Mra Institute Of Management Inc

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

EIN: 391472622 ✦ Waukesha, WI ✦ Designated as a 501(c)(3)

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Overview

What is Mra Institute Of Management Inc?

Mra Institute of Management Inc, situated in Waukesha, Wisconsin, serves as a nonprofit organization committed to empowering employees and the public through various educational means. The institute conducts seminars, meetings, and training events, covering topics ranging from employer-employee relations to community and business development. By providing research, communication, and other resources, Mra Institute of Management Inc aims to assist leaders in businesses achieve their objectives. In 2022, the institute held 425 training events, teaching 9,064 participants, and offered additional on-site training to member companies, serving 16,980 participants. Moreover, the institute conducts roundtables throughout the year to help businesses manage their employer-employee relationships more effectively.


Official website here: www.mranet.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**

Mra Institute Of Management Inc has earned an 81% score based on its Accountability & Finance, translating to a Three-Star rating on Charity Navigator. The score reflects the organization’s financial health and transparency but is somewhat limited by the small number of independent board members, which may affect accountability. Overall, the group demonstrates strong financial practices, including a significant program expense ratio of 76.70%, indicating a commitment to its mission.

The nonprofit’s financial oversight practices are commendable, featuring a robust audit and oversight framework. While the organization has clear policies in place regarding conflicts of interest and whistleblower protections, the lack of a substantial independent board presence raises some concerns regarding governance. Nevertheless, the organization has shown no material diversions of assets, underscoring a responsible financial stewardship.

User reviews from GreatNonprofits are currently unavailable for this organization, limiting insights from the community perspective. As such, further feedback from beneficiaries or volunteers would be beneficial to fully understand the nonprofit's impact and public perception.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mra Institute Of Management Inc?

100% of 25 reviewers on Facebook recommend MRA Institute of Management Inc. Here's a summary of their insights:

The overall sentiment reflects a strong appreciation for the organization, with many highlighting the intelligence and resourcefulness of the team. Reviewers express a sense of gratitude for being part of such a talented group, suggesting a positive and collaborative work environment.

Overall, the consistent praise indicates that MRA Institute of Management Inc. effectively delivers on its commitment to fostering a supportive and enriching atmosphere for its members.


This AI summary has been generated from reviews found on Facebook.

Is Mra Institute Of Management Inc legitimate?

Mra Institute Of Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mra Institute Of Management 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mranet.org

What is the mission statement of Mra Institute Of Management Inc?

The Mra Institute of Management Inc is dedicated to educating both employees and the public through various means, including seminars, institutes, meetings, research, communication, and other methods. Its primary focus is on areas and matters related to employer-employee relations, legislation, wages, hours, and working conditions, community and business development, and relations between business and government. The institute's mission is to provide educational materials and training to help supervisors, managers, and business leaders achieve their organizational goals and objectives. In addition to conducting numerous training events, the institute also offers onsite training for its member companies and holds roundtables to help management effectively manage the employer-employee aspect of their businesses.


Official website here: www.mranet.org

Who is the CEO of Mra Institute Of Management Inc?

Susan Fronk is the Chairperson of Mra Institute Of Management Inc. The CEO's salary of Mra Institute Of Management Inc is $0 and their total compensation is $465,884.


Official website here: www.mranet.org

What is the revenue of Mra Institute Of Management Inc?

Mra Institute Of Management Inc's revenue in 2022 was $7,878,708.


Official website here: www.mranet.org

Who are the executives of Mra Institute Of Management Inc and what are their salaries?

There 1 volunteer at Mra Institute Of Management Inc.


Here are 3 key members and their salaries (Mra Institute Of Management Inc's CEO's salary is $0 and their total compensation is $465,884):


Dave Rolston (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Fronk (President And Ceo)
  • Compensation: $0
  • Related: $421,262
  • Other: $44,622
Katie Walker (Vp, Learning & Development)
  • Compensation: $0
  • Related: $133,343
  • Other: $7,548


Official website here: www.mranet.org

Where can I find the form 990 for Mra Institute Of Management Inc?

Mra Institute Of Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mranet.org

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

Mission Statement of Mra Institute Of Management Inc

Mra Institute of Management Inc, an educational organization, is dedicated to enlightening both employees and the public on various aspects related to employer-employee relations and business development. Through seminars, institutes, meetings, research, communication, and other means, the institution aims to equip individuals with the necessary knowledge and skills. Their mission is to provide educational materials and training, helping supervisors, managers, and other business leaders achieve their organizational objectives. By doing so, Mra Institute of Management Inc plays a significant role in shaping positive relationships between businesses, communities, and governments.

In more concrete terms, Mra Institute of Management Inc offers training programs in various areas, including management and leadership development, customer relations and sales, and quality manufacturing and teams. During 2022, the institute conducted 425 training events, educating 9,064 participants. Additionally, they provided onsite training for member companies, training an additional 16,980 participants. Roundtables are also held throughout the year to enable management to effectively manage the employer-employee aspect of their businesses. In 2022, Mra Institute of Management Inc organized 16 conference events with approximately 2,162 participants. These initiatives demonstrate the institute's commitment to educating and empowering business leaders, fostering positive employer-employee relationships and contributing to overall business success.

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Impact




July, 2024

MRA Institute of Management Inc's impact can be seen in its dedication to educating employees and the public in various critical areas affecting employer-employee relations, legislation, working conditions, community and business development, and more. In 2022 alone, the institute conducted a significant number of training events and reached thousands of participants, both through onsite training for member companies and broader conference events.

Through its training programs in management and leadership development, customer relations and sales, and quality manufacturing and teams, MRA Institute of Management plays a crucial role in equipping supervisors, managers, and other leaders with the skills and knowledge necessary to achieve their business goals. The institute's roundtable discussions also provide a platform for effective management of employer-employee dynamics, further enhancing its impact on businesses and individuals in the community.




This information is meant to be a general summary of Mra Institute Of Management 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.

Revenue
$7,878,708 (2022)
Expenses
$6,303,727 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,667
  • Program Service Revenue: $6,449,303
  • Gross Receipts: $7,878,708

Assets and Liabilities:

  • Total Assets: $12,466,280
  • Total Liabilities: $4,803,690
  • Net Assets: $7,662,590

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Programs

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

TRAINING COURSES

Revenue

$5,761,028

CONFERENCES

Revenue

$379,452

ROUNDTABLES

Revenue

$308,823

Organization Details

Founding Year

1983

Principal Officer

Susan Fronk

Main Address

N19W24350 RIVERWOOD DR, WAUKESHA, WI, 531881120

NTEE Category

Code: B60 - Education

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