Mra-The Management Association Inc
- Assets
- $15.4m
- Revenue
- $10.3m
- Investments
- $55.2k
- Employees
- 261
- Location
- Waukesha, WI
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 39-1096303
Organization Overview
Mra-The Management Association Inc is located in Waukesha, WI. The organization was established in 1968. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Mra-The Management Association Inc employed 261 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mra-The 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 12/2021, Mra-The Management Association Inc generated $10.3m 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 (6.4%) each year. All expenses for the organization totaled $9.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) 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
MRA IS A NOT-FOR-PROFIT EMPLOYERS ASSOCIATION WHOSE SOLE GOAL IS TO HELP YOUR BUSINESS SUCCEED. WE PARTNER WITH OVER 3,000 EMPLOYERS AND ARE, IN FACT, THE LARGEST EMPLOYERS ASSOCIATION IN THE MIDWEST. MRA HAS OVER 200 HR AND BUSINESS PROFESSIONALS WHO ARE POISED TO HELP YOU CULTIVATE ENGAGED, PRODUCTIVE EMPLOYEES AND TO CREATE A STRONG ORGANIZATIONAL INFRASTRUCTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MRA PROVIDES A VARIETY OF SERVICES TO ITS MEMBERS SUCH AS A 24/7 HOTLINE TO GIVE MEMBERS ACCESS TO KNOWLEDGEABLE HUMAN RESOURCES COUNSELORS; WAGE, SALARY, AND BENEFIT SURVEYS; HUMAN RESOURCE UPDATES FROM LEADERSHIP TRENDS TO EMPLOYMENT LAW; ONLINE TOOLS AND TEMPLATES; DISCOUNTS ON TRAINING PROGRAMS; AND REDUCED PRICING ON SEVERAL PARTNERS PROGRAMS. DURING 2021, MRA HAD APPROXIMATELY 3,000 MEMBERS.
MRA ALSO PROVIDES REFERENCE CHECKING AND BACKGROUND INVESTIGATIONS, ORGANIZATIONAL DEVELOPMENT, AFFIRMATIVE ACTION, OUTPLACEMENT SERVICES, ASSESSMENTS, AND SURVEYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Fronk President And CEO | Officer | 25 | $358,720 |
Patricia Staaden Chief Operating Officer | Officer | 25 | $250,577 |
William Budzien Vice President And CFO | Officer | 40 | $156,016 |
David Gromacki Director, Member Relations | 40 | $140,147 | |
Kathleen Krohn Member Relations Manager | 40 | $129,387 | |
Paul Butler Controller | 38 | $127,929 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nuage Experts Llc Programming And Consulting For Salesforc | 12/30/18 | $410,304 |
Elevated Third Website Work | 12/30/18 | $344,700 |
Freedom Consulting Services Llc Consulting On Saleforce Implementation | 12/30/18 | $161,688 |
Push Solutions Llc Printing And Mailing | 12/30/18 | $109,289 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $10,079,489 |
| Investment income | $127,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,827 |
| Net Gain/Loss on Asset Sales | $97,442 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,314,261 |
| 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. | $839,532 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,464,675 |
| Pension plan accruals and contributions | $260,104 |
| Other employee benefits | $315,866 |
| Payroll taxes | $533,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,015 |
| Fees for services: Accounting | $15,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,168,863 |
| Advertising and promotion | $24,343 |
| Office expenses | $263,264 |
| Information technology | $401,920 |
| Royalties | $0 |
| Occupancy | $454,967 |
| Travel | $29,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $325,134 |
| Insurance | $65,332 |
| All other expenses | $0 |
| Total functional expenses | $9,243,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,350,578 |
| Savings and temporary cash investments | $562,114 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,107,128 |
| 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 | $640,059 |
| Net Land, buildings, and equipment | $582,450 |
| Investments—publicly traded securities | $7,558,739 |
| Investments—other securities | $55,237 |
| Investments—program-related | $0 |
| Intangible assets | $503,125 |
| Other assets | $0 |
| Total assets | $15,359,430 |
| Accounts payable and accrued expenses | $1,924,487 |
| Grants payable | $0 |
| Deferred revenue | $2,458,942 |
| 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 | $1,128,070 |
| Other liabilities | $7,130,459 |
| Total liabilities | $12,641,958 |
| Net assets without donor restrictions | $2,717,472 |
| 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 | $15,359,430 |