Multi - Specialty Portfolio Approval Program Organization
- Assets
- $0.0
- Revenue
- $200.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 12/2014
- Data as of
- 12/2019
- EIN
- 46-5431221
Organization Overview
Multi - Specialty Portfolio Approval Program Organization is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2019, Multi - Specialty Portfolio Approval Program Organization employed 4 individuals. Multi - Specialty Portfolio Approval Program Organization 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 12/2019, Multi - Specialty Portfolio Approval Program Organization generated $200.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $348.2k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MULTI-SPECIALTY PORTFOLIO APPROVAL PROGRAM (MSPAPO) WILL EXEMPLIFY COLLABORATION, SHARED LEARNING, AND INNOVATION IN PURSUIT OF CERTIFICATION AND IMPROVED PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSPAPO SUPPORTED THE MISSION OF ABMS BY WORKING WITH DIFFERENT HEALTH CARE ORGANIZATIONS TO RECOGNIZE FOR RECERTIFICATION CREDIT THE WORK PHYSICIANS ARE PERFORMING TO IMPROVE THEIR PRACTICES, ENHANCE PATIENT SAFETY, PARTICIPATE IN APPROPRIATE QUALITY IMPROVEMENT WORK AND IMPROVE THE OVERALL CARE DELIVERED TO PATIENTS. MSPAPO OFFERED AN OPTION FOR ORGANIZATIONS TO SUPPORT PHYSICIAN INVOLVEMENT IN LOCAL QUALITY/PERFORMANCE IMPROVEMENT (QI/PI) INITIATIVES AND FACILITATE PHYSICIANS EARNING CREDIT FOR CONTINUING CERTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Hawkins MD President (thru 06/19) | OfficerTrustee | 0.5 | $6,677 |
Laura Skarnulis COO (thru 06/19) | Officer | 0.5 | $3,866 |
David W Price MD Executive Dir.(thru 06/19) | Trustee | 7.5 | $40,929 |
John Mandelbaum Chief Legal Ofcr. (thru 06/19) | Officer | 1 | $5,811 |
Jennifer Michael Chief Info. Ofcr. (thru 06/19) | 0.5 | $2,467 | |
Richard Waters VP Mktg & Commn. (thru 06/19) | 1 | $4,797 |
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 | $200,249 |
| Investment income | $0 |
| 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 | $200,249 |
| 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. | $66,412 |
| Compensation of current officers, directors, key employees. | $36,085 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,067 |
| Pension plan accruals and contributions | $14,126 |
| Other employee benefits | $18,647 |
| Payroll taxes | $16,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,546 |
| Fees for services: Accounting | $11,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,292 |
| Advertising and promotion | $2,446 |
| Office expenses | $3,664 |
| Information technology | $12,191 |
| Royalties | $0 |
| Occupancy | $24,657 |
| Travel | $2,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,539 |
| Insurance | $5,049 |
| All other expenses | $0 |
| Total functional expenses | $348,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |