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← SOCIETY FOR MANAGEMENT INFORMATION SYSTEMS

Form 990 for tax year 2022

Filed by SOCIETY FOR MANAGEMENT INFORMATION SYSTEMS.

Totals

Total revenue
$3,517,298
Total expenses
$3,334,251
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,511,358
Investment income
$5,940
Other revenue
$0
Total assets, end of year
$1,112,535
Total liabilities, end of year
$2,202,504
Net assets or fund balances, end of year
-$1,089,969
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: REG LEADERSHIP FORUM

    total $2,183,080 · related or exempt $2,183,080

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $533,460 · related or exempt $533,460

  • 2c · Program service revenue: ADV PRACTICES COUNCIL

    total $488,750 · related or exempt $488,750

  • 2f · All other program service revenue

    total $306,068 · related or exempt $165,693 · excluded $140,375

  • 3 · Investment income

    total $14,500 · excluded $14,500

  • 7b · Less cost or other basis and sales expenses

    securities $8,560

  • 7c · Gain or loss

    securities -$8,560

  • 7d · Net gain or loss

    total -$8,560 · excluded -$8,560

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $281,929

  • 7 · Other salaries and wages

    total $141,464

  • 10 · Payroll taxes

    total $27,239

  • 11a · Fees: management

    total $287,066

  • 11f · Fees: investment management

    total $3,074

  • 11g · Fees: other

    total $79,976

  • 12 · Advertising and promotion

    total $253,442

  • 13 · Office expenses

    total $116,347

  • 14 · Information technology

    total $95,517

  • 17 · Travel

    total $223,187

  • 19 · Conferences, conventions and meetings

    total $535,753

  • 22 · Depreciation, depletion and amortization

    total $22,962

  • 23 · Insurance

    total $11,916

  • 24a · Other expenses: PROGRAM DIRECTOR & OTHE

    total $857,687

  • 24b · Other expenses: LOCAL FORUM EXPENSES

    total $96,915

  • 24c · Other expenses: MISCELLANEOUS

    total $94,762

  • 24d · Other expenses: PROGRAM SERVICE EXPENSE

    total $76,201

  • 24e · All other expenses

    total $128,814

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $757,573 · end of year $402,239

  • 2 · Savings and temporary cash investments

    beginning of year $9,094 · end of year $8,352

  • 9 · Prepaid expenses and deferred charges

    beginning of year $183,847 · end of year $187,827

  • 11 · Investments: publicly traded securities

    beginning of year $520,850 · end of year $474,688

  • 14 · Intangible assets

    beginning of year $62,391 · end of year $39,429

  • 17 · Accounts payable and accrued expenses

    beginning of year $187,487 · end of year $270,312

  • 19 · Deferred revenue

    beginning of year $2,069,646 · end of year $1,408,008

  • 23 · Secured mortgages and notes payable

    beginning of year $500,000 · end of year $524,184

  • 27 · Net assets without donor restrictions

    beginning of year -$1,223,378 · end of year -$1,089,969

Mission and programs · 2022

Mission

SIM BRINGS TOGETHER I.T. LEADERS TO SHARE, NETWORK AND GIVE BACK TO THEIR COMMUNITIES THROUGH THE COLLABORATION OF LOCAL CHAPTERS.

Activities or mission (Part I)

TO BRING I.T. LEADERS TOGETHER TO SHARE, NETWORK & GIVE BACK TO THEIR COMMUNITIES.

  • ADVANCED PRACTICES COUNCIL (APC) - AN EXCLUSIVE MEMBERSHIP PROGRAM FOR SENIOR IT EXECUTIVES THAT PROVIDES A TRUSTED NETWORK OF EXECUTIVE PEERS COMBINED WITH CUSTOMIZED RESEARCH ON MEMBER-CHOSEN TOPICS BY THE BEST RESEARCHERS WORLDWIDE.

  • REGIONAL LEADERSHIP FORUM (RLF) -IS AN INTENSIVE, TEN-MONTH LEADERSHIP DEVELOPMENT PROGRAM FOCUSED ON CREATING AUTHENTIC LEADERS. RLF USES AN EXPERIMENTAL LEARNING ENVIRONMENT INTRODUCING PARTICIPANTS TO NEW CONCEPTS WHILE ENHANCING INTERPERSONAL SKILLS AND CREATING A SENSE OF MISSION. THE RLF CURRICULUM OFFERS PARTICIPANTS AN OPEN EXCHANGE ON LEADERSHIP APPROACHES AND PRACTICES. THE RLF SESSIONS ARE DEDICATED TO THE INTERACTIVE LEARNING ENVIRONMENT TO DEVELOP PARTICIPANTS' LEADERSHIP, TEAM-BUILDING, CREATIVE THINKING, LISTENING SKILLS, GLOBAL BUSINESS SKILLS, AND KNOWLEDGE OF BUSINESS ETHICS.

  • SIM EXECUTIVE LEADERSHIP RETREAT - BY BRINGING I.T. LEADERS TOGETHER TO DISCUSS CURRENT BUSINESS ISSUES, IDENTIFY INDUSTRY BEST PRACTICES, AND LAY THE FOUNDATION FOR DEVELOPING BUSINESS ALLIANCES, SIM EXECUTIVE LEADERSHIP RETREAT, SIM'S EXCLUSIVE ANNUAL EVENT, IS AN OPPORTUNITY FOR NETWORKING AND DEVELOPMENT. ITS UNIQUE PROGRAM FEATURES AN UNBIASED AGENDA THAT IS DESIGNED BY AND FOR CIO'S, ALLOWING ATTENDEES TO LEARN FROM OTHERS IN AN ATMOSPHERE OF CANDOR AND TRUST.

As filed on the 2022 return.

Listed in Part VII

  • Joel Schwalbe

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    5
  • Leo Pellerin

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Joe Bruhin

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Rich Hook

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Steve Heilenman

    DIRECTOR, CHAPTER REP

    Total calculated
    $0
    Hours/week
    2
  • James Bowen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Susan Malisch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Buccola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Toni Harrison-Hogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joan Holman

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Mark Taylor

    CHIEF EXECUTIVE

    Total calculated
    $281,929
    From this org
    $244,259
    From related orgs
    $0
    Other
    $37,670
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,259
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,670
    Filer's total
    $281,929

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SIM FOUNDATION

    501(C)(3) · FUNDING OF EDUCATIONAL, RESEARCH & OTHER ACTIVITIES. · IL · controlled entity

    Directly controlled by SOCIETY FOR INFORMATION MANAGEMENT

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349332200

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