The Technology And Manufacturing Association

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

EIN: 361804560 ✦ Schaumburg, IL ✦ Designated as a 501(c)(6)

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Overview

What is The Technology And Manufacturing Association?

The Technology and Manufacturing Association (TMA) is a nonprofit organization based in Schaumburg, Illinois. With a focus on the precision manufacturing and supplier industry within the Greater Chicago area, TMA provides a platform for its member companies to network, exchange ideas, and advocate for their interests. TMA offers various educational opportunities and administers workforce and 401K services, including human relations consulting, comprehensive labor law audit services, unemployment insurance administration, and internet job portal services specifically targeted for the manufacturing industry. TMA's activities are primarily funded through membership dues, educational courses, and events, with a total staff of 48 individuals committed to supporting the manufacturing industry.


Official website here: www.tmaillinois.org

Is The Technology And Manufacturing Association legitimate?

The Technology And Manufacturing Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Technology And Manufacturing Association 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: $641,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,561

For more financial information, click here


Official website here: www.tmaillinois.org

What is the mission statement of The Technology And Manufacturing Association?

The Technology and Manufacturing Association (TMA) serves as a nonprofit organization, primarily catering to precision manufacturing and supplier companies in the greater Chicago area. Its primary mission is to support the manufacturing industry by providing educational opportunities, advocating, and promoting the interests of its member companies. TMA acts as a forum for the exchange of ideas and information within the industry, fostering a collaborative environment. Its activities are primarily funded through membership dues, educational courses, and various events.


Official website here: www.tmaillinois.org

Who is the CEO of The Technology And Manufacturing Association?

Patrick Osborne is the Chairman of The Technology And Manufacturing Association.


Official website here: www.tmaillinois.org

What is the revenue of The Technology And Manufacturing Association?

The Technology And Manufacturing Association's revenue in 2022 was $2,574,462.


Official website here: www.tmaillinois.org

Who are the executives of The Technology And Manufacturing Association and what are their salaries?

The average compensation at The Technology And Manufacturing Association during 2022 was $17,078. There are 48 employees at The Technology And Manufacturing Association.


Here are 16 key members and their salaries:


Tom Simeone (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Wolter (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Zoberis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Barnett (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Bettinardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Dreisilker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Magliano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Clifford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Kaiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Althea Mottl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Sundberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick J Osborne (President)
  • Compensation: $158,487
  • Related: $0
  • Other: $47,948
Jessica Pierce (Bsi President)
  • Compensation: $135,220
  • Related: $0
  • Other: $35,113
Dennis Lacomb (Executive Vice President)
  • Compensation: $135,197
  • Related: $0
  • Other: $22,636
Jacques Krikorian (Senior Director Of Training And Education)
  • Compensation: $113,779
  • Related: $0
  • Other: $27,932


Official website here: www.tmaillinois.org

Where can I find the form 990 for The Technology And Manufacturing Association?

The Technology And Manufacturing Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tmaillinois.org

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

Mission Statement of The Technology And Manufacturing Association

The Technology and Manufacturing Association (TMA) is a nonprofit organization that plays a significant role in the precision manufacturing and supplier industry within the Greater Chicago area. Its primary mission is to support this sector by offering educational opportunities, advocating for, and promoting the interests of its member companies. TMA serves as a platform where ideas and information can be exchanged, fostering a collaborative environment within the manufacturing industry. The association's activities are primarily funded through membership dues, educational courses, and various events. In essence, TMA aims to empower and strengthen the manufacturing industry in the Chicago area by providing valuable educational resources and advocating for its members' interests.

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Impact




October, 2024

The Technology and Manufacturing Association (TMA) significantly impacts the manufacturing industry in the greater Chicago area through a range of key activities. By providing educational opportunities, TMA equips member companies with the knowledge necessary to thrive in a competitive landscape. The organization actively represents and promotes the interests of its members, ensuring that their voices are heard in industry discussions and policy-making.

Additionally, TMA offers vital workforce and administrative services tailored for the manufacturing sector, including human relations consulting, comprehensive labor law audits, unemployment insurance administration, and internet job portal services. These resources support companies in navigating complex labor regulations and streamlining their operations.

As a forum for the exchange of ideas and information, TMA fosters collaboration among precision manufacturing and supplier companies. This community-oriented approach not only enhances member capabilities but also contributes to the collective improvement of the manufacturing landscape in the region. Overall, TMA plays a crucial role in advancing the interests and success of its member organizations within the industry.




This information is meant to be a general summary of The Technology And Manufacturing Association. 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
$2,574,462 (2022)
Expenses
$2,709,278 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$59,670
  • Program Service Revenue: $2,385,462
  • Gross Receipts: $2,809,000

Assets and Liabilities:

  • Total Assets: $3,500,911
  • Total Liabilities: $1,058,127
  • Net Assets: $2,442,784

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,299,706

EDUCATION

Revenue

$703,563

MEETING AND EVENTS

Revenue

$223,617

MEMBER SERVICES

Revenue

$119,857

ADVERTISING

Revenue

$10,517

Organization Details

Founding Year

1948

Principal Officer

Patrick Osborne

Main Address

1651 WILKENING ROAD, SCHAUMBURG, IL, 60173

NTEE Category

Code: S41 - Community improvement

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