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← AAMI FOUNDATION INC

Form 990 for tax year 2022

Filed by AAMI FOUNDATION INC.

Totals

Total revenue
$259,490
Total expenses
$378,142
Contributions and grants received
$90,282
Grants paid
$178,975
Program service revenue
$0
Investment income
$169,208
Other revenue
$0
Total assets, end of year
$4,559,909
Total liabilities, end of year
$2,829
Net assets or fund balances, end of year
$4,557,080
Program services expenses (Part IX)
$204,797
Management and general expenses
$173,345
Fundraising expenses
$0
Program service expenses (Part III)
$204,797

Program services were 54.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1f · All other contributions, gifts and grants

    $90,282

  • 3 · Investment income

    total $169,208 · excluded $169,208

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $121,898 · program services $121,898

  • 2 · Grants to domestic individuals

    total $57,077 · program services $57,077

  • 11b · Fees: legal

    total $5,618 · program services $5,618

  • 11f · Fees: investment management

    total $13,345 · management and general $13,345

  • 11g · Fees: other

    total $167,034 · program services $7,034 · management and general $160,000

  • 13 · Office expenses

    total $8,303 · program services $8,303

  • 19 · Conferences, conventions and meetings

    total $4,867 · program services $4,867

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $96,896 · end of year $22,881

  • 4 · Accounts receivable

    beginning of year $10,500 · end of year $10,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $725 · end of year $725

  • 11 · Investments: publicly traded securities

    beginning of year $4,253,037 · end of year $4,526,303

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,658 · end of year $2,829

  • 27 · Net assets without donor restrictions

    beginning of year $3,612,796 · end of year $3,716,203

  • 28 · Net assets with donor restrictions

    beginning of year $745,704 · end of year $840,877

Mission and programs · 2022

Mission

THE AAMI FOUNDATION IS A 501(C)(3) CHARITABLE ORGANIZATION WHOSE PRIMARY PURPOSE IS DEDICATED TO ADVANCING THE PROFESSIONAL DEVELOPMENT OF HEALTH TECHNOLOGY PROFESSIONALS AND THE SAFETY OF TECHNOLOGY TO IMPROVE HEALTH THROUGH THE AWARD OF SCHOLARSHIPS, AWARDS, GRANTS, AND OTHER ENDEAVORS.

Activities or mission (Part I)

THE AAMI FOUNDATION ACHIEVES ITS VISION THROUGH THE AWARDING OF SCHOLARSHIPS, AWARDS, GRANTS, AND OTHER ENDEAVORS TO STRENGTHEN THE KNOWLEDGE OF HEALTH TECHNOLOGY PROFESSIONALS.

  • PATIENT SAFETY PROGRAMS AIM TO ENGAGE THE HEALTHCARE COMMUNITY IN MULTIDISCIPLINARY SAFETY INITIATIVES THAT STRENGTHEN THE DEVELOPMENT, MANAGEMENT, AND USE OF HEALTHCARE TECHNOLOGY FOR IMPROVED PATIENT OUTCOMES.

    Expenses $90,000 · Grants $64,178

  • THE MARY K. LOGAN RESEARCH AWARDS IS A GRANT PROGRAM AIMED AT SUPPORTING RESEARCH THAT ENHANCES THE SAFE ADOPTION AND SAFE USE OF HEALTH TECHNOLOGY.

    Expenses $78,720 · Grants $78,720

  • THE MICHAEL J. MILLER SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO QUALIFIED STUDENTS WHO ARE PURSUING AN EDUCATION IN HEALTHCARE TECHNOLOGY MANAGEMENT.

    Expenses $36,077 · Grants $36,077

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stephen Campbell

    EXECUTIVE DIRECTOR

    Total calculated
    $596,205
    From this org
    $78,803
    From related orgs
    $448,899
    Other
    $68,503
    Hours/week
    5.6 + 31.9 related

    Schedule J breakdown matched by us

    Base
    $47,742 + $271,960 related
    Bonus
    $31,061 + $176,939 related
    Other
    $0
    Deferred
    $7,596 + $43,273 related
    Nontaxable benefits
    $2,633 + $15,001 related
    Filer's total
    $89,032 + $507,173 related
  • Walt Rosebrough

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Janet Prust

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Heidi Horn Ma Aamif

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Donna Dyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Elena Buckley Cce Chtm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joyce Hansen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kurt A Finke Ce Aamif

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Lawrence W Hertzler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Ralph J Basile

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Steven J Yelton PE Chtm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Pamela Arora

    AAMI CEO

    Total calculated
    $494,804
    From this org
    $25,120
    From related orgs
    $445,883
    Other
    $23,801
    Hours/week
    2 + 35.5 related

    Schedule J breakdown matched by us

    Base
    $20,410 + $362,282 related
    Bonus
    $0
    Other
    $4,710 + $83,601 related
    Deferred
    $1,093 + $19,407 related
    Nontaxable benefits
    $176 + $3,125 related
    Filer's total
    $26,389 + $468,415 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202412279349302731

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