Member Funds

Among the notable components of NIRMA’s financial stability and success is the Member Fund Balance, or the equity members have in the program.

NIRMA started in 1988 with nothing in the bank.  But through prudent risk management and the careful investment of what monies were available, the equity began to grow.  Today that equity totals approximately $29.8 million.  This is our members collective share!

The following will give you an idea of how the program’s surplus has grown over the years.  This has been accomplished even as the amount of dividends issued by NIRMA has grown during the same time.

Member Funds
as of December 31

 
DateAmount
1991 $2,457,837
1992$3,722,365
1993$4,884,480
1994$6,916,222
1995$8,428,737
1996$12,020,550
1997$13,099,030
1998$14,716,950
1999$14,727,650
2000$14,081,320
2001$14,860,020
2002$14,889,757
2003$13,174,687
2004$14,304,173
2005$17,834,714
2006$18,128,575
2007$21,247,182
2008$22,472,660
2009$20,294,250
2010$19,625,929
2011$19,045,688
2012$21,327,662
2013$23,699,528
2014$24,960,887
2015$29,868,259