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Nonprofiteer
← AMERICAN MEDICAL ASSOCIATION

Form 990 for tax year 2024

Filed by AMERICAN MEDICAL ASSOCIATION.

Totals

Total revenue
$546,239,123
Total expenses
$426,572,778
Contributions and grants received
$37,263,338
Grants paid
$8,605,592
Program service revenue
$87,147,125
Investment income
$92,690,467
Other revenue
$329,138,193
Total assets, end of year
$1,478,782,477
Total liabilities, end of year
$328,027,325
Net assets or fund balances, end of year
$1,150,755,152
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

    $33,154,972

  • 1e · Government grants (contributions)

    $2,477,912

  • 1f · All other contributions, gifts and grants

    $1,630,454

  • 2a · Program service revenue: SUBSCRIPTION

    total $40,480,523 · related or exempt $40,480,523

  • 2b · Program service revenue: CREDENTIALING

    total $15,421,095 · related or exempt $15,421,095

  • 2c · Program service revenue: REPRINT/OPENACCESS FEE

    total $12,761,887 · related or exempt $12,761,887

  • 2d · Program service revenue: EDUCATIONAL PROD. REV.

    total $9,187,424 · related or exempt $9,187,424

  • 2e · Program service revenue: GENERIC DRUG NAMES

    total $4,701,000 · related or exempt $4,701,000

  • 2f · All other program service revenue

    total $4,595,196 · related or exempt $4,595,196

  • 3 · Investment income

    total $22,848,048 · excluded $22,848,048

  • 5 · Royalties

    total $301,440,074 · excluded $301,440,074

  • 6a · Gross rents

    real property $436,266

  • 6b · Less rental expenses

    real property $436,266

  • 6c · Rental income or loss

    real property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $1,187,762,658

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

    securities $1,117,910,206 · other assets $10,033

  • 7c · Gain or loss

    securities $69,852,452 · other assets -$10,033

  • 7d · Net gain or loss

    total $69,842,419 · excluded $69,842,419

  • 10a · Gross sales of inventory

    $20,482,488

  • 10b · Cost of goods sold

    $3,867,292

  • 10c · Net income from sales of inventory

    total $16,615,196 · related or exempt $16,615,196

  • 11a · Other revenue: ADVERTISING

    total $8,584,664 · unrelated business $8,584,664

  • 11b · Other revenue: REBATE INCOME

    total $871,198 · unrelated business $871,198

  • 11c · Other revenue: SUBSIDIARY SERVICE FEE

    total $812,194 · related or exempt $812,194

  • 11d · All other revenue

    total $814,867 · related or exempt $359,529 · unrelated business $332,625 · excluded $122,713

  • 11e · Other revenue, total

    $11,082,923

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,605,592

  • 5 · Compensation of officers, directors and key employees

    total $11,001,552

  • 7 · Other salaries and wages

    total $199,837,063

  • 8 · Pension plan contributions

    total $9,025,599

  • 9 · Other employee benefits

    total $25,984,225

  • 10 · Payroll taxes

    total $12,665,103

  • 11b · Fees: legal

    total $1,380,251

  • 11c · Fees: accounting

    total $383,920

  • 11f · Fees: investment management

    total $120,250

  • 11g · Fees: other

    total $31,719,492

  • 12 · Advertising and promotion

    total $14,906,538

  • 13 · Office expenses

    total $2,574,542

  • 14 · Information technology

    total $25,236,666

  • 15 · Royalties

    total $80,641

  • 16 · Occupancy

    total $15,414,924

  • 17 · Travel

    total $9,701,177

  • 19 · Conferences, conventions and meetings

    total $9,677,971

  • 22 · Depreciation, depletion and amortization

    total $8,872,860

  • 23 · Insurance

    total $950,865

  • 24a · Other expenses: PUBLICATION COSTS

    total $15,325,287

  • 24b · Other expenses: MEMBERSHIP SOLICITATION

    total $9,468,877

  • 24c · Other expenses: SUBSCRIPTIONS

    total $2,237,318

  • 24d · Other expenses: EMPL.RECRUIT/AGENCY FEE

    total $1,874,121

  • 24e · All other expenses

    total $9,527,944

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,444,476 · end of year $3,019,636

  • 2 · Savings and temporary cash investments

    beginning of year $2,388,539 · end of year $19,892,815

  • 4 · Accounts receivable

    beginning of year $100,629,497 · end of year $106,973,164

  • 8 · Inventories for sale or use

    beginning of year $2,068,836 · end of year $1,740,820

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,744,384 · end of year $11,107,702

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

    $155,189,910

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

    $134,173,431

  • 10c · Land, buildings and equipment, net

    beginning of year $22,931,603 · end of year $21,016,479

  • 11 · Investments: publicly traded securities

    beginning of year $978,994,181 · end of year $1,065,178,844

  • 15 · Other assets

    beginning of year $244,946,133 · end of year $249,853,017

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,826,099 · end of year $66,753,242

  • 19 · Deferred revenue

    beginning of year $74,987,513 · end of year $69,858,637

  • 25 · Other liabilities

    beginning of year $210,907,156 · end of year $191,415,446

  • 27 · Net assets without donor restrictions

    beginning of year $1,023,416,292 · end of year $1,150,647,788

  • 28 · Net assets with donor restrictions

    beginning of year $10,589 · end of year $107,364

Mission and programs · 2024

Mission

TO FURTHER THE INTERESTS OF THE MEDICAL PROFESSION BY PROMOTING THE ART AND SCIENCE OF MEDICINE AND THE BETTERMENT OF PUBLIC HEALTH.

Activities or mission (Part I)

SEE SCHEDULE O.

  • SCIENTIFIC PUBLICATIONS - THE AMA PUBLISHED THE JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION, JAMA NETWORK OPEN, AND 11 SPECIALTY JOURNALS. THESE JOURNALS ARE DISTRIBUTED WORLDWIDE TO INDIVIDUAL RECIPIENTS IN PRINT AND TO MORE THAN 2,990 INSTITUTIONS THROUGH ONLINE ACCESS. THE JOURNALS INCLUDED DEFINITIVE, PEER REVIEWED CLINICAL AND INVESTIGATIVE REPORTS SPANNING MAJOR MEDICAL DISCIPLINES TO SUPPORT INFORMED CLINICAL DECISION-MAKING AND TO ENABLE PHYSICIANS TO REMAIN CURRENT PROFESSIONALLY.

  • THE AMA IS COMMITTED TO SEEKING CHANGE IN THE FEDERAL AND STATE LEGISLATIVE/REGULATORY ENVIRONMENTS TO PROTECT THE NEEDS OF PATIENTS AND ENABLE PHYSICIANS TO PROVIDE OPTIMAL CARE. PREDOMINANT AREAS OF FOCUS ARE SEEKING MEDICARE PAYMENT REFORM; ELIMINATING PRACTICE BARRIERS; PROMOTING PHYSICIAN-LED TEAM-BASED CARE; INCREASING PHYSICIAN WELLNESS; REDUCING HEALTH CARE DISPARITIES; AND ADVOCATING FOR PUBLIC HEALTH MEASURES.

  • THE AMA IS RESPONSIBLE FOR THE DEVELOPMENT AND SALES OF MEDICAL INFORMATION BOOKS AND DIGITAL CONTENT DESIGNED TO MEET THE NEEDS OF MEMBERS, POTENTIAL MEMBERS, CONSUMERS, AND OTHERS. THIS INCLUDES MEDICAL PRACTICE INFORMATION AND ETHICS TEXTS, CURRENT PROCEDURAL TERMINOLOGY AND OTHER MEDICAL CODING TEXTS, AS WELL AS MANY OTHER RELEVANT TOPICS FOR THE MEDICAL PROFESSION.

  • I. IMPROVING HEALTH OUTCOMES, QUALITY OF CARE AND PUBLIC HEALTHII. ACCELERATING CHANGE IN MEDICAL EDUCATION. ADVANCING IMPROVEMENTS IN UNDERGRADUATE MEDICAL EDUCATION AND GRADUATE MEDICAL EDUCATION, HEALTH SYSTEM SCIENCE.III. IMPROVING PROFESSIONAL SATISFACTION AND PRACTICE SUSTAINABILITY FOR PHYSICIANS IN ALL PRACTICE TYPESIV. PROFESSIONALISM AND ETHICSV. UNDERGRADUATE, GRADUATE AND CONTINUING MEDICAL EDUCATION POLICY & RESEARCHVI. SCIENCE, RESEARCH & TECHNOLOGYVII. POLITICAL EDUCATIONVIII. JUDICIAL ADVOCACYIX. INTERNATIONAL MEDICINEX. HEALTH POLICY RESEARCH & DEVELOPMENTXI. MEDICAL PRACTICE BOOKS AND CONTENTXII. STRENGTHENING, AMPLIFYING, AND SUSTAINING AMA'S WORK TO IMPROVING HEALTH OUTCOMES AND CLOSING DISPARITY GAPSXIII. INTEREST GROUP RESEARCH AND SUPPORT FOR MEDICAL STUDENTS, RESIDENTS AND FELLOWS; YOUNG PHYSICIANS; WOMEN PHYSICIANS; SENIOR PHYSICIANS; INTEGRATED PHYSICIAN PRACTICES; ORGANIZED MEDICAL STAFF; ACADEMIC PHYSICIANS; PRIVATE PRACTICE PHYSICIANS; INTERNATIONAL MEDICAL GRADUATES; MINORITY AFFAIRS; LGBTQ+ ISSUES

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David H Aizuss MD

    TRUSTEE/CHAIR-ELECT

    Total calculated
    $139,315
    From this org
    $139,315
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Toluwalase A Ajayi MD

    TRUSTEE

    Total calculated
    $80,300
    From this org
    $73,600
    From related orgs
    $0
    Other
    $6,700
    Hours/week
    10

  • John H Armstrong MD

    HOD VICE SPEAKER

    Total calculated
    $78,003
    From this org
    $78,003
    From related orgs
    $0
    Other
    $0
    Hours/week
    11

  • Geralyn R Breig

    PUBLIC TRUSTEE (BEG. JULY 2024)

    Total calculated
    $34,292
    From this org
    $34,292
    From related orgs
    $0
    Other
    $0
    Hours/week
    7

  • Madelyn E Butler MD

    TRUSTEE

    Total calculated
    $83,850
    From this org
    $83,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    9

  • Alexander Ding MD

    TRUSTEE

    Total calculated
    $87,010
    From this org
    $87,010
    From related orgs
    $0
    Other
    $0
    Hours/week
    11

  • Willarda V Edwards MD

    TRUSTEE (THRU JUNE 2024)

    Total calculated
    $89,847
    From this org
    $78,597
    From related orgs
    $0
    Other
    $11,250
    Hours/week
    10

  • Lisa Bohman Egbert MD

    HOD SPEAKER

    Total calculated
    $119,698
    From this org
    $96,698
    From related orgs
    $0
    Other
    $23,000
    Hours/week
    18

  • Jesse M Ehrenfeld MD

    PRESIDENT/PAST PRESIDENT

    Total calculated
    $292,910
    From this org
    $292,910
    From related orgs
    $0
    Other
    $0
    Hours/week
    27

    Schedule J breakdown matched by us

    Base
    $290,410
    Bonus
    $0
    Other
    $2,500
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $292,910

  • E Scott Ferguson MD

    TRUSTEE

    Total calculated
    $91,966
    From this org
    $68,966
    From related orgs
    $0
    Other
    $23,000
    Hours/week
    10

  • Sandra Adamson Fryhofer MD

    PAST CHAIR/TRUSTEE

    Total calculated
    $113,622
    From this org
    $113,622
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Melissa J Garretson MD

    TRUSTEE (BEG. JULY 2024)

    Total calculated
    $39,475
    From this org
    $39,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    9

  • Lynn Jeffers MD

    TRUSTEE (BEG. JULY 2024)

    Total calculated
    $38,075
    From this org
    $38,075
    From related orgs
    $0
    Other
    $0
    Hours/week
    9

  • Marilyn J Heine MD

    TRUSTEE

    Total calculated
    $78,950
    From this org
    $78,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Pratistha Koirala MD

    RESIDENT TRUSTEE

    Total calculated
    $72,650
    From this org
    $72,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • Ilse R Levin Do

    TRUSTEE

    Total calculated
    $81,750
    From this org
    $81,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Thomas J Madejski MD

    TRUSTEE (THRU JUNE 2024)

    Total calculated
    $47,288
    From this org
    $35,788
    From related orgs
    $0
    Other
    $11,500
    Hours/week
    12

  • Bobby Mukkamala MD

    TRUSTEE/PRESIDENT-ELECT

    Total calculated
    $199,333
    From this org
    $176,333
    From related orgs
    $0
    Other
    $23,000
    Hours/week
    15

    Schedule J breakdown matched by us

    Base
    $172,630
    Bonus
    $0
    Other
    $3,703
    Deferred
    $23,000
    Nontaxable benefits
    $0
    Filer's total
    $199,333

  • Harris Pastides PhD

    PUBLIC TRUSTEE (THRU JUNE 2024)

    Total calculated
    $33,500
    From this org
    $33,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • Jack Resneck Jr MD

    PAST PRESIDENT (THRU JUNE 2024)

    Total calculated
    $144,980
    From this org
    $144,980
    From related orgs
    $0
    Other
    $0
    Hours/week
    19

  • Bruce A Scott MD

    PRESIDENT-ELECT/PRESIDENT

    Total calculated
    $301,913
    From this org
    $279,413
    From related orgs
    $0
    Other
    $22,500
    Hours/week
    25

    Schedule J breakdown matched by us

    Base
    $269,413
    Bonus
    $0
    Other
    $10,000
    Deferred
    $22,500
    Nontaxable benefits
    $0
    Filer's total
    $301,913

  • Aliya Siddiqui

    STUDENT TRUSTEE

    Total calculated
    $98,766
    From this org
    $92,066
    From related orgs
    $0
    Other
    $6,700
    Hours/week
    14

  • Michael Suk MD

    CHAIR-ELECT/CHAIR

    Total calculated
    $246,683
    From this org
    $224,183
    From related orgs
    $0
    Other
    $22,500
    Hours/week
    18

    Schedule J breakdown matched by us

    Base
    $224,183
    Bonus
    $0
    Other
    $0
    Deferred
    $22,500
    Nontaxable benefits
    $0
    Filer's total
    $246,683

  • Willie Underwood III MD

    CHAIR/PAST CHAIR

    Total calculated
    $219,915
    From this org
    $219,915
    From related orgs
    $0
    Other
    $0
    Hours/week
    23

    Schedule J breakdown matched by us

    Base
    $217,040
    Bonus
    $0
    Other
    $2,875
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $219,915

  • David J Welsh MD

    TRUSTEE (BEG. JULY 2024)

    Total calculated
    $40,875
    From this org
    $40,875
    From related orgs
    $0
    Other
    $0
    Hours/week
    11

  • James L Madara MD

    EVP & CEO

    Total calculated
    $3,062,109
    From this org
    $2,905,096
    From related orgs
    $0
    Other
    $157,013
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,397,409
    Bonus
    $1,262,299
    Other
    $245,388
    Deferred
    $20,700
    Nontaxable benefits
    $136,313
    Filer's total
    $3,062,109

  • Denise M Hagerty

    SVP & CHIEF FINANCIAL OFFICER

    Total calculated
    $1,097,680
    From this org
    $1,055,118
    From related orgs
    $0
    Other
    $42,562
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $649,957
    Bonus
    $378,857
    Other
    $26,304
    Deferred
    $20,700
    Nontaxable benefits
    $21,862
    Filer's total
    $1,097,680

  • Thomas J Easley

    SVP & CHIEF MISSION OFFICER

    Total calculated
    $1,386,563
    From this org
    $1,348,994
    From related orgs
    $0
    Other
    $37,569
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $772,843
    Bonus
    $562,407
    Other
    $13,744
    Deferred
    $20,700
    Nontaxable benefits
    $16,869
    Filer's total
    $1,386,563

  • Jon L Giacomin

    SVP & CHIEF OPERATING OFFICER

    Total calculated
    $1,488,959
    From this org
    $1,429,073
    From related orgs
    $0
    Other
    $59,886
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $793,729
    Bonus
    $628,900
    Other
    $6,444
    Deferred
    $20,700
    Nontaxable benefits
    $39,186
    Filer's total
    $1,488,959

  • Todd D Unger

    SVP & CHIEF EXPERIENCE OFFICER

    Total calculated
    $1,111,277
    From this org
    $1,038,151
    From related orgs
    $0
    Other
    $73,126
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $645,287
    Bonus
    $377,536
    Other
    $15,328
    Deferred
    $20,700
    Nontaxable benefits
    $52,426
    Filer's total
    $1,111,277

  • Kenneth J Sharigian

    SVP & CHIEF STRATEGY OFFICER

    Total calculated
    $1,645,705
    From this org
    $1,604,676
    From related orgs
    $0
    Other
    $41,029
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $895,763
    Bonus
    $679,209
    Other
    $29,704
    Deferred
    $20,700
    Nontaxable benefits
    $20,329
    Filer's total
    $1,645,705

  • Kirsten Bibbins-Domingo MD

    SVP & EDITOR IN CHIEF, JAMA NW

    Total calculated
    $1,092,520
    From this org
    $1,035,547
    From related orgs
    $0
    Other
    $56,973
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,019,597
    Bonus
    $0
    Other
    $15,950
    Deferred
    $20,700
    Nontaxable benefits
    $36,273
    Filer's total
    $1,092,520

  • Karen A Maybank MD

    SVP & CHIEF HLTH EQUITY OFFICER

    Total calculated
    $3,484,519
    From this org
    $917,144
    From related orgs
    $0
    Other
    $2,567,375
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $576,898
    Bonus
    $337,929
    Other
    $2,317
    Deferred
    $2,550,608
    Nontaxable benefits
    $16,767
    Filer's total
    $3,484,519

  • Andra Heller

    SVP & GENERAL COUNSEL

    Total calculated
    $1,016,834
    From this org
    $958,295
    From related orgs
    $0
    Other
    $58,539
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $599,202
    Bonus
    $355,989
    Other
    $3,104
    Deferred
    $20,700
    Nontaxable benefits
    $37,839
    Filer's total
    $1,016,834

  • Lori A Prestesater

    SVP HEALTH SOLUTIONS

    Total calculated
    $1,026,722
    From this org
    $940,621
    From related orgs
    $0
    Other
    $86,101
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $603,140
    Bonus
    $332,497
    Other
    $4,984
    Deferred
    $20,700
    Nontaxable benefits
    $65,401
    Filer's total
    $1,026,722

  • Albert T Osbahr MD

    FORMER TRUSTEE

    Total calculated
    $21,976
    From this org
    $21,976
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $21,976
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $21,976

  • William E Kobler MD

    FORMER TRUSTEE

    Total calculated
    $18,778
    From this org
    $18,778
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $18,778
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $18,778

  • Russell Wh Kridel MD

    FORMER TRUSTEE

    Total calculated
    $13,845
    From this org
    $13,845
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $13,845
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $13,845

  • Gerald E Harmon MD

    FORMER TRUSTEE

    Total calculated
    $17,363
    From this org
    $17,363
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $17,363
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $17,363

  • Howard C Bauchner MD

    FORMER SVP/EDITOR IN CHIEF, JAMA NW

    Total calculated
    $543,875
    From this org
    $543,875
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $543,875
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $543,875

  • Thomas C Giannulli MD

    FORMER SVP/CHIEF MED INFO OFFICER

    Total calculated
    $674,564
    From this org
    $0
    From related orgs
    $674,564
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $674,564 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $674,564 related

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

  • 1a · First-class or charter travel
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
ALL EXECUTIVES ARE REIMBURSED FOR HEALTH CLUB DUES WHICH ARE REPORTED AS COMPENSATION TO THE INDIVIDUAL, TO THE EXTENT REIMBURSED. IN RARE INSTANCES FOR MEMBERS OF THE BOARD, IT IS RECOGNIZED THAT SHORT NOTICE ASSIGNMENTS MAY REQUIRE FIRST CLASS TRAVEL BECAUSE OF THE LACK OF AVAILABILITY OF COACH SEATING. THE PRESIDENTS (PRESIDENT, IMMEDIATE PAST PRESIDENT AND PRESIDENT ELECT) WILL EACH HAVE ACCESS TO AN INDIVIDUAL $5,000 TERM ALLOWANCE (JULY 1 TO JUNE 30) AND ALL OTHER OFFICERS WILL EACH HAVE ACCESS TO $2,500 TERM ALLOWANCE (JULY 1 TO JUNE 30) TO USE FOR UPGRADES AS EACH DEEMS APPROPRIATE, TYPICALLY WHEN TRAVELING ON AN AIRLINE WITH NON-PREFERRED STATUS. BUSINESS CLASS AIRFARE IS AUTHORIZED FOR FOREIGN TRAVEL ON AMA BUSINESS. THE CEO MAY UPGRADE TO THE LESSER OF FIRST CLASS OR BUSINESS CLASS TRAVEL FOR FLIGHTS OF THREE (3) HOURS OR MORE.
PART I, LINE 4A:
PAYMENTS MADE TO THE FOLLOWING INDIVIDUALS IN COLUMN B(III) WERE PREVIOUSLY REPORTED ON PRIOR YEARS' FORM 990 AS DEFERRED COMPENSATION. THESE PAYMENTS WERE MADE PURSUANT TO A VOLUNTARY SEPARATION AGREEMENT ENTERED INTO BY THE EMPLOYEES AND THE ORGANIZATION IN PRIOR YEARS: HOWARD C. BAUCHNER, M.D. $512,130 THOMAS C. GIANNULLI, M.D. $674,564 CONTRACTUAL SEPARATION PAYMENTS WERE ACCRUED FOR THE FOLLOWING INDIVIDUAL DURING THE YEAR UNDER A VOLUNTARY SEPARATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION AND ARE INCLUDED IN COLUMN C: KAREN A. MAYBANK, M.D. $2,531,546
PART I, LINE 4B:
THE AMA HAS A DEFERRED COMPENSATION PLAN AS DEFINED IN SECTION 457(B) OF THE INTERNAL REVENUE CODE WHICH IS AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT OF THE AMA. UNDER THIS PLAN, INDIVIDUALS MAY DEFER UP TO THE ANNUAL AMOUNT PERMITTED BY THE INTERNAL REVENUE CODE. THE AMA MAKES NO CONTRIBUTIONS TO THIS PLAN. CONTRIBUTIONS BY THE PARTICIPANTS ARE INCLUDED IN THE COMPENSATION INFORMATION ABOVE; EMPLOYEE CONTRIBUTIONS ARE INCLUDED IN COLUMN B(I) AND BOARD OF TRUSTEE CONTRIBUTIONS ARE INCLUDED IN COLUMN C. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM A DEFERRED COMPENSATION PLAN AFTER LEAVING THE AMA, WHICH ARE INCLUDED IN COLUMN B(III) AND COLUMN F: HOWARD C. BAUCHNER, M.D. $31,745 ALBERT T. OSBAHR, M.D. $21,976 WILLIAM E. KOBLER, M.D. $18,778 RUSSELL W.H. KRIDEL, M.D. $13,845 GERALD E. HARMON, M.D. $17,363 IN 2011, AMA AND JAMES L. MADARA ENTERED INTO A DEFERRED COMPENSATION AGREEMENT SUBJECT TO SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE ACCOUNT VESTS OVER TIME AND PAYMENT OF UNDISTRIBUTED AMOUNTS WILL OCCUR ON THE VESTING DATES. $168,999 WAS PAID IN 2024 WHICH IS INCLUDED IN COLUMN B(III) AND COLUMN F.

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

The 10 largest by cash amount. The API serves every itemized grant.

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 corporations and trusts

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

  • AMERICAN MEDICAL ASSURANCE COMPANY

    C · BUSINESS SERVICES REINSURANCE COMPANY · IL · 100% owned · share of income $101,746 · share of assets $1,588,455 · controlled entity

    Directly controlled by AMERICAN MEDICAL ASSOCIATION

  • HEALTH2047 INC

    C · PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES · IL · 100% owned · share of income $1,363,359 · share of assets $49,093,590 · controlled entity

    Directly controlled by AMERICAN MEDICAL ASSOCIATION

  • FIRST MILE CARE INC

    C · PREVENTIVE CHRONIC CARE COMPANY · CA · controlled entity

  • ADAMS STREET 1847 FUND LP

    C · INVESTING · CJ · 99.98% owned · share of income $17,333,816 · share of assets $149,585,249 · controlled entity

    Directly controlled by AMERICAN MEDICAL ASSOCIATION

  • AMA INSURANCE AGENCY INC

    C · INSURANCE BROKERAGE · IL · controlled entity

  • AMA SERVICES INC

    C · HOLDING COMPANY - BUSINESS AND PERSONAL SERVICES · IL · 100% owned · share of income $34,202,640 · share of assets $47,607,985 · controlled entity

    Directly controlled by AMERICAN MEDICAL ASSOCIATION

  • AMA INNOVATIONS INC

    C · HOLDING COMPANY - BUSINESS AND PERSONAL SERVICES · IL · controlled entity

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513159349303536

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