Puget Sound Chapter of the Risk Management Association
Public records raise at least one point you should look into before giving.
What it says it does
TO SERVE PROFESSIONAL MEMBER FINANCIAL INSTITUTIONS WHO REQUIRE A COMPREHENSIVE UNDERSTANDING OF CREDIT RISK IDENTIFICATION AND MANAGEMENT.
- Income
- $73,730
- Spending
- $57,376
Source: Form 990EZ for the year ending August 31, 2025, 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 990EZ for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending August 31, 2025, 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 (4)
- $56,584 spent. HOLD MONTHLY GENERAL MEETINGS TO FOCUS ON BANKERS INTERACTING AND SHARING EXPERENCES. SPEAKERS ASSIST IN THE DEVELOPMENT AND EXCHANGE OF IDEAS AND EXPERIENCES ON CREDIT RISK PRINCIPLES AND PRACTICES. MEMBERS ESTABLISH CHANNELS OF COMMUNICATION, STUDY MUTUAL PROGRAMS, AND SEEK PRACTICAL SOLUTIONS TO PROBLEMS. APPROXIMATELY 50-75 PEOPLE ATTEND ON A REGULAR BASIS.
- CHAPTER CLASSES, ROUND TABLES AND LENDING ACADEMIES ARE HELD TO EXCHANGE IDEAS AND EXPERIENCES ON CREDIT RISK PRINCIPLES, PRACTICES AND CURRENT TRENDS. APPROXIMATELY 20-40 PEOPLE ATTEND ON A REGULAR BASIS. THESE SESSIONS ASSIST IN THE DEVELOPMENT OF COMPETENT CREDIT RISK PERSONNEL THROUGH TRAINING MATERIALS AND CIRCULATION OF THE RMA JOURNAL. AMOUNTS INCLUDED ABOVE.
- NATIONAL AND CHAPTER EDUCATION COURSES ARE PRESENTED TO TRAIN AND INSTRUCT BANKERS ON CREDIT RISK RESEARCH AND IMPROVE CREDIT AND LOAN KNOWLEDGE. THESE COURSES ALSO PROVIDE CONTINUING EDUCATION CREDITS TO ATTENDEES. THE COURSES HELP TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF CREDIT ETHICS IN BANKS AND IN THE BUSINESS COMMUNITY IN ACCORDANCE WITH THE ASSOCIATION GOALS. AMOUNTS INCLUDED ABOVE.
- $792 spent. THE YOUNG PROFESSIONALS GROUP IS DESIGNED TO OFFER YOUNG BANKERS WITH LESS THAN 10 YEARS BANKING EXPERIENCE EDUCATIONAL EVENTS ON A MONTHLY BASIS. MEETINGS FOCUS ON INTERACTION AND SHARED EXPERIENCES WITH PROFESSIONAL SPEAKERS PRESENTING CREDIT RISK PRINCIPLES AND PRACTICES. WOMEN IN BANKING EVENTS OFFER CREDIT RISK BANKERS AN EDUCATIONAL PERSPECTIVE FROM A PROFESSIONAL WOMEN BANKER'S KNOWLEDGE AND EXPERIENCES IN THE CREDIT RISK ARENA OF THE BANKING INDUSTRY. THIS IS AN ANNUAL EVENT HELD WITH OVER 125 ATTENDEES. AMOUNTS INCLUDED ABOVE.
Source: Form 990EZ for the year ending August 31, 2025, 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 September 7, 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 September 30, 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 September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.