Amg Illinois Ltd FY2020 filing

Tax-deductible

Milwaukee, WI501(c)(3)Since 2008HospitalsEIN 26-4041287Revenue $7.9M in FY2020

On file with the IRSPo Box 343910, 53234-3910 · Milwaukee, WITax-exempt since Mar 2014Hospital or medical research org — 170(b)(1)(A)(iii)

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The mission of Amg Illinois, Ltd. Is to promote health, prevent illness, and provide state-of-the-art diagnosis and treatment to patients in local service markets.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $4.5M a year · 51% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$50.8M
×16 of total assets
Concern: liabilities are 1600% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.9M
Spent
$13.5M
To programs
76%
Net assets
−$47.5M
By yearFY2020–FY2024
Revenue
$7.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$7.9M
FY2021$8.1M
FY2022$9.3M
FY2023$9.4M
FY2024$9.1M
Expenses
$13.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$13.5M
FY2021$12.7M
FY2022$12.7M
FY2023$13.6M
FY2024$13.7M
Net assets
−$47.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$47.5M
FY2021−$52.0M
FY2022−$433K
FY2023−$59.6M
FY2024−$64.2M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Revoked May 2011, reinstated. IRS ruling Mar 2014, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Mar 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $10.2M Management & general 24% · $3.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
$572,443Pt VII · Sec A
$464,537Pt VII · Sec A
$397,467Pt VII · Sec A
$371,121Pt VII · Sec A
Physician
$332,478Pt VII · Sec A
President, Director
$0Pt VII · Sec A
Former Key Employee
$0Pt VII · Sec A

Cynthia Abban’s $872K as Physician Dermatology is at the 99th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Cynthia Abban$871,858$865,388———
Cynthia Abban MD——$828,394$618,124$572,443
Vivek Arora MD——$581,121$345,943$371,121
Dennis McCreary$495,935$430,411———
Dennis McCreary MD——$439,447$442,049$464,537
James Monahan MD————$397,467
Vivek Arora$366,346$394,186———
Thomas Woike$375,653$359,397———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes health, prevents illness, and provides advanced diagnosis and treatment.

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1 program · $10.2M · in their own filed words · FY2020
01

Amg illinois provides ambulatory care at four clinic and health center sites in northern illinois.

$10.2Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.9M
Ln 12
Fees for servicesLn 2g$7.2M
Gifts and grantsLn 1h$421K
Other incomeLn 4–11$312K
Money outPt IX
$13.5M
Ln 25
Programscol B$10.2M
Managementcol C$3.3M
Owns and owesPt X
−$47.5M
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$3.3M
LiabilitiesLn 26$50.8M
PeoplePt VI, VII
7
listed · VII A
PaidVII A5
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$421K
Fees for servicesLn 2g$7.2M
Investment incomeLn 3$2K
Other incomeLn 4–11$312K
Total revenueLn 12$7.9M
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$277K
Total assetsLn 16$3.3M
LiabilitiesLn 26$50.8M
Net assetsLn 32−$47.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2K$2K
Land, buildings, equipmentLn 10c$610K$2.0M
Total assetsLn 16$2.5M$3.3M
LiabilitiesLn 26$44.4M$50.8M
Net assetsLn 32−$41.9M−$47.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$7.5M$7.1M$327K
Other employee benefitsLn 9$1.4M$1.3M$60K
Payroll taxesLn 10$420K$401K$18K
Other fees for servicesLn 11g$35K$19K$16K
Advertising and promotionLn 12$119$117$2
Office expensesLn 13$210K$141K$70K
OccupancyLn 16$49K$40K$8K
TravelLn 17$4K$3K$595
Conferences, conventions and meetingsLn 19$54K$54K
InterestLn 20$19K$16K$3K
Payments to affiliatesLn 21$2.7M$2.7M
Depreciation, depletion and amortizationLn 22$435K$361K$74K
InsuranceLn 23$207K$205K$2K
Other expenses (24a–d)Ln 24$530K$512K$17K
All other expensesLn 24e$23K$19K$4K
Total functional expensesLn 25$13.5M$10.2M$3.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $9.1M$13.7M−$4.6M−$64.2M 990 PDF
FY2023 $9.4M$13.6M−$4.2M−$59.6M 990 PDF
FY2022 $9.3M$12.7M−$3.4M−$433K 990 PDF
FY2021 $8.1M$12.7M−$4.5M−$52.0M 990 PDF
FY2020 Viewing $7.9M$13.5M−$5.6M−$47.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $7,896,880 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$421,215
I-9 Program service revenuePrior year $10,427,445$7,161,759
I-10 Investment incomePrior year $7,167$2,347
I-11 Other revenuePrior year $412,431$311,559
I-12 Total revenuePrior year $10,847,043$7,896,880
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,366,215$9,264,595
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,779,679$4,263,273
I-18 Total expensesPrior year $16,145,894$13,527,868
I-19 Revenue less expensesPrior year −$5,298,851−$5,630,988
Part VI · Governance 0 of 1 board members independent, no flags
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,896,880 across 6 lines filed
Lines not itemized here account for $63,346 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$421,215
VIII-1h Total contributions, gifts and grants$421,215
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,161,759$7,161,759
VIII-3 Investment incomeExcluded from tax $2,347$2,347
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $248,213$248,213
VIII-12 Total revenueRelated to mission $7,473,318 · Unrelated business $0 · Excluded from tax $2,347$7,896,880
Part IX · Statement of functional expenses $13,527,868 across 15 lines filed
IX-7 Other salaries and wagesPrograms $7,141,598 · Management $326,513$7,468,111
IX-9 Other employee benefitsPrograms $1,316,730 · Management $60,200$1,376,930
IX-10 Payroll taxesPrograms $401,210 · Management $18,344$419,554
IX-11g Other fees for servicesPrograms $19,105 · Management $16,024$35,129
IX-12 Advertising and promotionPrograms $117 · Management $2$119
IX-13 Office expensesPrograms $140,580 · Management $69,724$210,304
IX-16 OccupancyPrograms $40,352 · Management $8,190$48,542
IX-17 TravelPrograms $3,056 · Management $595$3,651
IX-19 Conferences, conventions and meetingsPrograms $54,355$54,355
IX-20 InterestPrograms $15,663 · Management $3,191$18,854
IX-21 Payments to affiliatesManagement $2,698,045$2,698,045
IX-22 Depreciation, depletion and amortizationPrograms $361,222 · Management $73,589$434,811
IX-23 InsurancePrograms $204,578 · Management $2,373$206,951
IX-24 Other expenses (24a–d)Programs $512,366 · Management $17,442$529,808
IX-24e All other expensesPrograms $19,042 · Management $3,662$22,704
IX-25 Total functional expensesPrograms $10,229,974 · Management $3,297,894 · Fundraising $0$13,527,868
Part X · Balance sheet $3,339,697 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,600$1,597
X-4 Accounts receivableStart of year $960,246$838,495
X-10c Land, buildings and equipment, netStart of year $610,029$1,993,033
X-14 Intangible assetsStart of year $302,284$229,884
X-15 Other assetsStart of year $670,658$276,688
X-16 Total assetsStart of year $2,544,817$3,339,697
X-17 Accounts payable and accrued expensesStart of year $790,708$730,516
X-24 Unsecured notes and loans payableStart of year $181,212$103,677
X-25 Other liabilitiesStart of year $43,441,483$48,387,005
X-26 Total liabilitiesStart of year $44,413,403$50,836,750
X-27 Net assets without donor restrictionsStart of year −$41,868,586−$47,497,053
X-32 Total net assets or fund balancesStart of year −$41,868,586−$47,497,053
X-33 Total liabilities and net assetsStart of year $2,544,817$3,339,697
Part XI · Reconciliation of net assets −$47,497,053 net assets at year end
XI-1 Total revenue$7,896,880
XI-2 Total expenses$13,527,868
XI-3 Revenue less expenses−$5,630,988
XI-4 Net assets at start of year−$41,868,586
XI-9 Other changes in net assets$2,521
XI-10 Net assets at end of year−$47,497,053

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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