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Organizations Community Improvement & Capacity Building Global Association of Risk Professionals Inc.

Global Association of Risk Professionals Inc.

Fiscal year ending 2024. Filed on October 30, 2025.

111 Town Square Place 14th Flr
Jersey City, New Jersey 07310

Global Association of Risk Professionals Inc. (EIN: 02-0571577) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Global Association of Risk Professionals Inc., a 501(c)(6) business league, reported compensation for 10 out of 93 total employees. Among the employees shown here, the average compensation is $856,597. The highest compensated employee at Global Association of Risk Professionals Inc. is Richard Apostolik with fiscal year 2024 compensation of $2,041,306.

Revenue, expenses, and employee compensation

Revenue

$41,441,148

Expenses

$42,684,422

Employee compensation

$24,853,493
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Apostolik
President and Chief Executive Officer
$2,041,306
$1,991,087 No related comp$50,219
Christopher J Donohue
Managing Director
$1,134,134
$1,066,809 No related comp$67,325
Priscella Cervantes
Chief Financial Officer and Chief Administrative Officer
$910,011
$842,635 No related comp$67,376
Rachel Lerner
General Counsel
$906,120
$837,640 No related comp$68,480
William Henry May
Senior Vice President, Global HEAD of Research
$758,436
$687,753 No related comp$70,683
Joanna Paisley
CO President GRI
$725,700
$725,700 No related compNo other comp
Michael William Sell
HEAD of Business Development
$633,857
$568,665 No related comp$65,192
Jeffrey Mah
Chief Information Officer
$561,897
$493,301 No related comp$68,596
Julian Hungchun Chen
Senior Vice President, Certification and EDU
$511,239
$439,945 No related comp$71,294
Lily Pan
Managing Director
$383,270
$333,172 No related comp$50,098

Benchmark Employee Compensation

Non-Employee Board Members

Alan Smith
Trustee
Alessa Quane
Trustee
Andrew Gray
Trustee
Ben Golub
Trustee
Bradford Hu
Chair
Frank Roncey
Trustee
Geoffrey Greener
Trustee
Jacques Longerstaey
Trustee
Lewis O'Donald
Trustee
Peter Tufano
Trustee
Stuart Lewis
Trustee
Victor Ng
Trustee

Contractors

Fultran Solutions Inc.
IT
$975,477
Beijing Zhong Cheng Yu Da Education
Risk Program
$842,534
Genisis Technology Solutions Inc.
IT
$331,898
Rooneypartners LLC
Marketing
$288,985
Bacal Law Group PC
Legal
$252,784

Mission Statement

GARP IS THE WORLD'S LEADING PROFESSIONAL ASSOCIATION FOR RISK MANAGERS, DEDICATED TO THE ADVANCEMENT OF THE PROFESSION THROUGH EDUCATION, RESEARCH, AND THE PROMOTION OF BEST PRACTICES. THE GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP) IS A NOT-FOR-PROFIT ORGANIZATION AND THE ONLY GLOBALLY RECOGNIZED MEMBERSHIP ASSOCIATION FOR RISK MANAGERS. GARP'S GOAL IS TO HELP CREATE A CULTURE OF RISK AWARENESS WITHIN ORGANIZATIONS, FROM ENTRY LEVEL TO BOARD LEVEL. IN THE AREA OF FINANCIAL RISK MANAGEMENT, GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL DESIGNATION WITH THE FRM (FINANCIAL RISK MANAGER) CERTIFICATION AND SCR (SUSTAINABILITY AND CLIMATE) CERTIFICATE. THROUGH OUR EDUCATIONAL PROGRAMS, SPECIALIZED CONTENT, IN-PERSON OR ONLINE EVENTS, AND CHAPTER PROGRAM, GARP PROMOTES BEST PRACTICES IN RISK MANAGEMENT AND SUPPORTS ONGOING PROFESSIONAL AND CAREER DEVELOPMENT FOR RISK MANAGERS.

Revisions to this organization profile

October 30, 2025:
2024 Global Association of Risk Professionals Inc. 990 filed
November 4, 2024:
2023 Global Association of Risk Professionals Inc. 990 filed
November 6, 2023:
2022 Global Association of Risk Professionals Inc. 990 filed

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