2023-04-11T17:16:58-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2021-07-01 452766110 MGMA-ACMPE MGMA 3037991111 104 INVERNESS TERRACE EAST ENGLEWOOD CO 801125313 AKASH MADIAH CFO 3037991111 2023-04-07 1 AKASH MADIAH XXX-XX-XXXX SARAH HINTZ P00492291 3037795710 2023-04-07 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z AKASH MADIAH 104 INVERNESS TERRACE EAST ENGLEWOOD CO 801125313 47521389 0 X WWW.MGMA.COM X 2011 CO SERVE MEMBERS, CUSTOMERS, AND THE HEALTHCARE COMMUNITY AS A TRUSTED PARTNER. 15 15 242 369 1685078 0 906468 2513586 27745836 32490139 1267533 989941 6298 93551 29926135 36087217 0 0 0 0 17852781 19331042 0 0 0 8564262 12488103 26417043 31819145 3509092 4268072 57976484 54755762 14887425 13689224 43089059 41066538 X MGMA SERVES MEMBERS, CUSTOMERS, AND THE HEALTHCARE COMMUNITY AS A TRUSTED PARTNER BY DELIVERING INSIGHTS, SOLUTIONS, AND ADVOCACY TO ACHIEVE MEDICAL PRACTICE EXCELLENCE. 0 0 MEMBERSHIP SERVICES - AS THE ASSOCIATION FOR PROFESSIONALS IN THE FIELD OF MEDICAL GROUP PRACTICE ADMINISTRATION, THE ASSOCIATION PROVIDED SERVICES TO ITS MEMBERS INCLUDING COMMUNICATIONS ON PERTINENT ISSUES OF THE PROFESSION, INFORMATION ON PRODUCTS AND SERVICES AND OTHER ACTIVITIES TO PROMOTE THE MEDICAL GROUP PRACTICE ADMINISTRATION INDUSTRY AND ITS MEMBERS. THE ASSOCIATION SERVES MORE THAN 60,000 MEMBERS. IN ADDITION, THE ASSOCIATION'S GOVERNMENT AFFAIRS STAFF MONITORED AND ENGAGED IN ADVOCACY EFFORTS RELATED TO FEDERAL LEGISLATION AND REGULATIONS THAT AFFECT MEDICAL GROUP PRACTICES. THE GOVERNMENT AFFAIRS STAFF ALSO EDUCATED THE MEMBERSHIP ON HEALTH CARE NEWS, EVENTS AND CHANGING FEDERAL REQUIREMENTS. THEY PUBLISHED APPROXIMATELY 62 EDUCATIONAL ELECTRONIC NEWSLETTERS WITH AN AVERAGE CIRCULATION OF APPROXIMATELY 41,000. EDUCATION AND CERTIFICATION - THE ASSOCIATION PROVIDED MEDICAL PRACTICE MANAGEMENT ADMINISTRATION EDUCATION TO APPROXIMATELY 13,000 ATTENDEES, PRESENTING EDUCATION VIA FORMAL CLASSROOM PROGRAMMING ON A NATIONAL, REGIONAL AND STATE BASIS. THE ASSOCIATION PROVIDED EDUCATION FOR 2,000 ATTENDEES AT FACE TO FACE EVENTS AND 4,400 AT DIGITAL CONFERENCES. COMPUTER-BASED AND AUDIO-CONFERENCE TRAINING WAS PRESENTED TO APPROXIMATELY 6,400 ATTENDEES. IN ADDITION, CERTIFICATES, BOARD CERTIFICATION, AND FELLOWSHIP LEVEL CERTIFICATION ARE OFFERED TO MEMBERS THROUGH MEETING ESTABLISHED CORE COMPETENCIES AND OBJECTIVES IDENTIFIED FOR THE INDUSTRY BY OUR CREDENTIALING BODY. A TOTAL OF 493 CERTIFICATES WERE COMPLETED, 591 EXAM COMPONENTS WERE GIVEN TO EXAMINEES, 92 MEMBERS RECEIVED BOARD CERTIFICATION DURING FY22 AND 32 CERTIFIED MEMBERS WERE ADVANCED TO FELLOW STATUS. SURVEYS AND PUBLICATIONS - THE ASSOCIATION CONDUCTED ANNUAL SURVEYS DESIGNED TO PROVIDE CRITICAL INFORMATION FOR BUSINESS PLANNING, MANAGEMENT, STAFFING AND COMPENSATION PURPOSES. THE ASSOCIATION PUBLISHED 7 ELECTRONIC AND 1 PRINTED SURVEY REPORTS PRESENTING BENCHMARKING DATA AND SOLD APPROXIMATELY 5,000 SURVEYS. IN ADDITION THE ASSOCIATION PUBLISHED PRINT AND EBOOKS AND SOLD APPROXIMATELY 6,000 MANUALS AND TEXTBOOKS ON MEDICAL PRACTICE MANAGEMENT TOPICS, INCLUDING RESOURCES FROM OTHER PUBLISHERS. 0 1 0 1 0 0 0 0 1 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 91 0 1 242 1 1 1 0 0 0 0 0 1 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X AKASH MADIAH 3037991111 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 HALEE FISCHER-WRIGHT PRESIDENT/CEO 40.00 6.00 X 1211785 0 57573 RONALD HOLDER COO 40.00 6.00 X 558174 0 60510 AKASH MADIAH CFO 40.00 6.00 X 503509 0 46309 ANDERS GILBERG SR VP GOVERNMENT RELATIONS 40.00 0.00 X 387936 0 52486 ANDREW SWANSON VP INDUSTRY INSIGHTS 40.00 0.00 X 300306 0 63848 TRACY WATROUS VP CONTENT/MEMBERSHIP 40.00 0.00 X 294790 0 44941 TODD PRESCOTT VP HUMAN RESOURCES 40.00 0.00 X 262077 0 45756 VICTORIA STONE VP MARKETING 40.00 0.00 X 264828 0 15751 OWEN KEMP SALES SENIOR MANAGER 40.00 0.00 X 218210 0 35119 ANDREW WALKER DIRECTOR, NATL ORG MEMBERS 40.00 0.00 X 183394 0 43858 BRETT MCCALLON DIRECTOR FINANCE 40.00 0.00 X 171711 0 28168 JILL MACLAY SR ACCT MANAGER, ORGANIZATIONAL MEMBERSHIP 40.00 0.00 X 181975 0 17856 KAREN MARCELO BOARD CHAIR 1.00 3.00 X X 0 0 0 JEFFREY W SMITH VICE CHAIR 1.00 3.00 X X 0 0 0 ERIC D CROCKETT FINANCE/AUDIT CHAIR 1.00 3.00 X X 0 0 0 WILLIAM R HAMBSH PAST BOARD CHAIR 1.00 3.00 X X 0 0 0 RYAN CAMPBELL MEMBER AT LARGE (THRU 10/21) 1.00 3.00 X 0 0 0 JASON CRAIG MEMBER AT LARGE 1.00 3.00 X 0 0 0 PAUL DEMURO MEMBER AT LARGE 1.00 3.00 X 0 0 0 MICHAEL T FUNK MEMBER AT LARGE 1.00 3.00 X 0 0 0 JENNIFER GOSNEY FINANCE/AUDIT VICE CHAIR 1.00 3.00 X 0 0 0 TODD D GRAGES MEMBER AT LARGE (THRU 10/21) 1.00 3.00 X 0 0 0 GENA A GRAVES MEMBER AT LARGE 1.00 3.00 X 0 0 0 CARRIE KOZLOWSKI MEMBER AT LARGE 1.00 3.00 X 0 0 0 MICHAEL O'CONNELL MEMBER AT LARGE 1.00 3.00 X 0 0 0 LOLA A OSAWE MEMBER AT LARGE 1.00 3.00 X 0 0 0 STEVEN QUACH MEMBER AT LARGE 1.00 3.00 X 0 0 0 RICHARD T SCHLOSBERG MEMBER AT LARGE 1.00 3.00 X 0 0 0 PETER VALENZUELA MEMBER AT LARGE 1.00 3.00 X 0 0 0 4538695 0 512175 45 0 1 0 PERFORMANCE ENHANCEMENTS INC 4909 NAUTILUS CT N 221 BOULDER CO 80301 IT SERVICES AND SUPPORT 862984 ENCORE GLOBAL 23918 NETWORK PLACE CHICAGO IL 60673 CONFERENCE AUDIO VISUAL SERVICES 668628 BLUE MODUS 999 18TH ST STE 3000 DENVER CO 80202 IT SERVICES AND SUPPORT 489476 CENTERPLATE 111 W HARBOR DR SAN DIEGO CA 92101 CONFERENCE F&B SERVICES 400939 THE EURICH GROUP LLC 1720 WAZEE ST UNIT 4E DENVER CO 80202 EXECUTIVE CONSULTING SERVICES 252750 19 2513586 2513586 INFORMATION AND PUBLIC 511120 16620533 16528203 92330 MEMBERSHIP DUES 611430 9002830 9002830 CONFERENCE & EDUCATION 611430 4809143 4612511 196632 CONSULTING SERVICES 541900 923862 923862 CERTIFICATION SERVICES 611430 618686 618686 515085 42831 472254 32490139 775563 775563 11618710 11404332 214378 214378 214378 93735 29840 63895 63895 MANAGEMENT FEE 900099 15348 15348 OTHER REVENUE 900099 14308 14308 29656 36087217 30898612 1685078 989941 4026319 11832396 548973 2002576 920778 178712 83518 150036 2411117 1053827 701929 2089630 8876 1653606 338684 2596408 5000 262428 207165 UNRELATED BUS. INC. TAX 82505 MAINTENANCE & REPAIRS 229422 MISC. EXPENSE 140964 MEMBERSHIP DUES & FEES 130405 163871 31819145 8093078 5081361 1423705 2025411 1073553 1020221 5927617 4492159 1394641 1435458 34091151 33140083 9634279 9634279 2266077 2418949 57976484 54755762 3181279 3291348 9172011 10372360 2500000 0 34135 25516 14887425 13689224 X 43089059 41066538 43089059 41066538 57976484 54755762 X 4268072 -6290973 380 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 9002830 454925 454925 900283 -445358 1396483 1773 -181818 28000 8277 1180161 1137631 840 292205 26500 7693 1396483 1165754 1165 5932 28000 7220 1137631 1145762 1130 56773 31000 6911 1165754 1091591 847 93174 31060 8791 1145762 0.14450 0.64430 0.21120 0 1 1 887241 336310 550931 962077 813208 148869 4078299 3342641 735658 1435458 MGMA REALTY, CORP. 9384279 C MGMA SERVICES, INC. 250000 C 9634279 CAPITAL LEASE OBLIGATIONS 25516 25516 X 29379318 -6290973 -266890 -6557863 35937181 150036 150036 36087217 31706054 36945 36945 31669109 150036 150036 31819145 PART V, LINE 4: MGMA - SFI (SCHOLARSHIP FUND INC) IS A CONTROLLED ORGANIZATION OF MGMA -ACMPE. THE ENDOWMENT IS HELD BY MGMA - SFI AND USED TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS SEEKING EDUCATION IN THE MEDICAL PRACTICE ADMINISTRATION FIELD. PART X, LINE 2: THE ASSOCIATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN. AFTER EVALUATING THE POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS MANAGEMENT AND GENERAL EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JUNE 30, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACMPE SCHOLARSHIP FUND INC. REVENUE 35,862. INTERCOMPANY ELIMINATIONS -706,586. MGMA REALTY CORP. REVENUE 691,238. MGMA CENTER FOR RESEARCH, INC. REVENUE 7,436. GAIN ON DEFERRED TAX ASSEST (NET OF CURRENT TAX EXPENSE) 380. MGMA CENTER FOR RESEARCH, INC. UNREALIZED GAIN -58,530. ACMPE SCHOLARSHIP FUND INC. UNREALIZED GAIN -236,690. PART XII, LINE 2D - OTHER ADJUSTMENTS: MGMA CENTER FOR RESEARCH, INC. EXPENSES 5,716. ACMPE SCHOLARSHIP FUND INC. EXPENSES 44,813. MGMA REALTY CORP. EXPENSES 691,238. MGMA SERVICES, INC. EXPENSES 1,765. INTERCOMPANY ELIMINATIONS -706,587. 1 X X X X 0 0 0 HALEE FISCHER-WRIGHT PRESIDENT/CEO 809703 0 377398 0 24684 0 37831 0 19742 0 1269358 0 0 0 RONALD HOLDER COO 369906 0 186550 0 1718 0 33166 0 27344 0 618684 0 0 0 AKASH MADIAH CFO 334416 0 166563 0 2530 0 34354 0 11955 0 549818 0 0 0 ANDERS GILBERG SR VP GOVERNMENT RELATIONS 295461 0 89081 0 3394 0 33466 0 19020 0 440422 0 0 0 ANDREW SWANSON VP INDUSTRY INSIGHTS 223342 0 75244 0 1720 0 29984 0 33864 0 364154 0 0 0 TRACY WATROUS VP CONTENT/MEMBERSHIP 230167 0 60149 0 4474 0 30534 0 14407 0 339731 0 0 0 TODD PRESCOTT VP HUMAN RESOURCES 204547 0 55000 0 2530 0 26058 0 19698 0 307833 0 0 0 VICTORIA STONE VP MARKETING 210742 0 52500 0 1586 0 9326 0 6425 0 280579 0 0 0 OWEN KEMP SALES SENIOR MANAGER 81765 0 136303 0 142 0 23707 0 11412 0 253329 0 0 0 ANDREW WALKER DIRECTOR, NATL ORG MEMBERS 144847 0 37312 0 1235 0 16573 0 27285 0 227252 0 0 0 BRETT MCCALLON DIRECTOR FINANCE 155546 0 15000 0 1165 0 17030 0 11138 0 199879 0 0 0 JILL MACLAY SR ACCT MANAGER, ORGANIZATIONAL MEMB 86610 0 94391 0 974 0 17575 0 281 0 199831 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE FOLLOWING: CHAIR OF THE BOARD, VICE CHAIR OF THE BOARD, IMMEDIATE PAST CHAIR OF THE BOARD, THE FINANCE AND AUDIT CHAIR AND THE FINANCE AND AUDIT VICE CHAIR. THE EXECUTIVE COMMITTEE SHALL REVIEW AND TAKE ACTION ON ITEMS THAT, IN THE DISCRETION OF THE CHAIR OF THE BOARD, MUST BE ACTED UPON PRIOR TO A FULL MEETING OF THE BOARD, IN SITUATIONS WHERE A MEETING WITH THE FULL BOARD IS NOT PRACTICABLE. ACTIONS OF THE EXECUTIVE COMMITTEE, OTHER THAN THOSE RELATING TO THE SALARY AND PERFORMANCE EVALUATION OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER, SHALL BE POSTED ELECTRONICALLY AS SOON AS PRACTICABLE FOR REVIEW BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE CATEGORIES OF MEMBERS ARE: INDIVIDUAL, STUDENT, FACULTY, HONORARY, DISTINGUISHED, AND LIFE. FORM 990, PART VI, SECTION A, LINE 7A ALL DUES-PAYING AND DISTINGUISHED MEMBERS HAVE THE PRIVILEGE OF VOTING ON SPECIFIED ASSOCIATION MATTERS, NAMELY THE ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALL DUES-PAYING AND DISTINGUISHED MEMBERS HAVE THE PRIVILEGE OF VOTING ON SPECIFIED ASSOCIATION MATTERS, NAMELY THE ELECTION OF DIRECTORS. THEY ALSO HAVE THE PRIVILEGE OF VOTING ON ALL ASSOCIATION MATTERS REQUIRING MEMBERSHIP APPROVAL UNDER THE COLORADO REVISED NONPROFIT CORPORATION ACT, THE ARTICLES OF INCORPORATION, OR THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, THE DIRECTOR OF ACCOUNTING AND THE CFO WILL BE THE FIRST TO REVIEW THE FORM 990 UPON COMPLETION. THE CFO WILL THEN PRESENT THE FORM 990 TO THE FINANCE/AUDIT COMMITTEE FOR A COMPLETE DETAIL REVIEW AND THEIR APPROVAL. ONCE THE FINANCE/AUDIT COMMITTEE HAS APPROVED, THE BOARD MEMBERS WILL RECEIVE A COPY OF THE FORM 990 AND THE CHAIR WILL PRESENT THE FORM 990 FOR APPROVAL BY THE FULL BOARD PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C MGMA-ACMPE'S OFFICERS, BOARD OF DIRECTORS, AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE IN WRITING ON AN ANNUAL BASIS ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. IF ANY CONFLICTS EXIST, THE BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON ANY MATTERS PERTAINING TO THE CONFLICT. THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY INQUIRING AT EACH BOARD MEETING WHETHER THERE HAVE BEEN ANY CHANGES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST SINCE THE BOARD MEMBERS SIGNED THE ANNUAL AFFIRMATION. ALL PROCEDURES RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. MGMA-ACMPE'S FISCAL POLICY, SECTION 2.01(A) OUTLINES THE CONFLICT OF INTEREST POLICY AND PROCEDURE. FORM 990, PART VI, SECTION B, LINE 15 MGMA USES A COMPENSATION CONSULTANT, GALLAGHER BENEFIT SERVICES, INC, TO PROVIDE AN ANALYSIS OF TOTAL COMPENSATION FOR ITS CEO. MGMA HAS A FORMAL STATEMENT OF EXECUTIVE COMPENSATION PHILOSOPHY THAT WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD ON JUNE 23, 2016. THE ANALYSIS INCORPORATED ALL ASPECTS OF COMPENSATION, INCLUDING SALARY, INCENTIVES, BENEFITS, SEVERANCE, AND PERQUISITES. THIS REPORT WAS ISSUED IN JUNE, 2022. IT WAS DETERMINED THAT SHE WOULD BE AWARDED A MARKET INCREASE. THE ANALYSIS WAS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT OF THE BOARD APPROVED AND COMMUNICATED THE APPROVAL TO THE CEO AND TO THE VICE PRESIDENT OF HUMAN RESOURCES. FOR THE REMAINING OFFICERS OF THE ASSOCIATION, COMPENSATION IS REVIEWED ON AN ANNUAL BASIS. THE LAST STUDY WAS COMPLETED IN SPRING 2021. THE STUDY IS COMPLETED BY A COMPENSATION CONSULTANT, GALLAGHER BENEFIT SERVICES, INC TO PROVIDE AN ANALYSIS OF TOTAL COMPENSATION FOR ITS CEO AND OTHER OFFICERS. THIS INFORMATION IS REVIEWED WITH THE CEO. THE INFORMATION IS VALIDATED AGAINST CURRENT MARKET COMPETITIVENESS AGAINST THE EXISTING COMPENSATION FOR EACH EXECUTIVE. FORM 990, PART VI, SECTION C, LINE 19 MGMA-ACMPE POSTS ITS AUDITED CONSOLIDATED FINANCIAL STATEMENTS, IRS FORM 990, AND GOVERNING DOCUMENTS ON ITS WEBSITE. THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON DEFERRED TAX ASSET 380. FORM 990, PART XII LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. MGMA CENTER FOR RESEARCH INC 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 840647139 RESEARCH CO 501(C)(3) LINE 12A, I MGMA-ACMPE 1 MGMA REALTY CORP 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 841119908 REAL ESTATE CO 501(C)(2) N/A MGMA-ACMPE 1 ACMPE SCHOLARSHIP FUND INC 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 201366779 SCHOLARSHIP PROGRAM CO 501(C)(3) LINE 12A, I MGMA-ACMPE 1 MGMA SERVICES INC 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 841546758 BUSINESS VENTURES CO MGMA-ACMPE C 25119 1.00000 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 MGMA REALTY CORP K 691238 ACTUAL EXPENSE MGMA REALTY CORP O 254488 ACTUAL EXPENSE MGMA REALTY CORP D 1195139 INTERCOMPANY RECEIVABLES MGMA CENTER FOR RESEARCH INC E 1163351 INTERCOMPANY PAYABLE MGMA CENTER FOR RESEARCH INC D 1188804 INTERCOMPANY RECEIVABLES ACMPE SCHOLARSHIP FUND INC D 183165 INTERCOMPANY RECEIVABLES