Alliance Of Independent Academic Medical Centers
- Assets
- $396.3k
- Revenue
- $503.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 01-0492125
Organization Overview
Alliance Of Independent Academic Medical Centers is located in Chicago, IL. The organization was established in 2000. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 12/2021, Alliance Of Independent Academic Medical Centers employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance Of Independent Academic Medical Centers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Alliance Of Independent Academic Medical Centers generated $503.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $415.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATON IS A NATIONAL NETWORK OF LARGE ACADEMIC MEDICAL CENTERS AND HEALTH SYSTEMS COMMITTED TO QUALITY PATIENT CARE, MEDICAL EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARING EXPERTISE AND RESOURCES TO PROMOTE INNOVATION IN MEDICAL EDUCATION AND RESEARCH AND PROVIDING A FORUM TO ADDRESS ISSUES OF INTEREST AND CONCERN TO THE ACADEMIC LEADERSHIP IN MEMBER INSTITUTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Pierce Burke Exec. Director | OfficerTrustee | 40 | $217,199 |
Joseph Portoghese MD Secy/treas | OfficerTrustee | 10 | $0 |
Heather Sankey MD Vice President | OfficerTrustee | 10 | $0 |
Robert Dressler MD Board Member | OfficerTrustee | 10 | $0 |
Shelly Monks Fache President | Trustee | 10 | $0 |
Joyce Lammert MD Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $332,918 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,918 |
| Total Program Service Revenue | $170,845 |
| Investment income | $60 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $503,823 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $217,198 |
| Compensation of current officers, directors, key employees. | $4,344 |
| Compensation to disqualified persons | $37,678 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $18,026 |
| Other employee benefits | $0 |
| Payroll taxes | $15,522 |
| Fees for services: Management | $24,741 |
| Fees for services: Legal | $114 |
| Fees for services: Accounting | $1,837 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,404 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,437 |
| All other expenses | $4,382 |
| Total functional expenses | $415,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,470 |
| Savings and temporary cash investments | $117,812 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $396,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $396,282 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $396,282 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliance Of Independent Academic Medical Centers has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Central Iowa Hospital Corporation Des Moines, IA PURPOSE: PROGRAM SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Integrated Health Network St Louis, MO | $2,446,332 | $3,130,676 |
Childrens Miracle Network Of Greater St Louis Manchester, MO | $1,652,131 | $2,716,140 |
Society For Research On Nicotine And Tobacco Madison, WI | $1,530,995 | $1,343,536 |
Heartland Health Research Alliance Ltd Brookfield, WI | $249,427 | $1,145,446 |
Starkloff Disability Institute St Louis, MO | $918,711 | $1,451,893 |
The American Foregut Society Lombard, IL | $780,615 | $940,156 |
Midwest Health Initiative Saint Louis, MO | $297,432 | $766,326 |
Fellowship For Interpretation Of Genomes Burr Ridge, IL | $745,842 | $701,185 |
Alliance Of Independent Academic Medical Centers Chicago, IL | $396,282 | $503,823 |
Midwest Vision Research Foundation Chesterfield, MO | $3,486,439 | $1,104,438 |
Ginther Eutherian Foundation Inc Cross Plains, WI | $18,161 | $83,213 |
Growing Spine Foundation Milwaukee, WI | $0 | $94,880 |