NEW JERSEY MEDICAL GROUP MANAGEMENT ASSOCIATION

EIN: 223115848

HAMILTON, NJ

Total Revenue
$311,687
Total Expenses
$318,588
Total Assets
$90,752
Net Assets
$90,752
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NJ
Principal Officer
DONALD CALLAHAN
Phone
6092083279
Tax Period
2019-01-01 to 2019-12-31

NEW JERSEY MEDICAL GROUP MANAGEMENT ASSOCIATION, founded in 1991, is a small nonprofit that reported $312K in total revenue in fiscal year 2019. Revenue decreased 7% compared to the prior year.

Mission

THE ORGANIZATION IS A STATE CHAPTER OF THE MEDICAL GROUP MANAGEMENT ASSOCIATION (MGMA). IT PROVIDES EDUCATIONAL SEMINARS, RESOURCES ON VENDORS AND INFORMATION ON THE LEGAL REQUIREMENTS FOR MANAGING A MEDICAL GROUP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $46,156
Program Service Revenue $265,531
Investment Income $0
Other Revenue $0
TOTAL REVENUE $311,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $318,588
TOTAL EXPENSES $318,588

Year-over-Year Comparison

2019 2018 Change
Revenue $311,687 $335,365 -0.1%
Expenses $318,588 $344,284 -0.1%
Net Income $-6,901 $-8,919 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD CALLAHAN PRESIDENT 3.00
Officer Director
$0 $0 $0
TERRI MCSORLEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
THOMAS ZEUG SECY TREAS 1.00
Officer Director
$0 $0 $0
JOAN HENDLER IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
ALEX BINDER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SPERO BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD GUILKO BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN KERN BOARD MEMBER 1.00
Director
$0 $0 $0
WANDA TORRES BOARD MEMBER 1.00
Director
$0 $0 $0
JASON KRISZA BOARD MEMBER 1.00
Director
$0 $0 $0
ANITA DEAN BOARD MEMBER 1.00
Director
$0 $0 $0
LISA MACNAIR BOARD MEMBER 1.00
Director
$0 $0 $0
MARISSA NAMI BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW DOBISH BOARD MEMBER 1.00
Director
$0 $0 $0
MARY REWINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BARON BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $311,687 $318,588 $90,752 $-6,901
2018 $335,365 $344,284 $97,653 $-8,919
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