Professional Managers Association INC FY2024 filing

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Promote the interests of federal Managers

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
87¢ of each $1 spent went to programs.
$30K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $29K a year · 19% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$30K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
32 mo
of spending, in cash
Looks good: 32.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$15K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$136K
-3% vs prior year
Spent
$182K
To programs
87%
Net assets
$498K
By yearFY2020–FY2025
Revenue
$136K
FY2024▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$153K
FY2021$175K
FY2022$146K
FY2023$140K
FY2024$136K
FY2025$150K
Expenses
$182K
FY2024▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$156K
FY2022Not on file
FY2023Not on file
FY2024$182K
FY2025$208K
Net assets
$498K
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$493K
FY2021$581K
FY2022$462K
FY2023$474K
FY2024$498K
FY2025$514K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $159K Management & general 13% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $30K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$30,460Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2022
Kelly Reyes$90,692$30,460—
Chad Hooper——$64,005

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for the professional interests of federal managers.

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Provided by the organization

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1 program · $159K · in their own filed words · FY2023
01

The organization lobbies and advocates for management officials and non-bargaining personnels interest by educating its membership by providing resources and professional skills. Educational grants are awarded to help continue education efforts.

$159Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $64K · 2020–2024
Unitemized GrantFY2024$20,000
Unitemized GrantFY2024$6,000
Unitemized GrantFY2023$12,500
FeeaVA · FY2020$25,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$136K
Ln 12
Gifts and grantsLn 1h$129K
Investment incomeLn 3$6K
Other incomeLn 4–11$199
Money outPt IX
$182K
Ln 25
Programscol B$159K
Managementcol C$23K
Owns and owesPt X
$498K
net assets · Ln 32
Cash and savingsLn 1–2$494K
Total assetsLn 16$513K
LiabilitiesLn 26$15K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$129K
Investment incomeLn 3$6K
Other incomeLn 4–11$199
Total revenueLn 12$136K
Assets in detailPt X, end of year
CashLn 1$484K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$494K
Land, buildings, equipmentLn 10c$19K
Total assetsLn 16$513K
LiabilitiesLn 26$15K
Net assetsLn 32$498K
OperationsPt I, VI
EmployeesI 50
VolunteersI 629
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$463K$494K
Land, buildings, equipmentLn 10c$18K$19K
Total assetsLn 16$484K$513K
LiabilitiesLn 26$10K$15K
Net assetsLn 32$474K$498K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$12K$12K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$66K$66K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$51K$51K
Accounting feesLn 11c$900$900
Lobbying feesLn 11d$0
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$20K$576$20K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$2K$600$1K
Information technologyLn 14$5K$5K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$13K$13K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$419$419
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2K$2K
All other expensesLn 24e$0
Total functional expensesLn 25$182K$159K$23K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $150K$208K−$58K$514K 990 PDF
FY2024 Viewing $136K$182K−$47K$498K 990 PDF
FY2023 $140K$474K 990 PDF
FY2022 $146K$462K 990 PDF
FY2021 $175K$156K$19K$581K 990 PDF
FY2020 $153K$493K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $135,564 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $132,394$129,372
I-9 Program service revenue$0
I-10 Investment incomePrior year $5,930$5,993
I-11 Other revenuePrior year $1,343$199
I-12 Total revenuePrior year $139,667$135,564
I-13 Grants and similar amounts paidPrior year $18,175$12,500
I-14 Benefits paid to members$0
I-15 Salaries and benefits$65,958
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $165,107$103,765
I-18 Total expensesPrior year $183,282$182,223
I-19 Revenue less expensesPrior year −$43,615−$46,659
Part VI · Governance 9 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $135,564 across 6 lines filed
VIII-1b Membership dues$124,872
VIII-1f All other contributions, gifts and grants$4,500
VIII-1h Total contributions, gifts and grants$129,372
VIII-3 Investment incomeExcluded from tax $5,993$5,993
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $199$199
VIII-12 Total revenueExcluded from tax $6,192$135,564
Part IX · Statement of functional expenses $182,223 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $12,500$12,500
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $65,958$65,958
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesPrograms $51,000$51,000
IX-11c Accounting feesManagement $900$900
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $1,285$1,285
IX-11g Other fees for servicesPrograms $576 · Management $19,800$20,376
IX-12 Advertising and promotionPrograms $5,555$5,555
IX-13 Office expensesPrograms $600 · Management $1,283$1,883
IX-14 Information technologyPrograms $5,265$5,265
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $13,389$13,389
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliatesPrograms $419$419
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $1,241$1,241
IX-24 Other expenses (24a–d)Programs $2,452$2,452
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $158,955 · Management $23,268$182,223
Part X · Balance sheet $513,330 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $462,501$483,731
X-2 Savings and temporary cash investments$10,033
X-4 Accounts receivableStart of year $4,000$500
X-10c Land, buildings and equipment, netStart of year $17,682$19,066
X-16 Total assetsStart of year $484,183$513,330
X-17 Accounts payable and accrued expensesStart of year $10,383$15,153
X-26 Total liabilitiesStart of year $10,383$15,153
X-27 Net assets without donor restrictionsStart of year $473,800$498,177
X-32 Total net assets or fund balancesStart of year $473,800$498,177
X-33 Total liabilities and net assetsStart of year $484,183$513,330
Part XI · Reconciliation of net assets $498,177 net assets at year end
XI-1 Total revenue$135,564
XI-2 Total expenses$182,223
XI-3 Revenue less expenses−$46,659
XI-4 Net assets at start of year$473,800
XI-5 Net unrealized gains (losses) on investments$71,036
XI-10 Net assets at end of year$498,177

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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