Project Management Institute - Delaware Valley Chapter
- Assets
- $925.7k
- Revenue
- $228.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Drexel Hill, PA
- Founding
- Data as of
- 12/2023
- EIN
- 23-3065334
Organization Overview
Project Management Institute - Delaware Valley Chapter is located in Drexel Hill, PA. Project Management Institute - Delaware Valley Chapter 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 12/2023, Project Management Institute - Delaware Valley Chapter generated $228.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $250.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Project Management Institute - Delaware Valley Chapter has awarded 17 individual grants totaling $101,980. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ALIGN, ENGAGE, AND ENRICH PROJECT MANAGERS AND PRACTITIONERS IN THE DELAWARE VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE CHAPTER CONDUCTED VIRTUAL AND IN-PERSON MEETINGS FEATURING SPEAKERS WHO PRESENTED ON A VARIETY OF PROJECT MANAGEMENT SUBJECTS. THESE MEETINGS INCLUDED NETWORKING OPPORTUNITIES. ADDITIONALLY, THE CHAPTER CONDUCTED A VARIETY OF PROJECT MANAGEMENT CLASSES FOCUSED ON FOUNDATIONS IN PROJECT MANAGEMENT, PROJECT MANAGEMENT PROFESSIONAL (PMP) EXAM PREPARATION, AND CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM) EXAM PREPARATION CERTIFICATION CLASSES FOR MEMBER AND NON-MEMBERS. ALL CLASSES ARE DESIGNED TO HELP STUDENTS MEET EDUCATION REQUIREMENTS TO TAKE PMP AND CAPM EXAMINATIONS TO FURTHER THEIR PROJECT MANAGEMENT CAREERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Golkin Pmp President As Of Nov 2023 | OfficerTrustee | 10 | $0 |
Robert Cochran Pmp President To Oct 2023 | OfficerTrustee | 10 | $0 |
Richard Lobron Pmp Vice President | OfficerTrustee | 5 | $0 |
Marie Hegarty Pmp Vice President Of Membership | OfficerTrustee | 5 | $0 |
Frank Gorman JD Secretary | OfficerTrustee | 10 | $0 |
Richard Rinaldi Pmp Treasurer As Of Jan 2023 | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $186,767 |
| Investment income | $20,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,660 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $228,268 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,050 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,953 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,035 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,202 |
| Office expenses | $3,485 |
| Information technology | $28,709 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,220 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $250,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,950 |
| Savings and temporary cash investments | $18,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,805 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $869,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $925,705 |
| Accounts payable and accrued expenses | $11,507 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,507 |
| Net assets without donor restrictions | $914,198 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $925,705 |
Grants Awarded
Over the last fiscal year, Project Management Institute - Delaware Valley Chapter has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMWIC FOUNDATION PURPOSE: SCHOLARSHIP SUPPORT2016 SCHOLARSHIP AWARDS BANQUET SPONSOR | $0 |
PMI EDUCATIONAL FOUNDATION PURPOSE: UNRESTRICTED CONTRIBUTION | $0 |