Civic Intelligence

Council of Emergency Medicine Residency

EIN 38-2918648 • 501(c)6 • Irving, TX

Profile

The mission of cord is to lead the advancement of emergency medicine education.

4950 W Royal LaneIrving, TX 75063

www.cordem.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.69x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.98x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

58th percentile

6.9%

Higher net margin than 58% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$1,192

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

62%

Faster asset growth than 96% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

9.2%

Faster revenue growth than 60% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Up

$1,389,548

Up $4,965 (+0.4%) from 2022

Liabilities

Down

$883,989

Down $71,510 (-7.5%) from 2022

Net Assets

Up

$505,559

Up $76,475 (+18%) from 2022

Revenue

Up

$1,459,962

Up $259,387 (+22%) from 2022

Expenses

Down

$1,575,554

Down $255,747 (-14%) from 2022

Net Income

Up

-$115,592

Up $515,134 (+82%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $427,925Liabilities 2010: $98,718Net Assets 2010: $329,2072010Assets 2011: $587,891Liabilities 2011: $132,589Net Assets 2011: $455,3022011Assets 2012: $753,908Liabilities 2012: $213,745Net Assets 2012: $540,1632012Assets 2013: $942,261Liabilities 2013: $268,331Net Assets 2013: $673,9302013Assets 2014: $1,114,995Liabilities 2014: $296,793Net Assets 2014: $818,2022014Assets 2015: $1,227,398Liabilities 2015: $415,687Net Assets 2015: $811,7112015Assets 2016: $1,328,784Liabilities 2016: $380,136Net Assets 2016: $948,6482016Assets 2017: $1,481,721Liabilities 2017: $451,050Net Assets 2017: $1,030,6712017Assets 2018: $1,471,101Liabilities 2018: $557,920Net Assets 2018: $913,1812018Assets 2019: $1,785,836Liabilities 2019: $686,171Net Assets 2019: $1,099,6652019Assets 2020: $1,559,920Liabilities 2020: $325,029Net Assets 2020: $1,234,8912020Assets 2021: $1,759,098Liabilities 2021: $504,619Net Assets 2021: $1,254,4792021Assets 2022: $1,384,583Liabilities 2022: $955,499Net Assets 2022: $429,0842022Assets 2023: $1,389,548Liabilities 2023: $883,989Net Assets 2023: $505,5592023

Latest loaded filing

2023

Assets$1,389,548
Liabilities$883,989
Net Assets$505,559

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $394,8232010Expenses 2011: $423,0092011Expenses 2012: $478,7582012Revenue 2013: $618,795Expenses 2013: $485,026Net Income 2013: $133,7692013Revenue 2014: $702,177Expenses 2014: $557,905Net Income 2014: $144,2722014Revenue 2015: $791,373Expenses 2015: $747,850Net Income 2015: $43,5232015Revenue 2016: $916,270Expenses 2016: $834,093Net Income 2016: $82,1772016Revenue 2017: $1,053,955Expenses 2017: $1,085,384Net Income 2017: -$31,4292017Revenue 2018: $1,211,430Expenses 2018: $1,220,568Net Income 2018: -$9,1382018Revenue 2019: $1,382,724Expenses 2019: $1,343,419Net Income 2019: $39,3052019Revenue 2020: $1,475,754Expenses 2020: $1,423,263Net Income 2020: $52,4912020Revenue 2021: $953,699Expenses 2021: $1,033,988Net Income 2021: -$80,2892021Revenue 2022: $1,200,575Expenses 2022: $1,831,301Net Income 2022: -$630,7262022Revenue 2023: $1,459,962Expenses 2023: $1,575,554Net Income 2023: -$115,5922023

Latest loaded filing

2023

Revenue$1,459,962
Expenses$1,575,554
Net Income-$115,592

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.88$0.51$1.46$1.58$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.96$0.43$1.20$1.83$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.50$1.25$0.95$1.03$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.33$1.23$1.48$1.42$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.69$1.10$1.38$1.34$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.56$0.91$1.21$1.22$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.45$1.03$1.05$1.09$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.38$0.95$0.92$0.83$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.42$0.81$0.79$0.75$0.04
2014Summary only. Only limited summary data is available for this year.$1.11$0.30$0.82$0.70$0.56$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.27$0.67$0.62$0.49$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.21$0.54$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.13$0.46$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.10$0.33$0.39
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,270,427
Mission and Program Overview

Mission

The mission of cord is to lead the advancement of emergency medicine education.

To set the global standard of excellence in emergency medicine education through fostering innovation, community, professional development, and Scholarship. (Cont. on Sch O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,121,487$840,618▼ $280,869
Cash and Non-Interest-Bearing Accounts$474,614$307,343▼ $167,271
Prepaid Expenses and Deferred Charges$131,489$218,088▲ $86,599
Accounts Receivable$2,175$11,201▲ $9,026
Land, Buildings, and Equipment, Net$29,333$7,333▼ $22,000
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,759,098$1,384,583▼ $374,515
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$352,828$494,215▲ $141,387
Accounts Payable and Accrued Expenses$151,791$461,284▲ $309,493
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$504,619$955,499▲ $450,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,254,479$429,084▼ $825,395
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,254,479$429,084▼ $825,395
Total Liabilities and Net Assets / Fund Balance$1,759,098$1,384,583▼ $374,515

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,333$102,667$110,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tiffany Murano MdPresidentPT$4,209$4,209
Jaime Jordan MdDirector-$4,192$4,192
Ranjita Raghavan MDDirector-$3,945$3,945
Jessica Smith MdSecretary-Treasurer-$3,818$3,818
Laura Hopson MdDirector-$2,788$2,788
Moshe Weizberg MdPRESident ELECTPT$2,434$2,434
Daniel Egan MDDirector-$2,040$2,040
Diane Rimple MdDirector-$1,268$1,268
Michael Bond MdDirector-$850$850
Jennifer CassidyEMARC Liaison-$810$810
Fiona Gallahue MdImmediate Past PresidentPT$538$538
Boyd Burns DoDirector-$376$376

Board Members and Trustees

NameTitle
AnnieKay ErbyExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
American College of Emergency PhysiStaffingPO Box 619911, Dallas, TX 75261$434,043
Revenue and Support

Revenue Composition

Contributions and Grants
$30,200
Program Service Revenue
$1,159,146
Investment Income
$11,229
Other Revenue
$0
All Other Contributions
$30,200
Change in Net Assets
$-630,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,682,477
Grants and Similar Amounts Paid$121,556
Salaries, Compensation, and Employee Benefits$27,268
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$536,825
Conferences and Meetings---$476,225
Occupancy---$253,659
Travel---$141,901
Fees for Services Other---$102,870
Grants to Domestic Orgs---$101,046
Information Technology---$47,175
Advertising---$27,535
Current Officers, Directors, Trustees, and Key Employees---$27,268
Office Expenses---$25,753
Depreciation Depletion---$22,000
Grants to Domestic Individuals---$20,510
Fees for Services Legal---$5,227
Fees for Service Investment Mgmnt Fees---$2,428
Insurance---$2,170
Fees for Services Accounting---$2,000
Other Expenses---$498
Total Functional Expenses$0$0$0$1,831,301
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MichiganAnn Arbor, MI501(c)(3)Education Leadership Work Study$65,185
Emergency Medicine FoundationIrving, TX501(c)(3)Education Research$34,651
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members or stockholders in organization: all residency training programs in emergency medicine that are accredited by the accreditation council for graduate medical education or the american osteopathic association are eligible for full membership. All active member programs shall have five representatives consisting of the residency director, two faculty designees, the clerkship director and a resident.

Form 990, Part VI, Section A, Line 7A

Members who may elect one or more members of the governing body: the residency directors representing the member programs elect the cord board of directors.

Form 990, Part VI, Section B, Line 11B

Process used to review the 990: the 990 is provided to the full board of directors for review prior to filing under the direction of layla powers, cfo of the american college of emergency physicians (acep), who also takes care of the books and records for the council of emergency medicine residency directors.

Form 990, Part VI, Section B, Line 12C

Describe the process to monitor transactions for conflicts of interest: the conflict of interest policy is posted on the website. Further, a copy of the policy and a disclosure form is provided annually to each board member and officer. If/when disclosures are made of a conflict the president of council of emergency medicine residency directors ensures that such conflicts are disclosed to the board and that appropriate action is taken including having the member recused from all discussions and decisions.

Form 990, Part VI, Section C, Line 19

Availability of documents: the organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Form 990, Part VI, Section B, Line 15

Compensation of directors or employees: no officer or director is compensated, but is provided funds to cover out of pocket expense while on cord business. The cord has no employees. All services are provided by the american college of emergency physicians under a management agreement.

FORM 990, Part VI, SECTION A, LINE 3

DELEGATION OF CONTROL OVER MANAGEMENT DUTIES: THE DAILY MANAGEMENT OF THE COUNCIL OF EMERGENCY MEDICINE RESIDENCY DIRECTORS (CORD) IS PERFORMED BY THE STAFF OF AMERICAN COLLEGE OF EMERGENCY PHYSICIANS (ACEP) UNDER A MANAGEMENT AGREEMENT. THESE SERVICES ARE PROVIDED AT SET COSTS TO CORD. ALL DIRECTION FOR ACTIONS IS PROVIDED BY THE BOARD OF DIRECTORS OF CORD. PER IRS GUIDANCE, NO COMPENSATION IS SHOWN ON FORM 990, PART VII, SECTION A FOR THis INDIVIDUAL: AnnieKay Erby $153,541 AnnieKay Erby's Compensation represent 100% of her time to CORD. THE SALARies AND BENEFITS LISTED are PAID BY ACEP.

Filing and Contact Details

Filer

Filer Name
Council of Emergency Medicine Residency
EIN
38-2918648
In Care Of
% SCOTT MACKINAW
Phone
8884442090
Address
4950 W Royal Lane, Irving, TX 75063

Signing Officer

Name
AnnieKay Erby
Title
Executive Director
Phone
9725500911
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
AnnieKay Erby
Formed
1990
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Forvis Llp
Address
14241 DALLAS PARKWAY SUITE 1100, DALLAS, TX 75254
Preparer
Jeanette Verrelli
Phone
9727028262
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES: The purpose of CORD is: CORD is the organization that provides resources, develops best practices for emergency medicine training programs, and offers professional development for leaders in emergency medicine education through the CORD Community. Community - Develop a diverse, inclusive, and collaborative community of educators within emergency medicine through virtual and in-person mechanisms. Professional Development - Foster growth and leadership development of our educators through mentorship, courses, and networking. Innovation - Support the creation and implementation of innovative educational models across the continuum of learners. Scholarship - Promote scholarship and critical appraisal of educational techniques by providing career development and a platform for dissemination.

Raw XML AppendixShowing 400 of 493 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0To set the global standard of excellence in emergency medicine education through fostering innovation, community, professional development, and Scholarship. (Cont. on Sch O)
IRS990/AdvertisingGrp/TotalAmt027535
IRS990/AllOtherContributionsAmt030200
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IRS990/Form990PartVIISectionAGrp/PersonNm7DIANE RIMPLE MD
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL BOND MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESident ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EMARC Liaison
IRS990/Form990PartVIISectionAGrp/TitleTxt10Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Director
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IRS990/ProgSrvcAccomActy2Grp/Desc0COUNCIL PREPARES AND DISSEMINATES INFORMATION TO MEMBERS REGARDING THE INSTRUCTION OF RESIDENTS IN EMERGENCY MEDICINE TRAINING PROGRAMS. CORD HAS UPGRADED ITS TECHNOLOGY INFRASTRUCTURE TO FACILITATE COLLABORATION, SHARING OF RESOURCES AND USER EXPERIENCE AND ACCESS TO MEMBER BENEFITS.
IRS990/ProgSrvcAccomActy3Grp/Desc0COUNCIL MEMBERS DEVELOP AND SHARE CURRICULUM DOCUMENTS, EVALUATIONS TESTING RESOURCES, CASES AND OTHER TOOLS TO IMPROVE RESIDENT EDUCATION IN EMERGENCY MEDICINE.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Education Leadership Work Study
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0EMERGENCY MEDICINE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF MICHIGAN
IRS990ScheduleI/RecipientTable/RecipientEIN0752331221
IRS990ScheduleI/RecipientTable/RecipientEIN1386006309
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04950 W ROYAL LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11000 Victors Way 1A
IRS990ScheduleI/RecipientTable/USAddress/CityNm0IRVING
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Ann Arbor
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURE FOR MONITORING GRANT FUNDS IN THE UNITED STATES: CORD gave to EMF for a research grant. EMF then grants the money to another organization and is responsible for directly monitoring the grant funds. EMF gives CORD a final copy of the grant report to show the work completed. Based on this, CORD does not keep records of the recipient eligibility, etc. because that is done by EMF. CORD CONTRACTS WITH THE UNIVERSITY OF MICHIGAN TO CONDUCT A WORK STUDY RESEARCH PROGRAM. THE UNIVERSITY IS RESPONSIBLE FOR CONDUCTING THE RESEARCH AND PROVIDES CORD WITH MONTHLY REPORTING AND INVOICES. CORD'S EXECUTIVE DIRECTOR REVIEWS AND APPROVES THE DOCUMENTS PROVIDED. THE CORD BOARD VOTES AND APPROVES OF ANY INDIVIDUAL GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OR STOCKHOLDERS IN ORGANIZATION: ALL RESIDENCY TRAINING PROGRAMS IN EMERGENCY MEDICINE THAT ARE ACCREDITED BY THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION OR THE AMERICAN OSTEOPATHIC ASSOCIATION ARE ELIGIBLE FOR FULL MEMBERSHIP. ALL ACTIVE MEMBER PROGRAMS SHALL HAVE FIVE REPRESENTATIVES CONSISTING OF THE RESIDENCY DIRECTOR, TWO FACULTY DESIGNEES, THE CLERKSHIP DIRECTOR AND A RESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY: THE RESIDENCY DIRECTORS REPRESENTING THE MEMBER PROGRAMS ELECT THE CORD BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCESS USED TO REVIEW THE 990: THE 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING UNDER THE DIRECTION OF LAYLA POWERS, CFO OF THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS (ACEP), WHO ALSO TAKES CARE OF THE BOOKS AND RECORDS FOR THE COUNCIL OF EMERGENCY MEDICINE RESIDENCY DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIBE THE PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST: THE CONFLICT OF INTEREST POLICY IS POSTED ON THE WEBSITE. FURTHER, A COPY OF THE POLICY AND A DISCLOSURE FORM IS PROVIDED ANNUALLY TO EACH BOARD MEMBER AND OFFICER. IF/WHEN DISCLOSURES ARE MADE OF A CONFLICT THE PRESIDENT OF COUNCIL OF EMERGENCY MEDICINE RESIDENCY DIRECTORS ENSURES THAT SUCH CONFLICTS ARE DISCLOSED TO THE BOARD AND THAT APPROPRIATE ACTION IS TAKEN INCLUDING HAVING THE MEMBER RECUSED FROM ALL DISCUSSIONS AND DECISIONS.

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