irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0MEMBERSHIP - THE MEMBERSHIP PROGRAM SUPPORTS RIMS' GLOBAL COMMUNITY OF RISK PROFESSIONALS BY DRIVING MEMBER ENGAGEMENT, RECRUITMENT, AND RETENTION. IT FOSTERS PROFESSIONAL GROWTH THROUGH NETWORKING, EDUCATION, AND LEADERSHIP DEVELOPMENT INITIATIVES, WHILE OFFERING RESOURCES LIKE CAREER TOOLS, SURVEYS, AND STUDENT PROGRAMS TO PREPARE THE NEXT GENERATION OF RISK LEADERS.
- #2 $0KNOWLEDGE AND LEARNING - RIMS PROVIDES COMPREHENSIVE LEARNING AND DEVELOPMENT PROGRAMS, INCLUDING STUDENT AND MEMBER INITIATIVES, PROFESSIONAL COMMUNITIES, AND A VARIETY OF EDUCATIONAL FORMATS SUCH AS COURSES, WORKSHOPS, WEBINARS, AND CERTIFICATIONS. THESE OFFERINGS FOCUS ON ESSENTIAL RISK MANAGEMENT SKILLS AND LEADERSHIP DEVELOPMENT FOR ALL CAREER LEVELS.
named programs · 5 · from sources
What they call their work
Anita Benedetti Student Involvement Program
Initiative to engage students in risk management through scholarships, mentorship, and professional development opportunities.
Knowledge and Learning
Offers educational programs including courses, workshops, webinars, and certification prep (e.g., RIMS-CRMP). Formats include in-person, on-demand, and online instructor-led training for all career levels in risk management.
Membership and Member Services
Supports a global community of approximately 9,000 risk professionals through engagement, recruitment, retention, networking, leadership development, and chapter support. Includes student initiatives and the Rising Risk Professional Community.
Publications
Produces Risk Management magazine (10 issues/year), the Risk Management Monitor blog, and Risk-Wire newsletter. Provides analysis and news coverage for risk professionals globally.
Risk Management Challenge
Annual student competition designed to develop the next generation of risk management leaders through practical, case-based learning.
activities · 4 groups
What they do
-
Insurance & Risk Management Professional Development 1 activity
- Builds capacity of emerging risk management professionalsSupports next-generation risk leaders through targeted programs including the Rising Risk Professional Community, the RIMS Anita Benedetti Student Involvement Program, and the annual Risk Management Challenge.
-
-
Professional Certification and Continuing Education 1 activity
- Delivers educational programming for risk professionalsOffers workshops, webinars, and certification preparation courses focused on enterprise risk management, insurance fundamentals, and risk management principles to support professional development.
-
-
Organizational Newsletter Production and Distribution 1 activity
- Produces research and professional publicationsProduces Risk Management magazine ten times per year and provides ongoing digital content through the Risk Management Monitor blog (daily updates) and Risk-Wire newsletter (twice weekly), delivering in-depth analysis, news, and insights to risk and insurance professionals.
-
-
Membership & Sponsorship Development 1 activity
- Supports member engagement and chapter operationsServes a community of approximately 9,000 members and 80 chapters through recruitment, retention, and support initiatives, including the launch of an updated virtual membership engagement platform (ENGAGE) and an improved chapter management platform to enhance administrative efficiency and internal controls.
-
financials · form 990 · fy2024
revenue
Total revenue$21.68M
Contributions & grants$00%
Program service revenue$20.11M93%
Investment income$853K4%
Other revenue$712K
expenses
Total expenses$20.57M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$8.90M
Grants paid out$188K
Largest expense lineCompensation
balance sheet
Total assets$22.20M
Cash$2.86M
Investments$11.05M
Liabilities$15.54M
Net assets$6.66M
Liquid reserves8.1 mo
3 years on record · 2020–2024 · YoY revenue +16.8%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 12
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| GARY LABRANCHE | CHIEF EXECUTIVE OFFICER | 35 | $643K |
| MICHAEL PETERS | CHIEF TECHNOLOGY OFFICER | 35 | $325K |
| ANNETTE HOMAN | CHIEF OPERATING OFFICER | 35 | $313K |
| MARK PRYSOCK | GENERAL COUNSEL | 35 | $312K |
| STUART RUFF-LYON | CHIEF SALES & EVENTS OFFICER | 35 | $269K |
| KATHERINE GLEDHILL | CHIEF FINANCIAL OFFICER | 35 | $262K |
| LESLIE WHITTET | CHIEF MEMBER EXPERIENCE OFFICER | 35 | $236K |
| DENISE TERESA OSORIO | VP-PROFESSIONAL DEVELOPMENT | 35 | $217K |
| RICHARD OFOSU | DIRECTOR OF SALES | 35 | $216K |
| SCOTT BALDRIDGE | SYSTEMS ENGINEER MANAGER | 35 | $204K |
| BEREKET HAILE | CONTROLLER | 35 | $183K |
| ROHIT PALRECHA | SENIOR DATA ANALYTICS MANAGER | 35 | $174K |
board members · 13
- ANN BARRY — DIRECTOR
- CHRISTIE WEINSTEIN — DIRECTOR
- CHRISTY KAUFFMAN — DIRECTOR
- DAVID ARICK — PRESIDENT
- JENNIFER SANTIAGO — DIRECTOR
- JOHN KLINE — DIRECTOR
- KEVIN BATES — TREASURER
- KRISTEN PEED — VICE PRESIDENT
- MANUEL PADILLA — SECRETARY
- PENNI CHAMBERS — DIRECTOR
- ROBERT ZHANG — DIRECTOR
- TAMIEKA WEEKS — DIRECTOR
- WILLIAM LEHMAN — DIRECTOR
relationships · 1
Who they work with
- RIMS Canada Council Partner — Collaborates on chapter-related activities and governance within Canada.
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Professional Community Developmentmethodology: professional-community-developmentBy integrating networking, education, and leadership development into a unified program offering, RIMS enhances engagement and workforce readiness among risk management practitioners because professional growth is driven by holistic career support and community connection.