Overview
What is Global Association Of Risk Professionals Inc?
The Global Association of Risk Professionals Inc, based in Jersey City, New Jersey, is a renowned nonprofit organization dedicated to promoting risk awareness and setting global standards in risk management. With a staff of approximately 110 individuals, they offer professional certification programs, such as the Financial Risk Manager (FRM) and Sustainability and Climate Risk (SCR) certificates, which are rigorously respected worldwide. By earning these certifications, risk management professionals demonstrate expertise and commitment to best practices. Additionally, GARP partners with firms and central banks to deliver foundational and advanced risk awareness programs, enabling thousands of finance professionals globally to promote a risk-conscious culture. Their mission is to help create a risk-aware culture within organizations, from entry level to board level, making GARP the globally recognized membership association for risk managers.
Official website here: www.garp.com
Is Global Association Of Risk Professionals Inc legitimate?
Global Association Of Risk Professionals Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Global Association Of Risk Professionals Inc 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: $4,588,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,640,293
For more financial information, click here
Official website here: www.garp.com
What is the mission statement of Global Association Of Risk Professionals Inc?
The Global Association of Risk Professionals (GARP) is a not-for-profit organization and the leading membership association for risk managers worldwide. Its primary goal is to foster a culture of risk awareness within organizations, from entry level to board level. In the field of financial risk management, GARP sets the global standard with its professional designations, the FRM (Financial Risk Manager) certification and SCR (Sustainability and Climate) certificate. Through educational programs, specialized content, in-person and online events, and its chapter program, GARP promotes best practices in risk management and supports the ongoing professional and career development of risk managers.
Official website here: www.garp.com
Who is the CEO of Global Association Of Risk Professionals Inc?
Richard Apostolik is the President & Ceo of Global Association Of Risk Professionals Inc. The CEO's salary of Global Association Of Risk Professionals Inc is $2,090,151 and their total compensation is $2,124,514.
Official website here: www.garp.com
What is the revenue of Global Association Of Risk Professionals Inc?
Global Association Of Risk Professionals Inc's revenue in 2022 was $42,600,268.
Official website here: www.garp.com
Who are the executives of Global Association Of Risk Professionals Inc and what are their salaries?
The average compensation at Global Association Of Risk Professionals Inc during 2022 was $176,412. There are 109 employees at Global Association Of Risk Professionals Inc.
Here are 22 key members and their salaries (Global Association Of Risk Professionals Inc's CEO's salary is $2,090,151 and their total compensation is $2,124,514):
- Compensation: $2,090,151
- Related: $0
- Other: $34,363
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $753,891
- Related: $0
- Other: $46,171
- Compensation: $1,042,663
- Related: $0
- Other: $43,782
- Compensation: $422,218
- Related: $0
- Other: $36,901
- Compensation: $299,142
- Related: $0
- Other: $34,353
- Compensation: $375,620
- Related: $0
- Other: $0
- Compensation: $598,779
- Related: $0
- Other: $45,349
- Compensation: $638,330
- Related: $0
- Other: $45,676
- Compensation: $431,560
- Related: $0
- Other: $40,708
- Compensation: $375,576
- Related: $0
- Other: $49,147
Official website here: www.garp.com
Where can I find the form 990 for Global Association Of Risk Professionals Inc?
Global Association Of Risk Professionals Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.garp.com
Learn more at the official website: www.garp.com
Mission Statement of Global Association Of Risk Professionals Inc
The Global Association of Risk Professionals Inc, a not-for-profit organization, is the world's leading membership association for risk managers. With a mission to advance the risk profession, GARP promotes a culture of risk awareness within organizations, from entry level to board level. In the field of financial risk management, GARP sets the global standard through its prestigious FRM (Financial Risk Manager) certification and SCR (Sustainability and Climate) certificate.
Through its educational programs, specialized content, in-person and online events, and chapter program, GARP champions best practices in risk management. The organization supports ongoing professional and career development for risk managers, empowering them to effectively manage and mitigate risks for their organizations. GARP's influence extends beyond its membership base, contributing to the global risk management community as a whole. By fostering a global network of risk professionals, GARP is at the forefront of driving innovation and excellence in risk management.
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Impact
October, 2024
The Global Association of Risk Professionals (GARP) plays a pivotal role in advancing the risk profession globally. Through a strong focus on education, training, and the promotion of best practices, GARP contributes significantly to fostering a robust culture of risk awareness across various organizations and industries.
One of GARP's critical contributions is its rigorous certification programs, notably the Financial Risk Manager (FRM) certification and the Sustainability and Climate Risk (SCR) certificate. These qualifications are internationally recognized and set the standard for expertise in risk management. By offering these comprehensive exams annually, GARP helps finance professionals demonstrate their commitment to best practices in risk management, enhancing their career prospects and standing within their organizations.
Moreover, GARP's initiatives extend beyond certification. The organization partners with firms and central banks to deliver foundational and advanced risk awareness programs, catering to both entry-level personnel and senior management. This broad outreach has enabled tens of thousands of finance professionals worldwide to cultivate a risk-aware culture within their enterprises, thus contributing to more resilient financial systems.
Through educational programs, specialized content, and in-person or online events, GARP not only supports ongoing professional development for risk managers but also helps to institutionalize sound risk management practices across various sectors. By promoting a culture of risk awareness from the ground up, GARP significantly influences the way organizations perceive and manage risk, ultimately enhancing their operational stability and sustainability.
This information is meant to be a general summary of Global Association Of Risk Professionals Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,998,618
- Program Service Revenue: $40,372,919
- Gross Receipts: $45,189,909
Assets and Liabilities:
- Total Assets: $64,361,453
- Total Liabilities: $28,816,414
- Net Assets: $35,545,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXAMS AND COURSE MATERIALS
Revenue
$37,472,676
MEMBERSHIP DUES
Revenue
$1,882,204
COUNTRY SPECIFIC PROGRAMS
Revenue
$647,818
INSTRUCTIONAL SEMINARS
Revenue
$339,554
WEB SEMINAR
Revenue
$30,667
Organization Details
Founding Year
2002
Phone
(201) 719-7210Principal Officer
Richard Apostolik
Main Address
111 TOWN SQUARE PLACE 14TH FLR, JERSEY CITY, NJ, 07310
Website
www.garp.comNTEE Category
Code: S41 - Community improvement
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