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      <PrimaryExemptPurposeTxt>THE RISK MANAGEMENT ASSOCIATION (RMA), AN AFFILIATE DRIVEN PROFESSIONAL ASSOCIATION, HELPS BANKING AND NON-BANKING INSTITUTIONS IDENTIFY AND MANAGE THE IMPACTS OF CREDIT RISK, OPERATIONAL RISK, AND MARKET RISK ON THEIR BUSINESSES AND CUSTOMERS. WE ACHIEVE THIS GOAL THROUGH EDUCATION, RESEARCH, NETWORKING, AND LEADERSHIP OPPORTUNITIES.</PrimaryExemptPurposeTxt>
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        <DescriptionProgramSrvcAccomTxt>TO ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY TO IMPROVE INSTITUTIONAL PERFORMANCE AND FINANCIAL STABILITY, AS WELL AS ENHANCE THE RISK COMPETENCY OF INDIVIDUALS THROUGH INFORMATION, EDUCATION, PEER SHARING, AND NETWORKING. EACH YEAR THE RMA MINNESOTA CHAPTER OFFERS THE COMMERCIAL LENDING ACADEMY. SINCE THE PROGRAM'S INCEPTION, OVER 300 LENDERS, CREDIT ANALYSTS AND FINANCIAL INDUSTRY PROFESSIONALS FROM MORE THAN 65 INSTITUTIONS IN THE MIDWEST HAVE GRADUATED FROM THE ACADEMY. OUR PROGRAM PROVIDES A COMPREHENSIVE OVERVIEW TO THE VARIOUS ASPECTS OF THE COMMERCIAL LOAN UNDERWRITING AND MANAGEMENT PROCESS.</DescriptionProgramSrvcAccomTxt>
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        <PersonNm>BRETT LAWRENCE</PersonNm>
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        <PersonNm>PAUL DRAPER</PersonNm>
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        <PersonNm>PAULA WILLIAMS</PersonNm>
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        <PersonNm>RYAN NELSON</PersonNm>
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        <PersonNm>NICOLE KNUTSON</PersonNm>
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        <PersonNm>JASON NOBLE</PersonNm>
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        <ExplanationTxt>EXPENSES BOARD MEETING 14 TRAVEL &amp; CONFERENCE FEES 2,999 INSURANCE 1,565 RECOGNITION AWARDS 500 FACILITIES CHARGE 25,155 INSTRUCTOR FEES 33,903 MATERIALS 2,949 MEALS &amp; REFRESHMENTS 15,201 MISCELLANEOUS 1,603 STUDENT OUTREACH AWARDS 4,000 YP PROGRAM EXPENSES 889 ADMINISTRATIVE SERVICES 18,016 BANK CHARGES 1,140 MERCHANT SERVICES 5,456 ROUNDING 3 TOTAL 113,393</ExplanationTxt>
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        <ExplanationTxt>ACCOUNTS RECEIVABLE 1,330 0 PREPAID EXPENSES AND DEFERRED CHARGES 784 2,284 TOTAL 2,114 2,284</ExplanationTxt>
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        <ExplanationTxt>ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,021 2,766 DEFERRED REVENUE 24,761 23,388</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE RISK MANAGEMENT ASSOCIATION (RMA), AN AFFILIATE DRIVEN PROFESSIONAL ASSOCIATION, HELPS BANKING AND NON-BANKING INSTITUTIONS IDENTIFY AND MANAGE THE IMPACTS OF CREDIT RISK, OPERATIONAL RISK, AND MARKET RISK ON THEIR BUSINESSES AND CUSTOMERS. WE ACHIEVE THIS GOAL THROUGH EDUCATION, RESEARCH, NETWORKING, AND LEADERSHIP OPPORTUNITIES.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 28</FormAndLineReferenceDesc>
        <ExplanationTxt>TO ADVANCE SOUND RISK PRINCIPLES IN THE FINANCIAL SERVICES INDUSTRY TO IMPROVE INSTITUTIONAL PERFORMANCE AND FINANCIAL STABILITY, AS WELL AS ENHANCE THE RISK COMPETENCY OF INDIVIDUALS THROUGH INFORMATION, EDUCATION, PEER SHARING, AND NETWORKING. EACH YEAR THE RMA MINNESOTA CHAPTER OFFERS THE COMMERCIAL LENDING ACADEMY. SINCE THE PROGRAM'S INCEPTION, OVER 300 LENDERS, CREDIT ANALYSTS AND FINANCIAL INDUSTRY PROFESSIONALS FROM MORE THAN 65 INSTITUTIONS IN THE MIDWEST HAVE GRADUATED FROM THE ACADEMY. OUR PROGRAM PROVIDES A COMPREHENSIVE OVERVIEW TO THE VARIOUS ASPECTS OF THE COMMERCIAL LOAN UNDERWRITING AND MANAGEMENT PROCESS.</ExplanationTxt>
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