Compensation 990

The Risk Management Association

Fiscal year ending 2023. Filed on May 13, 2025.

2005 Market Street 3600
Philadelphia, Pennsylvania 19103

The Risk Management Association (EIN: 23-0892360) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, The Risk Management Association, a 501(c)(6) business league, reported compensation for 14 out of 110 total employees. Among the employees shown here, the average compensation is $563,819. The highest compensated employee at The Risk Management Association is Foster Nancy with fiscal year 2023 compensation of $3,386,432.

Revenue, expenses, and employee compensation

Revenue

$9,942,725

Expenses

$10,376,234

Employee compensation

$5,326,565
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Foster Nancy
President and Chief Executive Officer
$3,386,432
$3,112,326 from orgNo related comp$274,106 other
Edward Demarco
Corporate Secretary, CAO
$730,994
$623,516 from orgNo related comp$107,478 other
Sandeep Kharidhi
Director
$680,952
$579,027 from orgNo related comp$101,925 other
Brian Long
Chief Financial Officer
$421,625
$381,587 from orgNo related comp$40,038 other
Francis Garritt
Director of Securities Lending
$370,888
$279,596 from orgNo related comp$91,292 other
Celina N Roger
Director
$319,548
$309,946 from orgNo related comp$9,602 other
Steven J Martin
Director
$309,166
$267,797 from orgNo related comp$41,369 other
Stacey E Blissett
Chief Information Officer
$277,757
$244,157 from orgNo related comp$33,600 other
Kristen Kaminski
Director
$276,085
$252,645 from orgNo related comp$23,440 other
William Loftus
Relationship Manager
$240,853
$201,755 from orgNo related comp$39,098 other
Michael Delucchi
Director of Member Engagem
$239,355
$237,302 from orgNo related comp$2,053 other
Freda Ho
Controller
$230,386
$187,858 from orgNo related comp$42,528 other

Non-Employee Board Members

Amanda Norton
Director
Avani Parekh
Director ex officio
Carol Severyn
Director ex officio
Crystal Humphreys
Director ex officio
George Buchanan
Director
Graeme Hepworth
Director
Heidi Andrion
Director
Humberto Salomon
Director ex officio
Jodi Richard
Chair
Julie Nosser
Director ex officio
Kevin Slane
Director
Kieran Fallon
Director

Contractors

Kevin D Oden & Associates LLC
Consulting
$2,916,680
Anat Bird
Consulting
$269,125
Joseph G Newberry
Consulting
$265,634
Finance International Group
Consulting
$192,304
Bruce K Goldberg
Consulting
$160,054

Mission Statement

RMA IS A MEMBER-DRIVEN PROFESSIONAL ASSOCIATION WHOSE SOLE PURPOSE IS TO ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY. RMA IS A MEMBER-DRIVEN PROFESSIONAL ASSOCIATION WHOSE SOLE PURPOSE IS TO ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY.

Revisions to this organization profile

May 13, 2025:
2023 The Risk Management Association 990 filed
July 17, 2023:
2022 The Risk Management Association 990 filed
July 15, 2022:
2021 The Risk Management Association 990 filed

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