Nonprofit · EIN 36-3579508
RISK MANAGEMENT FOUNDATION
Tax-exempt · EVANSTON, IL 60201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $7,036,766 | $5,220,900 | $1,815,866 | $29,200,523 | $4,020,317 | $25,180,206 |
| July 31, 2024 | 990 | $6,030,339 | $5,039,739 | $990,600 | $25,494,795 | $3,244,219 | $22,250,576 |
| July 31, 2023 | 990 | $5,094,662 | $5,215,815 | -$121,153 | $22,083,939 | $2,547,547 | $19,536,392 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,496,160
- Investment income
- $1,395,670
- Net gain from sales of assets
- -$35,119
- Other revenue
- $144,936
Expenses
- Grants and similar amounts paid
- $645,044
- Benefits paid to members
- $2,005,663
- Compensation of officers, directors and key employees
- $242,944
- Other salaries and wages
- $233,941
- Salaries, compensation and benefits (total)
- $620,026
- Professional fundraising fees
- $0
- Legal fees
- $54,801
- Accounting fees
- $37,851
- Travel
- $55,097
- Program services (functional)
- $5,041,286
- Management and general (functional)
- $179,614
Balance sheet and other
- Total assets, start of year
- $25,494,795
- Total assets, end of year
- $29,200,523
- Total liabilities, end of year
- $4,020,317
- Net assets, end of year
- $25,180,206
- Publicly traded securities
- $25,422,095
- Net assets without donor restrictions
- $25,180,206
- Gross receipts
- $15,193,108
- Employees
- 5
- Volunteers
- 10
- Year formed
- 1988
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN O DAVIDSON | EXECUTIVE DIRECTOR / SECRETARY Officer | 25 | $213,234 | $29,710 |
| DENNIS SANTOLI | BOARD MEMBER / CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| KEITH DOBROLINSKY | BOARD MEMBER / VICE CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| EDWARD PITT | BOARD MEMBER / TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| NATHAN A NEAL ESQ | BOARD MEMBER Trustee or director | 7 | $0 | $0 |
| ANDREW WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN YEO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended July 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen O Davidson | Executive Director Officer | 25 | $121,559 | $16,600 |
| Dennis Santoli | Board Member / Chairman Trustee or director, Officer | 10 | $0 | $0 |
| Edward Pitt | Board Member / Treasurer Trustee or director, Officer | 10 | $0 | $0 |
| Keith Dobrolinsky | Board Member / Vice Chairman Trustee or director, Officer | 10 | $0 | $0 |
| Nathan A Neal Esq | Board Member / Secretary Trustee or director, Officer | 7 | $0 | $0 |
| Andrew Williams | Board Member Trustee or director | 5 | $0 | $0 |
| John Yeo | Board Member Trustee or director | 5 | $0 | $0 |
990 for the year ended July 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen O Davidson | Executive Director Officer | 25 | $112,607 | $15,929 |
| Dennis Santoli | Board Member / Chairman Trustee or director, Officer | 10 | $0 | $0 |
| Edward Pitt | Board Member / Treasurer Trustee or director, Officer | 10 | $0 | $0 |
| Keith Dobrolinsky | Board Member / Vice Chairman Trustee or director, Officer | 10 | $0 | $0 |
| Nathan A Neal Esq | Board Member / Secretary Trustee or director, Officer | 7 | $0 | $0 |
| Andrew Williams | Board Member Trustee or director | 5 | $0 | $0 |
| John Yeo | Board Member Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1714 HINMAN AVE, EVANSTON, IL 60201-4517
- Principal officer (990 for 2024)
- STEPHEN DAVIDSON, 1714 HINMAN AVENUE, EVANSTON, IL 60201
- Signed the 990
- STEPHEN DAVIDSON, EXECUTIVE DIRECTOR
- Phone
- (847) 869-3658
- Return prepared by
- CROWE LLP
Mission
RISK MANAGEMENT FOUNDATION (RMF) IS A NOT-FOR-PROFIT 501(C)(3) EDUCATIONAL FOUNDATION ESTABLISHED TO EDUCATE CHAPTERS AND HOUSE CORPORATIONS OF SIGMA CHI FRATERNITY ABOUT RISK MANAGEMENT AND PROVIDE AID IN TIMES OF LOSS.
Program accomplishments
- RMF PROVIDES EXTENSIVE EDUCATIONAL PROGRAMMING AND MATERIALS ABOUT RISK MANAGEMENT TO ITS MEMBERSHIP AND OTHER INTERESTED PARTIES. RISKWATCH EDUCATIONAL INITIATIVES INCLUDE AN E-NEWSLETTER (DISTRIBUTION OF 3000), ELECTRONIC RISK MANAGEMENT ALERTS, LOCAL AND INTERNATIONAL EDUCATIONAL SEMINARS, SCHOLARSHIPS, AND ONE-ON-ONE ASSESSMENT AND REVIEW OF MEMBER RISK MANAGEMENT PLANS AND/OR INITIATIVES. RMF PROVIDES RISK MANAGEMENT EDUCATION AND RELATED SERVICES TO ITS MEMBERS. ANY CHAPTER OF SIGMA CHI FRATERNITY AND ANY HOUSE CORPORATION HOLDINGS TITLE TO OR MANAGING PROPERTY FOR THE BENEFIT OF SIGMA CHI CHAPTER IS ELIGIBLE FOR MEMBERSHIP. TODAY, 97% OF SIGMA CHI'S CHAPTERS ARE SUBSCRIBING MEMBERS OF RMF.Expenses $5,041,286 · grants $645,044 · revenue $5,641,096
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 36-3579508
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E73Z)
- Assets (IRS master file)
- $29,200,523
- Income (IRS master file)
- $15,193,108
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | – | – | – | IRS |
| 990 | July 2024 | – | – | – | IRS |
| 990 | July 2023 | $5,094,662 | $5,215,815 | $22,083,939 | IRS |
| 990-T | July 2023 | – | – | – | IRS |
| 990 | July 2022 | $5,409,546 | $2,760,784 | $20,799,013 | IRS |
| 990-T | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990-T | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about RISK MANAGEMENT FOUNDATION
- What is the EIN of RISK MANAGEMENT FOUNDATION?
- The employer identification number (EIN) of RISK MANAGEMENT FOUNDATION is 36-3579508.
- Is RISK MANAGEMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to RISK MANAGEMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISK MANAGEMENT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RISK MANAGEMENT FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISK MANAGEMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of RISK MANAGEMENT FOUNDATION?
- The 990 for the year ended July 31, 2025 names STEPHEN DAVIDSON.
- Who are the officers and directors of RISK MANAGEMENT FOUNDATION?
- The 990 for the year ended July 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $213,234 (STEPHEN O DAVIDSON, EXECUTIVE DIRECTOR / SECRETARY).
- How much revenue does RISK MANAGEMENT FOUNDATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $7,036,766, expenses of $5,220,900 and total assets of $29,200,523 at year end.
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