Receivables Management Association International Inc

EIN: 954698424

Sacramento, CA

Total Revenue
$3,996,746
Total Expenses
$3,667,269
Total Assets
$6,706,280
Net Assets
$4,616,566
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DE
Principal Officer
Mike Becker
Phone
9164822462
Tax Period
2024-01-01 to 2024-12-31

Receivables Management Association International Inc, founded in 1998, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $3.7M left a modest 8% surplus.

Mission

RMAI promotes the essential role of the receivables management industry in the credit ecosystem. RMAI ensures a viable credit ecosystem by setting receivables management industry standards, being the authoritative voice in advocacy, championing professional and ethical business practices, and providing unrivaled business networking opportunities.

Program Service Accomplishments

Program 1

Conference and meetings - held an Annual Conference and Executive Summit. Tie-in meetings promote discussions, networking and education on the receivables management industry.

Program 2

Legislative & Regulatory Activities - Worked closely with DC based lobbying firm to education US lawmakers and regulators on the role that debt buyers play in the US and international economies...

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Legislative & Regulatory Activities - Worked closely with DC based lobbying firm to education US lawmakers and regulators on the role that debt buyers play in the US and international economies. Managed member and leadership meetings in DC.State Legislative Activities- worked with various state legislators and regulators on issues that affect the receivables management industry. Retained state lobbyists as needed.

Program 3

Receivables Management Certification Program: The Receivables Management Certification Program adopts a national standard for the receivables management industry to help ensure that those who are...

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Receivables Management Certification Program: The Receivables Management Certification Program adopts a national standard for the receivables management industry to help ensure that those who are certified are aware of and are complying with state and federal statutory requirements, responding to consumer complaints and inquiries, and are following industry standards of best practices.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $557,046
Program Service Revenue $3,232,776
Investment Income $206,924
Other Revenue $0
TOTAL REVENUE $3,996,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,400,077
Fundraising Expenses $0
Other Expenses $2,267,192
TOTAL EXPENSES $3,667,269

Year-over-Year Comparison

2024 2023 Change
Revenue $3,996,746 $3,698,000 +0.1%
Expenses $3,667,269 $3,447,006 +0.1%
Net Income $329,477 $250,994 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
12
Volunteers
80

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
8
$485,229
Total Directors
12
$0
Key Employees
1
$232,383
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anne Thomas President and Past President 5.00
Officer Director
$0 $0 $0
Brett Soldevila President Elect and President 5.00
Officer Director
$0 $0 $0
Jon Mazzoli Secretary and President Elect 5.00
Officer Director
$0 $0 $0
Brian Williams Treasurer 5.00
Officer Director
$0 $0 $0
Amber Russo Director and Secretary 5.00
Officer Director
$0 $0 $0
Adam Parks Past President 5.00
Officer Director
$0 $0 $0
Andrew Roskam Director 2.00
Director
$0 $0 $0
Kelly Knepper-Stephens Director 2.00
Director
$0 $0 $0
Joe Barbito Director 2.00
Director
$0 $0 $0
Todd Gurstel Director 2.00
Director
$0 $0 $0
Laura Jensen Director 2.00
Director
$0 $0 $0
Mellisa Massey Director 2.00
Director
$0 $0 $0
Michael Becker Executive Director 40.00
Officer
$180,178 $29,197 $209,375
Jan Preisig Stieger Executive Director (ret.) 40.00
Officer
$265,959 $9,895 $275,854
David Reid General Counsel 40.00
Key Emp
$221,793 $10,590 $232,383
Shannon Parod Director of Certification & Admin 40.00
Highest
$104,150 $6,338 $110,488
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 $3,996,746 $3,667,269 $6,706,280 $329,477
2023 $3,698,000 $3,447,006 $6,377,710 $250,994
2022 $3,693,552 $2,808,266 $5,533,721 $885,286
2021 $2,628,228 $2,365,105 $4,681,976 $263,123
2020 $2,500,308 $2,238,580 $3,501,312 $261,728
2019 $2,615,712 $2,523,751 $3,725,327 $91,961
2018 $2,336,682 $2,226,143 $3,303,409 $110,539
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