Overview
What is University Risk Management And Insurance Association?
The University Risk Management and Insurance Association (URMIA) is a nonprofit organization, located at 400 W 7th Street STE 300, Bloomington, IN. Their primary mission is to advance the discipline of risk management in higher education. After reverting to a pre-pandemic style, URMIA held in-person events in 2022 and partnered with other associations to share resources. They also continued offering virtual programs, such as webinars, and saw a rise in attendance due to upgraded technology. URMIA's annual conference webinar series remained popular, with 70 individuals registering for live attendance. The association also boosted its podcast, URMIAmatters, with additional, self-produced content. In 2022, URMIA hosted five regional conferences in various locations, fostering a collaborative environment in the field of risk management in higher education. (120 words)
Official website here: www.urmia.org
Is University Risk Management And Insurance Association legitimate?
University Risk Management And Insurance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. University Risk Management And Insurance 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: $190,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $463,164
For more financial information, click here
Official website here: www.urmia.org
What is the mission statement of University Risk Management And Insurance Association?
The University Risk Management and Insurance Association, commonly known as URMIA, is dedicated to progressing the field of risk management in the higher education sector. Their mission is centered around enhancing the discipline, aiming to make significant strides in this area. In 2022, URMIA reverted to its pre-pandemic in-person event style, while simultaneously continuing to provide virtual programs. Their webinars, such as the Best of Annual Conference series, have proven popular, with more members accessing recordings. URMIA also upgraded its technology, improving the display of recorded events and increasing their usage. Additionally, the association hosted five regional conferences in 2022, furthering its mission in various locations.
Official website here: www.urmia.org
What is the revenue of University Risk Management And Insurance Association?
University Risk Management And Insurance Association's revenue in 2023 was $2,386,068.
Official website here: www.urmia.org
Who are the executives of University Risk Management And Insurance Association and what are their salaries?
The average compensation at University Risk Management And Insurance Association during 2023 was $43,594. There are 15 employees and 700 volunteers at University Risk Management And Insurance Association.
Here are 17 key members and their salaries:
- Compensation: $190,739
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- Other: $25,931
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Official website here: www.urmia.org
Where can I find the form 990 for University Risk Management And Insurance Association?
University Risk Management And Insurance Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.urmia.org
Learn more at the official website: www.urmia.org
Mission Statement of University Risk Management And Insurance Association
The University Risk Management and Insurance Association, abbreviated as URMIA, is committed to fostering the development of risk management in the higher education sector. Their mission is centered around advancing this discipline, aiming to enhance the overall safety and security within educational institutions.
In pursuit of this mission, URMIA employs various strategies. They engage in activities such as organizing events and conferences, both in person and virtually. In 2022, they reverted back to their pre-pandemic style of delivery, hosting in-person events, and also continued to offer virtual programs. They even partnered with other associations to share resources, demonstrating their commitment to collaboration and shared learning.
Furthermore, URMIA utilizes technology to enhance their offerings. They upgraded their library interface, making recorded events more accessible to members. The increased views and usage of these recordings indicate the value that URMIA provides to its members. Additionally, URMIA produces a podcast called URMIAmatters, which provides dynamic content to promote their conferences. They also host regional conferences, with locations including Atlanta, Chicago, Raleigh, Boston, and Denver. These conferences provide opportunities for networking and knowledge sharing within the risk management community in higher education.
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Impact
October, 2024
The University Risk Management and Insurance Association (URMIA) significantly enhances the discipline of risk management within higher education, fostering a culture of safety and preparedness across academic institutions. By organizing in-person and virtual events, URMIA facilitates knowledge sharing and collaboration among professionals, helping them navigate the complexities of risk management effectively.
In 2022, URMIA reverted to a pre-pandemic style of delivery, hosting regional conferences in key cities such as Atlanta, Chicago, Raleigh, Boston, and Denver. These conferences not only provide a platform for networking and education but also encourage partnerships with other associations to optimize resources, such as shared hotel space.
The organization has also made strides in technology and accessibility, upgrading its library interface to better display recorded events, which has led to increased member engagement with webinar recordings. With initiatives like the "Best of Annual Conference" webinar series and the continuation of the URMIAmatters podcast, URMIA has created valuable resources that extend beyond traditional formats, offering dynamic content and promoting ongoing learning.
Overall, URMIA’s initiatives not only advance risk management practices in higher education but also strengthen the community of professionals dedicated to this crucial discipline, ultimately contributing to safer and more resilient campus environments.
This information is meant to be a general summary of University Risk Management And Insurance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $147,499
- Program Service Revenue: $2,147,303
- Gross Receipts: $2,386,068
Assets and Liabilities:
- Total Assets: $3,731,941
- Total Liabilities: $693,050
- Net Assets: $3,038,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE REVENUE
Revenue
$1,249,944
DUES
Revenue
$757,150
REGIONAL CONFERENCE REVENUE
Revenue
$140,209
Organization Details
Founding Year
1974
Principal Officer
Julie Groves
Website
www.urmia.orgNTEE Category
Code: S41 - Community improvement
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