American Health Information Manage… - Form 990 Financial Data

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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

1928

Legal Domicile

Phone

3129281100

Tax Period

2023-01-01 to 2023-12-31

American Health Information Management Association, founded in 1928, is a mid-sized nonprofit that reported $41.6M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $53.5M exceeded revenue, resulting in a 29% operating deficit.

Mission

"EMPOWERING PEOPLE TO IMPACT HEALTH" THE AMERICAN HEALTH INFORMATION MANAGEMENT ASSOCIATION (AHIMA) IS THE LEADING VOICE AND AUTHORITY IN HEALTH INFORMATION, WHEREVER IT IS FOUND. OUR PEOPLE WORK AT THE INTERSECTION OF HEALTHCARE, TECHNOLOGY, AND BUSINESS. WHILE OUR PATIENTS DON'T OFTEN SEE US, WE SEE OUR PATIENTS IN A WAY NO OTHER HEALTHCARE PROFESSIONAL DOES. THAT IS BECAUSE AHIMA-CERTIFIED PROFESSIONALS ENSURE THAT SENSITIVE HEALTH STORIES REMAIN ACCURATE, ACCESSIBLE, PROTECTED AND COMPLETE AT ALL TIMES. PROFESSIONALS, OUR MISSION OF EMPOWERING PEOPLE TO IMPACT HEALTH IS A PRESCIENT RALLYING CRY DURING THE COVID-19 PANDEMIC.

Program Service Accomplishments

Program 1

PROFESSIONAL DEVELOPMENT - MEMBERS STAY ONE STEP AHEAD THROUGH AHIMA'S CUTTING-EDGE PROGRAMS AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, INCLUDING COMPREHENSIVE CONTINUING EDUCATION. AHIMA KEEPS HIM PROFESSIONALS ABREAST OF THE INDUSTRY THROUGH RESOURCES TO IMPROVE THEIR KNOWLEDGE, SKILLS, AND ABILITIES IN A CHANGING HEALTHCARE ECOSYSTEM.

Program 2

COMMUNICATION SERVICES / MEMBER SERVICES - AHIMA OFFERS MANY RESOURCES TO ITS MEMBERS, INCLUDING ITS FLAGSHIP JOURNAL OF AHIMA, ITS WEBSITE WWW.AHIMA.ORG, ITS ONLINE MEMBER COMMUNITIES, AND ITS...

COMMUNICATION SERVICES / MEMBER SERVICES - AHIMA OFFERS MANY RESOURCES TO ITS MEMBERS, INCLUDING ITS FLAGSHIP JOURNAL OF AHIMA, ITS WEBSITE WWW.AHIMA.ORG, ITS ONLINE MEMBER COMMUNITIES, AND ITS ONLINE BODY KNOWLEDGE. THE ASSOCIATION ALSO OFFERS AN ONLINE-ONLY PEER-REVIEWED RESEARCH JOURNAL AND A NUMBER OF ELECTRONIC NEWSLETTERS. IN 2020 AHIMA PERIODICALS RECEIVED A NUMBER OF AWARDS FOR EDITORIAL EXCELLENCE AND ITS CREATIVE DEPARTMENT WAS HONORED FOR ENGAGING AND ATTRACTIVE GRAPHIC DESIGNS. AHIMA PROVIDES LEADERSHIP AND VOLUNTEER OPPORTUNITIES TO ITS MEMBERS THROUGH A VARIETY OF COMMITTEES, PRACTICE COUNCILS, AND WORK GROUPS. AHIMA RECOGNIZES INNOVATION IN THE HIM PROFESSION THROUGH ITS ANNUAL GRACE AWARD PROGRAM AND HONORS THE BEST IN HIM PRACTICE THROUGH IT SELECTION OF TRIUMPH AWARD WINNERS. PROFESSION THROUGH ITS ANNUAL GRACE AWARD PROGRAM AND HONORS THE BEST IN HIM PRACTICE THROUGH ITS SELECTION OF TRIUMPH AWARD WINNERS.

Program 3

HIM PROFESSION - AHIMA ACTIVELY ADVOCATES FOR THE HIM PROFESSION, SERVES AS A THOUGHT LEADER IN THE WORLD OF HIM, AND IS ONE OF THE FOUR COOPERATING PARTIES RESPONSIBLE FOR THE ICD-10 CODING...

HIM PROFESSION - AHIMA ACTIVELY ADVOCATES FOR THE HIM PROFESSION, SERVES AS A THOUGHT LEADER IN THE WORLD OF HIM, AND IS ONE OF THE FOUR COOPERATING PARTIES RESPONSIBLE FOR THE ICD-10 CODING GUIDELINES. AHIMA'S ADVOCACY AND POLICY TEAM REPRESENTED THE HIM POINT OF VIEW IN NUMEROUS COMMENTS ON REGULATION AND LEGISLATION, AS WELL AS TEACHING MEMBERS TO ADVOCATE DURING THE 2021 ADVOCACY SUMMIT AND HILL DAY EVENT. AHIMA ALSO WORKED WITH INDUSTRY COLLABORATORS TO DIRECT POLICYMAKERS' WORK ON ISSUES SUCH AS PATIENT MATCHING AND PATIENT ACCESS TO INFORMATION. IN 2020 AHIMA STAFF MEMBERS EXPLAINED AND ILLUSTRATED HIM PERSPECTIVES IN HIGH-PROFILE MEDIA INTERVIEWS IN MODERN HEALTHCARE, KAISER HEALTH NEWS, AND OTHER OUTLETS. AHIMA'S MISSION IS TO EMPOWER PEOPLE TO IMPACT HEALTH WORLDWIDE, AND ITS GOAL IS THAT HIM PROFESSIONALS ARE RECOGNIZED AROUND THE WORLD AS A KEY MEMBER OF THE HEALTHCARE TEAM THAT HIM.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,192

Program Service Revenue $20,507,222

Investment Income $12,477,736

Other Revenue $8,618,957

TOTAL REVENUE $41,609,107

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $19,401,858

Fundraising Expenses $0

Program Expenses $0

Other Expenses $33,873,897

TOTAL EXPENSES $53,525,755

Year-over-Year Comparison

	2023	2022	Change
Revenue	$41,609,107	$36,048,885	+0.2%
Expenses	$53,525,755	$54,683,199	0.0%
Net Income	$-11,916,648	$-18,634,314	-0.4%

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

Governance

Voting Members

Independent Members

Employees

130

Volunteers

600

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

$1,369,460

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	AHIMA Chair	4.0	Director	$30,000	$0	$30,000
N/A	Treasurer	4.0	Director	$0	$0	$0
N/A	Chair elect	4.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Speaker of House of Delegates	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Past Chair	4.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Interim CEO	40.0	Officer	$436,450	$28,647	$465,097
N/A	VP, Finance	40.0	Officer	$270,676	$18,433	$289,109
N/A	General Counsel	40.0	Officer	$276,196	$28,743	$304,939
N/A	Interim Executive Director	40.0	Officer	$289,826	$20,489	$310,315
N/A	Employee	40.0	Highest	$246,628	$28,695	$275,323
N/A	Employee	40.0	Highest	$235,319	$10,820	$246,139
N/A	Employee	40.0	Highest	$252,363	$12,661	$265,024
N/A	Employee	40.0	Highest	$263,049	$481	$263,530
N/A	Employee	40.0	Highest	$312,570	$10,442	$323,012

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
2024	No data	No data	No data	No data
2023	$41,609,107	$53,525,755	$65,046,527	$-11,916,648
2022	$36,048,885	$54,683,199	$65,323,537	$-18,634,314
2021	$29,707,465	$29,218,612	$75,970,379	$488,853
2020	$30,735,984	$27,279,302	$65,509,434	$3,456,682
2019	$30,880,402	$39,201,396	$61,615,946	$-8,320,994
2018	$32,909,131	$34,629,558	$62,764,629	$-1,720,427

American Health Information Management Association