Institute For Supply Management Houston Inc is located in Houston, TX. The organization was established in 1953. 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 Management Houston 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 08/2023, Institute For Supply Management Houston Inc generated $143.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $133.1k during the year ending 08/2023. While expenses have increased by 20.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL DEVELOPMENT SEMINARS AND REVIEWS FOR MEMBERSHIP DEVELOPMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay King Treasurer | 3 | $0 | |
Ggwen Mitchell Past President | 3 | $0 | |
James Rosemond President | 3 | $0 | |
Ryan Johnson Vice President | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,669 |
| Total Program Service Revenue | $63,260 |
| Membership dues | $28,912 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,856 |
| 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 | $6,350 |
| Occupancy, rent, utilities, and maintenance | $69,864 |
| Printing, publications, postage, and shipping | $1,789 |
| Other expenses | $55,054 |
| Total expenses | $133,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,413 |
| Other assets | $0 |
| Total assets | $317,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,413 |