Model Risk Managers International Association is located in Santa Fe, NM. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Model Risk Managers International 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 12/2023, Model Risk Managers International Association generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $8.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
HOSTED ANNUAL VIRTUAL SUMMIT TO PROMOTE BEST PRACTICES IN MRM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Breeden President | 1 | $0 | |
Peter Quell Board Member | 1 | $0 | |
Thomas Dahlin Board Member | 1 | $0 | |
Alan Forrest Board Member | 1 | $0 | |
Raymond Anderson Board Member | 1 | $0 | |
Tyler Luster Controller | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,536 |
| Membership dues | $7,093 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,629 |
| 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 | $5,567 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,984 |
| Other expenses | $68 |
| Total expenses | $8,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,493 |
| Other assets | $0 |
| Total assets | $9,493 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,493 |