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Institute For Operations Research And The Management Sciences

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

EIN: 521898636 ✦ Catonsville, MD ✦ Designated as a 501(c)(3)

Overview

What is Institute For Operations Research And The Management Sciences?

The Institute For Operations Research And The Management Sciences, also known as INFORMS, is a prominent nonprofit organization located at 5521 Research Park Drive 200, Catonsville, Maryland, 21228. With a team of 55 dedicated professionals, INFORMS is committed to advancing the science and practice of operations research, analytics, and management science. They produce seventeen scientific and scholarly journals, published on a monthly, bi-monthly, and quarterly basis, which showcase the latest operations research and analytics methods and applications. INFORMS' mission is to lead in the development, dissemination, and implementation of knowledge, research, and technologies in the fields of operations research, analytics, management sciences, and related methods for improving operational processes, decision making, and management.


Official website here: www.informs.org

Is Institute For Operations Research And The Management Sciences legitimate?

Institute For Operations Research And The Management Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Operations Research And The Management Sciences 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: $536,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,428,385

For more financial information, click here


Official website here: www.informs.org

What is the mission statement of Institute For Operations Research And The Management Sciences?

The Institute For Operations Research And The Management Sciences (INFORMS) is committed to advancing the field of operations research, analytics, and management science. This institution plays a pivotal role in the development, dissemination, and implementation of knowledge, research, and technologies in these areas. INFORMS produces seventeen scientific and scholarly journals that showcase the latest methods and applications in operations research and analytics, as well as an industry and membership magazine. The organization's mission is to lead in the expansion of operational processes, decision making, and management through the application of these disciplines and related methods.


Official website here: www.informs.org

Who is the CEO of Institute For Operations Research And The Management Sciences?

Elena Gerstmann is the President of Institute For Operations Research And The Management Sciences.


Official website here: www.informs.org

What is the revenue of Institute For Operations Research And The Management Sciences?

Institute For Operations Research And The Management Sciences's revenue in 2022 was $12,689,693.


Official website here: www.informs.org

Who are the executives of Institute For Operations Research And The Management Sciences and what are their salaries?

The average compensation at Institute For Operations Research And The Management Sciences during 2022 was $72,087. There are 55 employees and 4,500 volunteers at Institute For Operations Research And The Management Sciences.

Here are 22 key members and their salaries:

    Elena A Gerstmann (Executive Director)
  • Compensation: $302,043
  • Related: $0
  • Other: $46,919

    • Darda C Duncan (Chief Financial Officer)
  • Compensation: $185,281
  • Related: $0
  • Other: $32,065

    • Jeffrey M Cohen (Chief Strategy & Innovation Officer)
  • Compensation: $178,982
  • Related: $0
  • Other: $18,555

    • Regina M Lloyd (Chief Human Resources Officer)
  • Compensation: $154,420
  • Related: $0
  • Other: $30,470

    • Kyle Jordan (Director, Meetings)
  • Compensation: $162,561
  • Related: $0
  • Other: $12,256

    • Mary T Magrogan (Director, Recognition And Dvlpmnt)
  • Compensation: $146,146
  • Related: $0
  • Other: $16,731

    • John King (Director, It)
  • Compensation: $143,709
  • Related: $0
  • Other: $1,526

    • Radhika Kulkarni (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Elbert (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen C Graves (Past-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Lewis (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Hunt (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miguel Anjos (Vp, International Activiti) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Missie Bowers (Vp, Education) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Lougee (Vp, Practice) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maciek Nowak (Vp, Sections & Societies) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pelin Pekgun (Vp, Membership And Profess) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raghu Raghavan (Vp, Technology Strategy) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cole Smith (Vp, Publications) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamas Terlaky (Vp, Meetings) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L Beril Toktay (Vp, Marketing, Communicati) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Walker (Vp, Chapters And For A) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.informs.org

    Where can I find the form 990 for Institute For Operations Research And The Management Sciences?

    The Institute For Operations Research And The Management Sciences’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.informs.org

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

    Mission Statement of Institute For Operations Research And The Management Sciences

    The Institute For Operations Research And The Management Sciences, often referred to as INFORMS, is a renowned organization committed to advancing the field of operations research, analytics, and management science. In doing so, it strives to contribute to the development, dissemination, and implementation of knowledge, research, and technologies in these areas.

    With a strong focus on operations research and analytics, INFORMS publishes a total of seventeen scholarly journals on a monthly, bi-monthly, and quarterly basis. These publications serve as a platform for sharing the latest methods and applications in operations research and analytics, providing value to both academia and industry. In addition to these journals, INFORMS also produces an industry and membership magazine that delivers news from across the profession.

    By leading in the field of operations research, analytics, and management science, INFORMS plays a crucial role in improving operational processes, decision-making, and management. Through its publications and various initiatives, the organization plays a vital part in shaping the future of these disciplines. INFORMS' dedication to the advancement of knowledge in this field ultimately benefits organizations and individuals, driving progress and innovation.

    Impact

    This information is meant to be a general summary of Institute For Operations Research And The Management Sciences. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Institute For Operations Research And The Management Sciences, known as INFORMS, has had a significant impact in advancing the fields of operations research, analytics, and management science. Through its various activities and publications, including seventeen scientific and scholarly journals and an industry and membership magazine, INFORMS plays a crucial role in disseminating the latest research methods and applications in these disciplines.

    INFORMS leads the way in developing and implementing knowledge, research, and technologies related to operations research, analytics, and management sciences. By promoting innovative approaches to improving operational processes, decision-making, and management practices, INFORMS contributes to enhancing efficiency and effectiveness across various sectors.

    With its focus on advancing the science and practice of operations research, analytics, and management science, INFORMS has a profound impact on shaping the future of these fields and driving progress in solving complex problems through data-driven and evidence-based approaches.





    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: $-1,144,526
  • Program Service Revenue: $11,576,586
  • Gross Receipts: $16,065,132

    • Assets and Liabilities:
  • Total Assets: $24,048,596
  • Total Liabilities: $8,351,463
  • Net Assets: $15,697,133
  • Programs

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

    PUBLICATIONS

    Revenue

    $5,378,113

    CONFERENCE

    Revenue

    $4,433,488

    MEMBERSHIP DUES

    Revenue

    $1,414,205

    SUBDIVISIONS

    Revenue

    $344,310

    COMMITTEE & PROGRAMS

    Revenue

    $6,470

    Organization Details

    Founding Year

    1995

    Principal Officer

    Elena Gerstmann

    Main Address

    5521 RESEARCH PARK DRIVE 200, CATONSVILLE, MD, 21228

    NTEE Category

    Code: V22 - Social research

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