Project Mgmt Instit NC Chapter

Research Triangle Park, NC501(c)(6)Since 1985EIN 56-1451473

Achieving and maintaining public recognition of project management as a valued profession. Provide the membership high value for the members investment of time and money.

83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $10K a year · 6% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+0.3% vs prior year
Spent
$215K
To programs
83%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$210K
FY2025+0.3%
Revenue by fiscal year
FY2020$194K
FY2021$136K
FY2022$131K
FY2023$149K
FY2024$209K
FY2025$210K
Expenses
$215K
FY2025▼ -12%
Expenses by fiscal year
FY2020$151K
FY2021$96K
FY2022$186K
FY2023$199K
FY2024$245K
FY2025$215K
Net assets
$1.2M
FY2025▲ +10%
Net assets by fiscal year
FY2020$862K
FY2021$982K
FY2022$980K
FY2023$1.0M
FY2024$1.1M
FY2025$1.2M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $178K Management & general 17% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
VP Prof Development
$0Pt VII · Sec A
VP Membership
$0Pt VII · Sec A
VP of Comm and Technology
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
VP Certifications
$0Pt VII · Sec A
VP Marketing
$0Pt VII · Sec A
See Project Mgmt Instit NC Chapter executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes project management as a valued profession and provides members with high value for their investment.

Provided by the organization

This section is blank until Project Mgmt Instit NC Chapter claims this page.

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3 program services account for $153K of program spending, described in the organization's own filed words · FY2025.
01

Annual Forum for Professional Development

$79Kprogram expense
02

Maintaining a community of project managers, regardless of discipline, industry, company or geography by providing frequent opportunities for member interaction, education, and professional development.

$47Kprogram expense
03

Project Management Professional Certification Program

$28Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Gifts and grantsLn 1h$105K
Fees for servicesLn 2g$78K
Investment incomeLn 3$26K
Money outPt IX
$215K
Ln 25
Programscol B$178K
Managementcol C$37K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$36K
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$105K
Fees for servicesLn 2g$78K
Investment incomeLn 3$26K
Other incomeLn 4–11$740
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$36K
Cash and savings togetherLn 1–2$36K
InvestmentsLn 11–13$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$45K$36K
InvestmentsLn 11–13$1.1M$1.2M
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$9K$7K
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$309$309
Accounting feesLn 11c$11K$11K
Advertising and promotionLn 12$4K$4K
Information technologyLn 14$15K$12K$3K
Conferences, conventions and meetingsLn 19$6K$6K
InsuranceLn 23$878$878
Other expenses (24a–d)Ln 24$156K$156K
All other expensesLn 24e$22K$6K$16K
Total functional expensesLn 25$215K$178K$37K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $210K$215K−$5K$1.2M 990 PDF
FY2024 $209K$245K−$36K$1.1M 990 PDF
FY2023 $149K$199K−$49K$1.0M 990 PDF
FY2022 $131K$186K−$55K$980K 990 PDF
FY2021 $136K$96K$41K$982K 990 PDF
FY2020 $194K$151K$42K$862K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $210,013 across 6 lines filed
Lines not itemized here account for $740 of total revenue; see the IRS return.
VIII-1b Membership dues$105,013
VIII-1h Total contributions, gifts and grants$105,013
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $78,235$78,235
VIII-3 Investment incomeExcluded from tax $26,025$26,025
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $78,975 · Unrelated business $0 · Excluded from tax $26,025$210,013
Part IX · Statement of functional expenses $215,323 across 8 lines filed
IX-11b Legal feesManagement $309$309
IX-11c Accounting feesManagement $10,750$10,750
IX-12 Advertising and promotionPrograms $4,166$4,166
IX-14 Information technologyPrograms $11,896 · Management $2,976$14,872
IX-19 Conferences, conventions and meetingsManagement $6,384$6,384
IX-23 InsuranceManagement $878$878
IX-24 Other expenses (24a–d)Programs $156,439$156,439
IX-24e All other expensesPrograms $5,760 · Management $15,765$21,525
IX-25 Total functional expensesPrograms $178,261 · Management $37,062 · Fundraising $0$215,323
Part X · Balance sheet $1,222,394 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $44,652$35,601
X-4 Accounts receivable$173
X-11 Publicly traded securitiesStart of year $1,069,567$1,186,620
X-16 Total assetsStart of year $1,118,484$1,222,394
X-17 Accounts payable and accrued expenses$267
X-25 Other liabilitiesStart of year $9,168$7,093
X-26 Total liabilitiesStart of year $9,168$7,360
X-27 Net assets without donor restrictionsStart of year $1,109,316$1,215,034
X-32 Total net assets or fund balancesStart of year $1,109,316$1,215,034
X-33 Total liabilities and net assetsStart of year $1,118,484$1,222,394
Part XI · Reconciliation of net assets $1,215,034 net assets at year end
XI-1 Total revenue$210,013
XI-2 Total expenses$215,323
XI-3 Revenue less expenses−$5,310
XI-4 Net assets at start of year$1,109,316
XI-5 Net unrealized gains (losses) on investments$111,028
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,215,034

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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