nonprofit logo

Collateral Risk Network Inc

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

EIN: 843493409 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Collateral Risk Network Inc?

Collateral Risk Network Inc is a nonprofit organization dedicated to fostering a secure and robust housing market. Their mission revolves around promoting safe and reliable collateral risk practices, policies, and procedures, ensuring the housing finance system remains functional under various economic conditions. By doing so, they aim to establish a thriving housing finance ecosystem that benefits all stakeholders. To achieve this, Collateral Risk Network offers educational programs focused on collateral risk, instilling confidence in the market.


Official website here: www.collateralrisk.org

Is Collateral Risk Network Inc legitimate?

Collateral Risk Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collateral Risk Network 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: $210,247

For more financial information, click here


Official website here: www.collateralrisk.org

What is the mission statement of Collateral Risk Network Inc?

The mission of Collateral Risk Network Inc is centered around boosting confidence in the housing market. This is achieved by establishing an environment that encourages safe and reliable collateral risk practices, policies, and procedures. This initiative is crucial under all economic conditions. A thriving housing finance system is at its optimum when it benefits all stakeholders. Collateral Risk Network Inc accomplishes its mission by offering educational programs focused on collateral risk to further strengthen this objective.


Official website here: www.collateralrisk.org

Who is the CEO of Collateral Risk Network Inc?

Joan Trice is the President of Collateral Risk Network Inc.


Official website here: www.collateralrisk.org

What is the revenue of Collateral Risk Network Inc?

Collateral Risk Network Inc's revenue in 2022 was $350,932.


Official website here: www.collateralrisk.org

Who are the executives of Collateral Risk Network Inc and what are their salaries?

The average compensation at Collateral Risk Network Inc during 2022 was $70,082. There are 3 employees at Collateral Risk Network Inc.


Here are 9 key members and their salaries:


Joan Trice (President)
  • Compensation: $210,247
  • Related: $210,247
  • Other: $0
Katherine Owen Bank Of America (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Dicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Hughes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bredemeyer Realcorp Inc (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Knight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Mcdaniel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Davis Morgan Stanley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.collateralrisk.org

Where can I find the form 990 for Collateral Risk Network Inc?

Collateral Risk Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.collateralrisk.org

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

Mission Statement of Collateral Risk Network Inc

Collateral Risk Network, Inc., strives to establish trust in the housing market by fostering an environment that encourages secure and reliable collateral risk practices, policies, and procedures. This organization believes that a robust housing finance system thrives when it benefits all stakeholders. To achieve this mission, Collateral Risk Network offers educational programs focused on collateral risk, aiming to instill confidence in the market and maintain its vitality under various economic conditions.

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

Collateral Risk Network Inc significantly influences the housing market by promoting safe and sound collateral risk practices, policies, and procedures. Its efforts are crucial in instilling confidence among stakeholders, which is essential for a vibrant and resilient housing finance system. By fostering an environment that prioritizes best practices in collateral risk management, the organization ensures that the housing market can operate effectively even during economic fluctuations.

Through educational programs tailored to address various collateral risk concerns, Collateral Risk Network empowers real estate professionals, lenders, and other stakeholders with knowledge and resources. This proactive approach contributes to maintaining stability in the housing finance sector, ultimately benefiting consumers and the broader economy. Their mission underscores the importance of collaboration among all stakeholders, ensuring that the housing market remains accessible and efficient for everyone involved.




This information is meant to be a general summary of Collateral Risk Network 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.

Revenue
$350,932 (2022)
Expenses
$317,631 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $350,932

Assets and Liabilities:

  • Total Assets: $234,278
  • Total Liabilities: $187,401
  • Net Assets: $46,877

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2019

Principal Officer

Joan Trice

Main Address

1405 WESLEY DR, SALISBURY, MD, 21801

NTEE Category

Code: L03 - Housing

If you are a representative of Collateral Risk Network 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.