Overview
What is The Management Association Of Illinois?
The Management Association of Illinois, often referred to as HR Source, is a nonprofit organization situated in Downers Grove, Illinois. With a staff of 48 individuals, it serves as a trusted resource for people management expertise, aiming to enhance the performance of the organizations it caters to. As part of their annual dues, members have access to a free hotline service providing answers to human resources-related questions. The association offers various member services, including training, education, HR support, and other related resources. Their mission is to improve organizational performance through their expertise, thereby benefiting their member base.
Official website here: www.hrsource.org
Is The Management Association Of Illinois legitimate?
The Management Association Of Illinois is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Management Association Of Illinois 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: $936,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,906,808
For more financial information, click here
Official website here: www.hrsource.org
What is the mission statement of The Management Association Of Illinois?
The Management Association of Illinois serves as a reliable resource for people management expertise, aiming to enhance the performance of the organizations it serves. It offers its members various services such as training, education, HR support, and other related resources. The association maintains a "hotline" service, providing free answers to questions related to the human resources area, as part of its annual dues payment. In essence, its mission is to support organizations by providing them with the necessary tools and resources for effective people management.
Official website here: www.hrsource.org
Who is the CEO of The Management Association Of Illinois?
Mary Lynn Fayoumi is the CEO of The Management Association Of Illinois The CEO's salary of The Management Association Of Illinois is $364,582 and their total compensation is $423,764.
Official website here: www.hrsource.org
What is the revenue of The Management Association Of Illinois?
The Management Association Of Illinois's revenue in 2024 was $4,754,015.
Official website here: www.hrsource.org
Who are the executives of The Management Association Of Illinois and what are their salaries?
The average compensation at The Management Association Of Illinois during 2024 was $61,811. There are 46 employees at The Management Association Of Illinois.
Here are 21 key members and their salaries (The Management Association Of Illinois's CEO's salary is $364,582 and their total compensation is $423,764):
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- Compensation: $364,582
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- Other: $59,182
- Compensation: $148,567
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- Other: $30,178
- Compensation: $176,509
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- Other: $14,565
- Compensation: $87,188
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- Other: $32,702
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- Compensation: $139,340
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- Other: $30,486
- Compensation: $128,043
- Related: $0
- Other: $19,873
- Compensation: $116,836
- Related: $0
- Other: $34,777
- Compensation: $123,463
- Related: $0
- Other: $36,703
- Compensation: $147,917
- Related: $0
- Other: $29,451
Official website here: www.hrsource.org
Where can I find the form 990 for The Management Association Of Illinois?
The Management Association Of Illinois's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hrsource.org
Learn more at the official website: www.hrsource.org
Mission Statement of The Management Association Of Illinois
The Management Association of Illinois serves as a reliable authority in the realm of people management, aiming to enhance the performance of the organizations it assists. To achieve this objective, the organization offers a range of member services, including training, education, and human resources support. By providing these resources, The Management Association of Illinois aims to empower the organizations it serves and help them thrive.
In addition to these services, The Management Association of Illinois offers a valuable resource to its members: a hotline service. This service allows members to seek answers to questions related to the human resources area, providing them with essential guidance at no additional cost, as it is included in their annual dues payment. This hotline service demonstrates The Management Association of Illinois' commitment to supporting its members and providing them with the tools they need to succeed in the complex world of human resources management.
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Impact
October, 2024
The Management Association of Illinois significantly enhances organizational performance through a suite of specialized services aimed at improving people management practices. By providing access to comprehensive training, education, and human resources support, the organization empowers its members to tackle complex workplace challenges effectively.
One of its standout offerings is the "hotline" service, which delivers timely and relevant answers to HR-related inquiries. This resource ensures that organizations can navigate compliance issues and implement best practices with confidence, thus fostering a more productive work environment. Through its commitment to developing management expertise, the Management Association of Illinois plays a pivotal role in driving community improvement and supporting the growth and sustainability of local businesses.
This information is meant to be a general summary of The Management Association Of Illinois. 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 2024.
- Investment Income: $179,714
- Program Service Revenue: $4,200,792
- Gross Receipts: $4,754,015
Assets and Liabilities:
- Total Assets: $5,783,118
- Total Liabilities: $2,417,392
- Net Assets: $3,365,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,600,704
SURVEYS AND MEMBER RESOURCES
Revenue
$1,273,562
TRAINING SERVICES
Revenue
$738,998
CONSULTING SERVICES
Revenue
$587,528
Organization Details
Founding Year
1977
Principal Officer
Mary Lynn Fayoumi
Website
www.hrsource.orgNTEE Category
Code: S41 - Community improvement
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