2024-11-20T10:11:11-06:00 2023-12-31 PWC US TAX LLP 2001 MARKET ST STE 1800 PHILADELPHIA PA 19103 990 2023-01-01 231887442 PROJECT MANAGEMENT INSTITUTE % MIKE MARKMAN PROJ 6103564600 18 CAMPUS BOULEVARD Suite 150 NEWTOWN SQUARE PA 19073 JANINE VAN STADEN TREASURER & CFO 6103564600 2024-11-20 true true ERICA R MCREYNOLDS P00977806 2673303000 2024-11-15 2023 2024-10-15 13:58:12Z PIERRE LE MANH 18 CAMPUS BLVD STE 150 NEWTOWN SQUARE PA 19073 392843639 false 3735 X WWW.PMI.ORG X 1969 PA SEE SCHEDULE O 12 12 724 12268 3004609 1197970 0 0 250763083 352620939 -8417827 20837255 24913866 18540551 267259122 391998745 9619950 10381800 0 0 97725807 107674480 0 0 0 226286030 242934513 333631787 360990793 -66372665 31007952 620363012 689388130 132214987 132128833 488148025 557259297 X Our mission is to provide Project Professionals and employers with knowledge platforms and resources, career-long learning and development, and gold-standard professional certifications. false false 0 CERTIFICATIONS - IN AN INCREASINGLY PROJECTIZED WORLD, PMI PROFESSIONAL CERTIFICATION ENSURES PROFESSIONALS ARE READY TO MEET THE DEMANDS OF PROJECTS AND EMPLOYERS ACROSS THE GLOBE. RECOGNIZED BY ORGANIZATIONS AND GOVERNMENTS AROUND THE WORLD, PMI CERTIFICATIONS PROVIDE THE OPPORTUNITY FOR PROJECT MANAGEMENT PRACTITIONERS TO DEMONSTRATE THEIR ACCOMPLISHMENTS THROUGH THE RIGOROUS EXAMINATION PROCESS. DEVELOPED BY PRACTITIONERS FOR PRACTITIONERS, PMI CERTIFICATIONS ARE BASED ON RIGOROUS STANDARDS AND ONGOING RESEARCH TO MEET THE REAL-WORLD NEEDS OF ORGANIZATIONS. WITH A PMI CERTIFICATION, PROFESSIONAL CAN WORK IN VIRTUALLY ANY INDUSTRY, ANYWHERE IN THE WORLD, AND WITH ANY PROJECT MANAGEMENT METHODOLOGY. WHEREVER A PROFESSIONAL IS IN THEIR CAREER, PMI HAS A CERTIFICATION. PMI'S GLOBALLY RECOGNIZED PROJECT MANAGEMENT PROFESSIONAL (PMP) CERTIFICATION IS THE MOST COVETED PROJECT MANAGEMENT CERTIFICATION, WITH NEARLY 1.6 MILLION PMP CERTIFICATION HOLDERS AROUND THE WORLD AS OF DECEMBER 2023. PMI ALSO OFFERS OTHER SPECIFIC CERTIFICATIONS, INCLUDING THE PMI PROFESSIONAL IN BUSINESS ANALYSIS (PMI-PBA), PROGRAM MANAGEMENT PROFESSIONAL (PGMP), PORTFOLIO MANAGEMENT PROFESSIONAL (PFMP), PMI RISK MANAGEMENT PROFESSIONAL (PMI-RMP), AND PMI SCHEDULING PROFESSIONAL (PMI-SP). PMI ALSO CERTIFIES NEWER PROJECT MANAGEMENT PRACTITIONERS THROUGH ITS CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM) CERTIFICATION. OVERALL, PMI YIELDED MORE THAN 1.6 MILLION GROSS CERTIFICATIONS AS OF DECEMBER 2023. 0 MEMBERSHIP - PMI IS THE WORLD'S LEADING ASSOCIATION FOR THE PROJECT MANAGEMENT PROFESSION, WITH MORE THAN 707,000 TOTAL MEMBERS IN MORE THAN 215 COUNTRIES AND TERRITORIES. PMI WORKS IN NEARLY EVERY COUNTRY AROUND THE WORLD TO ADVANCE CAREERS, IMPROVE ORGANIZATIONAL SUCCESS AND FURTHER MATURE THE PROJECT MANAGEMENT PROFESSION. MEMBERS HAVE ACCESS TO GLOBALLY-RECOGNIZED STANDARDS AND CERTIFICATIONS, COMMUNITIES, RESOURCES, TOOLS, ACADEMIC RESEARCH, EVENTS, PUBLICATIONS, PROFESSIONAL DEVELOPMENT COURSES, AND NETWORKING OPPORTUNITIES. ADDITIONALLY, MEMBERS RECEIVE DISCOUNTS ON PMI CREDENTIAL EXAMS AND CERTIFICATION RENEWAL FEES. 0 EVENTS AND SEMINARS - PMI HOSTS NUMEROUS TYPES OF EVENTS TO BRING TOGETHER PRACTITIONERS FROM AROUND THE WORLD TO NETWORK AND ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. THIS INCLUDES ANNUAL CONGRESSES IN EUROPE, AFRICA AND THE MIDDLE EAST (EMEA); SMALLER REGIONAL EVENTS IN ASIA PACIFIC AND LATIN AMERICAN; AS WELL AS REGULAR IN-DEPTH SEMINARS CALLED SEMINARSWORLD. AT PMIS ANNUAL GLOBAL CONFERENCE IN NORTH AMERICA, THOUSANDS OF PROJECT AND PROGRAM MANAGERS, CHAPTER LEADERS, AND BUSINESS PROFESSIONALS FROM AROUND THE WORLD COME TOGETHER TO SHARE KNOWLEDGE, STRENGTHEN COMMUNITY AND LEAD THE EVOLUTION OF THE PROJECT MANAGEMENT PROFESSION. ADDITIONALLY, PMI ANNUALLY HOSTS ITS PMO SYMPOSIUM, A MUST-ATTEND EVENT FOR PROGRAM, PORTFOLIO, PMO AND ORGANIZATIONAL PROJECT MANAGEMENT LEADERS RESPONSIBLE FOR THE SUCCESS OF THEIR ORGANIZATION'S KEY INITIATIVES. THE THREE-DAY EVENT SYMPOSIUM PROVIDES ATTENDEES WITH ACCESS TO PMO EXPERTS SO THAT THEY CAN LEARN, NETWORK, AND GAIN PRACTICAL, REAL-WORLD EXPERTISE TO TAKE THEIR PMOS TO THE NEXT LEVEL. 0 false false false true false false false false false true true false false true true false true false true true true false false false false false true false true false false false false false false false false false false true true true true false true 103 0 true 724 true true true true AS BE CA CH IN SN AE UK false false false false true false X 12 12 false false false false true true true true true false true true true true true true true true true true false X MIKE MARKMAN 6103564600 18 CAMPUS BOULEVARD STE 150 NEWTOWN SQUARE PA 190733299 X Pierre Le Manh PRESIDENT & CEO 50.0 5.0 X 1001656 0 38979 JOSEPH J CAHILL FORMER KEY EMPLOYEE 50.0 0.0 X 742316 0 9424 DAVID L GARRETT CHIEF STRATEGY & GROWTH OFFICE 50.0 0.0 X 466213 0 53782 YONG TAO CHEN MANAGING DIRECTOR, CHINA 50.0 0.0 X 0 505358 0 MARK BROOME CHIEF PRODUCT OFFICER 50.0 0.0 X 442705 0 51226 DOROTHY MCKELVY VP, GLOBAL TALENT 50.0 0.0 X 413316 0 38979 CHRISTINE MILLAWAY TREASURER (JAN-MARCH) 50.0 0.0 X 420838 0 20982 Abdullah S Wright Chief Strategy Officer 50.0 0.0 X 363085 0 48444 Daniel Conrad VP, GENERAL COUNSEL & CORP SEC 50.0 0.0 X 382896 0 21226 BENJAMIN BREEN MANAGING DIRECTOR Asia Pacific 50.0 0.0 X 0 369618 0 SIERRA HAMPTON-SIMMONS FORMER KEY EMPLOYEE 40.0 0.0 X 299430 0 55944 MICHAEL DEPRISCO FORMER OFFICER 40.0 0.0 X 288009 0 16716 MARJORIE H GORDON FORMER OFFICER 40.0 0.0 X 270318 0 22741 ANA AJOSE INTERIM TREASURER (MAR-JUNE) 50.0 0.0 X 271008 0 21565 JANINE VAN STADEN CFO (JUNE - DECEMBER) 50.0 0.0 X 199732 0 19858 JENNIFER THARP CHAIR 10.0 0.0 X X 0 0 0 AGNIESZKA MARIA GASPERINI DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 DIANE ALSING DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 MATTHEW TOMLINSON DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 PABLO LLEDO AUDIT COMMITTEE CHAIR 6.0 0.0 X 0 0 0 LYNN A KEEYS DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 IKE NWANKWO Governance Committee Chair 6.0 0.0 X 0 0 0 LYNN SHANNON DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 SARINA ARCARI DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 GALEN TOWNSON STRATEGY OVERS COMMITTEE CHAIR 6.0 0.0 X 0 0 0 LUANN PICCARD Comp and Talent Commit CHAIR 6.0 0.0 X 0 0 0 TOM BLOEMERS DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 5561522 874976 419866 364 true true false NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON IN 55437 EXAM ADMINISTRATION 16839428 ATA Online Beijing Technology Co BUILDING NO 2 JIANWAI SOHO NO 39 BEIJING 0 CH EXAM ADMINISTRATION 11941038 FIDELITY INVESTMENTS 200 SEAPORT BLVD BOSTON MA 02210 INVESTMENT SERVICES 10020155 VIRTUSA CORPORATION 132 TURNPIKE ROAD SUITE 300 SOUTHBOROUGH MA 01772 Engineering/Tech 7306443 Microsoft Corporation 1 Microsoft Way REDMOND WA 98052 TECHNOLOGY SERVICES 6915517 241 0 CERTIFICATIONS 611691 238643960 238643960 MEMBERSHIP DUES 611430 80530668 80530668 SEMINARS/SYMPOSIA 611430 27041309 27041309 EDUCATION PARTNERS REVENUE 611430 6047697 6047697 ACCREDITATION REVENUE 611430 326126 326126 31179 31179 352620939 19403848 -269753 19673601 0 834109 834109 0 0 0 1440166 6759 1433407 1433407 1433407 0 0 0 0 0 0 3968765 838135 3130630 3130630 ONLINE ADVERTISING 519130 4182137 3237162 944975 COURSEWARE LICENSE FEES 611430 9648637 9648637 SPONSORSHIP 900099 749790 749790 -4752 37200 -41952 14575812 391998745 352620939 3004609 36373197 7065472 0 3316328 0 0 2851035 942684 84499012 5098053 7788119 6495577 4649495 2467417 812419 0 0 3168745 47840606 14504743 1366483 21421291 655812 1415878 7686176 0 11101626 34705 9006548 4437814 487015 CERTIFICATION ADMINISTRATION 86104826 CREDIT CARD FEES 8059147 MARKET RESEARCH 2472878 BOOK PRINT AND PUBLISHING 3111622 12129267 360990793 0 0 0 24111868 40008071 871426 812896 0 0 19919842 26326510 0 0 0 0 0 0 993959 960905 7284694 8841090 16239516 13395301 5627285 2844215 397273193 436350613 150126533 162366391 0 0 10542972 9145630 3611240 1731809 620363012 689388130 62174809 54717191 0 0 68195047 76135505 0 0 0 0 0 0 0 0 0 0 1845131 1276137 132214987 132128833 X 486664593 555775865 1483432 1483432 488148025 557259297 620363012 689388130 31007952 38103320 X false true X true false false true false 199678 179493 20185 3482797 2149921 1332876 12557041 11065887 1491154 2844215 12457474 C SEI SECURED CREDIT FUND 26020668 F SEI OFFSHORE OPPORTUNITY II CL 32981200 F SEI ENERGY DEBT LP OCT 2017 2777808 F SEI CORE PROPERTY FUND LP 22230263 F VISTA FUND LTD 21743234 F GLOBAL PRIVATE ASSETS VI 1619069 F SECONDARY OPPORTUNITIES FUND 7720301 F SPECIAL SITUATIONS FUND 34816374 F 162366391 0 DEFERRED RENT LIABILITY 1276137 1276137 X FORM 990, SCHEDULE D, PART X, LINE 2: THE FOLLOWING IS THE FOOTNOTE TO THE AUDITED FINANCIAL STATEMENTS: THE INSTITUTE IS EXEMPT FROM U.S. FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND EXEMPT FROM PENNSYLVANIA INCOME TAXES. REVENUE GENERATED FROM THE INSTITUTE'S ADVERTISING AND SALES OF MEMBERSHIP MAILING LISTS ARE NOT CONSIDERED PROGRAM ACTIVITY REVENUE BY THE INTERNAL REVENUE SERVICE. THIS TYPE OF INCOME IS CLASSIFIED AS UNRELATED BUSINESS INCOME AND MAY BE SUBJECT TO INCOME TAX. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC AND GENERALLY EXEMPT FROM FEDERAL AND STATE TAXES. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS IS SUBJECT TO FEDERAL AND STATE COPORATE INCOME TAXES. THE FOUNDATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED 31 DECEMBER 2023 AND 2022. MANAGEMENT EVALUATED THE INSTITUTE'S AND FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE AND FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED 31 DECEMBER 2023 AND 2022. THE INSTITUTE AND FOUNDATION FILE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE INSTITUTE AND FOUNDATION ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE US FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2020. true East Asia and the Pacific 0 0 Program Services PROGRAM EVENT 501524 South Asia 0 0 Program Services PROGRAM EVENT 162396 South Asia 0 33 Program Services EMPLOYEES 2504083 East Asia and the Pacific 0 32 Program Services EMPLOYEES 1772912 North America 0 8 Program Services EMPLOYEES 2016155 East Asia and the Pacific 0 0 Program Services EMPLOYEES 1360001 Europe (Including Iceland and Greenland) 0 35 Program Services EMPLOYEES 5835775 East Asia and the Pacific 0 0 Program Services EMPLOYEES 2570003 East Asia and the Pacific 0 0 Program Services TRAVEL 413475 North America 0 0 Program Services TRAVEL 88314 South Asia 0 0 Program Services TRAVEL 335972 Europe (Including Iceland and Greenland) 0 0 Program Services TRAVEL 86639 Middle East and North Africa 0 0 Program Services TRAVEL 298534 Sub-Saharan Africa 0 0 Program Services TRAVEL 489857 North America 0 0 Program Services ACCOUNTING FEES 15117 South Asia 0 0 Program Services ACCOUNTING FEES 48055 Europe (Including Iceland and Greenland) 0 0 Program Services ACCOUNTING FEes 64357 Middle East and North Africa 0 0 Program Services ACCOUNTING FEES 29511 Sub-Saharan Africa 0 0 Program Services ACCOUNTING FEES 92960 North America 0 0 Program Services MEMBER EVENTS 11391 Europe (Including Iceland and Greenland) 0 0 Program Services MEMBER EVENTS 22911 South Asia 0 0 Program Services MEMBER EVENTS 60752 Europe (Including Iceland and Greenland) 0 0 Program Services TECHNOLOGY FEES 51950 East Asia and the Pacific 0 0 Grantmaking 197003 Europe (Including Iceland and Greenland) 0 0 Grantmaking 135437 Middle East and North Africa 0 0 Grantmaking 5204 North America 0 0 Grantmaking 13991 South America 0 0 Grantmaking 95560 South Asia 0 0 Grantmaking 49359 Sub-Saharan Africa 0 0 Grantmaking 33420 South Asia 1 0 Maintaining offices OFFICE LEASE 5015 East Asia and the Pacific 1 0 Maintaining offices OFFICE LEASE 393292 Europe (Including Iceland and Greenland) 1 0 Maintaining offices OFFICE LEASE 42587 Middle East and North Africa 1 0 Maintaining offices OFFICE LEASE 35710 Middle East and North Africa 0 12 Program Services EMPLOYEES East Asia and the Pacific 0 1 Program Services INDEPENDENT CONTRACTOR 11941038 0 108 4 13 4 121 18651400 13876878 32528278 East Asia and the Pacific GEN. SUPPORT 69712 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 33167 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 29981 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 29894 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 28200 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 20160 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 20053 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 16667 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 15000 CHECK/WIRE N/A N/A South America GEN. SUPPORT 14088 CHECK/WIRE N/A N/A North America GEN. SUPPORT 13991 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 11734 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 9434 CHECK/WIRE N/A N/A Sub-Saharan Africa GEN. SUPPORT 9350 CHECK/WIRE N/A N/A South America GEN. SUPPORT 8878 CHECK/WIRE N/A N/A South America GEN. SUPPORT 8760 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 8270 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 7851 CHECK/WIRE N/A N/A South America GEN. SUPPORT 7461 CHECK/WIRE N/A N/A Sub-Saharan Africa GEN. SUPPORT 7440 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 7434 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 7249 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 6375 CHECK/WIRE N/A N/A South America GEN. SUPPORT 6297 CHECK/WIRE N/A N/A Europe (Including Iceland and Greenland) GEN. SUPPORT 6261 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 6069 CHECK/WIRE N/A N/A South America GEN. SUPPORT 6019 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 5885 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5825 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5781 CHECK/WIRE N/A N/A Sub-Saharan Africa GEN. SUPPORT 5768 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5750 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5750 CHECK/WIRE N/A N/A Sub-Saharan Africa GEN. SUPPORT 5692 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5608 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 5432 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5250 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5250 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5250 CHECK/WIRE N/A N/A South Asia GEN. SUPPORT 5250 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5250 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5250 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5250 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5247 CHECK/WIRE N/A N/A Middle East and North Africa GEN. SUPPORT 5204 CHECK/WIRE N/A N/A South America GEN. SUPPORT 5203 CHECK/WIRE N/A N/A Sub-Saharan Africa GEN. SUPPORT 5170 CHECK/WIRE N/A N/A East Asia and the Pacific GEN. SUPPORT 5111 CHECK/WIRE n/a n/a 0 48 true false true false true true FORM 990, SCHEDULE F, PART I, LINE 2: PROJECT MANAGEMENT INSTITUTE ("PMI") HAD A PROJECT MONITORING SYSTEM IN PLACE TO MONITOR THE USE OF GRANT FUNDS. THE GUIDELINES ARE OUTLINED IN BOTH THE RESEARCH AGREEMENT AND A DOCUMENT DETAILING THE ROLE OF THE PROJECT LIAISON. PMI REQUIRES ALL GRANTEES TO SUBMIT DETAILED PERIODIC REPORTS TO THEIR ASSIGNED LIAISON AND TO THE PMI ACADEMIC RESOURCES TEAM. true PMI EDUCATIONAL FOUNDATION 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 232630701 501(C)(3) 6571670 N/A N/A GEN. SUPPORT PMI - Calumet Chapter PO Box 399 Schererville IN 46375 352120619 501(C)(6) 9208 N/A N/A Chapter Grant PMI - Oklahoma City Chapter 6608 N Western Ave 311 Oklahoma City OK 73116 731590531 501(C)(6) 5500 N/A N/A Chapter Grant PMI - PUERTO RICO CHAPTER PO BOX 11164 San Juan PR 00922 660565244 501(C)(6) 5250 N/A N/A Chapter Grant 1 3 FORM 990, SCHEDULE I, PART I, LINE 2: PROJECT MANAGEMENT INSTITUTE ("PMI") HAD A PROJECT MONITORING SYSTEM IN PLACE TO MONITOR THE USE OF GRANT FUNDS. THE GUIDELINES ARE OUTLINED IN BOTH THE RESEARCH AGREEMENT AND A DOCUMENT DETAILING THE ROLE OF THE PROJECT LIAISON. PMI REQUIRES ALL GRANTEES TO SUBMIT DETAILED PERIODIC REPORTS TO THEIR ASSIGNED LIAISON AND TO THE PMI ACADEMIC RESOURCES TEAM. X X X true true X X X X X true false false Pierre Le Manh PRESIDENT & CEO 866061 0 126133 0 9462 0 30000 0 8979 0 1040635 0 0 0 JOSEPH J CAHILL FORMER KEY EMPLOYEE 75570 0 0 0 666746 0 5100 0 4324 0 751740 0 0 0 DAVID L GARRETT CHIEF STRATEGY & GROWTH OFFICE 349559 0 116654 0 0 0 30000 0 23782 0 519995 0 0 0 JANINE VAN STADEN CFO (JUNE - DECEMBER) 199732 0 0 0 0 0 15369 0 4489 0 219590 0 0 0 Daniel Conrad VP, GENERAL COUNSEL & CORP SEC 294229 0 83858 0 4809 0 0 0 21226 0 404122 0 0 0 DOROTHY MCKELVY VP, GLOBAL TALENT 314344 0 87000 0 11972 0 30000 0 8979 0 452295 0 0 0 CHRISTINE MILLAWAY TREASURER (JAN-MARCH) 78647 0 0 0 342191 0 16560 0 4422 0 441820 0 0 0 MARK BROOME CHIEF PRODUCT OFFICER 343217 0 90480 0 9008 0 30000 0 21226 0 493931 0 0 0 Abdullah S Wright Chief Strategy Officer 309638 0 50470 0 2977 0 22500 0 25944 0 411529 0 0 0 YONG TAO CHEN MANAGING DIRECTOR, CHINA 0 396800 0 108558 0 0 0 0 0 0 0 505358 0 0 BENJAMIN BREEN MANAGING DIRECTOR Asia Pacific 0 314131 0 55487 0 0 0 0 0 0 0 369618 0 0 MICHAEL DEPRISCO FORMER OFFICER 129609 0 158400 0 0 0 10230 0 6486 0 304725 0 0 0 SIERRA HAMPTON-SIMMONS FORMER KEY EMPLOYEE 256742 0 42688 0 0 0 30000 0 25944 0 355374 0 0 0 MARJORIE H GORDON FORMER OFFICER 243254 0 27064 0 0 0 14352 0 8389 0 293059 0 0 0 ANA AJOSE INTERIM TREASURER (MAR-JUNE) 239434 0 30800 0 774 0 21565 0 0 0 292573 0 0 0 PART I, LINE 1A: LISTED PERSONS WHO INCUR TRAVEL EXPENSES ARE RESPONSIBLE FOR COMPLYING WITH THE TRAVEL POLICY. ALL INDIVIDUALS SUBMITTING EXPENSES NOT IN COMPLIANCE WITH THIS POLICY RISK DELAY IN PAYMENT AND/OR PARTIAL OR FORFEITED REIMBURSEMENT. REGIONAL AIR TRAVEL WILL BE IN COACH CLASS. AIR TRAVEL THAT IS GREATER THAN 4 HOURS TO THE DESTINATION (NOT CALCULATING LAYOVERS INTO THIS NUMBER, BUT POINT TO POINT TRAVEL), WILL BE IN BUSINESS CLASS. SHOULD A TRAVELER DESIRE FIRST CLASS, ANY ADDITIONAL EXPENSES FROM THIS TYPE OF REQUEST WILL BE PAID BY THE TRAVELER AND MUST BE PAID TO PMI AT THE TIME OF CONFIRMATION. A LIST OF ATTENDEES AUTHORIZED TO TRAVEL ON PMI-RELATED BUSINESS MUST BE GIVEN TO PMI'S IN-HOUSE TRAVEL CONSULTANT IN ADVANCE BY THE MEETING HOST. TRAVEL FOR COMPANIONS: THE PRESIDENT AND CEO'S EMPLOYMENT AGREEMENT INCLUDES REIMBURSEMENT FOR LIMITED, QUALIFIED SPOUSAL TRAVEL. THESE BENEFITS ARE INCLUDED AS COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: PMI REQUIRES THAT EXECUTIVES SUBMIT THEIR EXPENSE WITH DOCUMENTATION OF A RECEIPT SHOWING PAYMENT FOR A WELLNESS BENEFIT (EX. GYM MEMBERSHIP, WEIGHT LOSS PROGRAM, PERSONAL TRAINER, ETC.). PMI RETAINS SUPPORTING DOCUMENTATION FOR THESE FEES AND ALL BENEFITS ARE INCLUDED IN THE RESPECTIVE EMPLOYEE'S W-2 WAGES. PART I, LINE 4A: Joseph J. Cahill received a severance payment of $666,746 in calendar year 2023. Christine Millaway received a severance payment of $342,191 in calendar year 2023. FORM 990, PART I, LINE 1 - DESCRIPTION OF ORGANIZATION'S MISSION: Our mission is to provide Project Professionals and employers with knowledge platforms and resources, career-long learning and development, and gold-standard professional certifications. FORM 990, PART I, LINE 6 - DESCRIPTION OF VOLUNTEER ESTIMATE: 12,268 DEDICATED VOLUNTEERS SUPPORT PMI GLOBALLY THROUGH THEIR ACTIVITIES AS CHAPTER LEADERS, AS BOARD MEMBERS OR ON BOARD SUPPORT COMMITTEES, ON MEMBER ADVISORY GROUPS, THROUGH CONTRIBUTION TO EXAM QUESTION DEVELOPMENT AND THE DEVELOPMENT OF PROFESSIONAL STANDARDS THAT SHAPE THE FUTURE OF THE PROFESSION, BY WRITING AND PUBLISHING WHITE PAPERS AND REVIEWING PROJECT MANAGEMENT MANUALS, BOOKS AND PERIODICALS, OR OTHER IMPORTANT WORK. PMI UTILIZES ITS VOLUNTEER RELATIONS MANAGEMENT SYSTEM (VRMS) AS A RESOURCE FOR ITS MEMBERS TO SEARCH FOR VOLUNTEER OPPORTUNITIES THROUGHOUT THE WORLD AND USES THIS SYSTEM TO TRACK VOLUNTEER ACTIVITIES AND STATISTICS, INCLUDING THE NUMBER OF ACTIVE VOLUNTEERS. FORM 990, PART VI, LINE 6: MEMBER RIGHTS ARE DEFINED AS THE OPPORTUNITY TO VOTE ON INSTITUTE MATTERS AND TO HOLD ELECTED OR APPOINTED OFFICE, AS DEFINED IN THE BYLAWS. PRIVILEGES ARE DEFINED AS THOSE TANGIBLE AND INTANGIBLE BENEFITS, PRODUCTS, AND SERVICES OFFERED WITH MEMBERSHIP IN THE INSTITUTE. THE PMI BOARD OF DIRECTORS SHALL ESTABLISH THE PRIVILEGES ASSOCIATED WITH MEMBERSHIP. FORM 990, PART VI, LINE 7A: THE INSTITUTE MAINTAINS THE FOLLOWING CLASSES AND QUALIFICATIONS OF MEMBERSHIP, EACH CLASS WITH THE RIGHTS HEREINAFTER PROVIDED: 1. MEMBER - REGULAR. ANY PERSON WHO IS INTERESTED IN, OR ENGAGED IN, THE PRACTICE, TEACHING, OR OTHER APPLICATION OF PROJECT MANAGEMENT, INCLUDING RESEARCH CONCERNING PROJECT MANAGEMENT, MAY QUALIFY AS A REGULAR MEMBER OF THE INSTITUTE. REGULAR MEMBER SHALL HAVE VOTING RIGHTS AND MAY HOLD ANY ELECTED OR APPOINTED OFFICE IN THE INSTITUTE. 2. MEMBER - RETIREE. ANY PERSON WHO HAS BEEN A PMI MEMBER IN GOOD STANDING FOR FIVE (5) CONSECUTIVE YEARS, AND WHO HAS RETIRED FROM ACTIVE EMPLOYMENT, QUALIFIES FOR PMI RETIREE MEMBERSHIP. RETIREE MEMBERS SHALL HAVE ALL RIGHTS OF THE REGULAR MEMBER CLASS. 3. MEMBER - STUDENT. ANY PERSON CURRENTLY REGISTERED IN A DEGREE GRANTING PROGRAM AT AN ACCREDITED, OR GLOBALLY EQUIVALENT, COLLEGE/UNIVERSITY, MAY QUALIFY FOR PMI STUDENT MEMBERSHIP. STUDENT MEMBERS SHALL NOT BE ENTITLED TO EXERCISE ANY VOTING RIGHTS AND SHALL NOT HOLD ANY ELECTED OFFICE IN THE INSTITUTE, EXCEPT THAT STUDENT MEMBERS MAY HOLD OFFICE AND VOTE WITHIN A PMI COMPONENT, AS MAY BE GRANTED IN THE BYLAWS OF THE COMPONENTS. 4. MEMBER - ASSOCIATE. ANY PERSON WHO JOINS THE INSTITUTE TO ACCESS LIMITED PRIVILEGES PURSUANT TO POLICIES DULY ADOPTED BY THE PMI BOARD OF DIRECTORS. ASSOCIATE MEMBERS SHALL NOT BE ENTITLED TO EXERCISE ANY VOTING RIGHTS, AND SHALL NOT BE A CANDIDATE FOR, NOR HOLD ANY ELECTED OR APPOINTED OFFICE IN THE INSTITUTE. FORM 990, PART VI, LINE 7B: GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO OR SUBJECT TO THE APPROVAL OF MEMBERSHIP. UNDER THE ORGANIZATION'S BYLAWS, CERTAIN CHANGES TO THE BYLAWS REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, LINE 11B: A DRAFT OF THE FORM 990 IS PREPARED BY PMI'S EXTERNAL TAX CONSULTANTS. AFTER REVIEW BY PMI'S TAX STAFF, THE DRAFT IS REVIEWED BY PMI'S FINANCE AND LEGAL STAFF. THE FOLLOWING DRAFT IS PRESENTED FOR REVIEW TO PMI'S PRESIDENT AND CHIEF EXECUTIVE OFFICER AND THEN TO THE BOARD'S AUDIT COMMITTEE. THE FINAL DRAFT OF THE FORM 990 IS THEN PRESENTED TO THE FULL BOARD. THE FORM 990 WAS DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE PROCESS INCLUDES THE OPPORTUNITY FOR MEMBERS OF THE BODY OF THE BOARD OF DIRECTORS TO SUBMIT QUESTIONS/COMMENTS ELECTRONICALLY. FORM 990, PART VI, LINE 12C: THE PMI CODE OF ETHICS AND PROFESSIONAL CONDUCT REQUIRES THAT INDIVIDUALS ABIDE BY THE BYLAWS, POLICIES, RULES, REQUIREMENTS, AND PROCEDURES OF PMI, AND WILL NOT KNOWINGLY ENGAGE OR ASSIST IN ACTIVITIES THAT COMPROMISE THE INTEGRITY, REPUTATION, PROPERTY, AND/OR LEGAL RIGHTS OF THE INSTITUTE. CONFLICT OF INTEREST DISCLOSURE: INDIVIDUALS ACCOUNTABLE UNDER THE CONFLICT OF INTEREST POLICY MUST IDENTIFY THOSE SITUATIONS WHERE THEY HAVE A CONFLICT OF INTEREST OR WHERE A REASONABLE PERSON MIGHT CONCLUDE THAT THEY HAD A CONFLICT OF INTEREST IN THE ACTIVITY IN WHICH THEY ARE PARTICIPATING OR ABOUT TO PARTICIPATE. SUCH DISCLOSURE SHOULD BE MADE IMMEDIATELY TO THAT STAFF MEMBER'S SUPERIOR OR THE GROUP LEADER IN THE CASE OF VOLUNTEERS. PMI CONFLICT OF INTEREST QUESTIONNAIRE. ALL VOLUNTEERS PARTICIPATING IN A PMI VOLUNTEER GROUP AND ALL KEY EMPLOYEES MUST FILL OUT THE QUESTIONNAIRE ANNUALLY. THIS IS TO ENSURE THAT NO CONFLICTS OF INTERESTS HAVE ARISEN AFTER THE PERSONS INITIAL INVOLVEMENT ARE DISCLOSED. DISCLOSURE REVIEW: THE CONFLICT OF INTEREST QUESTIONNAIRE, TO BE COMPLETED BY THE INDIVIDUAL PARTICIPATING ON A PMI VOLUNTEER GROUP, WILL BE REVIEWED BY THE RESPONSIBLE GROUP LEADER FOR HIS/HER KNOWLEDGE AND UNDERSTANDING AND THEN FORWARDED TO THE PMI STAFF MEMBER WHO IS RESPONSIBLE FOR THE VOLUNTEER GROUP OR IN THE CASE OF A BOARD SPONSORED GROUP, THE PMI GENERAL COUNSEL. THE PMI GENERAL COUNSEL WILL REVIEW THE CONFLICT OF INTEREST QUESTIONNAIRE OF ALL PMI BOARD MEMBERS AND MEMBERS OF CHARTERED COMMITTEES AND BRING CONFLICTS OF INTEREST AND POSSIBLE CONFLICTS OF INTEREST TO THE ATTENTION OF THE PMI CHAIR AND THE CHIEF EXECUTIVE OFFICER FOR RESOLUTION. THE PMI GENERAL COUNSEL WILL REVIEW THE CONFLICT OF INTEREST QUESTIONNAIRES OF ALL KEY EMPLOYEES AND BRING CONFLICTS OF INTEREST AND POSSIBLE CONFLICTS OF INTEREST TO THE ATTENTION OF THE PMI CHIEF EXECUTIVE OFFICER FOR RESOLUTION. THE CHIEF EXECUTIVE OFFICER WILL REVIEW THE QUESTIONNAIRE OF THE GENERAL COUNSEL. POSSIBLE REMEDIES: REMEDIAL ACTIONS FOR DISCLOSED CONFLICTS OR POSSIBLE CONFLICTS OF INTEREST MAY INCLUDE BUT ARE NOT LIMITED TO: - RECUSAL FROM ANY DECISION DEVELOPED BY THE GROUP - RECUSAL FROM THE PART OF THE PROCESS WHERE A CONFLICT EXISTS, SUCH AS NOT REVIEWING A COMPETITOR'S AWARD SUBMITTAL - REPLACEMENT ON THE GROUP - PARTICIPATION AS A SUBJECT MATTER EXPERT BUT NOT IN DISCUSSIONS OR DELIBERATIONS POLICY USAGE: CARE MUST BE USED TO AVOID OVERUSE AND MISUSE OF THIS POLICY. THE INSTITUTE REQUIRES INTEGRITY TO FUNCTION PROPERLY BUT OVER-USE OF THE REQUIREMENT TO COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE MAY DISCOURAGE PARTICIPATION BY OTHERWISE QUALIFIED VOLUNTEERS AND RESULT IN VOLUNTEERS PERCEIVING THEY ARE BEING HARASSED. FORMS: ALL INDIVIDUAL PMI MEMBERS, VOLUNTEERS PARTICIPATING IN PMI VOLUNTEER GROUP WILL COMPLETE AND SIGN THE PMI CONFLICT OF INTEREST QUESTIONNAIRE, THE BOARD OF DIRECTORS, CHIEF EXECUTIVE OFFICER, AND VICE PRESIDENTS (FOR PROGRAMS THEY ARE RESPONSIBLE FOR), OTHER GROUP LEADERS OF PMI VOLUNTEER GROUPS ARE AUTHORIZED TO USE THE ATTACHED FORM AND THE GROUPS THEY SPONSOR. IT IS ANTICIPATED THAT THE STANDARD FORM ATTACHED WILL APPLY IN MOST CASES, HOWEVER, IF A LEADER BELIEVES THAT MODIFICATION WOULD SERVE THE INTERESTS OF PMI TO MAKE THEIR GROUP MORE PRODUCTIVE THE FORM MAY BE TAILORED WITH THE EXPLICIT CONCURRENCE OF THE PMI GENERAL COUNSEL OR THE DESIGNATED REPRESENTATIVE FROM THE PMI LEGAL DEPARTMENT. RECORD MANAGEMENT: THE PMI OPERATING DEPARTMENT WHICH SPONSORS, SUPPORTS, OR MANAGES A PMI VOLUNTEER GROUP, AFTER COMPLETING THEIR REVIEW OF THE SUBMITTED QUESTIONNAIRES, WILL FORWARD THE QUESTIONNAIRES TO THE PMI LEGAL DEPARTMENT FOR RETENTION IN ACCORDANCE WITH PMI'S RECORD MANAGEMENT POLICY. THE LEGAL DEPARTMENT WILL RETAIN THE QUESTIONNAIRES DURING THE LIFE OF THE GROUP AND THE QUESTIONNAIRES WILL BE ARCHIVED WHEN THE GROUP IS DISBANDED. VIOLATIONS: APPARENT VIOLATIONS OF THIS POLICY, INCLUDING BUT NOT LIMITED TO THE FAILURE TO MAKE ADEQUATE AND FULL DISCLOSURE, WILL BE FORWARDED TO THE APPROPRIATE INDIVIDUAL AS DESCRIBED IN PMI'S POLICY ON COMPLAINT, DISPUTE, AND GRIEVANCE RESOLUTION OR TO THE ETHICS REVIEW COMMITTEE UNDER PMI'S MEMBER ETHICS CASE PROCEDURES, AS APPLICABLE. FORM 990, PART VI, LINE 15A AND 15B: PMI UTILIZES BROAD PAY RANGES THAT ENCOURAGE GROWTH AND DEVELOPMENT WITHIN POSITIONS OVER TIME. BROAD BANDS ARE REVIEWED ANNUALLY WITH MARKET INFORMATION AND MAY BE ADJUSTED IF WARRANTED WITHIN THE FINANCIAL CONDITION OF THE ORGANIZATION AND TO SUSTAIN COMPETITIVENESS. APPLICABLE MARKET DATA IS USED IN THE DETERMINATION OF BASE SALARIES, WITH ATTENTION TO MARKET SENSITIVE TECHNICAL COMPETENCIES AND PMI AS A WHOLE. COMPENSATION REVIEW IS PART OF THE ORGANIZATION'S PRACTICE TO REGULARLY ASSESS COMPENSATION PROGRAMS AND SYSTEMS. PMI ENGAGES THE ASSISTANCE OF EXTERNAL CONSULTING RESOURCES TO CONDUCT ASSESSMENTS OF COMPENSATION. COMPREHENSIVE STUDIES HAVE BEEN UNDERTAKEN EVERY TWO TO THREE YEARS WITH ANNUAL REVIEW OF BASE SALARY AND TOTAL CASH COMPENSATION FOR SELECT POSITIONS. THE CEO ACTIVELY REVIEWS COMPENSATION PHILOSOPHY, ASSESSES SALARY DATA ON AN ANNUAL BASIS, AND HAS CONDUCTED COMPREHENSIVE STUDIES OF COMPENSATION EVERY TWO TO THREE YEARS. THE ASSESSMENTS INCLUDE DIRECT AND INDIRECT COMPENSATION, AS WELL AS MARKET-BASED COMPARISONS TO COMPARABLE PROFESSIONAL SOCIETIES AND ORGANIZATIONS, BROAD NON-PROFIT INDUSTRY DATA AND OTHER SURVEY INFORMATION ALIGNED WITH THE NATURE OF THE POSITIONS, SIMILAR SIZE, SCOPE OPERATIONS, INTERNATIONAL ACTIVITIES AND/OR SIMILAR MEMBER PROGRAMS ARE INCLUDED ALONG THE GEOGRAPHIC INFORMATION RELATED TO THE MARKET IN WHICH THE ORGANIZATION COMPETES FOR TALENT. FORM 990, PART VI, LINE 19: DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON THE WEBSITE (WWW.PMI.ORG) AND COPIES WILL BE PROVIDED ON REQUEST. THE AUDITED FINANCIAL STATEMENTS WILL BE PROVIDED ON REQUEST BUT ARE ALSO INCLUDED IN PMI'S ANNUAL REPORT THAT IS POSTED ON THE PMI.ORG WEBSITE. FORM 990 PART IX LINE 11G DESCRIPTION:SALES COMMISSION TOTAL FEES:215125 FORM 990 PART IX LINE 11G DESCRIPTION:TEMP STAFF TOTAL FEES:9399641 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:25349907 FORM 990 PART IX LINE 11G DESCRIPTION:PUBLIC RELATIONS TOTAL FEES:6949811 FORM 990 PART IX LINE 11G DESCRIPTION:EDITORIAL SERVICES TOTAL FEES:1466525 FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL PROCESSING FEES TOTAL FEES:4459597 PMI AUSTRALASIA PTY LIMITED LEVEL 20 TOWER 2 DARLING PARK 201 SYDNEY NSW AS 2001 980607905 ADVOCACY AS PMI PMI (BEIJING) PROJECT MGMT TECH CO LTD RM 1107 11TH FLOOR BEIJING SUN CHAOYANG DIST BEIJING CH 100080 980609885 ADVOCACY CH PMI PMI KHALEEJI FZ-LLC BLOCK NO 6 1ST FLOOR F-07 KNOWLEDGE VILLAGE DUBAI AE 981162223 TRAINING AE PMI AUSTRALA PMI MANAGEMENT SINGAPORE PTE LTD 10 MARINA BLVD MARINA BAY FC SINGAPORE SN 981174043 CHPTR SUPPORT SN PMI PMI MANAGEMENT EUROPE BVBA SQUARE DE MEEUS 35 3D FLOOR BRUSSELS BE 981219090 OUTREACH BE PMI PMI EDUCATIONAL FOUNDATION 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 232630701 SUPPORT PA 501(C)(3) LINE 12A, I PMI true Project Managers Without Borders PO Box 5464 DENVER CO 80217 472193832 SUPPORT CO 501(C)(3) LINE 7 PMI true PMI ORGANIZATION CENTRE PRIVATE LTD 302-305 3D FLOOR BALARAMA PLOT MUMBAI IN 400051 980566940 OUTREACH/ADVO IN PMI Related 3613107 2409392 false 0 0.99990 PMI EUROPE LIMITED 82 ST JOHN STREET LONDON UK EC1M 4JN HOLDING COMPA UK PMI C CORP 6864768 2444968 1.00000 true PMI CANADA 1055 W GEORGIA ST 1500 ROYAL CTR VANCOUVER BC CA V6E 4N7 BENCHMARKING CA PMI C CORP 2147614 429381 1.00000 true false true false true false false false false false false false true true true true true true true false PMI EDUCATIONAL FOUNDATION B 6571670 FMV PMI EDUCATIONAL FOUNDATION l 224718 FMV PMI (BEIJING) PROJECT MGMT TECH CO LTD M 9510402 FMV PMI ORGANIZATION CENTRE PVT LTD M 3435736 FMV PMI MANAGEMENT EUROPE BVBA M 742499 FMV PMI KHALEEJI FZ-LLC M 3306895 FMV PMI MANAGEMENT SINGAPORE PTE LTD M 2125882 FMV PMI EUROPE LIMITED M 6856081 FMV PMI AUSTRALASIA PTY LIMITED M 363340 FMV PMI CANADA P,R 2150467 CASH PMI EUROPE LIMITED P,R 6856081 CASH