Overview
What is Risk Management Associates Rma?
Risk Management Associates Rma, based in Chesapeake, Virginia, is a member-focused organization that plays a significant role in the financial services sector. Their core mission is to propagate robust risk management practices, aiming to enhance institutional performance and financial outcomes. This is achieved by promoting principles that encompass credit risk, market risk, operational risk, and securities lending, along with addressing regulatory issues. To achieve this, they host conferences that serve as platforms for industry professionals to share knowledge and best practices, ultimately strengthening their collective approach to risk management.
Is Risk Management Associates Rma legitimate?
Risk Management Associates Rma is a legitimate nonprofit organization registered as a 501(c)(6) entity. Risk Management Associates Rma 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:
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What is the mission statement of Risk Management Associates Rma?
Risk Management Associates Rma, as a member-driven professional association, is dedicated to promoting and advancing sound risk management principles within the financial services industry. Their primary objective is to enhance institutional performance and financial results by employing these risk management principles. The organization accomplishes this through hosting conferences that emphasize an enterprise approach to risk management, focusing on areas such as credit risk, market risk, operational risk, securities lending, and regulatory issues.
Who is the CEO of Risk Management Associates Rma?
Curt Solomon is the President of Risk Management Associates Rma.
What is the revenue of Risk Management Associates Rma?
Risk Management Associates Rma's revenue in 2023 was $116,043.
Who are the executives of Risk Management Associates Rma and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Risk Management Associates Rma?
Risk Management Associates Rma's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Risk Management Associates Rma
Risk Management Associates RMA, as a member-driven professional association, is dedicated to promoting the advancement of sound risk management principles within the financial services sector. The organization's mission is to enhance institutional performance and financial results by employing these risk management principles. By doing so, RMA aims to improve the overall stability and success of the financial industry. This is achieved through hosting conferences that focus on various risk management aspects, including credit risk, market risk, operational risk, securities lending, and regulatory issues. The organization's efforts in this regard contribute to a more robust and resilient financial services industry.
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Impact
October, 2024
Risk Management Associates (RMA) plays a significant role in enhancing the financial services industry by advancing sound risk management principles. By promoting an enterprise-wide approach to risk management, RMA addresses critical areas such as credit risk, market risk, operational risk, securities lending, and regulatory issues. This comprehensive focus not only strengthens institutional performance but also contributes positively to financial results.
Through hosted conferences and events, RMA fosters collaboration among industry professionals, allowing for the sharing of best practices and innovative strategies in risk management. This network of experts helps organizations navigate complex financial landscapes, ultimately leading to improved decision-making and compliance with regulations.
RMA’s impact extends beyond individual institutions to the broader financial community, reinforcing stability and resilience in the industry. By equipping financial organizations with the tools and knowledge necessary to manage risks effectively, RMA plays a pivotal role in driving community improvement and ensuring sustainable growth in the sector.
This information is meant to be a general summary of Risk Management Associates Rma. 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: $199
- Program Service Revenue: $112,106
- Gross Receipts: $116,043
Assets and Liabilities:
- Total Assets: $299,839
- Total Liabilities: $0
- Net Assets: $299,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
Revenue
$112,106
Organization Details
Founding Year
1914
Principal Officer
Curt Solomon
Main Address
732 Eden Way North STE 274E, Chesapeake, VA, 23320
NTEE Category
Code: S41 - Community improvement
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