Basic Organization Information
Risk and Insurance Management Society, Inc.
- Also Known As:
-
RIMS
- Physical Address:
-
New York, NY
10018
- EIN:
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13-1860397
- Web URL:
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www.rims.org
- NTEE Category:
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Y Mutual/Membership Benefit Organizations, Other
-
Y03 Professional Societies, Associations
-
None
- Year Founded:
-
1950
- Ruling Year:
-
1960
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Mission Statement
As the global leader in risk management:
1. RIMS serves its members by providing timely and innovative information, education, networking and advocacy.
2. RIMS promotes the health of our discipline by attracting new and diverse members, and encouraging strong and engaged chapters.
3. RIMS supports the integration of risk management throughout an organization.
4. RIMs maintains strong financial health to meet the current and future needs of members.
Expert Assessment
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Impact Summary from the Nonprofit
RIMs Vision Statement:
The Risk and Insurance Management Society will be the global leader in all aspects of risk management.
Revenue and Expenses
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Revenue and Expense data from Forms 990 for 2010, 2009, 2008, 2007, 2006 are included in the GuideStar Premium Report.
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Leadership
Ms. Mary Roth
Term:
Since
Jan
1985
Leadership Statement:
Today, Rims shares with most organizations the challenges of operating in an environment of fiscal uncertainty. However, economic uncertainty also provides opportunities, and the last few years have highlighted the importance of the risk management profession. It is with this perspective that Rims looks optimistically toward 2011 and beyond. As RIMS manages its many initiatives with an eye toward a bright future, it remains committed to helping its members and industry partners get there, too .Professional development opportunities for RIMS members grew by leaps and bounds in 2010, with RIMS making decisive moves to ensure that opportunities to learn online were abundant. RIMS introduced CourseCasts, which are highly interactive 90-minute online "mini-courses" that provide key takeaways that participants can put into practice immediately. The year also experienced a surge in webinars offered by the Society. Traditional opportunities were expanded upon, as RIMS left the office to offer tailored In-Company Training to member companies and myriad workshops throughout the country. In 2011 RIMS will continue to champion legislation reform that impacts the risk management community, as well as help risk managers develop best practices and efficiencies that increase their value within their organizations. RIMS will continue its tradition of bringing its members the best in educational opportunities, professional resources and advocacy.
Highest Paid Employees & Their Compensation
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Program:
Membership and Chapter Services
- Budget:
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$2,875,965
- Category:
-
Education
- Population Served:
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Adults
Program Description:
Promotes the value of RIMS membership and supports the development of a network of healthy chapters. It ensures that products and services provided meet the needs of members and chapters while supporting RIMS mission and strategic plan. The department submits recommendations for new products, services and programs to RIMS Board of Directors, supports the growth and stability of existing chapters, and administers the Building a Stronger Chapter Program.
Program Long-Term Success:
RIMS expanded its tools and services with the Enterprise Risk Management for Dummies guide.
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Program:
Annual Conference
- Budget:
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$6,926,025
- Category:
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Education
- Population Served:
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Adults
Program Description:
RIMS Annual Conference is the definitive event for risk professionals, attracting 10,000 risk professionals (member, non-member and exhibitor) worldwide. This prestigious event offers its attendees the widest range of educational programs, networking opportunities and communcation of significant happenings that impact risk manaegment.
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Program:
Publications
- Budget:
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$1,982,140
- Category:
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Education
- Population Served:
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Adults
Program Description:
RIMS magazine is produced 10 times each year, with in-depth coverage in articles of interest to the risk management professionals responsible for risk and insurance management in business and industrial firms, public administration/government, insurance companies, agents and brokers, business services and others allied with the field. With its strong editorial content and ability to dissect the world of risk, this flagship publication is a source of pertinent information.
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Program:
Professional Development
- Budget:
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$843,970
- Category:
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Education
- Population Served:
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Adults
Program Description:
This deparment implements educational programs through courses, workshops, and in-company training. Online courses are also offered through partnerships with vendors. The programs for the RIMS Fellow designation, the RIMS Anita Benedetti Student Involvement Program, and the Canadian Risk Management designation are administered by this department.
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Program:
Government Affairs
- Budget:
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$16,000
- Category:
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Education
- Population Served:
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Adults
Program Description:
The department focuses on US federal, state and Canadian federal and provincial legislative and regulatory issues that impact the risk management community. In addition, the department prepares witnesses and drafts testimony for members appearing before all governmental and non-governmental bodies. It also conducts lobbying at all levels of government through an assortment of strategies including the RIMS on the Hill annual lobbying event that furthers the agenda of the risk management community.
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Evidence of Impact
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Organizational Strengths
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Areas for Improvement
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