Turnaround Management Association

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

EIN: 561596880 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Turnaround Management Association?

The Turnaround Management Association is an international nonprofit organization, based in Chicago, Illinois, with a focus on corporate renewal and turnaround management. They actively promote this industry through various platforms, including public forums, traditional communication pieces, and web-based offerings. Their mission is to provide educational and networking opportunities, fostering an exchange of ideas and knowledge among professionals in this field. This is achieved through their periodical, 'Journal of Corporate Renewal,' and other publications and newsletters, which help establish the turnaround industry's overall presence in the corporate marketplace. The association, currently employing 21 individuals, plays a significant role in advancing the turnaround management sector.


Official website here: www.turnaround.org

Is Turnaround Management Association legitimate?

Turnaround Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. 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: $584,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.turnaround.org

What is the mission statement of Turnaround Management Association?

The Turnaround Management Association serves as an international trade association, focusing on corporate renewal and turnaround management. Its mission is to offer educational opportunities and networking forums, enabling professionals to exchange information, ideas, and knowledge related to this industry. The association promotes the turnaround industry through various platforms, including public forums, traditional communication pieces, and web-based offerings. Additionally, it provides educational and networking opportunities through its periodical, the Journal of Corporate Renewal, and other publications and newsletters, thereby enhancing the industry's visibility in the corporate marketplace.


Official website here: www.turnaround.org

Who is the CEO of Turnaround Management Association?

Scott Stuart is the President of Turnaround Management Association. The CEO's salary of Turnaround Management Association is $382,366 and their total compensation is $413,716.


Official website here: www.turnaround.org

What is the revenue of Turnaround Management Association?

Turnaround Management Association's revenue in 2022 was $4,837,813.


Official website here: www.turnaround.org

Who are the executives of Turnaround Management Association and what are their salaries?

The average compensation at Turnaround Management Association during 2022 was $27,852. There are 21 employees and 100 volunteers at Turnaround Management Association.


Here are 28 key members and their salaries (Turnaround Management Association's CEO's salary is $382,366 and their total compensation is $413,716):


Jane W Mitnick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew English (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Meek (Immediate Past Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan P Reimche (Corporate Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pankaj S Amin (Chair - Chapter Presidents Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Emerson (Chair - Chapter Resource & Response Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Patrick (Vice Chair - Chapter Presidents' Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian F Gleason (Vice President - Certification)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Figuieredo (Vice President - Chapter Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Barton (Vice President - Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael L Smiley (Vice President - Conferences)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott F Gautier (Vice President - Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Wilen (Vice President - Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vlad Nastase (Vice President - International Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josef W Mintz (Vice President - Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Henrich (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dj Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer M Meyerowitz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Aboulafia (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric D Goldberg (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Gupta (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Stuart (Chief Executive Officer)
  • Compensation: $382,366
  • Related: $0
  • Other: $31,350
Thomas P Jurczak (Senior Director, Finance)
  • Compensation: $150,060
  • Related: $0
  • Other: $4,628
Laura Caputo (Chief Of Staff)
  • Compensation: $118,705
  • Related: $0
  • Other: $17,492
Stacey Williams (Director Of Education)
  • Compensation: $128,763
  • Related: $0
  • Other: $14,461
Jodi Talley (Director Of Marketing)
  • Compensation: $132,801
  • Related: $0
  • Other: $26,986
Eddy Mcneil (Journal Editor)
  • Compensation: $116,922
  • Related: $0
  • Other: $19,396
Michael Donovan (Director Of Membership)
  • Compensation: $116,563
  • Related: $0
  • Other: $15,036


Official website here: www.turnaround.org

Where can I find the form 990 for Turnaround Management Association?

Turnaround Management Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.turnaround.org

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

Mission Statement of Turnaround Management Association

The Turnaround Management Association, an international trade association, is committed to corporate renewal and turnaround management. Its mission is to facilitate educational opportunities and networking forums, encouraging the exchange of information, ideas, and knowledge related to this specific industry. The association strives to promote the various aspects of the turnaround industry through public forums, traditional communication pieces, and web-based offerings. By doing so, it aims to highlight the many businesses that make up this industry, ultimately increasing its visibility in the corporate marketplace. Furthermore, the Turnaround Management Association provides educational and networking opportunities through its periodical, the Journal of Corporate Renewal, and other publications and newsletters. These vehicles serve as a means of showcasing the industry and its associated businesses, thereby strengthening the industry's overall branding.

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Impact




October, 2024

The Turnaround Management Association (TMA) has a significant impact on the corporate landscape by fostering corporate renewal and turnaround management. Through public forums, publications, and web-based resources, TMA promotes the diverse facets of the turnaround industry, enhancing its visibility and credibility in the marketplace.

The organization plays a crucial role in providing educational opportunities and networking forums that facilitate the exchange of information, ideas, and best practices among professionals in the field. By publishing the Journal of Corporate Renewal and other materials, TMA helps to disseminate knowledge and insights, thereby strengthening the community of professionals dedicated to corporate recovery.

Additionally, TMA's branding efforts enhance the overall recognition of the turnaround industry, benefiting various businesses within this sector. This proactive engagement creates a supportive environment that encourages innovation, collaboration, and a shared commitment to improving corporate performance. Ultimately, the association's influence extends beyond its members, contributing to broader economic stability and growth through effective turnaround strategies.




This information is meant to be a general summary of 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
$4,837,813 (2022)
Expenses
$5,061,690 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $190,702
  • Program Service Revenue: $4,618,410
  • Gross Receipts: $4,872,158

Assets and Liabilities:

  • Total Assets: $6,652,132
  • Total Liabilities: $2,534,675
  • Net Assets: $4,117,457

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Programs

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

CONFERENCE FEES

Revenue

$2,426,795

MEMBERSHIP DUES

Revenue

$1,774,033

JOURNAL & ADVERTISING

Revenue

$196,921

CERTIFICATION

Revenue

$188,995

EDUCATION

Revenue

$31,666

Organization Details

Founding Year

1988

Principal Officer

Scott Stuart

Main Address

150 N WACKER DR 1900, CHICAGO, IL, 60606

NTEE Category

Code: S41 - Community improvement

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