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Filing year 2024

GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC

Jersey City, New Jersey·EIN 02-0571577·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$41.4M
Total assets
$61.2M
Total expenses
$42.7M
Reported officers
22
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in New Jersey
$2M
$2.2M
Base
$491k
Bonus
$1.5M
Other
Benefits
$37k
Managing Director
Key Employee
Above 90th percentile
$1.1M
$1.2M
Base
$292k
Bonus
$775k
Other
Benefits
$50k
Cfo/cao
Officer (Unspecified)
$910k
$984k
Base
$313k
Bonus
$530k
Other
Benefits
$53k
General Counsel
Highest Compensated Employee
Above 90th percentile
$906k
$980k
Base
$373k
Bonus
$465k
Other
Benefits
$52k
Svp, Global Head of Research
Senior Vice President
Above 90th percentile
$758k
$820k
Base
$318k
Bonus
$370k
Other
Benefits
$53k
Co President Gri
Highest Compensated Employee
Above 90th percentile
$726k
$785k
Base
$366k
Bonus
$360k
Other
Benefits
Head of Business Development
Highest Compensated Employee
Above 90th percentile
$634k
$685k
Base
$269k
Bonus
$300k
Other
Benefits
$48k
CIO
Chief Information Officer
Above 90th percentile
$562k
$608k
Base
$268k
Bonus
$225k
Other
Benefits
$55k
Svp, Certification and Edu
Senior Vice President
Above 90th percentile
$511k
$553k
Base
$240k
Bonus
$200k
Other
Benefits
$54k
Managing Director
Key Employee
Above 90th percentile
$383k
$414k
Base
$198k
Bonus
$135k
Other
Benefits
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
5%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 29%
from 2023

From $2.9M in 2023 to $2M in 2024.

$2.9M
2023
$2M
2024
In today's dollarsEst.
Down 32% in real terms$3.2M to $2.2M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 29% from 2023 to 2024, while revenue fell 15%.

$2.9M in 2023 to $2M in 2024.
  • Key Employee pay fell 33% from 2023 to 2024.
  • Highest Compensated Employee pay fell 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC

What does the Chief Executive Officer of GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC earn?

In 2024, the Chief Executive Officer of GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC received $2,041,306 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2024 pay of the Chief Executive Officer at GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC falls in the top 10%. In 2024, the highest total compensation at GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC's revenue and expenses?

In 2024, GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC reported $41.4M in total revenue and $42.7M in total expenses on its IRS Form 990.

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