2025-02-28T12:14:55-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-07-01 841119908 MGMA REALTY CORP MGMA 3037991111 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 AKASH MADIAH COO/CFO 3037991111 2025-02-26 1 1 SARAH HINTZ P00492291 3037795710 2025-02-26 2023 2025-03-06 01:10:19Z AKASH MADIAH 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 803963 0 X WWW.MGMA.COM X 1989 CO HOLDS TITLE TO REAL PROPERTY AND COLLECTS RENT FROM ITS EXEMPT PARENT, MGMA-ACMPE. 12 12 0 12 0 0 0 0 714036 803963 0 0 0 0 714036 803963 0 0 0 0 230190 261217 0 0 0 483847 542745 714037 803962 -1 1 1032694 904439 1273746 1145490 -241052 -241051 MGMA REALTY CORP HOLDS TITLE TO REAL PROPERTY AND COLLECTS RENT FROM ITS EXEMPT PARENT, MGMA-ACMPE. 0 0 MGMA REALTY CORP HOLDS TITLE TO THE REAL PROPERTY AND COLLECTS RENT FROM ITS EXEMPT PARENT, MGMA-ACMPE. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AKASH MADIAH 3037991111 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 HALEE FISCHER-WRIGHT PRESIDENT/CEO 2.00 44.00 X 0 1640400 66074 RONALD HOLDER COO (THRU 5/24) 2.00 44.00 X 0 637882 72370 AKASH MADIAH CFO/COO 2.00 44.00 X 0 600044 44058 JEFFREY W SMITH BOARD CHAIR 1.00 3.00 X X 0 0 0 ERIC D CROCKETT VICE CHAIR 1.00 3.00 X X 0 0 0 JENNIFER GOSNEY FINANCE/AUDIT CHAIR 1.00 3.00 X X 0 0 0 RICHARD T SCHLOSBERG FINANCE/AUDIT VICE CHAIR 1.00 3.00 X X 0 0 0 KAREN MARCELO PAST BOARD CHAIR 1.00 3.00 X X 0 0 0 JASON CRAIG MEMBER AT LARGE 1.00 3.00 X 0 0 0 MICHAEL T FUNK MEMBER AT LARGE 1.00 3.00 X 0 0 0 GENA A GRAVES MEMBER AT LARGE 1.00 3.00 X 0 0 0 MICHAEL O'CONNELL MEMBER AT LARGE (THRU 10/23) 1.00 3.00 X 0 0 0 LOLA A OSAWE MEMBER AT LARGE (THRU 10/23) 1.00 3.00 X 0 0 0 STEVEN QUACH MEMBER AT LARGE 1.00 3.00 X 0 0 0 RAMI RIHANI MEMBER AT LARGE 1.00 3.00 X 0 0 0 TONY STAJDUHAR MEMBER AT LARGE 1.00 3.00 X 0 0 0 PETER VALENZUELA MEMBER AT LARGE 1.00 3.00 X 0 0 0 0 2878326 182502 0 0 1 0 0 RENTAL INCOME 531120 803963 803963 803963 803963 803963 0 0 212400 33108 56 15653 2835 12619 304840 2567 2708 MAINTENANCE REPAIRS 215229 DUES AND SUBSCRIPTIONS 1947 803962 210375 42129 6834874 5972564 822319 862310 1032694 904439 86475 88660 1187271 1056830 1273746 1145490 X -241052 -241051 -241052 -241051 1032694 904439 1 0 X X 0 1 X 1 0 820745 820745 5961065 5961065 0 53064 11499 41565 862310 DUE TO MGMA-ACMPE 1056830 1056830 X PART X, LINE 2: THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JUNE 30, 2024 AND 2023. X 1 1 0 0 0 HALEE FISCHER-WRIGHT PRESIDENT/CEO 0 1168556 0 445000 0 26844 0 38190 0 27884 0 1706474 0 0 RONALD HOLDER COO (THRU 5/24) 0 480554 0 153934 0 3394 0 38190 0 34180 0 710252 0 0 AKASH MADIAH CFO/COO 0 432482 0 165032 0 2530 0 38190 0 5868 0 644102 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL WILL BE EXCLUDED AS TAXABLE TO THE EXECUTIVES FOR FLIGHTS OVER TWO HOURS IN DURATION. THE PURPOSE FOR ALLOWING THIS BENEFIT ON LONGER DURATION FLIGHTS IS TO ENSURE OPTIMAL CONDITIONS FOR BEING PRODUCTIVE AND COMPLETING MGMA BUSINESS. THE FOLLOWING INDIVIDUALS WERE PROVIDED WITH THE FIRST CLASS TRAVEL BENEFIT: 1) AKASH MADIAH 2) HALEE FISCHER-WRIGHT 3) RON HOLDER PART I, LINE 3 THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES, SO IT DOES NOT HAVE A PROCESS FOR DETERMINING EXECUTIVE COMPENSATION. THE TOP MANAGEMENT POSITIONS ARE SHARED WITH MGMA-ACMPE (EIN: 45-2766110). THE PROCESS FOR DETERMINING THE EXECUTIVE COMPENSATION AT MGMA-ACMPE IS AS FOLLOWS: MGMA USES A COMPENSATION CONSULTANT, GALLAGHER BENEFIT SERVICES, INC, TO PROVIDE AN ANALYSIS OF TOTAL COMPENSATION FOR ITS CEO. MGMA HAS A FORMAL STATEMENT OF EXECUTIVE COMPENSATION PHILOSOPHY THAT WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD ON JUNE 23, 2016. THE ANALYSIS INCORPORATED ALL ASPECTS OF COMPENSATION, INCLUDING SALARY, INCENTIVES, BENEFITS, SEVERANCE, AND PERQUISITES. THIS REPORT WAS ISSUED IN JUNE, 2024. IT WAS DETERMINED THAT SHE WOULD BE AWARDED A MARKET INCREASE. THE ANALYSIS WAS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT OF THE BOARD APPROVED AND COMMUNICATED THE APPROVAL TO THE CEO AND TO THE VICE PRESIDENT OF HUMAN RESOURCES. FOR THE REMAINING OFFICERS OF THE ASSOCIATION, COMPENSATION IS REVIEWED ON AN ANNUAL OR BIENNIAL BASIS. THE LAST STUDY WAS COMPLETED IN SPRING 2024. THE STUDY IS COMPLETED BY A COMPENSATION CONSULTANT, GALLAGHER BENEFIT SERVICES, INC TO PROVIDE AN ANALYSIS OF TOTAL COMPENSATION FOR ITS CEO AND OTHER OFFICERS. THIS INFORMATION IS REVIEWED WITH THE CEO. THE INFORMATION IS VALIDATED AGAINST CURRENT MARKET COMPETITIVENESS AGAINST THE EXISTING COMPENSATION FOR EACH EXECUTIVE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE FOLLOWING: CHAIR OF THE BOARD, VICE CHAIR OF THE BOARD, IMMEDIATE PAST CHAIR OF THE BOARD, AND FINANCE/AUDIT CHAIR. THE EXECUTIVE COMMITTEE SHALL REVIEW AND TAKE ACTION ON ITEMS THAT, IN THE DISCRETION OF THE CHAIR OF THE BOARD, MUST BE ACTED UPON PRIOR TO A FULL MEETING OF THE BOARD, IN SITUATIONS WHERE A MEETING WITH THE FULL BOARD IS NOT PRACTICABLE. ACTIONS OF THE EXECUTIVE COMMITTEE OTHER THAN THOSE RELATING TO THE SALARY AND PERFORMANCE EVALUATION OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER, SHALL BE POSTED ELECTRONICALLY AS SOON AS PRACTICABLE FOR REVIEW BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 MGMA-ACMPE IS THE SOLE MEMBER OF MGMA REALTY CORP. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIR OF THE BOARD OF MGMA-ACMPE, THE VICE CHAIR OF THE BOARD OF MGMA-ACMPE, THE IMMEDIATE PAST CHAIR OF THE BOARD OF MGMA-ACMPE, THE FINANCE/AUDIT CHAIR OF MGMA-ACMPE AND THE FINANCE/AUDIT VICE CHAIR OF MGMA-ACMPE SHALL EACH SERVE AS EX OFFICIO, VOTING MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION, AND THE REMAINING 9 TO 13 VOTING DIRECTORS SHALL BE APPOINTED ANNUALLY BY THE BOARD OF DIRECTORS OF MGMA-ACMPE AT THE REGULARLY SCHEDULED MEETING OF THE MGMA-ACMPE BOARD OF DIRECTORS HELD IN THE FALL OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, THE DIRECTOR OF ACCOUNTING AND THE CFO WILL BE THE FIRST TO REVIEW THE FORM 990 UPON COMPLETION. THE CFO WILL THEN PRESENT THE FORM 990 TO THE FINANCE/AUDIT COMMITTEE FOR A COMPLETE DETAIL REVIEW AND THEIR APPROVAL. ONCE THE FINANCE/AUDIT COMMITTEE HAS APPROVED, THE BOARD MEMBERS WILL RECEIVE A COPY OF THE FORM 990 AND THE CHAIR WILL PRESENT THE FORM 990 FOR APPROVAL BY THE FULL BOARD PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C MGMA-ACMPE'S OFFICERS, BOARD OF DIRECTORS, AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE IN WRITING ON AN ANNUAL BASIS ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. IF ANY CONFLICTS EXIST, THE BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON ANY MATTERS PERTAINING TO THE CONFLICT. THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY INQUIRING AT EACH BOARD MEETING WHETHER THERE HAVE BEEN ANY CHANGES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST SINCE THE BOARD MEMBERS SIGNED THE ANNUAL AFFIRMATION. ALL PROCEDURES RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN MEETING MINUTES. THE FISCAL POLICY 2.01(A) OUTLINES THE POLICY AND PROCEDURE TO FOLLOW. FORM 990, PART VI, SECTION C, LINE 19 MGMA-ACMPE POSTS ITS AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND THE IRS FORM 990 AND GOVERNING DOCUMENTS OF MGMA REALTY CORP. ON ITS WEBSITE. THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED IN THE PRIOR YEAR. ACMPE SCHOLARSHIP FUND 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 201366779 SCHOLARSHIP PROGRAM CO 501(C)(3) LINE 12A, I MGMA-ACMPE 0 ALABAMA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 990990789 HEALTHCARE MANAGEMENT ASSOCIATION AL 501(C)(6) N/A MGMA-ACMPE 0 ARIZONA AND NEW MEXICO MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 331306207 HEALTHCARE MANAGEMENT ASSOCIATION AZ 501(C)(6) N/A MGMA-ACMPE 0 FLORIDA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991022136 HEALTHCARE MANAGEMENT ASSOCIATION FL 501(C)(6) N/A MGMA-ACMPE 0 IOWA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991044506 HEALTHCARE MANAGEMENT ASSOCIATION IA 501(C)(6) N/A MGMA-ACMPE 0 MARYLAND AND DELAWARE MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991074122 HEALTHCARE MANAGEMENT ASSOCIATION MD 501(C)(6) N/A MGMA-ACMPE 0 MA AND RI MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991102077 HEALTHCARE MANAGEMENT ASSOCIATION MA 501(C)(6) N/A MGMA-ACMPE 0 MGMA CENTER FOR RESEARCH 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 840647139 RESEARCH CO 501(C)(3) LINE 12A, I MGMA-ACMPE 0 MGMA-ACMPE 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 452766110 HEALTHCARE MANAGEMENT ASSOCIATION CO 501(C)(6) N/A N/A 0 MICHIGAN MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991624460 HEALTHCARE MANAGEMENT ASSOCIATION MI 501(C)(6) N/A MGMA-ACMPE 0 MINNESOTA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991134152 HEALTHCARE MANAGEMENT ASSOCIATION MN 501(C)(6) N/A MGMA-ACMPE 0 NEBRASKA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991170224 HEALTHCARE MANAGEMENT ASSOCIATION NE 501(C)(6) N/A MGMA-ACMPE 0 NEVADA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991198315 HEALTHCARE MANAGEMENT ASSOCIATION NV 501(C)(6) N/A MGMA-ACMPE 0 NEW HAMPSHIRE AND VERMONT MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991226486 HEALTHCARE MANAGEMENT ASSOCIATION NH 501(C)(6) N/A MGMA-ACMPE 0 NEW JERSEY MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991254662 HEALTHCARE MANAGEMENT ASSOCIATION NJ 501(C)(6) N/A MGMA-ACMPE 0 OHIO MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991277813 HEALTHCARE MANAGEMENT ASSOCIATION OH 501(C)(6) N/A MGMA-ACMPE 0 PENNSYLVANIA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 232252406 HEALTHCARE MANAGEMENT ASSOCIATION PA 501(C)(6) N/A MGMA-ACMPE 0 TEXAS MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991308255 HEALTHCARE MANAGEMENT ASSOCIATION TX 501(C)(6) N/A MGMA-ACMPE 0 VIRGINIA MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991333905 HEALTHCARE MANAGEMENT ASSOCIATION VA 501(C)(6) N/A MGMA-ACMPE 0 WASHINGTON MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991358409 HEALTHCARE MANAGEMENT ASSOCIATION WA 501(C)(6) N/A MGMA-ACMPE 0 WISCONSIN MEDICAL GROUP MANAGEMENT ASSOCIATION 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 991387983 HEALTHCARE MANAGEMENT ASSOCIATION WI 501(C)(6) N/A MGMA-ACMPE 0 MGMA SERVICES INC 104 INVERNESS TERRACE EAST ENGLEWOOD CO 80112 841546758 BUSINESS VENTURES CO MGMA-ACMPE C 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 MGMA-ACMPE J 803963 ACTUAL REVENUE MGMA-ACMPE O 261217 ACTUAL EXPENSE MGMA-ACMPE E 1056830 INTERCOMPANY PAYABLE