Civic Intelligence

Accreditation Council for Continuing Medical Education

EIN 47-0941683 • 501(c)3 • Chicago, IL

Profile

To assure and advance quality learning for healthcare professionals that drives improvements in patient care, maintenance of competence and incorporation of new knowledge to improve quality medical care for patients and their communities.

401 N Michigan Ave 1850Chicago, IL 60611

www.accme.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.57x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

61st percentile

9.4%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$1,186,667

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

48th percentile

3.9%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$19,113,479

Up $716,801 (+3.9%) from 2023

Liabilities

Down

$6,301,807

Down $952,543 (-13%) from 2023

Net Assets

Up

$12,811,672

Up $1,669,344 (+15%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin61st percentile

Revenue

Up

$11,116,383

Up $1,029,236 (+10%) from 2023

Expenses

Up

$10,069,280

Up $599,547 (+6.3%) from 2023

Net Income

Up

$1,047,103

Up $429,689 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $6,009,513Liabilities 2011: $1,464,066Net Assets 2011: $4,545,4472011Assets 2012: $6,071,148Liabilities 2012: $1,540,454Net Assets 2012: $4,530,6942012Assets 2013: $7,716,432Liabilities 2013: $2,629,986Net Assets 2013: $5,086,4462013Assets 2014: $8,469,166Liabilities 2014: $2,713,311Net Assets 2014: $5,755,8552014Assets 2015: $7,995,134Liabilities 2015: $1,862,710Net Assets 2015: $6,132,4242015Assets 2016: $8,661,608Liabilities 2016: $2,240,474Net Assets 2016: $6,421,1342016Assets 2017: $8,656,094Liabilities 2017: $2,403,793Net Assets 2017: $6,252,3012017Assets 2018: $8,165,244Liabilities 2018: $2,489,603Net Assets 2018: $5,675,6412018Assets 2019: $9,639,945Liabilities 2019: $3,258,814Net Assets 2019: $6,381,1312019Assets 2020: $12,177,455Liabilities 2020: $3,819,381Net Assets 2020: $8,358,0742020Assets 2021: $14,011,011Liabilities 2021: $3,188,452Net Assets 2021: $10,822,5592021Assets 2022: $15,983,816Liabilities 2022: $6,615,316Net Assets 2022: $9,368,5002022Assets 2023: $18,396,678Liabilities 2023: $7,254,350Net Assets 2023: $11,142,3282023Assets 2024: $19,113,479Liabilities 2024: $6,301,807Net Assets 2024: $12,811,6722024

Highlighted filing

2024

Assets$19,113,479
Liabilities$6,301,807
Net Assets$12,811,672
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,704,845Expenses 2011: $4,729,689Net Income 2011: -$24,8442011Expenses 2012: $4,781,2832012Revenue 2013: $5,101,851Expenses 2013: $4,642,247Net Income 2013: $459,6042013Revenue 2014: $5,766,854Expenses 2014: $5,029,924Net Income 2014: $736,9302014Revenue 2015: $5,916,008Expenses 2015: $5,303,082Net Income 2015: $612,9262015Revenue 2016: $5,811,394Expenses 2016: $5,578,631Net Income 2016: $232,7632016Revenue 2017: $6,196,584Expenses 2017: $6,770,228Net Income 2017: -$573,6442017Revenue 2018: $6,992,097Expenses 2018: $6,932,191Net Income 2018: $59,9062018Revenue 2019: $7,616,763Expenses 2019: $7,450,454Net Income 2019: $166,3092019Revenue 2020: $8,069,329Expenses 2020: $6,883,813Net Income 2020: $1,185,5162020Revenue 2021: $9,679,361Expenses 2021: $7,534,231Net Income 2021: $2,145,1302021Revenue 2022: $8,886,304Expenses 2022: $8,673,321Net Income 2022: $212,9832022Revenue 2023: $10,087,147Expenses 2023: $9,469,733Net Income 2023: $617,4142023Revenue 2024: $11,116,383Expenses 2024: $10,069,280Net Income 2024: $1,047,1032024

Highlighted filing

2024

Revenue$11,116,383
Expenses$10,069,280
Net Income$1,047,103
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$19,113,479
Liabilities
$6,301,807
Net assets
$12,811,672
Revenue
$11,116,383
Expenses
$10,069,280
Net income
$1,047,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$6.30$12.8$11.1$10.1$1.05
2023Detailed filing. Detailed filing data is available for this year.$18.4$7.25$11.1$10.1$9.47$0.62
2022Detailed filing. Detailed filing data is available for this year.$16.0$6.62$9.37$8.89$8.67$0.21
2021Detailed filing. Detailed filing data is available for this year.$14.0$3.19$10.8$9.68$7.53$2.15
2020Detailed filing. Detailed filing data is available for this year.$12.2$3.82$8.36$8.07$6.88$1.19
2019Detailed filing. Detailed filing data is available for this year.$9.64$3.26$6.38$7.62$7.45$0.17
2018Detailed filing. Detailed filing data is available for this year.$8.17$2.49$5.68$6.99$6.93$0.06
2017Detailed filing. Detailed filing data is available for this year.$8.66$2.40$6.25$6.20$6.77$0.57
2016Detailed filing. Detailed filing data is available for this year.$8.66$2.24$6.42$5.81$5.58$0.23
2015Detailed filing. Detailed filing data is available for this year.$8.00$1.86$6.13$5.92$5.30$0.61
2014Detailed filing. Detailed filing data is available for this year.$8.47$2.71$5.76$5.77$5.03$0.74
2013Detailed filing. Detailed filing data is available for this year.$7.72$2.63$5.09$5.10$4.64$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$1.54$4.53$4.78
2011Summary only. Only limited summary data is available for this year.$6.01$1.46$4.55$4.70$4.73$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 19, 2025
Return Version
2024v5.2
Gross Receipts
$11,116,383
Mission and Program Overview

Mission

To assure and advance quality learning for healthcare professionals that drives improvements in patient care, maintenance of competence and incorporation of new knowledge to improve quality medical care for patients and their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,660,779$11,794,432▲ $1,133,653
Cash and Non-Interest-Bearing Accounts$2,893,872$3,040,453▲ $146,581
Land, Buildings, and Equipment, Net$1,437,098$1,479,801▲ $42,703
Prepaid Expenses and Deferred Charges$253,639$284,787▲ $31,148
Savings and Temporary Cash Investments$377,292$102,078▼ $275,214
Accounts Receivable$103,662$82,615▼ $21,047
Total Assets$18,396,678$19,113,479▲ $716,801
Other Assets Total$2,670,336$2,329,313▼ $341,023
Liabilities
Deferred Revenue$3,381,529$3,059,560▼ $321,969
Other Liabilities$3,347,518$2,717,742▼ $629,776
Accounts Payable and Accrued Expenses$525,303$524,505▼ $798
Total Liabilities$7,254,350$6,301,807▼ $952,543
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,142,328$12,811,672▲ $1,669,344
Total Net Assets Fund Balance$11,142,328$12,811,672▲ $1,669,344
Total Liabilities and Net Assets / Fund Balance$18,396,678$19,113,479▲ $716,801

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,477,206$3,158,755$4,635,961
Equipment$2,595$241,704$244,299
Other Assets Org$2,329,313--
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Graham Mcmahon Md MsscPresident, CEO and SecretaryFT$723,631$463,036$1,186,667
Kathleen Regnier Ma MbaExecutive Vice PresidentFT$336,534$75,695$412,229
Jennifer Dunleavy MsaSVP, Finance and OperationsFT$257,187$23,286$280,473
Steve Singer PhdVP, Education and OutreachFT$216,692$42,632$259,324
Dion RichettiVP, Accreditation and RecognitionFT$207,395$42,260$249,655
Julianna ColeVP, Information and TechnologyFT$182,626$60,862$243,488
Ellen SullivanVP, CommunicationsFT$185,231$30,851$216,082

Board Members and Trustees

NameTitle
Gay Wehrli Md Mba MsedChair
Jon Thomas Md MbaVice Chair
Annette Donawa Phd MsedDirector
Christine Stabler MdDirector
Eric Friedberg MdDirector
Haritha Rachamallu MdDirector
Jacqueline Watson Do MbaDirector
Marci Fjelstad Mph MbaDirector
Marko Jachtorowycz MdDirector
Rebecca Daniel MdDirector
Roy Strowd Md Med MsDirector
Saima Chaudhry Md MshsDirector
Shannon Kilgore MdDirector
Sharisse Arnold Rehring MdDirector
Susan Dubois Cpcs CpmsmDirector
Thomas Mcloughlin Jr MdDirector
Vincent Loffredo EddDirector
Tammy Mcgee MbaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Genpact (uk) LimitedSoftware Consulting29 N WACKER DR, Chicago, IL 60611$287,432
Highland Group INCSoftware Consulting125 S CLARK STREET STE 670, Chicago, IL 60603$220,066
Bostrom CorporationFinancial/meetings35 E WACKER DR STE 850, Chicago, IL 60601$148,980
Ntiva INCHardware/network Consulting5559 N ELSTON AVENUE, Chicago, IL 60630$131,895
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$10,404,563
Investment Income
$661,820
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$1,047,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,086,383
Revenue Not Reported on Financial Statements
$30,000
Revenue Not Reported on Form 990
$1,103,991
Total Revenue per Audited Statements
$12,190,374
Total Revenue per Form 990
$11,116,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,014,919
Other Expenses$4,054,361
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,951,251$350,491-$3,301,742
Current Officers, Directors, Trustees, and Key Employees$1,439,006$159,890-$1,598,896
Conferences and Meetings$799,328--$799,328
Occupancy$538,598$114,164-$652,762
Depreciation Depletion$633,979$1,547-$635,526
Other Employee Benefits$466,154$54,492-$520,646
All Other Expenses$395,240$12,833-$408,073
Payroll Taxes$354,016$41,187-$395,203
Information Technology$306,797$85,605-$392,402
Travel$294,319$20,322-$314,641
Pension Plan Contributions$177,637$20,795-$198,432
Fees for Services Other$170,391--$170,391
Office Expenses$97,465$61,892-$159,357
Fees for Services Accounting$1,893$132,862-$134,755
Fees for Services Legal$42,225$11,088-$53,313
Insurance$32,763$17,283-$50,046
Fees for Service Investment Mgmnt Fees-$30,000-$30,000
Other Expenses$6,042$4,784-$4,784
Total Functional Expenses$8,906,706$1,162,574$0$10,069,280

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,521,030
Total Expenses per Form 990$10,069,280
Expenses per Audited Statements$10,039,280
Expenses Not Reported on Form 990$481,750
Expenses Not Reported on Financial Statements$30,000
International Activity

International Summary

Offices
0
Employees
0
Spending
$476,286

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ActivitiesAccreditation Services00$399,286
Europe (including Iceland & Greenland)Program ActivitiesAccreditation Services00$77,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$2,518,006
Supplemental Executive Retirement Plan Obligation$199,736
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Bostrom corporation performs day to day accounting and posting of transactions to the general ledger and sub-ledgers.”

Form 990, Part VI, Section A, Line 6

“There are seven member organizations of the accme: the american board of medical specialties (abms), the american hospital association (aha), the american medical association (ama), the association of american medical colleges (aamc), the association for hospital medical education (ahme), the council of medical specialty societies (cmss) and the federation of state medical boards (fsmb). The board of directors, which is the policy-making body of accme, consists of eighteen directors. Each member may nominate directors, and from these nominees the board elects two directors per member. The board also contains two public directors, two directors affiliated with recognized institutions, and two representatives of the federal government. Each director is a voting director. Representatives of the federal government are not voting members of the board.”

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

“Lists of actions of the meetings of the board of directors shall be sent to the chief executive officer of each member within ten days after each meeting of the board of directors. If within 45 days of receipt of the list of actions of a meeting, 3 or more of the 7 members inform accme in writing that a particular listed action is in furtherance of a purpose or function outside each purpose and function in article ii, that action shall be altered, rescinded, or discontinued to conform to article ii. This notice in writing must be accompanied by a written explanation of why the action is perceived to be objectionable.”

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

“The form 990 is provided electronically to and reviewed by board members prior to filing.”

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

“The organization's board of directors and ceo monitor and enforce compliance with the policy.”

Form 990, Part VI, Section B, Line 15A

“The executive committee reviews the compensation policies each year. The compensation committee reviews comparability data and makes recommendations regarding executive compensation.”

Form 990, Part VI, Section C, Line 19

“The governing documents are available on the organization's website. The conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Accreditation Council for Continuing
EIN
47-0941683
Phone
3125279200
Address
401 N MICHIGAN AVE 1850, CHICAGO, IL 60611

Signing Officer

Name
Graham Mcmahon
Title
President and CEO
Phone
3125279200
Signed
2025-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Graham Mcmahon
Formed
1981
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
42
Volunteers
152

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
200 W ADAMS STREET STE 2015, CHICAGO, IL 60606
Preparer
Melanie Mcpeak
Phone
3123462191
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accme has evaluated the tax positions taken for all open tax years. Currently, the returns for the prior three fiscal years are open and subject to examination by the internal revenue service; however, accme is not currently under audit nor has accme been contacted by this jurisdiction. Based on the evaluation of accme's tax positions, management believes all positions would be upheld under an examination; therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended december 31, 2024 and 2023.”

Raw XML AppendixShowing 400 of 835 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT, CEO AND SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20SVP, FINANCE AND OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP, EDUCATION AND OUTREACH
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP, ACCREDITATION AND RECOGNITION
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP, INFORMATION AND TECHNOLOGY
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IRS990/MissionDesc0TO ASSURE AND ADVANCE QUALITY LEARNING FOR HEALTHCARE PROFESSIONALS THAT DRIVES IMPROVEMENTS IN PATIENT CARE, MAINTENANCE OF COMPETENCE AND INCORPORATION OF NEW KNOWLEDGE TO IMPROVE QUALITY MEDICAL CARE FOR PATIENTS AND THEIR COMMUNITIES.
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