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TURNAROUND MANAGEMENT ASSOCIATION MN CHAPTER C/O DARYL MCLINDEN

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Public IRS 990 nonprofit record

TURNAROUND MANAGEMENT ASSOCIATION MN CHAPTER C/O DARYL MCLINDEN

EIN 41-1911072 · Boards of Trade (S46)

What they do

1. THE TURNAROUND MANAGEMENT ASSOCIATION, MINNESOTA CHAPTER(TMA/MN) is A LOCAL CHAPTER of THE INTERNATIONAL TMA ASSOCIATION (TMA). THE TMA SERVES AS A FORUM for CONVENING CORPORATE RENEWAL PROFESSIONALS FROM ALL DISCIPLINES to EXCHANGE INFORMATION, IDEAS, and KNOWLEDGE ON THE CORPORATE RENEWAL PROFESSION. THE TMA PROMOTES HIGH STANDARDS of PROFESSIONAL PRACTICE and IMPROVED METHODOLOGIES IN THE DISCIPLINE. THE TMA ALSO FOSTERS PROFESSIONAL DEVELOPMENT OPPORTUNITIES for CORPORATE RENEWAL PROFESSIONALS. IT SERVES AS A CLEARINGHOUSE of INFORMATION and RESEARCH PERTINENT to THE PROFESSION and PROMOTES THE IMAGE of THE INTERNATIONAL TMA. THE TMA/MN CONDUCTS APPROXIMATELY 16 EVENTS A YEAR IN and AROUND MINNEAPOLIS, MN FOCUSING ON THE FOLLOWING TOPICS: - NETWORKING OPPORTUNITIES for CORPORATE RENEWAL PROFESSIONALS; - EDUCATIONAL EVENTS-LEGAL/BANKRUPTCY, ACCOUNTING or TURNAROUND CONSULTING TOPICS, - SPEAKERS or PANELISTS THAT EDUCATE PROFESSIONALS ON THEIR WORK IN THE CORPORATE RENEWAL PROFESS

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $25.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

21.18%of revenue went to mission work25.4% of expenses · Program services
$90.40spent for every $100 of revenueRevenue covered expenses this year.
$1.73in assets for every $1 spent this yearSome assets cannot be spent right away.
42.8%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$47,207
Mission workProgram services$10,00021.18% of revenue25.4% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$7,85316.64% of revenueShown in gray on the chart
Total expenses$39,35483.36% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 25.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 83.36% of revenue
2019Expense mix: 12.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.00% of revenue
2018Expense mix: 14.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 121.55% of revenue
2017Expense mix: 14.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 118.01% of revenue
2016Expense mix: 17.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 112.37% of revenue

Money in and money out

Revenue$124,851
Expenses$112,861
Annual surplus $11,990 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,000 · 8.9% of expenses
See all reported dollar amounts
Revenue$124,851
Expenses$112,861
Assets$195,318
Income$136,892
Contributions$53,427
Mission work (program services)$10,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (12)

CHARLES NELSONSECRETARY/AWARDS CHAIR

DARYL MCLINDENTREASURER

ERIN BRYANCHAIR, NOW

HEATHER RACHELPRESIDENT

IAN RUBENSTRUNKCHAIR PROGRAMMING

JIM CECILDIRECTOR

LESLEY FARMERDIRECTOR

MATT HOWECO-CHAIR COMMUNICATIONS

PATRICK FINNCO-CHAIR MEMBERSHIP

ROGER MALDONADOCO-CHAIR NEXT GEN & COMM

RYAN BAKERCO-CHAIR, SPONSORSHIP

STEVE KINSELLACO-CHAIR NEXT GEN

About this charity

Recognized since
January 2002
Location
7321 HILLSDALE CT, CHANHASSEN, MN 55317-7548
County
Carver
In care of
% DAVID STEICHEN
Primary officer
DARYL MCLINDEN, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
SDK CPA
NTEE classification
Boards of Trade (S46)
IRS tax category
Boards of Trade

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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