NonprofitsHealthcare Financial Management Association

Healthcare Financial Management Association

DOWNERS GROVE, IL

Total revenue

$25.9M

Total expenses

$25.8M

Net assets

$8.1M

Grants received

EIN

362318336

Tax year

2023

Mission

Leading the financial management of health care.

Programs

2 programs

HFMA publishes monthly magazines and e-newsletters that are shared not only with the 120,500-member base but with other industry professionals, circulation for some periodicals reaching 43,000. The publications contain articles and information related to recent governmental rule changes and those under consideration, current events, real life best practice examples and hot topics facing the industry. E-newsletters are circulated to registered members.

Certification and Education - The Healthcare Financial Management Association (HFMA) helps its members-both individuals and organizations-achieve optimal performance by providing the practical tools and solutions, education, industry analyses, and strategic guidance needed to address the many challenges that exist within the US healthcare system. HFMA advances the profession and industry by providing relevant education and professional development opportunities, offering specialized certifications in revenue cycle, accounting and finance, business intelligence, managed care, and physician practice management. HFMA also provides educational content via webinars, virtual experiences and custom content.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$18.9M
Investment income$1.1M
Other revenue$5.9M
Total revenue$25.9M

Expenses

Grants paid
Salaries & benefits$16.9M
Fundraising
Other expenses$8.9M
Total expenses$25.8M
Total assets$25.0M
Net assets$8.1M

People

24 listed

NameRoleCompensation

Joseph J Fifer

President & CEO until 7/31/23

Board

$606K

27 hrs/wk

C Ann Jordan

President & CEO

Board

$238K

27 hrs/wk

Susan K Nelson

Director

Board

2.3 hrs/wk

Marcus Whitney

Director

Board

2.3 hrs/wk

David W Johnson

Director

Board

2.3 hrs/wk

Scott R Hawig

Director

Board

2.3 hrs/wk

Nikki Harper

Director

Board

2.3 hrs/wk

Carladenise Armbrister Edwards

Director

Board

2.3 hrs/wk

Matthew E Cox

Director

Board

2.3 hrs/wk

Maureen A Clancy

Director

Board

2.3 hrs/wk

Colleen M Blye

Director

Board

2.3 hrs/wk

Kiran Batheja

Secretary/Treasurer

Board

3 hrs/wk

Marc B Scher

Chair-Elect

Board

3.6 hrs/wk

Dennis E Dahlen

Chairman

Board

4 hrs/wk

Richard Gundling

SVP, Healthcare Financial Practices

Staff

$360K

27 hrs/wk

Mary Mirabelli SVP Content

Strategy & Delivery until 12/15/23

Staff

$353K

27 hrs/wk

Richard Lucas

Dir, Channel Assets until 8/31/24

Staff

$339K

27 hrs/wk

William Casey SVP Member

Experience & Bus Dev until 5/31/24

Staff

$327K

27 hrs/wk

Vincent Lynn

Enterprise Account Executive

Staff

$298K

27 hrs/wk

Lisa Richards

VP, People and Culture

Staff

$220K

27 hrs/wk

Steve Saldivar

Vice President & CFO

Staff

$210K

27 hrs/wk

Todd Nelson

Director, Partner Relationships

Staff

$191K

27 hrs/wk

Richard Schellenberg

Account Executive

Staff

$179K

27 hrs/wk

Rita Walker

Director, Channel Assets

Staff

$168K

27 hrs/wk

Independent contractors

XIT Solutions Inc

IT Services

$683K

Meridian Technology Solutions

IT Services

$643K

Powercast Media LLC

Advertising/Sales

$563K

AdCellerant LLC

Digital Marketing Services

$497K

CLD Associates Inc

Advertising/Sales

$481K

Details

EIN362318336
Subsection06
Ruling date1969-04
Formed1957
Employees91
Volunteers695
HEALTHCARE FINANCIAL MANAGEMENT ASSOCIATION — Mission, Financials & Grants Received | Grantivo