Nonprofit · EIN 54-0536002
AMERICAN MEDICAL GROUP ASSOCIATION INC
Also known as AMGA INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $16,334,741 | $16,403,019 | -$68,278 | $21,175,075 | $7,491,890 | $13,683,185 |
| December 31, 2023 | 990 | $16,726,333 | $16,859,615 | -$133,282 | $20,357,430 | $6,873,077 | $13,484,353 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,900,655
- Membership dues
- $5,900,655
- Program service revenue
- $9,788,108
- Investment income
- $270,844
- Royalties
- $1,089
- Net gain from sales of assets
- $24,054
- Other revenue
- $375,134
Expenses
- Grants and similar amounts paid
- $253,750
- Compensation of officers, directors and key employees
- $1,211,674
- Other salaries and wages
- $5,978,086
- Salaries, compensation and benefits (total)
- $8,912,256
- Professional fundraising fees
- $0
- Legal fees
- $19,124
- Accounting fees
- $50,879
- Occupancy
- $152,140
- Travel
- $411,340
- Depreciation
- $282,856
Balance sheet and other
- Total assets, start of year
- $20,357,430
- Total assets, end of year
- $21,175,075
- Total liabilities, end of year
- $7,491,890
- Net assets, end of year
- $13,683,185
- Land, buildings and equipment
- $8,544,818
- Publicly traded securities
- $6,137,751
- Net assets without donor restrictions
- $13,683,185
- Gross unrelated business income
- $185,051
- Gross receipts
- $17,573,721
- Employees
- 50
- Volunteers
- 0
- Year formed
- 1950
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JERROLD PENSO MD MBA | PRESIDENT & CEO Officer | 39 | $768,708 | $7,907 | $147,535 |
| JOHN KENNEDY | EMPLOYEE Highest-paid employee | 20 | $153,095 | $339,878 | $118,033 |
| CHESTER SPEED | VP PUBLIC POLICY Highest-paid employee | 40 | $466,682 | $0 | $86,863 |
| RYAN O'CONNOR | COO Key employee | 40 | $401,358 | $0 | $73,445 |
| ELIZABETH CIEMINS | EMPLOYEE Highest-paid employee | 40 | $344,319 | $0 | $53,638 |
| SHARON GRACE | CHIEF MKTG & COMM OFFICER Highest-paid employee | 40 | $307,035 | $0 | $89,068 |
| CARRIE HANLON | CFO Officer | 40 | $269,253 | $0 | $30,945 |
| WILLIAM BARON | EMPLOYEE Highest-paid employee | 40 | $222,819 | $0 | $53,482 |
| ALKA ATAL-BARRIO MD FAAP MMM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY TATUM MD | CHAIR ELECT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARY JO WILLIAMSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DANIEL M DUNCANSON MD CPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ED CURTIS CMPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAIN HARTE MD MHM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARIC SHARP MHA CMPE FACHE | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUIS GARCIA MD MBA FACS FASMBS | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE FLYNN HENRY JD | DIRECTOR Trustee or director | 1 | $0 |
| KEITH JONES MD | DIRECTOR Trustee or director | 1 | $0 |
| BETH AVERBECK MD FACP | TREASURER Trustee or director, Officer | 1 | $0 |
| J STEPHEN JONES MD | CHAIR Trustee or director, Officer | 1 | $0 |
| SCOTT BARLOW MBA | DIRECTOR Trustee or director | 1 | $0 |
| JACOB J BAST MHA FACMPE FACHE | DIRECTOR Trustee or director | 1 | $0 |
| MARIJKA GREY MD MBA FACP | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP M ORAVETZ MD MPH MBA | AT-LARGE MEMBER Trustee or director | 1 | $0 |
| MICHAEL A ROSSI MD MBA FACC | DIRECTOR Trustee or director | 1 | $0 |
| ADNAN R MUNKARAH MD CPE | DIRECTOR Trustee or director | 1 | $0 |
| ELISABETH M STAMBAUGH MD MMM | DIRECTOR Trustee or director | 1 | $0 |
| LETESHA MONTGOMERY RN MHA FACHE | DIRECTOR Trustee or director | 1 | $0 |
| TODD C SMITH MD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JERROLD PENSO MD MBA | PRESIDENT & CEO Officer | 39 | $819,020 | $5,034 | $145,530 |
| JOHN KENNEDY | EMPLOYEE Highest-paid employee | 20 | $247,968 | $243,313 | $112,090 |
| CHESTER SPEED | VP PUBLIC POLICY Highest-paid employee | 40 | $450,903 | $0 | $83,547 |
| RYAN O'CONNOR | COO Key employee | 40 | $394,086 | $0 | $72,786 |
| SHARON GRACE | CHIEF MKTG & COMM OFFICER Highest-paid employee | 40 | $325,742 | $0 | $84,975 |
| ELIZABETH CIEMINS | EMPLOYEE Highest-paid employee | 40 | $322,322 | $0 | $29,866 |
| CLYDE L MORRIS | PAST CFO Officer | 39 | $209,309 | $0 | $48,101 |
| JAMES MILLER | EMPLOYEE Highest-paid employee | 40 | $215,835 | $0 | $32,557 |
| CARRIE HANLON | CFO Officer | 40 | $216,852 | $0 | $14,652 |
| RICHARD H BONE MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY TATUM MD | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARY JO WILLIAMSON | AT LARGE MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL M DUNCANSON MD CPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHANIE COPELAND MD MBA FAAP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THERESA FREI RN BSN MBA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM WEIR MHA MBA FACHE | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ARIC SHARP MHA CMPE FACHE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LUIS GARCIA MD MBA FACS FASMBS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHERINE FLYNN HENRY JD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEITH JONES MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH AVERBECK MD FACP | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| J STEPHEN JONES MD | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SCOTT BARLOW MBA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JACOB J BAST MHA FACMPE FACHE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIJKA GREY MD MBA FACP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP M ORAVETZ MD MPH MBA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL A ROSSI MD MBA FACC | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ADNAN R MUNKARAH MD CPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELISABETH M STAMBAUGH MD MMM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 PRINCE STREET, ALEXANDRIA, VA 22314-3354
- Principal officer (990 for 2024)
- JERROLD PENSO, ONE PRINCE STREET, ALEXANDRIA, VA 223143318
- Signed the 990
- JERROLD PENSO, PRESIDENT & CEO
- Phone
- (703) 838-0033
- Website
- WWW.AMGA.ORG
- Return prepared by
- YOUNT HYDE & BARBOUR PC
Mission
AMGA, INC. IMPROVES HEALTHCARE FOR PATIENTS BY SUPPORTING MULTISPECIALTY MEDICAL GROUPS AND OTHER ORGANIZED SYSTEMS OF CARE.
Program accomplishments
- MEETINGS THROUGHOUT THE YEAR ARE HELD WHICH BRING TOGETHER EXECUTIVES FROM MEMBER AND NON-MEMBER GROUPS AND OTHER INTERESTED PARTIES TO EDUCATE THEM ABOUT THE LATEST DEVELOPMENTS IN THE FIELD, TO ADDRESS ISSUES AND PROBLEMS AFFECTING THE MEMBERS ORGANIZATIONS, TO PROVIDE NETWORKING OPPORTUNITIES, TO LEARN ABOUT BEST PRACTICES IN PATIENT CARE, AND TO PROVIDE GOVERNMENT AND REGULATORY UPDATES.
- GOVERNMENT RELATIONS - INVOLVED IN THE SUBMISSION OF STATEMENTS AND COMMUNICATIONS TO LEGISLATORS AND MEMBERS RELATING TO EXISTING, PENDING OR PROPOSED LEGISLATION OF DIRECT INTEREST TO TAXPAYERS AND MEMBERS.
- RESEARCH AND ANALYTICS OFFERS ROBUST RESOURCES FOR DATA ANALYSIS AND IMPLEMENTATION RESEARCH. ASSISTING MEMBERS IN IMPROVING POPULATION HEALTH, USING COMPARATIVE BENCHMARKING TO DISCOVER OPPORTUNITIES, AND PREDICTIVE ANALYTICS TO IDENTIFY HIGH-RISK PATIENTS. THROUGH IMPLEMENTATION SCIENCE, SUPPORT MEMBERS ADOPTION OF NEW RESEARCH AND IMPLEMENTATION OF INTERVENTIONS INTO ROUTINE PRACTICE.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0536002
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1952
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $21,175,075
- Income (IRS master file)
- $17,573,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $16,334,741 | $16,403,019 | $21,175,075 | IRS |
| 990 | December 2023 | $16,726,333 | $16,859,615 | $20,357,430 | XML |
| 990 | December 2022 | $13,526,423 | $14,588,908 | $20,331,868 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0536002).
Questions about AMERICAN MEDICAL GROUP ASSOCIATION INC
- What is the EIN of AMERICAN MEDICAL GROUP ASSOCIATION INC?
- The employer identification number (EIN) of AMERICAN MEDICAL GROUP ASSOCIATION INC is 54-0536002.
- Is AMERICAN MEDICAL GROUP ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1952.
- Are donations to AMERICAN MEDICAL GROUP ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN MEDICAL GROUP ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN MEDICAL GROUP ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN MEDICAL GROUP ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN MEDICAL GROUP ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JERROLD PENSO.
- Who are the officers and directors of AMERICAN MEDICAL GROUP ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 29 people; 8 received compensation from the organization, the highest $768,708 (JERROLD PENSO MD MBA, PRESIDENT & CEO).
- How much revenue does AMERICAN MEDICAL GROUP ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $16,334,741, expenses of $16,403,019 and total assets of $21,175,075 at year end.
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