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← PROJECT MANAGEMENT INSTITUTE

Form 990 for tax year 2022

Filed by PROJECT MANAGEMENT INSTITUTE.

Totals

Total revenue
$70,463
Total expenses
$45,193
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$70,171
Investment income
$292
Other revenue
$0
Total assets, end of year
$508,650
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$508,650
Program services expenses (Part IX)
$37,023
Management and general expenses
$8,170
Fundraising expenses
$0
Program service expenses (Part III)
$37,023

Program services were 81.9% 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 $60,835 · related or exempt $60,835

  • 2b · Program service revenue: PROGRAM SERVICE REVENU

    total $9,336 · related or exempt $9,336

  • 3 · Investment income

    total $292 · excluded $292

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $4,461 · management and general $4,461

  • 14 · Information technology

    total $1,224 · program services $1,224

  • 16 · Occupancy

    total $3,640 · management and general $3,640

  • 17 · Travel

    total $6,762 · program services $6,762

  • 19 · Conferences, conventions and meetings

    total $4,060 · program services $4,060

  • 22 · Depreciation, depletion and amortization

    total $69 · management and general $69

  • 24a · Other expenses: COMMUNICATION EXPENSES

    total $5,663 · program services $5,663

  • 24b · Other expenses: MEMBERSHIP EXPENSES

    total $4,821 · program services $4,821

  • 24c · Other expenses: MEETING EXPENSES

    total $4,456 · program services $4,456

  • 24d · Other expenses: PROFESSIONAL DEVELOPMEN

    total $3,885 · program services $3,885

  • 24e · All other expenses

    total $6,152 · program services $6,152

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $264,245 · end of year $289,296

  • 2 · Savings and temporary cash investments

    beginning of year $219,066 · end of year $219,354

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

    $12,197

  • 10b · Land, buildings and equipment: accumulated depreciation

    $12,197

  • 10c · Land, buildings and equipment, net

    beginning of year $69 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $483,380 · end of year $508,650

Mission and programs · 2022

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 400,000 PMPS (PROJECT MANAGEMENT PROFESSIONAL CERTIFICATION) IN OVER 180 COUNTRIES. WITHIN LOS ANGELES, THERE ARE OVER 1800 PMI MEMBERS.

    Expenses $37,023 · Revenue $70,171

As filed on the 2022 return.

Listed in Part VII

  • Svetlana Averbukh

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4.48
  • Deby Covey

    VP OF OPERATIONS/PRESIDENT-ELEC

    Total calculated
    $0
    Hours/week
    8
  • Alexandra Isherwood

    VP PROGRAMS

    Total calculated
    $0
    Hours/week
    3.73
  • Oliver Grant

    VP PMO/ADMIN

    Total calculated
    $0
    Hours/week
    0.24
  • Richard Martinson

    VP TECHNOLOGY

    Total calculated
    $0
    Hours/week
    1.02
  • James Jackson

    VP CAREER DEVELOPMENT

    Total calculated
    $0
    Hours/week
    6.41
  • Eric Brown

    VP MEMBERSHIP

    Total calculated
    $0
    Hours/week
    1.3
  • Parash Sharma

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • Barb Cooke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6.46
  • Aj Jafari

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.9
  • Kay Rathfelder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.52

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
2022
Filed
4 August 2023
IRS schema version
2022v5.0
Source object
202302169349301450

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