Overview
What is Chicagomidwest Chapter Of The Turnaround Management Association?
The Chicagomidwest Chapter of the Turnaround Management Association is a nonprofit organization situated in Frankfort, Illinois. Their primary focus is to foster a professional community of individuals engaged in turnaround and corporate renewal, sharing a common goal of boosting the economy by restoring corporate value. They accomplish this by organizing events that allow members and guests to network and gain new insights into the turnaround industry. Their mission also encompasses promoting high standards and facilitating the exchange of information within this specialized field.
Official website here: www.chicago.turnaround
Is Chicagomidwest Chapter Of The Turnaround Management Association legitimate?
Chicagomidwest Chapter Of The Turnaround Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chicagomidwest Chapter Of The Turnaround Management 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.
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Official website here: www.chicago.turnaround
What is the mission statement of Chicagomidwest Chapter Of The Turnaround Management Association?
The Chicagomidwest Chapter of the Turnaround Management Association promotes a professional community of turnaround and corporate renewal specialists. Their shared interest is in strengthening the economy by restoring corporate value. The association is dedicated to promoting high practice standards and fostering the exchange of information within this community. Their activities include hosting events that allow members and guests to network and gain new insights into the turnaround industry. Overall, their mission is to contribute to the improvement of business practices and the economic well-being through the restoration of corporate value and the promotion of best practices in the turnaround industry.
Official website here: www.chicago.turnaround
What is the revenue of Chicagomidwest Chapter Of The Turnaround Management Association?
Chicagomidwest Chapter Of The Turnaround Management Association's revenue in 2023 was $1,149,356.
Official website here: www.chicago.turnaround
Who are the executives of Chicagomidwest Chapter Of The Turnaround Management Association and what are their salaries?
There 60 volunteers at Chicagomidwest Chapter Of The Turnaround Management Association.
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Official website here: www.chicago.turnaround
Where can I find the form 990 for Chicagomidwest Chapter Of The Turnaround Management Association?
Chicagomidwest Chapter Of The Turnaround Management Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicago.turnaround
Learn more at the official website: www.chicago.turnaround
Mission Statement of Chicagomidwest Chapter Of The Turnaround Management Association
The Chicagomidwest Chapter of the Turnaround Management Association is committed to fostering the professional development of its members and upholding high standards within the turnaround and corporate renewal sector. This organization serves as a community of professionals who share a common interest in strengthening the economy by restoring corporate value. Dedicated to promoting high practice standards and exchanging information, the Chicagomidwest Chapter provides a platform for its members and event guests to network and gain new insights into the turnaround industry. Through various events, the association aims to engage its members in constructive discussions and knowledge-sharing, thereby contributing to the advancement of the turnaround management field.
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Impact
October, 2024
The Chicagomidwest Chapter of the Turnaround Management Association significantly impacts the turnaround and corporate renewal industry by fostering a professional community dedicated to strengthening the economy through the restoration of corporate value. By organizing events that promote networking and knowledge exchange, the chapter enhances professional development among its members, ensuring they stay informed about industry trends and best practices.
Through its commitment to high standards and ethical practice, the association helps elevate the profession, encouraging members to adopt innovative approaches to challenges in the turnaround space. This collaborative environment not only supports individual member growth but also contributes to the overall health and resilience of the corporate landscape in the Midwest and beyond. In doing so, the chapter plays a vital role in community improvement, as the successful turnaround of companies leads to job preservation and economic stability.
This information is meant to be a general summary of Chicagomidwest Chapter Of The Turnaround Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,436
- Program Service Revenue: $1,089,430
- Gross Receipts: $1,149,356
Assets and Liabilities:
- Total Assets: $1,100,240
- Total Liabilities: $340,219
- Net Assets: $760,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING REVENUE
Revenue
$666,480
SPONSORSHIP REVENUE
Revenue
$422,950
Organization Details
Founding Year
1992
Principal Officer
Sandy Prabhakar
Website
www.chicago.turnaroundNTEE Category
Code: S41 - Community improvement
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