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State Risk & Insurance Management Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010442447 ✦ Bismarck, ND ✦ Designated as a 501(c)(3)

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Overview

What is State Risk & Insurance Management Association?

The State Risk & Insurance Management Association is a notable nonprofit organization situated in Bismarck, North Dakota. Its primary function is to organize an annual conference, serving as an educational seminar for its members engaged in risk and insurance management within state governments. The association's mission is to foster collaboration among these professionals, promoting the progression of risk management principles and practices within the public sector. They achieve this by facilitating knowledge exchange, providing training opportunities, and upholding high professional and ethical standards among their membership.


Official website here: www.strima.org

Is State Risk & Insurance Management Association legitimate?

State Risk & Insurance Management Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Risk & Insurance Management Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.strima.org

What is the mission statement of State Risk & Insurance Management Association?

The State Risk & Insurance Management Association's mission is to foster a collaborative platform for risk and insurance managers in various state governments. Their primary objective is to encourage the development and implementation of effective risk management principles and practices within the public sector. This is achieved by exchanging information, facilitating training opportunities, and upholding the highest standards of professionalism and ethics among its membership. The association's primary activity is the annual State Risk & Insurance Management Association Conference, an educational seminar designed for its members.


Official website here: www.strima.org

Who is the CEO of State Risk & Insurance Management Association?

Faith Cox is the President of State Risk & Insurance Management Association.


Official website here: www.strima.org

What is the revenue of State Risk & Insurance Management Association?

State Risk & Insurance Management Association's revenue in 2022 was $298,940.


Official website here: www.strima.org

Who are the executives of State Risk & Insurance Management Association and what are their salaries?

There 10 volunteers at State Risk & Insurance Management Association.


Here are 10 key members and their salaries:


Faith Cox (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Hagler (President Elect - Educ Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Ellis (Past President - Web Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Roberson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Gregory (Secretary - Outreach Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Culp (Conference Host)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Harris (Past President - Afirm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mileham (Conference Host Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan West (Associate Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jed Ross (Cost Of Risk Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.strima.org

Where can I find the form 990 for State Risk & Insurance Management Association?

State Risk & Insurance Management Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.strima.org

Learn more at the official website: www.strima.org

Mission Statement of State Risk & Insurance Management Association

The State Risk & Insurance Management Association, a prominent organization, aims to unite risk and insurance managers from various state governments. Its mission is to foster the advancement of risk management principles and practices within the public sector. This is achieved by encouraging information exchange, facilitating training opportunities, and upholding the highest level of professional and ethical standards among its members. The association serves as a platform for its members to learn from one another, thereby promoting best practices in risk management within the public sector. The primary activity of this organization is the annual conference, which is an educational seminar designed specifically for its members. This event provides an opportunity for members to engage in insightful discussions, gain new knowledge, and network with their peers, thereby enhancing their skills and contributing to the overall improvement of risk management in the public sector.

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Impact




October, 2024

The State Risk & Insurance Management Association (SRIMA) plays a crucial role in enhancing the landscape of risk management within state governments. By bringing together risk and insurance managers, the organization fosters a collaborative environment where members can exchange valuable information and best practices.

SRIMA's annual conference serves as a key platform for education and professional development, offering seminars that address contemporary challenges and innovations in risk management. This focus on training equips members with the skills and knowledge necessary to implement effective risk management strategies within the public sector.

Additionally, SRIMA promotes high ethical standards among its members, ensuring that the principles of transparency and integrity are upheld in all risk management practices. This commitment to professional excellence not only benefits the members themselves but also enhances the overall quality of risk management in state government operations, ultimately leading to better public service outcomes.

In summary, SRIMA’s impact lies in its ability to unite professionals in the field, facilitate knowledge sharing, and elevate the standards of risk management practices in the public sector.




This information is meant to be a general summary of State Risk & Insurance Management Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$298,940 (2022)
Expenses
$345,943 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $136
  • Program Service Revenue: $101,250
  • Gross Receipts: $298,940

Assets and Liabilities:

  • Total Assets: $441,955
  • Total Liabilities: $24,963
  • Net Assets: $416,992

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONF REGISTRATION ASSO

Revenue

$71,050

CONF REGISTRATION GOVT

Revenue

$27,800

CONF REGISTRATION WAIV

Revenue

$2,400

Organization Details

Founding Year

1974

Principal Officer

Faith Cox

Main Address

547 S 7TH ST SUITE 184, BISMARCK, ND, 58504

NTEE Category

Code: W03 - Public benefit

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