Council of Emergency Medicine Residency Directors

EIN: 382918648

Irving, TX

Total Revenue
$1,593,661
Total Expenses
$1,483,891
Total Assets
$2,255,659
Net Assets
$692,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MI
Phone
8884442090
Tax Period
2024-01-01 to 2024-12-31

Council of Emergency Medicine Residency Directors, founded in 1990, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

TO SET THE GLOBAL STANDARD OF EXCELLENCE IN EMERGENCY MEDICINE EDUCATION THROUGH FOSTERING INNOVATION, COMMUNITY, PROFESSIONAL DEVELOPMENT, AND SCHOLARSHIP. THE PURPOSE OF CORD IS: CORD IS THE ORGANIZATION THAT PROVIDES RESOURCES, DEVELOPS BEST PRACTICES FOR EMERGENCY MEDICINE TRAINING PROGRAMS, AND OFFERS PROFESSIONAL DEVELOPMENT FOR LEADERS IN EMERGENCY MEDICINE EDUCATION THROUGH THE CORD COMMUNITY. COMMUNITY - DEVELOP A DIVERSE, INCLUSIVE, AND COLLABORATIVE COMMUNITY OF EDUCATORS WITHIN EMERGENCY MEDICINE THROUGH VIRTUAL AND IN- PERSON MECHANISMS. PROFESSIONAL DEVELOPMENT - FOSTER GROWTH AND LEADERSHIP DEVELOPMENT OF OUR EDUCATORS THROUGH MENTORSHIP, COURSES, AND NETWORKING. INNOVATION - SUPPORT THE CREATION AND IMPLEMENTATION OF INNOVATIVE EDUCATIONAL MODELS ACROSS THE CONTINUUM OF LEARNERS. SCHOLARSHIP - PROMOTE SCHOLARSHIP AND CRITICAL APPRAISAL OF EDUCATIONAL TECHNIQUES BY PROVIDING CAREER DEVELOPMENT AND A PLATFORM FOR DISSEMINATION.

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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 $5,186
Program Service Revenue $1,571,393
Investment Income $17,082
Other Revenue $0
TOTAL REVENUE $1,593,661

Expense Breakdown

Grants Paid $2,081
Salaries & Benefits $2,872
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,478,938
TOTAL EXPENSES $1,483,891

Year-over-Year Comparison

2024 2023 Change
Revenue $1,593,661 $1,459,962 +0.1%
Expenses $1,483,891 $1,575,554 -0.1%
Net Income $109,770 $-115,592 -1.9%
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
13
Independent Members
13
Employees
N/A
Volunteers
12

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
5
$780
Total Directors
13
$2,872
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Boyd Burns DO President 3.0
Officer Director
$0 $0 $0
Jaime Jordan MD Secretary Treasurer 3.0
Officer Director
$0 $0 $0
Jessica Smith MD Past President 5.0
Officer Director
$780 $0 $780
Laura Hopson MD President - Elect 3.0
Officer Director
$0 $0 $0
Alexis Pelletier-Bui MD Director 5.0
Director
$0 $0 $0
Arlene Chung MD Director 3.0
Director
$0 $0 $0
Cynthia Price MD Diversity, Equity, Inclusion Member 3.0
Director
$0 $0 $0
Dan Egan MD Director 3.0
Director
$0 $0 $0
Jason Wagner Director 3.0
Director
$1,192 $0 $1,192
Julia Ruggieri MD Director 3.0
Director
$0 $0 $0
Kerry McCabe MD Director 3.0
Director
$0 $0 $0
Natasha Brocks EMARC Liaison 3.0
Director
$0 $0 $0
Rebecca Bavolek MD Director 3.0
Director
$900 $0 $900
AnnieKay Erby Executive Director 40.0
Officer
$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 $1,593,661 $1,483,891 $2,255,659 $109,770
2023 $1,459,962 $1,575,554 $1,389,548 $-115,592
2022 $1,200,575 $1,831,301 $1,384,583 $-630,726
2021 $953,699 $1,033,988 $1,759,098 $-80,289
2020 $1,475,754 $1,423,263 $1,559,920 $52,491
2019 $1,382,724 $1,343,419 $1,785,836 $39,305
2018 $1,211,430 $1,220,568 $1,471,101 $-9,138
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