Form 990 for tax year 2022
Filed by AMERICAN MEDICAL GROUP ASSOCIATION INC.
Totals
- Total revenue
- $13,526,423
- Total expenses
- $14,588,908
- Contributions and grants received
- $5,958,588
- Grants paid
- $160,000
- Program service revenue
- $8,986,344
- Investment income
- -$2,616,383
- Other revenue
- $1,197,874
- Total assets, end of year
- $20,331,868
- Total liabilities, end of year
- $7,109,555
- Net assets or fund balances, end of year
- $13,222,313
- 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
$5,958,588
-
2a · Program service revenue: RESEARCH
total $2,933,308 · related or exempt $2,933,308
-
2b · Program service revenue: ANNUAL CONFERENCE
total $1,708,544 · related or exempt $1,708,544
-
2c · Program service revenue: IQL,REG.& OTHER MEETINGS
total $1,511,565 · related or exempt $1,511,565
-
2d · Program service revenue: HPPE COLLABORATIVE
total $1,500,000 · related or exempt $1,500,000
-
2e · Program service revenue: PUBLICATIONS
total $1,332,927 · related or exempt $1,170,745 · unrelated business $162,182
-
3 · Investment income
total $142,300 · excluded $142,300
-
5 · Royalties
total $2,285 · excluded $2,285
-
7a · Gross sales of assets other than inventory
securities $944,283
-
7b · Less cost or other basis and sales expenses
securities $3,693,577 · other assets $9,389
-
7c · Gain or loss
securities -$2,749,294 · other assets -$9,389
-
7d · Net gain or loss
total -$2,758,683 · excluded -$2,758,683
-
11a · Other revenue: DISSOLUTION OF AMGA AFFILIATE
total $904,403 · related or exempt $904,403
-
11b · Other revenue: CONFERENCE REGISTRATIONS (EXPIRED
total $336,673 · related or exempt $336,673
-
11c · Other revenue: MISCELLANEOUS
total $5,000 · related or exempt $5,000
-
11d · All other revenue
total -$50,487 · related or exempt -$50,487
-
11e · Other revenue, total
$1,195,589
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $160,000
-
5 · Compensation of officers, directors and key employees
total $1,624,985
-
7 · Other salaries and wages
total $5,752,229
-
8 · Pension plan contributions
total $387,104
-
9 · Other employee benefits
total $9,407
-
10 · Payroll taxes
total $414,787
-
11b · Fees: legal
total $57,233
-
11c · Fees: accounting
total $45,608
-
11f · Fees: investment management
total $28,488
-
11g · Fees: other
total $2,220,220
-
12 · Advertising and promotion
total $47,481
-
13 · Office expenses
total $132,504
-
14 · Information technology
total $569,157
-
16 · Occupancy
total $125,125
-
17 · Travel
total $206,732
-
19 · Conferences, conventions and meetings
total $2,290,356
-
20 · Interest
total $42,869
-
22 · Depreciation, depletion and amortization
total $267,728
-
23 · Insurance
total $24,929
-
24a · Other expenses: GPJ PRINTING & SHIPPING
total $271,288
-
24b · Other expenses: PROGRAM SVC PRINT & POS
total $131,097
-
24c · Other expenses: BANK AND CREDIT CARD FE
total $103,219
-
24d · Other expenses: ALLOCATED OVERHEAD
total -$323,638
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,326 · end of year $11,221
-
2 · Savings and temporary cash investments
beginning of year $1,680,565 · end of year $2,950,780
-
4 · Accounts receivable
beginning of year $116,874 · end of year $646,363
-
9 · Prepaid expenses and deferred charges
beginning of year $651,231 · end of year $787,329
-
10a · Land, buildings and equipment: cost or other basis
$11,448,600
-
10b · Land, buildings and equipment: accumulated depreciation
$2,672,420
-
10c · Land, buildings and equipment, net
beginning of year $9,016,745 · end of year $8,776,180
-
11 · Investments: publicly traded securities
beginning of year $5,275,319 · end of year $5,370,134
-
15 · Other assets
beginning of year $2,934,385 · end of year $1,789,861
-
17 · Accounts payable and accrued expenses
beginning of year $1,048,928 · end of year $1,519,065
-
19 · Deferred revenue
beginning of year $4,518,811 · end of year $3,813,112
-
23 · Secured mortgages and notes payable
beginning of year $1,299,430 · end of year $1,072,574
-
25 · Other liabilities
beginning of year $697,307 · end of year $704,804
-
27 · Net assets without donor restrictions
beginning of year $12,124,969 · end of year $13,222,313
Mission and programs · 2022
Mission
AMGA, INC. IMPROVES HEALTHCARE FOR PATIENTS BY SUPPORTING MULTISPECIALTY MEDICAL GROUPS AND OTHER ORGANIZED SYSTEMS OF CARE.
-
MEETINGS THROUGHOUT THE YEAR, MEETINGS 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.
-
MEMBERSHIP SERVICES INCLUDES EDUCATIONAL CONTENT THROUGH MEETINGS, WEBSITE, AND PUBLICATIONS FOR THE EXECUTIVES AT MEMBER ORGANIZATIONS.
-
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.
As filed on the 2022 return.
Listed in Part VII
-
Richard H Bone MDRICHARD H BONE MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
J Stephen Jones MDJ STEPHEN JONES MD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Beth AverbeckBETH AVERBECK
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Duncanson MD CpeDANIEL DUNCANSON MD CPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie Copeland MD MBA FaapSTEPHANIE COPELAND MD MBA FAAP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Theresa Frei RN Bsn MBATHERESA FREI RN BSN MBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim Weir Mha MBA FacheTIM WEIR MHA MBA FACHE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Aric Sharp Mha Cmpe FacheARIC SHARP MHA CMPE FACHE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Luis Garcia MD MBA Facs FasmbsLUIS GARCIA MD MBA FACS FASMBS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Flynn Henry JDKATHERINE FLYNN HENRY JD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Grace Terrell MD MmmfacpGRACE TERRELL MD MMMFACP
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Keith Jones MDKEITH JONES MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry Tatum MDLARRY TATUM MD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Carol Elaine Brockmiller CmpeCAROL ELAINE BROCKMILLER CMPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard S Isaacs MD FacsRICHARD S ISAACS MD FACS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim Sherbrooke Mha FacmpeKIM SHERBROOKE MHA FACMPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Jo WilliamsonMARY JO WILLIAMSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip M Oravetz MD MPH MBAPHILIP M ORAVETZ MD MPH MBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael A Rossi MD MBA FaccMICHAEL A ROSSI MD MBA FACC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adnan Munkarah MD CpeADNAN MUNKARAH MD CPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerrold PensoJERROLD PENSO
PRESIDENT & CEO
- Total calculated
- $871,016
- From this org
- $724,395
- From related orgs
- $6,920
- Other
- $139,701
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $592,130 + $6,920 related
- Bonus
- $67,800
- Other
- $64,465
- Deferred
- $82,550
- Nontaxable benefits
- $57,151
- Filer's total
- $864,096 + $6,920 related
-
Clyde L MorrisCLYDE L MORRIS
CFO
- Total calculated
- $336,476
- From this org
- $259,074
- From related orgs
- $0
- Other
- $77,402
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $196,156
- Bonus
- $40,900
- Other
- $22,018
- Deferred
- $41,229
- Nontaxable benefits
- $36,173
- Filer's total
- $336,476
-
Ryan O'ConnorRYAN O'CONNOR
COO
- Total calculated
- $450,619
- From this org
- $378,718
- From related orgs
- $0
- Other
- $71,901
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $292,432
- Bonus
- $57,300
- Other
- $28,986
- Deferred
- $53,269
- Nontaxable benefits
- $18,632
- Filer's total
- $450,619
-
Chester SpeedCHESTER SPEED
VP PUBLIC POLICY
- Total calculated
- $511,999
- From this org
- $432,693
- From related orgs
- $0
- Other
- $79,306
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $336,503
- Bonus
- $62,100
- Other
- $34,090
- Deferred
- $56,375
- Nontaxable benefits
- $22,931
- Filer's total
- $511,999
-
Elizabeth CieminsELIZABETH CIEMINS
EMPLOYEE
- Total calculated
- $336,143
- From this org
- $306,497
- From related orgs
- $0
- Other
- $29,646
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,497
- Bonus
- $26,000
- Other
- $0
- Deferred
- $24,555
- Nontaxable benefits
- $5,091
- Filer's total
- $336,143
-
Sharon GraceSHARON GRACE
CHIEF MKTG & COMM OFFICER
- Total calculated
- $346,100
- From this org
- $265,708
- From related orgs
- $0
- Other
- $80,392
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,084
- Bonus
- $36,400
- Other
- $20,224
- Deferred
- $43,959
- Nontaxable benefits
- $36,433
- Filer's total
- $346,100
-
John KennedyJOHN KENNEDY
EMPLOYEE
- Total calculated
- $522,986
- From this org
- $237,568
- From related orgs
- $190,077
- Other
- $95,341
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $176,868 + $190,077 related
- Bonus
- $60,700
- Other
- $0
- Deferred
- $60,650
- Nontaxable benefits
- $34,691
- Filer's total
- $332,909 + $190,077 related
-
Jill PowelsonJILL POWELSON
EMPLOYEE
- Total calculated
- $276,307
- From this org
- $244,768
- From related orgs
- $0
- Other
- $31,539
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,822
- Bonus
- $29,066
- Other
- $6,880
- Deferred
- $20,218
- Nontaxable benefits
- $11,321
- Filer's total
- $276,307
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
-
$150,000
TO SUPPORT THE FOUNDATION.
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) · 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
UNRELATED · CONSULTING · VA · 95% owned · share of income $2,950,157 · share of assets $1,924,309 · general or managing partner
Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC
-
AMGA ANALYTICS LLC
RELATED · DATA ANALYTICS · VA · 81.14% owned · share of income -$105,151 · 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 -$2,657 · share of assets $66,432 · controlled entity
Directly controlled by AMERICAN MEDICAL GROUP ASSOCIATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349307005
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