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Organizations The Risk Management Association

The Risk Management Association

Fiscal year ending 2022. Filed on July 17, 2023.

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 2022 IRS Form 990 filing, The Risk Management Association, a 501(c)(6) business league, reported compensation for 13 out of 109 total employees. Among the employees shown here, the average compensation is $399,309. The highest compensated employee at The Risk Management Association is Nancy J Foster with fiscal year 2022 compensation of $1,288,754.

Revenue, expenses, and employee compensation

Revenue

$22,732,998

Expenses

$23,947,517

Employee compensation

$14,576,711
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nancy J Foster
President and Chief Executive Officer and Director
$1,288,754
$1,120,055 No related comp$168,699
Edward Demarco
Corporate Secretary, CAO
$735,457
$597,481 No related comp$137,976
Francis Garritt
Director of Securities Lending
$547,255
$415,605 No related comp$131,650
Brian Long
Chief Financial Officer
$385,244
$356,169 No related comp$29,075
Brian Weiss
Chief Strategy Officer
$362,296
$298,403 No related comp$63,893
William Loftus
Relationship Manager
$353,048
$267,109 No related comp$85,939
Steven J Martin
Employee
$291,734
$261,731 No related comp$30,003
Stacy E Blissett
Employee
$236,384
$215,164 No related comp$21,220
Kristen Kaminski
Employee
$215,189
$202,463 No related comp$12,726
Monique Donahue
Employee
$203,558
$194,420 No related comp$9,138
John P Baier
Employee
$192,231
$172,464 No related comp$19,767
Joseph Ciccione
SR Project MGR
$191,666
$182,235 No related comp$9,431

Benchmark Employee Compensation

Non-Employee Board Members

Ajai Bambawale
EX Offcio Director
Amanda Norton
Director
Amy Wiles
EX Offcio Director
Benjamin Genek
Director
Brian D Hughes
EX Offcio Director
Crystal Humphreys
Director
David P Shevsky
EX Offcio Director
George Buchanan
Director
Graeme Hepworth
Director
Heidi Andrion
Director
Jodi Richard
Treasurer
Joe Iraci
Director

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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