WEATHER RISK MANAGEMENT ASSOCIATION

EIN: 522181249 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$272,874
Total Expenses
$344,645
Total Assets
$127,373
Net Assets
$114,373
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DC
Principal Officer
MARCEL-STEFFEN REIF
Phone
2022893800
Tax Period
2024-01-01 to 2024-12-31

WEATHER RISK MANAGEMENT ASSOCIATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $273K in total revenue in fiscal year 2024. Expenses of $345K exceeded revenue, resulting in a 26% operating deficit.

Mission

To promote & advance the industry of weather risk management; to educate all members & keep the industry strong & viable; to provide a forum where members & others may meet & discuss opportunities, topics & issues within the industry; & to promote the understanding of sound business practices & support the common interest of the membership.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $272,874
Investment Income $0
Other Revenue $0
TOTAL REVENUE $272,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $344,645
TOTAL EXPENSES $344,645

Year-over-Year Comparison

2024 2023 Change
Revenue $272,874 $260,742 +0.0%
Expenses $344,645 $215,437 +0.6%
Net Income $-71,771 $45,305 -2.6%
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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCEL-STEFFEN REIF President 14.00
Officer Director
$0 $0 $0
DAVID WHITEHEAD PAST PRESIDENT 14.00
Officer Director
$0 $0 $0
NICK ERNST Vice President 6.00
Officer Director
$0 $0 $0
MALVERN CHIRUME SEC/TREAS 8.00
Officer Director
$0 $0 $0
CLAIRE WILKINSON Director 10.00
Director
$0 $0 $0
TANGUY TOUFFUT Director 8.00
Director
$0 $0 $0
WILLIAM WINDLE Director 8.00
Director
$0 $0 $0
RALPH RENNER Director 6.00
Director
$0 $0 $0
MARK RUEEGG Director 4.00
Director
$0 $0 $0
LARS VAN LEEUWEN Director 4.00
Director
$0 $0 $0
MARIANGELA CAPO Director 4.00
Director
$0 $0 $0
HEATHER PANDICH Director 4.00
Director
$0 $0 $0
PAUL HOGGATT Director 4.00
Director
$0 $0 $0
ISA ENNADIFI Director 4.00
Director
$0 $0 $0
LAURIE KRUEGER Executive Dir. 12.00
Officer
$0 $0 $0
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
2024 $272,874 $344,645 $127,373 $-71,771
2023 $260,742 $215,437 $238,823 $45,305
2020 $107,693 $127,528 $203,798 $-19,835
2019 $126,091 $173,033 $247,715 $-46,942
2018 $230,616 $228,853 $283,103 $1,763
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WEATHER RISK MANAGEMENT ASSOCIATION with other nonprofits in Minnesota and across the country.