Mra Institute Of Management Inc
- Assets
- $11.5m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Waukesha, WI
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 39-1472622
Organization Overview
Mra Institute Of Management Inc is located in Waukesha, WI. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mra Institute Of Management Inc 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 12/2021, Mra Institute Of Management Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE EMPLOYEES AND THE PUBLIC THROUGH SEMINARS, INSTITUTES, MEETINGS, RESEARCH, COMMUNICATION AND OTHER MEANS IN ALL AREAS AND MATTERS RELATING TO OR AFFECTING (A) EMPLOYER/EMPLOYEE RELATIONS; (B) LEGISLATION, RULES, DIRECTIVES AND ORDERS OF ADMINISTRATIVE AGENCIES, AGENCY, AND JUDICIAL DECISIONS AFFECTING BUSINESS AND EMPLOYER-EMPLOYEE RELATIONS; (C) THE WAGES, HOURS AND WORKING CONDITIONS OF EMPLOYEES; (D) COMMUNITY AND BUSINESS DEVELOPMENT; AND (E) RELATIONS BETWEEN BUSINESS AND THE COMMUNITY AND BETWEEN BUSINESS AND GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MRA INSTITUTE OF MANAGEMENT PROVIDED TRAINING IN MANAGEMENT AND LEADERSHIP DEVELOPMENT, CUSTOMER RELATIONS AND SALES, AND QUALITY MANUFACTURING AND TEAMS. DURING 2021 THE INSTITUTE CONDUCTED 358 TRAINING EVENTS AND TRAINED 5,817 PARTICIPANTS. IN ADDITION, THE INSTITUTE CONDUCTED 388 DAYS OF ONSITE TRAINING FOR MEMBER COMPANIES AND TRAINED ANOTHER 11,361 PARTICIPANTS. MRA INSTITUTE OF MANAGEMENT HOLDS ROUNDTABLES THROUGHOUT THE YEAR TO ENABLE MANAGEMENT TO MORE EFFECTIVELY MANAGE THE EMPLOYER-EMPLOYEE ASPECT OF THEIR BUSINESS. DURING 2021 MRA INSTITUTE OF MANAGEMENT CONDUCTED 29 CONFERENCE EVENTS WITH APPROXIMATELY 7,800 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Staaden Chief Operating Officer | OfficerTrustee | 15 | $0 |
Dave Rolston Chairperson | OfficerTrustee | 1 | $0 |
Susan Fronk President And CEO | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $764,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $767,491 |
| Total Program Service Revenue | $4,915,729 |
| Investment income | $4,126 |
| 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 | $5,687,346 |
| 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. | $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 | $3,833,787 |
| Fees for services: Legal | $14,563 |
| 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 | $28,045 |
| Advertising and promotion | $63,337 |
| Office expenses | $186,041 |
| Information technology | $106,976 |
| Royalties | $28,713 |
| Occupancy | $437,586 |
| Travel | $46,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $297,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273,508 |
| Insurance | $13,402 |
| All other expenses | $18,458 |
| Total functional expenses | $5,348,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,534 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $436,838 |
| 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 | $6,619,779 |
| Investments—publicly traded securities | $270,415 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,175,572 |
| Total assets | $11,508,138 |
| Accounts payable and accrued expenses | $47,263 |
| Grants payable | $0 |
| Deferred revenue | $795,557 |
| 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 | $3,762,627 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $764,800 |
| Total liabilities | $5,370,247 |
| Net assets without donor restrictions | $6,137,891 |
| 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 | $11,508,138 |
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