GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC
111 Town Square Place 14th F, Jersey City, NJ 07310 www.garp.com

Total Revenue
$42,641,858
Total Expenses
$34,734,678
Net Assets
$32,986,611

Organizations Filed Purposes: THE GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP) IS A NOT-FOR-PROFIT ORGANIZATION AND THE ONLY GLOBALLY RECOGNIZED MEMBERSHIP ASSOCIATION FOR RISK MANAGERS. GARP'S GOAL IS TO HELP CREATE A CULTURE OF RISK AWARENESS WITHIN ORGANIZATIONS, FROM ENTRY LEVEL TO BOARD LEVEL. IN THE AREAS OF FINANCIAL AND ENERGY RISK MANAGEMENT, GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL DESIGNATION WITH THE FRM (FINANCIAL RISK MANAGER) AND ERP (ENERGY RISK PROFESSIONAL) CERTIFICATIONS. THROUGH OUR EDUCATIONAL PROGRAMS, SPECIALIZED CONTENT, IN-PERSON OR ONLINE EVENTS, AND CHAPTER PROGRAM, GARP PROMOTES BEST PRACTICES IN RISK MANAGEMENT AND SUPPORTS ONGOING PROFESSIONAL AND CAREER DEVELOPMENT FOR RISK MANAGERS.

GARP'S MISSION IS TO ADVANCE THE RISK PROFESSION THROUGH EDUCATION, AND THE PROMOTION OF BEST PRACTICES GLOBALLY.

PROFESSIONAL CERTIFICATION & EDUCATIONAL PROGRAMS CERTIFICATION: GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL CERTIFICATION WITH THE FRM (FINANCIAL RISK MANAGER) AND ERP (ENERGY RISK PROFESSIONAL) CERTIFICATIONS. IT OFFERS THESE EXAMS ANNUALLY. THESE PROGRAMS ARE RIGOROUS AND VERY WELL RESPECTED ACROSS THE GLOBE. BY DEMONSTRATING EXPERTISE AND COMMITMENT TO BETTER RISK MANAGEMENT PRACTICES, CERTIFIED FRMS AND ERPS STAND APART IN THEIR RESPECTIVE ORGANIZATIONS. EDUCATION AND AWARENESS: EVERYONE HAS AN IMPORTANT ROLE TO PLAY IN SUPPORTING A ROBUST RISK CULTURE. WHETHER IT IS EDUCATING AN ENTERPRISE, OR EDUCATING FINANCIAL PROFESSIONALS ACROSS AN ENTIRE COUNTRY, GARP PARTNERS WITH FIRMS AND CENTRAL BANKS TO DELIVER FOUNDATIONAL AND ADVANCED RISK AWARENESS PROGRAMS. THROUGH THESE PROGRAMS WE HAVE ENABLED TENS OF THOUSANDS OF FINANCE PROFESSIONALS GLOBALLY TO PROMOTE A RISK-AWARE CULTURE.

BENCHMARKING INITIATIVE AND RISK INTELLIGENCE GARP BENCHMARKING INITIATIVE (GBI): IN THIS TIME OF INCREASING ECONOMIC GLOBALIZATION AND MARKET INTERCONNECTEDNESS, THE CAUSES OF AND APPROACHES TO DEALING WITH GLOBAL SYSTEMIC RISK ISSUES ARE OF IMMENSE IMPORTANCE. BANKS AS WELL AS THEIR REGULATORS ARE IN NEED OF WAYS TO APPROPRIATELY DEVELOP, IMPLEMENT AND ANALYZE STUDIES TO TEST AND BENCHMARK BANK RISK SYSTEMS AND APPROACHES. GBI IS PLAYING A MAJOR AND GLOBALLY UNIQUE ROLE IN ANALYZING THE PROCESSES RELATED TO HYPOTHETICAL PORTFOLIO EXERCISES, QUANTITATIVE IMPACT STUDIES, AND OTHER MUCH NEEDED BENCHMARKING ACTIVITIES. RISK INTELLIGENCE: KEEPING UP WITH THE EVER-EVOLVING RISK LANDSCAPE IS CHALLENGING, BUT ESSENTIAL FOR RISK PROFESSIONALS AND THE INDUSTRY TO COLLECTIVELY SAFEGUARD THE WORLD'S FINANCIAL MARKETS. GARP DELIVERS CRITICAL RISK INTELLIGENCE: INDUSTRY SURVEYS, SPECIAL REPORTS, NEWS, ANALYSIS, WHITEPAPERS, WEBINARS AND MORE, TO ENSURE THAT THE COMMUNITY HAS THE VERY LATEST INTELLIGENCE TO DRIVE INFORMED DECISION MAKING.

ANNUAL CONFERENCE: THE ORGANIZATION OFFERS AN ANNUAL CONFERENCE IN ADDITION TO OCCASIONAL SEMINARS AND OTHER EVENT PROGRAMS, OFFERS DISCOUNTS ON GARP AND OTHER THIRD PARTY PUBLICATIONS, A MEMBERSHIP PROGRAM, AND OFFERS ACCESS TO A CAREER CENTER TO POST RESUMES AND SEARCH FOR JOB OPPORTUNITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard ApostolikPRESIDENT & CEO60$1,825,486
Christopher J DonohueMANAGING DIRECTOR50$927,775
Priscella CervantesCFO40$535,169
William Henry MaySVP, Global Head of Research40$429,288
Craig V CollinsSVP Bus. Dev. (THRU 9/18)40$387,349
Michael William SellHead of Business Development40$349,910
Eric AdamsSVP LEGAL COUNSEL40$286,405
Mark CareyCO PRESIDENT GRI40$269,448
Lily PanMANAGING DIRECTOR40$240,965
Michael B NielsenCOO (THRU 4/18)40$216,137
Rene StulzTRUSTEE1$100,000
Geoffrey GreenerTRUSTEE1$0
Andrew GrayTRUSTEE1$0
Cecilia ReyesTRUSTEE1$0
Frank RonceyTRUSTEE1$0
Alan SmithTRUSTEE1$0
Lewis O'DonaldTRUSTEE1$0
Ben GolubTRUSTEE1$0
Peter TufanoTRUSTEE1$0
Jacob RosengartenTRUSTEE1$0
Michelle MccarthyTRUSTEE1$0
William MartinTRUSTEE1$0
Jonathan SteinTRUSTEE1$0
Jacques LongerstaeyTRUSTEE1$0
Andrew KuritzkesTRUSTEE1$0
Bradford HuTRUSTEE1$0
Victor NgTRUSTEE1$0
Stuart LewisTRUSTEE1$0
Laura Dottori-AttanasioTRUSTEE (THRU 2/18)1$0
Kenneth AbbottTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201913199349307191_public.xml