2026-08-14T08:14:01-04:00 2025-12-31 205520612 L M HENDERSON & COMPANY LLP 450 E 96TH ST STE 200 INDIANAPOLIS IN 462403797 990 2025-01-01 363477140 BROKERS & REINSURANCE MARKETS INC ASSOCIATION BROK 8477203666 10 W 106TH ST SUITE 100 INDIANAPOLIS IN 46290 MICHELLE THOMAS TREASURER 8477203666 2026-08-12 true JAMES J CLINE P00151432 3175661000 2026-08-13 2025 2025-03-06 01:10:19Z X STEVEN HANKE 10 W 106TH ST SUITE 100 INDIANAPOLIS IN 46290 462616 false X WWW.BRMA.ORG X 1986 NY BRMA'S MISSION IS TO EDUCATE, INFORM AND INSPIRE PEOPLE WORKING IN DISCIPLINES RELATED TO BUSINESS CONTINUITY, ORGANIZATIONAL RESILIENCY, AND RISK. 9 9 0 9 0 0 405927 443678 18848 18938 0 424775 462616 0 0 0 0 0 582746 467019 582746 467019 -157971 -4403 832941 566578 286196 24236 546745 542342 BRMA'S MISSION IS TO EDUCATE, INFORM AND INSPIRE PEOPLE WORKING IN DISCIPLINES RELATED TO BUSINESS CONTINUITY, ORGANIZATIONAL RESILIENCY, AND RISK. false false THE ASSOCIATION SERVES THE REINSURANCE BROKER CHANNEL. THE PRIMARY OBJECTIVE OF THE ASSOCIATION IS TO IMPROVE THE EFFECTIVENESS OF THE REINSURANCE BROKER CHANNEL IN TERMS OF ITS ABILITY TO SERVICE ITS CLIENTS AND ITS COMPETITIVENESS IN THE OVERALL MARKETPLACE. THE PRESENT OBJECTIVES AND GOALS OF THE ASSOCIATION ARE TO 1) MONITOR AND REFINE, THROUGH THE USE OF COMMITTEES, FREE CHOICE INDUSTRY-WIDE GUIDELINES; 2) PRODUCE TIMELY AND TOPICAL "WHITE PAPERS" THAT HAVE A COMMON INTEREST TO THE REINSURANCE INDUSTRY; 3) IDENTIFY TOPICAL ISSUES, AND PROVIDE A FORUM FOR DISCUSSION; AND 4) TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR ITS MEMBERS THROUGH THE USE OF CONTEMPORARY SPEAKERS. false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 true 0 false false false false false false false false X 9 9 false true false false true true true true true false false true true true true true true false false false X NATHAN SALATI 8477203666 10 W 106TH ST SUITE 100 INDIANAPOLIS IN 46290 X STEVEN HANKE CHAIR 2.00 X X 0 0 0 KERRI HAMM VICE CHAIR 2.00 X X 0 0 0 MICHELLE THOMAS TREASURER 2.00 X X 0 0 0 FRANK HAND PAST CHAIR 1.00 X X 0 0 0 JON COLELLO DIRECTOR 1.00 X 0 0 0 TIM DRISCOLL DIRECTOR 1.00 X 0 0 0 SIMMON HEDLEY DIRECTOR 1.00 X 0 0 0 ALEXANDER VAN DIJK DIRECTOR 1.00 X 0 0 0 MONICA NINGEN DIRECTOR 1.00 X 0 0 0 false false false NAMIC SERVICE CORPORATION 10 W 106TH ST SUITE 100 INDIANAPOLIS IN 46290 MANAGEMENT 172532 1 MEMBERSHIP DUES 813910 390000 390000 EVENT REVENUE 813910 53678 53678 443678 18938 18938 462616 443678 18938 X 188239 122498 65741 3897 2777 1120 960 960 262788 262788 3533 1236 2297 BANK FEES 7602 4121 3481 467019 394380 72639 0 294783 101519 430488 443490 84349 80 23321 21489 832941 566578 21847 24236 264349 286196 24236 X 546745 542342 546745 542342 832941 566578 -4403 X false true X true false X 462616 462616 462616 467019 467019 467019 SCHEDULE D, PAGE 3, PART X THE ASSOCIATION HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE FOR ALL BUSINESS INCOME RELATED TO ITS EXEMPT PURPOSE. THE ASSOCIATION IS REQUIRED TO PAY FEDERAL AND STATE INCOME TAXES ON ITS NET UNRELATED BUSINESS INCOME. THE ASSOCIATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2025 AND DECEMBER 31, 2024. MANAGEMENT EVALUATES ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON ITS ANNUAL INFORMATION RETURNS, INCLUDING THE POSITION THAT THE ASSOCIATION CONTINUES TO QUALIFY TO BE TREATED AS A SECTION 501(C)(6) ORGANIZATION FOR BOTH FEDERAL AND STATE PURPOSES. FOR THE YEARS ENDED DECEMBER 31, 2025 AND DECEMBER 31, 2024, MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT BE SUSTAINED UNDER EXAMINATION. THEREFORE, NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF DECEMBER 31, 2025 AND DECEMBER 31, 2024, OR THE YEARS THEN ENDED. THE ANNUAL INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. FORM 990, PAGE 6, PART VI, LINE 3 THE ASSOCIATION HAS CONTRACTED WITH AN ASSOCIATION MANAGEMENT COMPANY TO PERFORM ALL MANAGERIAL SERVICES INCLUDING PLANNING, EXECUTING BUDGETS AND OTHER FINANCIAL REQUIREMENTS WITH EXECUTIVE COMMITTEE OVERSIGHT AND IN CONJUCTION WITH THE TREASURER AS WELL AS DEALING WITH LEGAL ISSUES FACING THE ASSOCIATION. THIS IS SEEN AS THE MOST COST EFFECTIVE ALTERNATIVE. FORM 990, PAGE 6, PART VI, LINE 6 BROKERS AND REINSURNACE MARKETS ASSOCIATION, INC. IS A NOT-FOR-PROFIT VOLUNTEER ASSOCIATION WHOSE MEMBERS ELECT THE GOVERNING BODY, APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY AND WOULD SHARE THE ASSOCIATION'S NET ASSETS IF THE ASSOCIATION WERE TO DISSOLVE. FORM 990, PAGE 6, PART VI, LINE 7A SEE THE ANSWER TO QUESTION 6, PART VI. THE ORGANIZATION HAS 25 VOTING MEMBERS. HOWEVER, 9 MEMBERS ARE DEEMED THE EXECUTIVE COMMITTEE, AND THOSE MEMBERS ARE CHARGED WITH GOVERNANCE. FORM 990, PAGE 6, PART VI, LINE 7B SEE THE ANSWER TO QUESTION 7 A AND B, PART VI. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO THE FILING OF THE FORM 990, THE ASSOCIATION MANAGEMENT COMPANY AND AN OFFICER OF THE EXECUTIVE COMMITTEE CHARGED WITH THESE MATTERS REVIEW THE 990 WITH THE CPA RESPONSIBLE FOR ITS PREPARATION. DURING THE REVIEW PROCESS, ALL ISSUES AND QUESTIONS ARE RESOLVED AND THE RETURN IS APPROVED FOR FILING. ALL MEMBERS ARE GIVEN THE OPPORTUNITY TO OBTAIN A COPY OF THE TAX RETURN FOR THEIR RECORDS. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCED BY EXECUTIVE COMMITTEE FORM 990, PAGE 6, PART VI, LINE 19 FULL COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT FEES 122,498 50,034 0 PROFESSIONAL FEES 0 15,707 0 TOTAL 122,498 65,741 0