Overview
What is Strategic Management Society Inc?
Strategic Management Society Inc, based in Chicago, Illinois, is a nonprofit organization comprising over 3,000 members from various countries. Their primary focus lies in the realm of strategic management research and education. The Society organizes two to four conferences annually, serving as a platform for academic scholars, business professionals, and consultants to collaborate and exchange ideas. With a dedicated team of eight individuals, they promote the exchange of strategic management insights worldwide, fostering a global network of professionals committed to this field.
Official website here: www.strategicmanagement.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Strategic Management Society Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is primarily based on their strong performance in the Accountability & Finance category, which scored 82%. The organization is noted for having a fully independent board and thorough financial oversight, which positively contributes to its governance practices.
In terms of organizational strengths, the Society demonstrates a commitment to transparency with well-documented policies, including a conflict of interest policy and whistleblower protections. Additionally, there are no material diversions of assets reported, and the organization maintains a favorable liabilities-to-assets ratio, reflecting its financial stability.
However, while the program expense ratio is respectable, it could improve since it currently stands at 58.63%, which is relatively low compared to some peer organizations. The salary of the Executive Director is significant at $273,000, which may raise questions regarding executive compensation relative to programmatic spending. Overall, while the organization shows strong governance and financial practices, stakeholders might seek more clarity on program expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Strategic Management Society Inc legitimate?
Strategic Management Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strategic Management Society Inc 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: $259,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,165
For more financial information, click here
Official website here: www.strategicmanagement.net
What is the mission statement of Strategic Management Society Inc?
The Strategic Management Society Inc., a global not-for-profit organization, is committed to the advancement and dissemination of knowledge related to strategic management. This society, comprising over 3,000 academics, practitioners, and consultants from over 80 countries, focuses on fostering collaboration and exchange around the world. Their primary mission is to contribute to the development and understanding of the strategic management process.
Official website here: www.strategicmanagement.net
Who is the CEO of Strategic Management Society Inc?
Barbara Grobicki is the President of Strategic Management Society Inc.
Official website here: www.strategicmanagement.net
What is the revenue of Strategic Management Society Inc?
Strategic Management Society Inc's revenue in 2022 was $2,747,459.
Official website here: www.strategicmanagement.net
Who are the executives of Strategic Management Society Inc and what are their salaries?
The average compensation at Strategic Management Society Inc during 2022 was $78,645. There are 8 employees and 1750 volunteers at Strategic Management Society Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $248,895
- Related: $0
- Other: $11,098
Official website here: www.strategicmanagement.net
Where can I find the form 990 for Strategic Management Society Inc?
Strategic Management Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.strategicmanagement.net
Learn more at the official website: www.strategicmanagement.net
Mission Statement of Strategic Management Society Inc
The Strategic Management Society Inc, a not-for-profit organization, is committed to fostering a global community of over 3,000 academics, business practitioners, and consultants from over 80 countries. This diverse group shares a dedication to the exploration and dissemination of insights on the strategic management process. The Society's mission is twofold: firstly, it focuses on promoting research in the field of strategic management, and secondly, it aims to facilitate international exchange and collaborations among its members. By doing so, the Strategic Management Society Inc seeks to contribute to the development and advancement of strategic management theories and practices on a global scale.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Strategic Management Society Inc plays a pivotal role in advancing the field of strategic management through its commitment to research and education. By organizing two to four conferences annually, the Society creates a platform for collaboration among over 3,000 members, including academics, business practitioners, and consultants from more than 80 countries. These gatherings foster the exchange of ideas and best practices, enriching the knowledge base of participants and promoting innovative approaches to strategic management.
The Society's mission to develop and disseminate insights on strategic management processes has significant implications for both academia and practical business applications. The diverse perspectives at these conferences enhance understanding of strategic management's complexities, ultimately influencing organizational effectiveness and competitiveness globally. Through its efforts, the Strategic Management Society Inc not only nurtures a community of professionals dedicated to strategic excellence but also contributes to shaping the future of the discipline itself.
This information is meant to be a general summary of Strategic Management Society Inc. 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 2022.
- Investment Income: $270,979
- Program Service Revenue: $2,288,643
- Gross Receipts: $2,999,830
Assets and Liabilities:
- Total Assets: $8,360,713
- Total Liabilities: $0
- Net Assets: $8,360,713
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$1,238,558
JOURNALS
Revenue
$549,100
MEMBERSHIP DUES
Revenue
$468,353
Organization Details
Founding Year
1983
Phone
(312) 492-6224Principal Officer
Barbara Grobicki
Main Address
134 N LASALLE STREET 1005, CHICAGO, IL, 60602
Website
www.strategicmanagement.netNTEE Category
Code: B95Z - Education
If you are a representative of Strategic Management Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.