2014-05-14T15:16:34-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2012-07-01 611405040 PROFESSIONAL RISK MANAGERS' INTERNATIONAL ASSOCIATION PROF 6126055370 400 WASHINGTON STREET NORTHFIELD MN 55057 KRISTIN LUCAS 6126055370 2014-05-07 1 JOHN TAUER P00294068 6123764500 2012 2015-11-30 17:44:51Z KRISTIN LUCAS 400 WASHINGTON STREET NORTHFIELD MN 55057 2189954 0 X WWW.PRMIA.ORG X 2002 DE TO PROVIDE A FREE AND OPEN FORUM FOR THE PROMOTION OF SOUND RISK MANAGEMENT STANDARDS AND PRACTICES. 9 7 27 600 0 0 0 0 2631203 2183160 479 1296 1702 5498 2633384 2189954 0 0 0 0 632854 617080 0 0 0 1817046 1229149 2449900 1846229 183484 343725 784507 1094792 669230 724503 115277 370289 X TO PROVIDE A FREE AND OPEN FORUM FOR THE PROMOTION OF SOUND RISK MANAGEMENT STANDARDS AND PRACTICES GLOBALLY. TO ACCOMPLISH THIS MISSION, PRMIA'S OBJECTIVES ARE:1. TO BE A LEADER OF INDUSTRY OPINION AND A PROPONENT FOR THE RISK MANAGEMENT PROFESSION.2. DRIVE THE INTEGRATION OF PRACTICE AND THEORY AND CERTIFY THE CREDENTIALS OF PROFESSIONAL RISK MANAGERS.3. CONNECT PRACTITIONERS, RESEARCHERS, STUDENTS AND OTHERS INTERESTED IN THE FIELD OF RISK MANAGEMENT.4. BE GLOBAL IN FOCUS, PROMOTING CROSS-CULTURAL ETHICAL STANDARDS, SERVING EMERGING AS WELL AS MORE DEVELOPED MARKETS.5. WORK WITH OTHER PROFESSIONAL ASSOCIATIONS IN FURTHERANCE OF PRMIA'S MISSION. 0 0 RISK EDUCATION:THE PROFESSIONAL RISK MANAGERS DESIGNATION IS ENDORSED BY LEADING BUSINESSES AND UNIVERSITIES. IT IS THE GLOBAL STANDARD FOR THE WORLD'S TOP FINANCIAL RISK PROFESSIONALS. THE ASSOCIATE PRM CERTIFICATE IS DESIGNED FOR STAFF ENTERING THE RISK MANAGEMENT PROFESSION. OUR PUBLICATIONS PROVIDE ACCESS TO SOME OF THE HIGHEST QUALITY AND MOST RELEVANT WRITING FOR PROFESSIONAL RISK MANAGERS. RISK TRAINING:ONLINE TRAINING - PRMIA OFFERS OVER 700 ONLINE PROFESSIONAL DEVELOPMENT COURSES, DELIVERED INDIVIDUALLY OR AS A CORPORATE PACKAGE AND AVAILABLE ANYWHERE IN THE WORLD WITH AN INTERNET CONNECTION. IN-HOUSE TRAINING - TAILORED TRAINING PROGRAMS ARE DESIGNED SPECIFICALLY FOR YOUR COMPANY AND TAUGHT BY FACULTY FROM LEADING WORLDWIDE UNIVERSITIES AND INDUSTRY EXPERTS.CLASSROOM TRAINING - PRMIA AND LEADING UNIVERSITIES AROUND THE WORLD HAVE COME TOGETHER TO OFFER SPECIALIST AND ADVANCED COURSES IN RISK MANAGEMENT TAUGHT BY WORLD AUTHORITIES IN THEIR SUBJECTS. GLOBAL PRESENCE:PRMIA IS ACTIVE IN NEARLY EVERY MAJOR FINANCIAL CENTER. PRMIA PROVIDES AN EXTENSIVE AND ENGAGED NETWORK FOR RISK PROFESSIONALS. PRMIA HAS OVER 90,000 MEMBERS AND HAS 60 CHAPTERS IN 210 COUNTRIES. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 47 0 27 1 0 1 FR 0 0 0 0 X 9 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 0 1 0 0 X X KRISTIN LUCAS 6126055370 400 WASHINGTON STREET NORTHFIELD MN 55057 FARUK PATEL 2.00 0.30 X X 0 0 0 BOB MARK 2.00 0.30 X X 26309 0 0 OSCAR MCCARTHY 2.00 0.30 X X 0 0 0 CAROL ALEXANDER 2.00 0.30 X 65754 0 0 MOORAD CHOUDHRY 2.00 0.30 X 2389 0 0 SHAUN BOND 2.00 0.30 X 0 0 0 DOMINIK DERSCH 2.00 0.30 X 0 0 0 BUD HASLETT 2.00 0.30 X 0 0 0 COLIN LAWRENCE 2.00 0.30 X 1737 0 0 BARRY SCHACHTER 2.00 0.30 X 1516 0 0 CHAE SING WONG 2.00 0.30 X 0 0 0 JODI LUNDELL 50.00 10.00 X 138981 0 0 KRISTIN LUCAS 54.00 0.00 X 40028 0 0 276714 0 0 1 0 0 0 NEW YORK MARRIOTT 1535 BROADWAY NEW YORK NY 10036 GLOBAL EVENT VENUE/CATERING 349510 WELLEBEE LLC 5913 W 34TH STREET MINNEAPOLIS MN 55416 BUILDING WEBSITE 135650 NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 TRAINING COURSE 115830 3 TRAININGS 611430 839092 839092 EXAM FEES 611430 402842 402842 PUBLICATIONS 611430 339575 339575 MEMBERSHIP DUES 900099 293290 293290 SPECIAL EVENTS 900009 173960 173960 134401 134401 2183160 1296 1296 MISCELLANEOUS INCOME 900099 5498 5498 5498 2189954 2183160 0 6794 189467 377474 6416 43723 14428 19993 136801 7600 31717 109983 38394 5780 9939 9898 TRAINING PROGRAM EXPENS 434458 PUBLICATION EXPENSES 214011 EXAM ADMINISTRATION FEE 88967 MERCHANT FEES 84133 23047 1846229 522072 577306 90555 88043 13565 13642 5999 17726 418571 26638 152316 391933 6142 784507 1094792 238585 166310 430645 558193 669230 724503 X 115277 370289 115277 370289 784507 1094792 343725 -88713 0 X 0 1 X 1 0 0 0 0 0 0 1 0 24527 20070 4457 394044 6568 387476 391933 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: PRMIA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND COMPARABLE STATE LAW. PRMIA INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE IRC AND COMPARABLE STATE LAW. PRMIA FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. PRMIA IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS IT HAS TAKEN. PRMIA IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE RETURNS FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE-CHAIR, SECRETARY AND TREASURER OF PRMIA'S BOARD OF DIRECTORS AND IS SUBJECT TO THE AUTHORITY OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS THE POWER TO DIRECT THE ROUTINE ADMINISTRATIVE AFFAIRS OF PRMIA BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE CHAIR SHALL SERVE AS CHAIRPERSON OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS THE FOLLOWING MEMBERS: REGULAR MEMBERS - ONLY INDIVIDUAL PERSONS MAY BECOME REGULAR MEMBERS OF PRMIA. REGULAR MEMBERS HAVE VOTING RIGHTS ON ALL MATTERS THAT COME BEFORE THE MEMBERS, BUT THEY DO NOT HAVE THE RIGHT TO ELECT THE OFFICERS OF THE BOARD OF DIRECTORS. REGIONAL DIRECTORS - THE BOARD OF DIRECTORS MAY APPOINT MEMBERS TO SERVE AS REGIONAL DIRECTORS FOR ANY OF PRMIA'S REGIONAL CHAPTERS. IN ADDITION TO THEIR VOTING RIGHTS AS REGULAR MEMBERS, REGIONAL DIRECTORS ALSO ELECT THE OFFICERS OF THE BOARD OF DIRECTORS. AFFILIATE MEMBERS - A CORPORATION, ASSOCIATION, EDUCATIONAL INSTITUTION OR GOVERNMENT AGENCY MAY APPLY TO BE AN AFFILIATE MEMBER. INDIVIDUALS NOT MEETING THE REQUIREMENTS OF A REGULAR MEMBER MAY ALSO APPLY FOR AFFILIATE MEMBERSHIP. AFFILIATE MEMBERS HAVE NO VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE SUSTAINING MEMBERS OF THE ASSOCIATION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ANY AMENDMENT TO, OR REPEAL OF, THE ARTICLES OF INCORPORATION OR THE BYLAWS REQUIRE THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF OPERATIONS REVIEWS THE FORM 990 IN DETAIL FOLLOWED BY THE FINANCE COMMITTEE. THE RETURN WILL BE PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EXCEPT AS PERMITTED BY LAW, WITH RESPECT TO ANY CONTRACT OR OTHER TRANSACTION BETWEEN PRMIA AND ANY DIRECTOR (OR AN ORGANIZATION IN WHICH A DIRECTOR MAY BE A DIRECTOR, OFFICER OR LEGAL REPRESENTATIVE OR HAS A MATERIAL FINANCIAL INTEREST): A) THE MATERIAL FACTS AS TO SUCH CONTRACT OR TRANSACTION AS TO THE DIRECTOR'S INTEREST MUST BE FULLY DISCLOSED OR KNOWN TO THE BOARD OF DIRECTORS PRIOR TO APPROVAL OF SUCH CONTRACT OR TRANSACTION; B) SUCH APPROVAL SHALL REQUIRE THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TOTAL NUMBER OF DIRECTORS, NOT COUNTING ANY VOTE THAT THE INTERESTED DIRECTOR MIGHT HAVE; C) THE INTERESTED DIRECTOR SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM; AND D) PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND DETERMINES THE ANNUAL COMPENSATION FOR MANAGEMENT POSITIONS BASED ON INDUSTRY STANDARD, LOCATION, EXPERIENCE, ETC. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2012 FOR THE CHIEF OPERATING OFFICER, J. LUNDELL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THEIR WEBSITE. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. PRMIA INSTITUTE 400 WASHINGTON STREET NORTHFIELD MN 55057 201425960 EDUCATION DE 501(C)(3) LINE 11A, I PROFESSIONAL RISK MANAGERS' INTERNATIONAL ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0