MICHIGAN CHAPTER OF THE AMERICAN C… - 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

1983

Legal Domicile

Principal Officer

CHRISTY SNITGEN

Phone

5173275700

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN CHAPTER OF THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS, founded in 1983, is a small nonprofit that reported $634K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

TO SUPPORT QUALITY EMERGENCY CARE AND TO PROMOTE THE INTERESTS AND VALUES OF EMERGENCY PHYSICIANS IN THE STATE OF MICHIGAN.

Program Service Accomplishments

Program 1

THE EMERGENCY MEDICINE ASSEMBLY (SCIENTIFIC ASSEMBLY) - ANNUAL CONFERENCE BRINGS MEMBERS TOGETHER TO EDUCATE THEM ABOUT LATEST TECHNIQUES IN EMERGENCY MEDICINE FORUMS. DISCUSSION GROUPS ARE HELD TO EXCHANGE IDEAS AND SOLUTIONS - 90 ATTENDED RESIDENTS ASSEMBLY - A SEMINAR TO ASSIST EMERGENCY MEDICINE RESIDENTS IN CAREER PLANNING - 62 RESIDENTS ATTENDED.

Program 2

"STRAIGHT TALK" REIMBURSEMENT SEMINAR - EDUCATIONAL PROGRAM TO DISCUSS THE REIMBURSEMENT OF PHYSICIANS BY INSURERS AND PATIENTS - 50 ATTENDED.WINTER SYMPOSIUM - SEMINAR TO PROVIDE UP-TO-DATE...

"STRAIGHT TALK" REIMBURSEMENT SEMINAR - EDUCATIONAL PROGRAM TO DISCUSS THE REIMBURSEMENT OF PHYSICIANS BY INSURERS AND PATIENTS - 50 ATTENDED.WINTER SYMPOSIUM - SEMINAR TO PROVIDE UP-TO-DATE INFORMATION ON ISSUES, TOPICS AND TECHNIQUES THAT WILL HELP EMERGENCY PHYSICIANS STRENGTHEN THEIR PRACTICE - 178 ATTENDED.

Program 3

VARIOUS OTHER SEMINARS AND SESSIONS WERE PRESENTED INCLUDING AN OBSERVATION MEDICINE COURSE (79 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 $0

Program Service Revenue $616,168

Investment Income $17,916

Other Revenue $0

TOTAL REVENUE $634,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,739

Fundraising Expenses $0

Other Expenses $359,740

TOTAL EXPENSES $658,479

Year-over-Year Comparison

	2024	2023	Change
Revenue	$634,084	$693,118	-0.1%
Expenses	$658,479	$675,815	0.0%
Net Income	$-24,395	$17,303	-2.4%

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

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

$144,462

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTY K SNITGEN	EXECUTIVE DIRECTOR	50.00	Officer	$115,845	$28,617	$144,462
ZACHARY JAROU MD MBA FACEP	DIRECTOR	6.00	Director	$0	$0	$0
ABIGAIL BRACKNEY MD FACEP	DIRECTOR	8.00	Director	$0	$0	$0
JEFFREY MCGOWAN DO FACEP	DIRECTOR	8.00	Director	$0	$0	$0
PAMELA COFFEY MD FACEP	DIRECTOR	6.00	Director	$0	$0	$0
ANTONY HSU MD FACEP	DIRECTOR	8.00	Director	$0	$0	$0
DIANE PARATORE DO FACEP	DIRECTOR	6.00	Director	$0	$0	$0
BRAM DOLCOURT MD FACEP	DIRECTOR	6.00	Director	$0	$0	$0
MICHAEL DOYLE DO FACEP	DIRECTOR	6.00	Director	$0	$0	$0
RYAN REECE MD FACEP	DIRECTOR	6.00	Director	$0	$0	$0
JENNIFER STEVENSON DOFACEP	DIRECTOR (ENDED 07/29)	8.00	Director	$0	$0	$0
SARA CHAKEL MD FACEP	DIRECTOR (ENDED 07/29)	8.00	Director	$0	$0	$0
BRITTANY GARZA DO	CANDIDATE MEMBER	2.00	Director	$0	$0	$0
LAURA SCHROEDER MD MS	CANDIDATE MEMBER (ENDED 07/29)	2.00	Director	$0	$0	$0
DIANA NORDLUND DO JD FACEP	PAST PRES. (ENDED 07/29)	8.00	Director	$0	$0	$0
ANDREW TAYLOR DO FACEP	DIRECTOR/SECRETARY (TRANSITION 07/29)	10.00	Officer Director	$0	$0	$0
LUKE SASKI MD FACEP	SECRETARY/TREASURER (TRANSITION 07/29)	10.00	Officer Director	$0	$0	$0
MICHAEL GRATSON MDMHSAFACEP	TREASURER/PRES. ELECT (TRANSITION 07/29)	10.00	Officer Director	$0	$0	$0
THERESE MEAD DO FACEP	PRES. ELECT/PRES. (TRANSITION 07/29)	20.00	Officer Director	$0	$0	$0
MICHAEL FILL DO FACEP	PRES./PAST PRES. (TRANSITION 07/29)	8.00	Officer 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	$634,084	$658,479	$1,056,720	$-24,395
2023	$693,118	$675,815	$1,034,031	$17,303
2022	$690,335	$676,743	$982,051	$13,592
2021	$610,732	$594,582	$1,047,123	$16,150
2020	$538,815	$565,689	$1,056,353	$-26,874
2019	$778,578	$815,845	$1,044,208	$-37,267
2018	$806,033	$832,442	$1,012,525	$-26,409

MICHIGAN CHAPTER OF THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS