National Management Assoc
- Assets
- $465.1k
- Revenue
- $326.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Fort Worth, TX
- Founding
- 02/1945
- Data as of
- 12/2020
- EIN
- 75-6036756
Organization Overview
National Management Assoc is located in Fort Worth, TX. The organization was established in 1945. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, National Management Assoc employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Management Assoc 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 12/2020, National Management Assoc generated $326.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $253.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER PROFESSIONALS FOR COMMUNITY ACTIVITIES AND SERVICE. DEVELOPMENT OF MEMBER PROFESSIONAL SKILLS. DEVELOPMENT OF CAMARADERIE OF MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF MEMBER PROFESSIONAL SKILLS, INDIVIDUAL, PERSONAL, MANAGEMENT LEADERSHIP THROUGH EDUCATION, MEETINGS AND SEMINARS, ORGANIZATIONAL AND VOLUNTEER INVOLVEMENT. PROVIDE COLLEGE SCHOLARSHIP GRANTS TO 4 GRADUATING HIGH SCHOOL SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Flores Office Maanger | 20 | $25,059 | |
Catherine Mcgehee Office Manager | 20 | $7,058 | |
Tim Oconnor Secretary | Officer | 40 | $0 |
Angela Fallon Member | Officer | 20 | $0 |
Michelle Bideler Treasurer | Officer | 40 | $0 |
Chantay White Taylor Member | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $295,693 |
| Fundraising events | $9,034 |
| 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 | $304,727 |
| Total Program Service Revenue | $1,159 |
| Investment income | $20,227 |
| 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 | $326,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,632 |
| 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 | $32,276 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,961 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,070 |
| Fees for services: Other | $6,000 |
| Advertising and promotion | $16,603 |
| Office expenses | $2,432 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,000 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $722 |
| All other expenses | $19,315 |
| Total functional expenses | $253,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,094 |
| Savings and temporary cash investments | $259,963 |
| 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 | $465,057 |
| 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 | $465,057 |
| 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 | $465,057 |
Grants Awarded
Over the last fiscal year, National Management Assoc has awarded $27,632 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
KIWI CO PURPOSE: STEM KITS DONATED TO SCHOOLS | $9,142 |
Fort Worth, TX PURPOSE: GENERAL DONATION | $5,990 |
Arlington, TX PURPOSE: GENERAL DONATION | $5,000 |
Fort Worth, TX PURPOSE: GENERAL DONATION | $2,600 |
Arlington, VA PURPOSE: GENERAL DONATION | $2,500 |
Triangle, VA PURPOSE: GENERAL DONATION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Warren Professional Building Corp Tulsa, OK | $132,862,964 | $24,638,017 |
Austin Dmo Inc Austin, TX | $5,498,359 | $10,223,243 |
National Association For Latino Community Asset Builders San Antonio, TX | $15,653,126 | $9,957,718 |
Canopy Nwa Fayetteville, AR | $1,335,488 | $1,244,224 |
Texas City Management Association Austin, TX | $820,001 | $706,278 |
Houston Resource Management Association Houston, TX | $1,094,210 | $951,057 |
Fort Worth Association For Financial Professionals Fort Worth, TX | $250,947 | $643,223 |
212 Catalysts Austin, TX | $81,153 | $404,465 |
Iberia Industrial Development Sfoundation New Iberia, LA | $397,335 | $556,634 |
Community Information Now San Antonio, TX | $124,009 | $344,676 |
Leadership Tyler Inc Tyler, TX | $138,054 | $330,441 |
National Management Assoc Fort Worth, TX | $465,057 | $326,113 |