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Nonprofiteer
← AMERICAN MEDICAL GROUP ASSOCIATION INC

Form 990 for tax year 2023

Filed by AMERICAN MEDICAL GROUP ASSOCIATION INC.

Totals

Total revenue
$16,726,333
Total expenses
$16,859,615
Contributions and grants received
$5,955,324
Grants paid
$163,750
Program service revenue
$10,307,682
Investment income
$229,065
Other revenue
$234,262
Total assets, end of year
$20,357,430
Total liabilities, end of year
$6,873,077
Net assets or fund balances, end of year
$13,484,353
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

    $5,955,324

  • 2a · Program service revenue: RESEARCH

    total $3,431,173 · related or exempt $3,431,173

  • 2b · Program service revenue: SPONSORSHIP REVENUE

    total $2,050,900 · related or exempt $2,050,900

  • 2c · Program service revenue: HPPE COLLABORATIVE

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

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

    total $1,548,713 · related or exempt $1,548,713

  • 2e · Program service revenue: PUBLICATIONS

    total $1,476,896 · related or exempt $1,287,566 · unrelated business $189,330

  • 3 · Investment income

    total $220,176 · excluded $220,176

  • 5 · Royalties

    total $1,652 · excluded $1,652

  • 7a · Gross sales of assets other than inventory

    securities $1,699,133

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

    securities $1,690,244

  • 7c · Gain or loss

    securities $8,889

  • 7d · Net gain or loss

    total $8,889 · excluded $8,889

  • 11a · Other revenue: INCOME FROM AFFILIATES

    total $206,000 · related or exempt $206,000

  • 11b · Other revenue: MISCELLANEOUS

    total $26,610 · related or exempt $26,610

  • 11e · Other revenue, total

    $232,610

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $163,750

  • 5 · Compensation of officers, directors and key employees

    total $1,890,792

  • 7 · Other salaries and wages

    total $5,933,960

  • 8 · Pension plan contributions

    total $407,210

  • 9 · Other employee benefits

    total $412,884

  • 10 · Payroll taxes

    total $482,459

  • 11b · Fees: legal

    total $23,180

  • 11c · Fees: accounting

    total $47,118

  • 11f · Fees: investment management

    total $29,511

  • 11g · Fees: other

    total $2,798,637

  • 12 · Advertising and promotion

    total $173,559

  • 13 · Office expenses

    total $112,981

  • 14 · Information technology

    total $694,119

  • 16 · Occupancy

    total $155,417

  • 17 · Travel

    total $347,537

  • 19 · Conferences, conventions and meetings

    total $2,607,005

  • 20 · Interest

    total $34,513

  • 22 · Depreciation, depletion and amortization

    total $267,577

  • 23 · Insurance

    total $25,656

  • 24a · Other expenses: GPJ PRINTING & SHIPPING

    total $285,835

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

    total $154,545

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

    total $105,322

  • 24d · Other expenses: ALLOCATED OVERHEAD

    total -$293,952

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,221 · end of year $672,403

  • 2 · Savings and temporary cash investments

    beginning of year $2,950,780 · end of year $1,480,356

  • 4 · Accounts receivable

    beginning of year $646,363 · end of year $1,205,205

  • 9 · Prepaid expenses and deferred charges

    beginning of year $787,329 · end of year $586,823

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

    $11,705,925

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

    $2,939,998

  • 10c · Land, buildings and equipment, net

    beginning of year $8,776,180 · end of year $8,765,927

  • 11 · Investments: publicly traded securities

    beginning of year $5,370,134 · end of year $5,695,408

  • 15 · Other assets

    beginning of year $1,789,861 · end of year $1,951,308

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,519,065 · end of year $1,189,231

  • 19 · Deferred revenue

    beginning of year $3,813,112 · end of year $4,346,396

  • 23 · Secured mortgages and notes payable

    beginning of year $1,072,574 · end of year $835,114

  • 25 · Other liabilities

    beginning of year $704,804 · end of year $502,336

  • 27 · Net assets without donor restrictions

    beginning of year $13,222,313 · end of year $13,484,353

Mission and programs · 2023

Mission

AMGA, INC. IMPROVES HEALTHCARE FOR PATIENTS BY SUPPORTING MULTISPECIALTY MEDICAL GROUPS AND OTHER ORGANIZED SYSTEMS OF CARE.

  • MEETINGS THROUGHOUT THE YEAR ARE HELD WHICH BRING TOGETHER EXECUTIVES FROM MEMBER AND NON-MEMBER GROUPS AND OTHER INTERESTED PARTIES TO EDUCATE THEM ABOUT THE LATEST DEVELOPMENTS IN THE FIELD, TO ADDRESS ISSUES AND PROBLEMS AFFECTING THE MEMBERS ORGANIZATIONS, TO PROVIDE NETWORKING OPPORTUNITIES, TO LEARN ABOUT BEST PRACTICES IN PATIENT CARE, AND TO PROVIDE GOVERNMENT AND REGULATORY UPDATES.

  • GOVERNMENT RELATIONS - INVOLVED IN THE SUBMISSION OF STATEMENTS AND COMMUNICATIONS TO LEGISLATORS AND MEMBERS RELATING TO EXISTING, PENDING OR PROPOSED LEGISLATION OF DIRECT INTEREST TO TAXPAYERS AND MEMBERS.

  • RESEARCH AND ANALYTICS OFFERS ROBUST RESOURCES FOR DATA ANALYSIS AND IMPLEMENTATION RESEARCH. ASSISTING MEMBERS IN IMPROVING POPULATION HEALTH, USING COMPARATIVE BENCHMARKING TO DISCOVER OPPORTUNITIES, AND PREDICTIVE ANALYTICS TO IDENTIFY HIGH-RISK PATIENTS. THROUGH IMPLEMENTATION SCIENCE, SUPPORT MEMBERS ADOPTION OF NEW RESEARCH AND IMPLEMENTATION OF INTERVENTIONS INTO ROUTINE PRACTICE.

As filed on the 2023 return.

Listed in Part VII

  • RICHARD H BONE MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LARRY TATUM MD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MARY JO WILLIAMSON

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DANIEL M DUNCANSON MD CPE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE COPELAND MD MBA FAAP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THERESA FREI RN BSN MBA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIM WEIR MHA MBA FACHE

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ARIC SHARP MHA CMPE FACHE

    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

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • J STEPHEN JONES MD

    CHAIR-ELECT

    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

    DIRECTOR

    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

  • JERROLD PENSO MD MBA

    PRESIDENT & CEO

    Total calculated
    $969,584
    From this org
    $819,020
    From related orgs
    $5,034
    Other
    $145,530
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $623,210 + $5,034 related
    Bonus
    $71,150
    Other
    $124,660
    Deferred
    $87,400
    Nontaxable benefits
    $58,130
    Filer's total
    $964,550 + $5,034 related

  • CLYDE L MORRIS

    PAST CFO

    Total calculated
    $257,410
    From this org
    $209,309
    From related orgs
    $0
    Other
    $48,101
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $65,883
    Bonus
    $74,965
    Other
    $68,461
    Deferred
    $13,424
    Nontaxable benefits
    $34,677
    Filer's total
    $257,410

  • CARRIE HANLON

    CFO

    Total calculated
    $231,504
    From this org
    $216,852
    From related orgs
    $0
    Other
    $14,652
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,852
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,652
    Filer's total
    $231,504

  • RYAN O'CONNOR

    COO

    Total calculated
    $466,872
    From this org
    $394,086
    From related orgs
    $0
    Other
    $72,786
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,500
    Bonus
    $59,000
    Other
    $29,586
    Deferred
    $55,965
    Nontaxable benefits
    $16,821
    Filer's total
    $466,872

  • CHESTER SPEED

    VP PUBLIC POLICY

    Total calculated
    $534,450
    From this org
    $450,903
    From related orgs
    $0
    Other
    $83,547
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $352,426
    Bonus
    $64,200
    Other
    $34,277
    Deferred
    $59,930
    Nontaxable benefits
    $23,617
    Filer's total
    $534,450

  • ELIZABETH CIEMINS

    EMPLOYEE

    Total calculated
    $352,188
    From this org
    $322,322
    From related orgs
    $0
    Other
    $29,866
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,922
    Bonus
    $27,400
    Other
    $0
    Deferred
    $24,555
    Nontaxable benefits
    $5,311
    Filer's total
    $352,188

  • SHARON GRACE

    CHIEF MKTG & COMM OFFICER

    Total calculated
    $410,717
    From this org
    $325,742
    From related orgs
    $0
    Other
    $84,975
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,642
    Bonus
    $43,300
    Other
    $48,800
    Deferred
    $46,159
    Nontaxable benefits
    $38,816
    Filer's total
    $410,717

  • JOHN KENNEDY

    EMPLOYEE

    Total calculated
    $603,371
    From this org
    $247,968
    From related orgs
    $243,313
    Other
    $112,090
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $138,044 + $243,313 related
    Bonus
    $72,900
    Other
    $37,024
    Deferred
    $64,415
    Nontaxable benefits
    $47,675
    Filer's total
    $360,058 + $243,313 related

  • JAMES MILLER

    EMPLOYEE

    Total calculated
    $248,392
    From this org
    $215,835
    From related orgs
    $0
    Other
    $32,557
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,635
    Bonus
    $200
    Other
    $0
    Deferred
    $16,598
    Nontaxable benefits
    $15,959
    Filer's total
    $248,392

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 $206,739 · share of assets $2,380,172 · 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 $8,639 · share of assets $77,271 · controlled entity

    Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202443169349300634

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