2023-04-13T13:24:42-05:00 2022-05-31 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2021-06-01 362544491 Healthcare Financial Management Association Educational Foundation HEAL 7085319600 2001 Butterfield Rd 1500 Downers Grove IL 60515 Joseph Fifer President & CEO 7085319600 2023-04-10 1 Joseph Fifer 999009999 Rebekuh Eley P01247672 3126343400 2023-04-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X Joseph Fifer 2001 Butterfield Rd 1500 Downers Grove IL 60515 6148217 0 9431 X N/A X 1996 IL To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field. 13 12 0 13 0 0 0 18325 2212401 5532344 1180197 597548 283876 0 3676474 6148217 0 0 0 0 0 0 0 0 0 2543983 6431538 2543983 6431538 1132491 -283321 26762464 29555753 2058200 6824277 24704264 22731476 To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field. 0 0 6042240 5532344 The purpose of Healthcare Financial Management Association Educational Foundation (EF) is to receive and administer funds and property for educational purposes, including the instruction or training of individuals and groups, utilizing discussion groups, forums, panels, lectures or similar programs and through various courses of instruction for the purpose of improving or developing capabilities in the field of healthcare financial management. The largest revenue generating event for EF is the Annual Conference which provides members an opportunity for face to face education, lecture, panel discussion, sharing of best practice processes and networking. This event was held as a hybrid (Live & Virtual). 6042240 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 0 IL X X Steve S Saldivar 7085319600 2001 Butterfield Rd 1500 Downers Grove IL 60515 X Joseph J Fifer President & CEO 13.00 27.00 X X 275953 643891 102567 Tammie L Jackson Chairman 0.40 4.00 X X 0 0 0 Aaron R Crane Chair-Elect 0.40 3.60 X X 0 0 0 Dennis E Dahlen Secretary/Treasurer 0.30 3.00 X X 0 0 0 Abby Birch Director 0.30 2.30 X 0 0 0 Colleen M Blye Director 0.30 2.30 X 0 0 0 Maureen A Clancy Director 0.30 2.30 X 0 0 0 Matthew E Cox Director 0.30 2.30 X 0 0 0 James L Heffernan Director 0.30 2.30 X 0 0 0 Jeffrey T O'Malley Director 0.30 2.30 X 0 0 0 Cindy Price Director 0.30 2.30 X 0 0 0 Margaret L Schuler Director 0.30 2.30 X 0 0 0 Mimi Taylor Director 0.30 2.30 X 0 0 0 Joyce Zimowski SVP/CFO 13.00 27.00 X 105504 246178 30479 Richard Gundling SVP, Healthcare Financial Practices 13.00 27.00 X 118824 277257 77375 William Casey SVP, Member Experience and Business Development 13.00 27.00 X 95516 222868 70499 Mary Mirabelli SVP, Content Strategy and Delivery 13.00 27.00 X 92494 215819 41615 Lisa Richards VP, People and Culture 13.00 27.00 X 67174 156739 54797 Todd Nelson Director, Partner Relationships 13.00 27.00 X 70389 164241 36300 Vincent Lynn Enterprise Account Executive 13.00 27.00 X 104815 244570 31382 Charles Alsdurf Director, HFP 13.00 27.00 X 65682 153257 34105 Richard Lucas Director, Channel Assets 13.00 27.00 X 116001 270669 21040 Rita Walker Director, Channel Assets 13.00 27.00 X 65298 152362 38944 1177650 2747851 539103 5 0 1 0 Production Resource Group LLC PO Box 419470 Boston MA 02241 Event Services 409971 Kelber Catering 1301 Second Avenue South Minneapolis MN 55403 Catering Services 240000 Smart City Networks LP 5795 W Badura Ave Las Vegas NV 89118 Hospitality Services 119351 3 18325 18325 Sponsorships 900099 3191100 3191100 ANI Exhibits & Fees 611710 1914069 1914069 Training 611710 260725 260725 Education 611710 105122 105122 61328 61328 5532344 370057 370057 227491 0 227491 227491 227491 6148217 5532344 0 597548 4025000 3799719 225281 36471 36471 31064 31064 596106 596106 106050 106050 94272 14790 79482 667131 667131 627466 610466 17000 247978 247978 6431538 6042240 389298 0 167752 123320 1623601 5441436 453587 2158501 186775 424174 20725096 19633180 3605653 1775142 26762464 29555753 478352 150588 1579848 6673689 2058200 6824277 X 24704264 22731476 24704264 22731476 26762464 29555753 -283321 -1689467 0 X 0 1 X 1 0 X 0 0 2945 0 18325 21270 9620268 9668613 7533488 2496277 5532344 34850990 9620268 9668613 7536433 2496277 5550669 34872260 0 383520 185130 568650 383520 185130 568650 34303610 1829376 2177325 576045 549579 370057 5502382 1829376 2177325 576045 549579 370057 5502382 16036 16036 11465680 11845938 8112478 3045856 5920726 40390678 0.84930 0.84890 0.13620 0.14250 X 0 Chapter - Restricted Funds 83565 Due from Affiliates 1691577 1775142 X 4427686 -1689467 -1689467 6117153 31064 31064 6148217 6400474 0 6400474 31064 31064 6431538 Part X, Line 2: The Foundation follows the provisions of the Accounting for Uncertainty in Income Taxes section of the Income Taxes Topic of the Codification, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business income (UBI). There were no unrecognized tax benefits identified or recorded as liabilities as of May 31, 2022 and 2021. 0 1 0 0 0 0 0 0 0 Joseph J Fifer President & CEO 205682 479924 18040 42094 52231 121873 22895 53421 7875 18376 306723 715688 17288 40339 Richard Gundling SVP, Healthcare Financial Practices 101394 236587 4769 11128 12661 29542 15207 35482 8006 18680 142037 331419 10935 25516 Richard Lucas Director, Channel Assets 115794 270186 0 0 207 483 3254 7593 3058 7135 122313 285397 0 0 William Casey SVP, Member Experience and Business 83474 194772 3756 8763 8286 19333 13253 30923 7897 18426 116666 272217 7516 17536 Joyce Zimowski SVP/CFO 91050 212450 4150 9684 10304 24044 6090 14210 3054 7125 114648 267513 7933 18511 Vincent Lynn Enterprise Account Executive 104776 244478 0 0 39 92 1797 4194 7617 17774 114229 266538 0 0 Mary Mirabelli SVP, Content Strategy and Delivery 81486 190134 3391 7912 7617 17773 5899 13765 6585 15366 104978 244950 6482 15125 Lisa Richards VP, People and Culture 64424 150322 2608 6086 142 331 10789 25175 5650 13183 83613 195097 0 0 Todd Nelson Director, Partner Relationships 67690 157943 2492 5815 207 483 4876 11377 6014 14033 81279 189651 0 0 Rita Walker Director, Channel Assets 65222 152186 0 0 76 176 2721 6349 8962 20912 76981 179623 0 0 Charles Alsdurf Director, HFP 63240 147559 2361 5509 81 189 4619 10778 5612 13096 75913 177131 0 0 Part I, Line 3 The compensation is determined by the related organization, Healthcare Financial Management Association. The following methods were used: -Compensation committee -Independent compensation consultant -Form 990 of other organizations -Compensation survey or study -Approval by the board or compensation committee Part I, Line 4b The following individuals received contributions to their supplemental non-qualified retirement plan in 2021: William Casey $23,930 Joseph Fifer $56,016 Rick L. Gundling $30,389 Lisa Richards $20,000 The following individuals received payouts from their supplemental non-qualified retirement plan in 2021: William Casey $25,052 Joseph Fifer $57,627 Rick L. Gundling $36,451 Joyce Zimowski $26,444 Mary Mirabelli $21,607 Form 990, Part VI, Section B, line 11b The Board of Directors has delegated responsibility for governance's review of the Form 990 to the Secretary/Treasurer who serves as a member of the Board of Directors. Members of the Board of Directors are provided with copies of the returns prior to the returns being filed. Form 990, Part VI, Section B, line 12c The Organization has a formal Board policy which directs the review and affirmation of the organization's Conflict of Interest policy and related guidelines. The policy is provided to new board members every three years. Form 990, Part VI, Section B, line 15 The related organization, Healthcare Financial Management Association, uses an annual formal process for determining the annual compensation for the President/CEO and business executives. This process includes: use of independent outside business consultants; review and approval by a governing body or compensation committee; use and reference of compensation data for comparison of similar qualified professionals in functionally comparable positions at similarly situated organizations; contemporaneous documentation and recordkeeping with respect to deliberations and decision regarding the compensation arrangement. Form 990, Part VI, Section C, line 19 The organization's Governing Documents, Conflict of Interest Statement and Financial Statements are supplied to outside inquiries upon request. Form 990, Part VII, Section A: Reportable compensation in columns (D) and (E) is paid from a common paymaster, Healthcare Financial Management Association (EIN: 36-2318336). The compensation attributed to services for the filing organization is allocated to column (D). Healthcare Financial Management Association 2001 Butterfield Rd Suite 1500 Downers Grove IL 60515 362318336 Professional Membership Organization IL 501(c)(6) N/A 0 HFMA Learning Solutions Inc 2001 Butterfield Rd Suite 1500 Downers Grove IL 60515 364239827 Education Media IL N/A C 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 Healthcare Financial Management Association M 4025000 Accrual Healthcare Financial Management Association R 3250000 Accrual HFMA Learning Solutions Inc E 236033 Accrual Part II Healthcare Financial Management Association is a related organization which is included in another group exemption with subordinate organizations. HFMA is affiliated with the Foundation through common membership of their respective Boards of Directors.