Project Management Institute - Delaware Valley Chapter
- Assets
- $847.3k
- Revenue
- $200.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Drexel Hill, PA
- Founding
- Data as of
- 12/2021
- 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 12/2021, Project Management Institute - Delaware Valley Chapter generated $200.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $164.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PMI DELAWARE VALLEY CHAPTER WILL PROVIDE A FORUM FOR PROJECT MANAGEMENT PROFESSIONALS TO PROMOTE THE PRINCIPLES OF THE PROJECT MANAGEMENT INSTITUTE THROUGH NETWORKING WITH OTHER PROJECT MANAGEMENT PROFESSIONALS, SHARING PROJECT EXPERIENCES, PROVIDING AND RECEIVING TRAINING, AND SUPPORTING PROJECT MANAGEMENT PROFESSIONAL IN THEIR CERTIFICATION EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO COVID-19 RESTRICTIONS, THE ORGANIZATION, WHICH NORMALLY HOLDS MORE THAN TWELVE MEETINGS EACH YEAR, FEATURING SPEAKERS ON VARIOUS PROJECT MANAGEMENT SUBJECTS, HELD TWO MEETINGS. SPEAKERS ADDRESSED NEW CONCEPTS AND RELATED PROJECT MANAGEMENT EXPERIENCES.,
THE ORGANIZATION CONDUCTED TWO PRIMARY EDUCATIONAL EVENTS, PROFESSIONAL DEVELOPMENT DAYS (PPD'S), FOR BOTH MEMBERS AND NON-MEMBERS. THE PURPOSE OF THESE EVENTS IS TO GIVE LOCAL PROJECT MANAGERS AN OPPORTUNITY TO PARTICIPATE IN AN INTENSIVE STUDY OF A PROJECT MANAGEMENT CONCEPT OR TOOL. A NATIONALLY KNOWN EXPERT IN THE SUBJECT OF THE DAY IS BROUGHT TO THE LOCAL AREA TO CONDUCT THE PROGRAMS. THESE FULL DAY EDUCATIONAL PROGRAMS ARE RECOGNIZED BY THE PROJECT MANAGEMENT INSTITUTE AS QUALIFYING FOR WORLDWIDE ACCEPTANCE AS EDUCATIONAL "PROFESSIONAL DEVELOPMENT UNITS."
THE ORGANIZATION OFFERED WORKSHOP MATERIALS AND PRESENTED FULL-DAY PROFESSION-ORIENTED TRAINING WORKSHOPS FOR MEMBERS AND THE PUBLIC.
EXPLANATION: THE ORGANIZATION CONDUCTED THREE NETWORKING SESSIONS TO PROVIDE MEMBERS A FORUM TO SHARE EXPERIENCES AND BUSINESS OPPORTUNITIES.EXPLANATION: THE ORGANIZATION PUBLISHED REGULAR ELECTRONIC NEWSLETTERS FOR MEMBERS AND THE PROFESSION AND ESTABLISHED AND MAINTAINED AN INORMATIVE WEBSTE FOR MEMBERS AND THE PUBLIC CONTAINING INFORMATION ABOUT PROJECT MANAGEMENT, THE PROFESSION, AND THE ORGANIZATION. THE ORGANIZATION ALSO OFFERED COURSES ON THE FOUNDATIONS OF PROJECT MANAGEMENT AND STARTED PILOT PROGRAMS AT THE SCHOOL LEVEL INCLUDING COURSES LEADING TO PROFESSIONAL CERTIFICATION.EXPLANATION: THE ORGANIZATION PROVIDED UNRESTRICTED SCHOLARSHIP GRANTS TO INDIVIDUALS SEEKING UNDERGRADUATE AND GRADUATE DEGREES AT THE PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION -- AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.EXPLANATION: VARIOUS EDUCATIONAL AND PROJECT EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Burns President | Officer | 10 | $0 |
Dr Frank Anbari Executive Vice President | Officer | 10 | $0 |
Lana Rudolph Secretary | Officer | 10 | $0 |
Brendan Davis Treasurer | Trustee | 10 | $0 |
Maria Hegarty Director | Trustee | 5 | $0 |
Ken Golkin Director | Trustee | 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 | $120,331 |
| Investment income | $35,865 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,839 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $200,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $2,500 |
| 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 | $33,900 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,218 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,289 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,853 |
| Office expenses | $3,701 |
| Information technology | $16,054 |
| 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 | $9,830 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $164,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,798 |
| Savings and temporary cash investments | $105,308 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $734,235 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,341 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $847,341 |
| 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 | $847,341 |
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 |
Newtown Square, PA PURPOSE: UNRESTRICTED CONTRIBUTION | $0 |
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