TURNAROUND MANAGEMENT ASSOCIATION

Mission

THE ASSOCIATION PROVIDES EDUCATIONAL OPPORTUNITIES AND NETWORKING FORUMS TO EXCHANGE INFORMATION, IDEAS, AND KNOWLEDGE ABOUT CORPORATE RENEWAL AND THE TURNAROUND INDUSTRY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer

Above 90th percentile

$454k

$503k

Base: $363k
Bonus: $75k
Other: —
Benefits: $11k

Senior Director, Finance

Chief Financial Officer

Median to 75th percentile

$171k

$190k

Base: $138k
Bonus: $21k
Other: —
Benefits: $3k

Director of Marketing

Director (Operational)

75th to 90th percentile

$150k

$166k

Base: $112k
Bonus: $17k
Other: —
Benefits: $16k

Director of Sponsorship and Business Development

Chief Development Officer

25th percentile to median

$135k

$149k

Position	Base	Bonus	Other	Benefits	Total
Chief Executive Officer Above 90th percentile	$363k	$75k	—	$11k	$454k $503k
Senior Director, Finance Chief Financial Officer Median to 75th percentile	$138k	$21k	—	$3k	$171k $190k
Director of Marketing Director (Operational) 75th to 90th percentile	$112k	$17k	—	$16k	$150k $166k
Director of Sponsorship and Business Development Chief Development Officer 25th percentile to median	—	—	—	—	$135k $149k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

FAQ

Common questions about TURNAROUND MANAGEMENT ASSOCIATION

What does the Chief Executive Officer of TURNAROUND MANAGEMENT ASSOCIATION earn?

In 2023, the Chief Executive Officer of TURNAROUND MANAGEMENT ASSOCIATION received $453,649 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TURNAROUND MANAGEMENT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at TURNAROUND MANAGEMENT ASSOCIATION falls in the top 10%.

What are TURNAROUND MANAGEMENT ASSOCIATION's revenue and expenses?

In 2023, TURNAROUND MANAGEMENT ASSOCIATION reported $5.1M in total revenue and $5.2M in total expenses on its IRS Form 990.

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