American College Of Healthcare Executives
- Assets
- $48.7m
- Revenue
- $21.4m
- Investments
- $0.0
- Employees
- 98
- Location
- Chicago, IL
- Founding
- 10/1983
- Data as of
- 12/2021
- EIN
- 36-3208430
Organization Overview
American College Of Healthcare Executives, operating under the name Ache, is located in Chicago, IL. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ache employed 98 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ache 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, Ache generated $21.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $12.2m during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 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.
Since 2015, Ache has awarded 38 individual grants totaling $829,230. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE MEMBERS AND HEALTHCARE LEADERSHIP EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FELLOW OF THE AMERICAN COLLEGE OF HEALTHCARE EXECUTIVES (FACHE) CREDENTIAL DENOTES BOARD CERTIFICATION IN HEALTHCARE MANAGEMENT. EARNING THE DISTINCTION OF BOARD CERTIFICATION IN HEALTHCARE MANAGEMENT AS A FACHE SIGNIFIES INDUSTRY EXPERTISE, EXPERIENCE, AND COMMITMENT TO CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT. HAVING THE FACHE CREDENTIAL INDICATES A LEVEL OF ACHIEVEMENT IN THE PROFESSION.
HEALTHCARE EXECUTIVE IS THE PREMIER HEALTHCARE MANAGEMENT PERIODICAL IN THE INDUSTRY, PROVIDING INDUSTRY LEADERS WITH THE MOST CURRENT TRENDS THAT DIRECTLY AFFECT THE DAILY CHALLENGES THEY FACE. THE MAGAZINE FOCUSES ON CRITICAL INDUSTRY TOPICS, BEST PRACTICES AND MANAGEMENT ADVICE, STRATEGIES, AND REAL-WORLD SOLUTIONS FOR MEETING EVOLVING CHALLENGES.
AMERICAN COLLEGE OF HEALTHCARE EXECUTIVES PROVIDES THE TOOLS NEEDED TO MANAGE THE HEALTHCARE EXECUTIVE'S CAREER BY OFFERING WORKSHOPS COVERING LEADERSHIP, MANAGEMENT SKILLS AND CAREER PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah J Bowen Fache President And CEO | Officer | 20 | $1,775,456 |
Joseph W Cruitt CPA Cgma Senior Vp, Chief Admin/fin Officer | Officer | 20 | $300,465 |
Frank W Austin Senior Vp, Marketing | Officer | 40 | $293,683 |
David N Bartholomew Senior Vp, Learning | Officer | 0.1 | $263,556 |
Anita J Halvorsen Senior Vp, Executive Engagement | Officer | 40 | $240,965 |
Christopher E Maynard Vp, It & Cio | Officer | 40 | $195,175 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
360 Live Media Llc It Support And Consulting | 12/30/21 | $574,950 |
Meeting Play Llc It Support And Consulting | 12/30/21 | $335,660 |
Higher Logic Llc It Support And Consulting | 12/30/21 | $328,866 |
Abila It Support And Consulting | 12/30/21 | $264,275 |
Solstice Consulting Llc Strategy Consulting Services | 12/30/21 | $245,000 |
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 | $10,130,916 |
| Investment income | $549,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $46,391 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,556,085 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,444,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,219 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,677 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,319,276 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,213,800 |
| Pension plan accruals and contributions | $435,199 |
| Other employee benefits | $633,157 |
| Payroll taxes | $504,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,313 |
| Fees for services: Accounting | $97,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,075 |
| Fees for services: Other | $1,886,841 |
| Advertising and promotion | $112,981 |
| Office expenses | $840,028 |
| Information technology | $1,847,717 |
| Royalties | $0 |
| Occupancy | $1,303,373 |
| Travel | $25,472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,204 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,157,213 |
| Insurance | $153,274 |
| All other expenses | $69,034 |
| Total functional expenses | $12,227,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543 |
| Savings and temporary cash investments | $2,644,863 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,565,032 |
| 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 | $673,745 |
| Net Land, buildings, and equipment | $4,378,502 |
| Investments—publicly traded securities | $37,404,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,012,819 |
| Total assets | $48,680,391 |
| Accounts payable and accrued expenses | $3,817,895 |
| Grants payable | $0 |
| Deferred revenue | $5,875,485 |
| 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 | $11,270,501 |
| Total liabilities | $20,963,881 |
| Net assets without donor restrictions | $27,716,510 |
| 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 | $48,680,391 |
Grants Awarded
Over the last fiscal year, American College Of Healthcare Executives has awarded $80,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: General Support | $25,000 |
PURPOSE: General Support | $25,000 |
Itasca, IL PURPOSE: General Support | $10,000 |
Washington, DC PURPOSE: General Support | $10,000 |
Washington, DC PURPOSE: General Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American College Of Healthcare Executives has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Hackensack Meridian Health Inc Edison, NJ PURPOSE: SPONSORSHIP | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |
Aisc Holdings Inc Chicago, IL | $39,650,514 | $25,378,611 |
American College Of Surgeons Professional Association Chicago, IL | $12,847,056 | $21,670,888 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |