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← PROJECT MANAGEMENT INSTITUTE

Form 990 for tax year 2023

Filed by PROJECT MANAGEMENT INSTITUTE.

Totals

Total revenue
$99,189
Total expenses
$75,435
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$88,303
Investment income
$297
Other revenue
$10,589
Total assets, end of year
$532,404
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$532,404
Program services expenses (Part IX)
$62,878
Management and general expenses
$12,557
Fundraising expenses
$0
Program service expenses (Part III)
$62,878

Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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: MEMBERSHIP DUES

    total $66,592 · related or exempt $66,592

  • 2b · Program service revenue: PROGRAM SERVICE REVENU

    total $21,711 · related or exempt $21,711

  • 3 · Investment income

    total $297 · excluded $297

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $9,759 · related or exempt $9,759

  • 11b · Other revenue: CREDIT CARD REWARDS

    total $830 · excluded $830

  • 11e · Other revenue, total

    $10,589

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $7,817 · management and general $7,817

  • 13 · Office expenses

    total $348 · management and general $348

  • 14 · Information technology

    total $1,629 · program services $1,629

  • 16 · Occupancy

    total $4,192 · management and general $4,192

  • 17 · Travel

    total $8,118 · program services $8,118

  • 19 · Conferences, conventions and meetings

    total $7,970 · program services $7,970

  • 23 · Insurance

    total $200 · management and general $200

  • 24a · Other expenses: MEETING EXPENSES

    total $13,753 · program services $13,753

  • 24b · Other expenses: MEMBERSHIP EXPENSES

    total $10,626 · program services $10,626

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $6,454 · program services $6,454

  • 24d · Other expenses: COMMUNICATION EXPENSES

    total $5,740 · program services $5,740

  • 24e · All other expenses

    total $8,588 · program services $8,588

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $289,296 · end of year $162,786

  • 2 · Savings and temporary cash investments

    beginning of year $219,354 · end of year $369,618

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $508,650 · end of year $532,404

Mission and programs · 2023

Mission

TO PROVIDE OPPORTUNITIES FOR INDIVIDUAL GROWTH IN PROJECT MANAGEMENT AND INCREASE CORPORATE AWARENESS OF THE PROJECT MANAGEMENT PROFESSION.

Activities or mission (Part I)

SCHEDULE OTHE ORGANIZATION'S MISSION IS TO PROVIDE OPPORTUNITIES FOR INDIVIDUAL GROWTH IN PROJECT MANAGEMENT AND INCREASE CORPORATE AWARENESS OF PROJECT MANAGEMENT PROFESSION. PMI-LA WILL BE RECOGNIZED AS A PREMIER PMI CHAPTER FOR THE ADVANCEMENT OF PROJECT MANAGEMENT AND A BENCHMARK FOR OTHER PMI CHAPTERS.

  • PMI IS THE LEADING GLOBAL ASSOCIATION FOR THE PROJECT MANAGEMENT PROFESSION. PMI SETS INDUSTRY STANDARDS, CONDUCTS RESEARCH AND PROVIDES EDUCATION, CERTIFICATION AND PROFESSIONAL EXCHANGE OPPORTUNITIES DESIGNED TO STRENGTHEN AND FURTHER ESTABLISH THE PROFESSION. PMI ADVANCES THE CAREERS OF PRACTITIONERS, WHILE ENHANCING OVERALL BUSINESS AND GOVERNMENT PERFORMANCE, THROUGH DOCUMENTATION OF RETURN ON INVESTMENT. PMI HAS MORE THAN 600,000 MEMBERS AND OVER 900,000 PMPS (PROJECT MANAGEMENT PROFESSIONAL CERTIFICATION) IN OVER 208 COUNTRIES. WITHIN LOS ANGELES, THERE ARE OVER 2,000 PMI CHAPTER MEMBERS.

    Expenses $62,878 · Revenue $98,062

As filed on the 2023 return.

Listed in Part VII

  • Deby Covey

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10.79
  • Alexandra Isherwood

    VP OPERATIONS/PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    2.88
  • Vicken Madenian

    VP TECHNOLOGY

    Total calculated
    $0
    Hours/week
    9.03
  • James Jackson

    VP CAREER DEVELOPMENT

    Total calculated
    $0
    Hours/week
    5.63
  • David Daon

    VP PROGRAMS

    Total calculated
    $0
    Hours/week
    8.26
  • Meeta Autrey

    VP FINANCE

    Total calculated
    $0
    Hours/week
    4.82
  • Eric Brown

    VP PMO/ADMIN

    Total calculated
    $0
    Hours/week
    2.28
  • Eleanor Ross

    VP MEMBERSHIP

    Total calculated
    $0
    Hours/week
    0
  • Nancy Watanabe

    VP MEMBERSHIP

    Total calculated
    $0
    Hours/week
    2.91
  • Svetlana Averbukh

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1.74
  • Parash Sharma

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • Barb Cooke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    7.6
  • Aj Jafari

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.42
  • Kay Rathfelder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.54

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
28 May 2024
IRS schema version
2023v5.0
Source object
202431499349301068

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