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Turnaround Management Association

Trade
Trade Association · CHICAGO, IL · EIN 56-1596880
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About

The association provides educational opportunities and networking forums to exchange information, ideas, and knowledge about corporate renewal and the turnaround industry.

Donations are NOT tax-deductible
Category
Trade Association
Employees
22
Volunteers
100

Financial Snapshot

FY ending 2023-12-31
Revenue
$5.1M
Expenses
$5.2M
Assets
$7.7M
Liabilities
$3.2M

Financial history

$5.2M$2.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $5.1M · Peak FY2018: $5.2M · Avg: $5.0M

Foreign activity (Schedule F)

Total spent abroad$176K
Foreign employees1
Foreign offices1
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM——
TURNAROUND MANAGEMENT ASSOCIATION
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Address

300 S Wacker DR
Chicago, IL, 60606-668

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes

Financial detail (Schedule D)

Board-designated %100.0%
Endowment held by related orgNo
Public records
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