Project Management Institute is located in Chesapeake, VA. 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 $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $75.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 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
ORGANIZATION PRESENTS CLASSES AND SPECIAL EVENTS TO EDUCATE MEMBERS AND THE PUBLIC REGARDING DEVELOPMENTS IN PROGRAM MANAGEMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natissa Oliver VP Finance | 4 | $0 | |
Martin White President | 4 | $0 | |
Shawn Chausee VP Volunteers | 4 | $0 | |
Emmanuel Fudzi VP Operations | 4 | $0 | |
Ming Gao VP Education | 4 | $0 | |
Scott Durdle President-Elect | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $28,663 |
| Membership dues | $43,823 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $73,996 |
| 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 | $915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $630 |
| Other expenses | $73,562 |
| Total expenses | $75,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,036 |
| Other assets | $0 |
| Total assets | $70,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,837 |