Risk & Insurance Management Society Inc Chicago Chapter
RIMS is a membership Organization dedicated to advancing the practice of risk management and providing educational and professional development opportunities to its membership.
Risk & Insurance Management Society Inc Chicago Chapter at a glance
- Total assets
- $435,855
- +13.7% vs 2023
- Revenue (2024)
- $306,140
- -12.2% vs 2023
- Expenses (2024)
- $253,727
- -12.1% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
Who Risk & Insurance Management Society Inc Chicago Chapter funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $7K (2019) to $21K (2022). In 2022 it reported $21K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Illinois State University Normal, IL | To provide scholarships to students | $7,500 |
| University of Wisconsin-Madison Madison, WI | To provide scholarships to students | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $435,855 | $306,140 | $253,727 | — | — | — |
| 2023 | $383,442 | $348,498 | $288,800 | — | — | — |
| 2022 | $332,528 | $327,273 | $265,109 | $21,306 | Total only | — |
| 2021 | $270,364 | $225,580 | $174,953 | $15,000 | 2 | — |
| 2020 | $219,737 | $119,237 | $82,984 | $14,000 | 1 | $68 |
| 2019 | $165,999 | $335,180 | $321,699 | $6,500 | 1 | $66 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Risk & Insurance Management Society Inc Chicago Chapter
Based on IRS filings
Risk & Insurance Management Society Inc Chicago Chapter is a public charity, based in Buffalo Grove, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $436K in total assets.
Leadership & Key People
Officers and directors from IRS filings
Risk & Insurance Management Society Inc Chicago Chapter is led by Carnell Jones, President since 2022 (on filings since 2019); none of the 13 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carnell Jones
President
Director → Vice President, 2020
Vice President → President, 2022
On filings since 2019
2 hrs/week
No compensation reported
Andy Adams
Director
On filings since 2019
1 hr/week
No compensation reported
Jennifer Pack
Director
On filings since 2021
1 hr/week
No compensation reported
Kelly Croll
Director
On filings since 2021
1 hr/week
No compensation reported
Robert Benvenuto
Director
On filings since 2021
1 hr/week
No compensation reported
Dino Stiris
Director
On filings since 2022
1 hr/week
No compensation reported
Ryan Fee
Director
On filings since 2022
1 hr/week
No compensation reported
Frank Griggs
Director
On filings since 2023
1 hr/week
No compensation reported
Jack WIlliamson
Director
On filings since 2023
1 hr/week
No compensation reported
Steve Adamjee
Director
On filings since 2023
1 hr/week
No compensation reported
Gail Bartholomew
Secretary
Director → Secretary, 2020
On filings since 2019
2 hrs/week
No compensation reported
Katie Rabs
Vice President
Director → Vice President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Seung Yoo
Treasurer
Director → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (14)
- Former: John Kline (2019–2022) — Director
- Former: Grace Galletta (2020–2022) — Director
- Former: Michael Lubben (2019–2021) — Director
- Former: Theresa Severson (2019–2021) — President
- Former: Raymond Hernandez (2019–2020) — Director
- Former: Jason Mezyk (2020) — Treasurer
- Former: Judy Silverman (2020) — Director
- Former: Carolyn Agee (2019) — Director
- Former: Christopher Brandt (2019) — President
- Former: Kevin Lehmann (2019) — Treasurer
- Former: Laura Meade (2019) — Director
- Former: Liz Walker (2019) — Vice President
- Former: Mary Friedl (2019) — Assistant Treasurer
- Former: Shoba Rajanahally (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Risk & Insurance Management Society Inc Chicago Chapter
How large is Risk & Insurance Management Society Inc Chicago Chapter?
Risk & Insurance Management Society Inc Chicago Chapter reported $436K in total assets on its 2024 IRS Form 990. Its revenue that year was $306K.
Where does Risk & Insurance Management Society Inc Chicago Chapter operate?
Risk & Insurance Management Society Inc Chicago Chapter has awarded grants in Illinois, Wisconsin.
What is Risk & Insurance Management Society Inc Chicago Chapter's EIN?
Risk & Insurance Management Society Inc Chicago Chapter's EIN (Employer Identification Number) is 36-6109306. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 16, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS June 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 17, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 4, 2023)
- IRS filings on file for fiscal years 2019–2024
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