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Nonprofit · EIN 22-2679694

INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC

Tax-exempt · MONTVALE, NJ 07645

Financials

$26.8M$29.5M2022$20.7M$25.8M2023$23.1M$22.5M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$23,136,423$22,470,191$666,232$556,094$10,187,415-$9,631,321
June 30, 2024990$20,743,497$25,774,663-$5,031,166$345,842$11,208,793-$10,862,951
June 30, 2023990$26,824,624$29,454,872-$2,630,248$5,817,081$11,720,402-$5,903,321
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$372,250
of which government grants
$372,250
Program service revenue
$22,180,473
Investment income
$396,862
Net gain from sales of assets
$64,571
Other revenue
$186,838

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$282,490
Other salaries and wages
$1,004,258
Salaries, compensation and benefits (total)
$1,964,971
Professional fundraising fees
$0
Travel
$9,882

Balance sheet and other

Total assets, start of year
$345,842
Total assets, end of year
$556,094
Total liabilities, end of year
$10,187,415
Net assets, end of year
-$9,631,321
Net assets without donor restrictions
-$9,631,321
Gross receipts
$24,369,260
Employees
13
Volunteers
20
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
CHRISTINE MILLAWAY CPACFO
Officer
0.5$0$386,229$17,212
TRAVIS WILLARDSR VICE PRESIDENT
Highest-paid employee
20$0$335,532$14,852
ELLEN GUREVICH CAEVICE PRESIDENT (THRU 01/25)
Highest-paid employee
20$0$302,144$16,257
DIANNA STEINBACHCHIEF GROWTH & MARKETING OFFICER
Highest-paid employee
20$0$302,353$11,247
JACKIE OPPENHEIMVICE PRESIDENT
Highest-paid employee
20$0$291,763$15,844
PATRICIA STEFANCZYK CAEVICE PRESIDENT
Highest-paid employee
20$0$270,857$14,624
ELLA SUPONITSKIYTREASURER/VP - CERT. & EXAMS
Trustee or director, Officer
40$222,756$0$13,069
SUNIL S DESHMUKH CMA CBMPRESIDENT
Trustee or director, Officer
1$0$0$0
RICHARD T BRADY CMA CGFMSECRETARY
Trustee or director, Officer
1$0$0$0
PETER J DOLANCMACFMCSCACPAMEMBER
Trustee or director
1$0$0$0
AKOMU OMOYE OKOH CMA CSCA CAMEMBER
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DENNIS WHITNEY CMATREASURER (THRU 08/23)
Trustee or director, Officer
40$533,835$0$21,523
RUSS PORTER CMA CFM CSCACFO (THRU 08/23)
Officer
0.5$0$290,248$17,053
ELLEN GUREVICH CAEVICE PRESIDENT
Highest-paid employee
20$0$277,252$19,329
PATRICIA STEFANCZYK CAEVICE PRESIDENT
Highest-paid employee
20$0$240,921$16,175
JACKIE OPPENHEIMVICE PRESIDENT
Highest-paid employee
20$0$228,700$17,387
ELLA SUPONITSKIYTREASURER (BEG 08/23)
Trustee or director, Officer
40$196,361$0$16,093
MIAOMIAO TIANSR DIRECTOR (THRU 02/24)
Highest-paid employee
20$0$199,236$9,722
LISA BEAUDOINSR DIRECTOR (THRU 02/24)
Highest-paid employee
20$0$193,199$10,026
CHRISTINE MILLAWAY CPACFO (BEG 11/23 - SEE SCH O)
Officer
0.5$0$143,969$0
RICHARD T BRADY CMA CGFMPRESIDENT
Trustee or director, Officer
1$0$0$0
GWEN VAN BERNE CMASECRETARY
Trustee or director, Officer
1$0$0$0
SUNIL S DESHMUKH CMA CBMMEMBER
Trustee or director
1$0$0$0
AKOMU OMOYE OKOH CMACSCACAMEMBER
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RUSS PORTER CMA CFM CSCACFO
Officer
0.5$0$411,194$20,324
DENNIS WHITNEY CMATREASURER
Trustee or director, Officer
40$379,431$0$24,673
ELLEN GUREVICH CAEVICE PRESIDENT
Highest-paid employee
20$0$267,288$19,200
PADRAIG HARE CAE CGEITVICE PRESIDENT (THRU 01/23)
Highest-paid employee
20$0$271,132$12,810
PATRICIA STEFANCZYK CAEVICE PRESIDENT
Highest-paid employee
20$0$249,185$16,657
STEVE SHANNONDIRECTOR
Highest-paid employee
20$0$235,822$12,999
LOREAL JILESVICE PRESIDENT
Highest-paid employee
20$0$218,475$17,090
GWEN VAN BERNE CMAPRESIDENT
Trustee or director, Officer
1$0$0$0
J STEPHEN MCNALLY CMA CPASECRETARY
Trustee or director, Officer
1$0$0$0
SRIKRISHNA MANKAL CMAMEMBER
Trustee or director
1$0$0$0
RICHARD T BRADY CMA CGFMMEMBER
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)
CHRISTINE MILLAWAY CPA, 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 DEVELOP, ADMINISTER, AND PROMOTE CERTIFICATION DESIGNED TO VALIDATEMASTERY OF THE RELEVANT BODY OF KNOWLEDGE AND PRACTICAL SKILLS BYMANAGEMENT ACCOUNTING AND FINANCE PROFESSIONALS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE INSTITUTE OF CERTIFIED MANAGEMENT ACCOUNTANTS, INC. EXISTS TODEVELOP AND ADMINISTER THE EXAMINATIONS FOR THE CERTIFIED MANAGEMENTACCOUNTANT (CMA), CERTIFIED IN STRATEGY AND COMPETITIVE ANALYSIS(CSCA), AND THE FINANCIAL AND MANAGERIAL ACCOUNTING ASSOCIATE (FMAA)DESIGNATIONS. 8,158 CMA CERTIFICATES WERE AWARDED IN FISCAL YEAR 2025,AND ACTIVE CMA PROGRAM PARTICIPANTS (CMAS AND CANDIDATES) AT FISCALYEAR-END TOTALED 105,191.

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
22-2679694
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$556,094
Income (IRS master file)
$24,369,260

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$23,136,423$22,470,191$556,094IRS
990June 2024$20,743,497$25,774,663$345,842XML
990June 2023$26,824,624$29,454,872$5,817,081XML
990June 2022$20,791,467$26,357,547$14,001,661IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 22-2679694).

Questions about INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC

What is the EIN of INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC?
The employer identification number (EIN) of INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC is 22-2679694.
Is INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
Are donations to INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INSTITUTE OF CERTIFIED MGT ACCOUN TANTS 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 CERTIFIED MGT ACCOUN TANTS 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 CERTIFIED MGT ACCOUN TANTS 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 CERTIFIED MGT ACCOUN TANTS INC?
The 990 for the year ended June 30, 2025 names CHRISTINE MILLAWAY CPA.
Who are the officers and directors of INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization.
How much revenue does INSTITUTE OF CERTIFIED MGT ACCOUN TANTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $23,136,423, expenses of $22,470,191 and total assets of $556,094 at year end.

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