Risk & Insurance Management Society Of New Jersey Inc
- Assets
- $183.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 22-3597104
Organization Overview
Risk & Insurance Management Society Of New Jersey Inc is located in Trenton, NJ. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Risk & Insurance Management Society Of New Jersey 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 12/2022, Risk & Insurance Management Society Of New Jersey Inc generated $33.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $16.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
HOSTED SEMINARS AND EDUCATIONAL PROGRAMS FOR MEMBERS TO ADVANCE THEORIES ON RISK MANAGEMENT AND INSURANCE. PROVIDE SCHOLARSHIP FUNDS TO STUDENTS STUDYING RISK MANAGEMENT AND INSURANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Adamik Director Membership | 1 | $0 | |
Michael Hartman Director, Membership | 0 | $0 | |
Krzysztof Wrzos Director, Ass't Webmasater | 1 | $0 | |
Ira Jenkins Director, Chapter Delegate | 1 | $0 | |
Matylda Spataro Director | 1 | $0 | |
Laurie Erickson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $70 |
| Membership dues | $9,853 |
| Investment income | $396 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,515 |
| Other Revenue | $0 |
| Total Revenue | $33,834 |
| 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 | $577 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $83 |
| Other expenses | $15,837 |
| Total expenses | $16,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,152 |
| Other assets | $0 |
| Total assets | $183,152 |
| Total liabilities | $0 |
| Net assets or fund balances | $183,152 |