Project Management Institute Washington DC Chapter Inc

“The organization is made up of members who join voluntarily and pay membership dues. Membership is open to all eligible persons without regard to race, age, sex, marital status, national origin, religion, or physical or mental disability. The organization was established as a non-stock, not-for-profit, tax-exempt corporation organized under the laws of the commonwealth of virginia.”

“Nine of the eleven governance board members have voting rights and are elected. The trustee and the past chair are approved by the governance board. The vice presidents have voting rights on the operations board and are elected. The vice presidents can appoint assist vice presidents sufficient to help in accomplishing their respective functional duties.”

“A copy of the 990 is provided to all members of the governing body for review, questions, and comments prior to filing changes and corrections.”

“Pmiwdc's conflict of interest policy states the following: to ensure that pmiwdc operates in a manner consistent with its tax-exempt purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews shall be conducted. The periodic reviews shall, at minimum, include the following subjects: a) whether compensation arrangements and benefits are reasonable and are the result of good faith bargaining. B) whether partnership, joint venture arrangements and any other similar arrangements conform to written policies, are properly recorded, reflect reasonable payments for good and services, further pmiwdc's tax-exempt purposes and do not result in inurement or impermissible private benefit.”

“Bylaws are available to the public on project management's website. All other documents and financial information is available on request.”

“Membership dues are paid directly to project management institute - global and they provide the deductibility information to members.”

“Prior period net assets were restated in order to defer dues according -259,409. To gaap.”

“During the year ended december 31, 2017, the organization changed its method of recording membership dues revenue to conform to u.s. Generally accepted accounting principles.”

“The audit committee has not changed its selection process.”