Arbitration Forums Inc

Organization Overview

Arbitration Forums Inc is located in Tampa, FL. The organization was established in 1982. According to its NTEE Classification (I51) the organization is classified as: Dispute Resolution & Mediation, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Arbitration Forums Inc employed 191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arbitration Forums 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 12/2021, Arbitration Forums Inc generated $36.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $41.5m during the year ending 12/2021. While expenses have increased by 7.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Arbitration Forums Inc has awarded 38 individual grants totaling $419,401. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE OUR MEMBER'S RECOVERY AND RESOLUTION NEEDS THROUGH SERVICE, COLLABORATION, AND INNOVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ARBITRATION SERVICES: IN 2021, ITS MEMBERS FILED ALMOST 869,000 DISPUTES AND 2 MILLION SUBROGATION DEMANDS COLLECTIVELY WORTH MORE THAN $17.6 BILLION IN CLAIMS AS A COST EFFECTIVE ALTERNATIVE TO LITIGATION FOR THE INSURANCE INDUSTRY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Oracle America Inc
Software/hardware It Services
$820,359
Ahead Inc
Software/hardware It Services
$656,266
Reurgency Llc
It Consulting
$311,156
Dynatrace Llc
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$298,614
Reliaquest Llc
Siem And Soc Services
$455,489
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$36,282,544
Investment income $1,447,402
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$802,352
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,926,852

Grants Awarded

Over the last fiscal year, Arbitration Forums Inc has awarded $64,111 in support to 6 organizations.

Grant RecipientAmount

HOPE CHILDREN'S HOME

Org PageRecipient Profile

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$17,395

THE SPRING OF TAMPA BAY INC

Org PageRecipient Profile

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$16,137

RONALD MCDONALD HOUSE CHARITIES OF TAMPA BAY INC

Org PageRecipient Profile

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$10,924

METROPOLITAN MINISTRIES

Org PageRecipient Profile

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$8,264

AMERICAN RED CROSS

Org PageRecipient Profile

Washington, DC

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$5,742

HUMANE SOCIETY OF TAMPA BAY

Org PageRecipient Profile

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$5,649
View Grant Profile

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