NonprofitsPrivate Risk Management Association

Community Improvement & Capacity Building

Private Risk Management Association

MARIETTA, OH

Total revenue

$2.0M

Total expenses

$1.7M

Net assets

$1.1M

Grants received

EIN

462430573

Tax year

2024

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.

Programs

2 programs

Setup and maintenance of the organizations website. Promotion and management of new and renewal memberships. Development and execution of educational and information resources to members. Current offerings include the prma knowledge base which consists of insights webinars, best practices library, and insight surveys each providing members with valuable education information relevant to their daytoday activities. Members get access to "collaborate" the online member only community where members share information and seek help from peers as well as enrollment into geographic chapters allowing members to gain access to experts in their area.

Expenses: $225K

Prma academy offers several educational opportunities for members. The chartered private risk and insurance advisor (cpria) certificate is an online certification program specifically developed for professionals in private risk management, cpria aims to broaden knowledge and enable participants to better advise clients and provide them with specialized solutions to complex industry issues. The certification program was launched in may of 2015 and currently has over 400 participants and over 1200 graduates. The advanced chartered private risk and insurance advisor (acpria) certification was launched in november of 2018. Each twoyear program provides an opportunity to further participants knowledge and raise their professional profile. In addition to the certification courses the academy offers two ondemand courses on specific topics relevant to private risk management professionals. The introduction to family office risk management was launched in june of 2019 and has over 180 graduates. The elements of insuring to value was launched in 2021.

Expenses: $195K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.0M
Investment income$22K
Other revenue
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits$611K
Fundraising
Other expenses$1.1M
Total expenses$1.7M
Total assets$1.3M
Net assets$1.1M

People

21 listed

NameRoleCompensation

DIANE DELANEY

Executive Dir.

Board

$208K

40 hrs/wk

BRYANT KOLLE

Chairman

Board

1 hrs/wk

WILLIAM GATEWOOD

Treasurer

Board

1 hrs/wk

DESPINA BIUGANSKI

Secretary

Board

1 hrs/wk

MAX GILMAN

Director

Board

1 hrs/wk

KAYE GITIBIN

Director

Board

1 hrs/wk

JERRY HOURIHAN

Director

Board

1 hrs/wk

JAMES KANE

Director

Board

1 hrs/wk

KIMBERLEE CONNELL

Director

Board

1 hrs/wk

ROBERT HAIBI

Director

Board

1 hrs/wk

SPENCER HOULDIN

Director

Board

1 hrs/wk

ROBERT COURTEMANCHE

Director

Board

1 hrs/wk

MARY PARSONS

Director

Board

1 hrs/wk

JASON OTT

Director

Board

1 hrs/wk

CELIA SANTANA

Director

Board

1 hrs/wk

TARA BOLDING

Director

Board

1 hrs/wk

WILL VAN DEN HEUVEL

Director

Board

1 hrs/wk

KEVIN MADDEN

Director

Board

1 hrs/wk

DEON HORNSBY

Director

Board

1 hrs/wk

SHIRLEY GORDON

Director

Board

1 hrs/wk

KATHLEEN TIERNEY

Director

Board

1 hrs/wk

Details

EIN462430573
NTEE codeS41
Subsection06
Ruling date2014-09
Employees5
Volunteers20
PRIVATE RISK MANAGEMENT ASSOCIATION — Mission, Financials & Grants Received | Grantivo