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Nonprofit · EIN 31-1594757

RISK AND INSURANCE MANAGEMENT SOCIETY INC

Also known as LONG ISLAND CHAPTER

Tax-exempt · PLAINVIEW, NY 11803

Financials

$27K$39K2024$23K$48K2025
Revenue Expenses · by fiscal year end
Financials of RISK AND INSURANCE MANAGEMENT SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$22,810$48,242-$25,432$43,714–$43,714
December 31, 2024990-EZ$27,048$39,344-$12,296$69,145–$69,145
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Membership dues
$100
Program service revenue
$10,930
Net income from fundraising events
$11,780

Expenses

Grants and similar amounts paid
$5,060
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$14,667
Printing, publications and postage
$255
Other expenses
$28,260
Program services (functional)
$36,223

Balance sheet and other

Total assets, start of year
$69,146
Total assets, end of year
$43,714
Total liabilities, end of year
–
Net assets, end of year
$43,714
Cash, savings and investments
$43,714
Gross receipts
$88,514

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH CORIGLIANOPRESIDENT5$0
SUE WEINGASTVICE PRESIDE5$0
GREGORY MONTENEGROTREASURER5$0
MATT MILLMANSECRETARY5$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JOSEPH CORIGLIANOPRESIDENT5$0
SUE WEINGASTVICE PRESIDE5$0
GREGORY MONTENEGROTREASURER5$0
MATT MILLMANSECRETARY5$0

Address and contacts

Address (IRS master file)
PO BOX 63, PLAINVIEW, NY 11803-0063
In care of
% JAMES S PADUANO
Signed the 990-EZ
JOSEPH CORIGLIANO, PRESIDENT
Phone
(516) 804-9938
Return prepared by
NJK ASSOCIATES LLC

Mission

THE RISK INSURANCE MANAGEMENT SOCIETY (RIMS) AND ITS LOCAL CHAPTERS PROVIDE EDUCATION TO ITS MEMBERS IN THE FIELD OF RISK MANAGEMENT AND INSURANCE, THROUGH EDUCATIONAL PROGRAMS. IN ADDITION TO PROVIDING FUNDING TO RISK MANAGEMENT SCHOOLS, AND ORGANIZATIONS LIKE SPENCER AND TO RAISE FUNDS FOR NEEDED CHARITABLE INSTITUTIONS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • CONSISTENT WITH ITS MISSION TO EDUCATE AND SUPPORT PROFESSIONALS IN THE FIELDS OF RISK MANAGEMENT AND INSURANCE, THE RISK AND INSURANCE MANAGEMENT SOCIETY INC. (RIMS) PROVIDES ONGOING OPPORTUNITIES FOR LEARNING AND ENGAGEMENT. THROUGH TARGETED SEMINARS AND EDUCATIONAL INITIATIVES, RIMS UPDATES MEMBERS ON CRITICAL TOPICS SUCH AS CYBERSECURITY, WORKERS COMPENSATION, AND BROADER INDUSTRY DEVELOPMENTS, FOSTERING PROFESSIONAL GROWTH AND ADVANCING THE PRACTICE OF RISK MANAGEMENT.
    Expenses $6,524
  • TO FULFILL ITS EDUCATIONAL MISSION BY ORGANIZING PROFESSIONAL SEMINARS AND TRAINING PROGRAMS THAT KEEP MEMBERS INFORMED OF DEVELOPMENTS IN THE INSURANCE AND RISK MANAGEMENT INDUSTRIES. TOPICS INCLUDE CYBERSECURITY, WORKERS COMPENSATION, AND OTHER EMERGING ISSUES THAT CONTRIBUTE TO THE ADVANCEMENT OF THE PROFESSION AND SUPPORT OF RELATED EDUCATIONAL AND CHARITABLE INITIATIVES.
    Expenses $5,060 · grants $5,060
  • BRING UPDATED INSURANCE INFORMATION TO OUR MEMBERS AND VARIOUS SEMINARS TO KEEP THEM INFORMED ON CYBER SECURITY, WORKERS COMPENSATION AND THE INSURANCE INDUSTRY AS A WHOLE.
    Expenses $24,639

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
31-1594757
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$43,714
Income (IRS master file)
$88,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$22,810$48,242$43,714IRS
990-EZDecember 2024$27,048$39,344$69,145IRS
990-EZDecember 2022–––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 31-1594757).

Questions about RISK AND INSURANCE MANAGEMENT SOCIETY INC

What is the EIN of RISK AND INSURANCE MANAGEMENT SOCIETY INC?
The employer identification number (EIN) of RISK AND INSURANCE MANAGEMENT SOCIETY INC is 31-1594757.
Is RISK AND INSURANCE MANAGEMENT SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
Are donations to RISK AND INSURANCE MANAGEMENT SOCIETY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RISK AND INSURANCE MANAGEMENT SOCIETY INC 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 AND INSURANCE MANAGEMENT SOCIETY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RISK AND INSURANCE MANAGEMENT SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of RISK AND INSURANCE MANAGEMENT SOCIETY INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does RISK AND INSURANCE MANAGEMENT SOCIETY INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $22,810, expenses of $48,242 and total assets of $43,714 at year end.

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