American Association of Medical Assistants Inc
- Assets
- $13.9m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 27
- Location
- Chicago, IL
- Founding
- Data as of
- 06/2023
- EIN
- 36-2413579
Organization Overview
American Association of Medical Assistants Inc is located in Chicago, IL. As of 06/2023, American Association of Medical Assistants Inc employed 27 individuals. American Association of Medical Assistants Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, American Association of Medical Assistants Inc generated $6.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSOCIATION AND ACCREDITATION FOR MEDICAL ASSISTANTS. CONTINUING EDUCATION FOR MEDICAL ASSISTANTS AND CERTIFICATION OF MEDICAL ASSISTANT IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSOCIATION FOR MEDICAL ASSISTANTS, CONTINUING EDUCATION FOR MEDICAL ASSISTANTS AND CERTIFICATION OF MEDICAL ASSISTANT IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Balasa CEO | 50 | $302,634 | |
Lee Rumpel Manager | 40 | $147,972 | |
Katherine Gottwaldt Director Of Cert | 40 | $142,400 | |
Nicole Hochschild COO | 40 | $129,936 | |
Sahenaz Pirani Accountant | 40 | $125,300 | |
Gina Lang Mokijewski Manager | 40 | $110,353 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,747,284 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,769,234 |
| Total Program Service Revenue | $4,761,509 |
| Investment income | $0 |
| 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 | $6,530,743 |
| 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. | $432,571 |
| Compensation of current officers, directors, key employees. | $236,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,669,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,145 |
| Office expenses | $10,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $295,991 |
| Travel | $228,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $274,063 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,286 |
| Insurance | $249,032 |
| All other expenses | $820,002 |
| Total functional expenses | $5,415,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,172,722 |
| Savings and temporary cash investments | $7,500,000 |
| 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 | $59,089 |
| Net Land, buildings, and equipment | $133,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,054,464 |
| Total assets | $13,919,415 |
| Accounts payable and accrued expenses | $396,776 |
| Grants payable | $0 |
| Deferred revenue | $900,302 |
| 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 | $1,092,137 |
| Total liabilities | $2,389,215 |
| Net assets without donor restrictions | $11,530,200 |
| 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 | $13,919,415 |