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Municipal Risk Management Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251407783 ✦ Sewickley, PA ✦ Designated as a 501(c)(3)

Overview

What is Municipal Risk Management Inc?

Municipal Risk Management Inc, established in 1982, is a nonprofit corporation headquartered in Sewickley, Pennsylvania. Its primary mission involves cooperating with municipalities, Pennsylvania municipal authorities, and other tax-exempt governmental agencies to reduce liability for workers' compensation insurance. This is accomplished through a municipal safety group concept, which aims to decrease injuries, lower costs, and deliver savings and dividends to members with good claims records. The organization's strategy incorporates effective loss control programs, risk management, fiscal management, and compliance with Pennsylvania statutes and regulations to ensure safer working conditions and full benefits for municipal employees. To date, Municipal Risk Management Inc has returned over $9.1 million in dividends to its member governments, resulting in significant savings for their taxpayers.


Is Municipal Risk Management Inc legitimate?

Municipal Risk Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Municipal Risk Management Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $438,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,554

For more financial information, click here


What is the mission statement of Municipal Risk Management Inc?
Who is the CEO of Municipal Risk Management Inc?
What is the revenue of Municipal Risk Management Inc?
Who are the executives of Municipal Risk Management Inc and what are their salaries?
Where can I find the form 990 for Municipal Risk Management Inc?

Mission Statement of Municipal Risk Management Inc

Municipal Risk Management Inc, established in 1982, is a non-profit organization with a mission to save taxpayer funds for municipalities in Pennsylvania. Its primary objective is to pool the premiums of statutory, tax-exempt municipal entities in the Commonwealth to provide adequate coverage for all required statutory coverages. By doing so, Municipal Risk Management Inc aims to reduce member costs and expenses through effective loss control programs, risk management, fiscal management, and other appropriate means. This strategy is designed to comply with the statutes of Pennsylvania and regulations requiring safer working conditions for all municipal employees, ensuring full benefits. The ultimate goal of this non-profit corporation is to reduce claims, lower premiums, and provide a safe work environment for municipal employees, thereby demonstrating its commitment to the well-being of the communities it serves.

Impact

This information is meant to be a general summary of Municipal Risk Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Municipal Risk Management Inc's impact can be seen in the significant savings and dividends it has provided to its member governments. Through its MUNICIPAL SAFETY GROUP concept, the organization has effectively reduced injuries, lowered costs, and returned over $9.1 million in dividends to its members. This has resulted in a noticeable decrease in net costs for worker's compensation, benefitting both the governments involved and their taxpayers. By pooling premiums and implementing effective risk management and loss control programs, Municipal Risk Management Inc has demonstrated a clear commitment to enhancing safety in the workplace and ensuring compliance with regulations while generating public benefits.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40,942
  • Program Service Revenue: $1,618,083
  • Gross Receipts: $1,889,170

    • Assets and Liabilities:
  • Total Assets: $1,866,015
  • Total Liabilities: $1,419
  • Net Assets: $1,864,596
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRUST II ADMIN. FEES

    Revenue

    $1,320,000

    PLT ADMINISTRATIVE SER

    Revenue

    $298,083

    Organization Details

    Founding Year

    1982

    Principal Officer

    Christine A Caliguiri

    Main Address

    1603 CARMODY CT BLAYMORE II STE 4, SEWICKLEY, PA, 15143

    NTEE Category

    Code: W99Z - Public benefit

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