Meeting Professionals International
- Assets
- $9.2m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 60
- Location
- Dallas, TX
- Founding
- 04/1981
- Data as of
- 12/2022
- EIN
- 23-7256168
Organization Overview
Meeting Professionals International is located in Dallas, TX. The organization was established in 1981. 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 12/2022, Meeting Professionals International employed 60 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Meeting Professionals International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Meeting Professionals International generated $12.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $12.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE TRAINING AND EXCHANGE OF INFORMATION BETWEEN PERSONS ENGAGED IN THE PROFESSION OF PLANNING BUSINESS MEETINGS
Describe the Organization's Program Activity:
COMMUNITY: EXPENDITURES RELATED TO A LARGE AND DIVERSE COMMUNITY OF MEETING PROFESSIONALS IN THE WORLD. COMMUNITIES INCLUDE ASSOCIATION PROFESSIONALS, ADMINISTRATIVE PROFESSIONALS, MARKETER & EXPERIENCE DESIGNERS, FINANCIAL & INSURANCE PROFESSIONALS, INDEPENDENT & SMALL BUSINESS OWNERS, MEETING EXECUTIVES, MPI-MD MEDICAL MEETING & HEALTHCARE PROFESSIONALS, MPI WOMEN AND SAFETY & SECURITY SPECIAL INTEREST GROUP.
MEDIA: PUBLICATION OF "THE MEETING PROFESSIONAL" MAGAZINE, WHICH HIGHLIGHTS PLANNER AND SUPPLIER MEMBERS WHILE SHOWCASING BEST PRACTICES, TRENDS, DESTINATIONS AND INDUSTRY LEADERSHIP, THROUGH IN-DEPTH REPORTING AND CREATIVE DESIGN. THE ORGANIZATION ALSO PRODUCES EVENT INDUSTRY PODCASTS DEDICATED TO SUPPORTING MEETING AND EVENT PROFESSIONAL AND THE INDUSTRY AT LARGE WITH HOT TOPICS, PANEL DISCUSSIONS AND INDUSTRY INSIDER VIEWPOINTS. THE ORGANIZATION ALSO PUBLISHES "THE PROFESSIONAL DEVELOPMENT GUIDE" WHICH IS FULL OF RESOURCES AND RECOMMENDATIONS TO HELP MEMBERS TO PLAN MEETINGS AND EVENTS AND "MEETINGS OUTLOOK" WHICH COVERS THE MEETING AND EVENT INDUSTRY'S RECOVERY FROM THE COVID-19 PANDEMIC, EMPLOYMENT TRENDS, BUSINESS CONDITIONS AND ATTENDANCE FORECASTS.
EVENTS: PROVIDING EDUCATION AND NETWORKING FOR MEETING AND EVENT PROFESSIONALS, FEATURING CUTTING-EDGE TOPICS AND BUSINESS OPPORTUNITIES.
ACADEMY: PROVIDING A VARIETY OF CERTIFICATE COURSES (IN-PERSON, ON-DEMAND, AND STREAMING) THAT ENHANCE CRITICAL JOB SKILLS ESSENTIAL TO MEETING AND EVENT PROFESSIONALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Carlson Chair | OfficerTrustee | 2 | $0 |
Cleo Battle Chair-Elect | OfficerTrustee | 1 | $0 |
Stephen Revetria Immediate Past Chair | OfficerTrustee | 2 | $0 |
Michelle Allgauer Vice Chair Finance | OfficerTrustee | 1.25 | $0 |
Jason Carroll Director | Trustee | 0.75 | $0 |
John Ehlenfeldt Director | Trustee | 0.75 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alridge It Service And Maintenance | 12/30/21 | $144,131 |
Federico Toja Chapter Liason | 12/30/21 | $115,657 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,750,362 |
| 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 | $3,750,362 |
| Total Program Service Revenue | $8,691,445 |
| Investment income | $42,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $389,650 |
| Net Rental Income | $67,654 |
| Net Gain/Loss on Asset Sales | -$14,244 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,926,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $133,143 |
| 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. | $1,942,446 |
| Compensation of current officers, directors, key employees. | $1,600,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,623,239 |
| Pension plan accruals and contributions | $107,428 |
| Other employee benefits | $364,078 |
| Payroll taxes | $384,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $109,664 |
| Fees for services: Accounting | $30,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,670 |
| Fees for services: Other | $1,345,872 |
| Advertising and promotion | $214,765 |
| Office expenses | $1,503,513 |
| Information technology | $770,621 |
| Royalties | $0 |
| Occupancy | $99,484 |
| Travel | $537,433 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,595 |
| Interest | $55,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,871 |
| Insurance | $70,122 |
| All other expenses | $1,469 |
| Total functional expenses | $12,616,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,225,884 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,235,352 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,500 |
| Prepaid expenses and deferred charges | $423,403 |
| Net Land, buildings, and equipment | $351,034 |
| Investments—publicly traded securities | $1,974,677 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $56,888 |
| Other assets | $949,061 |
| Total assets | $9,219,799 |
| Accounts payable and accrued expenses | $2,250,280 |
| Grants payable | $0 |
| Deferred revenue | $3,732,860 |
| 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 | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,196,119 |
| Total liabilities | $9,179,259 |
| Net assets without donor restrictions | $40,540 |
| 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 | $9,219,799 |