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Filing year 2023

THE RISK MANAGEMENT ASSOCIATION

Philadelphia, Pennsylvania·EIN 23-0892360·6
Total revenue
$9.9M
Total assets
$0
Total expenses
$10.4M
Reported officers
38
Mission

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.

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2023

$3.4M
$3.8M
Base
$619k
Bonus
$2.3M
Other
$239k
Benefits
$24k
Corporate Secretary, Cao
secretary (operational)
$731k
$815k
Base
$365k
Bonus
$196k
Other
$62k
Benefits
$33k
Director
key employee
$681k
$759k
Base
$352k
Bonus
$172k
Other
$55k
Benefits
$33k
Base
$265k
Bonus
$114k
Other
$3k
Benefits
$28k
Dir. of Securities Lending
key employee
$371k
$413k
Base
$220k
Bonus
Other
$59k
Benefits
$28k
Director
director (operational)
$320k
$356k
Base
$250k
Bonus
$59k
Other
$630
Benefits
$2k
Director
key employee
$309k
$345k
Base
$195k
Bonus
$71k
Other
$2k
Benefits
$31k
CIO
chief information officer
$278k
$310k
Base
$210k
Bonus
$34k
Other
$630
Benefits
$22k
Director
key employee
$276k
$308k
Base
$190k
Bonus
$61k
Other
$966
Benefits
$15k
Relationship Manager
highest compensated employee
$241k
$268k
Base
$170k
Bonus
$29k
Other
$3k
Benefits
$30k
Director of Member Engagem
highest compensated employee
$239k
$267k
Base
$193k
Bonus
$43k
Other
$966
Benefits
$2k
Controller
highest compensated employee
$230k
$257k
Base
$166k
Bonus
$21k
Other
$420
Benefits
$36k
Hce
highest compensated employee
$210k
$234k
Base
$174k
Bonus
$19k
Other
Benefits
$10k
Product Manager
highest compensated employee
$199k
$222k
Base
$149k
Bonus
$30k
Other
$966
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 24 unpaid individuals.

Up 90%
from 2022

From $1.8M in 2022 to $3.4M in 2023.

$1.8M
2022
$3.4M
2023
In today's dollarsEst.
Up 82% in real terms$2.1M to $3.8M

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 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

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

RevenueExpenses
$29.3M
$31.8M
2022
$9.9M
$10.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
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