Elevate the performance of medical practice leaders and their organizations.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 373 volunteers and 158 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $3.8M a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$4.9M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $57.4M in investments, Pt X · Ln 11–13
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$18.0M
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$45.2M
+18% vs prior year
Spent
$40.2M
Net assets
$60.4M
By yearFY2020–FY2025
Revenue
$45.2M
FY2025▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$31.1M
FY2021$29.9M
FY2022$36.1M
FY2023$40.2M
FY2024$38.3M
FY2025$45.2M
Expenses
$40.2M
FY2025▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$28.9M
FY2021$26.4M
FY2022$31.8M
FY2023$34.4M
FY2024$36.5M
FY2025$40.2M
Net assets
$60.4M
FY2025▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$32.3M
FY2021$43.1M
FY2022$41.1M
FY2023$46.9M
FY2024$53.1M
FY2025$60.4M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2012.

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

Who runs it and what they're paid

21 people listed on the 990; $4.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$1,648,624Pt VII · Sec A
$627,874Pt VII · Sec A
Chief Revenue Officer
$487,057Pt VII · Sec A
SR VP Government Affairs
$452,912Pt VII · Sec A
Former COO
$402,578Pt VII · Sec A
VP Association Product Development
$357,323Pt VII · Sec A
Senior Sales Manager
$270,212Pt VII · Sec A
SR Director, Sales
$220,297Pt VII · Sec A

Halee Fischer-Wright’s $1.6M as President/CEO is at the 98th percentile of top reported officer pay among 572 $10–100M community development 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Halee Fischer-Wright$1,648,624$1,640,400$1,562,399$1,211,785$1,103,953$1,115,904
Ronald Holder$402,578$637,882$596,682$558,174$485,783$132,997
Akash Madiah$627,874$600,044$530,886$503,509$425,991$379,361
Anders Gilberg$452,912$499,737$416,399$387,936$353,729$323,812
Todd Evenson—————$498,444
Andrew Swanson$487,057$453,203$360,901$300,306$256,380$289,814
Tracy Watrous$357,323$358,951$312,652$294,790$246,254$257,188
Victoria Stone——$347,971$264,828——

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

Provides medical practice leaders with benchmarking surveys, industry publications, and educational textbooks to improve the business performance and management of healthcare organizations.

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Provided by the organization

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3 programs · in their own filed words · FY2024
01

Membership Services

As the association for professionals in the field of medical group practice administration, the association provided services to its members including communications on pertinent issues of the profession, information on products and services and other activities to promote the medical group practice administration industry and its…

Pt IX · col B
02

Education and certification -the association provided medical practice management administration education in a variety of formats on a national, regional and state basis. The association provided education for 3,300 attendees at face-to-face events and 3,700 at digital conferences.

Pt IX · col B
03

Surveys and Publications

The association conducted annual surveys designed to provide critical information for business planning, management, staffing and compensation purposes. The association published 5 electronic and 1 printed survey reports presenting benchmarking data and sold approximately 3,053 surveys.

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$45.2M
Ln 12
Fees for servicesLn 2g$42.1M
Investment incomeLn 3$3.1M
Other incomeLn 4–11$42K
Money outPt IX
$40.2M
Ln 25
Owns and owesPt X
$60.4M
net assets · Ln 32
Cash and savingsLn 1–2$9.3M
Total assetsLn 16$78.5M
LiabilitiesLn 26$18.0M
PeoplePt VI, VII
21
listed · VII A
PaidVII A15
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$42.1M
Investment incomeLn 3$3.1M
Other incomeLn 4–11$42K
Gains on assetsLn 7$1.6M
Total revenueLn 12$45.2M
Assets in detailPt X, end of year
CashLn 1$3.1M
SavingsLn 2$6.2M
Cash and savings togetherLn 1–2$9.3M
InvestmentsLn 11–13$57.4M
Land, buildings, equipmentLn 10c$4.2M
Other assetsLn 15$4.1M
Total assetsLn 16$78.5M
LiabilitiesLn 26$18.0M
Net assetsLn 32$60.4M
OperationsPt I, VI
EmployeesI 5158
VolunteersI 6373
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$10.5M$9.3M
InvestmentsLn 11–13$52.3M$57.4M
Land, buildings, equipmentLn 10c$1.5M$4.2M
Total assetsLn 16$71.6M$78.5M
LiabilitiesLn 26$18.5M$18.0M
Net assetsLn 32$53.1M$60.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4.0M
Other salaries and wagesLn 7$13.6M
Pension plan contributionsLn 8$1.0M
Other employee benefitsLn 9$1.8M
Payroll taxesLn 10$1.1M
Legal feesLn 11b$427K
Accounting feesLn 11c$122K
Investment management feesLn 11f$71K
Other fees for servicesLn 11g$6.4M
Advertising and promotionLn 12$1.3M
Office expensesLn 13$697K
Information technologyLn 14$2.4M
RoyaltiesLn 15$31K
OccupancyLn 16$1.7M
TravelLn 17$399K
Conferences, conventions and meetingsLn 19$3.2M
InterestLn 20$2K
Depreciation, depletion and amortizationLn 22$984K
InsuranceLn 23$188K
Other expenses (24a–d)Ln 24$674K
All other expensesLn 24e$143K
Total functional expensesLn 25$40.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $45.2M$40.2M$5.0M$60.4M 990 PDF
FY2024 $38.3M$36.5M$1.8M$53.1M 990 PDF
FY2023 $40.2M$34.4M$5.8M$46.9M 990 PDF
FY2022 $36.1M$31.8M$4.3M$41.1M 990 PDF
FY2021 $29.9M$26.4M$3.5M$43.1M 990 PDF
FY2020 $31.1M$28.9M$2.2M$32.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $45,183,951 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $36,870,436$42,051,279
I-10 Investment incomePrior year $1,399,581$3,090,687
I-11 Other revenuePrior year $67,178$41,985
I-12 Total revenuePrior year $38,337,195$45,183,951
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 $20,467,782$21,492,695
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $16,067,891$18,734,710
I-18 Total expensesPrior year $36,535,673$40,227,405
I-19 Revenue less expensesPrior year $1,801,522$4,956,546
Part VI · Governance 9 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
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 $45,183,951 across 5 lines filed
Lines not itemized here account for $417,164 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $40,239,363 · Unrelated business $1,390,286$41,629,649
VIII-3 Investment incomeExcluded from tax $1,489,060$1,489,060
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,601,627$1,601,627
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $46,451$46,451
VIII-12 Total revenueRelated to mission $40,281,348 · Unrelated business $1,811,916 · Excluded from tax $3,090,687$45,183,951
Part IX · Statement of functional expenses $40,227,405 across 21 lines filed
IX-5 Pay of current officers, directors and key staff$4,001,559
IX-7 Other salaries and wages$13,558,507
IX-8 Pension plan contributions$1,023,673
IX-9 Other employee benefits$1,793,075
IX-10 Payroll taxes$1,115,881
IX-11b Legal fees$426,562
IX-11c Accounting fees$121,896
IX-11f Investment management fees$71,244
IX-11g Other fees for services$6,391,078
IX-12 Advertising and promotion$1,310,362
IX-13 Office expenses$697,242
IX-14 Information technology$2,351,796
IX-15 Royalties$30,849
IX-16 Occupancy$1,710,665
IX-17 Travel$399,016
IX-19 Conferences, conventions and meetings$3,232,287
IX-20 Interest$2,030
IX-22 Depreciation, depletion and amortization$984,248
IX-23 Insurance$188,492
IX-24 Other expenses (24a–d)$674,345
IX-24e All other expenses$142,598
IX-25 Total functional expenses$40,227,405
Part X · Balance sheet $78,477,349 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $4,918,650$3,083,142
X-2 Savings and temporary cash investmentsStart of year $5,544,393$6,243,509
X-4 Accounts receivableStart of year $2,342,521$2,200,539
X-9 Prepaid expenses and deferred chargesStart of year $1,268,992$1,206,471
X-10c Land, buildings and equipment, netStart of year $1,478,770$4,224,946
X-11 Publicly traded securitiesStart of year $34,324,638$36,818,404
X-12 Other securitiesStart of year $8,309,006$10,934,539
X-13 Program-related investmentsStart of year $9,634,279$9,634,279
X-15 Other assetsStart of year $3,737,833$4,131,520
X-16 Total assetsStart of year $71,559,082$78,477,349
X-17 Accounts payable and accrued expensesStart of year $3,517,156$3,519,044
X-19 Deferred revenueStart of year $13,010,048$13,175,263
X-25 Other liabilitiesStart of year $1,957,038$1,346,137
X-26 Total liabilitiesStart of year $18,484,242$18,040,444
X-27 Net assets without donor restrictionsStart of year $53,074,840$60,436,905
X-32 Total net assets or fund balancesStart of year $53,074,840$60,436,905
X-33 Total liabilities and net assetsStart of year $71,559,082$78,477,349
Part XI · Reconciliation of net assets $60,436,905 net assets at year end
XI-1 Total revenue$45,183,951
XI-2 Total expenses$40,227,405
XI-3 Revenue less expenses$4,956,546
XI-4 Net assets at start of year$53,074,840
XI-5 Net unrealized gains (losses) on investments$2,402,368
XI-9 Other changes in net assets$3,151
XI-10 Net assets at end of year$60,436,905

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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