Civic Intelligence

Accreditation Council for Continuing Medical Education

990 • Fiscal year 2021 • EIN 47-0941683

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization ProfileWWW.ACCME.ORG
401 N Michigan Ave 1850Chicago, IL 60611

(312) 527-9200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.33x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

67th percentile

22%

Higher net margin than 67% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

94th percentile

$685,595

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

62nd percentile

15%

Faster asset growth than 62% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

20%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$14,011,011

Up $1,833,556 (+15%) from 2020

Net Assets

Up

$10,822,559

Up $2,464,485 (+29%) from 2020

Liabilities

Down

$3,188,452

Down $630,929 (-17%) from 2020

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin67th percentile

Revenue

Up

$9,679,361

Up $1,610,032 (+20%) from 2020

Expenses

Up

$7,534,231

Up $650,418 (+9.4%) from 2020

Net Income

Up

$2,145,130

Up $959,614 (+81%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2021

Assets$14,011,011
Liabilities$3,188,452
Net Assets$10,822,559
Open 2021 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$9,679,361
Expenses$7,534,231
Net Income$2,145,130
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.2
Gross Receipts
$10,551,588
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.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,761,806$8,811,194▲ $1,049,388
Cash and Non-Interest-Bearing Accounts$2,334,308$2,453,205▲ $118,897
Land, Buildings, and Equipment, Net$1,675,544$2,251,922▲ $576,378
Savings and Temporary Cash Investments$122,418$204,598▲ $82,180
Prepaid Expenses and Deferred Charges$123,149$188,304▲ $65,155
Accounts Receivable$160,230$101,788▼ $58,442
Total Assets$12,177,455$14,011,011▲ $1,833,556
Liabilities
Deferred Revenue$2,754,531$2,517,622▼ $236,909
Accounts Payable and Accrued Expenses$387,413$461,884▲ $74,471
Other Liabilities$677,437$208,946▼ $468,491
Total Liabilities$3,819,381$3,188,452▼ $630,929
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,358,074$10,822,559▲ $2,464,485
Total Net Assets Fund Balance$8,358,074$10,822,559▲ $2,464,485
Total Liabilities and Net Assets / Fund Balance$12,177,455$14,011,011▲ $1,833,556

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,229,823$928,440$3,158,263
Equipment$22,099$242,160$264,259
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Graham McmahonChief Executive Officer, SecreFT$617,421$68,174$685,595
Kathleen RegnierExecutive Vice PresidentFT$305,793$73,574$379,367
Steve SingerVP Education and OutreachFT$195,483$41,027$236,510
Dion a RichettiVP Accreditation and RecognitionFT$187,097$42,022$229,119
Julianna T ColeVP of Data and Info ServicesFT$190,550$31,434$221,984
Jennifer DunleavySenior VP, Finance and OperationsPT$184,373$17,415$201,788
Marcela BonillaDirector, Data Products and Collaboration ProgramsFT$152,675$22,795$175,470
Marcela BonillaDirector, Data Products and Collabor-$143,089$32,381$175,470

Board Members and Trustees

NameTitle
Suzanne ZiemnikChair
Marilane BondVice Chair
Brooke TaylorDirector
Christine StablerDirector
Gay WehrliDirector
Jeffrey MallinDirector
Lewis NelsonDirector
Marc JacksonDirector
Mary Snavely-dixonDirector
Michael ZanolliDirector
Michelle SchreiberDirector
Richard PietersDirector
Ron Ben-ariDirector
Sharisse Arnold RehringDirector
Steven CraigDirector
Stuart GilmanDirector
William ConsidineDirector
William RayburnDirector
Thomas Mcloughlin JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rightpoint ConsultingSoftware Consulting29 N WACKER DRIVE, Chicago, IL 60611$1,010,756
AcgmeRent And Operating401 N MICHIGAN SUITE 2000, Chicago, IL 60611$665,515
Bostrom CorporationFinancial/meetings35 E WACKER DR STE 850, Chicago, IL 60601$168,044
Brandtuitive INCMarketing/branding275 MADISON AVE SUITE 1700, New York, NY 10016$131,000
Armature CorporationSoftware Service45240 BUISNESS COURT SUITE 400, Dulles, VA 20166$101,925
Revenue and Support

Revenue Composition

Contributions and Grants
$591,100
Program Service Revenue
$8,656,080
Investment Income
$432,181
Other Revenue
$0
Change in Net Assets
$2,145,130

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,658,941
Revenue Not Reported on Financial Statements
$20,420
Revenue Not Reported on Form 990
$840,855
Total Revenue per Audited Statements
$10,499,796
Total Revenue per Form 990
$9,679,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,045,476
Other Expenses$2,488,755
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,989,521$342,407-$3,331,928
Occupancy$869,695$105,457-$975,152
Payroll Taxes$626,300$72,696-$698,996
Current Officers, Directors, Trustees, and Key Employees$610,180$75,415-$685,595
Information Technology$356,180$62,232-$418,412
Depreciation Depletion$374,149$9,898-$384,047
Pension Plan Contributions$294,745$34,212-$328,957
Fees for Services Other$227,697--$227,697
Fees for Services Accounting-$136,320-$136,320
Office Expenses$37,167$43,482-$80,649
Fees for Services Legal$68,026--$68,026
Insurance$36,733$2,816-$39,549
Travel$36,265$424-$36,689
Conferences and Meetings$22,749--$22,749
Fees for Service Investment Mgmnt Fees-$20,420-$20,420
All Other Expenses$4,470$8,560-$13,030
Other Expenses$1,200$7,019-$8,219
Total Functional Expenses$6,596,875$937,356$0$7,534,231

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,035,311
Total Expenses per Form 990$7,534,231
Expenses per Audited Statements$7,513,811
Expenses Not Reported on Form 990$521,500
Expenses Not Reported on Financial Statements$20,420
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
Supplemental Employee Retirement Plan$208,946
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 was paid $168,044 for financial processing and meeting planning services. Employees of bostrom corporation are not listed in part vii.”

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 7A

“Member organizations nominate directors. New directors are elected by 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
CEO/secretary
Phone
3125279200
Signed
2022-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Graham Mcmahon
Formed
1981
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
32
Volunteers
150

Preparer

Firm
Mueller & Co Llp
Address
1707 N RANDALL ROAD, ELGIN, IL 60123
Preparer
Eleanor a Livingston CPA Mst
Phone
8478888600
Supplemental Narrative

Additional Explanations

PART I, LINE 1 BRIEFLY DESCRIBE ORGANIZATION'S MISSION

“To assure and advance quality learning for healthcare professionals that drives improvements in patient care”

Financial Statement Notes

PART X, LINE 2:

“Accme has been determined to be exempt from income tax under section 501(c)(3) of the internal revenue code, and accordingly, no provision has been made for either federal or state income taxes. Accme has evaluated the tax positions taken for all open tax years. Currently, the 2018, 2019 and 2020 tax 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, 2021 and 2020.”

Raw XML AppendixShowing 400 of 798 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/PersonNm13MARY SNAVELY-DIXON
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IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM CONSIDINE
IRS990/Form990PartVIISectionAGrp/PersonNm16SHARISSE ARNOLD REHRING
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IRS990/Form990PartVIISectionAGrp/PersonNm24JULIANNA T COLE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF EXECUTIVE OFFICER, SECRE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR, DATA PRODUCTS AND COLLABORATION PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP EDUCATION AND OUTREACH
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP ACCREDITATION AND RECOGNITION
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP OF DATA AND INFO SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt25SENIOR VP, FINANCE AND OPERATIONS
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IRS990/GrantsToOrganizationsInd00
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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,011,011
Liabilities
$3,188,452
Net assets
$10,822,559
Revenue
$9,679,361
Expenses
$7,534,231
Net income
$2,145,130
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