Association for the Advancement of Medical Instrumentation Inc
Nonprofit profile at a glance
- EIN
- 274379277
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- Arlington, VA, USA
- Phone
- 7035254890
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $19,570,382
- Expenses
- $17,680,768
- Assets
- $46,286,009
- Liabilities
- $15,065,371
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- PAMELA ARORA (PRESIDENT & CEO)
- JOSEPH LEWELLING (VICE PRESIDENT)
- AMANDA BENEDICT (VICE PRESIDENT)
- SHERRIE SCHULTE (VICE PRESIDENT)
- JOHN SLOAN (VICE PRESIDENT)
- DANIELLE MCGEARY (VICE PRESIDENT)
Highest reported compensation
- PAMELA ARORA (PRESIDENT & CEO): $918,441 total reported compensation
- ROBERT BURROUGHS (CHIEF LEARNING OFFICER): $456,611 total reported compensation
- EDMUND GLABUS (CHIEF ADMIN OFFICER, SECRETARY): $331,598 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide global multidisciplinary leadership and programs that enhance the goals and capabilities of the professions, healthcare institutions, government, industry, and other institutions that relate to the delivery, development, management, use, and other aspects of safe and effective medical instrumentation and related technologies.
What it reported doing in 2024
The education program delivers quality products and services on regulatory requirements, international standards, and recommended practices that provide a venue for the understanding and resolution of critical issues facing the healthcare technology community. Included in this program service are education and information services that increase the medical industry's understanding of government regulations, international standards, and industry practices. The annual conference offers timely, practical, and innovative educational opportunities for professionals working in the clinical setting and involved with or interested in healthcare technology support and management.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 67
- Accountability: 91
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 6th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 97.8%; rating input score 98; 28th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 84.2%; rating input score 84; 18th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.7%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 2.62; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 16 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $918K · 29 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $325K reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.