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Institute of Management Accountants Inc.

Institute of Management Accountants Inc.

Montvale, NJ 07645
Tax ID22-2659674

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About this organization

Revenue

$22,603,144

Expenses

$20,656,796

Website

imanet.org

Mission

To provide a forum for research, practice development, education, knowledge sharing and the advocacy of the highest ethical and best business practices in management accounting and finance.

About

Membership services provided opportunities for members to increase their knowledge of accounting practices and methods with emphasis on management accounting, and to increase their individual capabilities. Networking opportunities through chapters and councils enable members to learn from each other and participate in local educational events. Online communities are also provided to connect members from all regions. In fiscal year 2019, year-end membership was 139,853.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To provide a forum for research, practice development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting & finance.”.

When explaining its purpose, the activities were described as: “To provide a forum for research, practice development, education, knowledge sharing and the advocacy of the high -est ethical and best business practices in management acct&finance.”.

  • The non-profit is legally allowed to operate in the state of NJ, as reported.
  • The filing provides the non-profit's address in 2020 as 10 Paragon Dr, Montvale, NJ, 07645.
  • The non-profit has a total of 128 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,946,348.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 51 independent voting members.
  • The organization was formed in 1919.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $16,917,321 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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