Georgia School Boards Association Risk Management Fund

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

EIN: 582159813 ✦ Lawrenceville, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia School Boards Association Risk Management Fund?

The Georgia School Boards Association Risk Management Fund is a nonprofit organization that collaborates with local school systems to safeguard their assets and minimize losses through tailored alternatives to conventional insurance. Based in Lawrenceville, Georgia, the fund offers property and liability self-insurance plans, delivering personalized support to members at a professional level. Their team of risk management staff and consultants assist members in mitigating potential risks through comprehensive risk identification, assessment, planning, and physical inspections. This proactive approach allows members to effectively manage their liabilities and property insurance-related services. The fund's mission is to maintain financial integrity while providing superior customized solutions for public schools and education.


Official website here: www.gsba.com

Is Georgia School Boards Association Risk Management Fund legitimate?

Georgia School Boards Association Risk Management Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia School Boards Association Risk Management Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gsba.com

What is the mission statement of Georgia School Boards Association Risk Management Fund?

The Georgia School Boards Association Risk Management Fund partners with local school systems to protect assets and minimize losses through superior customized alternatives to traditional insurance, while maintaining financial integrity. The organization goes beyond the normal service of a commercial insurance broker by building relationships with its members and providing training and information to assist them in managing risks. The fund delivers personal support to its members at the highest professional level for all liability and property insurance related services. A team of risk management staff and consultants are available to help members minimize loss exposures, injuries, and damages through risk identification, assessment, planning, physical inspections, research, and other initiatives specifically focused on public schools and education.


Official website here: www.gsba.com

Who is the CEO of Georgia School Boards Association Risk Management Fund?

Valarie Wilson is the Executive Director of Georgia School Boards Association Risk Management Fund.


Official website here: www.gsba.com

What is the revenue of Georgia School Boards Association Risk Management Fund?

Georgia School Boards Association Risk Management Fund's revenue in 2023 was $37,077,767.


Official website here: www.gsba.com

Who are the executives of Georgia School Boards Association Risk Management Fund and what are their salaries?

Here are 12 key members and their salaries:

    Valarie V Wilson (Executive Director)
  • Compensation: $0
  • Related: $263,871
  • Other: $39,612

    • Ronald Hopkins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lewis (Vice Chair, Incoming) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sammie Knight (Vice Chair, Outgoing) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Dyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virgil Cole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Franklin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Byron Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noris Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Hardy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eaddy Sams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robby Pitts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gsba.com

    Where can I find the form 990 for Georgia School Boards Association Risk Management Fund?

    The Georgia School Boards Association Risk Management Fund’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.gsba.com

    Learn more at the official website: www.gsba.com

    Mission Statement of Georgia School Boards Association Risk Management Fund

    The Georgia School Boards Association Risk Management Fund is a unique partnership that works closely with local school systems to safeguard their assets and minimize potential losses. By offering superior, customized alternatives to traditional insurance, the organization ensures financial integrity while providing personalized support.

    The team at the GSBA Risk Management Fund builds strong relationships with its member organizations, going beyond the typical service of a commercial insurance broker. They deliver expert training and information to help members effectively manage their risks. In times of need, the fund provides top-tier professional support for all liability and property insurance-related services. A dedicated team of risk management staff and consultants are on hand to help members minimize their exposure to loss, injuries, and damages through rigorous risk identification, assessment, planning, physical inspections, research, and other specialized initiatives. These state-wide initiatives are tailored to the specific needs of public schools and education.

    Impact

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




    Thursday, August 15, 2024

    The Georgia School Boards Association Risk Management Fund partners with local school systems to protect assets and minimize losses through superior customized alternatives to traditional insurance. By offering group self-insurance plans for property and liability risks, the organization goes beyond the normal service provided by commercial insurance brokers. Their staff builds relationships with members, provides training and information, and delivers personal support at the highest professional level as needed. Through risk identification, assessment, planning, and other initiatives, the Fund assists members in minimizing loss exposures, injuries, and damages. Their impact is evident in the successful risk management of Georgia public school systems, contributing to the financial integrity and protection of assets for educational institutions across the state.





    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 2023.

  • Investment Income: $995,338
  • Program Service Revenue: $36,082,429
  • Gross Receipts: $72,913,583

    • Assets and Liabilities:
  • Total Assets: $56,214,007
  • Total Liabilities: $32,803,387
  • Net Assets: $23,410,620
  • Programs

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

    FUND CONTRIBUTIONS

    Revenue

    $36,082,429

    Organization Details

    Founding Year

    1994

    Principal Officer

    Valarie Wilson

    Main Address

    5120 SUGARLOAF PARKWAY, LAWRENCEVILLE, GA, 30043

    NTEE Category

    Code: Y20 - Mutual benefit

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