Civic Intelligence

Turnaround Management Association Chesapeake Chapter Inc

EIN 52-2139299 • 501(c)6 • Towson, MD

990-N CoverageNTEE S41

Profile

To serve as a forum for convening turnaround executives from all disciplines to exchange information, ideas, and knowledge on the turnaround business, through networking events, educational seminars and panels of industry experts.

604 Worcester RoadTowson, MD 21286-7833
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S41 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

31%

Faster asset growth than 80% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

5.9%

Faster revenue growth than 58% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$80,959

Up $19,012 (+31%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$80,959

Up $19,012 (+31%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin91st percentile

Revenue

Up

$40,696

Up $2,257 (+5.9%) from 2023

Expenses

Down

$21,684

Down $5,457 (-20%) from 2023

Net Income

Up

$19,012

Up $7,714 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2023: $61,947Liabilities 2023: $0Net Assets 2023: $61,9472023Assets 2024: $80,959Liabilities 2024: $0Net Assets 2024: $80,9592024

Highlighted filing

2024

Assets$80,959
Liabilities$0
Net Assets$80,959
Open 2024 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2023: $38,439Expenses 2023: $27,141Net Income 2023: $11,2982023Revenue 2024: $40,696Expenses 2024: $21,684Net Income 2024: $19,0122024

Highlighted filing

2024

Revenue$40,696
Expenses$21,684
Net Income$19,012
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$80,959
Liabilities
$0
Net assets
$80,959
Revenue
$40,696
Expenses
$21,684
Net income
$19,012
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$81.0$0.00$81.0$40.7$21.7$19.0
2023Detailed filing. Detailed filing data is available for this year.$61.9$0.00$61.9$38.4$27.1$11.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$74,978
Mission and Program Overview

Mission

To serve as a forum for convening turnaround executives from all disciplines to exchange information, ideas, and knowledge on the turnaround business, through networking events, educational seminars and panels of industry experts.

Program Services

DescriptionGrantsExpenses
The Organization held over seven different educational and networking events in 2024 in the Baltimore, Washington D.C., and Richmond area. Near 100 member professionals were served by these activities in 2024 which were funded through sponsorship contributions and attendance fees. See Schedule G for more detail.--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wanya du PreezPresident-$0--
Barbara AndersonPresident Elect-$0--
Dennis ShafferSecretary-$0--
Carol ApicellaTreasurer-$0--
Peter BarrettVP Of Membership-$0--
John RobinsonVP Of Programs-$0--
Mike KainVP Of Programs-$0--
Wanya du PreezVP Of Programs-$0--
Hon Elizabeth GunnVP Of Programs-$0--
Rosa EvergreenVP Of Now-$0--
Ferris El-RashedNextgen Rep.-$0--
Steve GerardChairperson-$0--
Jeff ManningDirector-$0--
Austin SteeleDirector-$0--
Robert WestermannDirector-$0--
Jodie BuchmanDirector-$0--
Michael AlessiDirector-$0--
Richard CostellaDirector Emeritus-$0--
Jim KirschnerDirector Emeritus-$0--
David MusgraveDirector Emeritus-$0--
Rob PatrickDirector Emeritus-$0--
Patti LathamDirector Emeritus-$0--
Hon Maria Ellena Chavez RuarkDirector Emeritus-$0--
Jim Van HornDirector Emeritus-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Networking @ Yard$27,725$23,275$2,407$20,868
Mid-Atl Conference$21,234$0$0$0
Total Events$54,709$28,065$30,262$-2,197
Filing and Contact Details

Filer

Filer Name
Turnaround Management Association Chesapeake Chapter Inc
EIN
52-2139299
Phone
4103216428
Address
604 Worcester Road, Towson, MD 21286-7833

Signing Officer

Name
Carol Apicella
Title
Treasurer
Phone
4437990179
Signed
2025-05-08
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Annual Sponsorships”

Form 990-EZ, Part I, Line 16

“Insurance 769, Cloud Storage of Documents 1,590, Bank and Transaction Fees 1,288, Travel to National Meetings 2,500, Misc. 106”

Raw XML Appendix280 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Wanya du Preez
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Peter Barrett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5John Robinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Mike Kain
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Wanya du Preez
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Austin Steele
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm17Richard Costella
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm19David Musgrave
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President Elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP of Membership
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VP of Programs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VP of Programs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7VP of Programs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8VP of Programs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9VP of NOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10NextGen Rep.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Chairperson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt20Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt21Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt22Director Emeritus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt23Director Emeritus
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Annual Sponsorships
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance 769, Cloud Storage of Documents 1,590, Bank and Transaction Fees 1,288, Travel to National Meetings 2,500, Misc. 106
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Carol Apicella
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04437990179
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC
ReturnHeader/Filer/BusinessNameControlTxt0TURN
ReturnHeader/Filer/EIN0522139299
ReturnHeader/Filer/PhoneNum04103216428
ReturnHeader/Filer/USAddress/AddressLine1Txt0604 Worcester Road
ReturnHeader/Filer/USAddress/CityNm0Towson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0212867833
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-07T22:23:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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