Professional Retail Store Maintenance Association
- Assets
- $6.2m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Irving, TX
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 75-2611922
Organization Overview
Professional Retail Store Maintenance Association is located in Irving, TX. The organization was established in 1995. 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 12/2021, Professional Retail Store Maintenance Association employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Retail Store Maintenance Association 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, Professional Retail Store Maintenance Association generated $5.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $5.5m during the year ending 12/2021. 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
CONNEX EXISTS SO THAT MEMBERS HAVE A COMPETITIVE ADVANTAGE IN MULTI-SITE FACILITIES MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNEX'S PURPOSE IS TO EDUCATE MEMBERS IN DIFFERENT AREAS OF MULTI-SITE MAINTENANCE AND TO PROVIDE EVENTS AND PROGRAMS. 2021 ENDED WITH AN 82%-MEMBER RETENTION RATE. 759 MEMBER COMPANIES3082 INDIVIDUAL MEMBERSAMONG CONNEX'S ACCOMPLISHMENTS IN 2021:- HOSTED FIRST IN-PERSON NATIONAL MEETING SINCE 2019; CONNEX2021 AT THE GAYLORD NATIONAL HARBOR WITH 1209 ATTENDEES.- BUILT CONNEXFM COUNCILS FOR HEALTHCARE, FOOD AND BEVERAGE, AND TECHNOLOGY. THESE COUNCILS HOSTED MONTHLY ONLINE EDUCATION AND ENGAGEMENT.- CONDUCTED MONTHLY MEETINGS AND EDUCATION HOSTED BY THE CONNEXFM DIVERSITY, EQUITY, AND INCLUSION (DEI) COMMITTEE. AND THE DEI COMMITTEE DELIVERED A PRESENTATION AT CONNEX2021.- EXPANDED ONLINE EDUCATION AND ENGAGEMENT VIA THE DAILYGRIND HOSTED OVER 200 EPISODES.-HOSTED OVER 50 WEBINARS, ROUNDTABLES, TOWN HALLS, NETWORKING EVENTS, AND MEMBER TOURS WITH OVER 1,400 MEMBER ATTENDEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Yanek CEO | Officer | 40 | $244,834 |
Leeann Norton Vp, Global Events | 40 | $184,512 | |
Stephanie Moon Vp, Knowledge & Resources | 40 | $155,786 | |
Shana Thomas Vp, Marketing | 40 | $139,379 | |
Anne Aleman Director, Resources & Training Development | 40 | $104,184 | |
Jordan Campbell Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Higher Logic Llc Web Development | 12/30/18 | $110,150 |
Euclid Technology Llc Ams Development | 12/30/18 | $213,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $385,854 |
| 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 | $385,854 |
| Total Program Service Revenue | $4,414,279 |
| Investment income | $83,028 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $249,747 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,149,487 |
| 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. | $253,712 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,641,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $203,858 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,135 |
| Fees for services: Accounting | $104,219 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,208 |
| Fees for services: Other | $281,240 |
| Advertising and promotion | $19,144 |
| Office expenses | $278,909 |
| Information technology | $437,946 |
| Royalties | $0 |
| Occupancy | $170,753 |
| Travel | $165,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,437,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,649 |
| Insurance | $10,023 |
| All other expenses | $17,323 |
| Total functional expenses | $5,469,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $416,976 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,285 |
| 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 | $146,758 |
| Net Land, buildings, and equipment | $363,351 |
| Investments—publicly traded securities | $5,115,017 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,403 |
| Other assets | $31,626 |
| Total assets | $6,167,916 |
| Accounts payable and accrued expenses | $163,274 |
| Grants payable | $0 |
| Deferred revenue | $2,103,424 |
| 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 | $385,800 |
| Other liabilities | $348,212 |
| Total liabilities | $3,000,710 |
| Net assets without donor restrictions | $3,167,206 |
| 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 | $6,167,916 |
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