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Public Risk Management Association

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

EIN: 541526552 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Public Risk Management Association?

The Public Risk Management Association is a nonprofit organization situated in Alexandria, Virginia. With a workforce of six dedicated individuals, their primary mission is to foster effective risk management as a fundamental aspect of public administration, serving the public interest. They accomplish this through annual conferences, providing members with educational sessions on various public risk management topics. The association aims to equip public administrators with the necessary tools to manage and mitigate potential risks, ultimately ensuring the well-being and stability of the communities they serve.


Official website here: www.primacentral.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The Public Risk Management Association has received a solid Three-Star rating from Charity Navigator, reflecting a score of 83%. This rating indicates a strong commitment to accountability and finance, as the score is derived entirely from this category. The organization excels in its governance, featuring a board composed entirely of independent members, which enhances transparency and integrity in its operations.

Key strengths include high marks for financial statements and oversight, with an audit and oversight committee that meets all the required criteria. The association has implemented several important policies, including conflict of interest and whistleblower protections, which further demonstrate their dedication to ethical management practices. Additionally, a significant portion of their expenses, approximately 84.77%, goes directly to programs, indicating effective utilization of resources.

However, the organization has a few limitations, particularly concerning its liabilities to assets ratio, which stands at 67.73%. While this does not significantly detract from its overall rating, it may raise questions about financial stability. Overall, the Public Risk Management Association showcases a robust framework for accountability, making it a reliable option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Public Risk Management Association?

100% of the five reviewers on Facebook recommend the Public Risk Management Association. Here is a summary of their reviews:

Reviewers highlight the organization as an outstanding resource for public risk managers, noting that it provides valuable tools and materials that simplify their responsibilities. Many express appreciation for the association's commitment to supporting professionals in the field, making it an essential resource for anyone involved in public risk management.

Overall, the sentiment is overwhelmingly positive, with users expressing satisfaction with the services and resources offered by the association. It's clear that the Public Risk Management Association effectively delivers on its mission to empower risk management professionals.


This AI summary has been generated from reviews found on Facebook.

Is Public Risk Management Association legitimate?

Public Risk Management Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Risk Management 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: $205,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,751

For more financial information, click here


Official website here: www.primacentral.org/

What is the mission statement of Public Risk Management Association?

The Public Risk Management Association is committed to advocating for the importance of risk management in the public sector, viewing it as a vital aspect of public administration. Their mission is to promote and foster effective risk management strategies in the public interest. This organization annually hosts an event for its members, featuring educational sessions on various topics related to public risk management.


Official website here: www.primacentral.org/

Who is the CEO of Public Risk Management Association?

Jennifer Ackerman is the President of Public Risk Management Association. The CEO's salary of Public Risk Management Association is $197,226 and their total compensation is $205,907.


Official website here: www.primacentral.org/

What is the revenue of Public Risk Management Association?

Public Risk Management Association's revenue in 2022 was $1,968,595.


Official website here: www.primacentral.org/

Who are the executives of Public Risk Management Association and what are their salaries?

The average compensation at Public Risk Management Association during 2022 was $61,443. There are 6 employees and 9 volunteers at Public Risk Management Association.


Here are 10 key members and their salaries (Public Risk Management Association's CEO's salary is $197,226 and their total compensation is $205,907):


Scott J Kramer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Olson (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Rsteger (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Maxwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann-Marie Sharpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lepock Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana S Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Barham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Ackerman (Chief Executive Officer)
  • Compensation: $197,226
  • Related: $0
  • Other: $8,681


Official website here: www.primacentral.org/

Where can I find the form 990 for Public Risk Management Association?

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


Official website here: www.primacentral.org/

Learn more at the official website: www.primacentral.org/

Mission Statement of Public Risk Management Association

The Public Risk Management Association, in its mission, emphasizes the importance of promoting effective risk management as a vital aspect of public administration, acting in the public interest. This nonprofit organization strives to advocate for and improve risk management practices within various public sectors, ensuring their continued success and resilience. This mission is brought to life annually through their flagship event, the Annual Conference, which provides educational sessions on various public risk management topics for their members.

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Impact




July, 2024

The Public Risk Management Association plays a crucial role in promoting effective risk management within the realm of public administration. Through its activities and initiatives, the association helps public entities mitigate risks and enhance their overall governance structures. With its focus on education and professional development, particularly through events like the Annual Conference, the association equips its members with the knowledge and tools necessary to navigate the complexities of risk management in the public sector. By advocating for best practices and fostering a community of risk management professionals, the association contributes to the overall resilience and efficiency of public organizations.




This information is meant to be a general summary of Public Risk Management 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
$1,968,595 (2022)
Expenses
$1,774,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,890
  • Program Service Revenue: $1,826,538
  • Gross Receipts: $1,968,595

Assets and Liabilities:

  • Total Assets: $2,048,713
  • Total Liabilities: $1,271,136
  • Net Assets: $777,577

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Programs

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

Annual Conference

Revenue

$1,090,614

Membership Dues

Revenue

$484,276

Education & Training

Revenue

$211,459

Special Projects

Revenue

$29,716

Periodicals

Revenue

$10,473

Organization Details

Founding Year

1981

Principal Officer

Jennifer Ackerman

Main Address

700 South Washington Street 218, Alexandria, VA, 223144291

NTEE Category

Code: A20Z - Arts

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