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Institute Of Management Accountants Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222659674 ✦ Montvale, NJ ✦ Designated as a 501(c)(3)

Overview

What is Institute Of Management Accountants Inc?

The Institute of Management Accountants Inc, based in Montvelle, New Jersey, serves as a leading membership organization dedicated to advancing the knowledge and skills of its members in management accounting practices. With over 137,000 members worldwide in fiscal year 2022, the Institute offers various opportunities for professional development through networking events, chapters, councils, and online communities. Members can learn from one another and participate in local educational events to expand their expertise in management accounting and finance. The organization emphasizes the importance of ethical and best business practices, providing a forum for research, practice development, education, knowledge sharing, and advocacy.


Official website here: www.imanet.org

Is Institute Of Management Accountants Inc legitimate?

Institute Of Management Accountants Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Management Accountants Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,620,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,658,439

For more financial information, click here


Official website here: www.imanet.org

What is the mission statement of Institute Of Management Accountants Inc?

The Institute of Management Accountants Inc serves as a platform for the advancement of research, practice development, education, and knowledge sharing in management accounting and finance. Their mission is to advocate for the highest ethical and best business practices in this field. Members of the institute are offered opportunities to expand their accounting knowledge, with a focus on management accounting, and improve their individual capabilities. Networking through chapters and councils enables members to learn from one another and engage in local educational events. Online communities provide connections among members from various regions. In fiscal year 2022, the institute boasted a year-end membership of 137,489.


Official website here: www.imanet.org

Who is the CEO of Institute Of Management Accountants Inc?

Jeffrey Thomson is the Principal Officer of Institute Of Management Accountants Inc. The CEO's salary of Institute Of Management Accountants Inc is $741,495 and their total compensation is $763,307.


Official website here: www.imanet.org

What is the revenue of Institute Of Management Accountants Inc?

Institute Of Management Accountants Inc's revenue in 2022 was $21,584,629.


Official website here: www.imanet.org

Who are the executives of Institute Of Management Accountants Inc and what are their salaries?

The average compensation at Institute Of Management Accountants Inc during 2022 was $126,191. There are 129 employees and 2,300 volunteers at Institute Of Management Accountants Inc.

Here are 45 key members and their salaries (Institute Of Management Accountants Inc's CEO's salary is $741,495 and their total compensation is $763,307):

    Jeffrey Thomson Cma Csca Cae (President & Ceo) [Trustee/Director]
  • Compensation: $741,495
  • Related: $0
  • Other: $21,812

    • Doreen Remmen Cma Csca Cae (Sr Vice President & Cfo (Thru 12/21))
  • Compensation: $391,066
  • Related: $0
  • Other: $24,879

    • Deborah Warner Cae Cplp (Vice President (Thru 12/21))
  • Compensation: $321,351
  • Related: $0
  • Other: $18,152

    • Padraig Hare Cae Cgeit (Vice President)
  • Compensation: $282,588
  • Related: $0
  • Other: $13,288

    • Ellen Gurevich Cae (Vice President)
  • Compensation: $265,946
  • Related: $0
  • Other: $18,979

    • Patricia Stefanczyk Cae (Vice President)
  • Compensation: $258,562
  • Related: $0
  • Other: $16,897

    • Raef Lawson (Vice President (Thru 08/21))
  • Compensation: $233,187
  • Related: $0
  • Other: $15,746

    • Loreal Jiles (Vice President)
  • Compensation: $194,479
  • Related: $0
  • Other: $15,661

    • Russ Porter Cma Cfm Csca (Sr Vice President & Cfo (Beg 08/21))
  • Compensation: $141,811
  • Related: $0
  • Other: $2,047

    • J Stephen Mcnally Cma Cpa (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwen Van Berne Cma (Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Paul Juras Cma Cpa (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan J Kreimer Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony N Caspio Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atul Kumar Agarwal Cma Fcma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernice Jenkins Cma Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad J Monterio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brigitte De Graaf Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine B Long Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles R Wright Cmacgmacpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Alan Fuzzellcmacscacpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Di Wu Cma Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Rinku Bhattacharya Cmacpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Roopa Venkatesh Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fatema Elzahraa El Wakeel Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gopinath R R Mallipatna Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane E Karli Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaywardhan Semwal Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karmin Bailey Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Lap Caleb Yan Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie A Bergman Cma Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mandoria Johnston Cma Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria D D Alonso Sanchez Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mohamad Bachar Saidi Cma Acma Indi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalia N Maslovacmactppmp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter J Dolancmacfmcscacpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ping Lu Cma Acca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Qing Zhu Cma Csca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard T Brady Cma Cgfm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney W Kochcmacscapmpccp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Srikrishna Mankal Cma (Director, Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sunil S Deshmukh Cma Cbm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Sheung Fai Kam Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yi Zhang Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zhanguang Di Cma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.imanet.org

    Where can I find the form 990 for Institute Of Management Accountants Inc?

    The Institute Of Management Accountants Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.imanet.org

    Learn more at the official website: www.imanet.org

    Mission Statement of Institute Of Management Accountants Inc

    The Institute of Management Accountants Inc serves as a hub for fostering research, practice development, education, and knowledge sharing in the realm of management accounting and finance. Established with a mission to advocate for the highest ethical and best business practices, this organization offers a platform where members can expand their understanding of accounting methods, with a particular emphasis on management accounting.

    Through its membership services, the Institute of Management Accountants Inc empowers its members by providing them with opportunities to enhance their knowledge and capabilities in management accounting. Networking through chapters and councils offers members the chance to learn from one another and engage in local educational events. Furthermore, online communities connect members from diverse regions, fostering a global network of professionals dedicated to advancing their expertise. In the fiscal year 2022, the organization boasted a year-end membership of 137,489 individuals.

    Impact

    This information is meant to be a general summary of Institute Of Management Accountants Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Institute of Management Accountants Inc provides a forum for research, practice development, education, knowledge sharing, and advocacy of the highest ethical and best business practices in management accounting and finance. With a membership base of 137,489 individuals as of fiscal year 2022, this organization plays a crucial role in advancing the field of accounting and equipping its members with the necessary tools and knowledge to excel in their professional endeavors. Through networking opportunities, local educational events, and online communities, the Institute of Management Accountants Inc fosters a collaborative environment where members can learn from each other and stay updated on industry trends. This impacts the accounting community by promoting excellence, integrity, and continuous learning among accounting professionals, ultimately contributing to the overall improvement of the profession.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,369,738
  • Program Service Revenue: $19,234,952
  • Gross Receipts: $27,641,934

    • Assets and Liabilities:
  • Total Assets: $56,534,906
  • Total Liabilities: $47,457,118
  • Net Assets: $9,077,788
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP DUES

    Revenue

    $16,762,656

    CONFERENCES

    Revenue

    $1,640,550

    EDUCATION PROGRAMS

    Revenue

    $613,556

    SUBSCRIPTIONS

    Revenue

    $218,190

    Organization Details

    Founding Year

    1919

    Principal Officer

    Jeffrey Thomson

    Main Address

    10 PARAGON DRIVE, MONTVALE, NJ, 07645

    NTEE Category

    Code: S410 - Community improvement

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