Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Product Development & Management Association
EIN 38-2287777 • 501(c)6 • Minneapolis, MN
Profile
To improve the effectiveness of people engaged in the development and management of new products and services, primarily in the united states as well as internationally.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.03x
Liabilities / Revenue
27th percentile
Higher debt load relative to revenue than 27% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Up$1,890,674
Up $75,116 (+4.1%) from 2023
Liabilities
Down$52,239
Down $1,328 (-2.5%) from 2023
Net Assets
Up$1,838,435
Up $76,444 (+4.3%) from 2023
Revenue
Down$1,434,569
Down $392,498 (-21%) from 2023
Expenses
Up$1,396,511
Up $212,748 (+18%) from 2023
Net Income
Down$38,058
Down $605,246 (-94%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,890,674
- Liabilities
- $52,239
- Net assets
- $1,838,435
- Revenue
- $1,434,569
- Expenses
- $1,396,511
- Net income
- $38,058
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 29, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $1,434,569
Mission and Program Overview
Mission
To improve the effectiveness of people in engaged in the development and management of new products and services, primarily in the united states as well as internationally.
Provide access to the highest quality product management education, training, certification, and primary research products as a content creator and curator.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $548,398 | $1,066,440 | ▲ $518,042 |
| Accounts Receivable | $671,876 | $472,993 | ▼ $198,883 |
| Cash and Non-Interest-Bearing Accounts | $544,363 | $250,455 | ▼ $293,908 |
| Prepaid Expenses and Deferred Charges | - | $53,750 | - |
| Savings and Temporary Cash Investments | $22,399 | $47,036 | ▲ $24,637 |
| Intangible Assets | $28,522 | $0 | ▼ $28,522 |
| Total Assets | $1,815,558 | $1,890,674 | ▲ $75,116 |
| Liabilities | |||
| Deferred Revenue | $46,507 | $34,824 | ▼ $11,683 |
| Accounts Payable and Accrued Expenses | $7,060 | $17,415 | ▲ $10,355 |
| Total Liabilities | $53,567 | $52,239 | ▼ $1,328 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,761,991 | $1,838,435 | ▲ $76,444 |
| Total Net Assets Fund Balance | $1,761,991 | $1,838,435 | ▲ $76,444 |
| Total Liabilities and Net Assets / Fund Balance | $1,815,558 | $1,890,674 | ▲ $75,116 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Susan Penta | Chair |
| Marlon Hernandez | Vice Chair |
| Andreas Maihoefer | Director |
| Bill Reid | Director |
| Gloria Barczak | Director |
| Greg Coticchia | Director |
| Kristyn Corrigan | Director |
| Ludwig Bstieler | Director |
| MICHAEL O'CONNOR | Director |
| Nariman Lotfi | Director |
| Rolando Cruzado | Director |
| Ruby Lee | Director |
| Seif Abdelghany | Director |
| Wayne Fisher | Director |
| Rosanna Stokes | Secretary-treasuer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Ewald Consulting | Association Management | 1601 UTICA AVE S STE 213, Minneapolis, MN 55416 | $534,282 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,398,052
- Investment Income
- $29,387
- Other Revenue
- $7,130
- Change in Net Assets
- $38,058
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,396,511 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | - | - | - | $593,152 |
| Conferences and Meetings | - | - | - | $344,371 |
| Advertising | - | - | - | $99,277 |
| Office Expenses | - | - | - | $51,662 |
| Depreciation Depletion | - | - | - | $30,005 |
| Fees for Services Accounting | - | - | - | $21,995 |
| Other Expenses | - | - | - | $18,357 |
| Travel | - | - | - | $17,284 |
| All Other Expenses | - | - | - | $8,940 |
| Insurance | - | - | - | $5,451 |
| Fees for Services Legal | - | - | - | $4,793 |
| Total Functional Expenses | $0 | $0 | $0 | $1,396,511 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- Yes
- Audit committee
- No
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 1A
“The executive committee may act in the place of the board of directors when authority is designated by the board or in emergency matters where executive committee action is temporary and subject to ratification by the board.”
Form 990, Part VI, Section A, Line 3
“The association has a contractual agreement with an independent contractor for various management service, including financial processing and meeting/conference planning.”
Form 990, Part VI, Section A, Line 6
“Organization membership - pdma has one class of voting members and each voting member has the same voting rights.”
Form 990, Part VI, Section A, Line 7A
“Election of members of governing body - each voting member of the organization shall be eligible to hold office and vote.”
Form 990, Part VI, Section B, Line 11B
“An outside accounting firm prepares the form 990 and provides to management for review. After management has reviewed the return, a final copy of the form 990 is distributed to each voting member of the governing board prior to its filing with irs.”
Form 990, Part VI, Section B, Line 12C
“All members of management and voting members of the governing board must complete a conflict of interest questionnaire annually which identifies any potential conflicts. After disclosure of the potential conflict of interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists and recommend actions to be taken. The president/chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction, arrangement, or confidential information disclosure. After exercising due diligence, the governing board or committee shall determine whether the pdma can obtain with reasonable efforts a more advantageous transaction, arrangement, or confidential information disclosure from a person or entity that would not give rise to a conflict of interest. These deliberations and discussion are documented in the governing board and all committees minutes.”
Form 990, Part VI, Section C, Line 19
“Copies of the organization's governing documents, financial statements, and form 990 are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Product Development and Management
- EIN
- 38-2287777
- Phone
- 6512906260
- Address
- 1601 UTICA AVE S 213, MINNEAPOLIS, MN 55416
Signing Officer
- Name
- Susan Penta
- Title
- Chair
- Phone
- 6512906260
- Signed
- 2025-10-29
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Susan Penta
- Formed
- 1980
- Legal Domicile
- Mi
- Voting Board Members
- 15
- Independent Board Members
- 15
- Employees
- 0
- Volunteers
- 45
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
- Preparer
- Ann Neil
- Phone
- 6123764500
Raw XML AppendixShowing 400 of 432 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
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| IRS990/FormationYr | 0 | 1980 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1434569 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5451 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 28522 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 29387 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 29387 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 548398 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1066440 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 1 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PDMA PROVIDES ACCESS TO THE HIGHEST QUALITY EDUCATION, TRAINING, CERTIFICATION, AND PRIMARY RESEARCH PRODUCTS AS A CONTENT CREATOR AND CURATOR. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1761991 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1838435 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 38386 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1761991 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1838435 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 51662 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CERTIFICATION EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | CHAPTER EVENTS |
| IRS990/OtherExpensesGrp/Desc | 2 | JPIM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | BANK & CREDIT CARD FEES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 111045 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 58551 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 31628 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 18357 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 53750 |
| IRS990/PrincipalOfficerNm | 0 | SUSAN PENTA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 541800 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CERTIFICATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PUBLICATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PROGRAM REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | CHAPTER EVENTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 930602 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 209198 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 116550 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 91340 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 50302 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 930602 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 209198 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 116550 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 91340 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 50302 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CHAPTER EVENTS:PDMA SPONSORS LOCAL US CHAPTERS AND INTERNATIONAL AFFILIATE MEETINGS THAT OFFER OPPORTUNITIES FOR LOCAL INVOLVEMENT, NETWORKING, AND EXCHANGE OF IDEAS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | PUBLICATIONS/WEBSITE:PDMA PUBLISHES THE FOLLOWING: JOURNAL OF PRODUCT INNOVATION MANAGEMENT (JPIM), PDMA HANDBOOK OF NEW PRODUCT DEVELOPMENT (4TH EDITION), PDMA TOOL BOOK 1, 2, AND 3 FOR NEW PRODUCT DEVELOPMENT, NEW PRODUCT DEVELOPMENT FOR DUMMIES, PDMA BODY OF KNOWLEDGE, 3RD EDITION, DESIGN THINKING: NEW PRODUCT DEVELOPMENT ESSENTIALS, AND OPEN INNOVATION: NEW PRODUCT DEVELOPMENT ESSENTIALS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PDMA HAS A CERTIFICATION PROGRAM NEW PRODUCT DEVELOPMENT PROFESSIONAL (NPDP) |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 12550 |
| IRS990/PYOtherExpensesAmt | 0 | 1183763 |
| IRS990/PYOtherRevenueAmt | 0 | 8652 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1805865 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 643304 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1183763 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1827067 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 38058 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 7130 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 7130 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 22399 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 47036 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE EXECUTIVE COMMITTEE MAY ACT IN THE PLACE OF THE BOARD OF DIRECTORS WHEN AUTHORITY IS DESIGNATED BY THE BOARD OR IN EMERGENCY MATTERS WHERE EXECUTIVE COMMITTEE ACTION IS TEMPORARY AND SUBJECT TO RATIFICATION BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ASSOCIATION HAS A CONTRACTUAL AGREEMENT WITH AN INDEPENDENT CONTRACTOR FOR VARIOUS MANAGEMENT SERVICE, INCLUDING FINANCIAL PROCESSING AND MEETING/CONFERENCE PLANNING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ORGANIZATION MEMBERSHIP - PDMA HAS ONE CLASS OF VOTING MEMBERS AND EACH VOTING MEMBER HAS THE SAME VOTING RIGHTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ELECTION OF MEMBERS OF GOVERNING BODY - EACH VOTING MEMBER OF THE ORGANIZATION SHALL BE ELIGIBLE TO HOLD OFFICE AND VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AN OUTSIDE ACCOUNTING FIRM PREPARES THE FORM 990 AND PROVIDES TO MANAGEMENT FOR REVIEW. AFTER MANAGEMENT HAS REVIEWED THE RETURN, A FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO ITS FILING WITH IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ALL MEMBERS OF MANAGEMENT AND VOTING MEMBERS OF THE GOVERNING BOARD MUST COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY WHICH IDENTIFIES ANY POTENTIAL CONFLICTS. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS AND RECOMMEND ACTIONS TO BE TAKEN. THE PRESIDENT/CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION, ARRANGEMENT, OR CONFIDENTIAL INFORMATION DISCLOSURE. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE PDMA CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION, ARRANGEMENT, OR CONFIDENTIAL INFORMATION DISCLOSURE FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. THESE DELIBERATIONS AND DISCUSSION ARE DOCUMENTED IN THE GOVERNING BOARD AND ALL COMMITTEES MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1815558 |
| IRS990/TotalAssetsEOYAmt | 0 | 1890674 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1815558 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1890674 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1396511 |
| IRS990/TotalGrossUBIAmt | 0 | 50 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 53567 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 52239 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 53567 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 52239 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1761991 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1838435 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcRevenueAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 10 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 60 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 50 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1398052 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 36517 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1398002 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1434569 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 50 |
| IRS990/TotalVolunteersCnt | 0 | 45 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1815558 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1890674 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 17284 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1601 UTICA AVE S 213 |
| IRS990/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55416 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 15 |
| IRS990/VotingMembersIndependentCnt | 0 | 15 |
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