Marketing & Advertising Global Network

Magnet Inc

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

EIN: 870416929 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(6)

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Overview

What is Marketing & Advertising Global Network?

Marketing & Advertising Global Network, identified as MAGNET Inc, is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary mission is to elevate the standard of advertising agency services by fostering collaborative discussions and sharing knowledge among members. MAGNET Inc aims to enlighten the general public about novel marketing trends and innovations. The organization is committed to enhancing its members' expertise in advertising through the exchange of new ideas, methods, and procedures. With a modest workforce of two individuals, MAGNET Inc hosts events, such as summits, to educate its members about the evolving client mindset, operational effectiveness, and industry advancements.


Official website here: www.magnetglobal.org

Is Marketing & Advertising Global Network legitimate?

Marketing & Advertising Global Network is a legitimate nonprofit organization registered as a 501(c)(6) entity. Marketing & Advertising Global Network 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: $224,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.magnetglobal.org

What is the mission statement of Marketing & Advertising Global Network?

The Marketing & Advertising Global Network's main goal is to elevate the quality of advertising agency services by fostering collaborative discussions and exchanging innovative ideas among its members. The network's mission, as stated by MAGNET, is to empower its independent members to enhance their advertising expertise through interactive knowledge sharing. This is achieved by disseminating new ideas, methods, and procedures in the advertising field, thereby improving the overall practice of the trade. The organization also hosts events, such as summits, to educate its members about evolving client mindsets, operational effectiveness, and industry innovations.


Official website here: www.magnetglobal.org

Who is the CEO of Marketing & Advertising Global Network?

Scott Foreman is the Director Of Operations of Marketing & Advertising Global Network. The CEO's salary of Marketing & Advertising Global Network is $151,034 and their total compensation is $151,034.


Official website here: www.magnetglobal.org

What is the revenue of Marketing & Advertising Global Network?

Marketing & Advertising Global Network's revenue in 2022 was $413,819.


Official website here: www.magnetglobal.org

Who are the executives of Marketing & Advertising Global Network and what are their salaries?

The average compensation at Marketing & Advertising Global Network during 2022 was $112,164. There are 2 employees at Marketing & Advertising Global Network.


Here are 14 key members and their salaries (Marketing & Advertising Global Network's CEO's salary is $151,034 and their total compensation is $151,034):


Melissa King (Director Of Operations)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Chris Schermer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bram Van Damme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mccurry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Federico Soto Roland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Ries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Okun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Littlefield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Perlstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Lentz (Ceo)
  • Compensation: $151,034
  • Related: $0
  • Other: $0
Rob Heiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Foreman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.magnetglobal.org

Where can I find the form 990 for Marketing & Advertising Global Network?

Marketing & Advertising Global Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.magnetglobal.org

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

Mission Statement of Marketing & Advertising Global Network

Marketing & Advertising Global Network, or MAGNET, aims to elevate the quality of advertising agency services by fostering collaborative discussions and knowledge sharing among its members. This organization believes in the power of mutual exchanges of ideas and information to enhance the expertise of its independent members. MAGNET's mission is to serve as a platform for its members to learn from one another, adopt new methods, and stay updated with the latest trends in advertising, thereby improving their trade practices. The organization strives to educate its members about evolving client mindsets, operational effectiveness, and industry innovations, thereby empowering them to deliver superior advertising services.

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Impact




October, 2024

Marketing & Advertising Global Network plays a pivotal role in enhancing the standards of advertising agency services by fostering cooperative discussions and facilitating the exchange of innovative ideas among its members. By educating its members on the evolving client mindset, operational effectiveness, and industry innovation, MAGNET empowers independent advertising experts to refine their practices. The organization's commitment to disseminating new concepts and methodologies enhances the overall landscape of marketing and advertising, ultimately leading to improved services for clients and a better-informed public regarding new marketing strategies. Through its initiatives, MAGNET significantly contributes to community improvement and elevates the quality of advertising practices in the industry.




This information is meant to be a general summary of Marketing & Advertising Global Network. 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
$413,819 (2022)
Expenses
$299,436 (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
  • Gross Receipts: $413,819

Assets and Liabilities:

  • Total Assets: $725,592
  • Total Liabilities: $448,106
  • Net Assets: $277,486

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Organization Details

Founding Year

2000

Principal Officer

Scott Foreman

Main Address

226 ROSTREVOR PLACE, PITTSBURGH, PA, 15202

NTEE Category

Code: S41 - Community improvement

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