2024-04-01T16:52:05-05:00 2023-05-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2022-06-01 362544491 Healthcare Financial Management Association Educational Foundation HEAL 7085319600 2001 Butterfield Rd 1500 Downers Grove IL 60515 C Ann Jordan President & CEO 7085319600 2024-03-25 1 C Ann Jordan 999009999 1 Rebekuh Eley P01247672 3126343400 2024-03-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z C Ann Jordan 2001 Butterfield Rd 1500 Downers Grove IL 60515 9020301 0 9431 X N/A X 1996 IL To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field. 13 12 0 13 0 0 18325 12351 5532344 8470722 597548 537228 0 0 6148217 9020301 0 0 0 0 0 0 0 0 0 6431538 7659405 6431538 7659405 -283321 1360896 29555753 32485751 6824277 9019981 22731476 23465770 To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field. 0 0 7414395 8470722 The purpose of Healthcare Financial Management Association Educational Foundation (EF) is to receive and administer funds and property for educational purposes, including the instruction or training of individuals and groups, utilizing discussion groups, forums, panels, lectures or similar programs and through various courses of instruction for the purpose of improving or developing capabilities in the field of healthcare financial management. The largest revenue generating event for EF is the Annual Conference which provides members an opportunity for face to face education, lecture, panel discussion, sharing of best practice processes and networking. 7414395 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 1 1 0 0 0 IL X X Steve S Saldivar 7085319600 2001 Butterfield Rd 1500 Downers Grove IL 60515 X Joseph J Fifer President & CEO until 5/31/23 13.00 27.00 X X 419809 979554 117678 Aaron R Crane Chairman 0.40 4.00 X X 0 0 0 Dennis E Dahlen Chair-Elect 0.40 3.60 X X 0 0 0 Marc B Scher Secretary/Treasurer 0.30 3.00 X X 0 0 0 Abby Birch Director 0.30 2.30 X 0 0 0 Colleen M Blye Director 0.30 2.30 X 0 0 0 Maureen A Clancy Director 0.30 2.30 X 0 0 0 Matthew E Cox Director 0.30 2.30 X 0 0 0 Carladenise Armbrister Edwards Director 0.30 2.30 X 0 0 0 David W Johnson Director 0.30 2.30 X 0 0 0 Jeffrey T O'Malley Director 0.30 2.30 X 0 0 0 Margaret L Schuler Director 0.30 2.30 X 0 0 0 Marcus Whitney Director 0.30 2.30 X 0 0 0 Richard Gundling SVP, Healthcare Financial Practices 13.00 27.00 X 140005 326679 86070 William Casey SVP, Member Experience and Business Development 13.00 27.00 X 122114 284934 73013 Mary Mirabelli SVP, Content Strategy and Delivery 13.00 27.00 X 120487 281137 44726 Joyce Zimowski SVP/CFO until 12/6/22 13.00 27.00 X 117462 274078 31732 Lisa Richards VP, People and Culture 13.00 27.00 X 79945 186539 60566 Richard Lucas Director, Channel Assets 13.00 27.00 X 135305 315712 22252 Vincent Lynn Enterprise Account Executive 13.00 27.00 X 122690 286276 33350 Todd Nelson Director, Partner Relationships 13.00 27.00 X 80329 187434 37196 Richard Schellenberg Account Executive 13.00 27.00 X 68928 160832 32796 Rita Walker Director, Channel Assets 13.00 27.00 X 65119 151946 41769 1472193 3435121 581148 7 0 1 0 Production Resource Group LLC PO Box 419470 Boston MA 02241 Event Services 651832 Service America Corporation dba Centerpl 700 14th Street Denver CO 80202 Catering Services 585162 Shepard Exposition Services 1778 Marietta Boulevard NW Atlanta GA 30318 Exposition Services 204686 Hilton New Orleans Riverside Two Poydras Street New Orleans LA 70130 Catering/Room Services 160194 SMG dba ASM Global Colorado Convention C 700 14th Street Denver CO 80202 Facility Rental 124619 5 12351 12351 Sponsorships 900099 4329465 4329465 Exhibits & Fees 611710 3690655 3690655 Training 611710 317813 317813 Education 611710 107498 107498 25291 25291 8470722 484714 484714 52514 0 52514 52514 52514 9020301 8470722 0 537228 4107487 3991508 115979 35880 35880 29572 29572 758058 754608 3450 177185 177185 131758 72629 59129 876952 876952 1032576 1031576 1000 509937 509937 7659405 7414395 245010 0 123320 5009415 5441436 0 2158501 2158422 424174 753949 19633180 19540872 1775142 5023093 29555753 32485751 150588 213948 6673689 8806033 6824277 9019981 X 22731476 23465770 22731476 23465770 29555753 32485751 1360896 -626602 0 X 0 1 X 1 0 X 0 2945 0 18325 12351 33621 11054202 7533488 2496277 5532344 8470722 35087033 11054202 7536433 2496277 5550669 8483073 35120654 0 383520 185130 292006 860656 383520 185130 292006 860656 34259998 791736 576045 549579 370057 484714 2772131 791736 576045 549579 370057 484714 2772131 11845938 8112478 3045856 5920726 8967787 37892785 0.90410 0.84930 0.07320 0.13620 X 0 Chapter - Restricted Funds 79099 Due from Affiliates 4943994 5023093 X 8364127 -626602 -626602 8990729 29572 29572 9020301 7629833 0 7629833 29572 29572 7659405 Part X, Line 2: The Foundation 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 financial statements. Under this guidance, the Foundation 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 Foundation and various positions related to the potential sources of unrelated business income (UBI). There were no unrecognized tax benefits identified or recorded as liabilities as of May 31, 2023 and 2022. 0 1 0 0 0 0 0 0 0 Joseph J Fifer President & CEO until 5/31/23 372200 868467 46338 108121 1271 2966 28275 65976 7028 16399 455112 1061929 20678 48248 Richard Gundling SVP, Healthcare Financial Practices 122999 286997 15367 35857 1639 3825 17285 40331 8536 19918 165826 386928 14062 32812 William Casey SVP, Member Experience and Business 108324 252757 12962 30245 828 1932 15582 36357 6322 14752 144018 336043 11204 26143 Richard Lucas Director, Channel Assets 134918 314809 0 0 387 903 3435 8016 3240 7561 141980 331289 0 0 Mary Mirabelli SVP, Content Strategy and Delivery 104902 244771 13139 30659 2446 5707 6405 14945 7013 16363 133905 312445 9302 21706 Vincent Lynn Enterprise Account Executive 122648 286178 0 0 42 98 1880 4387 8125 18958 132695 309621 0 0 Joyce Zimowski SVP/CFO until 12/6/22 101710 237323 13510 31523 2242 5232 6405 14945 3115 7267 126982 296290 8768 20458 Lisa Richards VP, People and Culture 69866 163021 9840 22961 239 557 12128 28298 6042 14098 98115 228935 0 0 Todd Nelson Director, Partner Relationships 72652 169521 7470 17430 207 483 4936 11517 6223 14520 91488 213471 0 0 Richard Schellenberg Account Executive 68549 159947 0 0 379 885 2199 5130 7640 17827 78767 183789 0 0 Rita Walker Director, Channel Assets 65034 151747 0 0 85 199 3004 7009 9527 22229 77650 181184 0 0 Part I, Line 3 The compensation is determined by the related organization, Healthcare Financial Management Association. The following methods were used: -Compensation committee -Independent compensation consultant -Form 990 of other organizations -Compensation survey or study -Approval by the board or compensation committee Part I, Line 4b The following individuals received contributions to their supplemental non-qualified retirement plan in 2022: William Casey $30,589 Joseph Fifer $72,901 Rick L. Gundling $36,265 Lisa Richards $23,222 The following individuals received payouts from their supplemental non-qualified retirement plan in 2022: William Casey $37,347 Joseph Fifer $68,926 Rick L. Gundling $46,874 Joyce Zimowski $29,225 Mary Mirabelli $31,008 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. 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 The Organization 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 board members annually. Form 990, Part VI, Section B, line 15 The related organization, Healthcare Financial Management Association, 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 recordkeeping with respect to deliberations and decision regarding the compensation arrangement. Form 990, Part VI, Section C, line 19 The organization's Governing Documents, Conflict of Interest Statement and Financial Statements are supplied to outside inquiries upon request. 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). Healthcare Financial Management Association 2001 Butterfield Rd Suite 1500 Downers Grove IL 60515 362318336 Professional Membership Organization IL 501(c)(6) N/A 0 HFMA Learning Solutions Inc 2001 Butterfield Rd Suite 1500 Downers Grove IL 60515 364239827 Education Media IL N/A C 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 Healthcare Financial Management Association M 4107487 Accrual Healthcare Financial Management Association R 7249796 Accrual HFMA Learning Solutions Inc E 236033 Accrual Part II Healthcare Financial Management Association is a related organization which is included in another group exemption with subordinate organizations. HFMA is affiliated with the Foundation through common membership of their respective Boards of Directors.