2018-05-08T15:52:30-05:00 2017-06-30 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2016-07-01 223323222 IMA RESEARCH FOUNDATION INC IMAR 2015739000 10 Paragon Drive Montvale NJ 07645 DOREEN REMMEN CFO 2015739000 2018-05-08 1 THOMAS LANNING P00851654 9732283500 2018-04-09 2016 2022-09-23 18:48:47Z Benjamin mulling CMA CPA 10 Paragon Drive Montvale NJ 07645 203974 0 X N/A X 1994 NJ To develop and disseminate timely management accounting and financial management research findings that can be applied to current and emerging business issues. 6 4 0 4 0 0 1030 201725 0 0 0 0 3018 2249 4048 203974 60032 55217 0 0 0 0 0 0 0 19834 18149 79866 73366 -75818 130608 480002 397726 442884 230000 37118 167726 To develop and disseminate timely management accounting and financial management research findings that can be applied to current and emerging business Issues. 0 0 73366 55217 THE IMA RESEARCH FOUNDATION EXISTS TO ADMINISTER THE RESEARCH PROGRAM OF THE CONTROLLING ORGANIZATION (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.), RESULTING IN PUBLISHED STUDIES AND EDUCATIONAL ARTICLES. IN FISCAL YEAR 2017, 31 GRANTEES WERE AWARDED RESEARCH GRANTS, AND 2 STUDIES AND ARTICLES WERE PUBLISHED. 73366 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DOREEN REMMEN 2015739000 10 Paragon Drive Montvale NJ 07645 alex c eng cma cfm cpa trustee 1.00 11.00 X 0 1050 0 BENJAMIN MULLING CMA cPA CITP president 5.00 11.00 X X 0 0 0 Dr Gregory A Jonas CMA trustee 1.00 X 0 0 0 Jeffrey Thomson CMA cae TRustee 0.50 40.50 X 0 585430 15306 Marc P Palker CMA RTRP trustee 1.00 7.00 X 0 0 0 Raef Lawson Committee Staff Liaison 0.50 40.00 X 0 228671 29863 Doreen Remmen CMA CAE CFO 0.50 41.50 X 0 261075 32219 0 1076226 77388 0 0 1 0 0 201725 201725 2249 2249 203974 0 0 2249 1390 1390 40978 40978 12849 12849 808 808 Shared Support 17341 17341 73366 73366 0 0 480002 30000 0 367726 480002 397726 442884 230000 442884 230000 X 37118 167726 37118 167726 480002 397726 130608 0 X X 0 1 X 1 0 X 1716 3120 201275 1030 201725 408866 1716 3120 201275 1030 201725 408866 391647 17219 232 131 3147 3018 2249 8777 417643 9404 0.04120 0.56560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Due to affiliates 367726 367726 Due to affiliates 230000 230000 X 37710744 37506770 37506770 203974 0 203974 36582190 36508824 36508824 73366 0 73366 Part X, Line 2: 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 years ended June 30, 2017 and 2016. Part XI, Line 2d - Other Adjustments: Related organization revenue 37,708,495. related organization elimination -201,725. Part XII, Line 2d - Other Adjustments: Related organization expenses 36,710,549. related organization elimination -201,725. North America 0 0 Grantmaking Research grants 2000 Europe (Including Iceland & Greenland) 0 0 Grantmaking Research grants 8099 East Asia and the Pacific 0 0 Grantmaking Research grants 2750 0 0 0 0 0 0 12849 0 12849 0 0 0 0 0 0 Part I, Line 2: Grants are for clearly defined research projects in management accounting and related fields, and are limited to doctoral students and researchers Doctoral students must provide faculty advisor support for project Researchers must be full-time college/university faculty or Industry practitioners with appropriate research experience, credentials and/or certifications Research project proposals Include a timeline and progress report(s), and deliverables include report, publication and/or presentation geared towards financial professionals. 1 Research grants 31 40978 0 Part I, Line 2: GRANTS ARE FOR CLEARLY DEFinD RESEARCH PROjECTS iN MANAGEMENT ACCOUNTiNG AND RELATED FiELDS, AND ARE LiMiTED TO DOCTORAL STUDENTS AND RESEARCHERS. DOCTORAL STUDENTS MUST PROViDE FACULTY ADVISOR SUPPORT FOR PROJECT. RESEARCHERS MUST BE FULL-TiME COLLEGE/UNiVERSiTY FACULTY OR INDUSTRY PRACTiTiONERS WiTH APPROPriATE RESEARCH EXPEriENCE, CREDENTiALS AND/OR CERTiFiCATiONS. RESEARCH PROJECT PROPOSALS INCLUDE A TiMELiNE AND PROGRESS REPORT(S), AND DELIVERABLES INCLUDE REPORT, PUBLICATION AND/OR PRESENTATION GEARED TOWARDS FinANCiAL PROFESSIONALS. 0 0 0 0 0 0 0 0 0 Jeffrey Thomson CMA cae TRustee 0 468421 0 114237 0 2772 0 10600 0 4706 0 600736 0 0 Raef Lawson Committee Staff Liaison 0 186353 0 39633 0 2685 0 9361 0 20502 0 258534 0 0 Doreen Remmen CMA CAE CFO 0 214009 0 44179 0 2887 0 10600 0 21619 0 293294 0 0 Part I, Line 3 The CEO and CFO of the controlling affiliate (Institute of Management Accountants, Inc) are officers (Secretary and Treasurer) of the entity Compensation of officers and key employees, if any, are reviewed and approved by Independent members of the controlling affiliate's Board annually after review of comparable data and deliberation Meetings are contemporaneously recorded. Form 990, Part VI, Section B, line 11b COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. Form 990, Part VI, Section B, line 12c Board members, officers and key employees, if any, review and sign a conflict of Interest statement and disclosure in accordance with the policies and procedures of controlling affiliate (Institute of Management Accountants, Inc.) CEO and Board Chair of Ethics Committee of 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 The CEO and CFO of the controlling affiliate (Institute of Management Accountants Inc) are officers (Secretary and Treasurer) of the entity Compensation of officers and key employees, if any, are 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 or key employees. Form 990, Part VI, Section C, line 19 The consolidated audited financial statements and conflict of Interest policy of controlling affiliate (Institute of Management Accountants, Inc), and entity's governing documents and Form 1023 are available on the controlling affiliate's website. The entity's form 990 is available on Guidestar website and upon written request. Form 990 XII line 2c explanation The Organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant. institute of Management Accountants Inc 10 Paragon Drive Montvale NJ 07645 222659674 Educational products and services in management accounting and related field NJ 501(c)3 Line 10 None 0 Institute of Certified Management Accountants Inc 10 Paragon Drive Montvale NJ 07645 222679694 Develop adminster and promote certification for management accountants NJ 501(c)6 Institute of Management Accountants Inc 0 Institute of Management Accountants Memorial Education Fund Inc 10 Paragon Drive Montvale NJ 07645 222673344 Accept bequests and gifts and make grants to support educational programs in NJ 501(c)3 Line 12a, I Institute of Management Accountants Inc 0 ima services inc 10 paragon drive montvale NJ 07645 271144394 promotion of educational services in accounting NJ N/A 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Institute of Certified Management Accountants Inc E 230000 FMV