EIN 56-1596880

Turnaround Management Association

IRS 501(c) type
501(c)(6)
Num. employees
21
Year formed
1988
Most recent tax filings
2022-12-01
NTEE code, primary
Description
International trade association for corporate renewal and turnaround management with educational programs, networking opportunities, and a journal of corporate renewal.
Total revenues
$4,837,813
2022
Total expenses
$5,061,690
2022
Total assets
$6,652,132
2022
Num. employees
21
2022

Program areas at Turnaround Management Association

The Association promotes the many facets of the Turnaround industry through public forums, traditional communication pieces and web-based offerings, while also providing educational and networking opportunities through its periodical, journal of corporate renewal and other miscellaneous publications and newsletters. These vehicles provide the overall branding of the industry in the corporate marketplace, thereby promoting the various businesses that comprise the Turnaround industry.
The assocation provides certification to professionals in the Turnaround industry. National on-line education programs are offered, and an examination program is in place for certification.
The Association held one conference and an annual convention for educational programs to improve methodologists in Turnaround Management and provide networking opportunities for attendees who represent the many facets of the Turnaround industry.

Grants made by Turnaround Management Association

GranteeGrant descriptionAmount
Regents University of California Los AngelesPublication of A Law Review Article and Database Enhancement$6,668

Personnel at Turnaround Management Association

NameTitleCompensation
Scott StuartChief Executive Officer$382,366
Laura CaputoChief of Staff To the Chief Executive Officer$118,705
Nick LeiderJournal of Corporate Renewal Editor in Chief
Allen WilenVice President - Finance / Vice President - Education / Vice President - Certification$0
Sally BartonVice President - Communications / Board Member$0
...and 35 more key personnel

Financials for Turnaround Management Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$28,701
Program services$4,618,410
Investment income and dividends$170,216
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$20,486
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,837,813

Form 990s for Turnaround Management Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122019-11-22990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
January 23, 2024
Updated personnel
Identified 7 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Used new vendors
Identified 1 new vendor, including
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Updated personnel
Identified 21 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsOperates internationallyReceives government fundingEndowed support
General information
Address
150 N Wacker Dr 1900
Chicago, IL 60606
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
turnaround.org/ 
Phone
(312) 578-6900
Facebook page
turnaround-management-association 
IRS details
EIN
56-1596880
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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