Acgme International Group Inc
- Assets
- $6.1m
- Revenue
- $3.0m
- Investments
- $5.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2019
- Data as of
- 12/2020
- EIN
- 32-0590477
Organization Overview
Acgme International Group Inc is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acgme International Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Acgme International Group Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE HEALTH CARE BY ASSESSING AND ADVANCING THE QUALITY OF RESIDENT PHYSICIANS' EDUCATION THROUGH ACCREDITATION. WE PROTECT THE INTERESTS OF RESIDENTS AND IMPROVE THE QUALITY OF TEACHING, LEARNING, RESEARCH, AND PROFESSIONAL PRACTICE WITH THE ULTIMATE GOAL OF BENEFITTING THE PUBLIC THAT OUR ACCREDITED PROGRAMS AND GRADUATES SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND CONTINUOUS IMPROVEMENT OF EFFECTIVE METHODS TO EVALUATE GRADUATE MEDICAL EDUCATION AND THE PROMOTION OF QUALITY GRADUATE MEDICAL EDUCATION OUTSIDE OF THE UNITED STATES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Nasca MD Macp Director And Chair | OfficerTrustee | 1 | $0 |
Kamal Badr MD Asci Aap Director And Vice Chair | OfficerTrustee | 5 | $0 |
John Ogunkeye Ms Treasurer | Officer | 1 | $0 |
Susan Day MD President And Ceo; Secreta | Officer | 1 | $0 |
James Arrighi President And CEO | Officer | 1 | $0 |
Lorraine Lewis Executive Director | Officer | 37.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,431,834 |
| Investment income | $184,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $339,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,955,990 |
| 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. | $807,369 |
| Compensation of current officers, directors, key employees. | $80,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,788 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $131,574 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,677 |
| Fees for services: Accounting | $2,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,729 |
| Fees for services: Other | $70,202 |
| Advertising and promotion | $0 |
| Office expenses | $13,006 |
| Information technology | $14,148 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $120,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $36,114 |
| All other expenses | $610,279 |
| Total functional expenses | $1,962,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $956,609 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,435 |
| 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 | $10,439 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,076,463 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,115,946 |
| Accounts payable and accrued expenses | $2,164 |
| Grants payable | $0 |
| Deferred revenue | $370,000 |
| 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 | $185,042 |
| Total liabilities | $557,206 |
| Net assets without donor restrictions | $5,558,740 |
| 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 | $6,115,946 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Acgme International Group Inc has recieved totaling $4,608,523.
| Awarding Organization | Amount |
|---|---|
Accreditation Council For Graduate Medical Education Chicago, IL PURPOSE: TRANSFER OF ASSETS FROM ACGME INTERNATIONAL LLC TO ACGME INTERNATIONAL GROUP INC. | $4,608,523 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Primary Health Care Association Springfield, IL | $11,577,545 | $20,459,063 |
Accreditation Association For Ambulatory Health Care Inc Skokie, IL | $34,944,866 | $26,328,831 |
American Board Of Medical Specialties Chicago, IL | $33,424,313 | $22,297,576 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |
Indiana Hospital Association Inc Indianapolis, IN | $14,217,273 | $13,385,165 |
The Saturday Evening Post Society Inc Indianapolis, IN | $49,329,518 | $11,274,580 |
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
American Academy Of Physical Medicine And Rehabilitation Rosemont, IL | $24,985,225 | $10,237,461 |
American Organization For Nursing Leadership Chicago, IL | $20,744,562 | $7,460,958 |
Iowa Healthcare Collaborative Des Moines, IA | $12,881,277 | $5,601,701 |
Board Of Certification For Emergency Nursing Oak Brook, IL | $14,934,746 | $6,150,002 |
American Orthopaedic Foot & Ankle Society Rosemont, IL | $3,436,824 | $6,305,161 |