Strategic Account Management Association Inc

Organization Overview

Strategic Account Management Association Inc is located in Chicago, IL. The organization was established in 1966. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Strategic Account Management Association Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strategic Account Management Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Strategic Account Management Association Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP, PROMOTE AND ADVANCE THE CONCEPT OF CUSTOMER-SUPPLIER COLLABORATION THROUGH COMMUNITIES OF PRACTICE AND TO PROFESSIONAL DEVELOPMENT OF THE INDIVIDUALS AND COMPANIES INVOLVED IN THE PROCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ANNUAL CONFERENCE, HELD EACH MAY, IS THE ASSOCIATION'S SIGNATURE EVENT, BRINGING TOGETHER SAMA'S MEMBERS TO SHARE BEST PRACTICES, LEARN NEW TOOLS AND NETWORK WITH PEERS. APPROXIMATELY 500 ATTENDEES IN 2021 WITH 49 SESSIONS, 3 KEYNOTE SPEAKERS AND CLOSING KEYNOTE SPEAKERS, AND 4 NEXTCHANGE SPEAKERS. THE ANNUAL CONFERENCE WAS VIRTUAL BECAUSE OF THE PANDEMIC


MEMBER SERVICES-OFFERS ITS MEMBERS EXTENSIVE ACCESS TO STRATEGIC ACCOUNT MANAGEMENT RELATED KNOWLEDGE AND EXPERIENCE THROUGH A BROAD RANGE OF PRIMARY AND SECONDARY RESOURCES


DOMESTIC, EUROPEAN MEETINGS- SAMA PAN-EUROPEAN CONFERENCE- SAMA'S PREMIERE NETWORKING AND EDUCATIONAL EVENT IN EUROPE, IT DRAWS APPROXIMATELY 150 SAM PROFESSIONALS, WHO TAKE PART IN 20 SHORT SESSIONS ON A BROAD RANGE OF SAM-RELATED TOPICS. THIS EVENT WAS VIRTUAL DUE TO THE PANDEMIC IN 2021 SAMA ACADEMY- (NO IN-PERSON EVENTS WERE HELD IN EUROPE DUE TO THE PANDEMIC SAMA ACADEMY ARE THE EVENTS WHERE SAMA OFFERS OUR CSAM (CERTIFIED STRATEGIC ACCOUNT MANAGER) AND TRAINING CLASSES. THESE CLASSES LAST EITHER ONE OR TWO DAYS AND ARE DEEP DIVE CLASSES THAT TRAIN AGAINST OUR BEST IN CLASS COMPETENCY MODEL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$42,650
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,650
Total Program Service Revenue$3,160,402
Investment income $28,361
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,014
Miscellaneous Revenue$0
Total Revenue $3,236,078

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