2023-11-15T15:29:34-06:00 2022-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-01-01 521898636 INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES INST 4437573500 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 ELENA GERSTMANN EXECUTIVE DIRECTOR 4437573500 2023-11-15 1 ELENA GERSTMANN 999009999 0 AARON M FOX P01365820 2028225000 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELENA GERSTMANN 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 16065132 0 X WWW.INFORMS.ORG X 1995 MD TO ADVANCE THE SCIENCE & PRACTICE OF OPERATIONS RESEARCH, ANALYTICS, AND MANAGEMENT SCIENCE. 15 15 55 4500 299196 104146 1504203 1770154 9755458 11576586 3073018 -1144526 784778 487479 15117457 12689693 181744 283922 0 0 5541071 4988716 0 0 0 7785751 9275622 13508566 14548260 1608891 -1858567 26434538 24048596 6588977 8351463 19845561 15697133 X INFORMS LEADS IN THE DEVELOPMENT, DISSEMINATION AND IMPLEMENTATION OF KNOWLEDGE, RESEARCH, AND TECHNOLOGIES IN OPERATIONS RESEARCH, ANALYTICS, THE MANAGEMENT SCIENCES, AND RELATED METHODS OF IMPROVING OPERATIONAL PROCESSES, DECISION MAKING, AND MANAGEMENT. 0 0 3812767 5312868 PUBLICATIONS - INFORMS PRODUCES SEVENTEEN SCIENTIFIC AND SCHOLARLY JOURNALS WHICH ARE PUBLISHED ON A MONTHLY, BI-MONTHLY, AND QUARTERLY BASIS THAT DESCRIBE THE LATEST OPERATIONS RESEARCH AND ANALYTICS METHODS AND APPLICATION, AND AN INDUSTRY AND MEMBERSHIP MAGAZINE WITH NEWS FROM ACROSS THE PROFESSION. 3295816 1414205 MEMBER PROGRAMS - MEMBERSHIP IN INFORMS PROVIDES MEMBERS MANY PERSONAL AND PROFESSIONAL CAREER ENHANCING RESOURCES. THE PROGRAMS INCLUDE INFORMS CONNECT, COMMUNITIES, PROFESSIONAL RECOGNITION, VOLUNTEER OPPORTUNITIES, INFORMS ONLINE AND CAREER RESOURCES. 3141355 4433488 CONFERENCES AND MEETINGS - INFORMS ARRANGES AN ANNUAL MEETING AND A MEETING FOR PRACTICING PROFESSIONALS TO GIVE THE MEMBERS THE OPPORTUNITY TO INTERACT WITH COLLEAGUES, PRESENT RESEARCH, AND LEARN THE LATEST METHODS AND TECHNOLOGIES. 2780778 283922 350780 INFORMATION TECHNOLOGYEXPENSES $ 1,498,590. INCLUDING GRANTS OF $ 0. REVENUE $ 0.INSTITUTE COMMITTEES AND PROGRAMS - VARIOUS COMMITTEES AND PROGRAMS DESIGNED TO FURTHER THE ORGANIZATION'S MISSION.EXPENSES $763,775. INCLUDING GRANTS OF $ 112,358. REVENUE $ 6,470.SUBDIVISION PROGRAM - SUBDIVISIONS CONSIST OF SOCIETIES, FORA, SPECIAL INTEREST GROUPS, CHAPTERS, AND STUDENT CHAPTERS. THEY PROVIDE AN OPPORTUNITY FOR MEMBERS TO NETWORK WITH OTHERS IN THEIR REGIONAL AND TECHNICAL AREAS OF INTEREST. SUBDIVISIONS SPONSOR MEETINGS, WEB PAGES, NEWSLETTERS, WORKSHOPS, AND AWARDS AND CO-SPONSOR SELECT INFORMS JOURNALS.EXPENSES $ 518,413. INCLUDING GRANTS OF $ 171,564. REVENUE $ 344,310. 2780778 283922 350780 13030716 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 102 0 1 55 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4437573500 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 RADHIKA KULKARNI PRESIDENT 6.00 X X 0 0 0 LAURA ELBERT PRESIDENT-ELECT 6.00 X X 0 0 0 STEPHEN C GRAVES PAST-PRESIDENT 6.00 X 0 0 0 MARK LEWIS SECRETARY 6.00 X X 0 0 0 DAVE HUNT TREASURER 6.00 X X 0 0 0 MIGUEL ANJOS VP, INTERNATIONAL ACTIVITI 6.00 X 0 0 0 MISSIE BOWERS VP, EDUCATION 6.00 X 0 0 0 ROBIN LOUGEE VP, PRACTICE 6.00 X 0 0 0 MACIEK NOWAK VP, SECTIONS & SOCIETIES 6.00 X 0 0 0 PELIN PEKGUN VP, MEMBERSHIP AND PROFESS 6.00 X 0 0 0 RAGHU RAGHAVAN VP, TECHNOLOGY STRATEGY 6.00 X 0 0 0 COLE SMITH VP, PUBLICATIONS 6.00 X 0 0 0 TAMAS TERLAKY VP, MEETINGS 6.00 X 0 0 0 L BERIL TOKTAY VP, MARKETING, COMMUNICATI 6.00 X 0 0 0 KATHRYN WALKER VP, CHAPTERS AND FOR A 6.00 X 0 0 0 ELENA A GERSTMANN EXECUTIVE DIRECTOR 40.00 X 302043 0 46919 DARDA C DUNCAN CHIEF FINANCIAL OFFICER 40.00 X 185281 0 32065 JEFFREY M COHEN CHIEF STRATEGY & INNOVATION OFFICER 40.00 X 178982 0 18555 REGINA M LLOYD CHIEF HUMAN RESOURCES OFFICER 40.00 X 154420 0 30470 KYLE JORDAN DIRECTOR, MEETINGS 40.00 X 162561 0 12256 MARY T MAGROGAN DIRECTOR, RECOGNITION AND DVLPMNT 40.00 X 146146 0 16731 JOHN KING DIRECTOR, IT 40.00 X 143709 0 1526 1273142 0 158522 4 0 1 0 KELLY BENEFITS 1 KELLY WAY SPARKS GLENCOE MD 21152 HEALTH INSURANCE 522300 MERRITT PROPERTIES LLC 2066 LORD BALTIMORE DRIVE BALTIMORE MD 21244 OFFICE RENT AND CAM CHARGES 494233 WILEY REIN DBA-SIGNAL GROUP CONSULTING 1750 K ST NW 2ND FLOOR WASHINGTON DC 20006 CONSULTANT SERVICES ADVOCACY 220000 COE-TRUMAN INTERNATIONAL LLC 500 N MICHIGAN AVENUE SUITE 800 CHICAGO IL 60611 ABSTRACTS MEETINGS AND VIRTUAL PLATFORM 160025 ATYPON SYSTEMS INC 111 RIVER STREET HOBEKEN NJ 07030 HOSTING SERVICES INFORMS JOURNALS 132196 10 944942 825212 120 1770154 PUBLICATIONS 541800 5378113 5312868 65245 CONFERENCE 900099 4433488 4433488 MEMBERSHIP DUES 900099 1414205 1414205 SUBDIVISIONS 900099 344310 344310 COMMITTEE & PROGRAMS 900099 6470 6470 11576586 683938 683938 253528 253528 1546975 3375439 -1828464 -1828464 -1828464 JOB REPLACEMENT 561300 97486 97486 CERTIFICATION PROGRAMS 561000 91465 91465 MANAGEMENT FEES 561000 45000 45000 233951 12689693 11511341 299196 -890998 X 187835 187835 96087 96087 536402 449451 86951 3428385 2872759 555626 290321 275113 15208 412959 346033 66926 320649 268681 51968 11717 7018 4699 46978 46978 2912517 2774022 138495 200201 200201 832612 765901 66711 660008 659228 780 1208295 938516 269779 298244 260054 38190 2585732 2562978 22754 28541 17320 11221 109349 20321 89028 PUBLICATION 314010 314010 TAXES 40618 40618 DUES & INVOICES 26800 15188 11612 14548260 13030716 1517544 0 4044942 4051254 1735064 599241 271912 341348 631462 729881 1035956 957448 52596 78508 19670302 15846037 28260 2402327 26434538 24048596 863699 1335109 4469052 4318566 944942 311284 2697788 6588977 8351463 X 18561975 14617818 1283586 1079315 19845561 15697133 26434538 24048596 -1858567 -2289861 0 X 0 1 X 1 0 X 2067066 2065398 1519859 2614277 1770154 10036754 10760561 11899302 7510613 8755581 11511341 50437398 12827627 13964700 9030472 11369858 13281495 60474152 5000 650 5650 0 5000 650 5650 60468502 751937 838609 707110 1226516 937466 4461638 751937 838609 707110 1226516 937466 4461638 72632 90841 33988 67284 299196 563941 11736 61819 861 23821 98237 13663932 14955969 9772431 12687479 14518157 65597968 0.92180 0.92830 0.06800 0.06540 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 11,736. 2019 AMOUNT: $ 61,819. 2020 AMOUNT: $ 861. 2021 AMOUNT: $ 23,821. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1184610 43500 -207801 0 52260 0 968049 1017134 62000 154784 0 49308 0 1184610 853163 0 214057 0 50086 0 1017134 563349 166350 170182 0 46718 0 853163 497670 144000 -29258 0 49063 0 563349 0.00000 0.15794 0.84205 0 0 51692 44771 6921 574896 503309 71587 409368 409368 0 78508 SECURITY DEPOSIT 26065 RIGHT OF USE ASSET 2376262 2402327 FUNDS HELD ON BEHALF OF OTHERS 169371 LEASE LIABILITY 2528417 2697788 X 10352854 -2289861 -2289861 12642715 46978 46978 12689693 14501282 0 14501282 46978 46978 14548260 PART X, LINE 2: INFORMS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2022, THE STATUTE OF LIMITATIONS REMAINED OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH INFORMS FILES TAX RETURNS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. IT IS INFORMS'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX OR INTEREST EXPENSE. AS OF DECEMBER 31, 2022, INFORMS HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 17795 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 35075 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 2625 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 26317 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 3000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 11275 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 0 0 0 0 0 0 96087 0 96087 AWARD/PRIZE NORTH AMERICA 6 6895 WIRE AWARD/PRIZE NORTH AMERICA 5 10900 CHECK AWARD/PRIZE EUROPE (INCLUDING ICELAND AND GREENLAND) 23 34950 WIRE AWARD/PRIZE EUROPE (INCLUDING ICELAND AND GREENLAND) 1 125 CHECK AWARD/PRIZE EAST ASIA AND THE PACIFIC 25 21317 WIRE AWARD/PRIZE EAST ASIA AND THE PACIFIC 1 5000 CHECK AWARD/PRIZE SOUTH AMERICA 4 11275 WIRE AWARD/PRIZE MIDDLE EAST AND NORTH AFRICA 1 3000 WIRE AWARD/PRIZE SOUTH ASIA 7 2625 WIRE 0 0 0 0 0 0 PART I, LINE 2: ASSIGNED BOARD MEMBERS AND STAFF REVIEW GRANTS AND AWARDS AND MONITOR ACTIVITIES AND USE OF FUNDS. PART III ACCOUNTING METHOD: 1 ANALYTICS SOCIETY AWARDS 3 3000 ANALYTICS MEETING AWARD 2 2000 ANNUAL MEETING AWARD 3 950 APPLIED PROBABILITY AWARD 3 200 AUCTIONS AND MARKET DESIGN 3 900 AVIATION APPLICATIONS AWARD 3 803 BEHAVIORAL OPERATIONS MGMT (BOM) 1 500 BONDER RESEARCH GRANT 4 20000 BONDER HEALTH APPS AWARD 1 6000 BONDER MILITARY APPS AWARD 1 6000 CASE COMPETION AWARD 1 500 CLEMEN-KLEINMUNTZ AWARD 1 2000 INFORMS COMPUTING SOCIETY AWARD 4 1500 DANTZIG PRIZE 2 900 DEI AMBASSADOR PROGRAM AWARD 3 2500 DECISION ANALYSIS AWARD 5 1625 DOING GOOD W/GOOD OR 1 500 ECPN (EARLY CAREER PROF NETWORK) 13 6010 EDELMAN COMPETITION AWARD 2 5000 ENERGY NATURAL RESOURSES ENVIRONMENT ENRE 1 400 FINANCE SECTION AWARD 3 499 SAUL GASS EXPOSITORY WRITING AWARD 1 2000 DONALD P. GAVER ENDOWMENT AWARD 1 2500 HARVEY GREENBERG AWARD 5 1000 GROUP DECISION NEGATION GDN AWARD 1 1000 HEALTH APPLICATIONS AWARD 2 1500 IMPACT PRIZE 5 833 INFORMS COLLEGE ON SIMULATION AWARADS 4 1950 INFORMATION SYSTEMS SOCIETY AWARDS 2 3000 ISMS AWARDS 14 70000 JFIG AWARD 9 1200 LANCHESTER AWARD 2 2500 MILITARY APPLICATIONS SOCIETY AWARDS 4 2600 MINORITY ISSUES FORUM MIF AWARD 3 2250 MSOM AWARD 20 5000 NICHOLSON PRIZE 3 900 OPTIMIZATION SECTION AWARD 6 14000 ORMS TOMORROW AWARD 2 300 PIERSKALLA AWARD 1 500 PUBLIC SECTOR OR PSOR AWARAD 1 200 REVENUE MANAGEMENT & SECTION AWARD 11 2100 SOCIAL MEDIA AWARDS 1 200 TEACHING OF ORMS PRACTICE AWARD 2 3000 TECHNOLOGY MANAGEMENT SECTION AWARDS 9 1715 TRANSPORTATION SCIENCE AND LOGISTICS AWARD 4 800 UNDERGRAD PRIZE 1 5000 PART I, LINE 2: ASSIGNED BOARD MEMBERS AND STAFF REVIEW GRANTS AND AWARDS AND MONITOR ACTIVITIES AND USE OF FUNDS. X X X 0 0 0 0 0 0 0 0 0 ELENA A GERSTMANN EXECUTIVE DIRECTOR 302043 0 0 0 0 0 30659 0 16260 0 348962 0 0 0 DARDA C DUNCAN CHIEF FINANCIAL OFFICER 185281 0 0 0 0 0 18419 0 13646 0 217346 0 0 0 JEFFREY M COHEN CHIEF STRATEGY & INNOVATION OFFICER 178982 0 0 0 0 0 17197 0 1358 0 197537 0 0 0 REGINA M LLOYD CHIEF HUMAN RESOURCES OFFICER 154420 0 0 0 0 0 15658 0 14812 0 184890 0 0 0 KYLE JORDAN DIRECTOR, MEETINGS 162561 0 0 0 0 0 4926 0 7330 0 174817 0 0 0 MARY T MAGROGAN DIRECTOR, RECOGNITION AND DVLPMNT 146146 0 0 0 0 0 14553 0 2178 0 162877 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INFORMS DOES HAVE MEMBERS; SEE EXPLANATION TO FORM 990, PART VI, SECTION A, LINE 7A FOR MORE DETAILS REGARDING THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THERE ARE FOUR CATEGORIES OF MEMBERSHIP: MEMBER, STUDENT MEMBER, RETIRED MEMBER, AND INSTITUTIONAL MEMBER. AN INSTITUTIONAL MEMBER IS AN ORGANIZATION. MEMBERS IN OTHER CATEGORIES ARE INDIVIDUAL MEMBERS. EACH INDIVIDUAL MEMBER WILL HAVE ONE VOTE AND WILL BE ENTITLED TO VOTE SOLELY BY MAIL BALLOT, DEFINED AS WRITTEN OR ELECTRONIC TRANSMISSION, WITH RESPECT TO THE ELECTION OF OFFICERS AND OTHER MEMBERS OF THE BOARD OF THE INSTITUTION AND WITH RESPECT TO AMENDMENTS TO THE CONSTITUTION OF THE INSTITUTE. AN INDIVIDUAL MEMBER ALSO HAS THE PRIVILEGE OF STANDING FOR ELECTION AS AN OFFICER OR FOR ELECTION OR APPOINTMENT AS A DIRECTOR AND OF NOMINATING MEMBERS FOR OFFICE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY IS EMAILED A COPY OF FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C INFORMS MAINTAINS OPEN COMMUNICATION BETWEEN DIRECTORS AND EMPLOYEES; FURTHERMORE, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE MADE AWARE OF NEW BUSINESS RELATIONSHIPS AS THEY ARE CONTRACTED. WHEN POTENTIAL CONFLICTS ARE DISCOVERED, TOP MANAGEMENT ASSESSES THE SITUATION. IF A CONFLICT EXISTS, THE PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR UTILIZING COMPARABLE ORGANIZATION DATA. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE FILES MAINTAINED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST ONLY. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,774,022. MANAGEMENT AND GENERAL EXPENSES 138,495. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,912,517.