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Filing year 2024

PRIVATE RISK MANAGEMENT ASSOCIATION

Schaumburg, Illinois·EIN 46-2430573·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$2M
Total assets
$1.3M
Total expenses
$1.7M
Reported officers
21
Mission

THE MISSION OF PRMA IS TO IMPROVE ADVICE, COVERAGE AND SERVICE PROVIDED TO THE HIGH NET WORTH INSURANCE CONSUMER THROUGH EDUCATION AND INCREASED AWARENESS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Executive Dir.
Officer (Unspecified)
$217k
$232k
Base
$208k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 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 PRIVATE RISK MANAGEMENT ASSOCIATION equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
12%
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.

Up 24%
from 2023

From $175k in 2023 to $217k in 2024.

$175k
2023
$217k
2024
In today's dollarsEst.
Up 20% in real terms$194k to $232k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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 PRIVATE RISK MANAGEMENT ASSOCIATION

What are PRIVATE RISK MANAGEMENT ASSOCIATION's revenue and expenses?

In 2024, PRIVATE RISK MANAGEMENT ASSOCIATION reported $2M in total revenue and $1.7M in total expenses on its IRS Form 990.

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