Overview
What is County Risk Services Inc?
County Risk Services Inc is a nonprofit organization situated in Montgomery, Alabama, with a focus on risk management services. Established to serve the Association of County Commissions of Alabama Self-Insurers Fund and the Association of County Commissions of Alabama Liability Self-Insurance Fund, Inc., the organization provides administrative, claims, and risk management services. These services are delivered in accordance with accepted risk management standards, ensuring the protection of self-insured workers compensation and liability insurance for the member counties of Alabama. The organization, with a total of 28 employees, plays a crucial role in pooling resources and funds to offer insurance coverage to its members, thereby strengthening the community's overall insurance protection.
Official website here: www.countyrisk.org
Is County Risk Services Inc legitimate?
County Risk Services Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. County Risk Services 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: $1,831,470
For more financial information, click here
Official website here: www.countyrisk.org
What is the mission statement of County Risk Services Inc?
County Risk Services Inc's mission is centered around providing administrative, claims, and risk management services on behalf of two non-profit organizations: the Association of County Commissions of Alabama Self-Insurers Fund and the Association of County Commissions of Alabama Liability Self-Insurance Fund, Inc. These funds offer self-insured workers compensation and liability insurance protection to their member counties in Alabama, which pool their resources and funds to provide insurance coverage. The organization's role is crucial in managing these services, ensuring the funds can effectively offer insurance protection to their members.
Official website here: www.countyrisk.org
What is the revenue of County Risk Services Inc?
County Risk Services Inc's revenue in 2023 was $5,651,069.
Official website here: www.countyrisk.org
Who are the executives of County Risk Services Inc and what are their salaries?
The average compensation at County Risk Services Inc during 2023 was $61,049. There are 30 employees at County Risk Services Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $274,431
- Other: $0
- Compensation: $133,689
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.countyrisk.org
Where can I find the form 990 for County Risk Services Inc?
County Risk Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.countyrisk.org
Learn more at the official website: www.countyrisk.org
Mission Statement of County Risk Services Inc
County Risk Services Inc, a nonprofit organization, is dedicated to providing administrative, claims, and risk management services on behalf of two self-insurance funds: the Association of County Commissions of Alabama Self-Insurers Fund and the Association of County Commissions of Alabama Liability Self-Insurance Fund, Inc. These funds, located in Montgomery, Alabama, are nonprofit organizations that offer self-insured workers compensation and liability insurance protection to their member counties, which are comprised of counties across the state of Alabama that have pooled resources and funds to provide insurance coverage. The mission of County Risk Services Inc is to support these funds in managing their risks and claims efficiently, thereby ensuring the financial security and well-being of their member counties.
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Impact
October, 2024
County Risk Services Inc plays a pivotal role in enhancing the financial security and operational resilience of counties in Alabama by providing essential administrative, claims, and risk management services. By managing self-insured workers' compensation and liability insurance, the organization helps counties pool their resources effectively, thereby reducing individual financial burdens while ensuring comprehensive coverage.
This collaborative approach fosters a safer work environment and promotes best practices in risk management among member counties. Regular risk management services aligned with accepted standards ensure that these counties are not only protected from potential liabilities but are also equipped to handle claims efficiently. The impact of County Risk Services Inc extends beyond mere financial protection; it nurtures a culture of accountability and preparedness within the counties, ultimately leading to safer communities and reduced costs associated with claims. By safeguarding the interests of member counties, County Risk Services Inc contributes to the overall stability and welfare of local governance in Alabama.
This information is meant to be a general summary of County Risk Services 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.
- Investment Income: $6,006
- Program Service Revenue: $5,648,762
- Gross Receipts: $5,707,119
Assets and Liabilities:
- Total Assets: $2,585,043
- Total Liabilities: $1,894,346
- Net Assets: $690,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$2,968,965
CLAIMS PROCESSING FEES
Revenue
$2,679,797
Organization Details
Founding Year
2018
Principal Officer
Robert D Brasfield
Website
www.countyrisk.orgNTEE Category
Code: P20 - Human services
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