Healthcare Financial Management Association


Healthcare Financial Management Association

Formerly (1946) the American Association of Hospital Accountants and (1982) the Hospital Financial Management Association. HFMA's purpose is to define, realize, and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field. Members are directly or indirectly associated with financial management in healthcare organizations. Membership: $50-100 (Faculty); $18-35 (Student); $49-260 (Regular).

Organization Type:
National Trade or Professional Association
Acronym:
HFMA
Tax Exempt Status:
501(c)(6)
Industry:
Banking/Finance/Investments, Business, Management, Medicine/Health Care/Mental Health, Accounting, Health Care, Hospitals
Year Founded:
1946
Address:
Three Westbrook Corporate Center
Suite 600 Westchester, IL 60154-5732
Telephone:
Toll Free:
Fax:
Website:
Staff:
109
Members:
more than 38,000 members
Certification Programs:
CHFP; CRCR; FHFMA; CTS: MCP; CTS: PPM; CTS: BI; CTS:A; F; CICA


Other Addresses

Address:
1090 Vermont Ave. NW
Suite 500, Washington DC 20005
Telephone:
Fax:
Website:


Financial Snapshot

 

Total revenues: $25,408,290


Year - 2017
1st-yr growth
0.59%
 
 
 
 
 
Year by Year
Revenue
 
Program service revenue
 
Miscellaneous revenue
 
Investment income
 
Other

Total expenses: $25,232,327


Year - 2017
1st-yr growth
1.67%
 
 
 
 
 
Year by Year
Expenses
 
Compensation for non-officers/directors
 
Other expenses
 
Compensation of current officers, directors, etc
 
Other

Total assets: $25,543,495


Year - 2017
1st-yr growth
4.13%
 
 
 
 
 
Year by Year
Assets
 
Investments in publicly traded securities
 
Cash -- non-interest bearing
 
Accounts receivable
 
Other

Total Liabilities: $12,715,601


Year - 2017
1st-yr growth
-12.09%
 
 
 
 
 
Year by Year
Liabilities
 
Deferred revenue
 
Accounts payable and accrued expenses
 
Other liabilities


   Revenue:

Revenue: Amount ($)
Program service revenue 16,647,257
Miscellaneous revenue 8,113,563
Investment income 326,148
Sales of non-inventory assets 321,322
Net rental income 0
Royalties 0
Total contributions 0
Income from sales of inventory 0
Gaming income 0
Tax-exempt bond proceeds 0
Fundraising income 0
Total Revenue:

$25,408,290

1-yr growth
0.59%
Program service revenue
Miscellaneous revenue
Investment income
Sales of non-inventory assets

   Expenses:

Expenses: Amount ($)
Compensation for non-officers/directors 10,914,440
Other expenses 3,340,574
Compensation of current officers, directors, etc 1,933,030
Other fees 1,535,398
Travel 1,433,367
Other employee benefits 1,209,570
Office expenses 1,116,770
Pension plan contributions 819,501
Advertising and promotion 720,327
Payroll taxes 707,043
Occupancy 701,940
Depreciation, depletion, amortization 292,031
Conferences, conventions, meetings 238,036
Insurance 149,763
Accounting fees 65,993
Legal fees 29,567
Investment management fees 24,977
Lobbying fees 0
Professional fundraising fees 0
Management fees 0
Interest expense 0
Payments to affiliates 0
Travel/entertainment expenses to public officials 0
Information technology 0
Royalties 0
Compensation of disqualified persons 0
Grants to governments/orgs in the US 0
Grants to individuals in the US 0
Grants to orgs and individuals outside the US 0
Benefits paid to or for members 0
Total Expenses:

$25,232,327

1-yr growth
1.67%
Compensation for non-officers/directors
Other expenses
Compensation of current officers, directors, etc
Other fees
Travel
Other employee benefits
Office expenses
Pension plan contributions
Advertising and promotion
Payroll taxes
Others

   Assets:

Assets: Amount ($)
Investments in publicly traded securities 16,881,422
Cash -- non-interest bearing 2,766,486
Accounts receivable 1,678,322
Land, buildings, & equipment (net) 1,626,267
Other assets 1,228,261
Savings and temporary cash investments 971,540
Prepaid expenses or deferred charges 391,197
Inventories for sale or use 0
Investments in other securities 0
Receivables from officers, directors, etc. 0
Receivables from disqualified persons 0
Notes and loans receivables 0
Program-related investments 0
Intangible assets 0
Pledges and grants receivable 0
Total Assets:

$25,543,495

1-yr growth
4.13%
Investments in publicly traded securities
Cash -- non-interest bearing
Accounts receivable
Land, buildings, & equipment (net)
Other assets
Savings and temporary cash investments
Others

   Liabilities:

Liabilities: Amount ($)
Deferred revenue 7,351,083
Accounts payable and accrued expenses 3,603,225
Other liabilities 1,761,293
Grants payable 0
Tax-exempt bond liabilities 0
Escrow or custodial account liability 0
Loans and other payables to officers, directors, etc. 0
Secured mortgages and notes payabl 0
Unsecured mortgages and notes payable 0
Total Liabilities:

$12,715,601

1-yr growth
-12.09%
Deferred revenue
Accounts payable and accrued expenses
Other liabilities

   Net Assets:

Net Assets: Amount ($)
Unrestricted net assets 12,827,894
Temporarily restricted net assets 0
Permanently restricted net assets 0
Total Net Assets:

$12,827,894

1-yr growth
24.83%
Unrestricted net assets

Key Staff

  
Name Ascending
Title 
Function 
Add Prospect 
Bill Casey Senior Vice President, Member Experience and Business Development, Sales Marketing, Membership ...X
Carole Bolster Senior Editor Publications ...X
Garth Jordan Senior Vice President, Corporate Strategy Senior Executive ...X
Jim Kokkines Manager, Membership and Marketing Conventions/Meetings, Marketing, Membership ...X
Joseph J. Fifer FHFMA, CPA President and Chief Executive Officer Chief Executive Officer, Executive Director ...X
Joyce Zimowski CPA, FHFMA Senior Vice President and Chief Financial Officer Finance, Senior Executive ...X
Karen Thomas Director, Communications and Consumer Engagement Communications/Public Relations, Consumer Affairs, Director of Government Relations, Government Relations ...X
Kevin F. Brennan FHFMA, CPA Chair Chairman of the Board ...X
Lori Trusiak Director, Business Applications and Process Marketing, Membership, Senior Executive ...X
Lorraine Schnelle CPA Director, Strategy Education, Issue Management/Policy Planning ...X
Marjorie Parker   Administration, Senior Executive ...X
Mary Mirabelli Senior Vice President, Content Strategy and Delivery Publications ...X
Michael M. Allen FHFMA, CPA Chair Elect Board Member ...X
Richard L. Gundling FHFMA, CMA Senior Vice President, Healthcare Financial Practices Director of Government Relations, Finance, Government Relations, LDA Contact, Senior Executive, WR Questionnaire Contact ...X
Rita Walker Director, Channel Assets Conventions/Meetings, Senior Executive ...X
Suchita Nagale Vice President, Information Technology Computer/Information Technology ...X
Tammie L. Galindez Secretary and Treasurer Administration, Board Member, Finance ...X
Todd Nelson Director, Partner Relationships and Chief Partnership Executive Education, Senior Executive ...X

Meetings/Conferences

Year Descending
Name 
Location 
Facility 
From 
To 
Attendance 
Exhibitors 
Facility Amenities 
2019HFMA Annual Conference 2019 Orlando , FL , United States Orange County Convention Center June 23 June 26   Convention Center...X
2018HFMA Annual Conference 2018 Las Vegas , NV , United States Venetian-Palazzo-Sands Expo Center June 24 June 27   Ski, Cruise, Golf, Casino, Convention Center...X
2017ANI 2017 Orlando , FL , United States Orange County Convention Center June 25 June 28   Convention Center...X
2017HFMA's Revenue Cycle Conference Orlando , FL , United States   October 22 October 24    ...X
2016ANI 2016 Las Vegas , NV , United States   June 26 June 29    ...X
2015ANI 2015: The HFMA National Institute Orlando , FL , United States Orange County Convention Center-Rosen Centre Hotel June 22 June 25 3000 attendees  ...X
20142014 HFMA Annual National Institute Conference Las Vegas , NV , United States   June 22 June 25    ...X

Publications

Name 
Frequency 
Advertising 
CFO ForumonlineNo...X
hfm BlogonlineNo...X
Legal & Regulatory ForumonlineNo...X
Payment & Reimbursement ForumonlineNo...X
Revenue Cycle ForumonlineNo...X

Recent Lobbying Spending

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

2018 Q4: $0
2018 Q3: $0
2018 Q2: $0
2018 Q1: $0
2017: $0


PAC Details

Name: -



FEC ID: -



Last updated: -


PAC Contributions

(-)

Outside Representation

Firm Name Ascending
Reg/ Term 
Date 
  This organization has no outside representation data available.
 

Legislative Issue Focus

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

This organization has no legislative issue data available.

Active Legislation

This organization has no active legislation data available.

Contractors

Contractor Ascending
Service Category 
Reported Year Descending
Reported Compensation 
BANSLEY & KIENER Financial Management2016 - ...X
BANSLEY AND KIENER, LLP Audit Services2016 - ...X
SIKICH, LLP Financial Management2016 - ...X
UNIFIED TRUST COMPANY, N.A. Financial Management2016 - ...X
UNIFIED TUST COMPANY Financial Management2016 - ...X

***Disclaimer: This information has been sourced from a combination of the IRS Forms 990, 5500, and the Federal Audit Clearinghouse



 
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