Society For Human Resource Management

Organization Overview

Society For Human Resource Management is located in Alexandria, VA. The organization was established in 1965. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Society For Human Resource Management employed 494 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society For Human Resource Management 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, Society For Human Resource Management generated $173.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $152.8m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Society For Human Resource Management has awarded 42 individual grants totaling $18,198,793. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SHRM'S MISSION IS TO SERVE THE NEEDS OF HUMAN RESOURCE PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEMINARS AND EDUCATIONAL PROGRAMS: SHRM PROVIDES VARIOUS FORUMS AND PRODUCTS TO HELP EDUCATE HUMAN RESOURCE PROFESSIONALS AND DISSEMINATE INFORMATION ON HUMAN RESOURCE ISSUES AND PROVIDE A NETWORKING FORUM FOR SUCH PROFESSIONALS.


GOVERNMENT AND PUBLIC AFFAIRS: SHRM MONITORS CONGRESSIONAL ACTIONS THAT IMPACT HUMAN RESOURCE MANAGEMENT ISSUES AND REPRESENTS MEMBERS' POSITIONS ON PENDING LEGISLATION AND REGULATORY ISSUES.


PUBLICATIONS: SHRM PUBLISHES VARIOUS RESOURCES PROVIDING MEMBERS WITH THE LATEST UPDATES ON HR NEWS, RESEARCH, AND IN-DEPTH ANALYSIS OF HR TRENDS AND ISSUES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Meritb2b Llc
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$2,030,338
Navistar Direct Marketing
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Digital Revamp Llc
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$732,650
Heve Llc
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$5,624,753
Main Digital Llc
Technology Cons.
$922,532
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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$123,075,657
Investment income $6,897,743
Tax Exempt Bond Proceeds $0
Royalties $488,338
Net Rental Income $400,410
Net Gain/Loss on Asset Sales $6,377,387
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,301,569
Miscellaneous Revenue$0
Total Revenue $173,516,006

Grants Awarded

Over the last fiscal year, Society For Human Resource Management has awarded $1,819,858 in support to 7 organizations.

Grant RecipientAmount

SHRM FOUNDATION INC

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL

$1,596,178

STAND TOGETHER CHAMBER OF COMMERCE

Org PageRecipient Profile

Arlington, VA

PURPOSE: GENERAL

$100,000

THE THIRD WAY FOUNDATION INC

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL

$50,000

JOBS FOR AMERICA'S GRADUATES

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL

$46,180

NORTH CAROLINA CENTRAL UNIVERSITY FDN INC

Org PageRecipient Profile

Durham, NC

PURPOSE: GENERAL

$10,000

AMERICAN RED CROSS

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Society For Human Resource Management has recieved totaling $205,719.

Awarding OrganizationAmount
Charles Koch Foundation

Arlington, VA

PURPOSE: GENERAL OPERATING SUPPORT

$200,000
Aarp

Washington, DC

PURPOSE: Sponsorship of virtual conference

$5,500
Robert Sterling Clark Foundation Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$219
View Grant Recipient Profile

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