Project Management Institute
- Assets
- $92.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westborough, MA
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 05-0529824
Organization Overview
Project Management Institute is located in Westborough, MA. The organization was established in 2001. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Project Management Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Project Management Institute generated $21.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $21.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HELD 10 CHAPTER MEETINGS RETURNING TO IN PERSON MEETINGS THAT COVERED SEVERAL TOPICS FROM MANAGING VIRTUAL PROJECTS TO NEW REQUIREMENTS WITHIN MANAGEMENT. OFFERED MENTORSHIP PROGRAM FOR THE SECOND YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Carter President | 6 | $0 | |
Oreon Mode Past President | 6 | $0 | |
Michael Nollet Vice President | 6 | $0 | |
Elizabeth Holtsbery Treasurer | 6 | $0 | |
Jaya Bidkar Secretary | 6 | $0 | |
Alice Thayer Director At Large 1 | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,216 |
| Membership dues | $13,224 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,449 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,093 |
| Printing, publications, postage, and shipping | $223 |
| Other expenses | $9,364 |
| Total expenses | $21,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,187 |
| Other assets | $0 |
| Total assets | $92,187 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,187 |