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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 52-1829341

RISK MANAGEMENT ASSOCIATES RMA

Tax-exempt · CHESAPEAKE, VA 23320

Financials

$120K$126K2023$111K$98K2024
Revenue Expenses · by fiscal year end
Financials of RISK MANAGEMENT ASSOCIATES RMA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$111,201$98,422$12,779$294,121$0$294,121
August 31, 2024990$119,511$126,360-$6,849$292,990$0$292,990
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$900
Membership dues
$900
Program service revenue
$103,132
Investment income
$5,938
Other revenue
$1,231

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,695
Travel
$403
Program services (functional)
$73,148
Management and general (functional)
$25,274

Balance sheet and other

Total assets, start of year
$292,990
Total assets, end of year
$294,121
Total liabilities, end of year
$0
Net assets, end of year
$294,121
Net assets without donor restrictions
$294,121
Gross receipts
$111,201
Employees
0
Year formed
1914
State of legal domicile
VA

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lemuel WhitsettPresident
Trustee or director, Officer
1$0
Curt SolomonAdvisory Board Chair
Trustee or director, Officer
1$0
Beth WatsonImmediate Past President
Trustee or director, Officer
1$0
Melissa BurroughsTreasurer
Trustee or director, Officer
1$0
Bradley HinesSecretary
Trustee or director, Officer
1$0
Kim BriggsVice President
Officer
1$0
990 for the year ended August 31, 2024: 7 people
NameTitleHours / weekCompensation
Tony ReitzelTreasurer
Trustee or director, Officer
1$0
Kim GlowishSecretary
Trustee or director, Officer
1$0
Melissa BurroughsAssistant Treasurer
Trustee or director, Officer
0$0
Curt SolomonImmediate Past President
Trustee or director, Officer
1$0
Lemuel WhitsettVice President
Trustee or director, Officer
1$0
Beth WatsonPresident
Trustee or director, Officer
1$0
Theresa ArrighiAdvisor Board Chair
Officer
1$0

Address and contacts

Address (IRS master file)
732 EDEN WAY NORTH STE 274E, CHESAPEAKE, VA 23320-2798
In care of
% MELISSA L BURROUGHS
Signed the 990
MELISSA L BURROUGHS, Treasurer
Phone
(757) 403-6270
Return prepared by
PT CPAs PLLC

Mission

The Organization is a member-driven professional association whose purpose is to advance sound risk management principles in the financial services industry. RMA uses sound risk management principles to improve institutional performance and financial results.

990 for the year ended August 31, 2025

Program accomplishments

  • Hosted conferences that promoted an enterprise approach to risk management that focuses on credit risk, market risk, operational risk securities lending and regulatory issues.
    Expenses $73,148

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 on file
2023August 31, 2024January 15, 2025990 on file

File the 2025 990-EZ for RISK MANAGEMENT ASSOCIATES RMA

Due January 15, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
52-1829341
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
1979
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$294,121
Income (IRS master file)
$111,201

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$111,201$98,422$294,121XML
990August 2024$119,511$126,360$292,990XML
990August 2023$116,043$120,997$299,839IRS
990August 2022$69,558$99,911$304,793IRS
990August 2021–––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 52-1829341).

Questions about RISK MANAGEMENT ASSOCIATES RMA

What is the EIN of RISK MANAGEMENT ASSOCIATES RMA?
The employer identification number (EIN) of RISK MANAGEMENT ASSOCIATES RMA is 52-1829341.
Is RISK MANAGEMENT ASSOCIATES RMA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Which annual return does RISK MANAGEMENT ASSOCIATES RMA 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 ASSOCIATES RMA 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 RISK MANAGEMENT ASSOCIATES RMA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who are the officers and directors of RISK MANAGEMENT ASSOCIATES RMA?
The 990 for the year ended August 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does RISK MANAGEMENT ASSOCIATES RMA have?
On its 990 for the year ended August 31, 2025 it reported revenue of $111,201, expenses of $98,422 and total assets of $294,121 at year end.

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