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Filing year 2023

THE RISK MANAGEMENT ASSOCIATION

Philadelphia, Pennsylvania·EIN 23-0892360·501(c)(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 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$3.4M
Base
$619k
Bonus
$2.3M
Other
$239k
Benefits
$24k
Corporate Secretary, Cao
Secretary (Operational)
Above 90th percentile
$731k
Base
$365k
Bonus
$196k
Other
$62k
Benefits
$33k
Director
Key Employee
Above 90th percentile
$681k
Base
$352k
Bonus
$172k
Other
$55k
Benefits
$33k
CFO
Above 90th percentile
$422k
Base
$265k
Bonus
$114k
Other
$3k
Benefits
$28k
Dir. of Securities Lending
Key Employee
75th to 90th percentile
$371k
Base
$220k
Bonus
—
Other
$59k
Benefits
$28k
Director
Above 90th percentile
$320k
Base
$250k
Bonus
$59k
Other
$630
Benefits
$2k
Director
Key Employee
75th to 90th percentile
$309k
Base
$195k
Bonus
$71k
Other
$2k
Benefits
$31k
CIO
75th to 90th percentile
$278k
Base
$210k
Bonus
$34k
Other
$630
Benefits
$22k
Director
Key Employee
75th to 90th percentile
$276k
Base
$190k
Bonus
$61k
Other
$966
Benefits
$15k
Relationship Manager
Highest Compensated Employee
75th to 90th percentile
$241k
Base
$170k
Bonus
$29k
Other
$3k
Benefits
$30k
Director of Member Engagem
Highest Compensated Employee
75th to 90th percentile
$239k
Base
$193k
Bonus
$43k
Other
$966
Benefits
$2k
Controller
Above 90th percentile
$230k
Base
$166k
Bonus
$21k
Other
$420
Benefits
$36k
Hce
Highest Compensated Employee
Median to 75th percentile
$210k
Base
$174k
Bonus
$19k
Other
—
Benefits
$10k
Product Manager
Highest Compensated Employee
Median to 75th percentile
$199k
Base
$149k
Bonus
$30k
Other
$966
Benefits
$12k

Plus 24 unpaid individuals.

Up 90%
from 2022

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

$1.8M
2022
$3.4M
2023
Pay for the position

Chief Executive Officer pay rose 90% from 2022 to 2023, while revenue fell 66%.

$1.8M in 2022 to $3.4M in 2023.
  • Secretary (Operational) pay rose 4% from 2022 to 2023.
  • Key Employee pay rose 52% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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.
FAQ

Common questions about THE RISK MANAGEMENT ASSOCIATION

What does the Chief Executive Officer of THE RISK MANAGEMENT ASSOCIATION earn?

In 2023, the Chief Executive Officer of THE RISK MANAGEMENT ASSOCIATION received $3,386,432 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE RISK MANAGEMENT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE RISK MANAGEMENT ASSOCIATION falls in the top 10%.

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

In 2023, THE RISK MANAGEMENT ASSOCIATION reported $9.9M in total revenue and $10.4M in total expenses on its IRS Form 990.

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