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Filing year 2024

PRIVATE RISK MANAGEMENT ASSOCIATION

Schaumburg, Illinois·EIN 46-2430573·NTEE S41 · Community Improvement & Capacity Building·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 · Schedule J · 1 reported individual · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Executive Dir.
officer (unspecified)
$217k
$232k

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

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.
Financial trend

Revenue and expenses over time

PRIVATE RISK MANAGEMENT ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$1.4M
2023
$2M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Illinois

Comparable community improvement & capacity building organizations in Illinois pay their highest-earning executive a median of $85,628.

25th percentile
$40k
Median
$85,628
75th percentile
$168k
90th percentile
$289k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 424 organizations across 424 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Illinois
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