The Minneapolis Chapter has a long and distinguished history within the Institute of Management Accountants (IMA) and is routinely ranked as one of the top chapters in the world. On October 14, 1919, a group of 37 men met in Buffalo, New York to form the first national organization for the accounting profession: the National Association of Cost Accountants (NACA). Harry A. Bullis of Minneapolis was one of the original members of this organization, which later became the IMA. Mr. Bullis was employed by Washburn Crosby Milling Company (predecessor to General Mills) and served as President of the NACA from 1932-1933. In June of 1921, the Twin Cities were awarded a chapter charter with 18 local members. At the first meeting held September 22, 1921, Mr. Bullis was elected as the chapter's first President. There were 33 members in attendance that night and the dinner charge was $0.75!