Committee of Chief Risk Officers Inc
Public records raise at least one point you should look into before giving.
What it says it does
TO STRENGTHEN RISK MANAGEMENT AND DISCLOSURE PRACTICES IN THE PHYSICAL AND FINANCIAL TRADING AND MARKETING OF ELECTRICITY AND NATURAL GAS IN THE UNITED STATES.
- Income
- $560,055
- Spending
- $554,314
- Employees
- 1
- Highest pay
- $281,686, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $221,725 spent. WORKING GROUP INITIATIVES 1) ENTERPRISE RISK MANAGEMENT PRACTICESDeveloped and produced eight webinar sessions hosted by a member company. Allowed member companies to share best practices for the practical implementation of ERM in an energy company.2) RETAIL ENERGY PROVIDER RISK MANAGEMENTLaunched an initiative to develop recommended risk management practices for providers of energy at the retail level. Objective for the group is to publish a comprehensive and definitive whitepaper for this segment of the industry as a guideline for companies and public utility commissions alike.3) RISK METRICS AND BEST PRACTICESLaunched an initiative to develop a list of most recommended Key Risk Indicators for any type of energy company. These indicators provide energy companies with critical information related to potential changes in risks they face on the horizon. 4) INDUSTRY-WIDE SURVEY OF RISK MANAGEMENT PRACTICESDeveloped questions and structure for an industry-wide survey of all company internal practices related to the risk management function. This comprehensive survey is open to non-members and is designed to provide the energy industry with otherwise unavailable information about current industry practices. A critical source for companies to benchmark their own practices and support change initiatives for improvement.
- $177,380 spent. GENERAL MEMBER MEETINGS During the year, three General Meetings were held for members and invited guests. Each was a two-day meeting covering current working group initiative progress and work plans, as well as a one-day symposium on special topics related to risk management. Symposiums were on: IT security and the CRO; Enterprise Risk Management practices; and credit risk mitigation instruments.
- $44,345 spent. ADMITTED AS MEMBER OF CFTC MARKET RISK ADVISORY COMMITTEECommissioner Bowen invited CCRO Executive Director to represent CCRO member companies on this special panel of the Commodity Futures Trading Commission. This volunteer panel is to advise the CFTC commissioners on matters relating to risk management and commodity exchanges as well as energy regulations regarding commodity markets.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.