International Management Development Association
- Assets
- $165.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmyra, PA
- Founding
- 04/1995
- Data as of
- 12/2021
- EIN
- 25-1736169
Organization Overview
International Management Development Association is located in Palmyra, PA. The organization was established in 1995. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Management Development Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, International Management Development Association generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021, IMDA CONTINUED OUR MISSION OF BEING AN ORGANIZATION THAT SERVES AS NETWORK FOR THE EXCHANGE OF INFORMATION AND KNOWLEDGE AND FOR THE COLLABORATION ON RESEARCH AND BUSINESS PROJECTS, ALL WHILE MAKING PREPARATIONS FOR THE 2022 WORLD BUSINESS CONGRESS IN JYVASKYLA, FINLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kip Becker President | 10 | $0 | |
Erdener Kaynak Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,142 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,977 |
| Total expenses | $13,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,645 |
| Other assets | $0 |
| Total assets | $165,645 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,645 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blacksmith Institute Inc New York, NY | $13,522,554 | $10,512,947 |
Articlegroup Org Inc Brooklyn, NY | $1,374,310 | $2,181,406 |
Jewish Home Lifecare Community Services New York, NY | $545,047 | $487,228 |
International Association Registered Financial Consultants Middletown, OH | $473,108 | $742,506 |
People-Oriented Cities Inc Brooklyn, NY | $74,427 | $0 |
Life Transformation Foundation International Royersford, PA | $96,656 | $0 |
Enlightened World Foundation West Conshohocken, PA | $1,533,008 | $70,000 |
International Management Development Association Palmyra, PA | $165,645 | $0 |
The Nbi Foundation Inc Valhalla, NY | $0 | $0 |