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Nonprofit · EIN 22-3323222

IMA RESEARCH FOUNDATION INC

Tax-exempt · MONTVALE, NJ 07645

Financials

$2K$105K2022$300K$132K2023$400K$127K2024
Revenue Expenses · by fiscal year end
Financials of IMA RESEARCH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$400,000$126,850$273,150$638,927$11,000$627,927
June 30, 2024990$300,350$131,977$168,373$401,000$46,223$354,777
June 30, 2023990$1,529$104,895-$103,366$186,404$0$186,404
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$400,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$118,850
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$126,850

Balance sheet and other

Total assets, start of year
$401,000
Total assets, end of year
$638,927
Total liabilities, end of year
$11,000
Net assets, end of year
$627,927
Net assets without donor restrictions
$627,927
Gross receipts
$400,000
Employees
0
Volunteers
33
Year formed
1994
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
SUNIL S DESHMUKH CMA CBMPRESIDENT
Trustee or director, Officer
1$0$0$0
VAIRAM ARUNACHALAMCOMMITTEE CHAIR
Trustee or director
4$0$0$0
REBECCA BAKER - VP RESEARCHPOLICY/COMMITTEE STAFF LIAISON
Trustee or director
1.5$0$0$0
RICHARD T BRADY CMA CGFMTRUSTEE
Trustee or director
1$0$0$0
PETER J DOLANCMACFMCSCACPATRUSTEE
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
RICHARD T BRADY CMA CGFMPRESIDENT
Trustee or director, Officer
1$0$0$0
REBECCA BAKERCHAIR (BEG 05/24)
Trustee or director
0.5$0$0$0
VAIRAM ARUNACHALAMCOMMITTEE CHAIR
Trustee or director
4$0$0$0
GWEN VAN BERNE CMATRUSTEE
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, 2023: 10 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
LOREAL JILESCOMMITTEE STAFF LIAISON (THRU 12/22)
Trustee or director
0.5$0$218,475$17,090
GWEN VAN BERNE CMAPRESIDENT
Trustee or director, Officer
1$0$0$0
MICHAEL DEPRISCOSECRETARY/TREASURER (AS OF 04/23)
Trustee or director, Officer
0.5$0$0$0
RAEF LAWSONCHAIR (THRU 12/22)
Trustee or director
4$0$0$0
J STEPHEN MCNALLY CMA CPATRUSTEE
Trustee or director
1$0$0$0
RICHARD T BRADY CMA CGFMTRUSTEE
Trustee or director
1$0$0$0
VAIRAM ARUNACHALAMINTERIM CHAIR (AS OF 01/23)
Trustee or director
4$0$0$0
QI SUSIE DUONGCOMMITTEE STAFF LIAISON (AS OF 1/23)
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
10 PARAGON DRIVE, MONTVALE, NJ 07645-1773
In care of
% DOREEN REMMEN
Mailing address (990-N for 2015)
10 Paragon Drive, Montvale NJ 07645
Principal officer (990 for 2024)
MICHAEL DEPRISCO, 10 PARAGON DRIVE, MONTVALE, NJ 07645
Principal officer (990-N for 2015)
WILLIAM KNESe, 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 AND DISSEMINATE TIMELY MANAGEMENT ACCOUNTING AND FINANCIAL MANAGEMENT RESEARCH FINDINGS THAT CAN BE APPLIED TO CURRENT AND EMERGING BUSINESS ISSUES.

990 for the year ended June 30, 2025

Program accomplishments

  • THE IMA RESEARCH FOUNDATION EXISTS TO ADMINISTER THE RESEARCH PROGRAM OF THE CONTROLLING ORGANIZATION (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) RESULTING IN PUBLISHED STUDIES AND EDUCATIONAL ARTICLES. IN FISCAL YEAR 2025, 36 GRANTEES WERE AWARDED RESEARCH GRANTS, AND 1 STUDY AND AN ARTICLE WAS PUBLISHED.
    Expenses $126,850 · grants $118,850

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
22-3323222
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$638,927
Income (IRS master file)
$400,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$400,000$126,850$638,927IRS
990June 2024$300,350$131,977$401,000XML
990June 2023$1,529$104,895$186,404XML
990June 2022$100,969$181,678$289,770IRS
990June 2021–––IRS
990June 2020–––IRS
990-N for 2015
Officer: WILLIAM KNESe
June 30, 2016≤ $50,000 receipts––e-Postcard

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 22-3323222).

Questions about IMA RESEARCH FOUNDATION INC

What is the EIN of IMA RESEARCH FOUNDATION INC?
The employer identification number (EIN) of IMA RESEARCH FOUNDATION INC is 22-3323222.
Is IMA RESEARCH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to IMA RESEARCH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does IMA RESEARCH FOUNDATION 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 IMA RESEARCH FOUNDATION 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 IMA RESEARCH FOUNDATION 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 IMA RESEARCH FOUNDATION INC?
The 990 for the year ended June 30, 2025 names MICHAEL DEPRISCO.
Who are the officers and directors of IMA RESEARCH FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does IMA RESEARCH FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $400,000, expenses of $126,850 and total assets of $638,927 at year end.

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