Centralized Credentials: FY2020 Nonprofit Profile & Form 990 (EIN 54-2004980)

Revenue by fiscal year
FY2020	$964K
FY2021	$791K
FY2022	$312K
FY2023	$18K
FY2024	$20K

Expenses by fiscal year
FY2020	$897K
FY2021	$826K
FY2022	$618K
FY2023	$271K
FY2024	$26K

Net assets by fiscal year
FY2020	$1.1M
FY2021	$1.1M
FY2022	$728K
FY2023	$523K
FY2024	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation

Eric Freeman MD

President

$0Pt VII · Sec A

Lucien Roberts

Vice President

$0Pt VII · Sec A

Thomas L Moffatt MD

Secretary/Treasurer

$0Pt VII · Sec A

George Greenfield PA

Immediate Past President

$0Pt VII · Sec A

Lisa Acquaye

Director

$0Pt VII · Sec A

Susan Baldwin

Director

$0Pt VII · Sec A

Cassandra Lewis

Director

$0Pt VII · Sec A

Michael Lundberg

Director

$0Pt VII · Sec A

See Centralized Credentials executive salaries →

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

Offers credentialing services to healthcare providers, ensuring timely and cost-effective solutions.

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1 program · in their own filed words · FY2020

01

To provide centralized credentialing primarily to statewide organizations

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2004980) · Dispute this line

Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$964K

Ln 12

Fees for servicesLn 2g$957K

Investment incomeLn 3$6K

Other incomeLn 4–11$786

Money outPt IX

$897K

Ln 25

Owns and owesPt X

$1.1M

net assets · Ln 32

Cash and savingsLn 1–2$692K

Total assetsLn 16$1.3M

LiabilitiesLn 26$211K

PeoplePt VI, VII

15

listed · VII A

PaidVII A0

Voting boardVI 1a14

IndependentVI 1b14

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$957K

Investment incomeLn 3$6K

Other incomeLn 4–11$786

Total revenueLn 12$964K

Assets in detailPt X, end of year

CashLn 1$12

SavingsLn 2$692K

Cash and savings togetherLn 1–2$692K

Accounts receivableLn 4$170K

Prepaid expenses and deferred chargesLn 9$53K

Land, buildings, equipmentLn 10c$18K

InvestmentsLn 11–13$374K

Total assetsLn 16$1.3M

LiabilitiesLn 26$211K

Net assetsLn 32$1.1M

OperationsPt I, VI

EmployeesI 50

VolunteersI 613

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

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$617K	$692K
InvestmentsLn 11–13	$329K	$374K
Land, buildings, equipmentLn 10c	$23K	$18K
Total assetsLn 16	$1.2M	$1.3M
LiabilitiesLn 26	$217K	$211K
Net assetsLn 32	$985K	$1.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$408K
Pension plan contributionsLn 8	$4K
Other employee benefitsLn 9	$77K
Payroll taxesLn 10	$35K
Legal feesLn 11b	$2K
Accounting feesLn 11c	$7K
Investment management feesLn 11f	$4K
Other fees for servicesLn 11g	$3K
Advertising and promotionLn 12	$250
Office expensesLn 13	$40K
Information technologyLn 14	$7K
OccupancyLn 16	$58K
TravelLn 17	$10
Conferences, conventions and meetingsLn 19	$1K
Depreciation, depletion and amortizationLn 22	$6K
InsuranceLn 23	$8K
Other expenses (24a–d)Ln 24	$216K
All other expensesLn 24e	$19K
Total functional expensesLn 25	$897K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS May 14, 2025	$20K	$26K	−$6K	$0	990 PDF
FY2023Filed with the IRS May 8, 2024	$18K	$271K	−$252K	$523K	990 PDF
FY2022Filed with the IRS May 11, 2023	$312K	$618K	−$306K	$728K	990 PDF
FY2021Filed with the IRS May 10, 2022	$791K	$826K	−$34K	$1.1M	990 PDF
FY2020 ViewingFiled with the IRS Apr 14, 2021	$964K	$897K	$67K	$1.1M	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $963,864 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $930,289$956,801

I-10 Investment incomePrior year $9,784$6,277

I-11 Other revenuePrior year $0$786

I-12 Total revenuePrior year $940,073$963,864

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 $480,270$524,955

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $384,939$371,632

I-18 Total expensesPrior year $865,209$896,587

I-19 Revenue less expensesPrior year $74,864$67,277

Part VI · Governance 14 of 14 board members independent, no flags

VI-1a Voting members of the governing body14

VI-1b Independent voting members14

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 $963,864 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $956,801$956,801

VIII-3 Investment incomeExcluded from tax $6,277$6,277

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $786$786

VIII-12 Total revenueRelated to mission $957,587 · Unrelated business $0 · Excluded from tax $6,277$963,864

Part IX · Statement of functional expenses $896,587 across 18 lines filed

IX-7 Other salaries and wages$408,416

IX-8 Pension plan contributions$4,360

IX-9 Other employee benefits$77,182

IX-10 Payroll taxes$34,997

IX-11b Legal fees$2,040

IX-11c Accounting fees$6,750

IX-11f Investment management fees$3,616

IX-11g Other fees for services$2,791

IX-12 Advertising and promotion$250

IX-13 Office expenses$40,379

IX-14 Information technology$7,299

IX-16 Occupancy$57,610

IX-17 Travel$10

IX-19 Conferences, conventions and meetings$1,401

IX-22 Depreciation, depletion and amortization$6,040

IX-23 Insurance$8,251

IX-24 Other expenses (24a–d)$215,816

IX-24e All other expenses$19,379

IX-25 Total functional expenses$896,587

Part X · Balance sheet $1,306,844 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $12$12

X-2 Savings and temporary cash investmentsStart of year $617,190$691,518

X-4 Accounts receivableStart of year $214,225$169,636

X-9 Prepaid expenses and deferred chargesStart of year $19,060$52,806

X-10c Land, buildings and equipment, netStart of year $23,018$18,386

X-11 Publicly traded securitiesStart of year $328,572$374,486

X-16 Total assetsStart of year $1,202,077$1,306,844

X-17 Accounts payable and accrued expensesStart of year $17,663$45,621

X-19 Deferred revenueStart of year $199,420$165,655

X-26 Total liabilitiesStart of year $217,083$211,276

X-27 Net assets without donor restrictionsStart of year $984,994$1,095,568

X-32 Total net assets or fund balancesStart of year $984,994$1,095,568

X-33 Total liabilities and net assetsStart of year $1,202,077$1,306,844

Part XI · Reconciliation of net assets $1,095,568 net assets at year end

XI-1 Total revenue$963,864

XI-2 Total expenses$896,587

XI-3 Revenue less expenses$67,277

XI-4 Net assets at start of year$984,994

XI-5 Net unrealized gains (losses) on investments$43,297

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,095,568

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

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Centralized Credentials FY2020 filing

Before you give

Is it real?

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Centralized Credentials

By the numbers

Filing history

Schedules filed Part IV

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