Overview
What is Institute Of Certified Management Accountants Inc?
The Institute of Certified Management Accountants Inc, based in Montville, New Jersey, serves as the primary authority for the Certified Management Accountant (CMA) and Certified in Strategy and Competitive Analysis (CSCA) designations. Their mission is to develop, administrate, and promote these certifications, validating the expertise and mastery of management accounting and finance professionals. In fiscal year 2022, they granted 11,009 CMA certificates and had 119,042 active participants. The organization's workforce consists of 16 individuals.
Official website here: www.imanet.org
Is Institute Of Certified Management Accountants Inc legitimate?
Institute Of Certified Management Accountants Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Institute Of Certified Management Accountants Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $476,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,047,944
For more financial information, click here
Official website here: www.imanet.org
What is the mission statement of Institute Of Certified Management Accountants Inc?
The Institute of Certified Management Accountants Inc is dedicated to validating the mastery of management accounting and finance professionals. They accomplish this by developing, administering, and promoting certification programs. The institute grants certifications in Management Accounting (CMA) and Strategy and Competitive Analysis (CSCA). In fiscal year 2022, 11,009 CMA certificates were awarded, and the total number of active program participants reached 119,042. This professional organization serves as a significant resource for individuals seeking to advance their skills and knowledge in management accounting and finance.
Official website here: www.imanet.org
What is the revenue of Institute Of Certified Management Accountants Inc?
Institute Of Certified Management Accountants Inc's revenue in 2024 was $20,743,497.
Official website here: www.imanet.org
Who are the executives of Institute Of Certified Management Accountants Inc and what are their salaries?
The average compensation at Institute Of Certified Management Accountants Inc during 2024 was $95,294. There are 16 employees and 18 volunteers at Institute Of Certified Management Accountants Inc.
Here are 13 key members and their salaries:
- Compensation: $533,835
- Related: $0
- Other: $21,523
- Compensation: $196,361
- Related: $0
- Other: $16,093
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $290,248
- Other: $17,053
- Compensation: $0
- Related: $143,969
- Other: $0
- Compensation: $0
- Related: $277,252
- Other: $19,329
- Compensation: $0
- Related: $240,921
- Other: $16,175
- Compensation: $0
- Related: $228,700
- Other: $17,387
- Compensation: $0
- Related: $199,236
- Other: $9,722
- Compensation: $0
- Related: $193,199
- Other: $10,026
Official website here: www.imanet.org
Where can I find the form 990 for Institute Of Certified Management Accountants Inc?
Institute Of Certified Management Accountants Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.imanet.org
Learn more at the official website: www.imanet.org
Mission Statement of Institute Of Certified Management Accountants Inc
The Institute of Certified Management Accountants Inc is a renowned organization dedicated to developing, administering, and promoting certification programs for management accounting and finance professionals. Its mission is to validate their mastery of the relevant body of knowledge and practical skills through these certifications.
By offering certification examinations for the Certified Management Accountant (CMA) and Certified in Strategy and Competitive Analysis (CSCA) designations, the Institute seeks to elevate these professionals' expertise in financial planning, performance management, and strategic decision-making. In fiscal year 2022, a total of 11,009 CMA certificates were granted, and the active program participants (CMAs and candidates) reached 119,042.
The Institute's commitment to excellence extends beyond certification, as it provides ongoing resources and opportunities for professional growth. Through its certification programs and various initiatives, it empowers management accounting and finance professionals to excel in their roles and contribute significantly to their organizations.
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Impact
October, 2024
The Institute of Certified Management Accountants Inc has a significant impact on the fields of management accounting and finance by providing globally recognized certifications that enhance the skills and credibility of professionals in these areas. By developing and administering examinations for designations such as the Certified Management Accountant (CMA) and Certified in Strategy and Competitive Analysis (CSCA), the Institute validates the mastery of essential knowledge and practical skills among its members.
In fiscal year 2022 alone, the Institute awarded 11,009 CMA certificates, indicating a robust commitment to professional development and excellence. Furthermore, with 119,042 active CMA program participants at the end of the fiscal year, the Institute plays a crucial role in supporting the ongoing education and career advancement of management accountants. This vibrant community not only contributes to the individual career growth of its members but also enhances the overall effectiveness and strategic capabilities of organizations in which they work.
By promoting high standards of practice and continuous improvement, the Institute fosters a culture of excellence within the industry, ultimately benefiting businesses and stakeholders through better financial decision-making and strategic planning.
This information is meant to be a general summary of Institute Of Certified Management Accountants Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $245,974
- Program Service Revenue: $19,937,006
- Gross Receipts: $22,460,940
Assets and Liabilities:
- Total Assets: $14,001,661
- Total Liabilities: $17,378,057
- Net Assets: -$3,376,396
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION EXAM PRO
Revenue
$19,937,006
Organization Details
Founding Year
1985
Principal Officer
J Stephen Mcnally Cma
Website
www.imanet.orgNTEE Category
Code: A03 - Arts
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