Nonprofit · EIN 52-2139299
TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC
Tax-exempt · TOWSON, MD 21286
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $31,809 | $31,261 | $548 | $81,507 | $0 | $81,507 |
| December 31, 2024 | 990-EZ | $40,696 | $21,684 | $19,012 | $80,959 | $0 | $80,959 |
| December 31, 2023 | 990-EZ | $38,439 | $27,141 | $11,298 | $61,947 | $0 | $61,947 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $29,885
- Membership dues
- $4,976
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$16,729
- Other revenue
- $13,677
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $24,626
- Printing, publications and postage
- $635
- Other expenses
- $6,000
Balance sheet and other
- Total assets, start of year
- $80,959
- Total assets, end of year
- $81,507
- Total liabilities, end of year
- $0
- Net assets, end of year
- $81,507
- Cash, savings and investments
- $81,507
- Gross receipts
- $65,529
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wanya du Preez | President | 1 | $0 |
| Barbara Anderson | President Elect | 1 | $0 |
| Dennis Shaffer | Secretary | 1 | $0 |
| Carol Apicella | Treasurer | 1 | $0 |
| Peter Barrett | VP of Membership | 1 | $0 |
| John Robinson | VP of Programs | 1 | $0 |
| Mike Kain | VP of Programs | 1 | $0 |
| Wanya du Preez | VP of Programs | 1 | $0 |
| Hon Elizabeth Gunn | VP of Programs | 1 | $0 |
| Rosa Evergreen | VP of NOW | 1 | $0 |
| Ferris El-Rashed | NextGen Rep. | 1 | $0 |
| Steve Gerard | Chairperson | 1 | $0 |
| Jeff Manning | Director | 1 | $0 |
| Austin Steele | Director | 1 | $0 |
| Robert Westermann | Director | 1 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jodie Buchman | Director | 1 | $0 |
| Michael Alessi | Director | 1 | $0 |
| Richard Costella | Director Emeritus | 1 | $0 |
| Jim Kirschner | Director Emeritus | 1 | $0 |
| David Musgrave | Director Emeritus | 1 | $0 |
| Rob Patrick | Director Emeritus | 1 | $0 |
| Patti Latham | Director Emeritus | 1 | $0 |
| Hon Maria Ellena Chavez Ruark | Director Emeritus | 1 | $0 |
| Jim Van Horn | Director Emeritus | 1 | $0 |
990-EZ for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wanya du Preez | President | 1 | $0 |
| Barbara Anderson | President Elect | 1 | $0 |
| Dennis Shaffer | Secretary | 1 | $0 |
| Carol Apicella | Treasurer | 1 | $0 |
| Peter Barrett | VP of Membership | 1 | $0 |
| John Robinson | VP of Programs | 1 | $0 |
| Mike Kain | VP of Programs | 1 | $0 |
| Wanya du Preez | VP of Programs | 1 | $0 |
| Hon Elizabeth Gunn | VP of Programs | 1 | $0 |
| Rosa Evergreen | VP of NOW | 1 | $0 |
| Ferris El-Rashed | NextGen Rep. | 1 | $0 |
| Steve Gerard | Chairperson | 1 | $0 |
| Jeff Manning | Director | 1 | $0 |
| Austin Steele | Director | 1 | $0 |
| Robert Westermann | Director | 1 | $0 |
| Jodie Buchman | Director | 1 | $0 |
| Michael Alessi | Director | 1 | $0 |
| Richard Costella | Director Emeritus | 1 | $0 |
| Jim Kirschner | Director Emeritus | 1 | $0 |
| David Musgrave | Director Emeritus | 1 | $0 |
| Rob Patrick | Director Emeritus | 1 | $0 |
| Patti Latham | Director Emeritus | 1 | $0 |
| Hon Maria Ellena Chavez Ruark | Director Emeritus | 1 | $0 |
| Jim Van Horn | Director Emeritus | 1 | $0 |
990-EZ for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Gerard | President | 0 | $0 |
| Wanya du Preez | President Elect | 0 | $0 |
| Barbara Anderson | Secretary | 0 | $0 |
| Carol Apicella | Treasurer | 0 | $0 |
| Peter Barrett | VP of Membership | 0 | $0 |
| Wanya du Preez | VP of Programs | 0 | $0 |
| Mike Kain | VP of Programs | 0 | $0 |
| Rich Costella | VP of Programs | 0 | $0 |
| Rosa Evergreen | VP of NOW | 0 | $0 |
| Dave Gaffey | NextGen Rep. | 0 | $0 |
| Rob Patrick | Chairperson | 0 | $0 |
| Jim Kirschner | Director | 0 | $0 |
| Jeff Manning | Director | 0 | $0 |
| David Musgrave | Director | 0 | $0 |
| Austin Steele | Director | 0 | $0 |
| Dennis Shaffer | Director | 0 | $0 |
| John Robinson | Director | 0 | $0 |
| Hon Elizabeth Gunn | Director | 0 | $0 |
| Robert Westermann | Director | 0 | $0 |
| Jodie Buchman | Director | 0 | $0 |
| Michael Alessi | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 604 WORCESTER RD, TOWSON, MD 21286-7833
- In care of
- % KATHLEEN CUNNINGHAM
- Mailing address (990-N for 2022)
- 604 Worcester Road, Towson MD 21286
- Principal officer (990-N for 2022)
- Carol Apicella, 6345 Night Ripple Drive, Sykesville MD 21784
- Signed the 990-EZ
- Carol Apicella, Treasurer
- Phone
- (410) 321-6428
Mission
To serve as a forum for convening turnaround executives from all disciplines to exchange information, ideas, and knowledge on the turnaround business, through networking events, educational seminars and panels of industry experts.
Program accomplishments
- The Organization held over eight different educational and networking events in 2025 in the Baltimore, Washington D.C., and Richmond area. Near 100 member professionals were served by these activities in 2025 which were funded through sponsorship contributions and attendance fees. See Schedule G for more detail.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-2139299
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $81,507
- Income (IRS master file)
- $65,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $31,809 | $31,261 | $81,507 | IRS |
| 990-EZ | December 2024 | $40,696 | $21,684 | $80,959 | IRS |
| 990-EZ | December 2023 | $38,439 | $27,141 | $61,947 | XML |
| 990-N for 2022 Officer: Carol Apicella | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2139299).
Questions about TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC
- What is the EIN of TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC?
- The employer identification number (EIN) of TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC is 52-2139299.
- Is TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2007.
- Are donations to TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC?
- The 990-N for 2022 names Carol Apicella.
- Who are the officers and directors of TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC?
- The 990-EZ for the year ended December 31, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does TURNAROUND MANAGEMENT ASSOCIATION CHESAPEAKE CHAPTER INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $31,809, expenses of $31,261 and total assets of $81,507 at year end.
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