Nonprofit · EIN 36-6109306
RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER
Tax-exempt · BUFFALO GROVE, IL 60089
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $306,140 | $253,727 | $52,413 | $435,855 | $0 | $435,855 |
| December 31, 2023 | 990 | $348,498 | $288,800 | $59,698 | $383,442 | $0 | $383,442 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $230,285
- Program service revenue
- $72,775
- Investment income
- $0
- Net income from fundraising events
- $3,080
- Other revenue
- $3,080
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $825
Balance sheet and other
- Total assets, start of year
- $383,442
- Total assets, end of year
- $435,855
- Total liabilities, end of year
- $0
- Net assets, end of year
- $435,855
- Gross receipts
- $340,087
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1955
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carnell Jones | President Trustee or director, Officer | 2 | $0 |
| Katie Rabs | Vice President Trustee or director, Officer | 2 | $0 |
| Seung Yoo | Treasurer Trustee or director, Officer | 1 | $0 |
| Gail Bartholomew | Secretary Trustee or director, Officer | 2 | $0 |
| Kelly Croll | Director Trustee or director | 1 | $0 |
| Jennifer Pack | Director Trustee or director | 1 | $0 |
| Andy Adams | Director Trustee or director | 1 | $0 |
| Robert Benvenuto | Director Trustee or director | 1 | $0 |
| Ryan Fee | Director Trustee or director | 1 | $0 |
| Dino Stiris | Director Trustee or director | 1 | $0 |
| Frank Griggs | Director Trustee or director | 1 | $0 |
| Steve Adamjee | Director Trustee or director | 1 | $0 |
| Jack WIlliamson | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carnell Jones | President Trustee or director, Officer | 2 | $0 |
| Katie Rabs | Vice President Trustee or director, Officer | 2 | $0 |
| Seung Yoo | Treasurer Trustee or director, Officer | 1 | $0 |
| Gail Bartholomew | Secretary Trustee or director, Officer | 2 | $0 |
| Kelly Croll | Director Trustee or director | 1 | $0 |
| Jennifer Pack | Director Trustee or director | 1 | $0 |
| Andy Adams | Director Trustee or director | 1 | $0 |
| Robert Benvenuto | Director Trustee or director | 1 | $0 |
| Ryan Fee | Director Trustee or director | 1 | $0 |
| Dino Stiris | Director Trustee or director | 1 | $0 |
| Frank Griggs | Director Trustee or director | 1 | $0 |
| Steve Adamjee | Director Trustee or director | 1 | $0 |
| Jack WIlliamson | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 318 HALF DAY ROAD 172, BUFFALO GROVE, IL 60089-6547
- In care of
- % COLLEGE OF AMERICAN PATHOLOGISTS
- Principal officer (990 for 2024)
- Seung Yoo, 318 Half Day Road 172, Buffalo Grove, IL 60089
- Signed the 990
- Seung Yoo, Treasurer
- Phone
- (267) 231-6088
- Website
- www.chicagorims.org
- Return prepared by
- Desmond & Ahern Ltd
Mission
RIMS is a membership Organization dedicated to advancing the practice of risk management and providing educational and professional development opportunities to its membership.
Program accomplishments
- To create a highly effective interactive communications system to elicit, understand and respond to member and chapter needs.
- To set direction and deliver relevant risk management educational opportunities, including the Chicago Risk Forum.
- To support member's interests and to be the risk management authority on a broad array of business risks.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6109306
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1958
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $435,855
- Income (IRS master file)
- $340,087
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $306,140 | $253,727 | $435,855 | XML |
| 990 | December 2023 | $348,498 | $288,800 | $383,442 | XML |
| 990 | December 2022 | $327,273 | $265,109 | $332,528 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 36-6109306).
Questions about RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER
- What is the EIN of RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER?
- The employer identification number (EIN) of RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER is 36-6109306.
- Is RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1958.
- Are donations to RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER 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 & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER?
- The 990 for the year ended December 31, 2024 names Seung Yoo.
- Who are the officers and directors of RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does RISK & INSURANCE MANAGEMENT SOCIETY INC CHICAGO CHAPTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $306,140, expenses of $253,727 and total assets of $435,855 at year end.
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