American Medical Group Association Inc
- Assets
- $20.4m
- Revenue
- $16.7m
- Investments
- $0.0
- Employees
- 58
- Location
- Alexandria, VA
- Founding
- 01/1952
- Data as of
- 12/2023
- EIN
- 54-0536002
Organization Overview
American Medical Group Association Inc, operating under the name Amga Inc, is located in Alexandria, VA. The organization was established in 1952. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Amga Inc employed 58 individuals. This organization is the central organization for a national or regional group of organizations. Amga 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 12/2023, Amga Inc generated $16.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $16.9m during the year ending 12/2023. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMGA, INC. IMPROVES HEALTHCARE FOR PATIENTS BY SUPPORTING MULTISPECIALTY MEDICAL GROUPS AND OTHER ORGANIZED SYSTEMS OF CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS THROUGHOUT THE YEAR ARE HELD WHICH BRING TOGETHER EXECUTIVES FROM MEMBER AND NON-MEMBER GROUPS AND OTHER INTERESTED PARTIES TO EDUCATE THEM ABOUT THE LATEST DEVELOPMENTS IN THE FIELD, TO ADDRESS ISSUES AND PROBLEMS AFFECTING THE MEMBERS ORGANIZATIONS, TO PROVIDE NETWORKING OPPORTUNITIES, TO LEARN ABOUT BEST PRACTICES IN PATIENT CARE, AND TO PROVIDE GOVERNMENT AND REGULATORY UPDATES.
GOVERNMENT RELATIONS - INVOLVED IN THE SUBMISSION OF STATEMENTS AND COMMUNICATIONS TO LEGISLATORS AND MEMBERS RELATING TO EXISTING, PENDING OR PROPOSED LEGISLATION OF DIRECT INTEREST TO TAXPAYERS AND MEMBERS.
RESEARCH AND ANALYTICS OFFERS ROBUST RESOURCES FOR DATA ANALYSIS AND IMPLEMENTATION RESEARCH. ASSISTING MEMBERS IN IMPROVING POPULATION HEALTH, USING COMPARATIVE BENCHMARKING TO DISCOVER OPPORTUNITIES, AND PREDICTIVE ANALYTICS TO IDENTIFY HIGH-RISK PATIENTS. THROUGH IMPLEMENTATION SCIENCE, SUPPORT MEMBERS ADOPTION OF NEW RESEARCH AND IMPLEMENTATION OF INTERVENTIONS INTO ROUTINE PRACTICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard H Bone MD Director | Trustee | 1 | $0 |
Larry Tatum MD Treasurer | OfficerTrustee | 1 | $0 |
Mary Jo Williamson At Large Member | Trustee | 1 | $0 |
Daniel M Duncanson MD Cpe Director | Trustee | 1 | $0 |
Stephanie Copeland MD MBA Faap Director | Trustee | 1 | $0 |
Theresa Frei RN Bsn MBA Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stemptech It Support And Services | 12/30/23 | $441,229 |
Blue Modus Inc Website Design And Maintenace | 12/30/23 | $282,798 |
Mehlman Public Policy/monitoring | 12/30/23 | $120,000 |
Applied Policy Llc Public Policy Consulting | 12/30/23 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,955,324 |
| 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 | $5,955,324 |
| Total Program Service Revenue | $10,307,682 |
| Investment income | $220,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,652 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,889 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,726,333 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $163,750 |
| 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. | $1,890,792 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,933,960 |
| Pension plan accruals and contributions | $407,210 |
| Other employee benefits | $412,884 |
| Payroll taxes | $482,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,180 |
| Fees for services: Accounting | $47,118 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,511 |
| Fees for services: Other | $2,798,637 |
| Advertising and promotion | $173,559 |
| Office expenses | $112,981 |
| Information technology | $694,119 |
| Royalties | $0 |
| Occupancy | $155,417 |
| Travel | $347,537 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,607,005 |
| Interest | $34,513 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $267,577 |
| Insurance | $25,656 |
| All other expenses | $0 |
| Total functional expenses | $16,859,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $672,403 |
| Savings and temporary cash investments | $1,480,356 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,205,205 |
| 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 | $586,823 |
| Net Land, buildings, and equipment | $8,765,927 |
| Investments—publicly traded securities | $5,695,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,951,308 |
| Total assets | $20,357,430 |
| Accounts payable and accrued expenses | $1,189,231 |
| Grants payable | $0 |
| Deferred revenue | $4,346,396 |
| 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 | $835,114 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $502,336 |
| Total liabilities | $6,873,077 |
| Net assets without donor restrictions | $13,484,353 |
| 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 | $20,357,430 |
Grants Awarded
Over the last fiscal year, American Medical Group Association Inc has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMGA FOUNDATION INC PURPOSE: TO SUPPORT THE FOUNDATION. | $150,000 |