Des Moines Area Medical Education Consortium Inc is located in Des Moines, IA. The organization was established in 1994. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines Area Medical Education Consortium 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 06/2023, Des Moines Area Medical Education Consortium Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE HIGH QUALITY GRADUATE AND UNDERGRADUATE MEDICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL EDUCATIONTHE DES MOINES AREA MEDICAL EDUCATION CONSORTIUM, INC. PROVIDES MEDICAL TRAINING TO UNIVERSITY OF IOWA CARVER COLLEGE OF MEDICINE (UICCOM) MEDICAL STUDENTS AND COORDINATES MEDICAL TRAINING FOR THE UNIVERSITY OF IOWA HOSPITALS AND CLINICS (UIHC) RESIDENT PHYSICIANS. THE DES MOINES HEALTH CARE INSTITUTIONS WHICH ARE MEMBERS OF THE CONSORTIUM AND TRAIN THESE RESIDENTS AND STUDENTS ARE BROADLAWNS MEDICAL CENTER AND THE CENTRAL IOWA HOSPITAL CORPORATION. THESE DES MOINES HEALTH CARE INSTITUTIONS SPONSOR NINE RESIDENCY PROGRAMS THAT TRAIN APPROXIMATELY 153 RESIDENT PHYSICIANS IN EIGHT SPECIALTY AREAS AND PROVIDE TRAINING FOR UIHC RESIDENTS IN ANESTHESIA, OBSTETRICS/GYNECOLOGY, AND PEDIATRICS. THESE INSTITUTIONS ALSO PROVIDE CLINICAL TRAINING TO SECOND-YEAR, THIRD-YEAR, AND FOURTH-YEAR MEDICAL STUDENTS IN DES MOINES. MEDICAL STUDENTS COMPLETE CORE CLERKSHIP TRAINING DURING THE SECOND-HALF OF THEIR SECOND YEAR AND IN THE FIRST HALF OF THEIR THIRD-YEAR. THIRD-YEAR STUDENTS, IN THE SECOND-HALF OF THEIR THIRD YEAR, AND FOURTH-YEAR STUDENTS MAY COMPLETE THEIR ADVANCED PATHWAY TRAINING IN DES MOINES. IN 2022-2023, 65 MEDICAL STUDENTS COMPLETED 179 CORE CLERKSHIP ROTATIONS WHILE AN ADDITIONAL 39 MEDICAL STUDENTS COMPLETED A TOTAL OF 52 ADVANCED PATHWAY TRAINING ROTATIONS.IN ADDITION TO THESE EDUCATIONAL ACTIVITIES, THE CONSORTIUM PROVIDES OTHER EDUCATIONAL OFFERINGS TO MEMBER INSTITUTIONS. THE CONSORTIUM SPONSORS A JOINT ORIENTATION PROGRAM FOR ALL NEW RESIDENTS EACH YEAR IN JUNE, ALONG WITH A SERIES OF EVIDENCE-BASED MEDICINE EDUCATIONAL PROGRAMS.THE CONSORTIUM COORDINATES THE SCHEDULING OF A CERTIFICATION COURSES IN ADVANCED CARDIAC LIFE SUPPORT FOR MEDICAL STUDENTS.THE CONSORTIUM COORDINATES THE UICCOM FACULTY APPOINTMENT AND REAPPOINTMENT PROCESS FOR DES MOINES FACULTY INVOLVED IN THE TEACHING OF MEDICAL STUDENTS AND UIHC RESIDENT PHYSICIANS. FINALLY, THE CONSORTIUM CONDUCTS FACULTY DEVELOPMENT PROGRAMS ON A QUARTERLY BASIS FOR ALL FACULTY TEACHING MEDICAL STUDENTS AND RESIDENT PHYSICIANS AT THE DES MOINES MEMBER INSTITUTIONS. THESE PROGRAMS ARE CONDUCTED IN COOPERATION WITH THE OFFICE OF CONSULTATION AND RESEARCH IN MEDICAL EDUCATION AT THE UNIVERSITY OF IOWA (OCRME). OFFICE FACILITIES ARE PROVIDED TO THE ORGANIZATION AT NO CHARGE BY THE CENTRAL IOWA HOSPITAL CORPORATION. THE VALUE OF THE DONATED SPACE INCLUDED AS CONTRIBUTIONS IN THE FINANCIAL STATEMENTS AND THE CORRESPONDING PROGRAM EXPENSES FOR BOTH YEARS ENDED JUNE 30, 2023 AND 2022 WAS $9,229. THE CENTRAL IOWA HOSPITAL CORPORATION HAS THE RIGHT TO TERMINATE THE LEASE UPON NINETY DAYS NOTICE. UPON TERMINATION, THE ORGANIZATION SHALL BE ENTITLED TO RELOCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Coleman Board Secretary/treasurer | OfficerTrustee | 1 | $0 |
Chris Cooper MD Board Member | Trustee | 1 | $0 |
Dana Danley MD Board Member (fr 3/23) | Trustee | 1 | $0 |
Brooks Jackson MD Board Vice Chair | OfficerTrustee | 1 | $0 |
Larry Severidt MD Board Member (to 3/23) | Trustee | 1 | $0 |
David Stark Board Chair | OfficerTrustee | 1 | $0 |
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 | $1,077,114 |
Investment income | $53 |
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 | $1,077,167 |
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. | $353,134 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $138,265 |
Pension plan accruals and contributions | $8,103 |
Other employee benefits | $10,572 |
Payroll taxes | $24,918 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $197,250 |
Advertising and promotion | $0 |
Office expenses | $14,119 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $208,285 |
Travel | $5,128 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,910 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,844 |
All other expenses | $0 |
Total functional expenses | $1,042,395 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $384,836 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,866 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $9,268 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $403,970 |
Accounts payable and accrued expenses | $74,863 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $74,863 |
Net assets without donor restrictions | $329,107 |
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 | $403,970 |