North Carolina Medical Group Managers
- Assets
- $254.1k
- Revenue
- $499.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 58-1681015
Organization Overview
North Carolina Medical Group Managers, operating under the name North Carolina Medical Group Management Association, is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. North Carolina Medical Group Management Association 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 12/2022, North Carolina Medical Group Management Association generated $499.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $509.4k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH CAROLINA MEDICAL GROUP MANAGEMENT ASSOCIATION (NCMGMA) GIVES THE PROFESSIONAL ADMINISTRATOR A RICH SOURCE OF INFORMATION AND CONTACTS FOR PROFESSIONAL GROWTH. SINCE OUR FOUNDING IN 1971, WE HAVE BEEN REPRESENTING THE HEALTHCARE INDUSTRY AND MEDICAL PRACTICES ACROSS NORTH CAROLINA. OUR MEMBERSHIP INCLUDES EXECUTIVES AND MANAGERS OF PRIVATE GROUP PRACTICES, ACADEMIC MEDICAL CENTERS, INTEGRATED DELIVERY SYSTEMS, AND COMPANIES THAT SUPPORT MEDICAL PROVIDER ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH CAROLINA MEDICAL GROUP MANAGERS (NCMGM) DBA: NORTH CAROLINA MEDICAL GROUP MANAGEMENT ASSOCIATION (THE ASSOCIATION) IS A NORTH CAROLINA NONPROFIT PROFESSIONAL MEMBERSHIP ASSOCIATION ORGANIZED ON JULY 16, 1987, TO PROMOTE THE BUSINESS OF MEDICAL PRACTICE MANAGEMENT IN NORTH CAROLINA. MEMBERS PAY ANNUAL DUES TO PROVIDE FUNDS FOR OPERATIONAL EXPENSES. CURRENT MEMBER SERVICES INCLUDE THE FOLLOWING:CONFERENCES CONFERENCES TO EDUCATE MEMBERS IN THE ADVANCEMENT OF MEDICAL PRACTICE MANAGEMENT ARE HELD ANNUALLY IN THE SPRING AND IN THE FALL.COMMITTEES COMMITTEES DEVELOP AND ENCOURAGE HIGH STANDARDS OF SERVICE AND CONDUCT OF MEDICAL PRACTICE MANAGERS AND PROVIDE FOR THE SHARING OF EXPERIENCE AND EXCHANGE OF OPINIONS THROUGH DISCUSSION AND STUDY.WEBSITE THE WEBSITE PROVIDES USEFUL INFORMATION ABOUT THE ASSOCIATION AND HAS RESOURCES FOR MEDICAL PRACTICE MANAGERS.NEWSLETTER/E-NEWS BLOG THE NEWSLETTER IS USED TO DISSEMINATE DATA AND BUSINESS INFORMATION.JOB POSTINGS THROUGH THE ASSOCIATION, JOBS MAY BE POSTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Mckinney Immediate Past President | OfficerTrustee | 2 | $0 |
Matt Johnson MA MBA President | OfficerTrustee | 2 | $0 |
Chad Ghorley President-Elect | OfficerTrustee | 2 | $0 |
Lisa Hooks Treasurer | OfficerTrustee | 2 | $0 |
Charlie Furr Secretary | OfficerTrustee | 2 | $0 |
Amber Popham CIC CRM Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $498,110 |
| Investment income | $1,530 |
| 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 | $499,640 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $221,073 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,109 |
| Office expenses | $475 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $206,658 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,628 |
| All other expenses | $30,673 |
| Total functional expenses | $509,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,388 |
| Savings and temporary cash investments | $190,911 |
| 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 | $59,799 |
| 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 | $254,098 |
| Accounts payable and accrued expenses | $10,661 |
| Grants payable | $0 |
| Deferred revenue | $85,912 |
| 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 | $96,573 |
| Net assets without donor restrictions | $157,525 |
| 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 | $254,098 |