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Nonprofit · EIN 22-2673344

INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC

Tax-exempt · MONTVALE, NJ 07645

Financials

$238K$52K2022$361K$349K2023$268K$520K2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$267,624$520,056-$252,432$4,284,326$652,746$3,631,580
June 30, 2024990$360,959$349,297$11,662$4,039,312$461,151$3,578,161
June 30, 2023990$238,064$52,429$185,635$3,544,670$100,000$3,444,670
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$107,189
Program service revenue
$0
Investment income
$160,435
Net gain from sales of assets
$32,849
Other revenue
$0

Expenses

Grants and similar amounts paid
$511,890
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$511,890
Management and general (functional)
$8,166

Balance sheet and other

Total assets, start of year
$4,039,312
Total assets, end of year
$4,284,326
Total liabilities, end of year
$652,746
Net assets, end of year
$3,631,580
Publicly traded securities
$4,283,326
Net assets without donor restrictions
$3,631,580
Gross receipts
$448,672
Employees
0
Volunteers
6
Year formed
1985
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL DEPRISCOSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$803,147$17,545
CHRISTINE MILLAWAY CPACFO
Officer
0.5$0$386,229$17,212
AHMED HASSAN CMATRUSTEE
Trustee or director
0.5$0$0$0
PETER J DOLANCMACFMCSCACPATRUSTEE
Trustee or director
1$0$0$0
PRAKASH G RAJAN CMA CPA CGMA CATRUSTEE
Trustee or director
0.5$0$0$0
RICHARD T BRADY CMA CGFMTRUSTEE
Trustee or director
1$0$0$0
SUNIL S DESHMUKH CMA CBMTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY THOMSON CMA CSCA CAEFORMER SECRETARY/TREASURER
Former
0.5$0$566,123$49,252
MICHAEL DEPRISCOSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$543,750$18,846
RUSS PORTER CMA CFM CSCACFO (THRU 08/23)
Officer
0.5$0$290,248$17,053
CHRISTINE MILLAWAY CPACFO (BEG 11/23 - SEE SCH O)
Officer
0.5$0$143,969$0
GWEN VAN BERNE CMATRUSTEE
Trustee or director
1$0$0$0
RICHARD T BRADY CMA CGFMTRUSTEE
Trustee or director
1$0$0$0
DEREK ALAN FUZZELL CMACSCACPATRUSTEE
Trustee or director
0.5$0$0$0
DR RINKU BHATTACHARYACMA CPATRUSTEE
Trustee or director
0.5$0$0$0
SUNIL S DESHMUKH CMA CBMTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY THOMSON CMA CSCA CAESECRETARY/TREASURER
Trustee or director, Officer
0.5$0$712,599$22,846
RUSS PORTER CMA CFM CSCACFO
Officer
0.5$0$411,194$20,324
MICHAEL DEPRISCOSECRETARY/TREASURER (AS OF 04/23)
Trustee or director, Officer
0.5$0$0$0
J STEPHEN MCNALLY CMA CPATRUSTEE
Trustee or director
1$0$0$0
GWEN VAN BERNE CMATRUSTEE
Trustee or director
1$0$0$0
PETER J DOLANCMACFMCSCACPATRUSTEE
Trustee or director
0.5$0$0$0
JANE E KARLI CMATRUSTEE
Trustee or director
0.5$0$0$0
RICHARD T BRADY CMA CGFMTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
10 PARAGON DRIVE, MONTVALE, NJ 07645-1773
In care of
% DOREEN REMMEN
Principal officer (990 for 2024)
MICHAEL DEPRISCO, 10 PARAGON DRIVE, MONTVALE, NJ 07645
Signed the 990
CHRISTINE MILLAWAY, CFO & SVP
Phone
(201) 573-9000
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO ACCEPT REQUESTS AND GIFTS AND MAKE GRANTS TO SUPPORT EDUCATIONAL PROGRAMS ON MANAGEMENT ACCOUNTING.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIPS AND GRANTS ARE AWARDED TO CANDIDATES IN MANAGEMENT ACCOUNTING AND RELATED AREAS. IN FISCAL YEAR 2025, 3 INDIVIDUALS AND VARIOUS 501(C)(3) ORGANIZATIONS RECEIVED SCHOLARSHIPS OR GRANTS.
    Expenses $511,890 · grants $511,890

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2673344
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,284,326
Income (IRS master file)
$448,672

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$267,624$520,056$4,284,326IRS
990June 2024$360,959$349,297$4,039,312XML
990June 2023$238,064$52,429$3,544,670XML
990June 2022$192,362$166,884$3,199,456IRS
990June 2021–––IRS
990June 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2673344).

Questions about INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC

What is the EIN of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC?
The employer identification number (EIN) of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC is 22-2673344.
Is INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC?
The 990 for the year ended June 30, 2025 names MICHAEL DEPRISCO.
Who are the officers and directors of INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $267,624, expenses of $520,056 and total assets of $4,284,326 at year end.

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