Healthcare Business Management Association Inc

Organization Overview

Healthcare Business Management Association Inc is located in Laguna Beach, CA. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Healthcare Business Management Association Inc 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 12/2022, Healthcare Business Management Association Inc generated $980.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $774.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATION, TRAINING, CERTIFICATION, GOVT RELATIONS, COMPLIANCE PROGRAMS, AND NETWORKING TO HEALTHCARE BILLING PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP SERVICES - PROVIDES FOR AN ANNUAL DIRECTORY OF MEMBERS WHICH FACILITATES AND ENCOURAGES A NETWORK FOR THE EXCHANGE OF INFORMATION AND IDEAS.


HBMA PROVIDES AN ANNUAL COMPLIANCE SYMPOSIUM IN THE SPRING, AN ANNUAL MEMBERSHIP MEETING IN THE FALL, COMPLIANCE ACCREDIDATION, AND WEBINARS.


HBMA PROVDES NEWSLETTERS AND PUBLICATIONS TWICE A MONTH TO THE MEMBERS. MEMBERS RECEIVE FOUR ISSUES PER YEAR OF THE RCM ADVISOR JOURNAL.


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Board, Officers & Key Employees

Name (title)Compensation
Landon Tooke
President
$0
Kirk Reinitz
Treasurer
$0
Roxanne Smith-Kovac
Secretary
$0
Jennifer L Hicks
Past President
$0
Susan Bailie
Director
$0
Ramesh Gogineni
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Smithbucklin Corporation
Management
$489,295
Capitol Associates Inc
Government Relations
$81,055
View All Vendors

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$2,652
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,652
Total Program Service Revenue$929,603
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $47,844
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 $980,099

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