MUNICIPAL RISK MANAGEMENT INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

CHRISTINE A CALIGUIRI

Phone

7349349797

Tax Period

2024-10-01 to 2025-09-30

MUNICIPAL RISK MANAGEMENT INC, founded in 1982, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 13% surplus.

Mission

MRM WAS CREATED TO SAVE MUNICIPAL TAXPAYER FUNDS BY POOLING THE PREMIUMS OF THE STATUTORY, TAX-EXEMPT MUNICIPAL ENTITIES IN PENNSYLVANIA TO APPROPRIATELY PAY ALL STATUTORILY-REQUIRED COVERAGE, TO REDUCE MEMBER COSTS AND EXPENSES THROUGH EFFECTIVE LOSS CONTROL PROGRAMS, RISK MANAGEMENT, FISCAL MANAGEMENT, AND OTHER APPROPRIATE MEANS TO COMPLY WITH THE STATUTES OF THE COMMONWEALTH OF PENNSYLVANIA AND THE REGULATIONS REQUIRING SAFER WORKING CONDITIONS FOR ALL MUNICIPAL EMPLOYEES AND FULL BENEFITS, ALL IN AN EFFORT TO REDUCE CLAIMS, REDUCE PREMIUMS, AND PROVIDE THE SAFEST WORK ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $725,978 Revenue: $1,510,916

THE PROGRAM ADMINISTERED BY MRM HAS RETURNED TO ITS MEMBER GOVERNMENTS OVER $6.9 MILLION IN DIVIDENDS. THIS HAS RESULTED IN SIGNIFICANTLY LOWER NET COSTS FOR WORKER'S COMPENSATION AND PROPERTY AND...

THE PROGRAM ADMINISTERED BY MRM HAS RETURNED TO ITS MEMBER GOVERNMENTS OVER $6.9 MILLION IN DIVIDENDS. THIS HAS RESULTED IN SIGNIFICANTLY LOWER NET COSTS FOR WORKER'S COMPENSATION AND PROPERTY AND LIABILITY INSURANCES FOR THESE GOVERNMENTS AND THEIR TAXPAYERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,510,916

Investment Income $144,653

Other Revenue $0

TOTAL REVENUE $1,655,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,031,899

Fundraising Expenses $0

Program Expenses $725,978

Other Expenses $405,397

TOTAL EXPENSES $1,437,296

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,655,569	$1,679,719	0.0%
Expenses	$1,437,296	$1,317,397	+0.1%
Net Income	$218,273	$362,322	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$167,960

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL ATKINSON	TRUSTEE	0.50	Director	$0	$0	$0
BILL POSTON	TRUSTEE	0.50	Director	$0	$0	$0
GEORGE CONROY	TRUSTEE	0.50	Director	$0	$0	$0
JIM BOYLE	TRUSTEE	0.50	Director	$0	$0	$0
KATHLEEN N DEPUY	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEN HILLMAN	TRUSTEE	0.50	Director	$0	$0	$0
M KIMBERLY STEELE-REILLY	TREASURER	1.00	Officer Director	$0	$0	$0
MARK DEVLIN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
REGE SYNAN	TRUSTEE	0.50	Director	$0	$0	$0
JACK CASEY	TRUSTEE	0.50	Director	$0	$0	$0
CHRISTINE CALIGUIRI	CAO/TRUST ADMINISTRATOR	40.00	Officer	$160,563	$7,397	$167,960
MEGHAN GRAHAM	DIRECTOR OF PROGRAMS	40.00	Highest	$120,966	$0	$120,966

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,655,569	$1,437,296	$3,333,359	$218,273
2024	$1,679,719	$1,317,397	$2,844,302	$362,322
2023	$1,635,524	$1,462,605	$2,134,705	$172,919
2022	$1,889,170	$1,504,763	$1,866,015	$384,407
2021	$1,637,529	$1,580,898	$1,946,477	$56,631
2020	$1,884,454	$1,580,526	$1,741,055	$303,928
2019	$1,582,944	$1,545,319	$1,210,256	$37,625
2018	$1,536,559	$1,653,675	$1,168,098	$-117,116