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Nonprofiteer
← AMERICAN MEDICAL GROUP ASSOCIATION INC

Form 990 for tax year 2024

Filed by AMERICAN MEDICAL GROUP ASSOCIATION INC.

Totals

Total revenue
$16,334,741
Total expenses
$16,403,019
Contributions and grants received
$5,900,655
Grants paid
$253,750
Program service revenue
$9,788,108
Investment income
$270,844
Other revenue
$375,134
Total assets, end of year
$21,175,075
Total liabilities, end of year
$7,491,890
Net assets or fund balances, end of year
$13,683,185
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $5,900,655

  • 2a · Program service revenue: RESEARCH

    total $2,604,589 · related or exempt $2,604,589

  • 2b · Program service revenue: SPONSORSHIP REVENUE

    total $2,394,128 · related or exempt $2,394,128

  • 2c · Program service revenue: HPPE COLLABORATIVE

    total $1,800,000 · related or exempt $1,800,000

  • 2d · Program service revenue: PUBLICATIONS

    total $1,539,774 · related or exempt $1,354,723 · unrelated business $185,051

  • 2e · Program service revenue: REGISTRATIONS AND EXHIBIT FEES

    total $1,449,617 · related or exempt $1,449,617

  • 3 · Investment income

    total $246,790 · excluded $246,790

  • 5 · Royalties

    total $1,089 · excluded $1,089

  • 7a · Gross sales of assets other than inventory

    securities $1,263,034

  • 7b · Less cost or other basis and sales expenses

    securities $1,238,980

  • 7c · Gain or loss

    securities $24,054

  • 7d · Net gain or loss

    total $24,054 · excluded $24,054

  • 11a · Other revenue: INCOME FROM AFFILIATES

    total $266,257 · related or exempt $266,257

  • 11b · Other revenue: MISCELLANEOUS

    total $107,788 · related or exempt $107,788

  • 11e · Other revenue, total

    $374,045

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $253,750

  • 5 · Compensation of officers, directors and key employees

    total $1,211,674

  • 7 · Other salaries and wages

    total $5,978,086

  • 8 · Pension plan contributions

    total $516,943

  • 9 · Other employee benefits

    total $632,950

  • 10 · Payroll taxes

    total $572,603

  • 11b · Fees: legal

    total $19,124

  • 11c · Fees: accounting

    total $50,879

  • 11f · Fees: investment management

    total $32,525

  • 11g · Fees: other

    total $2,635,278

  • 12 · Advertising and promotion

    total $97,741

  • 13 · Office expenses

    total $96,430

  • 14 · Information technology

    total $816,133

  • 16 · Occupancy

    total $152,140

  • 17 · Travel

    total $411,340

  • 19 · Conferences, conventions and meetings

    total $2,530,237

  • 20 · Interest

    total $25,938

  • 22 · Depreciation, depletion and amortization

    total $282,856

  • 23 · Insurance

    total $40,683

  • 24a · Other expenses: GPJ PRINTING & SHIPPING

    total $237,448

  • 24b · Other expenses: BANK AND CREDIT CARD FE

    total $86,102

  • 24c · Other expenses: PROGRAM SVC PRINT & POS

    total $85,594

  • 24d · Other expenses: ALLOCATED OVERHEAD

    total -$363,435

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $672,403 · end of year $2,716,484

  • 2 · Savings and temporary cash investments

    beginning of year $1,480,356 · end of year $614,484

  • 4 · Accounts receivable

    beginning of year $1,205,205 · end of year $653,966

  • 9 · Prepaid expenses and deferred charges

    beginning of year $586,823 · end of year $439,057

  • 10a · Land, buildings and equipment: cost or other basis

    $11,750,888

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,206,070

  • 10c · Land, buildings and equipment, net

    beginning of year $8,765,927 · end of year $8,544,818

  • 11 · Investments: publicly traded securities

    beginning of year $5,695,408 · end of year $6,137,751

  • 15 · Other assets

    beginning of year $1,951,308 · end of year $2,068,515

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,189,231 · end of year $1,081,745

  • 19 · Deferred revenue

    beginning of year $4,346,396 · end of year $5,245,087

  • 23 · Secured mortgages and notes payable

    beginning of year $835,114 · end of year $588,628

  • 25 · Other liabilities

    beginning of year $502,336 · end of year $576,430

  • 27 · Net assets without donor restrictions

    beginning of year $13,484,353 · end of year $13,683,185

Listed in Part VII

  • ALKA ATAL-BARRIO MD FAAP MMM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LARRY TATUM MD

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1

  • MARY JO WILLIAMSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • DANIEL M DUNCANSON MD CPE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ED CURTIS CMPE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRAIN HARTE MD MHM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ARIC SHARP MHA CMPE FACHE

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LUIS GARCIA MD MBA FACS FASMBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHERINE FLYNN HENRY JD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEITH JONES MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BETH AVERBECK MD FACP

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • J STEPHEN JONES MD

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT BARLOW MBA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JACOB J BAST MHA FACMPE FACHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARIJKA GREY MD MBA FACP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PHILIP M ORAVETZ MD MPH MBA

    AT-LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL A ROSSI MD MBA FACC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ADNAN R MUNKARAH MD CPE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELISABETH M STAMBAUGH MD MMM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LETESHA MONTGOMERY RN MHA FACHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TODD C SMITH MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JERROLD PENSO MD MBA

    PRESIDENT & CEO

    Total calculated
    $924,150
    From this org
    $768,708
    From related orgs
    $7,907
    Other
    $147,535
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $624,557 + $7,907 related
    Bonus
    $72,600
    Other
    $71,551
    Deferred
    $90,405
    Nontaxable benefits
    $57,130
    Filer's total
    $916,243 + $7,907 related

  • CARRIE HANLON

    CFO

    Total calculated
    $300,198
    From this org
    $269,253
    From related orgs
    $0
    Other
    $30,945
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,353
    Bonus
    $30,900
    Other
    $0
    Deferred
    $14,007
    Nontaxable benefits
    $16,938
    Filer's total
    $300,198

  • RYAN O'CONNOR

    COO

    Total calculated
    $474,803
    From this org
    $401,358
    From related orgs
    $0
    Other
    $73,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $310,924
    Bonus
    $54,600
    Other
    $35,834
    Deferred
    $57,985
    Nontaxable benefits
    $15,460
    Filer's total
    $474,803

  • CHESTER SPEED

    VP PUBLIC POLICY

    Total calculated
    $553,545
    From this org
    $466,682
    From related orgs
    $0
    Other
    $86,863
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $355,501
    Bonus
    $66,300
    Other
    $44,881
    Deferred
    $62,115
    Nontaxable benefits
    $24,748
    Filer's total
    $553,545

  • ELIZABETH CIEMINS

    EMPLOYEE

    Total calculated
    $397,957
    From this org
    $344,319
    From related orgs
    $0
    Other
    $53,638
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $302,519
    Bonus
    $41,800
    Other
    $0
    Deferred
    $25,875
    Nontaxable benefits
    $27,763
    Filer's total
    $397,957

  • SHARON GRACE

    CHIEF MKTG & COMM OFFICER

    Total calculated
    $396,103
    From this org
    $307,035
    From related orgs
    $0
    Other
    $89,068
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,841
    Bonus
    $47,300
    Other
    $23,894
    Deferred
    $48,182
    Nontaxable benefits
    $40,886
    Filer's total
    $396,103

  • JOHN KENNEDY

    EMPLOYEE

    Total calculated
    $611,006
    From this org
    $153,095
    From related orgs
    $339,878
    Other
    $118,033
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $118,908 + $263,979 related
    Bonus
    $22,297 + $49,503 related
    Other
    $11,890 + $26,396 related
    Deferred
    $66,735
    Nontaxable benefits
    $51,298
    Filer's total
    $271,128 + $339,878 related

  • WILLIAM BARON

    EMPLOYEE

    Total calculated
    $276,301
    From this org
    $222,819
    From related orgs
    $0
    Other
    $53,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,660
    Bonus
    $31,300
    Other
    $20,859
    Deferred
    $34,854
    Nontaxable benefits
    $18,628
    Filer's total
    $276,301

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • AMGA FOUNDATION INC

    501(C)(3) · EDUCATION AND RESEARCH · DC · controlled entity

    Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AMGA CONSULTING LLC

    RELATED · CONSULTING · VA · 95% owned · share of income $225,803 · share of assets $2,460,950 · general or managing partner

    Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AMGA CORPORATION

    C · INACTIVE - HOLDS INVESTMENT · VA · 100% owned · share of income $11,884 · share of assets $91,284 · controlled entity

    Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543189349306614

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