HEALTHCARE FINANCIAL MANAGEMENT ASSOCIATION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HEALTHCARE FINANCIAL MANAGEMENT ASSOCIATION (EIN 36-2318336)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2021-04-13
- IRS object ID
- 202121039349300812
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-13T12:40:33-05:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S Wacker Drive Ste 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362318336 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Healthcare Financial Management | BusinessNameLine1Txt |
| Business Name Line2 | Association | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEAL | BusinessNameControlTxt |
| Phone | 7085319600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Westbrook Corporate Center No 6 | AddressLine1Txt |
| City | Westchester | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60154 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Fifer | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 7085319600 | PhoneNum |
| Signature | 2021-04-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2021-04-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Joseph Fifer | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Westbrook Corporate Center No 600 | AddressLine1Txt |
| City | Westchester | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,664,658 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 1995 | GroupExemptionNum |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.hfma.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1957 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | Leading the financial management of health care. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 106 | TotalEmployeeCnt |
| Total Volunteers | 1800 | TotalVolunteersCnt |
| Total Gross UBI | $2,167,551 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $184,946 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,714,392 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,678,682 | CYProgramServiceRevenueAmt |
| PY Investment Income | $930,813 | PYInvestmentIncomeAmt |
| CY Investment Income | $336,028 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,313,772 | PYOtherRevenueAmt |
| CY Other Revenue | $3,566,447 | CYOtherRevenueAmt |
| PY Total Revenue | $19,958,977 | PYTotalRevenueAmt |
| CY Total Revenue | $21,581,157 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,303,291 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,128,418 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,873,952 | PYOtherExpensesAmt |
| CY Other Expenses | $7,704,243 | CYOtherExpensesAmt |
| PY Total Expenses | $25,177,243 | PYTotalExpensesAmt |
| CY Total Expenses | $22,832,661 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,218,266 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,251,504 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,253,848 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,930,478 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $19,350,672 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,888,298 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,903,176 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,042,180 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Leading the financial management of health care | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Membership - Healthcare Financial Management Association's (HFMA) goal is to improve the financial management of US healthcare institutions and related healthcare organizations through fostering knowledge and proficiency, providing a forum for exchange of ideas and best practices, strengthening cooperation among those in the profession, and establishing and promulgating principles of practice and standards of performance. Through 64 chapters and 11 regions, HFMA's 58,000 members have opportunities for education, sharing of common experiences, and keeping up to date on legislative and regulatory changes. These venues also provide for networking exchanges that build relationships that further professional careers and create personal, long-lasting friendships that span the US geography. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HFMA publishes monthly magazines and newsletters that are shared not only with the 58,000-member base but with other industry professionals, circulation for some periodicals reaching 75,000. The publications contain articles and information related to recent governmental rule changes and those under consideration, current events, real life best practice examples and hot topics facing the industry. Newsletter circulation reaches over 3,600 individuals. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HFMA offers a benchmarking tool to help hospitals, health systems, and physician practices improve performance throughout the revenue cycle. Data from more than 600 facilities helps compare metrics to peer groups and align goals with the industry's best practices. Additional opportunities for peer comparisons are offered via financial specialty forums (eg, CFO, Revenue Cycle, Legal & Regulatory) which provide periodic information pertinent within that specialty. Over 7,800 members participate in these forums. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 66 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 106 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Steve S Saldivar | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7085319600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Westbrook Corporate Center No 600 | AddressLine1Txt |
| City | Westchester | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Joseph J Fifer | |||||||||
| President & CEO | 27.00 | 13.00 | Yes (X) | Yes (X) | $504,382 | $215,034 | $110,402 | ||
| Garth Jordan | |||||||||
| SVP Corporate Strategy | 27.00 | 13.00 | $273,052 | $116,410 | $83,865 | Yes (X) | |||
| Susan Brenkus | |||||||||
| Senior VP People & Culture | 27.00 | 13.00 | $270,959 | $115,518 | $65,859 | Yes (X) | |||
| Rick L Gundling | |||||||||
| SVP Healthcare Financial Practices | 27.00 | 13.00 | $249,140 | $106,217 | $79,097 | Yes (X) | |||
| Joyce Zimowski | |||||||||
| SVP/CFO | 27.00 | 13.00 | Yes (X) | $224,030 | $95,511 | $29,275 | |||
| William Casey | |||||||||
| SVP Business Development | 27.00 | 13.00 | $193,842 | $82,640 | $70,531 | Yes (X) | |||
| Richard Lucas | |||||||||
| Director, Channel Assets | 27.00 | 13.00 | $196,292 | $83,685 | $22,399 | Yes (X) | |||
| Mary Mirabelli | |||||||||
| SVP Content Strategy and Delivery | 27.00 | 13.00 | $162,902 | $69,450 | $61,182 | Yes (X) | |||
| Suchita Nagale | |||||||||
| VP, IT | 27.00 | 13.00 | $175,495 | $74,819 | $41,228 | Yes (X) | |||
| Todd Nelson | |||||||||
| Director, Partner Relationships | 27.00 | 13.00 | $171,974 | $73,318 | $38,126 | Yes (X) | |||
| Vincent Lynn | |||||||||
| Enterprise Account Executive | 27.00 | 13.00 | $168,419 | $71,802 | $31,509 | Yes (X) | |||
| Lorraine Schnelle | |||||||||
| Director, Product Development | 27.00 | 13.00 | $149,127 | $63,577 | $33,550 | Yes (X) | |||
| Charles Alsdurf | |||||||||
| Director, HFP | 27.00 | 13.00 | $147,134 | $62,728 | $33,645 | Yes (X) | |||
| Michael M Allen | |||||||||
| Chairman | 6.30 | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Tammie L Galindez | |||||||||
| Chairman-Elect | 5.50 | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Aaron Crane | |||||||||
| Treasurer/Secretary | 4.70 | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Abby Birch | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Dennis E Dahlen | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| James L Heffernan | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Cindy Price | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Jeffery T O'Malley | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Marc B Scher | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Margaret L Schuler | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Mimi Taylor | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| T Carley Williams | |||||||||
| Director | 2.30 | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,886,748 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,230,709 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $700,668 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 44 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ICF Resources LLC | |||||
| PO Box 536259 | Pittsburgh | PA | 15253 | Consulting Services | $2,034,817 |
| CLD Associates Inc | |||||
| 1171 S Prairie Ave | Lake Forest | IL | 60045 | Advertising/Sales | $335,443 |
| CVent Inc | |||||
| 1765 Greensboro Station Place | Tysons Corner | VA | 22102 | IT Services | $311,980 |
| Quad Graphics Printing III Co | |||||
| PO Box 644840 | Pittsburgh | PA | 15264 | Printing Services | $303,239 |
| Meridian Technology Solutions | |||||
| 2210 Midwest Road | Oak Brook | IL | 60523 | IT Services | $301,769 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Membership Dues | 611430 | $9,878,412 | $9,878,412 | |
| Publications | 511120 | $2,213,572 | $46,021 | $2,167,551 |
| Benchmarking and Metrics | 611430 | $1,915,291 | $1,915,291 | |
| Sponsorships | 611710 | $1,352,281 | $1,352,281 | |
| Peer Review | 900099 | $1,349,602 | $1,349,602 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $969,524 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $557,795 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $411,729 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,678,682 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $437,477 | TotalRevenueColumnAmt |
| Exclusion | $437,477 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,982,052 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,083,501 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$101,449 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$101,449 | TotalRevenueColumnAmt |
| Exclusion | -$101,449 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Reimbursement of Shared Services | 900099 | $3,489,697 | $3,489,697 |
| UBI Tax Refund | 900099 | $76,750 | $76,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,566,447 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,581,157 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,099,402 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,167,551 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,314,204 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,334,349 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,856,001 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,371 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $857,669 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $730,028 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,067 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,074 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,908 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,628,864 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,346 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $964,094 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $930,279 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674,587 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792,347 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,974 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,998 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,604 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Membership Model | $570,929 |
| Subscriptions | $158,419 |
| Bad Debt Expense | $126,021 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,732 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,832,661 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,942,954 | BOYAmt |
| EOY | $1,964,427 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $554,932 | BOYAmt |
| EOY | $555,924 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,280,573 | BOYAmt |
| EOY | $1,688,528 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $548,178 | BOYAmt |
| EOY | $468,025 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,713,006 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,109,378 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,016,182 | BOYAmt |
| EOY | $1,603,628 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,559,570 | BOYAmt |
| EOY | $11,283,491 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,351,459 | BOYAmt |
| EOY | $1,366,455 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,253,848 | BOYAmt |
| EOY | $18,930,478 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,035,513 | BOYAmt |
| EOY | $6,915,458 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,583,298 | BOYAmt |
| EOY | $8,327,955 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,731,861 | BOYAmt |
| EOY | $1,644,885 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,350,672 | BOYAmt |
| EOY | $16,888,298 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,903,176 | BOYAmt |
| EOY | $2,042,180 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,903,176 | BOYAmt |
| EOY | $2,042,180 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,253,848 | BOYAmt |
| EOY | $18,930,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,251,504 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $390,508 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $372,501 | OtherCostOrOtherBasisAmt |
| Depreciation | $296,837 | DepreciationAmt |
| Book Value | $75,664 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,340,505 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,812,541 | DepreciationAmt |
| Book Value | $1,527,964 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,603,628 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investments Held for Deferred Compensation | Desc |
| Book Value | $1,366,455 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,366,455 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred Compensation Liability | $1,366,455 |
| Deferred Lease Obligation | $278,430 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,644,885 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | HFMA is exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code. HFMA is subject to taxes on unrelated business income, which is generally HFMA's advertising revenue. Income tax expense associated with unrelated business income is reflected within the taxes expense line item on the consolidated statements of activities. The Association follows the provisions of the Accounting for Uncertainty in Income Taxes section of the Income Taxes Topic of the Codification, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this guidance, the Association may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Association and various positions related to the potential sources of unrelated business income (UBI). The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. This guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes and accounting in interim periods. As of May 31, 2020 and 2019, the Association has no liability for unrecognized tax benefits. HFMA files Form 990 in the U.S. federal jurisdiction. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joseph J Fifer | ||||||||||||||
| President & CEO | $448,215 | $191,088 | $0 | $0 | $56,167 | $23,946 | $58,818 | $25,076 | $18,585 | $7,923 | $581,785 | $248,033 | $39,046 | $16,647 |
| Garth Jordan | ||||||||||||||
| SVP Corporate Strategy | $258,915 | $110,383 | $0 | $0 | $14,137 | $6,027 | $40,100 | $17,096 | $18,698 | $7,971 | $331,850 | $141,477 | $12,996 | $5,540 |
| Susan Brenkus | ||||||||||||||
| Senior VP People & Culture | $189,065 | $80,604 | $0 | $0 | $81,894 | $34,914 | $32,968 | $14,055 | $13,206 | $5,630 | $317,133 | $135,203 | $79,073 | $33,711 |
| Rick L Gundling | ||||||||||||||
| SVP Healthcare Financial Practices | $224,815 | $95,846 | $0 | $0 | $24,325 | $10,371 | $36,853 | $15,711 | $18,602 | $7,931 | $304,595 | $129,859 | $20,615 | $8,789 |
| Joyce Zimowski | ||||||||||||||
| SVP/CFO | $200,977 | $85,683 | $0 | $0 | $23,053 | $9,828 | $13,859 | $5,908 | $6,666 | $2,842 | $244,555 | $104,261 | $0 | $0 |
| William Casey | ||||||||||||||
| SVP Business Development | $175,686 | $74,900 | $0 | $0 | $18,156 | $7,740 | $31,060 | $13,242 | $18,389 | $7,840 | $243,291 | $103,722 | $17,234 | $7,348 |
| Richard Lucas | ||||||||||||||
| Director, Channel Assets | $195,811 | $83,480 | $0 | $0 | $481 | $205 | $7,377 | $3,145 | $8,327 | $3,550 | $211,996 | $90,380 | $0 | $0 |
| Mary Mirabelli | ||||||||||||||
| SVP Content Strategy and Delivery | $160,540 | $68,443 | $0 | $0 | $2,362 | $1,007 | $26,156 | $11,151 | $16,739 | $7,136 | $205,797 | $87,737 | $0 | $0 |
| Suchita Nagale | ||||||||||||||
| VP, IT | $174,937 | $74,581 | $0 | $0 | $558 | $238 | $28,305 | $12,067 | $600 | $256 | $204,400 | $87,142 | $0 | $0 |
| Todd Nelson | ||||||||||||||
| Director, Partner Relationships | $171,490 | $73,112 | $0 | $0 | $484 | $206 | $11,085 | $4,726 | $15,645 | $6,670 | $198,704 | $84,714 | $18,339 | $7,819 |
| Vincent Lynn | ||||||||||||||
| Enterprise Account Executive | $168,331 | $71,765 | $0 | $0 | $88 | $37 | $4,063 | $1,732 | $18,028 | $7,686 | $190,510 | $81,220 | $0 | $0 |
| Lorraine Schnelle | ||||||||||||||
| Director, Product Development | $148,298 | $63,224 | $0 | $0 | $829 | $353 | $10,939 | $4,664 | $12,583 | $5,364 | $172,649 | $73,605 | $0 | $0 |
| Charles Alsdurf | ||||||||||||||
| Director, HFP | $146,945 | $62,647 | $0 | $0 | $189 | $81 | $10,502 | $4,477 | $13,087 | $5,579 | $170,723 | $72,784 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | HFMA allows for first class travel as business expenses for the CEO and Board Chair to attend meetings related to HFMA business. The business expenses were treated as nontaxable to the individuals. Companion travel is allowed for the spouse or significant other of the CEO or Board Chair twice per year (Board Retreat and Annual Conference). This is not treated as taxable to the individual. HFMA paid for health club fees on behalf of the CEO, which is included in taxable compensation. |
| Part I, Line 4b | Line 4b: The following individuals received contributions to their supplemental non-qualified retirement plan in 2019: Susan Brenkus - $27,489 William Casey - $25,889 Joseph Fifer - $64,294 Rick L. Gundling - $32,964 Garth Jordan - $37,596 Mary Mirabelli - $23,408 Suchita Nagale - $23,146 The following individuals received payouts from their supplemental non-qualified retirement plan in 2019: Susan Brenkus - $112,784 William Casey - $24,582 Joseph Fifer - $55,693 Rick L. Gundling - $29,404 Todd Nelson - $26,158 Garth Jordan - $18,536 Joyce Zimowski - $28,682 (paid for amounts contributed in 2019) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, line 2 | During the fiscal year, HFMA Educational Foundation transferred its Certifications, Education, and Peer Review programs to Healthcare Financial Management Association. |
| Form 990, Part VI, Section A, line 6 | The organization has four classes of members: Regular member, Advanced member, National Life member, and a Student member. Each Regular member, Advanced member, and National Life member shall be entitled to one vote on each matter submitted to a vote of the members. Student members shall have no voting rights. |
| Form 990, Part VI, Section A, line 7a | A majority of the qualified members voting at each annual meeting shall elect the officers and directors of the organization. |
| Form 990, Part VI, Section A, line 7b | In addition to voting for officers and directors, and approving amendments to the bylaws, as provided under the HFMA bylaws, qualified HFMA members, by virtue of Illinois law, would be required to approve any decision by the board of directors to engage in the following corporate transactions: merger or consolidation; dissolution; the sale, lease, exchange of assets other than in the usual course of business; and amendment of the articles of incorporation. |
| Form 990, Part VI, Section B, line 11b | The Board of Directors has delegated responsibility for governance's review of the Form 990 to the Secretary/Treasurer who serves as a member of the Board of Directors, as a member of the Executive Committee and Chair of the Audit and Finance Committee. Members of the Board of Directors are provided with copies of the returns prior to the returns being filed. |
| Form 990, Part VI, Section B, line 12c | HFMA has a formal Board policy which directs the review and affirmation of the organization's Conflict of Interest policy and related guidelines. The policy is provided to new board members every three years. |
| Form 990, Part VI, Section B, line 15 | HFMA uses an annual formal process for determining the annual compensation for the President/CEO and business executives. This process includes: use of independent outside business consultants; review and approval by a governing body or compensation committee; use and reference of compensation data for comparison of similar qualified professionals in functionally comparable positions at similarly situated organizations; contemporaneous documentation and record keeping with respect to deliberations and decision regarding the compensation arrangement. |
| Form 990, Part VI, Section C, line 19 | The organization disclosed its IRS Form 990 tax documents and audited financial statements on its official HFMA website - www.HFMA.org. Copies of IRS Form 990 are supplied to outside inquiries upon request. The organization also makes its Constitution, Bylaws, Code of Ethics and Mission statements available on its official website. |
| Form 990, Part VII, Section A: | Reportable compensation in columns (D) and (E) is paid from a common paymaster, Healthcare Financial Management Association (EIN: 36-2318336). The compensation attributed to services for the filing organization is allocated to column (D). |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Healthcare Financial Management Association Educational Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Westbrook Corp Center Suite 600 | AddressLine1Txt |
| City | Westchester | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362544491 | EIN |
| Primary Activities | Foster/Increase financial management knowledge through education | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Healthcare Financial Management Association | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HFMA Learning Solutions Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Westbrook Corporate Center Suite | AddressLine1Txt |
| City | Westchester | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364239827 | EIN |
| Primary Activities | Education media | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Healthcare Financial Management Association | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $236,033 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Healthcare Financial Management Association Educational Foundation | ||
| S | $3,756,824 | Accrual |
| Healthcare Financial Management Association Educational Foundation | ||
| L | $3,489,697 | Accrual |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II | FormAndLineReferenceDesc |
| Explanation | Healthcare Financial Management Association Education Foundation is a related organization which is included in another group exemption with subordinate organizations. The Foundation is affiliated with HFMA through common membership of their respective Boards of Directors. | ExplanationTxt |