Public Charity

Healthcare Financial Management Association Educational Foundation

Based in Downers Grove, IL, Healthcare Financial Management Association Educational Foundation operates as a Public Charity. The organization reported $11.3M in revenue, $9.4M in expenses, $38.3M in total assets for fiscal year 2025.

EIN: 362544491 Downers Grove, IL Health Care NTEE: E Latest filing: 2025
Total Revenue$11.3M
Total Expenses$9.4M
Total Assets$38.3M
Grant Records0
Filing Years2021–2025

Mission

To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field.

Where $100 goes at Healthcare Financial Management Association Educational Foundation

How Healthcare Financial Management Association Educational Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
The purpose of Healthcare Financial Management Association Educational Foundation (EF) is to receive and administer funds and property for educational purposes, including the instruction or training of individuals…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director, Content Brad Dennison
President & CEO C Ann Jordan
Director Carladenise Armbrister Edwards
Director David W Johnson
Director Deepak Sadagopan
Account Executive Jennifer Vanden Bergh

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $11.3M $9.4M $38.3M
2024 $12.4M $10.0M $35.4M
2023 $9.0M $7.7M $32.5M
2022 $6.1M $6.4M $29.6M
2021 $3.7M $2.5M $26.8M

Between 2021 and 2025, reported annual revenue grew from $3.7M to $11.3M (+207%), with total assets most recently reported at $38.3M.

Interactive year-over-year charts and full filing details available with membership.

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