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Nonprofiteer
← PROJECT MANAGEMENT INSTITUTE INC

Form 990 for tax year 2022

Filed by PROJECT MANAGEMENT INSTITUTE INC.

Totals

Total revenue
$267,259,122
Total expenses
$333,631,787
Contributions and grants received
$0
Grants paid
$9,619,950
Program service revenue
$250,763,083
Investment income
-$8,417,827
Other revenue
$24,913,866
Total assets, end of year
$620,363,012
Total liabilities, end of year
$132,214,987
Net assets or fund balances, end of year
$488,148,025
Program services expenses (Part IX)
$0
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MICHAEL DEPRISCO

    PRESIDENT & CEO (JAN - JULY)

    Total calculated
    $1,060,114
    From this org
    $1,013,878
    From related orgs
    $0
    Other
    $46,236
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $691,228
    Bonus
    $322,650
    Other
    $0
    Deferred
    $20,422
    Nontaxable benefits
    $25,814
    Filer's total
    $1,060,114

  • JOSEPH J CAHILL

    CHIEF CUSTOMER OFFICER

    Total calculated
    $725,518
    From this org
    $695,068
    From related orgs
    $0
    Other
    $30,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $501,719
    Bonus
    $193,349
    Other
    $0
    Deferred
    $20,685
    Nontaxable benefits
    $9,765
    Filer's total
    $725,518

  • Sunil Prashara

    FORMER PRESIDENT & CEO

    Total calculated
    $552,466
    From this org
    $552,466
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $552,466
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $552,466

  • YONG TAO CHEN

    MANAGING DIRECTOR, CHINA

    Total calculated
    $542,333
    From this org
    $0
    From related orgs
    $501,148
    Other
    $41,185
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $393,494 related
    Bonus
    $0 + $107,654 related
    Other
    $0
    Deferred
    $0 + $41,185 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $542,333 related

  • DAVID L GARRETT

    CHIEF STRATEGY & GROWTH OFFICE

    Total calculated
    $523,916
    From this org
    $496,312
    From related orgs
    $0
    Other
    $27,604
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $358,653
    Bonus
    $137,659
    Other
    $0
    Deferred
    $19,262
    Nontaxable benefits
    $8,342
    Filer's total
    $523,916

  • CHRISTINE MILLAWAY

    CFO

    Total calculated
    $495,343
    From this org
    $477,893
    From related orgs
    $0
    Other
    $17,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $346,268
    Bonus
    $131,625
    Other
    $0
    Deferred
    $14,185
    Nontaxable benefits
    $3,265
    Filer's total
    $495,343

  • DOROTHY MCKELVY

    VP, GLOBAL TALENT

    Total calculated
    $439,223
    From this org
    $421,773
    From related orgs
    $0
    Other
    $17,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $313,023
    Bonus
    $108,750
    Other
    $0
    Deferred
    $14,185
    Nontaxable benefits
    $3,265
    Filer's total
    $439,223

  • Mary P Kessler

    VP of Global Engagement

    Total calculated
    $390,321
    From this org
    $343,271
    From related orgs
    $0
    Other
    $47,050
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,231
    Bonus
    $67,040
    Other
    $0
    Deferred
    $28,985
    Nontaxable benefits
    $18,065
    Filer's total
    $390,321

  • MARK BROOME

    CHIEF DATA OFFICER

    Total calculated
    $386,971
    From this org
    $369,521
    From related orgs
    $0
    Other
    $17,450
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,771
    Bonus
    $48,750
    Other
    $0
    Deferred
    $14,185
    Nontaxable benefits
    $3,265
    Filer's total
    $386,971

  • Pierre Le Manh

    PRESIDENT & CEO (AUG- DEC)

    Total calculated
    $377,832
    From this org
    $360,382
    From related orgs
    $0
    Other
    $17,450
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $260,382
    Bonus
    $100,000
    Other
    $0
    Deferred
    $14,185
    Nontaxable benefits
    $3,265
    Filer's total
    $377,832

  • Abdullah S Wright

    Chief Strategy Officer

    Total calculated
    $359,521
    From this org
    $320,021
    From related orgs
    $0
    Other
    $39,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,031
    Bonus
    $35,990
    Other
    $0
    Deferred
    $25,210
    Nontaxable benefits
    $14,290
    Filer's total
    $359,521

  • RICARDO TRIANA

    MGMT Director Latin America

    Total calculated
    $357,338
    From this org
    $326,888
    From related orgs
    $0
    Other
    $30,450
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,028
    Bonus
    $63,860
    Other
    $0
    Deferred
    $20,685
    Nontaxable benefits
    $9,765
    Filer's total
    $357,338

  • Daniel Conrad

    VP, GENERAL COUNSEL & CORP SEC

    Total calculated
    $337,394
    From this org
    $265,944
    From related orgs
    $0
    Other
    $71,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $230,944
    Bonus
    $35,000
    Other
    $0
    Deferred
    $41,185
    Nontaxable benefits
    $30,265
    Filer's total
    $337,394

  • SIERRA HAMPTON-SIMMONS

    Vice President, Products

    Total calculated
    $294,350
    From this org
    $251,142
    From related orgs
    $0
    Other
    $43,208
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $225,880
    Bonus
    $25,262
    Other
    $0
    Deferred
    $27,064
    Nontaxable benefits
    $16,144
    Filer's total
    $294,350

  • MARJORIE H GORDON

    INT VP, GEN COUNSEL & CORP SEC

    Total calculated
    $293,675
    From this org
    $252,045
    From related orgs
    $0
    Other
    $41,630
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $236,757
    Bonus
    $15,288
    Other
    $0
    Deferred
    $26,275
    Nontaxable benefits
    $15,355
    Filer's total
    $293,675

  • JENNIFER THARP

    CHAIR

    Total calculated
    $0
    Hours/week
    12

  • AGNIESZKA MARIA GASPERINI

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • ROBERTO TOLEDO

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • MATTHEW TOMLINSON

    STRATEGY OVERS COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    6

  • PABLO LLEDO

    AUDIT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    6

  • TEJAS SURA

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • IKE NWANKWO

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • TONY APPLEBY

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • SARINA ARCARI

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • GALEN TOWNSON

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • LUANN PICCARD

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    6

  • ANCA E SLUSANSCHI

    COMPENSATION COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    6

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A:
LISTED PERSONS WHO INCUR TRAVEL EXPENSES ARE RESPONSIBLE FOR COMPLYING WITH THE TRAVEL POLICY. ALL INDIVIDUALS SUBMITTING EXPENSES NOT IN COMPLIANCE WITH THIS POLICY RISK DELAY IN PAYMENT AND/OR PARTIAL OR FORFEITED REIMBURSEMENT. REGIONAL AIR TRAVEL WILL BE IN COACH CLASS. AIR TRAVEL THAT IS GREATER THAN 4 HOURS TO THE DESTINATION (NOT CALCULATING LAYOVERS INTO THIS NUMBER, BUT POINT TO POINT TRAVEL), WILL BE IN BUSINESS CLASS. SHOULD A TRAVELER DESIRE FIRST CLASS, ANY ADDITIONAL EXPENSES FROM THIS TYPE OF REQUEST WILL BE PAID BY THE TRAVELER AND MUST BE PAID TO PMI AT THE TIME OF CONFIRMATION. A LIST OF ATTENDEES AUTHORIZED TO TRAVEL ON PMI-RELATED BUSINESS MUST BE GIVEN TO PMI'S IN-HOUSE TRAVEL CONSULTANT IN ADVANCE BY THE MEETING HOST. TRAVEL FOR COMPANIONS: THE PRESIDENT AND CEO'S EMPLOYMENT AGREEMENT INCLUDES REIMBURSEMENT FOR LIMITED, QUALIFIED SPOUSAL TRAVEL. THESE BENEFITS ARE INCLUDED AS COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: PMI REQUIRES THAT EXECUTIVES SUBMIT THEIR EXPENSE WITH DOCUMENTATION OF A RECEIPT SHOWING PAYMENT FOR A WELLNESS BENEFIT (EX. GYM MEMBERSHIP, WEIGHT LOSS PROGRAM, PERSONAL TRAINER, ETC.). PMI RETAINS SUPPORTING DOCUMENTATION FOR THESE FEES AND ALL BENEFITS ARE INCLUDED IN THE RESPECTIVE EMPLOYEE'S W-2 WAGES.
PART I, LINE 4A:
PER THE TERMS OF HIS EMPLOYMENT AGREEMENT, SUNIL PRASHARA RECEIVED $552,466 IN SEVERANCE PAYMENTS IN 2022.

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PMI EUROPE LIMITED

    C CORP · HOLDING COMPANY · UK · 100% owned · share of income $5,922,176 · share of assets $1,492,988 · controlled entity

    Directly controlled by PMI

  • PMI CANADA

    C CORP · BENCHMARKING · CA · 100% owned · share of income $2,375,331 · share of assets $416,259 · controlled entity

    Directly controlled by PMI

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349311151

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