Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Reporting of Employees | Part V, Line 2a | Salaries and wages are paid by Medical Group Management Association (EIN: 45-0275824), and then allocated to the organization as functional expenses. |
| Organization Members | Part VI, Section A, Line 6 | American College of Medical Practice has the following categories of members: - Fellows - Certified - Nominees - Life Fellows - Life Certified - Distinguished Fellows - Honorary Fellows |
| Member Voting Privileges | Part VI, Section A, Line 7a-7b | All Fellows have the privilege of voting in person, on all association matters, including the election of directors elected by the voting members and any other matters requiring membership approval under the Colorado Revised Nonprofit Corporation Act, the Articles of Incorporation, or the Bylaws. |
| Review of Form 990 by Governing Body | Part VI, Section B, Line 11 | The Board of Directors delegated to the Finance Committee the review of the Form 990. The Finance Committee reviews the Form 990 in detail. After the review, the members of the Board of Directors receive a copy of the Form 990 prior to it being filed. |
| Conflict of Interest Policy | Part VI, Section B, Line 12c | American College of Medical Practice's Officers, Board of Directors, and Committee Members are required to disclose in writing, on an annual basis, any interests that could give rise to conflicts of interests. The Organization monitors compliance with the Conflict of Interest Policy by inquiring at each Board meeting whether there have been any changes that could give rise to a conflict of interest since the Board Members signed the annual affirmation. |
| Compensation Setting Policy | Part VI, Section B, Line 15 | The organization does not have any paid employees, so it does not have a process for determining executive compensation. The Top management positions are shared with Medical Group Management Association (EIN: (45-0275824). The MGMA process for determining the executive compensation at MGMA is as follows: The MGMA Executive Committee serves as the compensation committee, and it reviews and utilizes comparability data in this function. The Board of Directors delegates responsibility for the compensation decision to the Executive Committee for the CEO's compensation. The organization maintains the necessary documentation as to how the executive compensation is determined. The compensation for other officers and key employees is determined using the same process. It is based on comparability data, which is reviewed and approved by the Executive Committee. The appropriate documentation is maintained by the organization as to how the compensation is set. |
| Documents Available to Public | Part VI, Section C, Line 19 | American College of Medical Practice posts its audited consolidated financial statements and governing documents on its website. The audited consolidated financial statements, governing documents, and conflict of interest policy are also available upon request. |
| Delegation of Authority - Executive Committee | Part VI, Section A, Line 1 | The Board of Directors may at any time appoint an Executive Committee, which shall consist of four (4) or more Directors including, but not limited to the Chair of the Board, Vice Chair of the Board, the Immediate Past Chair of the Board and the Secretary/Treasurer. In addition, the Chair of the Board of the Medical Group Management Association and the President/Chief Executive Officer shall serve as non-voting members of the Executive Committee. Such Committee shall have such powers and duties as may be allocated to it by the Board, and each member of the Executive Committee shall serve for that period determined by the Board. The Executive Committee may be authorized and directed to exercise all of the powers and to perform all of the duties of the Board in the interim between meetings provided that it shall take no action inconsistent with its meetings, reporting the same from time to time at the next succeeding meeting of the Board, regular or special. |
| Reconciliation of Net Assets | Part XI, Line 5 | Unrealized Gains from Investments $ 395,726 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:William Jessee TITLE:President/CEO HOURS:46 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:James Cauble TITLE:Executive VP/COO HOURS:46 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Leah Brash TITLE:VP/CFO HOURS:46 |
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