2019-05-21T07:01:13-07:00 2018-12-31 371122831 Striegel Knobloch & Company LLC CPAs 115 W Jefferson Suite 200 Bloomington IL 617013946 990 2018-01-01 461847740 North American CRO Council Incorporated co William G Primps Locke Lord LLP NORT 2129122724 200 Vesey Street 20th Floor New York NY 10281 Nicholas Silitch Chair 2019-05-21 true Benjamin J Smith P01272971 3098294303 2018 2019-02-21 02:37:17Z X Nicholas Silitch 751 Broad St Newark NJ 07102 496320 false false X www.crocouncil.org X 2013 DE See Schedule O for organization's mission statement. 31 31 0 31 0 0 488320 496320 0 0 488320 496320 0 0 0 0 0 356906 343286 356906 343286 131414 153034 557961 712288 80643 557961 631645 Seeking alignment of regulatory requirements in North America with insurance industry sound practices in risk management and harmonization of these requirements across jurisdictions. Seeking alignment of rating agency capital and liquidity assessments with sound industry practices in risk management. false false Promoting the development and assessment of capital requirements based, in part, on internal company-developed risk models, and the appropriate recognition of the benefits of risk identification, risk controls and risk diversification. Influencing the development of new risk disclosures, as they may be required by regulatory bodies, by developing considered responses to such regulatory proposals. Producing and distributing occasional position papers on topical risk management issues. false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 3 0 true 0 false false false false false false false false false false false false false false false X 31 31 false false false false true true true true true false false true true true true false true false false false X X Nicholas Silitch 9738029116 751 Broad St 10th Floor Newark NJ 07102 X Rahim Hirji Chair 1.00 0.00 X 0 0 0 Nicholas Silitch Vice Chair 1.00 0.00 X 0 0 0 0 false false false KPMG LLP 345 Park Avenue New York NY 10154 Consulting/mgmt. 268818 1 0 Membership dues 496320 496320 496320 0 0 0 0 0 0 0 0 0 496320 496320 0 0 0 0 0 0 0 0 0 0 268818 23620 1800 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Meetings 32258 Committee expenses 16312 Miscellaneous 478 0 343286 0 0 0 557961 712288 0 0 0 0 0 0 0 0 0 0 0 0 0 0 557961 712288 80643 0 80643 X 557961 631645 557961 631645 557961 712288 X 153034 -79350 X false false false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has members. Any individual who is a Chief Risk Officer of a qualifying insurance group may become a member of the organization after a determination by the organization's board of directors that such individual meets the qualifications set forth by the organization's bylaws. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The organization's members have the power to elect members to the organization's governing body. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The organization's members have the right to approve changes to the governing documents. Form 990, Part VI, Line 11b: Form 990 Review Process A copy of the tax return, Form 990, is provided to the governing body of the organization for their review prior to the tax return being filed with the taxing authorities. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Each director and officer of the organization is required to annually sign a statement that they are in compliance with the organization's conflict of interest policy. Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection The organization makes its tax returns available to the public upon written request. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public. Other Changes In Net Assets Or Fund Balances - Other Decreases Prior period adjustment - accounts payable = -$79350