Turnaround Management Association Minnesota Chapter
Public records raise at least one point you should look into before giving.
What it says it does
THE TURNAROUND MANAGEMENT ASSOCIATION, MINNESOTA CHAPTER (TMA/MN) IS A LOCAL CHAPTER OF THE INTERNATIONAL TMA ASSOCIATION (TMA). THE TMA SERVES AS A FORUM FOR CONVENING CORPORATE RENEWAL PROFESSIONALS FROM ALL DISCIPLINES TO EXCHANGE INFORMATION, IDEAS, AND KNOWLEDGE ON THE CORPORATE RENEWAL PROFESSION.
- Income
- $124,851
- Spending
- $112,861
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- 1. THE TURNAROUND MANAGEMENT ASSOCIATION, MINNESOTA CHAPTER(TMA/MN) IS A LOCAL CHAPTER OF THE INTERNATIONAL TMA ASSOCIATION (TMA). THE TMA SERVES AS A FORUM FOR CONVENING CORPORATE RENEWAL PROFESSIONALS FROM ALL DISCIPLINES TO EXCHANGE INFORMATION, IDEAS, AND KNOWLEDGE ON THE CORPORATE RENEWAL PROFESSION. THE TMA PROMOTES HIGH STANDARDS OF PROFESSIONAL PRACTICE AND IMPROVED METHODOLOGIES IN THE DISCIPLINE. THE TMA ALSO FOSTERS PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR CORPORATE RENEWAL PROFESSIONALS. IT SERVES AS A CLEARINGHOUSE OF INFORMATION AND RESEARCH PERTINENT TO THE PROFESSION AND PROMOTES THE IMAGE OF THE INTERNATIONAL TMA. THE TMA/MN CONDUCTS APPROXIMATELY 16 EVENTS A YEAR IN AND AROUND MINNEAPOLIS, MN FOCUSING ON THE FOLLOWING TOPICS: - NETWORKING OPPORTUNITIES FOR CORPORATE RENEWAL PROFESSIONALS; - EDUCATIONAL EVENTS-LEGAL/BANKRUPTCY, ACCOUNTING OR TURNAROUND CONSULTING TOPICS, - SPEAKERS OR PANELISTS THAT EDUCATE PROFESSIONALS ON THEIR WORK IN THE CORPORATE RENEWAL PROFESSION OR OTHER SPECIFIC TOPICS RELATED TO THE LOCAL OR NATIONAL ECONOMY. IN ADDITION, THE INTERNATIONAL TMA PROVIDES ANNUAL CONFERENCES, A WEBSITE, AN AWARD PROGRAM, AND A DIRECTORY LISTING OF ALL MEMBERS.2. THE TMA/MN RECEIVES SUPPORT FROM CORPORATE SPONSORS IN THE LOCAL COMMUNITY, AND A PERCENTAGE OF THE DUES PAID TO THE INTERNATIONAL TMA ORGANIZATION. FEES FROM PROFESSIONAL AND EDUCATIONAL EVENTS ARE PLANNED TO OFFSET THE EXPENSE OF CONDUCTING THESE EVENTS.3. EVENT SCHEDULEDATE : THURSDAY, JANUARY 18EVENT : SILICON VALLEY BANK PRESENTATIONLOCATION : IDS CONFERENCE CENTER~DATE : WEDNESDAY, JANUARY 24EVENT : GET TO KNOW TMA BREAKFASTLOCATION : ST. LOUIS PARK~DATE : FEBRUARY 6-9EVENT : DISTRESSED INVESTMENT CONFERENCELOCATION : LAS VEGAS~DATE : THURSDAY, FEBRUARY 29EVENT : HOW TO SELL REAL ESTATE IN THREE EASY STEPSLOCATION : MINNEAPOLIS CLUB~DATE : TUESDAY, MARCH 19EVENT : MARCH MADNESS HAPPY HOURLOCATION : THE LOOP WEST END~DATE : MARCH 17 - APRIL 8EVENT : 2ND ANNUAL CHARITY NCAA BRACKETLOCATION : VARIOUS~DATE : APRIL 7-9EVENT : MIDAMERICA REGIONAL CONFERENCELOCATION : GRAND RAPIDS~DATE : THURSDAY, MAY 9EVENT : ANNUAL TWINS NETWORKING EVENTLOCATION : TARGET FIELD~DATE : MAY 16EVENT : TMA NOW SUMMITLOCATION : CHICAGO~DATE : WEDNESDAY, JUNE 5EVENT : GET TO KNOW TMA BREAKFASTLOCATION : ST. LOUIS PARK~DATE : WEDNESDAY, JUNE 12EVENT : MEMBER & SPONSOR APPRECIATIONLOCATION : UNION ROOFTOP~DATE : WEDNESDAY, JUNE 26EVENT : ANNUAL NETWORKING ON THE DECKLOCATION : BROOKVIEW GOLDEN VALLEY~DATE : THURSDAY, JULY 18EVENT : ANNUAL GOLF/NETWORKING EVENTLOCATION : CRYSTAL LAKE GOLF CLUB~DATE : JULY 25EVENT : NEXT GEN LEADERSHIP CONFERENCELOCATION : TORONTO~DATE : THURSDAY, AUGUST 15EVENT : PARTNER EVENT W/FEILOCATION : CANTERBURY PARK~DATE : TUESDAY, SEPTEMBER 10EVENT : GET TO KNOW TMA BREAKFASTLOCATION : ST. LOUIS PARK~DATE : TUESDAY, SEPTEMBER 10EVENT : THERANOS, THE STORY UNFOLDSLOCATION : MINNEAPOLIS CLUB~DATE : WEDNESDAY, OCTOBER 2EVENT : 2024 CHAPTER AWARD CELEBRATION & NETWORKING EVENTLOCATION : MINNEAPOLIS CLUB~DATE : OCTOBER 15-18EVENT : ANNUAL CONFERENCELOCATION : PHILADELPHIA~DATE : THURSDAY, OCTOBER 24EVENT : ANNUAL BOD PLANNING MEETING/LUNCHEONLOCATION : MANNY'S STEAKHOUSE~DATE : THURSDAY, NOVEMBER 7EVENT : ANNUAL NETWORKING FOR CHARITYLOCATION : GOLDEN VALLEY COUNTRY CLUB~DATE : TUESDAY, NOVEMBER 12EVENT : ISLAND WINES OF THE MEDITERRANEANLOCATION : WELLS FARGO CENTER~DATE : THURSDAY, NOVEMBER 21EVENT : THE ART OF THE POSSIBLELOCATION : MINNEAPOLIS~DATE : WEDNESDAY, DECEMBER 4EVENT : UGLY SWEATER/NETWORKING FOR CHARITYLOCATION : THE LOOP WEST END
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.