2016-08-11T10:08:46-05:00 2015-12-31 420714325 RSM US LLP 751 ARBOR WAY SUITE 200 BLUE BELL PA 19422 990 2015-01-01 231887442 PROJECT MANAGEMENT INSTITUTE PROJ 6103564600 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 MARK A LANGLEY PRESIDENT & CEO 6103564600 2016-08-11 1 CHRISTOPHER M PEKULA P00734965 2156418600 2016-08-11 2015 2016-12-15 16:53:06Z MARK A LANGLEY 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 347011660 0 3735 X WWW.PMI.ORG X 1969 PA TO ADVANCE THE PRACTICE, SCIENCE AND PROFESSION OF PROJECT MANAGEMENT THROUGHOUT THE WORLD IN A CONSCIOUS AND PROACTIVE MANNER. PMI'S ENVISIONED GOAL AS STATED IN ITS STRATEGIC PLAN IS: WORLDWIDE, ORGANIZATIONS WILL EMBRACE, VALUE, AND UTILIZE PROJECT MANAGEMENT AND ATTRIBUTE THEIR SUCCESS TO IT. 15 15 429 8100 5481162 -260674 51269 0 153624161 173886095 15304626 26260519 11357795 10439248 180337851 210585862 4022787 5264030 0 0 37489268 43030812 0 0 0 95735041 103511090 137247096 151805932 43090755 58779930 414337290 445945408 56605016 59299885 357732274 386645523 X TO ADVANCE THE PRACTICE, SCIENCE AND PROFESSION OF PROJECT MANAGEMENT THROUGHOUT THE WORLD IN A CONSCIOUS AND PROACTIVE MANNER. PMI'S ENVISIONED GOAL AS STATED IN ITS STRATEGIC PLAN IS: WORLDWIDE, ORGANIZATIONS WILL EMBRACE, VALUE, AND UTILIZE PROJECT MANAGEMENT AND ATTRIBUTE THEIR SUCCESS TO IT. 0 0 CERTIFICATIONS: PMI IS THE LEADING CERTIFIER OF PROJECT MANAGERS GLOBALLY. ITS CERTIFICATIONS ARE RECOGNIZED BY BUSINESS AND GOVERNMENT AND PROVIDE THE OPPORTUNITY FOR PRACTITIONERS OF PROJECT MANAGEMENT TO DEMONSTRATE THEIR ACCOMPLISHMENTS THROUGH THE RIGOROUS EXAMINATION PROCESS. PMI'S PROJECT MANAGEMENT PROFESSIONAL (PMP) CERTIFICATION IS THE MOST IMPORTANT GLOBALLY-RECOGNIZED AND INDEPENDENTLY VALIDATED CREDENTIAL FOR PROJECT MANAGERS, WITH OVER 694,000 CERTIFIED PMPS AROUND THE WORLD AS OF DECEMBER 2015. PMI ALSO OFFERS CERTIFICATION SPECIFIC AREAS OF PROJECT MANAGEMENT, INCLUDING CERTIFICATION FOR PROJECT RISK (PMI-RP), PROJECT SCHEDULING PROFESSIONALS (PMI-SP), AGILE CERTIFICATION (PMI-ACP), PORTFOLIO MANAGEMENT (PFMP), PROGRAM MANAGEMENT (PGMP), AND BUSINESS ANALYSIS (PMI-PBA). PMI ALSO CERTIFIES NEWER PROJECT MANAGEMENT PRACTITIONERS THROUGH ITS CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM). MEMBERSHIP: PMI IS THE WORLD'S LEADING NOT-FOR-PROFIT MEMBERSHIP ASSOCIATION FOR THE PROJECT MANAGEMENT PROFESSION, WITH MORE THAN 478,000 MEMBERS IN 204 COUNTRIES. PMI PROVIDES ITS MEMBERS WITH ACCESS TO KNOWLEDGE, NETWORKS, AND RESOURCES THAT CAN HELP THEM IMPROVE THEIR WORK AND ADVANCE THEIR CAREER IN PROJECT MANAGEMENT, INCLUDING TOOLS TO ASSESS THEIR SKILLS AND PLAN THEIR CAREER PATH, ONLINE AND DIGITAL RESOURCES INCLUDING THE PMBOK GUIDE, ARTICLES & PAPERS, WEBINARS, LEADERSHIP & VOLUNTEER OPPORTUNITIES, QUALITY PUBLICATIONS TO KEEP THEM INFORMED, AND DISCOUNTS ON PMI CREDENTIAL EXAMS AND RENEWALS. SEMINARS AND SYMPOSIUMS: PMI HOSTS ANNUAL CONGRESSES IN THE EUROPE, AFRICA AND THE MIDDLE EAST (EMEA) AND NORTH AMERICA REGIONS TO BRING PROJECT MANAGEMENT PRACTITIONERS AROUND THE WORLD TOGETHER TO ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. PMI ALSO HOSTS SMALLER REGIONAL EVENTS THROUGHOUT THE YEAR IN THE ASIA/PACIFIC AND LATIN AMERICA REGIONS. PMI ALSO HOSTS SEMINARSWORLD AND VIRTUAL EDUCATIONAL OFFERINGS TO HELP PRACTITIONERS ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. PMI ANNUALLY HOSTS IT PMO SYMPOSIUM, AT WHICH ATTENDEES HAVE THE OPPORTUNITY TO LEARN IMPORTANT INSIGHTS FROM GLOBAL INDUSTRY LEADERS VIA INFORMATIVE SESSIONS, PRESENTATIONS, INTERACTIVE SESSIONS, AND UNIQUE LEADERSHIP EXCURSIONS. PUBLICATIONS: PMI PUBLISHES BOOKS, RESEARCH PAPERS, AND A QUARTERLY TECHNICAL JOURNAL TO ENHANCE THE KNOWLEDGE AVAILABLE TO ORGANIZATIONS AND INDIVIDUALS IN THE FIELD OF PROJECT MANAGEMENT. PMI'S PREMIER PUBLICATION, PM NETWORK, IS DISTRIBUTED MONTHLY TO OVER 478,000 MEMBERS IN 204 COUNTRIES AND TO 83 LIBRARIES INTERNATIONALLY. STANDARDS: PMI IS THE LEADING GLOBAL DEVELOPER OF PROJECT MANAGEMENT STANDARDS. PROJECT MANAGERS AROUND THE WORLD HAVE THE OPPORTUNITY TO VOLUNTEER FOR THE STANDARDS DEVELOPMENT PROCESS AND TO SUBMIT THEIR INPUT IN DEVELOPING PMI'S STANDARDS. THE FIFTH EDITION OF A GUIDE TO THE PROJECT MANAGEMENT BODY OF KNOWLEDGE (PMBOK GUIDE), THE LEADING GLOBAL STANDARDS FOR PROJECT MANAGEMENT, ALONG WITH THREE OTHER STANDARDS WHICH INCLUDE THE STANDARD FOR PORTFOLIO MANAGEMENT (THIRD EDITION), THE STANDARD FOR PROGRAM MANAGEMENT (THIRD EDITION), AND THE ORGANIZATIONAL PROJECT MANAGEMENT MATURITY MODEL (OPM3 THIRD EDITION) COMPRISE THE MOST COMPREHENSIVE SET OF STANDARDS AVAILABLE FOR INDIVIDUALS AND ORGANIZATIONS IN THE FIELD OF PROJECT MANAGEMENT. PMI ALSO PUBLISHES PRACTICE STANDARDS AND PRACTICE GUIDES THAT DESCRIBE THE USE OF TOOLS, TECHNIQUES, OR PROCESSES IDENTIFIED IN THE PMBOK GUIDE AND OTHER FOUNDATIONAL STANDARDS. SEMINARS AND CONGRESSES: PMI HOSTS ANNUAL CONGRESSES IN EUROPE, AFRICA AND THE MIDDLE EAST (EMEA) AND NORTH AMERICA REGIONS TO BRING PROJECT MANAGEMENT PRACTITIONERS AROUND THE WORLD TOGETHER TO ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. PMI ALSO HOSTS SMALLER REGIONAL EVENTS THROUGHOUT THE YEAR IN THE ASIA/PACIFIC AND LATIN AMERICA REGIONS. PMI ALSO HOSTS SEMINARSWORLD AND VIRTUAL EDUCATIONAL OFFERINGS THAT HELP PRACTITIONERS ENHANCE THEIR KNOWLEDGE OF PROJECT MANAGEMENT. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 219 0 1 429 1 1 1 1 IN CH BE AS AE UK SN 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X LISA MAGEE (MANAGER ACCOUNTING) 6103564600 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 190733299 AL ZEITOUN DIRECTOR AT LARGE 3.50 X 0 0 0 CATERINA LA TONA DIRECTOR AT LARGE 3.50 X 0 0 0 CHERYL J WALKER WAITE DIRECTOR AT LARGE 3.50 X 0 0 0 J DAVIDSON FRAME DIRECTOR AT LARGE 3.50 X 0 0 0 JENNIFER THARP DIRECTOR AT LARGE 3.50 X 0 0 0 MARGARETH CARNEIRO DIRECTOR AT LARGE 3.50 X 0 0 0 RICHARDO TRIANA DIR AT LARGE, IMMED. PAST CHAIR 3.50 X 0 0 0 TODD HUTCHISON DIRECTOR AT LARGE 3.50 X 0 0 0 VICTORIA S KUMAR DIRECTOR AT LARGE 3.50 X 0 0 0 WAGNER MAXSEN JOSE DE OLIVERIA DIRECTOR AT LARGE 3.50 X 0 0 0 WILLIAM SAWLE DIRECTOR AT LARGE 3.50 X 0 0 0 DEENA GORDON PARLA DIRECTOR AT LARGE 3.50 X 0 0 0 STEVE DELGROSSO CHAIR 3.50 X 0 0 0 ANTONIO NIETO-RODRIQUEZ VICE CHAIR 3.50 X 0 0 0 MARK DICKSON SECRETARY/TREASURER 3.50 X 0 0 0 MARK A LANGLEY PRESIDENT AND CEO 60.00 5.00 X 1441906 0 48286 JOSEPH J CAHILL VP FINANCE & ADMINISTRATION 50.00 X 85635 0 15345 JOHN J DOYLE VP FINANCE & ADMINISTRATION 50.00 X 225332 0 29575 BRIAN WEISS VP PRACTITIONER MARKETS 50.00 X 244975 0 33125 CINDY ANDERSON VP BRAND MANAGEMENT 50.00 X 207597 0 23070 ROBERT CRAIG KILLOUGH VP ORGANIZATION MARKETS 50.00 X 250460 0 34169 TODD KLEINMAN VP INFORMATION TECHNOLOGY 50.00 X 163456 0 17944 DAVID GARRETT DIRECTOR DIGITAL PRESENCE 37.50 X 290061 0 46997 DOROTHY MCKELVY VP HUMAN RESOURCES 50.00 X 234955 0 30814 GINA P JONES ADVERSTISING SALES EXECUTIVE 37.50 X 271683 0 24569 MICHAEL DEPRISCO VP ACADEMIC & EDUCATIONAL PROGRAM 30.00 20.00 X 202787 0 40323 WILLIAM SCARBOROUGH VP LEGAL 50.00 X 251320 0 43012 3870167 0 387229 106 0 1 0 PROMETRIC PO BOX 223608 PITTSBURGH PA 152512608 EXAM DELIVERY & PSYCHOMETRIC SERVICES 14919093 RACKSPACE MANAGED HOSTING 1 FANATICAL PLACE CITY OF WINDCRES SAN ANTONIO TX 78218 FULLY MANANGED HOSTING AND DATABASE SERV 1677847 PBD INC 1650 BLUEGRASS LAKES PARKWAY ALPHARETTA GA 30004 BOOK FULFILLMENT SERVICES 1656489 INTEREL RUE DU LUXEMBOURG 22-24 BRUSSEL BE EMEA REGIONAL GOVERNMENT & BUSINESS RELA 1639359 IMAGINATION PUBLISHING 600 W FULTON ST CHICAGO IL 60661 CONTENT MARKETING AGENCY 1442816 61 CERTIFICATION 611600 98883640 98883640 MEMBERSHIP 541900 57600428 57600428 SEMINARS/SYMPOSIUM 611430 12292553 12292553 REP MEMBERSHIP FEES 900099 3863124 3863124 GLOBAL EXECUTIVE COUNCIL DUES 900099 1074100 1074100 172250 172250 173886095 12885451 12885451 1151512 1151512 226290 -226290 -226290 -226290 146115408 800 132736111 5029 13379297 -4229 13375068 13375068 7317950 3458368 3859582 3859582 DIGITAL ADVERTISING 541800 4341104 4341104 ADVERTISING 541800 1065570 1065570 MEMBERSHIP REVENUE 900099 160488 160488 87282 74488 12794 5654444 210585862 177745677 5481162 27359023 X 4701105 119009 443916 3702320 30019745 1898192 4199830 3210725 1913874 838334 340082 1234390 18894427 7667879 9969756 5090548 13545 2697682 7412258 13343658 657 7634996 402783 CERTIFICATION ADMINISTR 23420916 MARKET RESEARCH 1251641 PURCHASED ONLINE CONTEN 476079 BAD DEBT 348850 558735 151805932 13291242 15008473 593344 808957 5846855 9177859 1131958 2045662 1061318 521490 2951510 2309451 39988971 22426879 18180969 17562092 314939979 343433791 52470925 51526519 2501410 2214019 1367780 1337095 414337290 445945408 18153046 18518844 37051059 39773042 1400911 1007999 56605016 59299885 X 357732274 386645523 357732274 386645523 414337290 445945408 58779930 -29866681 0 X 0 1 X 1 0 0 0 0 57600428 340082 340082 0 340082 792689 792689 3928185 1562086 2366099 6776039 5443604 1332435 5485445 2608059 2877386 23006613 12813130 10193483 17562092 4148525 C ISHARES CORE S&P ETF 39305026 F PIMCO LOW DURATION 8072968 F 51526519 DEFERRED RENT LIABILITY 985820 DEFERRED TAX LIABILITY 22179 1007999 X 186416607 -29866681 5523891 -24342790 210759397 -173535 -173535 210585862 157786987 9335829 9335829 148451158 3354774 3354774 151805932 PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM U.S. FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) INTERNAL REVENUE CODE AND ALSO EXEMPT FROM PENNSYLVANIA INCOME TAXES. REVENUE GENERATED FROM THE INSTITUTE'S ADVERTISING AND SALES OF MEMBERSHIP MAILING LISTS ARE NOT CONSIDERED PROGRAM ACTIVITY REVENUE BY THE INTERNAL REVENUE SERVICE. THIS TYPE OF INCOME IS CLASSIFIED AS UNRELATED BUSINESS INCOME AND MAY BE SUBJECT TO INCOME TAX. FOR THE YEARS ENDED 31 DECEMBER 2015 AND 2014, THERE WAS NO UNRELATED BUSINESS INCOME TAX DUE. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED 31 DECEMBER 2015 AND 2014. THE INSTITUTE FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2012. THE INSTITUTE'S FOR-PROFIT SUBSIDIARIES THAT ARE SUBJECT TO INCOME TAXES, INCLUDE INCOME TAX EXPENSE AND DEFERRED TAX ASSETS AND LIABILITIES WHICH ARE CALCULATED USING MANAGEMENT'S BEST ASSESSMENT OF ESTIMATED FUTURE TAXES TO BE PAID. AS PART OF THE PROCESS OF PREPARING THE CONSOLIDATED FINANCIAL STATEMENTS, THE INSTITUTE IS REQUIRED TO ESTIMATE INCOME TAXES IN EACH OF THE TAX JURISDICTIONS IN WHICH IT OPERATES. THIS PROCESS INVOLVES ESTIMATING THE ACTUAL CURRENT TAX OBLIGATIONS TOGETHER WITH ASSESSING TEMPORARY DIFFERENCES RESULTING FROM DIFFERING TREATMENT OF CERTAIN ITEMS FOR TAX AND ACCOUNTING PURPOSES. THESE TEMPORARY DIFFERENCES RESULT IN DEFERRED TAX ASSETS AND LIABILITIES, WHICH ARE INCLUDED WITHIN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THE INSTITUTE THEN ASSESSES THE LIKELIHOOD THAT THE DEFERRED TAX ASSETS WILL BE RECOVERED FROM FUTURE TAXABLE INCOME. THE INSTITUTE RECOGNIZES DEFERRED TAX ASSETS TO THE EXTENT THAT THE INSTITUTE BELIEVES THESE ASSETS ARE MORE LIKELY THAN NOT TO BE REALIZED. IN MAKING SUCH A DETERMINATION, THE INSTITUTE CONSIDERS ALL AVAILABLE POSITIVE AND NEGATIVE EVIDENCE, INCLUDING FUTURE REVERSALS OF EXISTING TAXABLE TEMPORARY DIFFERENCES, PROJECTED FUTURE TAXABLE INCOME, TAX PLANNING STRATEGIES, AND RESULTS OF RECENT OPERATIONS. ACTUAL RESULTS COULD DIFFER FROM THIS ASSESSMENT IF ADEQUATE TAXABLE INCOME IS NOT GENERATED IN FUTURE PERIODS. CHANGES IN TAX LAWS AND RATES COULD ALSO AFFECT RECORDED DEFERRED TAX ASSETS AND LIABILITIES IN THE FUTURE. MANAGEMENT IS NOT AWARE OF ANY SUCH CHANGES THAT WOULD HAVE A MATERIAL EFFECT ON THE INSTITUTE'S RESULTS OF OPERATIONS, CASH FLOWS, OR FINANCIAL POSITION. THE INSTITUTE CONSIDERS THE EARNINGS OF CERTAIN NON-U.S. SUBSIDIARIES TO BE INDEFINITELY INVESTED OUTSIDE THE UNITED STATES ON THE BASIS OF ESTIMATES THAT FUTURE DOMESTIC CASH GENERATION WILL BE SUFFICIENT TO MEET FUTURE DOMESTIC CASH NEEDS AND THE INSTITUTE'S SPECIFIC PLANS FOR REINVESTMENT OF THOSE SUBSIDIARY EARNINGS. SHOULD THE INSTITUTE DECIDE TO REPATRIATE THE FOREIGN EARNINGS, THE INSTITUTE WOULD NEED TO ADJUST THE INCOME TAX PROVISION IN THE PERIOD THAT IT WAS DETERMINED THAT THE EARNINGS WILL NO LONGER BE INDEFINITELY INVESTED OUTSIDE THE UNITED STATES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,458,368. INCOME FROM CONSOLIDATED AFFILIATES (PMI EUROPE LTD AND SUBSIDIARIES) 1,250,030. INCOME FROM CONSOLIDATED AFFILIATE (PMI EDUCATIONAL FOUNDATION) 815,493. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -226,290. SERVICE FEE REVENUE CONSOLIDATED SUBSIDIARIES 37,786. INTEREST INCOME FROM CONSOLIDATED SUBSIDIARIES 10,339. ACTIVITY RELATED TO CONSOLIDATED SUBSIDIARIES 4,630. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 226,290. COST OF GOODS SOLD 3,458,368. EXPENSES FROM CONSOLIDATED AFFILIATES (PMI EUROPE LTD AND SUBSIDIARIES) 2,506,754. EXPENSE FROM CONSOLIDATED AFFILIATE (PMI EDUCATIONAL FOUNDATION) 3,144,417. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE TO CONSOLIDATED AFFILIATE (PMI EDUCATIONAL FOUNDATION) 3,167,210. ACTIVITY RELATED TO CONSOLIDATED SUBSIDIARIES 187,564. 1 SOUTH ASIA 3 12 PROGRAM SERVICES CHAPTER DEVELOPMENT AND OUTREACH 2201914 EAST ASIA AND THE PACIFIC 4 18 PROGRAM SERVICES CHAPTER DEVELOPMENT AND OUTREACH 3066919 MIDDLE EAST AND NORTH AFRICA 1 4 PROGRAM SERVICES CHAPTER DEVELOPMENT AND OUTREACH 484027 EUROPE 1 5 PROGRAM SERVICE GLOBAL CONGRESS EMEA & LEADERSHIP INSTITUTE MEETING 1751169 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES LEADERSHIP INSTITUTE MEETING 199150 EUROPE 0 0 PROGRAM SERVICES CHAPTER DEVELOPMENT AND OUTREACH 958973 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROGRAM SUPPORT AND OUTREACH 869654 SOUTH AMERICA 0 0 PROGRAM SERVICES CHAPTER DEVELOPMENT AND OUTREACH 628092 EUROPE 0 0 PROGRAM SERVICES OUTREACH AND ADVOCACY 1639359 EUROPE 1 1 PROGRAM SERVICES MARKETING 1123178 EUROPE 1 1 PROGRAM SERVICES LICENSING FEE 86390 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 219754 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 6308547 EUROPE 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 2842759 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 795109 RUSSIA & THE NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 92966 NORTH AMERICA 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 925060 SOUTH AMERICA 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 768346 SOUTH ASIA 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 945890 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CERTIFICATION EXAM DELIVERY 451195 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES CERTIFICATION EXAM DEVELOPMENT 206617 EUROPE 0 0 PROGRAM SERVICES CERTIFICATION EXAM DEVELOPMENT 344665 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CERTIFICATION EXAM DEVELOPMENT 78142 NORTH AMERICA 1 1 PROGRAM SERVICES BUSINESS & GOVERNMENT OUTREACH 301328 EUROPE 1 1 PROGRAM SERVICES GLOBAL EXECUTIVE COUNCIL MEETING 299014 EUROPE 0 0 PROGRAM SERVICE CERTIFICATION EXAM DEVELOPMENT 143670 EUROPE 1 1 PROGRAM SERVICE SEMINARS WORLD 381134 NORTH AMERICA 0 0 PROGRAM SERVICE SEMINARS WORLD 99762 EUROPE 0 0 PROGRAM SERVICE ACADEMIC WORKSHOP 6992 NORTH AMERICA 0 0 PROGRAM SERVICE ACADEMIC WORKSHOP 12951 EUROPE 0 0 PROGRAM SERVICE CERTIFICATION EXAM DEVELOPMENT 72805 EUROPE 1 5 PROGRAM SERVICE CHAPTER DEVELOPMENT & OUTREACH 311046 9 39 6 10 15 49 10159898 18456679 28616577 EAST ASIA & THE PACIFIC RESEARCH GRANT 20000 CHECK N/A N/A EUROPE RESEARCH GRANT 16667 CHECK N/A N/A EUROPE RESEARCH GRANT 8645 CHECK N/A N/A EUROPE RESEARCH GRANT 16667 CHECK N/A N/A EUROPE RESEARCH GRANT 16666 CHECK N/A N/A EUROPE RESEARCH GRANT 16666 CHECK N/A N/A MIDDLE EAST AND NORTH AFRICIA CHAPTER DEVELOPMENT 22043 CHECK N/A N/A SOUTH ASIA CHAPTER DEVELOPMENT 20580 CHECK N/A N/A EUROPE RESEARCH GRANT 33333 CHECK N/A EUROPE RESEARCH GRANT 16667 CHECK N/A EUROPE RESEARCH GRANT 16667 CHECK N/A 1 14 EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE PMI REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. CENTRAL AMERICA AND THE CARIBBEAN 14 21000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. EAST ASIA AND THE PACIFIC 19 28000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. EUROPE 28 36000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. MIDDLE EAST & NORTH AFRICA 9 14000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR ROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. RUSSIA & THE NEWLY INDEPENDENT STATES 5 7000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. SUB-SAHARAN AFRICA 15 20000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. NORTH AMERICA 10 16348 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING AND TO SUPPORT THE PMI REGIONAL MENTOR PROGRAM AND REGIONAL MEETINGS. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. THE PMI REGIONAL MENTOR PROGRAM FACILITATES THE DEVELOPMENT AND ENHANCEMENT OF PROJECT MANAGEMENT. REGIONAL MEETING SUPPORT PROVIDES FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. SOUTH AMERICA 52 79000 CHECK N/A N/A EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. SOUTH ASIA 9 17968 CHECK N/A N/A 1 0 1 0 1 1 PART I, LINE 2: PMI HAS A PROJECT MONITORING SYSTEM IN PLACE TO MONITOR THE USE OF GRANT FUNDS. THE GUIDELINES ARE OUTLINED IN BOTH THE RESEARCH AGREEMENT AND A DOCUMENT DETAILING THE ROLE OF THE PROJECT LIAISON. PMI REQUIRES ALL GRANTEES TO SUBMIT DETAILED PERIODIC PROJECT REPORTS TO THEIR ASSIGNED LIAISON AND TO THE PMI ACADEMIC RESOURCES TEAM. 1 PMI EDUCATIONAL FOUNDATION 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 19073 232630701 501(C)(3) 4363643 256688 FMV IN-KIND CONTRIBUTIONS - FACILITIES TO PROMOTE PROJECT MANAGEMENT PRINCIPLES GLOBALLY TO COMMUNITIES INCLUDING STUDENTS, NON-PROFIT ORGANIZATIONS AND SOCIETY AT LARGE. MASSACHUSETTS MARITIME ACADEMY 101 ACADEMY DRIVE BUZZARDS BAY MA 02532 046002284 501(C)(3) 25400 N/A N/A GLOBAL RESEARCH GRANT PDMA FOUNDATION 330 N WEBASH AVENUE CHICAGO IL 60611 223761455 501(C)(3) 10000 N/A N/A GLOBAL RESEARCH GRANT PORTLAND STATE UNIVERSITY PO BOX 751 PORTLAND OR 97207 936001786 501(C)(3) 15727 N/A N/A GLOBAL RESEARCH GRANT WOUNDED WARRIOR PROJECT 4899 BELFORT ROAD JACKSONVILLE FL 32256 202370934 501(C)(3) 16500 N/A N/A TO HELP INJURED SOLIDERS RETURNING HOME FROM COMBAT. UNIVERSITY OF HOUSTON - CLEAR LAKE 2700 BAY AREA BLVD HOUSTON TX 77058 746001399 501(C)(3) 8495 N/A N/A GLOBAL RESEARCH GRANT 10 0 EDUCATIONAL - FOR INDIVIDUALS TO ATTEND THE PMI LEADERSHIP INSTITUTE MEETING. THE PMI LEADERSHIP INSTITUTE MEETING PROVIDES AN INVALUABLE OPPORTUNITY TO ACCESS LEADERSHIP AND PROFESSIONAL DEVELOPMENT, NETWORKING OPPORTUNITIES AND SKILLS ENHANCEMENT. 37 39009 N/A N/A EDUCATIONAL - PROVIDE FINANCIAL SUPPORT TO PMI CHAPTERS TO CONDUCT REGIONAL MEETINGS THAT EXPAND GLOBAL KNOWLEDGE SHARING AT THE LOCAL LEVEL THROUGH LEADERSHIP INSTITUTE INVOLVEMENT WHILE MAINTAINING THE INDIVIDUALITY OF THE REGION. 40 80000 N/A N/A PART I, LINE 2: PMI HAS A PROJECT MONITORING SYSTEM IN PLACE TO MONITOR THE USE OF GRANT FUNDS. THE GUIDELINES ARE OUTLINED IN BOTH THE RESEARCH AGREEMENT AND A DOCUMENT DETAILING THE ROLE OF THE PROJECT LIAISON. PMI REQUIRES ALL GRANTEES TO SUBMIT DETAILED PERIODIC PROJECT REPORTS TO THEIR ASSIGNED LIAISON AND TO THE PMI ACADEMIC RESOURCES TEAM. X X X 1 1 X X X X X 0 1 0 MARK A LANGLEY PRESIDENT AND CEO 642833 0 201825 0 597248 0 18550 0 29736 0 1490192 0 276413 0 JOHN J DOYLE VP FINANCE & ADMINISTRATION 206737 0 17092 0 1503 0 11810 0 17765 0 254907 0 0 0 BRIAN WEISS VP PRACTITIONER MARKETS 225033 0 19467 0 475 0 17535 0 15590 0 278100 0 0 0 CINDY ANDERSON VP BRAND MANAGEMENT 186993 0 18250 0 2354 0 11849 0 11221 0 230667 0 0 0 ROBERT CRAIG KILLOUGH VP ORGANIZATION MARKETS 227205 0 19467 0 3788 0 13165 0 21004 0 284629 0 0 0 TODD KLEINMAN VP INFORMATION TECHNOLOGY 161538 0 0 0 1918 0 10722 0 7222 0 181400 0 0 0 DAVID GARRETT DIRECTOR DIGITAL PRESENCE 179054 0 110150 0 857 0 18550 0 28447 0 337058 0 0 0 DOROTHY MCKELVY VP HUMAN RESOURCES 213835 0 18184 0 2936 0 14391 0 16423 0 265769 0 0 0 GINA P JONES ADVERSTISING SALES EXECUTIVE 251750 0 19566 0 367 0 18550 0 6019 0 296252 0 0 0 MICHAEL DEPRISCO VP ACADEMIC & EDUCATIONAL PROGRAM 182469 0 18250 0 2068 0 14422 0 25901 0 243110 0 0 0 WILLIAM SCARBOROUGH VP LEGAL 226386 0 19647 0 5287 0 14690 0 28322 0 294332 0 0 0 PART I, LINE 1A LISTED PERSONS WHO INCUR TRAVEL EXPENSES ARE RESPONSIBLE FOR COMPLYING WITH THE TRAVEL POLICY. ALL INDIVIDUALS SUBMITTING EXPENSES NOT IN COMPLIANCE WITH THIS POLICY RISK DELAY IN PAYMENT AND/OR PARTIAL OR FORFEITED REIMBURSEMENT. REGIONAL AIR TRAVEL WILL BE IN COACH CLASS. INTERNATIONAL AIR TRAVEL THAT IS GREATER THAN 8 HOURS TO THE DESTINATION (NOT CALCULATING LAYOVERS INTO THIS NUMBER, BUT POINT TO POINT TRAVEL), WILL BE IN BUSINESS CLASS. FOR INTERNATIONAL TRAVEL UNDER 8 HOURS, PMI WILL ABSORB THE DIFFERENCE BETWEEN THE LOWEST APPLICABLE FARE AND THE NEXT FARE NEEDED TO UPGRADE TO A HIGHER CLASS OF SERVICE IF THE AMOUNT IS NOMINAL. SHOULD A TRAVELER DESIRE FIRST CLASS, ANY ADDITIONAL EXPENSES FROM THIS TYPE OF REQUEST WILL BE PAID BY THE TRAVELER AND MUST BE PAID TO PMI AT THE TIME OF CONFIRMATION. A LIST OF ATTENDEES AUTHORIZED TO TRAVEL ON PMI-RELATED BUSINESS MUST BE GIVEN TO PMI'S IN-HOUSE TRAVEL CONSULTANT IN ADVANCE BY THE MEETING HOST. TRAVEL FOR COMPANIONS: THE PRESIDENT AND CEO'S EMPLOYMENT AGREEMENT INCLUDES REIMBURSEMENT FOR LIMITED, QUALIFIED SPOUSAL TRAVEL. THESE BENEFITS ARE INCLUDED AS COMPENSATION AND REPORTED BY THE ORGANIZATION ON FORM W2. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: PMI REQUIRES THAT EXECUTIVES SUBMIT THEIR EXPENSE WITH DOCUMENTATION OF A RECEIPT SHOWING PAYMENT FOR A WELLNESS BENEFIT (EX. GYM MEMBERSHIP, WEIGHT LOSS PROGRAM, PERSONAL TRAINER, ETC.). PMI RETAINS SUPPORTING DOCUMENTATION FOR THESE FEES AND ALL BENEFITS ARE INCLUDED IN THE RESPECTIVE EMPLOYEE'S W-2 WAGES. PART I, LINE 4B MARK LANGLEY, PRESIDENT & CEO - $562,500 - 457F DISTRIBUTION REPRESENTING COMPENSATION UNDER PLAN FOR 2014 AND 2015 FORM 990, PART I, LINE 6: DESCRIPTION OF ESTIMATE PROCESS: 8,100 DEDICATED VOLUNTEERS SUPPORT PMI GLOBALLY THROUGH THEIR ACTIVITIES AS CHAPTER LEADERS, AS BOARD MEMBERS OR ON BOARD SUPPORT COMMITTEES, ON MEMBER ADVISORY GROUPS, THROUGH CONTRIBUTIONS TO EXAM QUESTION DEVELOPMENT AND THE DEVELOPMENT OF PROFESSIONAL STANDARDS THAT SHAPE THE FUTURE OF THE PROFESSION, BY WRITING AND PUBLISHING WHITE PAPERS AND REVIEWING PROJECT MANAGEMENT MANUALS, BOOKS AND PERIODICALS, OR OTHER IMPORTANT WORK. PMI UTILIZES ITS VOLUNTEER RELATIONSHIP MANAGEMENT SYSTEM (VRMS) AS A RESOURCE FOR ITS MEMBERS TO SEARCH FOR VOLUNTEER OPPORTUNITIES THROUGHOUT THE WORLD, AND USES THIS SYSTEM TO TRACK VOLUNTEER ACTIVITIES AND STATISTICS, INCLUDING THE NUMBER OF ACTIVE VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 6 MEMBER RIGHTS ARE DEFINED AS THE OPPORTUNITY TO VOTE ON INSTITUTE MATTERS AND TO HOLD ELECTED OR APPOINTED OFFICE, AS DEFINED IN THE BYLAWS. PRIVILEGES ARE DEFINED AS THOSE TANGIBLE AND INTANGIBLE BENEFITS, PRODUCTS, AND SERVICES OFFERED WITH MEMBERSHIP IN THE INSTITUTE. THE PMI BOARD OF DIRECTORS SHALL ESTABLISH THE PRIVILEGES ASSOCIATED WITH MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE MAINTAINS THE FOLLOWING CLASSES AND QUALIFICATIONS OF MEMBERSHIP, EACH CLASS WITH THE RIGHTS HEREINAFTER PROVIDED: 1. MEMBER - REGULAR. ANY PERSON WHO IS INTERESTED IN, OR ENGAGED IN, THE PRACTICE, TEACHING, OR OTHER APPLICATION OF PROJECT MANAGEMENT, INCLUDING RESEARCH CONCERNING PROJECT MANAGEMENT, MAY QUALIFY AS A REGULAR MEMBER OF THE INSTITUTE. REGULAR MEMBERS SHALL HAVE VOTING RIGHTS AND MAY HOLD ANY ELECTED OR APPOINTED OFFICE IN THE INSTITUTE. 2. MEMBER - RETIREE. ANY PERSON WHO HAS BEEN A PMI MEMBER IN GOOD STANDING FOR FIVE (5) CONSECUTIVE YEARS, AND WHO HAS RETIRED FROM ACTIVE EMPLOYMENT, QUALIFIES FOR PMI RETIREE MEMBERSHIP. RETIREE MEMBERS SHALL HAVE ALL RIGHTS OF THE REGULAR MEMBER CLASS. 3. MEMBER - STUDENT. ANY PERSON CURRENTLY REGISTERED IN A DEGREE GRANTING PROGRAM AT AN ACCREDITED, OR GLOBALLY EQUIVALENT, COLLEGE/UNIVERSITY, MAY QUALIFY FOR PMI STUDENT MEMBERSHIP. STUDENT MEMBERS SHALL NOT BE ENTITLED TO EXERCISE ANY VOTING RIGHTS, AND SHALL NOT HOLD ANY ELECTED OFFICE IN THE INSTITUTE, EXCEPT THAT STUDENT MEMBERS MAY HOLD OFFICE AND VOTE WITHIN A PMI COMPONENT, AS MAY BE GRANTED IN THE COMPONENT BYLAWS. 4. MEMBER - ASSOCIATE. ANY PERSON WHO JOINS THE INSTITUTE TO ACCESS LIMITED PRIVILEGES PURSUANT TO POLICIES DULY ADOPTED BY THE PMI BOARD OF DIRECTORS. MEMBER - ASSOCIATE SHALL NOT BE ENTITLED TO EXERCISE ANY VOTING RIGHTS, AND SHALL NOT BE A CANDIDATE FOR, NOR HOLD ANY ELECTED OR APPOINTED OFFICE IN THE INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO OR SUBJECT TO THE APPROVAL OF MEMBERSHIP. UNDER THE ORGANIZATIONS BYLAWS, CERTAIN CHANGES TO THE BYLAWS REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PREPARED BY PMI'S ACCOUNTING DEPARTMENT. THAT DRAFT IS FIRST REVIEWED BY PMI'S FINANCE AND LEGAL STAFF. THE FOLLOWING DRAFT IS PRESENTED FOR REVIEW TO PMI'S PRESIDENT AND CHIEF EXECUTIVE OFFICER AND THEN TO THE BOARD'S AUDIT AND PERFORMANCE OVERSIGHT COMMITTEE. THE FINAL DRAFT OF THE FORM 990 IS THEN PRESENTED TO THE FULL BOARD. THE FORM 990 WAS DISTRIBUTED ELECTRONICALLY TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. THE PROCESS INCLUDES THE OPPORTUNITY FOR MEMBERS OF THE BODY OF THE BOARD OF DIRECTORS TO SUBMIT QUESTIONS/COMMENTS ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C PMI MEMBERS AND NON-MEMBERS WORKING ON PMI VOLUNTEER GROUPS ARE BOUND BY THIS POLICY, INCLUDING BUT NOT LIMITED TO: MEMBERS OF THE PMI BOARD, BOARD SUPPORTING COMMITTEES, TASK FORCES AND OTHER GROUPS CHARTERED BY THE PMI BOARD (AS DEFINED IN THE RULES OF THE BOARD), MEMBER ADVISORY GROUPS (MAG), PROJECT ACTION TEAMS (PATS), AWARDS COMMITTEES, EDITORIAL BOARDS, STANDARDS PROGRAM PROJECT TEAMS, CERTIFICATION DEPARTMENT ITEM WRITING SESSIONS, RESEARCH GROUPS AND OPEN WORKING SESSIONS. KEY EMPLOYEES AND OTHER STAFF OF THE INSTITUTE ARE ALSO COVERED UNDER THE POLICY. WHILE STAFF MEMBERS, OTHER THAN KEY EMPLOYEES DEFINED IN THIS POLICY, ARE NOT REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES, THEY ARE SUBJECT TO THE OTHER REQUIREMENTS OF THIS POLICY AS WELL AS THE STAFF CODE OF CONDUCT. PARTICIPATION ON A PMI VOLUNTEER GROUP CONSTITUTES ACCEPTANCE OF THE TERMS OF THIS POLICY AND ITS REQUIREMENTS. UNLESS OTHERWISE SPECIFIED, AT LEAST ONCE A YEAR OR AT THE BEGINNING OF PARTICIPATION ON ANY PMI VOLUNTEER GROUP, PARTICIPATING INDIVIDUALS WILL COMPLETE THE PMI CONFLICT OF INTEREST QUESTIONNAIRE. INDIVIDUALS JOINING A SECOND, AND EACH SUBSEQUENT, GROUP WILL NOT NEED TO FILL OUT ANOTHER QUESTIONNAIRE IF THE PRIOR ONE IS STILL CURRENT AND PARTICIPATION IN AN ADDITIONAL PMI VOLUNTEER GROUP DOES NOT REQUIRE THE DISCLOSURE OF ADDITIONAL INFORMATION. HOWEVER, THE INDIVIDUAL WILL INSTEAD COMPLETE THE INFORMATION RELEASE PORTION OF THE QUESTIONNAIRE. THE INFORMATION RELEASE PORTION OF THE FORM PROVIDES SUBSEQUENT SPONSORS THE NAME OF THE GROUP THE INDIVIDUAL WAS PARTICIPATING ON WHEN THEY FILLED OUT THEIR QUESTIONNAIRE AND WILL ALLOW THE GROUP LEADER TO ACCESS THE QUESTIONNAIRE FROM THE LEGAL DEPARTMENTS FILES. 1. AUTHORITY: THE PMI CODE OF ETHICS AND PROFESSIONAL CONDUCT REQUIRES THAT INDIVIDUALS WILL ABIDE BY THE BYLAWS, POLICIES, RULES, REQUIREMENTS, AND PROCEDURES OF PMI, AND WILL NOT KNOWINGLY ENGAGE OR ASSIST IN ACTIVITIES INTENDED TO COMPROMISE THE INTEGRITY, REPUTATION, PROPERTY, AND/OR LEGAL RIGHTS OF THE INSTITUTE. 2. DISCLOSURE: INDIVIDUALS ACCOUNTABLE UNDER THIS POLICY MUST IDENTIFY THOSE SITUATIONS WHERE THEY HAVE A CONFLICT OF INTEREST OR WHERE A REASONABLE PERSON MIGHT CONCLUDE THAT THEY HAD A CONFLICT OF INTEREST IN THE ACTIVITY IN WHICH THEY ARE PARTICIPATING OR ABOUT TO PARTICIPATE. SUCH DISCLOSURE SHOULD BE MADE IMMEDIATELY TO THAT STAFF MEMBER'S SUPERIOR OR THE GROUP LEADER IN THE CASE OF VOLUNTEERS. 3. PMI CONFLICT OF INTEREST QUESTIONNAIRE. ALL VOLUNTEERS PARTICIPATING IN A PMI VOLUNTEER GROUP AND ALL SENIOR STAFF, INCLUDING KEY EMPLOYEES, MUST FILL OUT THE QUESTIONNAIRE ANNUALLY. THIS IS TO ENSURE THAT NO CONFLICTS OF INTERESTS THAT HAVE ARISEN AFTER THE PERSONS INITIAL INVOLVEMENT ARE DISCLOSED. 4. DISCLOSURE REVIEW: THE CONFLICT OF INTEREST QUESTIONNAIRE, TO BE COMPLETED BY THE INDIVIDUAL PARTICIPATING ON A PMI VOLUNTEER GROUP, WILL BE REVIEWED BY THE RESPONSIBLE GROUP LEADER FOR HIS/HER KNOWLEDGE AND UNDERSTANDING AND THEN FORWARDED TO THE PMI STAFF MEMBER WHO IS RESPONSIBLE FOR THE GROUP, OR IN THE CASE OF A BOARD SPONSORED GROUP, TO THE PMI GENERAL COUNSEL. THE PMI GENERAL COUNSEL WILL REVIEW THE CONFLICT OF INTEREST QUESTIONNAIRES OF ALL PMI BOARD MEMBERS AND MEMBERS OF BOARD CHARTERED COMMITTEES AND BRING CONFLICTS OF INTEREST AND POSSIBLE CONFLICTS OF INTEREST TO THE ATTENTION OF THE PMI CHAIR AND CHIEF EXECUTIVE OFFICER FOR RESOLUTION. THE PMI GENERAL COUNSEL WILL REVIEW THE CONFLICT OF INTEREST QUESTIONNAIRES OF ALL KEY EMPLOYEES AND BRING CONFLICTS OF INTEREST AND POSSIBLE CONFLICTS OF INTEREST TO THE ATTENTION OF THE PMI CHIEF EXECUTIVE OFFICER FOR RESOLUTION. THE CHIEF EXECUTIVE OFFICER WILL REVIEW THE QUESTIONNAIRE OF THE GENERAL COUNSEL. 5. POSSIBLE REMEDIES: REMEDIAL ACTION FOR DISCLOSED CONFLICTS OR POSSIBLE CONFLICTS OF INTEREST MAY INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING: RECUSAL FROM ANY DECISION DEVELOPED BY THE GROUP. RECUSAL FROM THE PART OF THE PROCESS WHERE A CONFLICT EXISTS, SUCH AS NOT REVIEWING A COMPETITORS AWARD SUBMITTAL. REPLACEMENT ON THE GROUP. PARTICIPATION AS A SUBJECT MATTER EXPERT BUT NOT IN DISCUSSIONS OR DELIBERATIONS. 6. POLICY USAGE: CARE MUST BE USED TO AVOID OVERUSE OR MISUSE OF THIS POLICY. THE INSTITUTE REQUIRES INTEGRITY TO FUNCTION PROPERLY BUT OVER-USE OF THE REQUIREMENT TO COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE MAY DISCOURAGE PARTICIPATION BY OTHERWISE QUALIFIED VOLUNTEERS AND RESULT IN VOLUNTEERS PERCEIVING THEY ARE BEING HARASSED. 7. FORMS: ALL INDIVIDUAL PMI MEMBERS, NON-MEMBERS, AND STAFF MEMBERS PARTICIPATING IN PMI VOLUNTEER GROUPS WILL COMPLETE AND SIGN THE PMI CONFLICT OF INTEREST QUESTIONNAIRE. THE BOARD OF DIRECTORS, CHIEF EXECUTIVE OFFICER, AND VICE PRESIDENTS (FOR PROGRAMS THEY ARE RESPONSIBLE FOR), OTHER GROUP LEADERS OF PMI VOLUNTEER GROUPS ARE AUTHORIZED TO USE THE ATTACHED FORM FOR GROUPS THEY SPONSOR. IT IS ANTICIPATED THAT THE STANDARD FORM ATTACHED WILL APPLY IN MOST CASES, HOWEVER, IF A LEADER BELIEVES THAT MODIFICATION WOULD SERVE THE INTERESTS OF PMI TO MAKE THEIR GROUP MORE PRODUCTIVE THE FORM MAY BE TAILORED WITH THE EXPLICIT CONCURRENCE OF THE PMI GENERAL COUNSEL OR THE DESIGNATED REPRESENTATIVE FROM THE PMI LEGAL DEPARTMENT. 8. RETENTION OF CONFLICT OF INTEREST FORMS: THE PMI OPERATING DEPARTMENT WHICH SPONSORS, SUPPORTS OR MANAGES A PMI VOLUNTEER GROUP, AFTER COMPLETING THEIR REVIEW OF THE SUBMITTED QUESTIONNAIRES, WILL FORWARD THE QUESTIONNAIRES TO THE PMI LEGAL DEPARTMENT FOR RETENTION IN ACCORDANCE WITH PMI'S RECORDS MANAGEMENT POLICY. THE LEGAL DEPARTMENT WILL RETAIN THE QUESTIONNAIRES DURING THE LIFE OF THE GROUP AND THE QUESTIONNAIRES WILL BE ARCHIVED WHEN THE GROUP IS DISBANDED. 9. VIOLATIONS: APPARENT VIOLATIONS OF THIS POLICY, INCLUDING BUT NOT LIMITED TO THE FAILURE TO MAKE ADEQUATE AND FULL DISCLOSURE, WILL BE FORWARDED TO THE APPROPRIATE INDIVIDUAL AS DESCRIBED IN PMI'S POLICY ON COMPLAINT, DISPUTE, AND GRIEVANCE RESOLUTION AND MAY BE FURTHER REFERRED TO THE ETHICS REVIEW COMMITTEE UNDER PMI'S MEMBER ETHICS CASE PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 PMI UTILIZES BROAD PAY RANGES THAT ENCOURAGE GROWTH AND DEVELOPMENT WITHIN POSITIONS OVER TIME. BROAD BANDS ARE REVIEWED ANNUALLY WITH MARKET INFORMATION AND MAY BE ADJUSTED IF WARRANTED WITHIN THE FINANCIAL CONDITION OF THE ORGANIZATION AND TO SUSTAIN COMPETITIVENESS. APPLICABLE MARKET DATA IS USED IN THE DETERMINATION OF BASE SALARIES, WITH ATTENTION TO MARKET SENSITIVE TECHNICAL COMPETENCIES AND PMI AS A WHOLE. COMPENSATION REVIEW IS PART OF THE ORGANIZATION PRACTICE TO REGULARLY ASSESS COMPENSATION PROGRAMS AND SYSTEMS. PMI ENGAGES THE ASSISTANCE OF EXTERNAL CONSULTING RESOURCES TO CONDUCT ASSESSMENTS OF COMPENSATION. COMPREHENSIVE STUDIES HAVE BEEN UNDERTAKEN EVERY TWO TO THREE YEARS WITH ANNUAL REVIEW OF BASE SALARY AND TOTAL CASH COMPENSATION FOR SELECT POSITIONS. THE CEO ACTIVELY REVIEWS COMPENSATION PHILOSOPHY, ASSESSES SALARY DATA ON AN ANNUAL BASIS, AND HAS CONDUCTED COMPREHENSIVE STUDIES OF COMPENSATION EVERY TWO TO THREE YEARS. THE ASSESSMENTS INCLUDE DIRECT AND INDIRECT COMPENSATION, AS WELL AS MARKET-BASED COMPARISONS TO COMPARABLE PROFESSIONAL SOCIETIES AND ORGANIZATIONS, BROAD NON-PROFIT INDUSTRY DATA AND OTHER SURVEY INFORMATION ALIGNED WITH THE NATURE OF THE POSITIONS. SIMILAR SIZE, SCOPE OPERATIONS, INTERNATIONAL ACTIVITIES AND/OR SIMILAR MEMBER PROGRAMS ARE INCLUDED ALONG WITH GEOGRAPHIC INFORMATION RELATED TO THE MARKET IN WHICH THE ORGANIZATION COMPETES FOR TALENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE POSTED ON THE WEBSITE (WWW.PMI.ORG) AND COPIES WILL BE PROVIDED ON REQUEST. THE AUDITED FINANCIAL STATEMENTS WILL BE PROVIDED ON REQUEST, BUT ARE ALSO INCLUDED IN PMI'S ANNUAL REPORT THAT IS POSTED ON THE PMI.ORG WEBSITE. FORM 990, PART IX, LINE 11G GENERAL CONSULTING 6,784,857. TEMPORARY STAFF 1,089,293. REGIONAL SERVICE CENTER 2,608,301. CONTRACT LABOR 6,095,369. TRANSLATION SERVICES 448,505. EMPLOYEE SEARCH FEES 322,652. EDITORIAL SERVICE 1,545,450. PMI AUSTRALASIA PTY LIMITED LEVEL 20 TOWER 2 DARLING PARK 201 SYDNEY AS NSW 2001 980607905 CONDUCT PROJECT MANAGEMENT ADVOCACY PROGRAMS WITH REGIONAL ORGANIZATIONS AS 17165 201536 PROJECT MANAGEMENT INSTITUTE PMI (BEIJING)PROJECT MANAGEMENT TECHNOLOGY CO LTD ROOM 1107 11TH FLOOR BEIJING SUN CHAOYANG DISTRICT BEIJING CH 100080 980609885 REGIONAL MARKETING SUPPORT, CONDUCT PROJECT MANAGEMENT OUTREACH AND ADVOCACY CH 2635281 1895290 PROJECT MANAGEMENT INSTITUTE PROJECT MANAGEMENT INSTITUTE KHALEEJI FZ-LLC BLOCK NO 6 FIRST FLOOR F-07 DUBA DUBAI AE 981162223 REGIONAL CHAPTER DEVELOPMENT AND SUPPORT, TRAINING PROGRAMS AE 574441 177831 PMI AUSTRALASIA PTY LIMITED PMI MANAGEMENT SINGAPORE PTE LTD LEVEL 39 10 MARINA BLVD MARINA BA SN 018983 981174043 REGIONAL CHAPTER DEVELOPMENT AND SUPPORT SN 622684 224379 PROJECT MANAGEMENT INSTITUTE PMI MANAGEMENT EUROPE SQUARE DE MEEUS 35 3RD FLOOR AT S BRUSSELS BE 981219090 REGIONAL CHAPTER DEVELOPMENT AND SUPPORT, OUTREACH TO ACADEMIA BE 303238 181173 PROJECT MANAGEMENT INSTITUTE PROJECT MANAGEMENT INSTITUTE EDUCATION FOUNDATION 14 CAMPUS BOULEVARD NEWTOWN SQUARE PA 190733299 232630701 EXPANDING EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS PA 501(C)(3) LINE 11A, I PROJECT MANAGEMENT INSTITUTE 1 PMI ORGANIZATION CENTRE PVT LTD 302-305 3RD FLOOR BALARAMA PLOT MUMBAI IN 400051 980566940 CONDUCT PROJECT MANAGEMENT OUTREACH AND ADVOCACY WITH REGIONAL ORGANIZATIONS IN PROJECT MANAGEMENT INSTITUTE RELATED 151866 1868695 0 1 0.99900 PMI EUROPE LIMITED 1 ST ANDREWS HILL LONDON UK WC1R 4JS HOLDING COMPANY UK PROJECT MANAGEMENT INSTITUTE C -171372 7029379 1.00000 1 HUMAN SYSTEMS ASIA PACIFIC PTY LIMITED LEVEL 2 66 CLARENCE STREET SYDNEY AS NSW 2000 BENCHMARKING & ASSESSMENT AS PMI HOLDINGS PTY LIMITED C -653993 539065 1.00000 1 HUMAN SYSTEMS EUROPE LIMITED 1 ST ANDREWS HILL LONDON UK W1T 4DU BENCHMARKING & ASSESSMENT UK PMI EUROPE LIMITED C -1238 1.00000 1 HUMAN SYSTEMS INTERNATIONAL LIMITED 1 ST ANDREWS HILL LONDON UK W1T 4DU BENCHMARKING & ASSESSMENT UK HUMAN SYSTEMS EUROPE LIMITED C -319542 609504 1.00000 1 HUMAN SYSTEMS LIMITED 1 ST ANDREWS HILL LONDON UK W1T 4DU BENCHMARKING & ASSESSMENT UK HUMAN SYSTEMS INTERNATIONAL LIMITED C -11431 -110797 1.00000 1 PMI HOLDINGS PTY LIMITED LEVEL 18 420 GEORGE STREET SYDNEY AS NSW 2000 HOLDING COMPANY AS PMI EUROPE LIMITED C -67899 1663377 1.00000 1 1 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION B 4620331 CASH/NON-CASH(FMV) PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION Q 1453121 CASH HUMAN SYSTEMS ASIA PACIFIC PTY LTD D 290986 LOAN PMI ORGANIZATION CENTRE PVT LTD R 2027000 CASH PMI HOLDINGS PTY LTD D 290683 LOAN PMI EUROPE LIMITED A 10106 SECTION 482 HUMAN SYSTEMS INTERNATIONAL LTD D 506559 LOAN PMI HOLDINGS PTY LTD A 7748 SECTION 482 HUMAN SYSTEMS ASIA PACIFIC PTY LTD A 18295 SECTION 482 HUMAN SYSTEMS INTERNATIONAL LTD A 12015 SECTION 482 HUMAN SYSTEMS LIMITED R 86390 CASH