Civic Intelligence

Mima Management Institute

990 • Fiscal year 2016 • EIN 36-3010180

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 21, 2017

Organization ProfileWWW.HRSOURCE.ORG
3025 Highland Parkway No 225Downers Grove, IL 60515

(630) 963-7600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

34.25x

Higher debt load relative to assets than 100% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

3.03x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$339,896

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 50.6% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

87th percentile

39%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$59,396

Up $16,761 (+39%) from 2015

Net Assets

Down

-$1,975,144

Down $197,335 (-11%) from 2015

Liabilities

Up

$2,034,540

Up $214,096 (+12%) from 2015

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin11th percentile

Revenue

Up

$672,021

Up $63,649 (+10%) from 2015

Expenses

Up

$869,356

Up $118,677 (+16%) from 2015

Net Income

Down

-$197,335

Down $55,028 (-39%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $35,530Liabilities 2012: $1,390,420Net Assets 2012: -$1,354,8902012Assets 2013: $51,291Liabilities 2013: $1,542,075Net Assets 2013: -$1,490,7842013Assets 2014: $55,447Liabilities 2014: $1,690,949Net Assets 2014: -$1,635,5022014Assets 2015: $42,635Liabilities 2015: $1,820,444Net Assets 2015: -$1,777,8092015Assets 2016: $59,396Liabilities 2016: $2,034,540Net Assets 2016: -$1,975,1442016Assets 2017: $59,551Liabilities 2017: $2,173,086Net Assets 2017: -$2,113,5352017

Highlighted filing

2016

Assets$59,396
Liabilities$2,034,540
Net Assets-$1,975,144
Open 2016 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $629,6772012Expenses 2013: $675,0142013Revenue 2014: $571,720Expenses 2014: $716,438Net Income 2014: -$144,7182014Revenue 2015: $608,372Expenses 2015: $750,679Net Income 2015: -$142,3072015Revenue 2016: $672,021Expenses 2016: $869,356Net Income 2016: -$197,3352016Revenue 2017: $756,571Expenses 2017: $894,962Net Income 2017: -$138,3912017

Highlighted filing

2016

Revenue$672,021
Expenses$869,356
Net Income-$197,335
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 21, 2017
Return Version
2015v3.0
Gross Receipts
$672,021
Mission and Program Overview

Mission

To provide expert human resource training, education, and related services to improve performance in member companies.

To provide expert human resource training, education, and related services to member companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$38,725$45,177▲ $6,452
Prepaid Expenses and Deferred Charges$3,150$13,855▲ $10,705
Land, Buildings, and Equipment, Net$760$364▼ $396
Total Assets$42,635$59,396▲ $16,761
Liabilities
Other Liabilities$1,764,855$1,997,478▲ $232,623
Deferred Revenue$55,589$37,062▼ $18,527
Total Liabilities$1,820,444$2,034,540▲ $214,096
Net Assets / Fund Balance
Unrestricted Net Assets$-1,777,809$-1,975,144▼ $197,335
Total Net Assets Fund Balance$-1,777,809$-1,975,144▼ $197,335
Total Liabilities and Net Assets / Fund Balance$42,635$59,396▲ $16,761

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$17,389$17,389
Other Land Buildings$364$826$1,190
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Kelly HaydenChief Legal Counsel$129,631$129,631
George KhouryChief Financial Officer$116,978$116,978

Board Members and Trustees

NameTitle
Dan CostelloChair
Ray ReynertsonChair - Emiritus
Peter SchmelzerPast-chair
Mary Lynn FayoumiPresident
Ron Adams2nd Vice Chair
Martin SwarbrickVice Chair
David ParuloDirector
John PrubanDirector
John ReynertsonDirector
Kim ZoellerDirector
Margery ShinnersDirector
Michael RomanoDirector
Ron OestreichDirector
Roy ThygesenDirector
Su BochenskiDirector
Vincent CaffarelloDirector
William GurneyDirector
Timothy SkellyPast Director
Kevin MenzerChief Operating Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$672,021
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-197,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$446,618
Other Expenses$422,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$342,432--$342,432
Conferences and Meetings$104,286--$104,286
Office Expenses$55,753--$55,753
Other Employee Benefits$42,362--$42,362
Pension Plan Contributions$36,605--$36,605
Payroll Taxes$25,219--$25,219
Fees for Services Other$18,140--$18,140
Travel$11,967--$11,967
Other Expenses$1,309$115,095-$1,309
Total Functional Expenses$754,261$115,095$0$869,356
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Management Association of Illinois$1,997,478
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“It is common practice for the governing body and management to conduct business amongst one another.”

Form 990, Part VI, Section A, Line 6

“The institute shall have no membrers separate or distinct from members of the management association of illinois. There is one class of membership known as regular membership. Membership will begin upon receipt of the dues payment, but the voting rights shall not arise until the board has approved the application for membership.”

Form 990, Part VI, Section A, Line 7A

“Each regular member shall have the right to cast one vote, or to assign someone to cast such vote, by mail, in the case of a vote by mail, or at any annual, regular or special meeting.”

Form 990, Part VI, Section A, Line 7B

“Members must approve such important decisions as dissolutions or amendments to the articles of incorporation.”

Form 990, Part VI, Section B, Line 11

“The board of directors of the management association of illinois delegates the receipt and review of the form 990 to the executive committee. The form 990 is electronically provided to the entire executive committee in a pdf form.”

Form 990, Part VI, Section B, Line 12C

“Staff and board members are reminded annually of the conflict of interest policy and requested to bring any potential conflicts to the attention of the board and management staff.”

Form 990, Part VI, Section B, Line 15

“Compensation review of the organizations ceo and other covered individuals was reviewed and approved by the executive committee of the board of directors, using survey data for comparable positions in the comparable geographic area.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon written request and sufficient notice.”

Filing and Contact Details

Filer

Filer Name
Mima Management Institute
EIN
36-3010180
Phone
6309637600
Address
3025 HIGHLAND PARKWAY NO 225, DOWNERS GROVE, IL 60515

Signing Officer

Name
Mary Lynn Fayoumi
Title
President
Phone
6309637600
Signed
2017-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Lynn Fayoumi
Formed
1977
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
311 SOUTH WACKER DRIVE SUITE 4000, CHICAGO, IL 60606
Preparer
Greg Wallenbecker
Phone
3123680500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The management institute, the educational division of the management association of illinois, is a not-for-profit illinois corporation with tax-exempt status as a public charity granted under section 501(c)(3) of the internal revenue code. The organization is not considered to be a private foundation within the meaning of section 509(a) of the internal revenue code. The organization files form 990, return of organization exempt from income tax. The organizations returns are subject to examination by the internal revenue service until the applicable statute of limitations expires.”

Raw XML AppendixShowing 400 of 564 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt038725
IRS990/AccountsReceivableGrp/EOYAmt045177
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE EXPERT HUMAN RESOURCE TRAINING, EDUCATION, AND RELATED SERVICES TO MEMBER COMPANIES.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GEORGE KHOURY
IRS990/BooksInCareOfDetail/PhoneNum06309637600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03025 HIGHLAND PARKWAY STE 225
IRS990/BooksInCareOfDetail/USAddress/CityNm0DOWNERS GROVE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060515
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0104286
IRS990/ConferencesMeetingsGrp/TotalAmt0104286
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0422738
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0672021
IRS990/CYRevenuesLessExpensesAmt0-197335
IRS990/CYSalariesCompEmpBnftPaidAmt0446618
IRS990/CYTotalExpensesAmt0869356
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0672021
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt055589
IRS990/DeferredRevenueGrp/EOYAmt037062
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE INSTITUTE OFFERS SEMINARS AND ON-SITE TRAINING IN HUMAN RESOURCES PRACTICE AND COMPLIANCE, SUPERVISORY AND LEADERSHIP ENHANCEMENT, AND DISCRIMINATION AND HARASSMENT AWARENESS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0754261
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt018140
IRS990/FeesForServicesOtherGrp/TotalAmt018140
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1737.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1824.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1937.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2037.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt173.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt182.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt193.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt203.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1764302
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1811784
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1913854
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2032826
IRS990/Form990PartVIISectionAGrp/PersonNm0RAY REYNERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm1PETER SCHMELZER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN COSTELLO
IRS990/Form990PartVIISectionAGrp/PersonNm3RON ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4SU BOCHENSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5VINCENT CAFFARELLO
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM GURNEY
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN PRUBAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL ROMANO
IRS990/Form990PartVIISectionAGrp/PersonNm9MARGERY SHINNERS
IRS990/Form990PartVIISectionAGrp/PersonNm10TIMOTHY SKELLY
IRS990/Form990PartVIISectionAGrp/PersonNm11MARTIN SWARBRICK
IRS990/Form990PartVIISectionAGrp/PersonNm12ROY THYGESEN
IRS990/Form990PartVIISectionAGrp/PersonNm13RON OESTREICH
IRS990/Form990PartVIISectionAGrp/PersonNm14KIM ZOELLER
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID PARULO
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN REYNERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm17MARY LYNN FAYOUMI
IRS990/Form990PartVIISectionAGrp/PersonNm18GEORGE KHOURY
IRS990/Form990PartVIISectionAGrp/PersonNm19KELLY HAYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm20KEVIN MENZER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17275594
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18105194
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19115777
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20129152
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR - EMIRITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF OPERATING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0672021
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018215
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0760
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0364
IRS990/LandBldgEquipCostOrOtherBssAmt018579
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EXPERT HUMAN RESOURCE TRAINING, EDUCATION, AND RELATED SERVICES TO IMPROVE PERFORMANCE IN MEMBER COMPANIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1777809
IRS990/NetAssetsOrFundBalancesEOYAmt0-1975144
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt055753
IRS990/OfficeExpensesGrp/TotalAmt055753
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042362
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042362
IRS990/OtherExpensesGrp/Desc0ALLOCATIONS FROM MAI
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0115095
IRS990/OtherExpensesGrp/ProgramServicesAmt0116188
IRS990/OtherExpensesGrp/ProgramServicesAmt11309
IRS990/OtherExpensesGrp/TotalAmt0231283
IRS990/OtherExpensesGrp/TotalAmt11309
IRS990/OtherLiabilitiesGrp/BOYAmt01764855
IRS990/OtherLiabilitiesGrp/EOYAmt01997478
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0342432
IRS990/OtherSalariesAndWagesGrp/TotalAmt0342432
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt025219
IRS990/PayrollTaxesGrp/TotalAmt025219
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036605
IRS990/PensionPlanContributionsGrp/TotalAmt036605
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013855
IRS990/PrincipalOfficerNm0MARY LYNN FAYOUMI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/Desc0TRAINING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0672021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0672021
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0391533
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0608372
IRS990/PYRevenuesLessExpensesAmt0-142307
IRS990/PYSalariesCompEmpBnftPaidAmt0359146
IRS990/PYTotalExpensesAmt0750679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0608372
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-197335
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0672021
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION MAKES THE ANNUAL CALCULATION TO DETERMINE THAT THE SUPPORTED ORGANIZATION SATISFIES THE PUBLIC SUPPORT TESTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION ANNUALLY REVIEWS THE ACTIVITY OF THE SUPPORTED ORGANIZATION TO ENSURE THAT SUCH SUPPORT IS USED EXCLUSIVELY FOR SECTION 170 (C)(2)(B) PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0361524310
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0754485
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MAI
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0754485
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017389
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0364
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0826
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01997478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MANAGEMENT ASSOCIATION OF ILLINOIS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT INSTITUTE, THE EDUCATIONAL DIVISION OF THE MANAGEMENT ASSOCIATION OF ILLINOIS, IS A NOT-FOR-PROFIT ILLINOIS CORPORATION WITH TAX-EXEMPT STATUS AS A PUBLIC CHARITY GRANTED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE ORGANIZATIONS RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0364
IRS990ScheduleD/TotalLiabilityAmt01997478
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,396
Liabilities
$2,034,540
Net assets
-$1,975,144
Revenue
$672,021
Expenses
$869,356
Net income
-$197,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.06$2.17$2.11$0.76$0.89$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.06$2.03$1.98$0.67$0.87$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.04$1.82$1.78$0.61$0.75$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.06$1.69$1.64$0.57$0.72$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$1.54$1.49$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$1.39$1.35$0.63