ACCREDITATION ASSOCIATION FOR AMBULATORY HEALTH CARE INC

EIN: 363016881 501(c)(3)

DEERFIELD, IL

Total Revenue
$24,586,001
Total Expenses
$23,870,123
Total Assets
$40,588,074
Net Assets
$34,286,424
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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
1979
Legal Domicile
IL
Principal Officer
NOEL M ADACHI
Phone
8478536060
Tax Period
2024-01-01 to 2024-12-31

ACCREDITATION ASSOCIATION FOR AMBULATORY HEALTH CARE INC, founded in 1979, is a mid-sized nonprofit that reported $24.6M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

IMPROVING HEALTH CARE QUALITY THROUGH ACCREDITATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $23,176,971
Investment Income $1,018,961
Other Revenue $390,069
TOTAL REVENUE $24,586,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,675,291
Fundraising Expenses $0
Program Expenses $19,013,644
Other Expenses $10,194,832
TOTAL EXPENSES $23,870,123

Year-over-Year Comparison

2024 2023 Change
Revenue $24,586,001 $22,655,176 +0.1%
Expenses $23,870,123 $22,483,599 +0.1%
Net Income $715,878 $171,577 +3.2%
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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Governance

Voting Members
13
Independent Members
4
Employees
354
Volunteers
106

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
6
$950,847
Total Directors
14
$88,000
Key Employees
1
$288,267
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN DAVIDSON IMM. PAST BOARD CHAIR 4.00
Officer Director
$15,690 $0 $15,690
VALERIE F KIEFER MEMBER 2.00
Director
$14,230 $0 $14,230
DAVID M SHAPIRO MEMBER (THRU NOV 2024) 2.00
Director
$12,845 $0 $12,845
KRISTINE KILGORE MEMBER 2.00
Director
$10,955 $0 $10,955
JAN BROWN MEMBER 2.00
Director
$10,440 $0 $10,440
JOY HIMMEL BOARD CHAIR 4.00
Officer Director
$9,870 $0 $9,870
KELLY THEODOSOPOULOS MEMBER 2.00
Director
$4,500 $0 $4,500
KEITH ANDERSON MEMBER 2.00
Director
$3,395 $0 $3,395
STEVEN BUTZ BOARD CHAIR ELECT 4.00
Officer Director
$3,090 $0 $3,090
TRACI MCMILLIAN MEMBER 2.00
Director
$2,985 $0 $2,985
LAWRENCE S KIM SECRETARY/TREASURER 4.00
Officer Director
$0 $0 $0
W PATRICK DAVEY MEMBER 2.00
Director
$0 $0 $0
DAVID GANS MEMBER 2.00
Director
$0 $0 $0
TEMPLE O ROBINSON MEMBER 2.00
Director
$0 $0 $0
NOEL ADACHI PRESIDENT & CEO 38.00
Officer
$560,219 $46,277 $606,496
KATHLEEN FAGAN DALE CHIEF FINANCIAL OFFICER 38.00
Officer
$258,506 $57,195 $315,701
DOROTA RAKOWIECKI SR. VP, ACCREDITATION SERVICES 38.00
Key Emp
$232,017 $56,250 $288,267
RENEE GREENFIELD SR. VP, MARKETING 38.00
Highest
$254,699 $61,965 $316,664
THERESE POLAND SR. VP, ACCREDITATION 38.00
Highest
$272,164 $39,115 $311,279
ANN CARRERA SR COUNSEL LEGISLATIVE 38.00
Highest
$203,630 $43,248 $246,878
JULIE GARFINKEL SR DIRECTOR, HUMAN RESOURCES 38.00
Highest
$171,999 $53,593 $225,592
TINA ANDERSON-GATCH DIR, SURVEYOR SERVICES 38.00
Highest
$170,676 $33,118 $203,794
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
2025 No data No data No data No data
2024 $24,586,001 $23,870,123 $40,588,074 $715,878
2023 $22,655,176 $22,483,599 $40,631,574 $171,577
2022 $23,615,789 $20,232,885 $35,378,498 $3,382,904
2021 $26,328,831 $18,668,961 $34,944,866 $7,659,870
2020 $19,604,159 $15,336,938 $25,018,392 $4,267,221
2019 $19,631,021 $18,050,665 $19,194,141 $1,580,356
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