Reinsurance Administration Professionals Association

Organization Overview

Reinsurance Administration Professionals Association is located in Trumbull, CT. The organization was established in 2014. 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. Reinsurance Administration Professionals 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 12/2021, Reinsurance Administration Professionals Association generated $14.6k 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 (23.1%) each year. All expenses for the organization totaled $12.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PLANNED AND EXECUTED A SPRING & FALL CONFERENCE WHERE SUBJECT MATTER EXPERTS PRESENTED ON RELEVANT REINSURANCE TOPICS TO MEMBERS AND OTHER ATTENDEES. THE CONFERENCE ALSO PROVIDED NETWORKING OPPORTUNITIES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$12,000
Membership dues$2,625
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$14,625

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