Overview
What is National Contract Management Association?
The National Contract Management Association, situated in Reston, Virginia, is a nonprofit organization dedicated to enhancing organizational performance through proficient contract management. Their primary focus includes publishing a monthly magazine, maintaining their website, creating promotional materials, and supporting their job bank and career services. Their mission is to advance the contract management profession by fostering competency development, advocating for relevant issues, and organizing programs that facilitate networking and professional growth among NCMA members. With a workforce of approximately 30 individuals, the National Contract Management Association is committed to promoting best practices in contract management.
Official website here: www.ncmahq.org
Is National Contract Management Association legitimate?
National Contract Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Contract 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: $762,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,408,559
For more financial information, click here
Official website here: www.ncmahq.org
What is the mission statement of National Contract Management Association?
The National Contract Management Association's mission is centered around enhancing organizational performance through effective contract management. To achieve this, the association focuses on advancing the contract management profession by fostering competency development, advocating for the field, and executing programs that connect its members, thereby facilitating their professional growth. The organization's activities encompass advertising, creative services, and marketing, which involve producing a monthly magazine, maintaining the association's website, creating promotional materials, and supporting the job bank and career services.
Official website here: www.ncmahq.org
Who is the CEO of National Contract Management Association?
Kraig Conrad is the CEO of National Contract Management Association The CEO's salary of National Contract Management Association is $381,653 and their total compensation is $396,586.
Official website here: www.ncmahq.org
What is the revenue of National Contract Management Association?
National Contract Management Association's revenue in 2024 was $11,768,915.
Official website here: www.ncmahq.org
Who are the executives of National Contract Management Association and what are their salaries?
The average compensation at National Contract Management Association during 2024 was $90,591. There are 35 employees and 60 volunteers at National Contract Management Association.
Here are 22 key members and their salaries (National Contract Management Association's CEO's salary is $381,653 and their total compensation is $396,586):
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- Compensation: $381,653
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- Compensation: $185,215
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Official website here: www.ncmahq.org
Where can I find the form 990 for National Contract Management Association?
National Contract Management Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ncmahq.org
Learn more at the official website: www.ncmahq.org
Mission Statement of National Contract Management Association
The National Contract Management Association (NCMA) is committed to enhancing organizational performance through proficient contract management. Their mission extends beyond this, aiming to elevate the contract management profession as a whole. They achieve this by focusing on competency enhancement, advocacy, and executing programs designed to foster connections among NCMA members and promote their professional development.
NCMA's approach to achieving its mission is multifaceted. They invest in advertising, creative services, and marketing initiatives. This includes the production and publication of their monthly magazine, 'Contract Management'. They also maintain their association's website, prepare promotional materials for various activities, and support their job bank and career services. By doing so, NCMA not only supports the professional growth of its members but also contributes to the broader contract management community.
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Impact
October, 2024
The National Contract Management Association (NCMA) significantly impacts the field of contract management by enhancing organizational performance through effective practices and standards. By focusing on competency enhancement, NCMA provides its members with essential training and resources, empowering them to excel in their roles and drive efficiency in contract execution.
The association produces and publishes the monthly magazine, "Contract Management," which keeps members informed about industry trends, best practices, and innovative strategies. Additionally, it supports a robust online presence through its website, which serves as a vital resource hub for professionals seeking knowledge and networking opportunities.
NCMA also engages in advocacy efforts that promote the contract management profession, ensuring that the voices of practitioners are heard and represented in policy discussions. Through its job bank and career services, the association enhances members' career prospects, connecting them with opportunities that align with their skills and aspirations.
Overall, NCMA's initiatives foster a strong community among contract management professionals, promoting continuous improvement and collaboration that ultimately benefits organizations and the broader industry.
This information is meant to be a general summary of National Contract 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 2024.
- Investment Income: $340,736
- Program Service Revenue: $10,949,617
- Gross Receipts: $11,776,927
Assets and Liabilities:
- Total Assets: $15,102,582
- Total Liabilities: $6,146,322
- Net Assets: $8,956,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES & SEMINARS
Revenue
$6,378,923
MEMBER PUBLICATIONS
Revenue
$2,060,968
LEARNING & DEVELOPMENT
Revenue
$1,496,423
COMMUNICATION
Revenue
$492,477
CERTIFICATION
Revenue
$520,826
Organization Details
Founding Year
1994
Principal Officer
Kraig Conrad
Website
www.ncmahq.orgNTEE Category
Code: S41 - Community improvement
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