2024-04-30T15:10:10-05:00 2023-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-07-01 222679694 INSTITUTE OF CERTIFIED MANAGEMENT ACCOUNTANTS INC INST 2015739000 10 PARAGON DRIVE MONTVALE NJ 07645 CHRISTINE MILLAWAY CFO & SVP 2015739000 2024-04-30 1 CHRISTINE MILLAWAY 999009999 0 DANIEL ROMANO P00504182 2125990100 2024-04-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GWEN VAN BERNE CMA 10 PARAGON DRIVE MONTVALE NJ 07645 32141664 0 X WWW.IMANET.ORG/CMA_CERTIFICATION.ASPX X 1985 NJ TO DEVELOP, ADMINISTER, AND PROMOTE CERTIFICATION DESIGNED TO VALIDATE (CONTINUED IN SCH O) MASTERY OF THE RELEVANT BODY OF KNOWLEDGE AND PRACTICAL SKILLS BY MANAGEMENT ACCOUNTING AND FINANCE PROFESSIONALS. 5 4 15 21 0 0 0 0 19845360 26086787 871838 666324 74269 71513 20791467 26824624 0 0 0 0 2736636 2531925 0 0 0 23620911 26922947 26357547 29454872 -5566080 -2630248 14001661 5817081 17378057 11720402 -3376396 -5903321 TO DEVELOP, ADMINISTER, AND PROMOTE CERTIFICATION DESIGNED TO VALIDATE MASTERY OF THE RELEVANT BODY OF KNOWLEDGE AND PRACTICAL SKILLS BY MANAGEMENT ACCOUNTING AND FINANCE PROFESSIONALS. 0 0 THE INSTITUTE OF CERTIFIED MANAGEMENT ACCOUNTANTS, INC. EXISTS TO DEVELOP AND ADMINISTER THE EXAMINATIONS FOR THE CERTIFIED MANAGEMENT ACCOUNTANT (CMA) AND CERTIFIED IN STRATEGY AND COMPETITIVE ANALYSIS (CSCA) DESIGNATIONS. 11,883 CMA CERTIFICATES WERE AWARDED IN FISCAL YEAR 2023, AND ACTIVE CMA PROGRAM PARTICIPANTS (CMAS AND CANDIDATES) AT FISCAL YEAR-END TOTALED 118,547. 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 15 1 0 1 IN 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTINE MILLAWAY 2015739000 10 PARAGON DRIVE SUITE 1 MONTVALE NJ 07645 RUSS PORTER CMA CFM CSCA CFO 0.50 39.50 X 0 411194 20324 DENNIS WHITNEY CMA TREASURER 40.00 0.00 X X 379431 0 24673 ELLEN GUREVICH CAE VICE PRESIDENT 20.00 20.00 X 0 267288 19200 PADRAIG HARE CAE CGEIT VICE PRESIDENT (THRU 01/23) 20.00 20.00 X 0 271132 12810 PATRICIA STEFANCZYK CAE VICE PRESIDENT 20.00 20.00 X 0 249185 16657 STEVE SHANNON DIRECTOR 20.00 20.00 X 0 235822 12999 LOREAL JILES VICE PRESIDENT 20.00 20.00 X 0 218475 17090 GWEN VAN BERNE CMA PRESIDENT 1.00 8.00 X X 0 0 0 J STEPHEN MCNALLY CMA CPA SECRETARY 1.00 6.00 X X 0 0 0 SRIKRISHNA MANKAL CMA MEMBER 1.00 3.00 X 0 0 0 RICHARD T BRADY CMA CGFM MEMBER 1.00 6.00 X 0 0 0 379431 1653096 123753 11 0 1 0 0 CERTIFICATION EXAM PRO 611710 26086787 26086787 0 0 26086787 247665 247665 5735699 5317040 418659 418659 418659 ALLOCATED INC IMA IND. 900099 71513 71513 71513 26824624 26086787 0 737837 403516 1543239 449969 135201 15699 726859 340210 5697 4030 ALLOCATED SUPPORT EXP. 19043460 ADMINISTRATION EXPENSES 6672736 OTHER TAXES 61290 ALLOCATED EXPENSES FROM 30737 22229 29454872 47869 5853 847409 882214 13106383 4929014 14001661 5817081 1054476 1994245 16323581 9689960 0 36197 17378057 11720402 X -3376396 -5903321 -3376396 -5903321 14001661 5817081 -2630248 103323 0 X X 0 1 X 1 0 0 DUE FROM AFFILIATE 4673272 OTHER ASSETS IN IMA INDIA 159923 INVESTMENT IN SUBSIDIARY 94499 OTHER ASSETS IN IMA EGYPT 1320 4929014 OTHER LIABILITIES IN IMA EGYPT 32058 DUE TO AFFILIATE 2050 OTHER LIABILITIES IN IMA INDIA 2089 36197 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) IMA, IMAMEF, IMARF AND IMA PRODUCTS AND SERVICES, LLC (A NON-OPERATING ENTITY) WERE INCORPORATED IN THE STATE OF NEW JERSEY AND ARE EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, THEREFORE, HAVE MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. ICMA IS CURRENTLY EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(6) OF THE CODE. IMA, IMAMEF, IMARF, IMA PRODUCTS AND SERVICES, LLC AND ICMA HAVE BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE "PRIVATE FOUNDATIONS" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX PAYABLE FOR THE YEAR ENDED JUNE 30, 2023. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, CHANGE IN NET ASSETS OR CASH FLOWS. SOUTH ASIA 0 0 INVESTMENT 159923 0 0 0 0 0 0 159923 0 159923 0 0 1 0 0 1 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 0 0 0 RUSS PORTER CMA CFM CSCA CFO 0 381269 0 29925 0 0 0 12200 0 8124 0 431518 0 0 DENNIS WHITNEY CMA TREASURER 346112 0 33319 0 0 0 20400 0 4273 0 404104 0 0 0 ELLEN GUREVICH CAE VICE PRESIDENT 0 243130 0 24158 0 0 0 11076 0 8124 0 286488 0 0 PADRAIG HARE CAE CGEIT VICE PRESIDENT (THRU 01/23) 0 247793 0 23339 0 0 0 10733 0 2077 0 283942 0 0 PATRICIA STEFANCZYK CAE VICE PRESIDENT 0 226093 0 23092 0 0 0 10192 0 6465 0 265842 0 0 STEVE SHANNON DIRECTOR 0 109037 0 126785 0 0 0 9535 0 3464 0 248821 0 0 LOREAL JILES VICE PRESIDENT 0 199332 0 19143 0 0 0 8966 0 8124 0 235565 0 0 PART I, LINE 3 THE SVP & CFO OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) AND THE TREASURER ARE OFFICERS OF THE ENTITY. COMPENSATION OF OFFICERS, IF ANY, IS REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE CONTROLLING AFFILIATE'S BOARD AFTER REVIEW OF COMPARABLE DATA AND DELIBERATION MEETINGS ARE CONTEMPORANEOUSLY RECORDED. FORM 990, PART VII, SECTION A, LINE 1 AND SCHEDULE J, PART II: VARIOUS INDIVIDUALS REPORTED IN THE ICMA FORM 990 ARE PAID BY AN AFFILIATED ORGANIZATION, INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC. ("IMA"). FORM 990, PART VII AND SCHEDULE J, PART II REPORT THE COMPENSATION AS HAVING BEEN PAID BY IMA. HOWEVER, A PORTION OF THE INDIVIDUALS' COMPENSATION IS REIMBURSED BY ICMA BASED ON SERVICES RENDERED TO THAT ORGANIZATION. BENEFITS FOR DENNIS WHITNEY WERE PAID BY IMA AND WERE REIMBURSED TO IMA. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS SOME OF ICMA'S CURRENT OFFICERS AND DIRECTORS, AS REPORTED IN FORM 990 PART VII-A, ARE SERVING AS BOARD MEMBERS AND/OR OFFICERS OF IMA'S RELATED ENTITIES DURING TAX YEAR OF 2022. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS A COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT BOARD MEMBERS, OFFICERS AND EMPLOYEES, IF ANY, REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSURE IN ACCORDANCE WITH THE POLICIES AND PROCEDURES OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.). THE CEO AND BOARD CHAIR OF THE ETHICS COMMITTEE OF THE CONTROLLING AFFILIATE FOLLOW UP ON DISCLOSED ITEMS. MEMBERS ARE PERIODICALLY REMINDED TO DISCLOSE CONFLICTS OF INTEREST ON ANY MATTER ADDRESSED BY THE BOARD. CONFLICT OF INTEREST COMPLIANCE MEASURES UNDER THE CONTROLLING AFFILIATE'S CODE OF ETHICS POLICY INCLUDE DISCIPLINARY ACTION UP TO AND INCLUDING EXPULSION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE SVP AND CFO OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) AND TREASURER ARE OFFICERS OF THE ENTITY. COMPENSATION OF OFFICERS, IF ANY, IS REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE CONTROLLING AFFILIATE'S BOARD ANNUALLY AFTER REVIEW OF COMPARABLE DATA AND DELIBERATION. MEETINGS ARE CONTEMPORANEOUSLY RECORDED. THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.), AND THE ENTITY'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE CONTROLLING AFFILIATE S WEBSITE. THE FORM 1024 IS AVAILABLE UPON WRITTEN REQUEST. THE ENTITY'S FORM 990 IS AVAILABLE ON GUIDESTAR'S WEBSITE AND UPON WRITTEN REQUEST. IMA RESEARCH FOUNDATION INC 10 PARAGON DRIVE MONTVALE NJ 07645 223323222 EDUCATION NJ 501(C)(3) LINE 12A, I IMA 0 INSTITUTE OF MANAGEMENT ACCOUNTANTS INC 10 PARAGON DRIVE MONTVALE NJ 07645 222659674 EDUCATION NJ 501(C)(3) LINE 10 NONE 0 INST OF MGMT ACCTS MEMORIAL EDU FUND 10 PARAGON DRIVE MONTVALE NJ 07645 222673344 GRANT SUPPORT NJ 501(C)(3) LINE 12A, I IMA 0 STICHTING INST OF MGMT ACCTS THE NETHERLANDS DE BOELELAAN 30 UNIT 305 1083HJ AMSTERDAM ZUIDAS NL 1083HJ 999999999 EDUCATION SUPPORT NL 501(C)(3) IMA 0 IMA SERVICES INC (IMAS) 10 PARAGON DRIVE MONTVALE NJ 07645 271144394 EDUCATION SERVICE NJ IMA C 0 BEIJING IMA MANAGEMENT CONSULTING LTD 1 E CHANGAN AVE DONGCHENG DIST BEIJING CH 100052 999999999 EDUCATION SUPPORT SERVICE CH IMAS C 0 INST OF MGMT ACCTS INDIA PRIVATE LTD 2001 URMI EST TWR A 20TH FL 95 G LOWER PAREL W MUMBAI IN 400013 999999999 EDUCATION SUPPORT SERVICE IN ICMA C 71513 159923 0.99000 1 IMA SOUTH EAST ASIA PTE LTD 60 PAYA LEBAR ROAD 06-19 PAYA LEBAR PAYA LEBAR SN 409051 999999999 EDUCATION SUPPORT SN IMA C 0 IMA EGYPT FOR CONSULTANCY BLDG NO 5 ZIZINIA RESORT 5TH SET NEW CAIRO EG 999999999 EDUCATION SUPPORT EG IMAICMA C 1320 0.50000 1 IMA ARABIA AL-WURUD KING ABDULLAH RD RIYADH SA 8124-12253 999999999 EDUCATION SUPPORT SA IMA C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 INSTITUTE OF MANAGEMENT ACCOUNTANTS INC D 8252291 FMV