Institute For Professional Advancement Inc

Organization Overview

Institute For Professional Advancement Inc is located in Golden, CO. The organization was established in 1992. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Institute For Professional Advancement Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Professional Advancement 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, Institute For Professional Advancement Inc generated $423.3k 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 (4.1%) each year. All expenses for the organization totaled $508.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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 ESTABLISH STANDARDS AND TO AWARD PROFESSIONAL DESIGNATION TO THOSE PROPERLY QUALIFIED MEMBERS OF THE MANUFACTURERS' REPRESENTATIVES PROFESSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROFESSIONAL DESIGNATIONS ARE AWARDED TO QUALIFYING MEMBERS OF THE INDUSTRY, INCLUDING THE CERTIFIED PROFESSIONAL MANUFACTURER REPRESENTATIVE (CPMR)DESIGNATION AND THE CERTIFIED SALES PROFESSIONAL (CSP) DESIGNATION. MANAGEMENT AND CONSULTING SERVICES ASSIST MEMBERS IN USING THEIR EXPERIENCE AND KNOWLEDGE TO SOLVE PROBLEMS COMMON WITHIN THE MANUFACTURERS' REPRESENTATIVE PROFESSION. SEMINARS & EDUCATIONAL COURSES PROVIDE A MEANS FOR MEMBERS TO ACHIEVE CERTIFICATION AS INDUSTRY PROFESSIONALS IN COMPLIANCE WITH ESTABLISHED EDUCATIONAL REQUIREMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathleen Rhoten
Exec. Dir
$88,938
Chad Sandifer
President
$0
Scott Holtgrieve
Vp-Education
$0
Vin Nolan
Director
$0
Tom Carlson
Director
$0
Marla Sparks
Secretary/treasurer
$0

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$423,295
Investment income $29
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 $0
Miscellaneous Revenue$0
Total Revenue $423,324

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