Overview
What is Association Of American Medical Colleges?
The Association of American Medical Colleges (AAMC) is a renowned nonprofit organization headquartered in the United States. Committed to enhancing the healthcare sector, AAMC supports and guides the academic medicine community to improve overall health outcomes for people worldwide. Through various programs and services, they fortify the most advanced medical care by fostering education, research, and patient care activities among their member institutions. AAMC's mission is to serve and lead the academic medicine community, ultimately contributing to better health for all.
Official website here: www.aamc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Association of American Medical Colleges has received a high score of 96%, showcasing its strong performance in accountability and finance. This rating reflects the organization's commitment to transparency, evidenced by its independent board composed entirely of independent members and a solid financial oversight structure. The charity's program expense ratio of 87.18% indicates that a substantial portion of its resources is directed toward its mission-driven programs.
Strengths highlighted in the evaluation include robust governance policies, such as conflict of interest and whistleblower policies, along with thorough audit and oversight measures. Additionally, the charity maintains a low liabilities-to-assets ratio of 37.11%, demonstrating sound financial health and stability. The organization consistently meets criteria related to documentation and transparency, further solidifying its reputation.
Despite its strengths, the summary does not mention any specific limitations or challenges faced by the Association of American Medical Colleges. Overall, the organization exemplifies effective nonprofit management and a commitment to its mission within the medical education community.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of American Medical Colleges legitimate?
Association Of American Medical Colleges is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of American Medical Colleges submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,411,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,247,894
For more financial information, click here
Official website here: www.aamc.org
What is the mission statement of Association Of American Medical Colleges?
The Association of American Medical Colleges (AAMC) is dedicated to serving and leading the academic medicine community with the goal of enhancing healthcare for all. Through various programs and services, the organization strengthens advanced medical care globally by fostering education, research, and patient care activities within its member institutions. The AAMC's mission is geared towards improving the health of people everywhere. By supporting the academic medicine community, the AAMC aims to make a positive impact on the wellbeing of individuals around the world.
Official website here: www.aamc.org
Who is the CEO of Association Of American Medical Colleges?
David Skorton Md is the President & Ceo of Association Of American Medical Colleges. The CEO's salary of Association Of American Medical Colleges is $1,106,076 and their total compensation is $1,381,191.
Official website here: www.aamc.org
What is the revenue of Association Of American Medical Colleges?
Association Of American Medical Colleges's revenue in 2022 was $265,885,546.
Official website here: www.aamc.org
Who are the executives of Association Of American Medical Colleges and what are their salaries?
The average compensation at Association Of American Medical Colleges during 2022 was $109,467. There are 883 employees at Association Of American Medical Colleges.
Here are 40 key members and their salaries (Association Of American Medical Colleges's CEO's salary is $1,106,076 and their total compensation is $1,381,191):
- Compensation: $1,106,076
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- Other: $275,115
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- Compensation: $369,206
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- Other: $50,081
- Compensation: $734,049
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- Other: $65,471
- Compensation: $692,198
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- Other: $48,903
- Compensation: $688,956
- Related: $0
- Other: $57,529
- Compensation: $563,773
- Related: $0
- Other: $55,911
- Compensation: $546,615
- Related: $0
- Other: $59,441
- Compensation: $537,483
- Related: $0
- Other: $49,563
- Compensation: $488,677
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- Other: $60,891
- Compensation: $451,457
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- Other: $66,635
- Compensation: $447,241
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- Other: $56,372
- Compensation: $475,712
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- Other: $44,025
- Compensation: $437,483
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- Other: $51,985
- Compensation: $395,756
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- Other: $49,949
- Compensation: $381,428
- Related: $0
- Other: $51,819
- Compensation: $407,909
- Related: $0
- Other: $26,840
- Compensation: $603,665
- Related: $0
- Other: $13,490
Official website here: www.aamc.org
Where can I find the form 990 for Association Of American Medical Colleges?
Association Of American Medical Colleges's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aamc.org
Learn more at the official website: www.aamc.org
Mission Statement of Association Of American Medical Colleges
The Association of American Medical Colleges (AAMC) is a leading organization in the academic medicine community, dedicated to enhancing health for people everywhere. With a mission to serve and lead, AAMC strengthens the nation's most advanced medical care by supporting a wide range of education, research, and patient care activities conducted by its member institutions. The organization plays a pivotal role in improving health outcomes for all by fostering innovation, collaboration, and excellence in academic medicine.
In pursuit of its mission, AAMC offers various programs and services that cater to the needs of medical students, researchers, and healthcare professionals. The organization supports institutions in developing and implementing effective educational programs, promoting groundbreaking research, and delivering high-quality patient care. Through these initiatives, AAMC strives to foster a culture of continuous improvement and innovation in academic medicine.
The Association of American Medical Colleges stands at the forefront of efforts to advance healthcare in the United States and beyond. By collaborating with its members, government agencies, and other stakeholders, AAMC advocates for policies and resources that strengthen academic medicine and improve the health of populations. In doing so, the organization ultimately contributes to the development of a more effective, efficient, and equitable healthcare system. Through its unwavering commitment to academic medicine and its mission to serve and lead, the Association of American Medical Colleges remains a vital force in improving health and well-being for people everywhere.
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Impact
October, 2024
The Association of American Medical Colleges (AAMC) plays a crucial role in enhancing the health of populations by serving the academic medicine community. Its efforts are aimed at strengthening medical education, advancing research, and improving patient care across member institutions. Through programs and services, the AAMC fosters collaboration and innovation in medical training and practice, ensuring that healthcare professionals are well-equipped to meet the evolving needs of society. By supporting the entire spectrum of medical activities, the AAMC helps to cultivate a workforce that is dedicated to improving health outcomes for all individuals, reinforcing the foundation of the world's most advanced medical care.
This information is meant to be a general summary of Association Of American Medical Colleges. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,010,449
- Program Service Revenue: $246,184,030
- Gross Receipts: $284,212,123
Assets and Liabilities:
- Total Assets: $610,887,289
- Total Liabilities: $240,275,783
- Net Assets: $370,611,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ERAS
Revenue
$119,982,746
AMCAS
Revenue
$40,893,841
MCAT
Revenue
$40,035,824
MEMBERSHIP DUES
Revenue
$16,476,469
MEETING & WORKSHOPS
Revenue
$6,387,231
Organization Details
Founding Year
1955
Phone
(202) 828-0400Principal Officer
David Skorton Md
Main Address
655 K STREET NW 100, WASHINGTON, DC, 20001
Website
www.aamc.orgNTEE Category
Code: B030 - Education
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