Overview
What is The Institutes Riskstream Collaborative Inc?
The Institutes Riskstream Collaborative Inc is a collective of over 30 institutional members, including insurers, agencies, brokerages, and reinsurers. Based in Malvern, Pennsylvania, this nonprofit organization shares a vision and goals to develop blockchain solutions for complex business process challenges within the industry. Their objective is to reduce transaction costs, enhance customer experience, and boost the speed and security of data transfers among stakeholders in the risk and insurance sector. By leveraging blockchain technology, they aim to fully realize its potential and benefit their members and the industry as a whole.
Official website here: www.riskstream.org
Is The Institutes Riskstream Collaborative Inc legitimate?
The Institutes Riskstream Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Institutes Riskstream Collaborative 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.
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.riskstream.org
What is the mission statement of The Institutes Riskstream Collaborative Inc?
The Institutes Riskstream Collaborative Inc's mission is centered around advancing blockchain technologies. Their goal is to fully utilize the capabilities of blockchain for the benefit of their members, primarily from the risk and insurance industry. By doing so, they aim to address multi-party business process challenges, ultimately lowering transaction costs, enhancing customer experience, and increasing the speed and security of data transfers among industry stakeholders.
Official website here: www.riskstream.org
Who is the CEO of The Institutes Riskstream Collaborative Inc?
Peter L Miller is the CEO of The Institutes Riskstream Collaborative Inc The CEO's salary of The Institutes Riskstream Collaborative Inc is $0 and their total compensation is $2,437,369.
Official website here: www.riskstream.org
What is the revenue of The Institutes Riskstream Collaborative Inc?
The Institutes Riskstream Collaborative Inc's revenue in 2023 was $1,499,771.
Official website here: www.riskstream.org
Who are the executives of The Institutes Riskstream Collaborative Inc and what are their salaries?
There 61 volunteers at The Institutes Riskstream Collaborative Inc.
Here are 5 key members and their salaries (The Institutes Riskstream Collaborative Inc's CEO's salary is $0 and their total compensation is $2,437,369):
- Compensation: $0
- Related: $2,216,772
- Other: $220,597
- Compensation: $0
- Related: $930,813
- Other: $62,870
- Compensation: $0
- Related: $497,761
- Other: $68,887
- Compensation: $0
- Related: $378,699
- Other: $60,515
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riskstream.org
Where can I find the form 990 for The Institutes Riskstream Collaborative Inc?
The Institutes Riskstream Collaborative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riskstream.org
Learn more at the official website: www.riskstream.org
Mission Statement of The Institutes Riskstream Collaborative Inc
The Institutes Riskstream Collaborative Inc, a membership organization comprising over 30 institutional members such as insurers, agencies, brokerages, and reinsurers, is dedicated to advancing blockchain technologies. Their mission is to unlock the full potential of these advanced technologies for the benefit of its members and the broader risk and insurance industry. By collaboratively building blockchain solutions, they aim to address multiparty business process challenges. Their goal is to reduce transaction costs, enhance customer experience, and boost the speed and security of data transfers among industry stakeholders. The organization's vision is to leverage blockchain technology to create an efficient and secure ecosystem within the risk and insurance sector.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Institutes Riskstream Collaborative Inc plays a pivotal role in advancing blockchain technologies within the risk and insurance industry. With a membership of over 30 institutional entities, including insurers, agencies, brokerages, and reinsurers, the collaborative creates a unified platform for developing innovative blockchain solutions that address complex multiparty business process challenges.
By focusing on lowering industry transaction costs, enhancing customer experience, and improving the speed and security of data transfers, Riskstream is transforming how stakeholders in the insurance sector interact and conduct business. This collaboration not only streamlines operations but also fosters greater efficiency and transparency in the industry, ultimately benefiting all members and contributing to a more robust community.
Through its efforts, Riskstream is helping to realize the full potential of blockchain technology, making significant contributions to the modernization and evolution of the insurance landscape.
This information is meant to be a general summary of The Institutes Riskstream Collaborative Inc. 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.
- Program Service Revenue: $1,499,771
- Gross Receipts: $1,499,771
Assets and Liabilities:
- Total Assets: $18,854,720
- Total Liabilities: $55,226,070
- Net Assets: -$36,371,350
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,499,771
Organization Details
Founding Year
2017
Principal Officer
Peter L Miller
Website
www.riskstream.orgNTEE Category
Code: S40 - Community improvement
If you are a representative of The Institutes Riskstream Collaborative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.