National Risk Retention Association

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

EIN: 363533185 ✦ Encino, CA ✦ Designated as a 501(c)(6)

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Overview

What is National Risk Retention Association?

The National Risk Retention Association, situated in Encino, California, is a nonprofit organization with a single employee. Their primary objective is to cater to the educational needs of their association members, providing a platform for interaction among industry leaders. Moreover, they engage in regulatory, legislative, and judicial advocacy, safeguarding the Liability Risk Retention Act. This advocacy work is crucial in protecting their organization's interests and ensuring compliance with relevant regulations.


Official website here: www.nrra-usa.org

Is National Risk Retention Association legitimate?

National Risk Retention Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Risk Retention 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: $70,258

For more financial information, click here


Official website here: www.nrra-usa.org

What is the mission statement of National Risk Retention Association?

The National Risk Retention Association's mission statement revolves around advocacy, specifically in the regulatory, legislative, and judicial domains. Their primary goal is to safeguard the Liability Risk Retention Act. In addition to advocacy, they also focus on education, catering to the educational needs of their association members and serving as a platform for communication among industry leaders.


Official website here: www.nrra-usa.org

Who is the CEO of National Risk Retention Association?

Joseph E Deems is the Principal Officer of National Risk Retention Association.


Official website here: www.nrra-usa.org

What is the revenue of National Risk Retention Association?

National Risk Retention Association's revenue in 2022 was $387,587.


Official website here: www.nrra-usa.org

Who are the executives of National Risk Retention Association and what are their salaries?

The average compensation at National Risk Retention Association during 2022 was $70,258. There is 1 employee and 50 volunteers at National Risk Retention Association.


Here are 13 key members and their salaries:


Nancy Gray (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Harkavy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Nofziger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Hancock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Truax Mccuin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanford Elsass (Board Member Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Dewane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Beardall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Kindstedt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William P White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Deems - Deems Law Offices (Executive Director)
  • Compensation: $115,000
  • Related: $0
  • Other: $0


Official website here: www.nrra-usa.org

Where can I find the form 990 for National Risk Retention Association?

National Risk Retention Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nrra-usa.org

Learn more at the official website: www.nrra-usa.org

Mission Statement of National Risk Retention Association

The National Risk Retention Association, a notable organization, is dedicated to advocating for regulatory, legislative, and judicial protections of the Liability Risk Retention Act. Their mission is centered around safeguarding this act, a crucial piece of legislation in their field. By engaging in advocacy efforts, they aim to ensure the act remains robust and effective in mitigating liability risks.

In addition to their advocacy work, the National Risk Retention Association also serves the educational needs of its association members. They provide a platform for industry leaders to communicate and share knowledge, fostering a collaborative environment. By offering educational resources, they contribute to the professional growth and development of their members, strengthening the overall industry.

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Impact




October, 2024

The National Risk Retention Association (NRRA) significantly influences the landscape of liability risk management through its dedicated advocacy efforts. By focusing on regulatory, legislative, and judicial advocacy, the NRRA actively works to safeguard the Liability Risk Retention Act, ensuring that its provisions remain effective and relevant for its members.

In addition to its advocacy role, the NRRA addresses the educational needs of industry stakeholders. It provides a vital platform for communication among leaders in the risk retention community, fostering collaboration and sharing of best practices. This educational focus empowers members with the knowledge required to navigate the complexities of liability risks effectively.

Overall, the NRRA's impact is felt in its commitment to enhancing the stability and effectiveness of risk retention groups, thereby contributing to broader community improvement and resilience in facing liability challenges.




This information is meant to be a general summary of National Risk Retention 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
$387,587 (2022)
Expenses
$375,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $229,472
  • Gross Receipts: $387,587

Assets and Liabilities:

  • Total Assets: $189,240
  • Total Liabilities: $130,113
  • Net Assets: $59,127

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Programs

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

MEMBERSHIP DUES

Revenue

$188,694

CONFERENCE REVENUE

Revenue

$40,778

Organization Details

Founding Year

1987

Principal Officer

Joseph E Deems

Main Address

16133 VENTURA BLVD 1055, ENCINO, CA, 91436

NTEE Category

Code: S41 - Community improvement

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