2022-01-13T12:30:50-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2020-07-01 452766110 MGMA-ACMPE MGMA 3037991111 104 INVERNESS TERRACE EAST ENGLEWOOD CO 801125313 AKASH MADIAH CFO 3037991111 2022-01-10 1 AKASH MADIAH XXX-XX-XXXX SARAH HINTZ P00492291 3037795710 2022-01-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z HALEE FISCHER-WRIGHT 104 INVERNESS TERRACE EAST ENGLEWOOD CO 801125313 39885979 0 X WWW.MGMA.COM X 2011 CO ELEVATE THE PERFORMANCE OF MEDICAL PRACTICE LEADERS AND THEIR ORGANIZATIONS. 13 13 149 349 1208398 0 0 906468 29223244 27745836 2035349 1267533 -187836 6298 31070757 29926135 0 0 0 0 15812904 17852781 0 0 0 13103903 8564262 28916807 26417043 2153950 3509092 43282177 57976484 10994458 14887425 32287719 43089059 X TO ELEVATE THE PERFORMANCE OF MEDICAL PRACTICE LEADERS AND THEIR ORGANIZATIONS BY CONNECTING MEMBERS, BUILDING PARTNERSHIPS, SETTING THE STANDARDS FOR CERTIFICATION, ADVOCATING FOR PHYSICIAN PRACTICE, AND PROVIDING INNOVATIVE SOLUTIONS. 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 55,000 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 65 EDUCATIONAL ELECTRONIC NEWSLETTERS WITH AN AVERAGE CIRCULATION OF APPROXIMATELY 35,000. EDUCATION AND CERTIFICATION - THE ASSOCIATION PROVIDED MEDICAL PRACTICE MANAGEMENT ADMINISTRATION EDUCATION TO APPROXIMATELY 32,530 ATTENDEES, PRESENTING EDUCATION VIA FORMAL CLASSROOM PROGRAMMING ON A NATIONAL, REGIONAL AND STATE BASIS. THE ASSOCIATION PROVIDED EDUCATION AT DIGITAL CONFERENCES TO 3,730 ATTENDEES. COMPUTER-BASED AND AUDIO-CONFERENCE TRAINING WAS PRESENTED TO APPROXIMATELY 28,800 ATTENDEES. IN ADDITION, CERTIFICATIONS ARE OFFERED TO MEMBERS CONSISTING OF MULTIPLE CHOICE EXAM AND SCENARIO-BASED EXAMS, AND PROFESSIONAL, PEER-REVIEWED BUSINESS PLANS. A TOTAL OF 273 EXAM COMPONENTS WERE GIVEN TO EXAMINEES DURING THE PERIOD. 89 MEMBERS RECEIVED CERTIFICATION CREDENTIALS DURING FY21 AND 23 INDIVIDUALS 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 2 PRINTED SURVEY REPORTS PRESENTING BENCHMARKING DATA AND SOLD APPROXIMATELY 5,000 SURVEYS. IN ADDITION THE ASSOCIATION PUBLISHED PRINT AND EBOOKS AND SOLD APPROXIMATELY 4,200 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 1 108 0 1 149 1 1 1 0 0 0 0 0 1 0 X 13 13 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 44.00 6.00 X 1103953 0 50154 RONALD HOLDER COO 44.00 6.00 X 485783 0 48184 AKASH MADIAH CFO 44.00 6.00 X 425991 0 41575 ANDERS GILBERG SR VP GOVERNMENT RELATIONS 40.00 0.00 X 353729 0 52448 ANDREW SWANSON VP INDUSTRY INSIGHTS 40.00 0.00 X 256380 0 56353 TRACY WATROUS VP CONTENT/MEMBERSHIP 40.00 0.00 X 246254 0 41385 TODD PRESCOTT VP HUMAN RESOURCES 40.00 0.00 X 233861 0 36175 OWEN KEMP SALES SENIOR MANAGER 40.00 0.00 X 188485 0 27145 ROBERT TENNANT FORMER DIR. HEALTH INFO. THRU 2/21 40.00 0.00 X 183205 0 16394 ANDREW WALKER DIRECTOR, NATL ORG MEMBERSHIP 40.00 0.00 X 166475 0 43683 BRETT MCCALLON DIRECTOR FINANCE 40.00 0.00 X 158932 0 20732 WILLIAM R HAMBSH BOARD CHAIR 1.00 3.00 X X 0 0 0 KAREN MARCELO VICE CHAIR 1.00 3.00 X X 0 0 0 TODD D GRAGES PAST BOARD CHAIR 1.00 3.00 X X 0 0 0 JEFFREY W SMITH FINANCE/AUDIT CHAIR 1.00 3.00 X X 0 0 0 ERIC D CROCKETT FINANCE/AUDIT VICE CHAIR 1.00 3.00 X X 0 0 0 RYAN CAMPBELL MEMBER AT LARGE 1.00 3.00 X 0 0 0 PAUL DEMURO MEMBER AT LARGE 1.00 3.00 X 0 0 0 GREGORY S FELTENBERGER FORMER MEMBER AT LARGE THRU 10/20 1.00 3.00 X 0 0 0 MICHAEL T FUNK MEMBER AT LARGE 1.00 3.00 X 0 0 0 JENNIFER NIFTY GOSNEY 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 RICHARD T SCHLOSBERG MEMBER AT LARGE 1.00 3.00 X 0 0 0 3803048 0 434228 40 0 1 0 PERFORMANCE ENHANCEMENTS INC 4909 NAUTILUS CT N 221 BOULDER CO 80301 IT SERVICES AND SUPPORT 568634 THE EURICH GROUP LLC 1720 WAZEE ST UNIT 4E DENVER CO 80202 EXECUTIVE CONSULTING SERVICES 373710 GROUNDFLOOR MEDIA INC 1923 MARKET STREET DENVER CO 80202 PUBLIC RELATION SUPPORT 240162 ALTAI SYSTEMS INC 752 OAK GROVE CIRCLE SEVERNA PARK MD 21146 IT CONSULTING SERVICES AND SUPPORT 226501 MICROSOFT CORPORATION ONE MICROSOFT WAY REDMOND WA 98052 IT SERVICES AND SUPPORT 213126 17 906468 906468 INFORMATION AND PUBLIC 511120 15067639 15016192 51447 MEMBERSHIP DUES 900099 8439142 8439142 CONFERENCE & EDUCATION 611710 3089095 2888504 200591 CONSULTING SERVICES 541900 576788 576788 CERTIFICATION SERVICES 900099 163600 163600 409572 30000 379572 27745836 531217 531217 10598084 9861768 736316 736316 736316 81002 98076 -17074 -17074 MANAGEMENT FEE 900099 15348 15348 OTHER REVENUE 900099 8024 8024 23372 29926135 26543736 1208398 1267533 2676942 12355554 546740 1760842 512703 155189 97761 118670 2093295 648477 214205 1688700 21012 1550661 49961 375196 9347 401782 169059 BANK CHARGES 336926 MAINTENANCE & REPAIRS 256363 MEMBERSHIP DUES & FEES 151595 UNRELATED BUS. INC. TAX 92523 133540 26417043 1588252 8093078 1265260 1423705 701922 1073553 5660244 4265603 1688401 1394641 25754385 34091151 9634279 9634279 2649678 2266077 43282177 57976484 2412584 3181279 8578877 9172011 2500000 2997 34135 10994458 14887425 X 32287719 43089059 32287719 43089059 43282177 57976484 X 3509092 7187903 104345 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 8439142 636035 636035 843914 -207879 1137631 840 292205 26500 7693 1396483 1165754 1165 5932 28000 7220 1137631 1145762 1130 56773 31000 6911 1165754 1091591 847 93174 31060 8791 1145762 1061665 70 122128 33000 52775 6497 1091591 0.14150 0.54330 0.31520 0 1 1 887241 251552 635689 962077 710373 251704 3810926 3303678 507248 1394641 MGMA REALTY, CORP. 9384279 C MGMA SERVICES, INC. 250000 C 9634279 CAPITAL LEASE OBLIGATIONS 34135 34135 X 37486121 7187904 372082 7559986 29926135 0 29926135 26336595 -80448 -80448 26417043 0 26417043 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, 2021 AND 2020. 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, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACMPE SCHOLARSHIP FUND INC. REVENUE 72,356. INTERCOMPANY ELIMINATIONS -631,018. INVESTMENT EXPENSES NET WITH REVENUE ON FINANCIAL STATEMENTS -118,670. MGMA REALTY CORP. REVENUE 615,669. MGMA CENTER FOR RESEARCH, INC. REVENUE 4,920. GAIN ON DEFERRED TAX ASSEST (NET OF CURRENT TAX EXPENSE) 104,345. MGMA CENTER FOR RESEARCH, INC. UNREALIZED GAIN 82,683. ACMPE SCHOLARSHIP FUND INC. UNREALIZED GAIN 241,797. PART XII, LINE 2D - OTHER ADJUSTMENTS: MGMA CENTER FOR RESEARCH, INC. EXPENSES 5,617. ACMPE SCHOLARSHIP FUND INC. EXPENSES 46,254. MGMA REALTY CORP. EXPENSES 615,668. MGMA SERVICES, INC. EXPENSES 1,701. INTERCOMPANY ELIMINATIONS -631,018. INVESTMENT EXPENSES NET WITH REVENUE ON FINANCIAL STATEMENTS -118,670. 1 X X X X 0 0 0 HALEE FISCHER-WRIGHT PRESIDENT/CEO 764095 0 285053 0 54805 0 24369 0 25785 0 1154107 0 28913 0 RONALD HOLDER COO 359482 0 109200 0 17101 0 14414 0 33770 0 533967 0 0 0 AKASH MADIAH CFO 326501 0 97500 0 1990 0 24369 0 17206 0 467566 0 0 0 ANDERS GILBERG SR VP GOVERNMENT RELATIONS 292396 0 57939 0 3394 0 24369 0 28079 0 406177 0 0 0 ANDREW SWANSON VP INDUSTRY INSIGHTS 202495 0 52435 0 1450 0 22334 0 34019 0 312733 0 0 0 TRACY WATROUS VP CONTENT/MEMBERSHIP 210471 0 31309 0 4474 0 20384 0 21001 0 287639 0 0 0 TODD PRESCOTT VP HUMAN RESOURCES 192331 0 39000 0 2530 0 11393 0 24782 0 270036 0 0 0 OWEN KEMP SALES SENIOR MANAGER 79925 0 108437 0 123 0 14956 0 12189 0 215630 0 0 0 ROBERT TENNANT FORMER DIR. HEALTH INFO. THRU 2/21 180700 0 0 0 2505 0 13971 0 2423 0 199599 0 0 0 ANDREW WALKER DIRECTOR, NATL ORG MEMBERSHIP 146531 0 18750 0 1194 0 13377 0 30306 0 210158 0 0 0 BRETT MCCALLON DIRECTOR FINANCE 150277 0 7500 0 1155 0 8834 0 11898 0 179664 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 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, 2019. 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 104,345. 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 615669 ACTUAL EXPENSE MGMA REALTY CORP O 243398 ACTUAL EXPENSE MGMA REALTY CORP D 1163119 INTERCOMPANY RECEIVABLES MGMA CENTER FOR RESEARCH INC D 1169067 INTERCOMPANY RECEIVABLES ACMPE SCHOLARSHIP FUND INC D 134702 INTERCOMPANY RECEIVABLES MGMA SERVICES D 11220 INTERCOMPANY RECEIVABLES