Overview
What is Municipal Risk Management Inc?
Municipal Risk Management Inc, established in 1982, is a nonprofit corporation headquartered in Sewickley, Pennsylvania. Its primary mission involves cooperating with municipalities, Pennsylvania municipal authorities, and other tax-exempt governmental agencies to reduce liability for workers' compensation insurance. This is accomplished through a municipal safety group concept, which aims to decrease injuries, lower costs, and deliver savings and dividends to members with good claims records. The organization's strategy incorporates effective loss control programs, risk management, fiscal management, and compliance with Pennsylvania statutes and regulations to ensure safer working conditions and full benefits for municipal employees. To date, Municipal Risk Management Inc has returned over $9.1 million in dividends to its member governments, resulting in significant savings for their taxpayers.
Is Municipal Risk Management Inc legitimate?
Municipal Risk Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Municipal Risk Management 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.
Here are some key statistics you may want to consider:
Executive Compensation: $438,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,554
For more financial information, click here
Mission Statement of Municipal Risk Management Inc
Municipal Risk Management Inc, established in 1982, is a non-profit organization with a mission to save taxpayer funds for municipalities in Pennsylvania. Its primary objective is to pool the premiums of statutory, tax-exempt municipal entities in the Commonwealth to provide adequate coverage for all required statutory coverages. By doing so, Municipal Risk Management Inc aims to reduce member costs and expenses through effective loss control programs, risk management, fiscal management, and other appropriate means. This strategy is designed to comply with the statutes of Pennsylvania and regulations requiring safer working conditions for all municipal employees, ensuring full benefits. The ultimate goal of this non-profit corporation is to reduce claims, lower premiums, and provide a safe work environment for municipal employees, thereby demonstrating its commitment to the well-being of the communities it serves.
Impact
This information is meant to be a general summary of Municipal Risk Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Municipal Risk Management Inc's impact can be seen in the significant savings and dividends it has provided to its member governments. Through its MUNICIPAL SAFETY GROUP concept, the organization has effectively reduced injuries, lowered costs, and returned over $9.1 million in dividends to its members. This has resulted in a noticeable decrease in net costs for worker's compensation, benefitting both the governments involved and their taxpayers. By pooling premiums and implementing effective risk management and loss control programs, Municipal Risk Management Inc has demonstrated a clear commitment to enhancing safety in the workplace and ensuring compliance with regulations while generating public benefits.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRUST II ADMIN. FEES
Revenue
$1,320,000
PLT ADMINISTRATIVE SER
Revenue
$298,083
Organization Details
Founding Year
1982
Phone
(734) 934-9797
Principal Officer
Christine A Caliguiri
Main Address
1603 CARMODY CT BLAYMORE II STE 4, SEWICKLEY, PA, 15143
NTEE Category
Code: W99Z - Public benefit
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