Society For Management Information Systems
- Assets
- $266.2k
- Revenue
- $214.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 36-2632473
Organization Overview
Society For Management Information Systems, operating under the name SIM Chicago, is located in Chicago, IL. The organization was established in 0000. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. SIM Chicago 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, SIM Chicago generated $214.4k 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 (3.5%) each year. All expenses for the organization totaled $198.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE AN ASSOCIATION OF INFORMATION TECHNOLOGY EXECUTIVES FROM THE CHICAGO METROPOLITAN AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY EVENT MEETINGS FOR MEMBERS INCLUDING ONE LARGE VIRTUAL EVENT AND ONE INVITATIONAL GOLF FUNDRAISER OPEN TO ANY INFORMATION TECHNOLOGY PROFESSIONALS IN THE CHICAGO METRO AREA
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 |
|---|---|---|---|
Rick Merrick Chairman | Officer | 4 | $0 |
Wayne Bulmahn President | Officer | 4 | $0 |
John Selvnis Secretary | Officer | 4 | $0 |
Bill Blount President Elect | Officer | 4 | $0 |
Walter Lum Treasurer | Officer | 4 | $0 |
Alwin Brunner At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,835 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,383 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,218 |
| Total Program Service Revenue | $19,215 |
| Investment income | $0 |
| 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 | $214,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $61,244 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $292 |
| Information technology | $11,665 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $34,480 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $198,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $266,168 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $266,168 |
| Total liabilities and net assets/fund balances | $266,168 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiscnet Madison, WI | $19,265,640 | $9,057,881 |
The Hdf Group Champaign, IL | $2,681,088 | $3,775,571 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $6,083,373 | $2,407,593 |
Lumity Chicago, IL | $1,180,986 | $2,382,766 |
Open Source Technology Improvement Fund Inc Chicago, IL | $357,157 | $1,309,759 |
Open Information Security Foundation Inc Lafayette, IN | $1,345,059 | $1,521,763 |
Wisconsin Livestock Identification Consortium Inc Madison, WI | $152,013 | $431,499 |
Unity Foundation Np St Louis, MO | $7,837 | $125,000 |
International Association For Human Resource Information Management In Milwaukee, WI | $72,144 | $229,897 |
Society For Management Information Systems Chicago, IL | $266,168 | $214,433 |
Iowa Technology And Education Connection Nevada, IA | $137,996 | $217,389 |
Aps Training Institute Inc Aurora, IL | $42,690 | $0 |