Overview
What is Noracs?
Noracs is a network of small actuarial consulting firms based in Pittsburgh, Pennsylvania. This organization serves an educational role by facilitating the exchange of knowledge and resources among its members. Twice a year, Noracs organizes meetings where its members share best practices, marketing strategies, and IT security solutions to help each other improve and solve challenges within their respective firms. By pooling their collective wisdom, Noracs aims to enhance the capabilities and success of all its member firms.
Official website here: www.globacs.org
Is Noracs legitimate?
Noracs is a legitimate nonprofit organization registered as a 501(c)(6) entity. Noracs submitted a form 990EZ, 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.
Official website here: www.globacs.org
What is the mission statement of Noracs?
Noracs, an association of small actuarial consulting firms, serves an educational role by disseminating relevant resources such as newsletters, articles, and hosting regular meetings. The primary objective of these gatherings is for members to exchange best practices, thus aiding each firm within the organization in addressing challenges and implementing new problem-solving solutions. The organization encourages knowledge sharing by allowing its members to discuss their marketing strategies, fostering innovation and improvement across all participating firms. Furthermore, Noracs focuses on enhancing IT security practices within its member firms, ensuring they remain up-to-date and safeguarded against potential threats.
Official website here: www.globacs.org
Who is the CEO of Noracs?
Jeanne Michaud is the Secretary of Noracs.
Official website here: www.globacs.org
What is the revenue of Noracs?
Noracs's revenue in 2022 was $22,480.
Official website here: www.globacs.org
Who are the executives of Noracs and what are their salaries?
There is 1 key member and their salary:
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.globacs.org
Where can I find the form 990EZ for Noracs?
Noracs's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.globacs.org
Learn more at the official website: www.globacs.org
Mission Statement of Noracs
Noracs, an association of small actuarial consulting firms, serves an essential role in the actuarial field by functioning as an educational resource. The organization accomplishes this through the publication of newsletters, articles, and by hosting regular meetings. During these gatherings, Noracs members share best practices and problem-solving solutions, enabling each firm to benefit from the collective wisdom and experiences of the organization. This collaborative approach extends to marketing strategies, with each firm contributing their insights to enhance the marketing efforts of all the organizations within Noracs.
Furthermore, Noracs places a significant emphasis on IT security. By sharing best practices in this area, the organization aids its members in fortifying their digital defenses, ensuring that their clients' data remains secure. This proactive approach to IT security underscores Noracs' commitment to maintaining the highest levels of professionalism and reliability within the actuarial consulting industry. By fostering a collaborative environment and promoting knowledge sharing, Noracs empowers its members to deliver superior services to their clients.
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Impact
October, 2024
Noracs significantly impacts the actuarial consulting landscape by fostering collaboration among small firms. By serving as a hub for educational resources, it empowers its members through newsletters, articles, and biannual meetings, where they can exchange best practices. This collaborative atmosphere enhances problem-solving and encourages innovation within member firms.
The organization promotes a culture of knowledge sharing, particularly in marketing strategies, which allows firms to explore new ideas and refine their approaches. This collective intelligence strengthens the marketing capabilities of all member firms, contributing to their competitive edge.
Additionally, Noracs prioritizes IT security by disseminating best practices, ensuring that member firms are well-equipped to safeguard sensitive information and maintain client trust. Through these initiatives, Noracs not only improves the operational effectiveness of its member firms but also elevates the overall standards of the industry. By fostering a community of learning and support, Noracs plays a crucial role in enhancing the sustainability and growth of small actuarial consulting firms.
This information is meant to be a general summary of Noracs. 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.
- Gross Receipts: $22,480
Assets and Liabilities:
- Total Assets: $22,925
- Total Liabilities: $0
- Net Assets: $22,925
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Organization Details
Principal Officer
Jeanne Michaud
Main Address
444 LIBERTY AVENUE SUITE 605, Pittsburgh, PA, 15222
Website
www.globacs.orgNTEE Category
Code: S41 - Community improvement
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