Overview
What is Institute For Supply Management?
The Institute For Supply Management, a Tempe, Arizona-based nonprofit, is affiliated with Arizona State University's W.P. Carey School of Business. Their mission, as expressed by CAPS Research, is to empower supply management professionals with valuable insights and connections. This organization publishes in-depth studies, including benchmarking reports, critical issues, and research publications. They also host various events such as executive roundtables, critical issue exchanges, and research pipeline events. The Institute For Supply Management aims to enhance the practice of supply management, driving value and competitive advantage for businesses and contributing to a prosperous, sustainable world. The organization has a staff of approximately 62 employees.
Official website here: www.ismworld.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 84%, Three-Star out of Four Star rating.
The Institute for Supply Management has achieved a solid Three-Star rating, reflecting its strong performance in accountability and finance. The organization boasts 92% independent board members and a comprehensive approach to governance, with policies in place for conflict of interest, whistleblowing, and document retention. Additionally, the absence of material diversion of assets and a favorable liabilities to assets ratio further enhance its credibility.
However, the program expense ratio stands at 60.60%, indicating that there may be room for improvement in how funds are allocated towards their programs. Although the organization has demonstrated effective oversight and transparency, stakeholders may wish to see a higher percentage of expenditures directed towards programmatic efforts. Overall, the Institute for Supply Management shows a commitment to responsible management and accountability, while also facing some challenges in maximizing program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Supply Management legitimate?
Institute For Supply Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Supply Management submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,658,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,300,773
For more financial information, click here
Official website here: www.ismworld.org
What is the mission statement of Institute For Supply Management?
The Institute For Supply Management (ISM) strives to advance the practice of supply management, contributing to a prosperous and sustainable world. Through their research arm, CAPS, they empower supply management professionals with valuable insights, strong connections, and clear vision. CAPS conducts various studies, including benchmarking reports and research publications, to provide profound discovery and powerful connections for industry professionals. Additionally, ISM hosts events such as executive roundtables, critical issue exchanges, and research pipeline events to bring professionals together and foster clear foresight.
Official website here: www.ismworld.org
Who is the CEO of Institute For Supply Management?
Thomas Derry is the CEO of Institute For Supply Management The CEO's salary of Institute For Supply Management is $478,540 and their total compensation is $535,870.
Official website here: www.ismworld.org
What is the revenue of Institute For Supply Management?
Institute For Supply Management's revenue in 2023 was $15,504,584.
Official website here: www.ismworld.org
Who are the executives of Institute For Supply Management and what are their salaries?
The average compensation at Institute For Supply Management during 2023 was $110,472. There are 63 employees and 402 volunteers at Institute For Supply Management.
Here are 22 key members and their salaries (Institute For Supply Management's CEO's salary is $478,540 and their total compensation is $535,870):
- Compensation: $478,540
- Related: $0
- Other: $57,330
- Compensation: $297,682
- Related: $0
- Other: $44,182
- Compensation: $278,586
- Related: $0
- Other: $41,610
- Compensation: $261,837
- Related: $0
- Other: $36,852
- Compensation: $150,626
- Related: $0
- Other: $28,187
- Compensation: $152,548
- Related: $0
- Other: $25,856
- Compensation: $150,079
- Related: $0
- Other: $22,069
- Compensation: $144,319
- Related: $0
- Other: $25,066
- Compensation: $142,282
- Related: $0
- Other: $26,177
- Compensation: $137,397
- Related: $0
- Other: $24,964
- Compensation: $0
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- Other: $0
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Official website here: www.ismworld.org
Where can I find the form 990 for Institute For Supply Management?
Institute For Supply Management's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ismworld.org
Learn more at the official website: www.ismworld.org
Mission Statement of Institute For Supply Management
The Institute For Supply Management (ISM) is dedicated to enhancing the practice of supply management and contributing to a prosperous, sustainable world. By empowering professionals in this field with profound discoveries, powerful connections, and clear foresight, ISM drives value and competitive advantage.
At the heart of ISM's efforts is CAPS Research, an affiliate of Arizona State University's W.P. Carey School of Business. This research division focuses on equipping supply management professionals with valuable insights through specific studies, such as benchmarking reports, critical issues, and research publications. In addition to these resources, CAPS Research organizes various events throughout the year, including domestic and international executive roundtables, critical issue exchanges, and research pipeline events. These platforms facilitate connections and foster a deeper understanding of industry trends and challenges.
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Impact
October, 2024
The Institute for Supply Management (ISM) significantly influences the field of supply management by promoting best practices and advancing the profession to deliver value and competitive advantage for organizations. Through its CAPS Research initiative, affiliated with Arizona State University's W.P. Carey School of Business, ISM empowers supply management professionals with vital insights, robust connections, and foresight that aid in decision-making.
ISM produces essential benchmarking reports and critical issue studies that provide practitioners with the data needed to navigate complex supply chain challenges. Furthermore, ISM facilitates executive roundtables and research pipeline events, fostering collaboration and the exchange of innovative ideas among industry leaders. By focusing on education and continuous learning, ISM contributes to building a prosperous and sustainable economic environment, ensuring that supply management plays a pivotal role in global competitiveness.
This information is meant to be a general summary of Institute For Supply Management. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $217,660
- Program Service Revenue: $11,700,594
- Gross Receipts: $17,080,150
Assets and Liabilities:
- Total Assets: $18,286,198
- Total Liabilities: $4,350,877
- Net Assets: $13,935,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$2,356,814
Conferences & Sponsorships
Revenue
$3,184,931
Training
Revenue
$1,912,115
Certification Fees & Exams
Revenue
$1,791,683
CAPS Research & Bequest
Revenue
$1,603,033
Organization Details
Founding Year
1915
Phone
(480) 752-6276Principal Officer
Thomas Derry
Main Address
309 W Elliot Road Ste 113, Tempe, AZ, 85284
Website
www.ismworld.orgNTEE Category
Code: B120 - Education
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