Chicagomidwest Chapter Of The Turnaround Management Association

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

EIN: 363998240 ✦ Frankfort, IL ✦ Designated as a 501(c)(6)

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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.org

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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chicago.turnaround.org

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.org

Who is the CEO of Chicagomidwest Chapter Of The Turnaround Management Association?

Larry Fox is the Secretary of Chicagomidwest Chapter Of The Turnaround Management Association.


Official website here: www.chicago.turnaround.org

What is the revenue of Chicagomidwest Chapter Of The Turnaround Management Association?

Chicagomidwest Chapter Of The Turnaround Management Association's revenue in 2022 was $1,100,551.


Official website here: www.chicago.turnaround.org

Who are the executives of Chicagomidwest Chapter Of The Turnaround Management Association and what are their salaries?

There 20 volunteers at Chicagomidwest Chapter Of The Turnaround Management Association.


Here are 20 key members and their salaries:


Michael Boyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Heldke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hyland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Uelk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Ayres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Melickian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Gistenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Edelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Hammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Trankina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kat Parker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack O'Connor (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Hughes (Vice President-Communicati)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Boerema (Vice President-Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Levy (Vice President-Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Prabhakar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brandess (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chicago.turnaround.org

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 2022 and can be accessed here.


Official website here: www.chicago.turnaround.org

Learn more at the official website: www.chicago.turnaround.org

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.

Revenue
$1,100,551 (2022)
Expenses
$1,185,002 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,765
  • Program Service Revenue: $1,035,346
  • Gross Receipts: $1,100,551

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.

VARIOUS PROGRAMS

Revenue

$929,911

REGIONAL CONFERENCE

Revenue

$105,435

Organization Details

Founding Year

1992

Principal Officer

Larry Fox

Main Address

20960 S FRANKFORT SQUARE RD B, FRANKFORT, IL, 60423

NTEE Category

Code: S41 - Community improvement

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