Connecticut Turnaround Management Assoc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061497196 ✦ Wallingford, CT ✦ Designated as a 501(c)(6)

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Overview

What is Connecticut Turnaround Management Assoc?

Connecticut Turnaround Management Assoc is a nonprofit organization that offers pro-bono services to the State of Connecticut's Department of Economic Community Development. Their primary mission is to foster the growth and development of turnaround professionals through professional training and education. This organization contributes to the state's economic well-being by providing their expertise in managing and revitalizing struggling businesses or organizations.


Official website here: www.cttma.org

Is Connecticut Turnaround Management Assoc legitimate?

Connecticut Turnaround Management Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Connecticut Turnaround Management Assoc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.cttma.org

What is the mission statement of Connecticut Turnaround Management Assoc?

The Connecticut Turnaround Management Association serves a mission to offer pro-bono services to the State of Connecticut's Department of Economic Community Development. Their primary objective is to foster the growth and enhancement of turnaround professionals through professional development and training. By providing their expertise, they aim to contribute positively to the state's economic community.


Official website here: www.cttma.org

Who is the CEO of Connecticut Turnaround Management Assoc?

Doug Skalka is the Vice President of Connecticut Turnaround Management Assoc.


Official website here: www.cttma.org

What is the revenue of Connecticut Turnaround Management Assoc?

Connecticut Turnaround Management Assoc's revenue in 2022 was $128,761.


Official website here: www.cttma.org

Who are the executives of Connecticut Turnaround Management Assoc and what are their salaries?


Here are 5 key members and their salaries:


William Mcandrew (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Mazzalupo (Vp/Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mika (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Skalka (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Karl (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cttma.org

Where can I find the form 990EZ for Connecticut Turnaround Management Assoc?

Connecticut Turnaround Management Assoc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cttma.org

Learn more at the official website: www.cttma.org

Mission Statement of Connecticut Turnaround Management Assoc

Connecticut Turnaround Management Associates, as an organization, is committed to providing pro-bono services to the State of Connecticut's Department of Economic Community Development. Their primary mission is to foster the growth and development of turnaround professionals. This involves promoting educational and training opportunities within this field, aiming to enhance the skills and expertise of individuals capable of managing organizations in crisis. By partnering with the State of Connecticut's Department of Economic Community Development, Connecticut Turnaround Management Associates plays a significant role in supporting the state's economic development initiatives.

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Impact




October, 2024

The Connecticut Turnaround Management Association significantly contributes to the economic landscape of the state by offering pro-bono services to the Connecticut Department of Economic Community Development. By focusing on professional development and training for turnaround professionals, the organization enhances the skills and capabilities of individuals tasked with revitalizing struggling businesses and communities. This commitment not only fosters growth and stability in various sectors but also promotes community improvement across the state. Through its initiatives, the organization helps to create a more resilient local economy, ultimately benefiting residents and businesses alike.




This information is meant to be a general summary of Connecticut Turnaround Management Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$128,761 (2022)
Expenses
$125,948 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35
  • Program Service Revenue: $121,551
  • Gross Receipts: $128,761

Assets and Liabilities:

  • Total Assets: $230,214
  • Total Liabilities: $70,291
  • Net Assets: $159,923

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Organization Details

Principal Officer

Doug Skalka

Main Address

PO Box 1846, Wallingford, CT, 06492

NTEE Category

Code: S43 - Community improvement

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