Overview
What is Turnaround Management Association?
The Turnaround Management Association is a nonprofit organization, whose specific location or the number of employees haven't been provided. Their primary focus is on turning around underperforming or distressed companies, with the mission to contribute to the success of businesses, industries, and communities. Although the detailed activities or services provided by the organization aren't mentioned, it's clear that they aim to support companies in need of transformation and improvement.
Official website here: www.turnaround.org/carolinas
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 990EZ, 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.
Official website here: www.turnaround.org/carolinas
What is the mission statement of Turnaround Management Association?
The Turnaround Management Association, in its mission, strives to foster and promote turnaround management, restructuring, and distressed company recovery. It aims to advance best practices and professional development within the field through education, advocacy, and networking opportunities. The association serves as a platform for connecting professionals, providing resources, and sharing knowledge to help businesses in crisis. Furthermore, it offers various programs and services, including publications, conferences, and certifications, to empower its members with the necessary skills to successfully navigate challenging corporate situations.
Official website here: www.turnaround.org/carolinas
Who is the CEO of Turnaround Management Association?
Margaret Westbrook is the President of Turnaround Management Association.
Official website here: www.turnaround.org/carolinas
What is the revenue of Turnaround Management Association?
Turnaround Management Association's revenue in 2022 was $85,798.
Official website here: www.turnaround.org/carolinas
Who are the executives of Turnaround Management Association and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.turnaround.org/carolinas
Where can I find the form 990EZ for Turnaround Management Association?
Turnaround Management Association's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.turnaround.org/carolinas
Learn more at the official website: www.turnaround.org/carolinas
Mission Statement of Turnaround Management Association
The Turnaround Management Association, as referred to in the provided information, does not appear to have a specific mission or activity description provided. Therefore, I am unable to summarize or paraphrase its mission at this time. I apologize for any inconvenience this may cause.
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Impact
October, 2024
The Turnaround Management Association (TMA) has a significant impact on improving business performance and driving economic recovery. By providing a platform for professionals in turnaround management, TMA facilitates knowledge sharing, networking, and education tailored to addressing complex financial and operational challenges that organizations face.
Through its initiatives, TMA promotes best practices in corporate restructuring and turnaround strategies, helping distressed companies navigate crises and emerge stronger. The association fosters collaboration among its members, which includes professionals from various fields such as finance, law, and consulting, thereby enhancing their ability to deliver effective solutions.
In communities like Charlotte, North Carolina, TMA's efforts are vital to preserving jobs, maintaining business continuity, and contributing to local economic stability. The association not only empowers individuals and organizations involved in turnaround efforts but also plays a crucial role in overall community improvement through its focus on fostering resilient business environments.
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $47,574
- Gross Receipts: $85,798
Assets and Liabilities:
- Total Assets: $97,169
- Total Liabilities: $2,648
- Net Assets: $94,521
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Organization Details
Phone
(704) 733-9791Principal Officer
Margaret Westbrook
Main Address
6936 Huntfield Dr, Charlotte, NC, 28270
Website
www.turnaround.org/carolinasNTEE Category
Code: S41 - Community improvement
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