2024-07-23T12:28:41-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 521898636 INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES INST 4437573500 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 ELENA GERSTMANN EXECUTIVE DIRECTOR 4437573500 2024-07-22 1 ELENA GERSTMANN 999009999 0 AARON M FOX P01365820 2022274000 2024-07-22 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z X ELENA GERSTMANN 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 20832678 0 X WWW.INFORMS.ORG X 1995 MD TO ADVANCE THE SCIENCE & PRACTICE OF OPERATIONS RESEARCH, ANALYTICS, AND MANAGEMENT SCIENCE. 15 15 52 4500 261507 62688 1770154 788273 11576586 13040417 -1144526 282230 487479 497594 12689693 14608514 283922 212045 0 0 4988716 5067495 0 24000 24000 9275622 9547486 14548260 14851026 -1858567 -242512 24048596 25725358 8351463 7715557 15697133 18009801 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 3805704 5906782 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. 3431439 1532294 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. 3415329 5925004 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. 2851108 212045 788325 INSTITUTE COMMITTEES AND PROGRAMS - VARIOUS COMMITTEES AND PROGRAMS DESIGNED TO FURTHER THE ORGANIZATION'S MISSION. 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. 2851108 212045 788325 13503580 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 117 0 1 52 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN VA WV WI X THE ORGANIZATION 4437573500 5521 RESEARCH PARK DRIVE 200 CATONSVILLE MD 21228 LAURA ALBERT PRESIDENT 6.00 X X 0 0 0 JULIE SWANN PRESIDENT-ELECT 6.00 X X 0 0 0 RADHIKA KULKARNI PAST PRESIDENT 6.00 X X 0 0 0 MARK LEWIS SECRETARY 6.00 X X 0 0 0 SUSAN MARTONOSI TREASURER 6.00 X X 0 0 0 MIGUEL ANJOS VP, INTERNATIONAL ACTIVITIES 6.00 X 0 0 0 ILLYA HICKS VP, EDUCATION 6.00 X 0 0 0 WARREN HEARNES VP, TECHNOLOGY STRATEGY 6.00 X 0 0 0 ROBIN LOUGEE VP, PRACTICE 6.00 X 0 0 0 PELIN PEKGUN VP, MEMBERSHIP & PROFESSIONAL 6.00 X 0 0 0 ARIELA SOFER VP, MEETINGS 6.00 X 0 0 0 MARK SQUILLANTE VP, SECTIONS & SOCIETIES 6.00 X 0 0 0 L BERIL TOKTAY VP, MARKETING, COMMUNICATION 6.00 X 0 0 0 CHRIS TANG VP, PUBLICATIONS 6.00 X 0 0 0 KATHRYN WALKER VP, CHAPTERS AND FORUMS 6.00 X 0 0 0 ELENA A GERSTMANN EXECUTIVE DIRECTOR 40.00 X 337581 0 48550 DARDA C DUNCAN CHIEF FINANCIAL OFFICER- UNTIL 05/23 40.00 X 109097 0 15871 XIAOLAN LUO DIRECTOR, FINANCE 40.00 X 63010 0 7820 JEFFREY M COHEN CHIEF STRATEGY & INNOVATION 40.00 X 179154 0 19384 REGINA M LLOYD CHIEF HUMAN RESOURCES OFFICER 40.00 X 170100 0 31342 KYLE JORDAN DIRECTOR, MEETINGS 40.00 X 167614 0 7794 MARY T MAGROGAN DIRECTOR, RECOGNITION & DEVELOPMENT 40.00 X 149094 0 17088 JOHN KING DIRECTOR, IT 40.00 X 178478 0 10050 1354128 0 157899 11 0 1 0 KELLY BENEFITS 1 KELLY WAY SPARKS GLENCOE MD 21152 HEALTH INSURANCE 563594 MERRITT PROPERTIES LLC 2066 LORD BALTIMORE DRIVE BALTIMORE MD 21244 OFICE RENT & CAM CHARGES 495184 AVENTURA CATERING 100 NORTH 3RD STREET PHOENIX AZ 85004 CATERING ANNUAL MEETING 2023 279320 HE PHOENIX LLC DBA-HYATT REGENCY PHOEN 122 NORTH 2ND STREET PHOENIX AZ 85004 HOTEL ROOMS ANNUAL MEETING 2023 245372 WHITE LEGACY PROP-DBA- JW MARRIOTT INDIA 6290 COLLECTION DRIVE CHICAGO IL 60693 HOTEL ROOMS ANNUAL MEETING 2022 211940 9 788273 460 788273 CONFERENCE 900099 5704689 5704689 PUBLICATIONS 541800 5670862 5643896 26966 MEMBERSHIP DUES 900099 1430638 1430638 SUBDIVISIONS 900099 231728 231728 COMMITTEE & PROGRAMS 900099 2500 2500 13040417 528019 528019 223122 223122 5978375 6224164 -245789 -245789 -245789 CERTIFICATION PROGRAMS 561000 132885 132885 JOB REPLACEMENT 561300 84781 84781 OTHER REVENUE 900099 39931 39931 16875 16875 274472 14608514 13013451 261507 545283 X 15000 15000 148348 148348 48697 48697 581929 581929 3416619 3383738 32881 298775 292590 6185 453427 417925 35502 316745 272975 43770 35651 25307 10344 24000 24000 43764 43764 2940459 2716119 224340 173099 173099 883892 872748 11144 882909 882667 242 585492 512239 73253 317719 254295 63424 2948712 2916807 31905 37174 31485 5689 121566 24565 97001 PUBLICATION 501072 501072 TAXES 50289 50289 DUES & INVOICES 25688 13904 11784 14851026 13503580 1323446 24000 4051254 3509328 599241 685940 341348 205953 729881 745712 1035956 994622 78508 41334 15846037 18537501 2402327 1999590 24048596 25725358 1335109 1015031 4318566 4455347 2697788 2245179 8351463 7715557 X 14617818 16749875 1079315 1259926 15697133 18009801 24048596 25725358 -242512 2555180 0 X 0 1 X 1 0 X 2065398 1519859 2614277 1770154 788273 8757961 11899302 7510613 8755581 11511341 12868346 52545183 13964700 9030472 11369858 13281495 13656619 61303144 650 650 0 650 650 61302494 838609 707110 1226516 937466 751141 4460842 838609 707110 1226516 937466 751141 4460842 90841 33988 67284 299196 446543 937852 61819 861 23821 86501 14955969 9772431 12687479 14518157 14854303 66788339 0.91790 0.92180 0.06680 0.06800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 968049 44500 168805 56022 1124845 1184610 43500 -207801 52260 968049 1017134 62000 154784 49308 1184610 853163 214057 50086 1017134 563349 166350 170182 46718 853163 0.00000 0.23576 0.76423 0 0 51692 42963 8729 574896 542291 32605 409368 409368 0 41334 SECURITY DEPOSIT 26065 RIGHT OF USE ASSET 1973525 1999590 FUNDS HELD ON BEHALF OF OTHERS 124554 LEASE LIABILITY 2120625 2245179 X 17119930 2555180 2555180 14564750 43764 43764 14608514 14807262 0 14807262 43764 43764 14851026 PART X, LINE 2: INFORMS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023, 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, 2023, 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, 2023, INFORMS HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTMAKING 21754 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING 16174 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTMAKING 4169 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTMAKING 3500 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTMAKING 2000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTMAKING 1100 0 0 0 0 0 0 48697 0 48697 EUROPE (INCLUDING ICELAND & GREENLAND) 17 16174 WIRE EAST ASIA & THE PACIFIC 24 15454 WIRE EAST ASIA & THE PACIFIC 2 6300 CHECK NORTH AMERICA (WHICH INCLUDES CANADA AND MEXICO, BUT NOT THE U.S.) 6 3869 WIRE SOUTH AMERICA 2 3500 WIRE MIDDLE EAST AND NORTH AFRICA 1 2000 WIRE SOUTH ASIA 2 1100 WIRE NORTH AMERICA (WHICH INCLUDES CANADA AND MEXICO, BUT NOT THE U.S.) 1 300 CHECK 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. X X X X 1 FALLON PHILANTHROPY ADVISORS 3262 WESTHAIMER ROAD SUITE 360 HOUSTON TX 77098 FUNDRAISING COUNSEL 0 0 24000 -24000 24000 -24000 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI 1 THE TRUSTEES OF PURDUE UNIVERSITY 2550 NORTHWESTERN AVE SUITE 1100 WEST LAFAYETTE IN 479061332 356002041 501(C)(3) 10000 0 UPS GEORGE SMITH PRIZE 1 BONDER RESEARCH GRANT 5 25000 EDELMAN COMPETITION AWARD 5 14000 OPTIMIZATION SECTION AWARD 5 14000 UPS GEORGE SMITH PRIZE 1 10000 ANALYTICS MEETING AWARD 18 9700 MSOM AWARD 21 8256 BONDER MILITARY APPS AWARD 1 6000 LANCHESTER AWARD 2 5000 VON NEUMANN THEORY PRIZE 2 5000 WORMS (WOMEN IN ORMS) AWARD 6 4500 HEALTH APPLICATIONS AWARD 6 3250 DONALD P. GAVER ENDOWMENT AWARD 1 2500 MILITARY APPLICATIONS SOCIETY AWARDS 3 2500 TRANSPORTATION SCIENCE AND LOGISTICS AWARD 6 2350 MINORITY ISSUES FORUM MIF AWARD 4 2250 CLEMEN-KLEINMUNTZ AWARD 1 2000 DEI AMBASSADOR PROGRAM AWARD 3 2000 DOING GOOD W/GOOD OR 6 2000 SAUL GASS EXPOSITORY WRITING AWARD 1 2000 MORSE LECTURESHIP AWARD 1 2000 TECHNOLOGY MANAGEMENT SECTION AWARDS 6 1733 APPLIED PROBABILITY AWARD 3 1666 DECISION ANALYSIS AWARD 3 1500 ORMS TOMORROW AWARD 9 1425 REVENUE MANAGEMENT & SECTION AWARD 5 1367 INFORMS COMPUTING SOCIETY AWARD 3 1250 WSC CASE COMPETION AWARD 5 1200 DANTZIG PRIZE 4 1100 JFIG AWARD 5 1100 DH WAGNER PRIZE 4 1000 DATA MINING CHALLENGE 1 1000 HARVEY GREENBERG AWARD 1 1000 INFORMATION SYSTEMS SOCIETY AWARDS 1 1000 TELECOMMUNICATION AWARD 1 1000 ANNUAL MEETING AWARD 3 900 NICHOLSON PRIZE 2 900 AVIATION APPLICATIONS AWARD 2 801 CASE COMPETION AWARD 4 800 BEHAVIORAL OPERATIONS MGMT (BOM) 2 500 CHICAGO IRAC AWARD 1 500 FINANCE SECTION AWARD 2 500 PIERSKALLA AWARD 1 500 UNDERGRAD PRIZE 1 500 AUCTIONS AND MARKET DESIGN 2 400 ENERGY NATURAL RESOURSES ENVIRONMENT ENRE 1 400 PART I, LINE 2: ASSIGNED BOARD MEMBERS AND STAFF REVIEW GRANTS AND AWARDS AND MONITOR ACTIVITIES AND USE OF FUNDS. X X X X 0 0 0 0 0 0 0 0 0 ELENA A GERSTMANN EXECUTIVE DIRECTOR 325581 0 12000 0 0 0 31821 0 16729 0 386131 0 0 0 REGINA M LLOYD CHIEF HUMAN RESOURCES OFFICER 165100 0 5000 0 0 0 16295 0 15047 0 201442 0 0 0 JEFFREY M COHEN CHIEF STRATEGY & INNOVATION 179154 0 0 0 0 0 17523 0 1861 0 198538 0 0 0 JOHN KING DIRECTOR, IT 178478 0 0 0 0 0 8314 0 1736 0 188528 0 0 0 KYLE JORDAN DIRECTOR, MEETINGS 167614 0 0 0 0 0 0 0 7794 0 175408 0 0 0 MARY T MAGROGAN DIRECTOR, RECOGNITION & DEVELOPMENT 149094 0 0 0 0 0 14927 0 2161 0 166182 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THERE WERE CHANGES IN 2023 INCLUDING REMOVING THE REQUIREMENT OF A MAIL BALLOT. THE BYLAWS WERE CHANGED TO REFLECT CLARITY UPDATES. 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 2,716,119. MANAGEMENT AND GENERAL EXPENSES 224,340. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,940,459. AMENDED RETURN THE ORGANIZATION AMENDED THE FORM 990 FILING FOR THE YEAR ENDED DECEMBER 31, 2023 TO ACCOUNT FOR PROFESSIONAL FUNDRAISING COUNSEL DISCLOSURE THAT WAS OMITTED FROM THE ORIGINAL FILING. THE FOLLOWING ITEMS WERE UPDATED ON THE RETURN: -PART IV, LINE 17: MARKED AS YES -PART VI, LINE 17: UPDATED TO INCLUDE LIST OF STATES WHO RECEIVE A COPY OF FORM 990 WITH CHARITABLE REGISTRATIONS -PART IX, LINE 11F: UPDATED TO INCLUDE THE PROFESSIONAL FUNDRAISING FEES -PART IX, LINE 11G: UPDATED TO REMOVE THE PROFESSIONAL FUNDRAISING FEES -SCH G, PART I: COMPLETED TO DISCLOSE THE PROFESSIONAL FUNDRAISING FEES