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RIMS

1/22/2010

January 22, 2010
Table of Contents

1-RIMS Joins Haiti Relief Effort

2-Get more involved in your Chapter

3-Chapter Table Reservations at RIMS 2010

4-Protect Your Tax-Exempt Status

5-Chapter Leadership Training Workshop

6-RIMS 60th Anniversary

7-RIMS CourseCast

8-RIMS 2010 Podcast Series

9-PERK Partner Highlight

10-Blast Emails

 

 

 

RIMS Joins Haiti Relief Effort
The RIMS Board of Directors has approved a $10,000 donation to the American Red Cross. The donation will support emergency relief and recovery efforts to help those people affected by the earthquake in Haiti.

If you are interested in donating to this important cause, please take a look at these tips for safe and efficient donations to Haiti from the New York Times.

Get more involved in your Chapter and Think Forward, Think Risk.
Start recruiting new Corporate, Associate and Additional Deputy members today, and share the rewards! New members will enjoy all the value of RIMS membership, while your Chapter will receive a Visa gift card for each new member you recruit.

RIMS is the source for Learning, Resources and Connections. Now is the time to share these benefits. Keep your risk colleagues at the forefront of raising the industry standard!

Find information on how to participate at www.RIMS.org/MGM!
*New members must indicate you as their referral in the Member-Get-A-Member (MGM) program on their application form.

Chapter Table Reservations at RIMS 2010 Annual Conference & Exhibition – Deadline Approaching!
Make sure your Chapter's presence is known at the RIMS 2010 Annual Conference & Exhibition in Boston, MA. Again this year, RIMS is offering Chapters the opportunity to reserve tables, by advanced request only, for these key events on Monday, April 26 at the Boston Convention Center, Grand Ballroom:

8:00 am-10:00 am: 
2010 OPENING SESSION AND KEYNOTE ADDRESS

12:15 pm-1:30 pm:
CHAPTER AWARDS PRESENTATION AND KEYNOTE SPEAKER LUNCHEON

RIMS is pleased to offer this special benefit to Chapters, but we ask that you please be considerate of other RIMS members by requesting a table only if you are confident you can fill the seats you're requesting. RIMS will fill all vacant seats 20 minutes prior to the start of the sessions. Don't have 10 chapter members attending? You can always share a table with another chapter - just send us your request for half a table and we will take care of the rest.

Please send your Chapter table requests to
ChapterServices@RIMS.org by Tuesday January 26, 2009. 

Protect Your tax-Exempt Status:

(This information was extracted from IRS.gov.)  The new Form 990 series returns are effective for 2009 tax years (returns filed beginning in 2010).  To allow organizations time to adjust to the new forms, the IRS has phased in the new returns during a three-year transition period with 2010 serving as the last transition year.  An organization’s annual filing requirement depends on its financial activity.  The charts below indicate the general exempt organization filing requirements during the transition period.

  2008 Tax Year
(Filed in 2009 or 2010)

 Form to File

 Gross receipts normally ≤ $25,000

  990-N

 Gross receipts  > $25,000 and < $ 1 million, and Total assets < $2.5 million

  990-EZ
or 990

 Gross receipts ≥ $1 million, or
 Total assets ≥ $2.5 million

 990

 2009 Tax Year
(Filed in 2010 or 2011)

  Form to
File

  Gross receipts normally ≤ $25,000

 990-N

 Gross receipts > $25,000 and < $500,000, and
 Total assets < $1.25 million

  990-EZ
or 990 

 Gross receipts ≥ $500,000, or
 Total assets ≥ $1.25 million

 990

Remember, filing the 990-N, also known as the e-Postcard, is free and easy. To file, small tax-exempt organizations will need only a few basic pieces of information:  the organization’s employer identification number, its tax year, legal name and mailing address, any other names used, an Internet address if one exists, the name and address of a principal officer (make sure to list the name and address on your chapter’s bank statements) and a statement confirming the organization's annual gross receipts are normally $25,000 or less.

For more information please visit:
www.irs.gov/charities/article/0,,id=169250,00.html or www.irs.gov/charities/article/0,,id=184445,00.html.

Chapter Leadership Training Workshop:
Registration is now open for the RIMS Chapter Officers Forum being held at the 2010 Annual Conference & Exhibition in Boston from 9:00am-5:00pm on Saturday, April 24, 2010.

RIMS Chapter Officers Forum is a full day workshop structured with a combination of “birds of a feather” (roundtables of Treasurers, Presidents, Webmasters, etc.) and full group discussions. RIMS Chapter officers with two or more years of leadership experience are encouraged to participate!

Make sure you select this workshop when registering for the RIMS Annual Conference & Exhibition.  There is no cost to attend this session but it is open ONLY to current chapter officers.  To register, visit www.RIMS.org/RIMS2010.

Want to register for the Forum but you’re not attending the 2010 RIMS Annual Conference & Exhibition? Register today by emailing ChapterServices@RIMS.org.

RIMS 60th Anniversary
RIMS is in the process of setting up a portion of the website to celebrate our 60th Anniversary.  Do you have photos you’d like to share (remember to include info about the photo)? Reminiscences or brief stories you’d like to let your colleagues know about?

This is an anniversary celebration for all of us, so please send your contributions to 60years@RIMS.org.

RIMS CourseCast - Casualty Claim Handling Techniques: Agency Law

February 4 | 1:00 PM - 2:30 PM EST
RIMS Members $150 | Non-members $275

This new CourseCast covers the basics of agency law and analyses specific issues such as how tort law is applied in agency cases, liability imposed by bailments and vicarious liability.

Various scenarios will be presented to participants to illustrate the concepts introduced.  The presentation incorporates a pre-course participant handout, PowerPoint presentation, polling, and a dedicated Q&A session.  

For more information and to register today, go to www.RIMS.org/Education.

Listen to the RIMS 2010 Annual Conference & Exhibition Podcast Series
Preview the sessions at RIMS 2010 Annual Conference & Exhibition with this podcasts series! These recordings are approximately 5-7 minutes each and provide quick and helpful insights and practical, easy to implement ideas on various topics and issues important to risk managers. This is just a sample of the expertise and information that will be shared at RIMS 2010 in Boston.

Podcasts include:

  • 50 Tips on Business Insurance Coverage That Every Risk Professional Needs to Know (LEG201)
  • Senior Executive Forum (INS400)
  • Security Vulnerabilities: Leaving the Back Door Open (RMG205)
  • Gotcha! Top Ten Litigation Traps for Risk Professionals (CLM202)

Listen to them now at www.rims.org/RIMS2010podcasts.

PERK Partner Highlight – Dempsey Partners
Dempsey Partners, LLC is one of the newest additions to RIMS PERK 2010 Program. Dempsey Partners supports the global risk management community with forensic accounting and claim-related services that help protect a company's bottom line.  Make sure to check out Dempsey Partners’ PERK session by visiting www.RIMS.org/PERK and submit your PERK request to PERK@RIMS.org.  

Dempsey Partners PERK Session: Crime Pays: Recovering Employee Dishonesty Claims
An organized crime investigator and a forensic accountant discuss strategies to maximize recovery of employee dishonesty claims, including tips for a productive investigation, coverage and legal pitfalls to be avoided; properly documenting liability and damages and working with law enforcement and negotiating a successful settlement with your bond carrier.

Blast Emails
When your Chapter is sending a blast email to your members via the RIMS Email Manager system, please consider NOT including attachments, as the size of those tends to compromise the efficient distribution of these communications.  If you have an attachment, it would work better if you post the attachment on your chapter website and provide the URL to that information in the body of the blast email.  This will ensure that your email goes through effectively AND drives traffic to your website – a win-win! If you have questions about this, please contact ChapterServices@rims.org.

This information bulletin is distributed bi-weekly in an effort to reduce the amount of separate emails our Chapter officers receive from RIMS.  It highlights Chapter/member-related information including new benefits to Chapters, changes at RIMS and upcoming events.  Please review this email when you receive it to remain on the cutting-edge of what's relevant for chapters from RIMS.  Visit the archived versions of the Chapter Officer Bulletin archive at: www.RIMS.org/ChapterOfficerWeeklyUpdate.  We would also be glad to include relevant information from your Chapter (announcements, meetings, brief success stories). Please send your submissions to ChapterServices@RIMS.org.

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