Institute For Supply Mamagement- Milwaukee Inc is located in Milwaukee, WI. The organization was established in 1956. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Supply Mamagement- Milwaukee 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 05/2019, Institute For Supply Mamagement- Milwaukee Inc generated $41.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $59.1k during the year ending 05/2019. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOSTS MONTHLY EDUCATIONAL SEMINARS/EVENTS/MEETINGS, INCLUDING TWO SPECIAL EVENTS, TO PROVIDE OPPORTUNITIES FOR MEMBERS AND NONMEMBERS TO ADVANCE THEIR GENERAL EDUCATION AND WELFARE OF THE PURCHASING PROFESSION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Roy Immediate Past President | 1 | $0 | |
Tom Schmitt President-Elect | 1 | $0 | |
Amy Westfahl President | 1 | $0 | |
Christopher Wells Secretary/treasurer | 1 | $0 | |
Darlene Depover Director | 1 | $0 | |
Andy Martin Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,682 |
| Membership dues | $37,134 |
| Investment income | $2,700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,516 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,960 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $183 |
| Other expenses | $26,993 |
| Total expenses | $59,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,779 |
| Other assets | $0 |
| Total assets | $102,960 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,960 |