Strategic Account Management Association Inc
- Assets
- $3.8m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Chicago, IL
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 13-2558593
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 12/2022, 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 12/2022, Strategic Account Management Association Inc generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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 600 ATTENDEES IN 2022 WITH 49 SESSIONS, 3 KEYNOTE SPEAKERS AND CLOSING KEYNOTE SPEAKERS, AND 4 NEXTCHANGE SPEAKERS.
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 100 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 2022 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Ford Chairman | OfficerTrustee | 0.3 | $0 |
Geoff Williams Treasurer | OfficerTrustee | 0.3 | $0 |
Hajo Rapp Secretary | OfficerTrustee | 0.3 | $0 |
Ron Davis Evp | OfficerTrustee | 0.3 | $0 |
Denise Juliano Director | Trustee | 0.3 | $0 |
Steve Andersen Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $358,134 |
| All other contributions, gifts, grants, and similar amounts not included above | $195,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $553,984 |
| Total Program Service Revenue | $3,517,975 |
| Investment income | $34,005 |
| 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 | $1,742 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,117,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $289,992 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,717,377 |
| Pension plan accruals and contributions | $86,357 |
| Other employee benefits | $123,603 |
| Payroll taxes | $146,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,173 |
| Fees for services: Accounting | $12,524 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $64,685 |
| Office expenses | $63,682 |
| Information technology | $146,618 |
| Royalties | $0 |
| Occupancy | $89,128 |
| Travel | $1,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $664,487 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,189 |
| Insurance | $19,093 |
| All other expenses | $1,491 |
| Total functional expenses | $3,540,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,339 |
| Savings and temporary cash investments | $2,508,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,321 |
| Prepaid expenses and deferred charges | $84,756 |
| Net Land, buildings, and equipment | $66,662 |
| Investments—publicly traded securities | $648,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,836,369 |
| Accounts payable and accrued expenses | $413,136 |
| Grants payable | $0 |
| Deferred revenue | $1,756,063 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,169,199 |
| Net assets without donor restrictions | $1,667,170 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,836,369 |