Staff Association Of The International Monetary Fund
- Assets
- $609.4k
- Revenue
- $119.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1984
- Data as of
- 04/2024
- EIN
- 52-1323228
Organization Overview
Staff Association Of The International Monetary Fund is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Staff Association Of The International Monetary Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 04/2024, Staff Association Of The International Monetary Fund generated $119.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $94.7k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT STAFF INTEREST WITH REGARDS TO IMF MANAGEMENT AND THE EXECUTIVE BOARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SAC CONTINUED TO WORK ON MANY ISSUES AFFECTING FUND STAFF. THESE INCLUDE: (I) COMPENSATION OF FUND STAFF; (II) REMOTE TELEWORK AND HYBRID OFFICE WORK; (III) VISA ISSUES (EMPLOYMENT AUTHORIZATION FOR DEPENDENTS, GREEN CARDS FOR RETIREES, DIFFICULTIES OBTAINING VISAS); (IV) REFORM OF THE FUND'S DISPUTE RESOLUTION SYSTEM; (V) STAFF ENGAGEMENT SURVEY; AND (VI) HELPING STAFF MEMBERS WITH PROBLEMS WITH THEIR BENEFITS OR WORK CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liam O'sullivan Chair (started 06/2023) | OfficerTrustee | 20 | $0 |
Mark Griffiths Chair (left 06/2023) | OfficerTrustee | 20 | $0 |
Kathryn Nelson-Indre Vice-Chair (started 06/2023) | OfficerTrustee | 20 | $0 |
Priscilla Toffano Vice-Chair (left 06/2023) | OfficerTrustee | 20 | $0 |
Giorgia Albertin Treasurer | OfficerTrustee | 10 | $0 |
Joana Carvalho Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,966 |
| Investment income | $4,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $60,023 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,723 |
| Office expenses | $2,450 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $94,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,555 |
| Savings and temporary cash investments | $415,882 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $609,437 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $609,437 |
| Total liabilities and net assets/fund balances | $609,437 |