AMERICAN ASSOCIATION OF MEDICAL SO… - 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

1954

Legal Domicile

Principal Officer

CATHERINE JOHANNESEN

Phone

6512883432

Tax Period

2024-01-01 to 2024-12-31

AMERICAN ASSOCIATION OF MEDICAL SOCIETY EXECUTIVES, founded in 1954, is a small nonprofit that reported $369K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

AMERICAN ASSOCIATION OF MEDICAL SOCIETY EXECUTIVES (AAMSE) IS COMMITTED TO EDUCATING AND SUPPORTING MEDICAL SOCIETY PROFESSIONALS TO ADVANCE THE PROFESSION OF MEDICAL SOCIETY MANAGEMENT, MEDICAL SOCIETIES, AND THE PHYSICIANS THEY SERVE.

Program Service Accomplishments

Program 1

THE AAMSE ANNUAL CONFERENCE PROVIDES A PLATFORM TO INTERACT WITH OTHER MEDICAL SOCIETY PROFESSIONALS TO LEARN HOW TO BETTER MANAGE MEDICAL ASSOCIATIONS. THE CONFERENCE INCLUDES NETWORKING AND...

THE AAMSE ANNUAL CONFERENCE PROVIDES A PLATFORM TO INTERACT WITH OTHER MEDICAL SOCIETY PROFESSIONALS TO LEARN HOW TO BETTER MANAGE MEDICAL ASSOCIATIONS. THE CONFERENCE INCLUDES NETWORKING AND EDUCATIONAL SESSIONS AND HAD 150 ATTENDEES.

Program 2

OTHER CONFERENCES & MEETINGS: COMMITTEES, SPECIAL CEO MEETINGS, WEBSITE DEVELOPMENT, AND OTHER PROGRAM MANAGEMENT FEES.

Program 3

STATE CEO MEETING: NETWORKING FORUM ON CURRENT EVENTS THAT AFFECT PROFESSIONAL LIVES OF MEDICAL EXECUTIVES WITH APPROXIMATELY 30 ATTENDEES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $60,000

Program Service Revenue $295,219

Investment Income $5,596

Other Revenue $8,623

TOTAL REVENUE $369,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $377,395

TOTAL EXPENSES $377,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,438	$332,629	+0.1%
Expenses	$377,395	$381,407	0.0%
Net Income	$-7,957	$-48,778	-0.8%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE JOHANNESEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOSEPH GREAVES	PRESIDENT-ELECT	3.00	Officer Director	$0	$0	$0
SYLVIA SALAZAR	PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
CLINT CUMMINS	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
REBECCA BRANDT	DIRECTOR	2.00	Director	$0	$0	$0
DONNA GRANDE	DIRECTOR	2.00	Director	$0	$0	$0
JULIE RAMIREZ	DIRECTOR	2.00	Director	$0	$0	$0
KELSEY MCQUAID-CRAIG	DIRECTOR	2.00	Director	$0	$0	$0
LIBBY DE BIE	DIRECTOR	2.00	Director	$0	$0	$0
WES GLINSMANN	DIRECTOR	2.00	Director	$0	$0	$0
ALEX BARDAKH	DIRECTOR	2.00	Director	$0	$0	$0
ARIEL JONES	DIRECTOR	2.00	Director	$0	$0	$0
ALLEN MCMILLEN	DIRECTOR	2.00	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
2024	$369,438	$377,395	$283,655	$-7,957
2023	$332,629	$381,407	$303,422	$-48,778
2022	$316,600	$351,982	$237,181	$-35,382
2021	$240,053	$236,802	$338,032	$3,251
2020	$247,472	$248,729	$340,423	$-1,257
2019	$413,626	$373,822	$272,758	$39,804
2018	$417,008	$426,620	$283,279	$-9,612

AMERICAN ASSOCIATION OF MEDICAL SOCIETY EXECUTIVES