Commission On Accreditation Of Healthcare Management Education
- Assets
- $2.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 12
- Location
- Spring House, PA
- Founding
- 09/2006
- Data as of
- 06/2024
- EIN
- 36-2658309
Organization Overview
Commission On Accreditation Of Healthcare Management Education is located in Spring House, PA. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2024, Commission On Accreditation Of Healthcare Management Education employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commission On Accreditation Of Healthcare Management Education 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 06/2024, Commission On Accreditation Of Healthcare Management Education generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.6m during the year ending 06/2024. While expenses have increased by 6.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE PUBLIC INTEREST BY ADVANCING THE QUALITY OF HEALTHCARE MANAGEMENT EDUCATION BY: (1) SETTING MEASURABLE CRITERIA FOR EXCELLENT HEALTHCARE MANAGEMENT EDUCATION, (2) SUPPORTING, ASSISTING, AND ADVISING PROGRAMS WHICH SEEK TO MEET OR EXCEED THE CRITERIA AND CONTINUOUSLY IMPROVE, (3) ACCREDITING PROGRAMS THAT MEET OR EXCEED THE CRITERIA, AND (4) MAKING THIS INFORMATION EASILY AVAILABLE TO INTERESTED CONSTUENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION:1. SERVICING UNIVERSITIES AND PROGRAMS IN A VOLUNTARY PEER REVIEW PROCESS DESIGNED TO CONTINUOUSLY IMPROVE ACADEMIC EDUCATION AT THE GRADUATE LEVEL HEALTHCARE MANAGEMENT EDUCATION. AT THE END OF FY 2024, CAHME ACCREDITED 150 PROGRAMS AT 98 UNIVERSITIES, REPRESENTING 7,821 FULL-TIME AND 2,878 PART-TIME STUDENTS. CAHME FACILITATED APPROXIMATELY 78 VOLUNTEERS IN CONDUCTING AND REVIEWING 25 SITE VISITS DURING THE CURRENT YEAR.2. ESTABLISHING CRITERIA FOR ACCREDITATION AND TOOLS FOR MEASURING EXCELLENCE AT THE GRADUATE LEVEL OF HEALTHCARE MANAGEMENT EDUCATION. CAHME'S VOLUNTEERS REVIEWED AND REVISED THE EXISTING CRITERIA TO REFLECT THE DIVERSITY OF PRACTICE SETTINGS THAT EMBRACE HEALTHCARE MANAGEMENT AND REQUIRE FLEXIBILITY IN THE APPLICATION OF COMPETENCY MEASUREMENT AND BY EXTENSION STUDENT OUTCOMES. 3. MAKING THE FINDINGS OF CAHME'S ACTIVITIES AVAILABLE TO THE PUBLIC.
CAHME AWARDS PROGRAM:THE MISSION OF THE CAHME AWARDS PROGRAM IS TO RECOGNIZE EXCELLENCE IN GRADUATE HEALTHCARE MANAGEMENT EDUCATION WITHIN CAHME ACCREDITED PROGRAMS IN PARTNERSHIP WITH OTHER HEALTH-SECTOR ORGANIZATIONS. THE AWARD PROGRAM ENHANCES CAHME'S POSITIVE INFLUENCE ON GRADUATE PROGRAMS IN HEALTHCARE MANAGEMENT EDUCATION BY PUBLICIZING EXCELLENCE IN THE TRADE PRESS AND AT PROFESSIONAL CONFERENCES, VIA SOCIAL MEDIA, AND THROUGH OUR WEBSITE. THIS INCREASES THE PROFESSION'S AWARENESS AND IMPORTANCE OF CAHME, EXPOSES PROSPECTIVE STUDENTS TO QUALITY ACCREDITED PROGRAMS, AND INCENTIVIZES PROGRAMS TO CONTINUOUSLY IMPROVE THEIR QUALITY. AT THE END FO FY 2024, CAHME PRESENTED TWO AWARDS: THE CAHME-CANON AWARD FOR SUSTAINABILITY AND THE CAHME-GEORGE AND REGI HERZLINGER INNOVATION EDUCATION AWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Stanowski President & CEO | OfficerTrustee | 40 | $386,125 |
Todd Nelson Chair | OfficerTrustee | 2 | $0 |
Bankole Olatosi Chair-Elect | OfficerTrustee | 2 | $0 |
Forest Kim Past Chair | OfficerTrustee | 2 | $0 |
Ronald Holder Secretary/treasurer | OfficerTrustee | 2 | $0 |
Jeffrey Conner Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $220,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,367 |
| Noncash contributions included in lines 1a–1f | $55,265 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $475,367 |
| Total Program Service Revenue | $1,162,832 |
| Investment income | $86,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,728,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $37,698 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $470,597 |
| Compensation of current officers, directors, key employees. | $141,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $482,327 |
| Pension plan accruals and contributions | $24,810 |
| Other employee benefits | $13,820 |
| Payroll taxes | $50,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $850 |
| Fees for services: Accounting | $31,228 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,737 |
| Advertising and promotion | $91,627 |
| Office expenses | $17,221 |
| Information technology | $56,267 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,599 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,302 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $296 |
| Insurance | $5,350 |
| All other expenses | $10,795 |
| Total functional expenses | $1,627,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,432 |
| Savings and temporary cash investments | $1,211,865 |
| Pledges and grants receivable | $13,750 |
| Accounts receivable, net | $14,605 |
| 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 | $27,119 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $841,241 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,368,012 |
| Accounts payable and accrued expenses | $244,411 |
| Grants payable | $0 |
| Deferred revenue | $599,749 |
| 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 | $0 |
| Total liabilities | $844,160 |
| Net assets without donor restrictions | $1,330,147 |
| Net assets with donor restrictions | $193,705 |
| 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 | $2,368,012 |
Grants Awarded
Over the last fiscal year, Commission On Accreditation Of Healthcare Management Education has awarded $18,360 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MEMPHIS FOUNDATION PURPOSE: LEADERSHIP AWARD AND INNOVATION GRANT | $10,000 |
UNIVERSITY OF SCRANTON HEALTH ADMINISTRATION & HUMAN RESOURCES PURPOSE: LEADERSHIP AWARD AND INNOVATION GRANT | $8,360 |