2021-11-15T07:57:47-06:00 2020-12-31 PRICEWATERHOUSECOOPERS LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2020-01-01 231887442 PROJECT MANAGEMENT INSTITUTE % CHRISTINE MILLAWAY PROJ 6103564600 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 MICHAEL DEPRISCO CEO 6103564600 2021-11-13 true MICHAEL DEPRISCO 999009999 ERICA R MCREYNOLDS P00977806 2673303000 2021-11-12 2 2020 2022-09-23 18:48:47Z Michael DePrisco 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 421227700 false 3735 X WWW.PMI.ORG X 1969 PA SEE SCHEDULE O 12 12 524 10529 3644978 0 0 0 246944336 256629051 28116359 15372264 10408497 10704495 285469192 282705810 6881853 5610189 0 0 59697329 71415895 0 0 0 235292421 188800607 301871603 265826691 -16402411 16879119 602124281 675097842 123053208 136205467 479071073 538892375 X TO ADVANCE THE PRACTICE, SCIENCE, AND PROFESSION OF PROJECT MANAGEMENT THROUGHOUT THE WORLD IN A CONSCIOUS AND PROACTIVE MANNER. PMI'S ENVISIONED GOAL AS STATED IN ITS STRATEGIC PLAN IS: EMPOWERING PEOPLE TO MAKE IDEAS A REALITY. false false 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 1.8 MILLION PMP CERTIFICATION HOLDERS AROUND THE WORLD AS OF DECEMBER 2020. 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 1.8 MILLION GROSS CERTIFICATIONS AS OF DECEMBER 2020. MEMBERSHIP - PMI IS THE WORLD'S LEADING ASSOCIATION FOR THE PROJECT MANAGEMENT PROFESSION, WITH MORE THAN 652,000 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. 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. false false false true false false false false false true true false false true true false true false true true true true false false false false true true true false false false false false false false false false false true true true true false true 128 0 true 524 true true true true AS BE CA CH IN SN AE UK false false false false false 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 CHRISTINE MILLAWAY 6103564600 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 190733299 SUNIL PRASHARA PRESIDENT & CEO 50.0 5.0 X 1331451 0 95844 JOSEPH J CAHILL CHIEF OPERATING OFFICER 50.0 0.0 X 595811 0 24676 YONG TAO CHEN MANAGING DIRECTOR, CHINA 50.0 0.0 X 0 504133 0 DAVID L GARRETT CHIEF STRATEGY & GROWTH OFFICE 50.0 10.0 X 424131 0 24184 MICHAEL DEPRISCO VP, GLOBAL EXPERIENCE & SOLUTI 50.0 10.0 X 419862 0 21205 WILLIAM SCARBOROUGH VP, GENERAL COUNSEL & CORP SEC 50.0 0.0 X 372462 0 21546 GINA P JONES ADVERTISING SALES EXECUTIVE 40.0 0.0 X 352335 0 20152 BETH GOLLOGY VP- GLOBAL OPERATIONS 40.0 0.0 X 335165 0 23261 CHRISTINE MILLAWAY VP, FINANCE 50.0 0.0 X 336629 0 15806 DOROTHY MCKELVY VP, GLOBAL TALENT 50.0 0.0 X 332292 0 19134 ABDULLAH WRIGHT VP, STRAT & THOUGHT LEADER 40.0 0.0 X 317109 0 21759 NICHOLAS VERREKIA DIRECTOR, OPERATIONAL EXCELLEN 40.0 0.0 X 314975 0 17573 SRINI SRINIVASAN MANAGING DIRECTOR, INDIA 50.0 0.0 X 0 330341 0 MARK BROOME CHIEF DATA OFFICER 40.0 0.0 X 308568 0 15183 SIERRA HAMPTON-SIMMONS DIRECTOR & PORTFOLIO LEADER 50.0 0.0 X 236306 0 19410 RANDALL T BLACK DIRECTOR 6.0 0.0 X 0 0 0 J DAVIDSON FRAME COMPENSATION COMMITTEE CHAIR 6.0 0.0 X 0 0 0 ROBERTO TOLEDO STRATEGY OVERSIGHT COMMITTEE C 6.0 0.0 X 0 0 0 TERESA KNUDSON AUDIT COMMITTEE CHAIR 6.0 0.0 X 0 0 0 CATERINA LA TONA DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 TEJAS SURA DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 JENNIFER THARP DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 TONY APPLEBY CHAIR 12.0 0.0 X X 0 0 0 BETH A PARTLETON DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 GALEN TOWNSON DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 LUANN PICCARD DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 ANCA E SLUSANSCHI DIRECTOR AT LARGE 6.0 0.0 X 0 0 0 5677096 834474 339733 212 false true false KPMG LLP DEPT 0522 PO BOX 120522 DALLAS TX 753120522 CONSULTING 28240819 NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON IN 55437 EXAM ADMINISTRATION 12961015 FIDELITY INVESTMENTS 200 SEAPORT BLVD BOSTON MA 02210 INVESTMENT SERVICES 6793886 ATA ONLINE BEIJING EDU TECH CO L BLDG 2 39 DONGSANHUANZHONG RD BEIJING 0 CH 100022 EXAM DELIVERY 5979690 VIRTUSA CORPORATION 132 TURNPIKE ROAD SOUTHBOROUGH MA 01772 IT CONSULTING 4781022 150 0 CERTIFICATIONS 611691 166746612 166746612 MEMBERSHIP DUES 611430 74545958 74545958 SEMINARS/SYMPOSIA 611430 11291216 11291216 EDUCATION PARTNERS REVENUE 611430 2853931 2853931 ACCREDITATION REVENUE 611430 1191334 1191334 256629051 17992041 17992041 0 1293333 1293333 0 0 0 136185258 -1434737 137370298 0 -1185040 -1434737 -2619777 -2619777 0 0 0 0 0 0 6169093 1151592 5017501 5017501 ONLINE ADVERTISING 519130 3607513 3607513 PRINT/OTHER ADVERTISING 511120 32540 32540 MISCELLANEOUS CONSULTING 611430 23615 18690 4925 729993 729993 4393661 282705810 256647741 3644978 22413091 5388406 40293 181490 0 0 5573517 0 52750847 3371583 5335384 4384564 4352652 4305068 734946 615320 0 1822490 47462065 15683842 1625110 17440157 731224 2741558 2137470 0 5416938 82875 4131422 5429130 304125 CERTIFICATION ADMINISTRATION 49376977 TAXES 11506004 CREDIT CARD EXPENSES 6515047 MARKET RESEARCH 2660696 3725491 265826691 0 10969053 27765589 1180053 1571615 0 0 20997805 27662657 0 0 0 0 0 0 1383563 956557 4705443 6811837 16016901 4635600 8370560 11381301 459617829 494818819 77393422 81025730 0 0 14823022 13586268 2683531 9517469 602124281 675097842 64771436 66639933 2342887 0 55341769 69165575 0 0 0 0 0 0 0 0 0 0 597116 399959 123053208 136205467 X 476503583 537409545 2567490 1482830 479071073 538892375 602124281 675097842 X 16879119 34671051 8271132 X false true X true false false false false 74545958 615320 0 615320 0 615320 837441 525429 312012 2334972 1522745 812227 12844488 2587426 10257062 11381301 924238 C SEI SECURED CREDIT FUND 17864741 F SEI OFFSHORE OPPORTUNITY II CL 28024806 F SEI ENERGY DEBT LP OCT 2017 16602875 F SEI CORE PROPERTY FUND LP 17609070 F 81025730 0 DEFERRED RENT LIABILITY 325353 LEASE LIABILITY 74606 399959 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 2020 AND 2019. 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 2020 AND 2019. 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 2017. true Central America and the Caribbean Program Services TRAVEL EXPENSES 5167 East Asia and the Pacific Program Services ACADEMIC WORKSHOP 10809 East Asia and the Pacific Program Services TRAVEL EXPENSES 14705 East Asia and the Pacific Program Services CONTENT DEVELOPMENT 199720 East Asia and the Pacific Program Services EXAM DELIVERY 1465794 Europe (Including Iceland and Greenland) Program Services TRAVEL EXPENSES 66112 Europe (Including Iceland and Greenland) Program Services CONFERENCES 19276 Europe (Including Iceland and Greenland) Program Services CHAPTER DEVELOPMENT 7951 Middle East and North Africa Program Services CHAPTER DEVELOPMENT 12887 Middle East and North Africa Program Services TRAVEL EXPENSES 20637 North America Program Services TRAVEL EXPENSES 65896 North America Program Services OUTREACH 11413 North America Program Services CHAPTER DEVELOPMENT 6767 Russia and the Newly Independent States Program Services TRAVEL EXPENSES 3193 South America Program Services TRAVEL EXPENSES 10490 South America Program Services CHAPTER DEVELOPMENT 8149 South Asia Program Services TRAVEL EXPENSES 5303 Sub-Saharan Africa Program Services TRAVEL EXPENSES 21438 Sub-Saharan Africa Program Services CHAPTER DEVELOPMENT 12997 Middle East and North Africa Program Services CONSULTING 635379 East Asia and the Pacific Program Services CONSULTING 971226 Europe (Including Iceland and Greenland) Program Services CONSULTING 3292130 Europe (Including Iceland and Greenland) Program Services EXAM DELIVERY 2170535 North America Program Services CONSULTING 577415 North America Program Services COMPLIANCE 1922120 Europe (Including Iceland and Greenland) Investments 312490 South Asia Investments 2579813 Europe (Including Iceland and Greenland) 15 Program Services EMPLOYEES 2074435 East Asia and the Pacific 29 Program Services EMPLOYEES 2753277 South Asia 13 Program Services EMPLOYEES 1044233 Middle East and North Africa 7 Program Services EMPLOYEES 883484 North America 8 Program Services EMPLOYEES 95844 72 72 1934269 19346816 21281085 East Asia and the Pacific RESEARCH 16667 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH 16666 CHECK N/A N/A East Asia and the Pacific RESEARCH 34167 CHECK N/A N/A East Asia and the Pacific RESEARCH 15000 CHECK N/A N/A 4 0 PMI CHAPTER SCHOLARSHIPS Central America and the Caribbean 25 14850 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS Europe (Including Iceland and Greenland) 65 36371 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS Middle East and North Africa 5 3846 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS North America 8 3613 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS Russia and the Newly Independent States 4 4000 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS South America 17 31905 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS South Asia 1 1202 CHECK N/A N/A PMI CHAPTER SCHOLARSHIPS Sub-Saharan Africa 2 3203 CHECK N/A N/A 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. FORM 990, SCHEDULE F, PART III, COLUMN (A) - TYPE OF GRANT OR ASSISTANCE: PMI PROVIDES EDUCATIONAL GRANTS FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE PMI REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. true PMI EDUCATIONAL FOUNDATION 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 232630701 501(C)(3) 3501716 N/A N/A EDUCATIONAL GEORGIA STATE UNIVERSITY GEORGIA STATE UNIVERSITY ATLANTA GA 30302 586002050 GOV 77917 N/A N/A EDUCATIONAL 2 0 PMI CHAPTER SCHOLARSHIPS 78 40293 N/A N/A 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. FORM 990, SCHEDULE I, PART III, COLUMN (A) - TYPE OF GRANT OR ASSISTANCE: PMI PROVIDES EDUCATIONAL GRANTS FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. X X X X true true X X X X X X false false false SUNIL PRASHARA PRESIDENT & CEO 826843 0 420913 0 83695 0 0 0 95844 0 1427295 0 0 0 JOSEPH J CAHILL CHIEF OPERATING OFFICER 463500 0 76815 0 55496 0 18550 0 6126 0 620487 0 0 0 DAVID L GARRETT CHIEF STRATEGY & GROWTH OFFICE 323634 0 50768 0 49729 0 18024 0 6160 0 448315 0 0 0 MICHAEL DEPRISCO VP, GLOBAL EXPERIENCE & SOLUTI 325001 0 50357 0 44504 0 18111 0 3094 0 441067 0 0 0 GINA P JONES ADVERTISING SALES EXECUTIVE 295261 0 22601 0 34473 0 18454 0 1698 0 372487 0 0 0 WILLIAM SCARBOROUGH VP, GENERAL COUNSEL & CORP SEC 264482 0 43832 0 64148 0 15577 0 5969 0 394008 0 0 0 DOROTHY MCKELVY VP, GLOBAL TALENT 252000 0 40566 0 39726 0 15999 0 3135 0 351426 0 0 0 CHRISTINE MILLAWAY VP, FINANCE 246538 0 40497 0 49594 0 14366 0 1440 0 352435 0 0 0 BETH GOLLOGY VP- GLOBAL OPERATIONS 277750 0 15648 0 41767 0 19290 0 3971 0 358426 0 0 0 MARK BROOME CHIEF DATA OFFICER 234423 0 27139 0 47006 0 13881 0 1302 0 323751 0 0 0 SRINI SRINIVASAN MANAGING DIRECTOR, INDIA 0 330341 0 0 0 0 0 0 0 0 0 330341 0 0 NICHOLAS VERREKIA DIRECTOR, OPERATIONAL EXCELLEN 238500 0 35528 0 40947 0 16240 0 1333 0 332548 0 0 0 ABDULLAH WRIGHT VP, STRAT & THOUGHT LEADER 241500 0 36386 0 39223 0 19289 0 2470 0 338868 0 0 0 YONG TAO CHEN MANAGING DIRECTOR, CHINA 0 366954 0 137179 0 0 0 0 0 0 0 504133 0 0 SIERRA HAMPTON-SIMMONS DIRECTOR & PORTFOLIO LEADER 201153 0 0 0 35153 0 14931 0 4479 0 255716 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. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE CEO RECEIVED GROSS-UP PAYMENTS FOR LIFE AND HEALTH INSURANCE PREMIUMS PER THE TERMS OF HIS EMPLOYMENT CONTRACT. FORM 990, PART I, LINE 1 - DESCRIPTION OF ORGANIZATION'S MISSION: THROUGH GLOBAL ADVOCACY, COLLABORATION, EDUCATION AND RESEARCH, PMI WORKS TO PREPARE MORE THAN THREE MILLION PROJECT MANAGEMENT PROFESSIONALS AROUND THE WORLD FOR THE PROJECT ECONOMY: THE COMING ECONOMY IN WHICH PEOPLE HAVE THE SKILLS AND CAPABILITIES THEY NEED TO TURN IDEAS INTO REALITY. IT IS WHERE ORGANIZATIONS DELIVER VALUE TO STAKEHOLDERS THROUGH SUCCESSFUL COMPLETION OF PROJECTS, DELIVERY OF PRODUCTS, AND ALIGNMENT TO VALUE STREAMS, AND ALL OF THESE INITIATIVES DELIVER FINANCIAL AND SOCIETAL VALUE. FORM 990, PART I, LINE 6 - DESCRIPTION OF VOLUNTEER ESTIMATE: 10,529 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 MEMBER 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 AND 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 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 OFFICE 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 FOR THE REVIEW 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 VOLUNTEERS 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 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 XI, LINE 9 OTHER ADJUSTMENTS: $8,271,132 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:27894936 FORM 990 PART IX LINE 11G DESCRIPTION:TEMP STAFF TOTAL FEES:5596667 FORM 990 PART IX LINE 11G DESCRIPTION:IT CONSULTING TOTAL FEES:4781022 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR TOTAL FEES:4083020 FORM 990 PART IX LINE 11G DESCRIPTION:BOOK DISTRIBUTION EXPENSE TOTAL FEES:1578144 FORM 990 PART IX LINE 11G DESCRIPTION:EDITORIAL SERVICES TOTAL FEES:1670075 FORM 990 PART IX LINE 11G DESCRIPTION:TRANSLATION SERVICES TOTAL FEES:1470941 FORM 990 PART IX LINE 11G DESCRIPTION:TRAINING % DEVELOPMENT TOTAL FEES:387260 PMI AUSTRALASIA PTY LIMITED LEVEL 20 TOWER 2 DARLING PARK 201 SYDNEY NSW AS 2001 980607905 ADVOCACY AS 36973 164004 PMI PMI (BEIJING) PROJECT MGMT TECH CO LTD RM 1107 11TH FLOOR BEIJING SUN CHAOYANG DIST BEIJING CH 100080 980609885 ADVOCACY CH 7977057 4394098 PMI PMI KHALEEJI FZ-LLC BLOCK NO 6 1ST FLOOR F-07 KNOWLEDGE VILLAGE DUBAI AE 981162223 TRAINING AE 1480965 1101802 PMI AUSTRALA PMI MANAGEMENT SINGAPORE PTE LTD 10 MARINA BLVD MARINA BAY FC SINGAPORE SN 981174043 CHPTR SUPPORT SN 1295902 813340 PMI PMI MANAGEMENT EUROPE BVBA SQUARE DE MEEUS 35 3D FLOOR BRUSSELS BE 981219090 OUTREACH BE 827325 570225 PMI PMI EDUCATIONAL FOUNDATION 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 232630701 SUPPORT PA 501(C)(3) LINE 12A, I PMI true PMI ORGANIZATION CENTRE PRIVATE LTD 302-305 3D FLOOR BALARAMA PLOT MUMBAI IN 400051 980566940 OUTREACH/ADVOCACY IN PMI RELATED 285172 2579813 false 0 true 0.99990 PMI EUROPE LIMITED 82 ST JOHN STREET LONDON UK EC1M 4JN HOLDING COMPA UK PMI C CORP 181344 928318 1.00000 true PMI CANADA 1055 W GEORGIA ST 1500 ROYAL CTR VANCOUVER BC CA V6E 4N7 BENCHMARKING CA PMI C CORP -1307245 171118 1.00000 true false true false true false false false false false false false false true true true true true true false PMI EDUCATIONAL FOUNDATION B 3501716 CASH PMI (BEIJING) PROJECT MGMT TECH CO LTD M 8130055 FMV PMI ORGANIZATION CENTRE PVT LTD M 1714255 FMV PMI MANAGEMENT EUROPE BVBA M 759798 FMV PMI KHALEEJI FZ-LLC M 1214752 FMV PMI MANAGEMENT SINGAPORE PTE LTD M 1236953 FMV PMI EUROPE LIMITED M 2314363 FMV PMI AUSTRALASIA PTY LIMITED M 36450 FMV PMI EDUCATIONAL FOUNDATION O 2131441 FMV PMI EDUCATIONAL FOUNDATION N 575663 FMV PMI CANADA P,R 1693247 CASH PMI EUROPE LIMITED P,R 2464170 CASH PMI ORGANIZATION CENTRE PVT LTD P,R 1732018 CASH