-DRIVEN PROFESSIONAL ASSOCIATION WHOSE SOLE PURPOSE is to ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY. RMA is A MEMBER-DRIVEN PROFESSIONAL ASSOCIATION WHOSE SOLE PURPOSE is to ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders38 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$104.36spent for every $100 of revenueSpending was higher than revenue this year.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $433,509 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $3,386,432 for FOSTER NANCY (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$9,942,725
Expenses$10,376,234
Annual shortfall $433,509 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$9,942,725
Expenses$10,376,234
Grants given$1,965,256
Average grant$982,628
Stocks and bonds$32,133,185
Accounting fees$21,055
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
FOSTER NANCYPRESIDENT & CEO · 40 hrs/week $3,386,432Base $3,112,326 · Other $274,106
EDWARD DEMARCOCORPORATE SECRETARY, CAO · 40 hrs/week $730,994Base $623,516 · Other $107,478
SANDEEP KHARIDHIDIRECTOR · 40 hrs/week $680,952Base $579,027 · Other $101,925
BRIAN LONGCFO · 40 hrs/week $421,625Base $381,587 · Other $40,038
FRANCIS GARRITTDIR. OF SECURITIES LENDING · 40 hrs/week $370,888Base $279,596 · Other $91,292
CELINA N ROGERDIRECTOR · 40 hrs/week $319,548Base $309,946 · Other $9,602
STEVEN J MARTINDIRECTOR · 40 hrs/week $309,166Base $267,797 · Other $41,369
STACEY E BLISSETTCIO · 40 hrs/week $277,757Base $244,157 · Other $33,600
KRISTEN KAMINSKIDIRECTOR · 40 hrs/week $276,085Base $252,645 · Other $23,440
WILLIAM LOFTUSRELATIONSHIP MANAGER · 40 hrs/week $240,853Base $201,755 · Other $39,098
MICHAEL DELUCCHIDIRECTOR OF MEMBER ENGAGEM · 40 hrs/week $239,355Base $237,302 · Other $2,053
FREDA HOCONTROLLER · 40 hrs/week $230,386Base $187,858 · Other $42,528

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (38)

FOSTER NANCYPRESIDENT & CEO

EDWARD DEMARCOCORPORATE SECRETARY, CAO

SANDEEP KHARIDHIDIRECTOR

BRIAN LONGCFO

FRANCIS GARRITTDIR. OF SECURITIES LENDING

CELINA N ROGERDIRECTOR

STEVEN J MARTINDIRECTOR

STACEY E BLISSETTCIO

KRISTEN KAMINSKIDIRECTOR

WILLIAM LOFTUSRELATIONSHIP MANAGER

MICHAEL DELUCCHIDIRECTOR OF MEMBER ENGAGEM

FREDA HOCONTROLLER

DAVID GABELHCE

ANN MARIE ADAMSPRODUCT MANAGER

MICHAEL NASSYIMMEDIATE PAST CHAIR

AMANDA NORTONDIRECTOR

TJ HAYNES-MORGANEX OFFICIO DIRECTOR

AVANI PAREKHEX OFFICIO DIRECTOR

STEPHANIE BONTEMPSDIRECTOR

CAROL SEVERYNEX OFFICIO DIRECTOR

SETH WALLERDIRECTOR

CRYSTAL HUMPHREYSEX OFFICIO DIRECTOR

PHILIPPA X GIRLINGVICE CHAIR

PAUL SASSIENIEX OFFICIO DIRECTOR

MONIA BOWEDIRECTOR

MICHELA VERNONEX OFFICIO DIRECTOR

HEIDI ANDRIONDIRECTOR

GEORGE BUCHANANDIRECTOR

MARY KAPFEREREX OFFICIO DIRECTOR

MARK W MIDKIFFTREASURER

MARK WHIPPLEEX OFFICIO DIRECTOR

MARK BRUCKERDIRECTOR

GRAEME HEPWORTHDIRECTOR

KIERAN FALLONDIRECTOR

KEVIN SLANEDIRECTOR

JULIE NOSSEREX OFFICIO DIRECTOR

JODI RICHARDCHAIR

HUMBERTO SALOMONEX OFFICIO DIRECTOR

About this charity

Recognized since
June 1934
Location
2005 MARKET STREET 3600, PHILADELPHIA, PA 19103
County
Philadelphia
In care of
DEBBIE BIANUCCI
Primary officer
DEBBIE BIANUCCI, CFO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
September 1, 2023
Return type
990
Tax preparer
KREISCHER MILLER
NTEE classification
Education (B)
IRS tax category
Education
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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