Radioloy Business Management Association
- Assets
- $1.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Fairfax, VA
- Founding
- 05/1970
- Data as of
- 12/2021
- EIN
- 23-7085044
Organization Overview
Radioloy Business Management Association is located in Fairfax, VA. The organization was established in 1970. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Radioloy Business Management Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radioloy Business Management Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Radioloy Business Management Association generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PATIENT CARE AND THE MEDICAL PROFESSION THROUGH THE PURSUIT OF EXCELLENCE IN RADIOLOGY BUSINESS MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES & MEETINGS: EDUCATIONAL PROGRAMS TO KEEP MEMBERS ABREAST OF CHANGES IN THE PROFESSION, AND PROVIDE PEER-TO-PEER NETWORKING OPPORTUNITIES. RBMA HELD ONE LARGE ANNUAL CONFERENCE, THREE SMALLER EDUCATIONAL MEETINGS AND A VARIETY OF WEBINARS DURING 2021. THE CONFERENCE, MEETINGS AND WEBINARS COVER TOPICS RELEVANT TO THOSE IN THE RADIOLOGY BUSINESS MANAGEMENT INDUSTRY.
RBMA BULLETIN: A BI-MONTHLY JOURNAL THAT UPDATES THE PROFESSION ON DEVELOPMENTS AND BEST PRACTICES IN RADIOLOGY BUSINESS MANAGEMENT.
DATA COLLECTION AND REPORTING: RBMA PERFORMS AN ANNUAL SURVEY REGARDING RADIOLOGY BUSINESS ACCOUNTS RECEIVABLE PRACTICES AND SUMMARIZES RESULTS IN A PUBLISHED STUDY TO PROVIDE BUSINESS PERFORMANCE BENCHMARKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Still Executive Director | Officer | 40 | $226,596 |
Jessica Struve Deputy Executive Director | 40 | $110,500 | |
Christopher Crancer Secretary | OfficerTrustee | 0.5 | $0 |
Shannon Wilson President Elect | OfficerTrustee | 0.5 | $0 |
J Parke Keith Treasurer | OfficerTrustee | 0.5 | $0 |
Linda Wilgus Past President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $258,641 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $258,641 |
| Total Program Service Revenue | $1,772,119 |
| Investment income | $16,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $54,553 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,363,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $257,559 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $490,218 |
| Pension plan accruals and contributions | $25,239 |
| Other employee benefits | $56,654 |
| Payroll taxes | $58,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,463 |
| Fees for services: Accounting | $80,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,727 |
| Fees for services: Other | $296,745 |
| Advertising and promotion | $35,005 |
| Office expenses | $104,711 |
| Information technology | $103,323 |
| Royalties | $0 |
| Occupancy | $85,440 |
| Travel | $20,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $351,806 |
| Interest | $752 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,066 |
| Insurance | $15,098 |
| All other expenses | $1,665 |
| Total functional expenses | $2,054,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,278 |
| Savings and temporary cash investments | $229,992 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,807 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,145 |
| Net Land, buildings, and equipment | $27,488 |
| Investments—publicly traded securities | $1,028,412 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,636 |
| Total assets | $1,925,758 |
| Accounts payable and accrued expenses | $253,165 |
| Grants payable | $0 |
| Deferred revenue | $242,985 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $142,453 |
| Total liabilities | $638,603 |
| Net assets without donor restrictions | $1,287,155 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,925,758 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Radioloy Business Management Association has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
American College Of Radiology Reston, VA PURPOSE: SPONSORSHIP | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Public Radio Nashville, TN | $20,343,495 | $8,092,094 |
University Radio Foundation Inc Charlotte, NC | $8,466,410 | $8,498,776 |
Atlantic Gateway Communications Inc Rockville, MD | $17,231,384 | $8,767,157 |
Kentucky Public Radio Inc Louisville, KY | $10,373,136 | $8,133,338 |
Positive Alternative Radio Inc Blacksburg, VA | $12,105,265 | $8,585,071 |
Your Public Radio Corporation Baltimore, MD | $11,534,970 | $6,734,198 |
Western North Carolina Public Radio Inc Asheville, NC | $3,491,277 | $3,010,198 |
Radioloy Business Management Association Fairfax, VA | $1,925,758 | $2,363,822 |
Country Radio Broadcasters Inc Nashville, TN | $4,104,415 | $2,602,863 |
Friends Of Public Radio Inc Wilmington, NC | $2,458,676 | $1,718,286 |
Educational Information Corporation Wcpe Radio Wake Forest, NC | $10,059,393 | $1,795,992 |
Towson University Public Media Towson, MD | $1,208,629 | $1,772,101 |