EIN 36-1524310

HR Source

IRS 501(c) type
501(c)(6)
Num. employees
48
Year formed
1977
Most recent tax filings
2023-06-01
NTEE code, primary
Description
To be The most comprehensive, trusted Source of practical human resource expertise, continuously improving The performance of The employers we support by attracting, developing, rewarding, and retaining a team of talented, experienced and dedicated pr...
Also known as...
The Management Association of Illinois
Total revenues
$4,337,430
2023
Total expenses
$4,397,002
2023
Total assets
$5,783,118
2023
Num. employees
48
2023

Program areas at HR Source

The organization maintains a "hotline" service to dispense answers to questions related to The human resources area. This information resource is provided free to members as part of their annual dues payment.
The organization provides conferences, seminars and other educational opportunities to members and employers in Illinois, including programs on human resource, employment law, and supervisory and leadership topics.
The organization researches, administers and publishes a number of employment-based surveys annually, including wage, salary, executive compensation and policies and benefits (biennial) surveys.
The organization also provides additional research services and educational opportunities for employers in Illinois.

Personnel at HR Source

NameTitleCompensation
Mary Lynn FayoumiPresident and Chief Executive Officer$341,304
Kevin MenzerChief Operating Officer$141,002
Kelly A. HaydenChief Legal Counsel$167,955
Chris AlsoChief Pesterer
Julie BelloliChief Experience Officer
...and 13 more key personnel

Financials for HR Source

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$3,872,459
Investment income and dividends$154,864
Tax-exempt bond proceeds$0
Royalty revenue$18,963
Net rental income$9,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$282,144
Total revenues$4,337,430

Form 990s for HR Source

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-13990View PDF
2022-062023-01-26990View PDF
2021-062021-12-09990View PDF
2019-062020-01-17990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 11 new personnel
April 7, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Professional associationsBusiness and community development organizations
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
Address
3025 Highland Pkwy 225
Downers Grove, IL 60515
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
DuPage County, IL
Website URL
hrsource.org/maimis/ 
Phone
(630) 963-7600
Facebook page
ManagementAssociation 
Twitter profile
@hrsource_org 
IRS details
EIN
36-1524310
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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