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Nonprofiteer
← ADVANCED MEDICAL TECHNOLOGY ASSOCIATION

Form 990 for tax year 2022

Filed by ADVANCED MEDICAL TECHNOLOGY ASSOCIATION.

Totals

Total revenue
$47,870,561
Total expenses
$44,643,330
Contributions and grants received
$740,242
Grants paid
$338,500
Program service revenue
$46,843,417
Investment income
$157,720
Other revenue
$129,182
Total assets, end of year
$41,806,177
Total liabilities, end of year
$25,198,645
Net assets or fund balances, end of year
$16,607,532
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.

  • 1e · Government grants (contributions)

    $740,242

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $39,556,990 · related or exempt $39,556,990

  • 2b · Program service revenue: MEETINGS & SEMINARS

    total $6,255,862 · related or exempt $6,255,862

  • 2c · Program service revenue: ASSESSMENTS

    total $1,030,565 · related or exempt $1,030,565

  • 3 · Investment income

    total $157,720 · excluded $157,720

  • 5 · Royalties

    total $123,966 · excluded $123,966

  • 11a · Other revenue: JOB BOARD REVENUE

    total $5,216 · unrelated business $5,216

  • 11e · Other revenue, total

    $5,216

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $338,500

  • 5 · Compensation of officers, directors and key employees

    total $5,446,304

  • 7 · Other salaries and wages

    total $15,373,886

  • 8 · Pension plan contributions

    total $1,102,739

  • 9 · Other employee benefits

    total $1,278,567

  • 10 · Payroll taxes

    total $1,118,096

  • 11b · Fees: legal

    total $824,379

  • 11c · Fees: accounting

    total $69,754

  • 11d · Fees: lobbying

    total $2,805,978

  • 11g · Fees: other

    total $7,789,304

  • 12 · Advertising and promotion

    total $5,109

  • 13 · Office expenses

    total $1,109,019

  • 14 · Information technology

    total $137,131

  • 16 · Occupancy

    total $1,427,207

  • 17 · Travel

    total $458,646

  • 19 · Conferences, conventions and meetings

    total $3,820,429

  • 22 · Depreciation, depletion and amortization

    total $594,935

  • 23 · Insurance

    total $126,411

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $461,743

  • 24b · Other expenses: TRAINING

    total $33,408

  • 24e · All other expenses

    total $321,785

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $498 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $11,184,723 · end of year $21,353,439

  • 4 · Accounts receivable

    beginning of year $2,955,416 · end of year $1,247,782

  • 9 · Prepaid expenses and deferred charges

    beginning of year $681,539 · end of year $697,636

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

    $3,301,212

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

    $886,245

  • 10c · Land, buildings and equipment, net

    beginning of year $1,581,236 · end of year $2,414,967

  • 11 · Investments: publicly traded securities

    beginning of year $9,085,091 · end of year $1,232,046

  • 14 · Intangible assets

    beginning of year $2,578,205 · end of year $2,515,128

  • 15 · Other assets

    beginning of year $161,963 · end of year $12,345,179

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,311,093 · end of year $7,533,539

  • 19 · Deferred revenue

    beginning of year $2,770,152 · end of year $1,487,824

  • 25 · Other liabilities

    beginning of year $3,776,193 · end of year $16,177,282

  • 27 · Net assets without donor restrictions

    beginning of year $13,371,233 · end of year $16,607,532

Mission and programs · 2022

Mission

ADVAMED ADVOCATES ON A GLOBAL BASIS FOR THE HIGHEST ETHICAL STANDARDS, TIMELY PATIENT ACCESS TO SAFE AND EFFECTIVE MEDICAL TECHNOLOGIES, AND ECONOMIC POLICIES THAT REWARD VALUE CREATION.

Activities or mission (Part I)

REPRESENT MEDICAL DIAGNOSTICS & DEVICE MANUFACTURERS ON REGULATORY & LEGISLATIVE ISSUES.

  • ADVAMED'S GOVERNMENT AFFAIRS FUNCTION REPRESENTS THE INDUSTRY BEFORE STATE AND FEDERAL POLICYMAKERS, IN GOVERNOR'S OFFICES, STATE LEGISLATURES, THE UNITED STATES CONGRESS, AND RELEVANT FEDERAL AGENCIES. ADVAMED'S ADVOCACY STAFF AND OUTSIDE CONSULTANTS PROVIDE INFORMATION ON POLITICAL AND POLICY DEVELOPMENTS, AND PURSUE THE INDUSTRY'S AGENDA FOR A LEGAL, REGULATORY AND ECONOMIC ENVIRONMENT THAT ADVANCES HEALTH CARE BY ASSURING PATIENT ACCESS TO THE BENEFITS OF MEDICAL TECHNOLOGY.

  • TAKING MEMBER COMPANY FEEDBACK FROM WORKING GROUPS AND COMMITTEES, ADVAMED STAFF PROVIDE CRITICAL INPUT TO REGULATORY AGENCIES LIKE FDA AND CMS ON REGULATIONS AND RULES THAT IMPACT THE ABILITY FOR PATIENTS TO RECEIVE TIMELY ACCESS TO LIFE CHANGING DEVICES PRODUCED BY ADVAMED MEMBERS.

  • OUR CONSULTANTS IN JAPAN, CHINA, AND OTHER OVERSEAS MARKETS REPRESENT ADVAMED IN RAPIDLY EXPANDING OVERSEAS MARKETS AND ATTEND MEETINGS WITH GOVERNMENT OFFICIALS AND INDUSTRY COMMITTEE MEETINGS. THESE CONSULTANTS PROVIDE REAL-TIME INFORMATION AND AN INDUSTRY VOICE IN OVERSEAS MARKETS.

As filed on the 2022 return.

Listed in Part VII

  • Scott Whitaker

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $2,275,364
    From this org
    $2,203,381
    From related orgs
    $0
    Other
    $71,983
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,319,977
    Bonus
    $881,082
    Other
    $2,322
    Deferred
    $35,240
    Nontaxable benefits
    $36,743
    Filer's total
    $2,275,364
  • Christopher L White

    GENERAL COUNSEL & CHIEF POLICY OFFICER

    Total calculated
    $983,600
    From this org
    $915,174
    From related orgs
    $0
    Other
    $68,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $709,726
    Bonus
    $203,126
    Other
    $2,322
    Deferred
    $35,240
    Nontaxable benefits
    $33,186
    Filer's total
    $983,600
  • Janet Trunzo

    EVP, TECH AND REGULATORY AFFAIRS

    Total calculated
    $714,193
    From this org
    $667,536
    From related orgs
    $0
    Other
    $46,657
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $523,989
    Bonus
    $138,603
    Other
    $4,944
    Deferred
    $35,240
    Nontaxable benefits
    $11,417
    Filer's total
    $714,193
  • Greg Crist

    CHIEF ADVOCACY OFFICER

    Total calculated
    $703,860
    From this org
    $635,483
    From related orgs
    $0
    Other
    $68,377
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $536,373
    Bonus
    $97,868
    Other
    $1,242
    Deferred
    $35,240
    Nontaxable benefits
    $33,137
    Filer's total
    $703,860
  • Jennifer Brearey

    CHIEF FINANCIAL & OPERATING OFFICER

    Total calculated
    $636,096
    From this org
    $567,670
    From related orgs
    $0
    Other
    $68,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $431,694
    Bonus
    $135,166
    Other
    $810
    Deferred
    $35,240
    Nontaxable benefits
    $33,186
    Filer's total
    $636,096
  • Ray Briscuso

    EVP, CONFERENCES & EVENTS

    Total calculated
    $556,144
    From this org
    $496,769
    From related orgs
    $0
    Other
    $59,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $409,107
    Bonus
    $84,098
    Other
    $3,564
    Deferred
    $35,240
    Nontaxable benefits
    $24,135
    Filer's total
    $556,144
  • Andrew Fish

    ED, CENTER FOR DIGITAL HEALTH

    Total calculated
    $549,051
    From this org
    $497,296
    From related orgs
    $0
    Other
    $51,755
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $322,477
    Bonus
    $173,658
    Other
    $1,161
    Deferred
    $35,240
    Nontaxable benefits
    $16,515
    Filer's total
    $549,051
  • Kimberly Zimmerman

    SVP, HEAD OF FEDERAL GOVERNMENT

    Total calculated
    $536,394
    From this org
    $476,208
    From related orgs
    $0
    Other
    $60,186
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,098
    Bonus
    $95,110
    Other
    $0
    Deferred
    $27,049
    Nontaxable benefits
    $33,137
    Filer's total
    $536,394
  • Richard Price

    SVP, PAYMENT & HEALTH CARE DELIVERY POLICY, HEAD O

    Total calculated
    $465,888
    From this org
    $419,232
    From related orgs
    $0
    Other
    $46,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $351,558
    Bonus
    $62,730
    Other
    $4,944
    Deferred
    $35,240
    Nontaxable benefits
    $11,416
    Filer's total
    $465,888
  • Dechane Dorsey

    EVP, PMT & HEALTH CARE DELIVERY POLICY

    Total calculated
    $457,242
    From this org
    $410,270
    From related orgs
    $0
    Other
    $46,972
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $339,988
    Bonus
    $69,040
    Other
    $1,242
    Deferred
    $35,240
    Nontaxable benefits
    $11,732
    Filer's total
    $457,242
  • Ashley Miller

    EVP, GLOBAL STRATEGY & ANALYS

    Total calculated
    $291,240
    From this org
    $286,036
    From related orgs
    $0
    Other
    $5,204
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,949
    Bonus
    $0
    Other
    $1,087
    Deferred
    $4,129
    Nontaxable benefits
    $1,075
    Filer's total
    $291,240
  • Michael Minogue

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Peter Arduini

    TREASURER (AS OF 6/2022)

    Total calculated
    $0
    Hours/week
    1
  • Walter Rosebrough

    TREASURER (UNTIL 6/2022)

    Total calculated
    $0
    Hours/week
    1
  • Michael Mussallem

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Nacho Abia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Antoinette Gawin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashley McEvoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brady Shirley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Hanson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carlton St Bernard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Damien McDonald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Carestio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Endicott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Pacitti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deepak Nath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Zacharias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Geoff Martha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • George Maliekel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Giuseppe Accogli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Clemmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan De Witte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Makela

    DIRECTOR (UNTIL 3/2022)

    Total calculated
    $0
    Hours/week
    1
  • Jean-Claude Dubacher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Mirviss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Hollingshead

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joakim Weidemanis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Groetelaars

    DIRECTOR (UNTIL 1/2022)

    Total calculated
    $0
    Hours/week
    1
  • John Liddicoat

    DIRECTOR (UNTIL 10/2022)

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Rennert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Devivo

    DIRECTOR (UNTIL 3/2022)

    Total calculated
    $0
    Hours/week
    1
  • Joseph Virgilio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Woody

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ken Reali

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Lobo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Liam Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Earnhardt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lishan Aklog

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Manu Varma

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Martha Shadan

    DIRECTOR (UNTIL 10/2022)

    Total calculated
    $0
    Hours/week
    1
  • Matthew Sause

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maureen Mulvihill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Farrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Lynch

    DIRECTOR (UNTIL 2/2022)

    Total calculated
    $0
    Hours/week
    1
  • Nadim Yared

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Norman Schwartz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Fabian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roland Diggelmann

    DIRECTOR (UNTIL 3/2022)

    Total calculated
    $0
    Hours/week
    1
  • Shacey Petrovic

    DIRECTOR (UNTIL 6/2022)

    Total calculated
    $0
    Hours/week
    1
  • Sharon Wolfington

    DIRECTOR (UNTIL 10/2022)

    Total calculated
    $0
    Hours/week
    1
  • Stephen MacMillan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Mason

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sven Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Kapfer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas McGuinness

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Polen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas West

    DIRECTOR (UNTIL 5/2022)

    Total calculated
    $0
    Hours/week
    1
  • Timothy Dugan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Pope

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom Eisiminger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tracy Macneal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Venk Varadan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vitor Rocha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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 · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
FIRST CLASS TRAVEL IS AUTHORIZED ONLY IN EXCEPTIONAL CIRCUMSTANCES, SUCH AS WHEN IT IS NECESSARY TO TAKE A SPECIFIC FLIGHT WHERE BUSINESS OR COACH CLASS IS NOT AVAILABLE, AND MUST FIRST HAVE PRIOR WRITTEN APPROVAL BY DEPARTMENT HEADS AND ADVAMED'S PRESIDENT. OTHER EXPENSES INCURRED BY THE TRAVELER FOR TRAVEL OUTSIDE THE DEFINITION OF A BUSINESS TRIP, INCLUDING EXPENSES FOR FAMILY MEMBERS TRAVELING WITH THE EMPLOYEE, ARE ALSO THE RESPONSIBILITY OF THE TRAVELER AND NOT ADVAMED. SUCH EXPENSES ARE KEPT SEPARATE FROM REIMBURSABLE BUSINESS EXPENDITURES. PERSONAL TRAVEL FOR FAMILY MEMBERS/FRIENDS MAY BE BOOKED THROUGH ADVAMED'S TRAVEL AGENCY BUT ARE IDENTIFIED SEPARATELY AND BILLED DIRECTLY TO THE EMPLOYEE. THE CEO OF ADVAMED MAY TRAVEL BUSINESS CLASS ON ALL INTERNATIONAL FLIGHTS AND FOR TRAVEL OVER THREE HOURS IN DURATION WHERE SUCH SEATING IS AVAILABLE. FIRST CLASS SEATING WILL BE REIMBURSED ON DOMESTIC FLIGHTS OVER THREE (3) HOURS IN DURATION IF BUSINESS CLASS SEATING IS NOT OFFERED ON THE FLIGHT. THE ASSOCIATION SHALL REIMBURSE TRAVEL EXPENSES FOR EXECUTIVE'S SPOUSE TO ASSOCIATION EVENTS WHEN ATTENDANCE IS REQUIRED FOR BUSINESS PURPOSES. TRAVEL IS NOT INCLUDED IN TAXABLE INCOME.

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.

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.

  • ADVANCED MEDICAL TECHNOLOGY ASSOCIATION PAC

    527 · POLITICAL ACTION COMMITTEE · DC · controlled entity

    Directly controlled by ADVANCED MEDICAL TECHNOLOGY ASSOCIATION

  • ADVANCED MEDICAL TECHNOLOGY ASSOCIATION CA PAC

    527 · POLITICAL ACTION COMMITTEE · DC · controlled entity

    Directly controlled by ADVANCED MEDICAL TECHNOLOGY ASSOCIATION

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MEDTECH CONFERENCE PARTNERS LLC

    TRADE SHOW · DC · income $0 · assets $0

    Directly controlled by ADVANCED MEDICAL TECHNOLOGY ASSOCIATION

Related corporations and trusts

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

  • ADVAMED PURCHASING GROUP INC

    C · GROUP PURCHASING PROGRAM · DC · 100% owned · share of income $38,824 · share of assets $200,751 · controlled entity

    Directly controlled by ADVANCED MEDICAL TECHNOLOGY ASSOCIATION

Provenance

Return type
form_990
Tax year
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202333129349303858

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