Form 990 for tax year 2022
Filed by ASSOCIATION FOR THE ADVANCEMENT OF MEDICAL INSTRUMENTATION INC.
Totals
- Total revenue
- $20,159,735
- Total expenses
- $17,428,949
- Contributions and grants received
- $0
- Grants paid
- $14,939
- Program service revenue
- $19,288,892
- Investment income
- $655,867
- Other revenue
- $214,976
- Total assets, end of year
- $37,796,949
- Total liabilities, end of year
- $16,019,496
- Net assets or fund balances, end of year
- $21,777,453
- 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.
-
2a · Program service revenue: EDUCATION
total $8,595,398 · related or exempt $8,595,398
-
2b · Program service revenue: MEMBERSHIP DUES
total $6,899,136 · related or exempt $6,899,136
-
2c · Program service revenue: STANDARDS
total $3,715,719 · related or exempt $3,715,719
-
2d · Program service revenue: COMMUNICATIONS
total $78,639 · related or exempt $12,900 · unrelated business $65,739
-
3 · Investment income
total $655,867 · excluded $655,867
-
11a · Other revenue: OTHER INCOME
total $214,976 · excluded $214,976
-
11e · Other revenue, total
$214,976
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,939
-
5 · Compensation of officers, directors and key employees
total $1,170,451
-
7 · Other salaries and wages
total $6,451,582
-
8 · Pension plan contributions
total $517,264
-
9 · Other employee benefits
total $547,390
-
10 · Payroll taxes
total $466,612
-
11b · Fees: legal
total $121,323
-
11c · Fees: accounting
total $67,969
-
11f · Fees: investment management
total $45,834
-
11g · Fees: other
total $725,334
-
12 · Advertising and promotion
total $71,207
-
13 · Office expenses
total $173,224
-
14 · Information technology
total $1,244,056
-
15 · Royalties
total $206,622
-
16 · Occupancy
total $1,034,717
-
17 · Travel
total $389,093
-
19 · Conferences, conventions and meetings
total $1,105,934
-
22 · Depreciation, depletion and amortization
total $964,907
-
23 · Insurance
total $148,384
-
24a · Other expenses: HONORARIA
total $1,074,286
-
24b · Other expenses: TAXES, FEES, AND LICENS
total $287,664
-
24c · Other expenses: CERTIFICATION
total $249,917
-
24d · Other expenses: SURVEY & PUBLICATIONS
total $173,579
-
24e · All other expenses
total $176,661
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,411,172 · end of year $5,303,417
-
2 · Savings and temporary cash investments
beginning of year $5,838,338 · end of year $11,031,601
-
4 · Accounts receivable
beginning of year $2,367,057 · end of year $1,982,038
-
9 · Prepaid expenses and deferred charges
beginning of year $808,405 · end of year $674,790
-
10a · Land, buildings and equipment: cost or other basis
$6,886,059
-
10b · Land, buildings and equipment: accumulated depreciation
$3,910,926
-
10c · Land, buildings and equipment, net
beginning of year $3,687,221 · end of year $2,975,133
-
11 · Investments: publicly traded securities
beginning of year $9,316,655 · end of year $10,244,561
-
15 · Other assets
beginning of year $390,556 · end of year $5,585,409
-
17 · Accounts payable and accrued expenses
beginning of year $2,106,073 · end of year $2,989,280
-
19 · Deferred revenue
beginning of year $5,191,113 · end of year $4,616,737
-
25 · Other liabilities
beginning of year $3,489,369 · end of year $8,413,479
-
27 · Net assets without donor restrictions
beginning of year $18,032,849 · end of year $21,777,453
Mission and programs · 2022
Mission
TO PROVIDE GLOBAL MULTIDISCIPLINARY LEADERSHIP AND PROGRAMS THAT ENHANCE THE GOALS AND CAPABILITIES OF THE PROFESSIONS, HEALTHCARE INSTITUTIONS, GOVERNMENT, INDUSTRY, AND OTHER INSTITUTIONS THAT RELATE TO THE DELIVERY, DEVELOPMENT, MANAGEMENT, USE, AND OTHER ASPECTS OF SAFE AND EFFECTIVE MEDICAL INSTRUMENTATION AND RELATED TECHNOLOGIES.
Activities or mission (Part I)
DEDICATED TO INCREASING THE UNDERSTANDING, SAFETY, AND EFFICACY OF MEDICAL INSTRUMENTATION.
-
THE EDUCATION PROGRAM DELIVERS QUALITY PRODUCTS AND SERVICES ON REGULATORY REQUIREMENTS, INTERNATIONAL STANDARDS, AND RECOMMENDED PRACTICES THAT PROVIDE A VENUE FOR THE UNDERSTANDING AND RESOLUTION OF CRITICAL ISSUES FACING THE HEALTHCARE TECHNOLOGY COMMUNITY. INCLUDED IN THIS PROGRAM SERVICE ARE EDUCATION AND INFORMATION SERVICES THAT INCREASE THE MEDICAL INDUSTRY'S UNDERSTANDING OF GOVERNMENT REGULATIONS, INTERNATIONAL STANDARDS, AND INDUSTRY PRACTICES. THE ANNUAL CONFERENCE OFFERS TIMELY, PRACTICAL, AND INNOVATIVE EDUCATIONAL OPPORTUNITIES FOR PROFESSIONALS WORKING IN THE CLINICAL SETTING AND INVOLVED WITH OR INTERESTED IN HEALTHCARE TECHNOLOGY SUPPORT AND MANAGEMENT.
-
THE STANDARDS PROGRAM PRODUCES NATIONAL AND INTERNATIONAL CONSENSUS STANDARDS THAT CONTRIBUTE TO IMPROVED PATIENT CARE AND SAFETY BY PROVIDING INDUSTRY AND CLINICIANS WITH INFORMATION AND GUIDANCE ON MANUFACTURING, PROCESSING, USING, AND MAINTAINING MEDICAL DEVICES.
-
THE COMMUNICATIONS PROGRAM PROVIDES TIMELY AND PRACTICAL INFORMATION TO ALL AAMI MEMBERS AND SEEKS TO IMPROVE OUTREACH TO LOCAL BIOMEDICAL ASSOCIATIONS, CLINICIANS, AND OTHER MEDICAL TECHNOLOGY PROFESSIONALS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Janet PrustJANET PRUST
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Walt RosebroughWALT ROSEBROUGH
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Heidi Horn Ma AamifHEIDI HORN MA AAMIF
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Steven J Yelton PESTEVEN J YELTON PE
IMMEDIATE PAST-CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Barrett FranklinBARRETT FRANKLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian BarryBRIAN BARRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Diane Wurzburger JD RacDIANE WURZBURGER JD RAC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth F ClaverieELIZABETH F CLAVERIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
F Mike BusdickerF MIKE BUSDICKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gerald McDonnellGERALD MCDONNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Herman McKenzie MBA ChspHERMAN MCKENZIE MBA CHSP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kurt A FinkeKURT A FINKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Larry HertzlerLARRY HERTZLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Linda RuizLINDA RUIZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael Appel MDMICHAEL APPEL MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael McNeilMICHAEL MCNEIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Priyanka UpendraPRIYANKA UPENDRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ralph BasileRALPH BASILE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Samantha Jacques PhD Fache AamifSAMANTHA JACQUES PHD FACHE AAMIF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Pamela AroraPAMELA ARORA
CEO
- Total calculated
- $494,804
- From this org
- $445,883
- From related orgs
- $25,120
- Other
- $23,801
- Hours/week
- 35.5 + 2 related
Schedule J breakdown matched by us
- Base
- $362,282 + $20,410 related
- Bonus
- $0
- Other
- $83,601 + $4,710 related
- Deferred
- $19,407 + $1,093 related
- Nontaxable benefits
- $3,125 + $176 related
- Filer's total
- $468,415 + $26,389 related
-
Stephen CampbellSTEPHEN CAMPBELL
ACTING CEO (THRU 3/2022), COO
- Total calculated
- $596,205
- From this org
- $448,899
- From related orgs
- $78,803
- Other
- $68,503
- Hours/week
- 31.9 + 5.6 related
Schedule J breakdown matched by us
- Base
- $271,960 + $47,742 related
- Bonus
- $176,939 + $31,061 related
- Other
- $0
- Deferred
- $43,273 + $7,596 related
- Nontaxable benefits
- $15,001 + $2,633 related
- Filer's total
- $507,173 + $89,032 related
-
Ann DaileyANN DAILEY
ACTING HEAD OF FINANCE
- Total calculated
- $169,164
- From this org
- $148,611
- From related orgs
- $0
- Other
- $20,553
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $120,111
- Bonus
- $28,500
- Other
- $0
- Deferred
- $16,779
- Nontaxable benefits
- $3,774
- Filer's total
- $169,164
-
Robert BurroughsROBERT BURROUGHS
SENIOR VP
- Total calculated
- $393,187
- From this org
- $327,333
- From related orgs
- $0
- Other
- $65,854
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $222,333
- Bonus
- $105,000
- Other
- $0
- Deferred
- $40,619
- Nontaxable benefits
- $25,235
- Filer's total
- $393,187
-
Stephanie RizkSTEPHANIE RIZK
VP
- Total calculated
- $255,238
- From this org
- $211,049
- From related orgs
- $0
- Other
- $44,189
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $187,049
- Bonus
- $24,000
- Other
- $0
- Deferred
- $26,150
- Nontaxable benefits
- $18,039
- Filer's total
- $255,238
-
Joseph LewellingJOSEPH LEWELLING
VP
- Total calculated
- $256,921
- From this org
- $203,334
- From related orgs
- $0
- Other
- $53,587
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $187,334
- Bonus
- $16,000
- Other
- $0
- Deferred
- $24,962
- Nontaxable benefits
- $28,625
- Filer's total
- $256,921
-
Amanda BenedictAMANDA BENEDICT
VP
- Total calculated
- $236,017
- From this org
- $201,233
- From related orgs
- $0
- Other
- $34,784
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $171,233
- Bonus
- $30,000
- Other
- $0
- Deferred
- $24,721
- Nontaxable benefits
- $10,063
- Filer's total
- $236,017
-
Sherrie SchulteSHERRIE SCHULTE
VP
- Total calculated
- $244,526
- From this org
- $198,063
- From related orgs
- $0
- Other
- $46,463
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $168,063
- Bonus
- $30,000
- Other
- $0
- Deferred
- $24,151
- Nontaxable benefits
- $22,312
- Filer's total
- $244,526
-
John SloanJOHN SLOAN
VP
- Total calculated
- $207,192
- From this org
- $190,040
- From related orgs
- $0
- Other
- $17,152
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $185,040
- Bonus
- $5,000
- Other
- $0
- Deferred
- $4,626
- Nontaxable benefits
- $12,526
- Filer's total
- $207,192
-
Sarah BulverSARAH BULVER
FORMER OFFICER (CFO)
- Total calculated
- $127,790
- From this org
- $115,406
- From related orgs
- $0
- Other
- $12,384
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $17,084
- Bonus
- $20,000
- Other
- $78,322
- Deferred
- $4,707
- Nontaxable benefits
- $7,677
- Filer's total
- $127,790
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 survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 4A
- SARAH BULVER, SEVERANCE: $68,335
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
No itemized grants to organizations 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.
-
501(C)(3) · ADVANCEMENT IN THE FIELD OF MEDICAL INSTRUMENTATION · VA · controlled entity
Directly controlled by AAMI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202402279349302325
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.