Post-acute and Long-term Care Medical Association Inc
Nonprofit profile at a glance
- EIN
- 521950426
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Columbia, MD, USA
- Phone
- 4107409743
- Rating confidence
- Limited
Reported finances
- Revenue
- $5,881,386
- Expenses
- $6,009,356
- Assets
- $2,817,248
- Liabilities
- $1,768,401
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- MICHELLE ZINNERT (EXECUTIVE DIRECTOR)
Highest reported compensation
- MICHELLE ZINNERT (EXECUTIVE DIRECTOR): $357,179 total reported compensation
- ELIZABETH SOBCZYK (PROJECT DIRECTOR): $176,525 total reported compensation
- JEFFREY ECKERT (DIRECTOR, FINANCE & OPERATIONS): $173,321 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 promote and enhance the development of competent, compassionate, and committed medical practitioners and leaders to provide goal-centered care across all post-acute and long-term care settings.
What it reported doing in 2024
Professional development/meetings:--annual conference - paltmed presents an annual conference where speakers present content designed to expand attendees' knowledge, competency and skills in clinical medicine, leadership and management in long-term care. The event allows attendees to choose from a variety of sessions focused on different areas of long-term and post-acute care. Content is chosen through a committee that uses activity evaluations, environmental scanning, expert opinions and standards of practice to choose topics for presentation. The program includes interactive and didactic live and online presentations. --professional development and education - the content of paltmed's professional development activities is based on a continuous needs assessment conducted through activity evaluations, environmental sampling, expert opinion, and standards of practice, including practice guidelines. Education content is designed to expand the knowledge, competency and skills of physicians and allied healthcare professionals who treat patients in long term care settings through national and regional dissemination of emerging information in clinical medicine and in leadership and management in long term care. Paltmed utilizes a variety of instructional methods and formats for its continuing education activities via live and on-line programs, which are based on the desired learning objectives and outcome of the educational activity. Specific activities include core curriculum on medical direction live and online courses with audience response, online asynchronous programs, and print and on-line enduring materials.
Operating model
- Revenue model
- Other-operating. 71% of the money available for current operations came from other operating 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: 92
- Accountability: 91
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.2%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 20.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $357K · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $577K reported
- Consistency: 15 of 15 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 13 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.