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North American Cro Council Incorporated C/O Mr Bill Primps

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

EIN: 461847740 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is North American Cro Council Incorporated C/O Mr Bill Primps?

North American CRO Council Incorporated, led by Mr. Bill Primps, is a nonprofit organization based in New York, NY. Its primary mission is to align North American regulatory requirements with insurance industry risk management practices, striving for harmony across various jurisdictions. The council advocates for the development and evaluation of capital requirements, utilizing internal risk models, and recognizes the advantages of risk identification, risk management, and risk diversification. The organization is situated in New York, NY, contributing to the insurance industry's regulatory landscape.


Official website here: www.crocouncil.org

Is North American Cro Council Incorporated C/O Mr Bill Primps legitimate?

North American Cro Council Incorporated C/O Mr Bill Primps is a legitimate nonprofit organization registered as a 501(c)(6) entity. North American Cro Council Incorporated C/O Mr Bill Primps 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: $0

For more financial information, click here


Official website here: www.crocouncil.org

What is the mission statement of North American Cro Council Incorporated C/O Mr Bill Primps?

The North American CRO Council Inc. works towards aligning regulatory requirements in North America with insurance industry risk management practices. The organization strives for harmonization of these requirements across jurisdictions. It also encourages the development and assessment of capital requirements, utilizing internal company-developed risk models. The Council recognizes the benefits of risk identification, risk controls, and risk diversification. Its primary goal is to promote sound practices in risk management within the insurance industry. However, the organization's mission statement is not provided in the given information.


Official website here: www.crocouncil.org

Who is the CEO of North American Cro Council Incorporated C/O Mr Bill Primps?

Geoff Craddock is the Chairperson of North American Cro Council Incorporated C/O Mr Bill Primps.


Official website here: www.crocouncil.org

What is the revenue of North American Cro Council Incorporated C/O Mr Bill Primps?

North American Cro Council Incorporated C/O Mr Bill Primps's revenue in 2022 was $280,480.


Official website here: www.crocouncil.org

Who are the executives of North American Cro Council Incorporated C/O Mr Bill Primps and what are their salaries?


Here are 2 key members and their salaries:


Klaus Diem (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Craddock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crocouncil.org

Where can I find the form 990 for North American Cro Council Incorporated C/O Mr Bill Primps?

North American Cro Council Incorporated C/O Mr Bill Primps's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.crocouncil.org

Learn more at the official website: www.crocouncil.org

Mission Statement of North American Cro Council Incorporated C/O Mr Bill Primps

The North American CRO Council Incorporated, under the leadership of Mr. Bill Primps, is committed to fostering harmony between regulatory requirements in North America and the insurance industry's risk management practices. The organization's primary objective is to ensure that these requirements are in line with sound practices, thereby promoting a consistent approach across different jurisdictions. Furthermore, the North American CRO Council Incorporated advocates for the development and assessment of capital requirements. This assessment is based on internal company-created risk models, which recognize the significant benefits derived from identifying risks, implementing controls, and diversifying risk exposure.

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Impact




October, 2024

North American CRO Council Incorporated, led by Mr. Bill Primps, plays a crucial role in enhancing risk management practices within the insurance industry across North America. By advocating for the alignment of regulatory requirements with sound industry practices, the organization helps ensure that companies operate under a consistent framework, which fosters stability and confidence in the financial sector.

The Council's efforts to harmonize regulatory requirements across jurisdictions facilitate a more streamlined approach to compliance for insurance firms. This is particularly important in a landscape marked by diverse regulations that can create confusion and inefficiencies. Through its initiatives, the Council promotes the development and assessment of capital requirements based on internal risk models, which encourages organizations to adopt tailored strategies that reflect their unique risk profiles.

Moreover, by emphasizing the importance of risk identification, controls, and diversification, the North American CRO Council fosters a culture of proactive risk management. This not only benefits individual companies but also bolsters the overall integrity of the insurance market, contributing to community improvement and economic resilience. Through its impactful work, the Council significantly enhances the sector's ability to navigate challenges and uncertainties while supporting sound financial practices.




This information is meant to be a general summary of North American Cro Council Incorporated C/O Mr Bill Primps. 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
$280,480 (2022)
Expenses
$413,333 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $280,000
  • Gross Receipts: $280,480

Assets and Liabilities:

  • Total Assets: $930,163
  • Total Liabilities: $102,432
  • Net Assets: $827,731

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Programs

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

MEMBERSHIP DUES

Revenue

$280,000

Organization Details

Founding Year

2013

Principal Officer

Geoff Craddock

Main Address

CULLEN DYKMAN LLP, NEW YORK, NY, 10005

NTEE Category

Code: S40 - Community improvement

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