Skip to main content

Nonprofit · EIN 82-2999422

MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION

Tax-exempt · GOLDEN VALLEY, MN 55427

Financials

$107K$113K2022$131K$125K2023$138K$144K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-EZ$138,056$144,202-$6,146$237,790$40,786$197,004
August 31, 2024990-EZ$130,997$125,224$5,773$229,304$26,154$203,150
August 31, 2023990-EZ$107,057$112,577-$5,520$224,159$26,782$197,377
Financial details: 990-EZ for the year ended August 31, 2025

Revenue

Membership dues
$37,145
Program service revenue
$99,466
Investment income
$1,445

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$8,710
Occupancy
$1,601
Printing, publications and postage
$952
Other expenses
$132,939

Balance sheet and other

Total assets, start of year
$229,304
Total assets, end of year
$237,790
Total liabilities, end of year
$40,786
Net assets, end of year
$197,004
Cash, savings and investments
$235,256
Gross receipts
$138,056

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-EZ for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PAUL DRAPERPRESIDENT1$0
JASON NOBLEVICE PRESIDE1$0
CRAIG SIIROTREASURER1$0
PAULA WILLIAMSSECRETARY1$0
ANDY DISCHDIRECTOR1$0
TODD SHARKEYDIRECTOR1$0
BRETT LAWRENCEDIRECTOR1$0
HEATHER RACHELDIRECTOR1$0
NICOLE KNUTSONDIRECTOR1$0
DAN RYANDIRECTOR1$0
JUSTIN NIEDERMANDIRECTOR1$0
GRACIE GEORGEDIRECTOR1$0
990-EZ for the year ended August 31, 2024: 11 people
NameTitleHours / weekCompensation
ANDY DISCHDIRECTOR1$0
ROBIN TURNERDIRECTOR1$0
TODD SHARKEYDIRECTOR1$0
BRETT LAWRENCEDIRECTOR1$0
PAUL DRAPERVICE PRESIDE1$0
PAULA WILLIAMSTREASURER1$0
RYAN NELSONPRESIDENT1$0
HEATHER RACHELDIRECTOR1$0
NICOLE KNUTSONDIRECTOR1$0
DAN RYANDIRECTOR1$0
JASON NOBLESECRETARY1$0
990-EZ for the year ended August 31, 2023: 10 people
NameTitleHours / weekCompensation
ANDY DISCHDIRECTOR1$0
ROBIN TURNERDIRECTOR1$0
BRETT LAWRENCEDIRECTOR1$0
PAUL DRAPERSECRETARY1$0
TONY TODEROPRESIDENT1$0
PAULA WILLIAMSTREASURER1$0
RYAN NELSONVICE PRESIDE1$0
HEATHER RACHELDIRECTOR1$0
NICOLE KNUTSONDIRECTOR1$0
DAN RYANDIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 270924, GOLDEN VALLEY, MN 55427-6924
Signed the 990-EZ
CRAIG SIIRO, TREASURER
Phone
(651) 304-0010
Return prepared by
MURRY & ASSOCIATES LLC

Mission

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.

990-EZ for the year ended August 31, 2025

Program accomplishments

  • 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.

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-EZ on file
2023August 31, 2024January 15, 2025990-EZ on file

IRS record

EIN
82-2999422
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2019
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$237,790
Income (IRS master file)
$138,056

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZAugust 2025$138,056$144,202$237,790IRS
990-EZAugust 2024$130,997$125,224$229,304XML
990-EZAugust 2023$107,057$112,577$224,159XML
990-EZAugust 2022–––IRS
990-EZAugust 2021–––IRS
990-EZAugust 2020–––IRS
990-EZAugust 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 82-2999422).

Questions about MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION

What is the EIN of MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION?
The employer identification number (EIN) of MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION is 82-2999422.
Is MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2019.
Are donations to MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION 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 MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
Who are the officers and directors of MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION?
The 990-EZ for the year ended August 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does MINNESOTA CHAPTER OF THE RISK MANAGEMENT ASSOCIATION have?
On its 990-EZ for the year ended August 31, 2025 it reported revenue of $138,056, expenses of $144,202 and total assets of $237,790 at year end.

Other nonprofits in GOLDEN VALLEY

All nonprofits in GOLDEN VALLEY · Minnesota · Community improvement and capacity building