Arizona Medical Association Inc
- Assets
- $2.3m
- Revenue
- $2.0m
- Investments
- $146.6k
- Employees
- 21
- Location
- Phoenix, AZ
- Founding
- 03/1953
- Data as of
- 12/2023
- EIN
- 86-0095708
Organization Overview
Arizona Medical Association Inc is located in Phoenix, AZ. The organization was established in 1953. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2023, Arizona Medical Association Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Medical 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 12/2023, Arizona Medical Association Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 9 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
THE ARIZONA MEDICAL ASSOCIATION IS THE STRONGEST ADVOCATE, ALLY, AND RESOURCE FOR ARIZONA'S PHYSICIANS AND PHYSICIANS-IN-TRAINING. TOGETHER, WE ARE FOSTERING THE PRACTICE OF MEDICINE, CHAMPIONING PATIENT CARE, AND STRENGTHENING THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARMA SERVES THE INTEREST OF MEMBER PHYSICIANS IN ARIZONA. IN SERVING ITS MEMBERS, ARMA PROVIDES THE FOLLOWING ACTIVITIES: (1) ADVOCACY - ARMA REPRESENTS PHYSICIAN MEMBERS BEFORE THE LEGISLATURE AND STATE AGENCIES, HEALTH PLANS, MEDIA, AND GENERAL PUBLIC. ARMA IS ACTIVELY INVOLVED TO IMPROVE ACCESS TO CARE THROUGHOUT ARIZONA.(2) MEDICAL PRACTICE - ARMA OFFERS ASSESSMENTS, TRAINING, AND SUPPORT FOR PRACTICE OPERATIONS. ARMA PRESENTS A VARIETY OF EDUCATIONAL PROGRAMS AND ONLINE RESOURCES ON BUILDING ESSENTIAL PRACTICE OPERATIONAL SKILLS FOR ALL MEMBERS.(3) ARMA HAS BEEN A KEY LEADER IN ADDRESSING THE WORKFORCE SHORTAGES IN ARIZONA WORKING WITH OTHER HEALTHCARE STAKEHOLDERS AND THE STATE TO DETERMINE PLANS OF ACTION TO ADDRESS WORKFORCE SHORTAGES AND CREATE STRATEGIC TO REDUCE SHORTAGES IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hartmark-Hill MD Immediate Past President | OfficerTrustee | 1 | $20,302 |
William Thompson MD President | OfficerTrustee | 1 | $0 |
Nadeem Kazi MD President-Elect | OfficerTrustee | 1 | $0 |
Jason Jameson MD Secretary | OfficerTrustee | 1 | $0 |
James Nachbar MD Treasurer | OfficerTrustee | 1 | $0 |
Timothy Beger MD At-Large Member Executive Committee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,535 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $479,694 |
| Noncash contributions included in lines 1a–1f | $7,210 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,229 |
| Total Program Service Revenue | $1,409,790 |
| Investment income | $37,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,951,292 |
| 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. | $292,972 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $850,797 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $120,375 |
| Payroll taxes | $78,796 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,082 |
| Fees for services: Accounting | $751 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,865 |
| Fees for services: Other | $1,756 |
| Advertising and promotion | $16,710 |
| Office expenses | $26,309 |
| Information technology | $20,084 |
| Royalties | $0 |
| Occupancy | $112,433 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,358 |
| Interest | $287 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,424 |
| Insurance | $13,631 |
| All other expenses | $10,695 |
| Total functional expenses | $1,965,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,917 |
| Savings and temporary cash investments | $100,017 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,637 |
| 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 | $54,041 |
| Net Land, buildings, and equipment | $37,621 |
| Investments—publicly traded securities | $1,170,568 |
| Investments—other securities | $146,581 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $455,645 |
| Total assets | $2,289,027 |
| Accounts payable and accrued expenses | $128,176 |
| Grants payable | $0 |
| Deferred revenue | $400,030 |
| 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 | $532,141 |
| Total liabilities | $1,060,347 |
| Net assets without donor restrictions | $1,228,680 |
| 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 | $2,289,027 |