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Project Management Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231887442 ✦ Newtown square, PA ✦ Designated as a 501(c)(6)

Overview

What is Project Management Institute?

Project Management Institute (PMI) is a nonprofit organization based in Newtown Square, Pennsylvania. With a workforce of 677 employees, PMI is dedicated to advancing the practice, science, and profession of project management worldwide. Their mission is to empower people to bring ideas to life through project management. PMI offers various professional certifications, including the globally recognized PMP certification, and others such as PMI-PBA, PGMP, PFMP, PMI-RMP, PMI-SP, and CAPM. These certifications attest to professionals' competencies in project management and are based on rigorous standards and ongoing research. PMI's certifications enable professionals to work in various industries and locations, making them valuable assets in the ever-projectized world. As of December 2022, PMI had issued more than 1.5 million gross certifications.


Official website here: www.pmi.org

Is Project Management Institute legitimate?

Project Management Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Project Management Institute 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,023,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,204,940

For more financial information, click here


Official website here: www.pmi.org

What is the mission statement of Project Management Institute?

The Project Management Institute (PMI) is dedicated to advancing the practice, science, and profession of project management on a global scale. Its goal is to empower individuals to bring ideas to fruition. PMI offers certifications, including the widely recognized Project Management Professional (PMP) certification, which ensures professionals are prepared to meet the demands of projects and employers worldwide. These certifications are based on rigorous standards and ongoing research to address the needs of organizations. With a PMI certification, professionals can work in various industries and countries, employing any project management methodology. PMI offers numerous certifications, such as the Professional in Business Analysis (PMI-PBA), Program Management Professional (PGMP), Portfolio Management Professional (PFMP), Risk Management Professional (PMI-RMP), and Scheduling Professional (PMI-SP), catering to professionals at different stages of their careers. As of December 2022, PMI had issued over 1.5 million certifications.


Official website here: www.pmi.org

Who is the CEO of Project Management Institute?

Pierre Le Manh is the President & Ceo (Aug- Dec) of Project Management Institute. The CEO's salary of Project Management Institute is $360,382 and their total compensation is $377,832.


Official website here: www.pmi.org

What is the revenue of Project Management Institute?

Project Management Institute's revenue in 2022 was $267,259,122.


Official website here: www.pmi.org

Who are the executives of Project Management Institute and what are their salaries?

The average compensation at Project Management Institute during 2022 was $118,506. There are 677 employees and 11,772 volunteers at Project Management Institute.

Here are 27 key members and their salaries (Project Management Institute's CEO's salary is $360,382 and their total compensation is $377,832):

    Michael Deprisco (President & Ceo (Jan - July))
  • Compensation: $1,013,878
  • Related: $0
  • Other: $46,236

    • Joseph J Cahill (Chief Customer Officer)
  • Compensation: $695,068
  • Related: $0
  • Other: $30,450

    • Sunil Prashara (Former President & Ceo)
  • Compensation: $552,466
  • Related: $0
  • Other: $0

    • Yong Tao Chen (Managing Director, China)
  • Compensation: $0
  • Related: $501,148
  • Other: $41,185

    • David L Garrett (Chief Strategy & Growth Office)
  • Compensation: $496,312
  • Related: $0
  • Other: $27,604

    • Christine Millaway (Cfo)
  • Compensation: $477,893
  • Related: $0
  • Other: $17,450

    • Dorothy Mckelvy (Vp, Global Talent)
  • Compensation: $421,773
  • Related: $0
  • Other: $17,450

    • Mary P Kessler (Vp Of Global Engagement)
  • Compensation: $343,271
  • Related: $0
  • Other: $47,050

    • Mark Broome (Chief Data Officer)
  • Compensation: $369,521
  • Related: $0
  • Other: $17,450

    • Pierre Le Manh (President & Ceo (Aug- Dec))
  • Compensation: $360,382
  • Related: $0
  • Other: $17,450

    • Abdullah S Wright (Chief Strategy Officer)
  • Compensation: $320,021
  • Related: $0
  • Other: $39,500

    • Ricardo Triana (Mgmt Director Latin America)
  • Compensation: $326,888
  • Related: $0
  • Other: $30,450

    • Daniel Conrad (Vp, General Counsel & Corp Sec)
  • Compensation: $265,944
  • Related: $0
  • Other: $71,450

    • Sierra Hampton-Simmons (Vice President, Products)
  • Compensation: $251,142
  • Related: $0
  • Other: $43,208

    • Marjorie H Gordon (Int Vp, Gen Counsel & Corp Sec)
  • Compensation: $252,045
  • Related: $0
  • Other: $41,630

    • Jennifer Tharp (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Agnieszka Maria Gasperini (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberto Toledo (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Tomlinson (Strategy Overs Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pablo Lledo (Audit Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tejas Sura (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ike Nwankwo (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Appleby (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarina Arcari (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Galen Townson (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luann Piccard (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anca E Slusanschi (Compensation Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pmi.org

    Where can I find the form 990 for Project Management Institute?

    The Project Management Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pmi.org

    Learn more at the official website: www.pmi.org

    Mission Statement of Project Management Institute

    Project Management Institute (PMI) is a global organization dedicated to advancing the practice, science, and profession of project management. With a vision to empower people to make ideas a reality, PMI sets out to consciously and proactively promote project management worldwide.

    PMI's mission is to ensure that professionals are prepared to meet the demands of projects and employers, regardless of industry or location. Its globally recognized Project Management Professional (PMP) certification is the most sought-after project management credential, with nearly 1.5 million certified holders worldwide as of December 2022. PMI offers a range of additional certifications, such as the Professional in Business Analysis (PMI-PBA), Program Management Professional (PGMP), Portfolio Management Professional (PFMP), Risk Management Professional (PMI-RMP), and Scheduling Professional (PMI-SP), catering to various stages of a professional's career. Moreover, PMI certifies newer project management practitioners through its Certified Associate in Project Management (CAPM) certification.

    As of December 2022, PMI has issued over 1.5 million gross certifications, demonstrating its commitment to upholding rigorous standards and ongoing research to meet the real-world needs of organizations. By earning a PMI certification, professionals can showcase their accomplishments and enhance their credentials, broadening their opportunities to work on projects anywhere in the world.

    Impact

    This information is meant to be a general summary of Project Management Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Project Management Institute's impact is significant in the professional world. With a focus on certifications, PMI ensures that professionals are equipped to meet the demands of projects and employers globally. Its certifications, recognized by organizations and governments worldwide, allow project management practitioners to showcase their expertise through a rigorous examination process. PMI's certifications, developed by practitioners for practitioners, are based on high standards and ongoing research to meet the real-world needs of organizations.

    The globally renowned Project Management Professional (PMP) certification, with nearly 1.5 million holders worldwide, is highly coveted in the project management field. Additionally, PMI offers other specialized certifications such as Professional in Business Analysis (PMI-PBA), Program Management Professional (PgMP), Portfolio Management Professional (PfMP), Risk Management Professional (PMI-RMP), and Scheduling Professional (PMI-SP). For newer practitioners, PMI provides the Certified Associate in Project Management (CAPM) certification.

    Overall, PMI has issued over 1.5 million certifications, enabling professionals to work across industries and methodologies worldwide. By empowering individuals to turn their ideas into reality, PMI plays a crucial role in advancing the practice, science, and profession of project management on a global scale.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-8,417,827
  • Program Service Revenue: $250,763,083
  • Gross Receipts: $296,845,843

    • Assets and Liabilities:
  • Total Assets: $620,363,012
  • Total Liabilities: $132,214,987
  • Net Assets: $488,148,025
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CERTIFICATIONS

    Revenue

    $145,305,361

    MEMBERSHIP DUES

    Revenue

    $79,180,622

    SEMINARS/SYMPOSIA

    Revenue

    $19,591,067

    EDUCATION PARTNERS REVENUE

    Revenue

    $6,012,681

    ACCREDITATION REVENUE

    Revenue

    $314,452

    Organization Details

    Founding Year

    1969

    Principal Officer

    Pierre Le Manh

    Main Address

    18 CAMPUS BOULEVARD Suite 150, NEWTOWN SQUARE, PA, 19073

    NTEE Category

    Code: S41 - Community improvement

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