Washington State Medical Group Management Association
- Assets
- $141.9k
- Revenue
- $111.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Sherwood, OR
- Founding
- 10/1974
- Data as of
- 12/2021
- EIN
- 91-6182713
Organization Overview
Washington State Medical Group Management Association is located in Sherwood, OR. The organization was established in 1974. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, 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. Washington State Medical Group Management Association 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 12/2021, Washington State Medical Group Management Association generated $111.1k 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 (19.0%) each year. All expenses for the organization totaled $126.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WASHINGTON STATE MEDICAL GROUP MANAGEMENT ASSOCIATION (WSMGMA) MEMBERS LEAD AND MANAGE MEDICAL PRACTICES - A COMPLEX AND CHALLENGING PROFESSION THAT COMBINES BROAD KNOWLEDGE WITH CUTTING-EDGE EXPERTISE AND PRACTICAL SKILLS WITH THE EXPERIENCE TO APPLY THEM. DECISIONS MADE BY MEDICAL PRACTICE MANAGERS AFFECT EVERY ASPECT OF SUCCESSFUL MEDICAL PRACTICE OPERATIONS, FROM PATIENT CARE TO A HEALTHY BOTTOM LINE. SUPPORTING THE CONTINUAL PROFESSIONAL DEVELOPMENT OF ITS MEMBERS, WSMGMA ADVANCES LEADERSHIP AND ADMINISTRATION IN HEALTHCARE THROUGH SHARING INFORMATION, EDUCATION, ADVOCACY, COMMUNICATION AND NETWORKING ACTIVITIES. FOR OVER FIFTY YEARS, WSMGMA HAS BEEN CONTRIBUTING TO THE SUCCESS OF ITS MEMBERS. FOUNDED IN 1956 BY A SMALL GROUP OF CONCERNED PRACTICE MANAGERS, THIS THRIVING ASSOCIATION NOW INCLUDES MORE THAN 400 MANAGER AND ADMINISTRATOR MEMBERS FROM ALL OVER WASHINGTON, AND IS ONE OF THE MOST DYNAMIC MGMA ORGANIZATIONS IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL EDUCATION CONFERENCE - VARIOUS TOPICS DEDICATED TO MEDICAL GROUP MANAGEMENT INCLUDING IMPROVEMENT OF CLINICAL OPERATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy Zaubi Executive Director | Officer | 16 | $63,700 |
Amber Pederson President | OfficerTrustee | 2 | $0 |
Kris Linden Treasurer | OfficerTrustee | 1 | $0 |
Jason Dotson Vice-President | OfficerTrustee | 1 | $0 |
Cynthia Borja Secretary | OfficerTrustee | 1 | $0 |
Becky Coen Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,973 |
| 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 | $37,973 |
| Total Program Service Revenue | $68,495 |
| Investment income | $43 |
| 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 | $111,140 |
| 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. | $63,700 |
| Compensation of current officers, directors, key employees. | $12,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,259 |
| Advertising and promotion | $659 |
| Office expenses | $4,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,682 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,403 |
| All other expenses | $0 |
| Total functional expenses | $126,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,461 |
| Savings and temporary cash investments | $92,446 |
| 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 | $141,907 |
| 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 | $141,907 |
| Total liabilities and net assets/fund balances | $141,907 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Washington State Medical Group Management Association has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Peacehealth Vancouver, WA PURPOSE: COMMUNITY HEALTH NEEDS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspire Health Plan Monterey, CA | $18,926,964 | $76,415,009 |
Aocds Medical Benefits Trust Santa Ana, CA | $48,989,840 | $75,173,933 |
Washington Township Medical Foundation Fremont, CA | $11,186,588 | $49,801,998 |
Teton Valley Health Care Inc Driggs, ID | $19,138,827 | $28,172,165 |
University Of Nevada School Of Med Multispecialty Group Practice Nort Reno, NV | $4,763,933 | $16,309,444 |
Pomona Community Health Center Pomona, CA | $7,919,334 | $13,089,731 |
Waterfall Clinic Incorporated North Bend, OR | $5,984,282 | $9,513,372 |
Archstone Foundation Long Beach, CA | $122,922,827 | $56,084,348 |
Good Samaritan Medical Office Bldg Inc Los Angeles, CA | $111,631,930 | -$1,035,151 |
Harbor-Ucla Medical Foundation Inc Torrance, CA | $0 | $1,517,778 |
Providence Health Assurance Renton, WA | $324,671,239 | $6,956,104 |
University Of Nevada School Of Medicine Multi-Spec Grp Practice S Reno, NV | $709,983 | $51,213 |