Overview
What is Accreditation Council For Continuing Medical Education?
The Accreditation Council for Continuing Medical Education (ACCME) is a Chicago, Illinois-based nonprofit organization, located at 401 N Michigan Ave 1850. Its primary focus is on establishing and promoting standards for continuing medical education (CME) for healthcare professionals. In 2022, the council evaluated 232 entities at various stages to ensure adherence to these standards. Their mission is to enhance and advance quality learning for healthcare professionals, ultimately leading to improved patient care, professional competence, and the integration of new knowledge into medical practice for better community health. The ACCME employs 43 individuals to carry out these essential responsibilities.
Official website here: www.accme.org
What are the reviews and ratings of this charity?
Charity Navigator rates the Accreditation Council For Continuing Medical Education (ACCME) with an impressive score of 96%, which translates to a Four-Star out of Four Star rating. This rating highlights the organization's strong commitment to accountability and finance, with all relevant metrics reflecting complete transparency and adherence to best practices. Notably, the ACCME has 100% independent board members and effectively manages its financials with a high program expense ratio of 88.49%.
The organization demonstrates significant strengths in governance, evidenced by strong policies including a conflict of interest and whistleblower policy. They conduct thorough financial oversight, and their asset diversion risk is non-existent—indicating dependable management of resources. However, there is a minor deficiency noted, as the nonprofit lacks a posted tax form on its website, which slightly undermines its transparency in this area.
User reviews from GreatNonprofits could not be fetched, so no public sentiment information is currently available. Overall, ACCME stands out for its solid governance and financial practices, although attention could be given to improving online transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Accreditation Council For Continuing Medical Education legitimate?
Accreditation Council For Continuing Medical Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accreditation Council For Continuing Medical Education 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: $681,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,695,002
For more financial information, click here
Official website here: www.accme.org
What is the mission statement of Accreditation Council For Continuing Medical Education?
The Accreditation Council for Continuing Medical Education's mission is centered around ensuring and enhancing high-quality learning experiences for healthcare professionals. This learning is intended to lead to improvements in patient care, the maintenance of competence, and the incorporation of new knowledge to enhance the quality of medical care provided to patients and their communities. The council accomplishes this by developing standards, promoting these standards to relevant groups and stakeholders, and overseeing the initial and ongoing evaluation of organizations and institutions that provide continuing medical education (CME) for physicians. In 2022, the council assessed 232 entities at various stages in this process.
Official website here: www.accme.org
Who is the CEO of Accreditation Council For Continuing Medical Education?
Graham Mcmahon is the Chair of Accreditation Council For Continuing Medical Education. The CEO's salary of Accreditation Council For Continuing Medical Education is $656,613 and their total compensation is $693,308.
Official website here: www.accme.org
What is the revenue of Accreditation Council For Continuing Medical Education?
Accreditation Council For Continuing Medical Education's revenue in 2022 was $8,886,304.
Official website here: www.accme.org
Who are the executives of Accreditation Council For Continuing Medical Education and what are their salaries?
The average compensation at Accreditation Council For Continuing Medical Education during 2022 was $101,770. There are 43 employees and 150 volunteers at Accreditation Council For Continuing Medical Education.
Here are 24 key members and their salaries (Accreditation Council For Continuing Medical Education's CEO's salary is $656,613 and their total compensation is $693,308):
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- Compensation: $196,144
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- Other: $16,777
- Compensation: $189,920
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- Other: $8,896
Official website here: www.accme.org
Where can I find the form 990 for Accreditation Council For Continuing Medical Education?
Accreditation Council For Continuing Medical Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.accme.org
Learn more at the official website: www.accme.org
Mission Statement of Accreditation Council For Continuing Medical Education
The Accreditation Council for Continuing Medical Education, abbreviated as ACCME, is committed to ensuring and enhancing high-quality learning experiences for healthcare professionals. This learning process is designed to foster improvements in patient care, maintain competence, and incorporate new knowledge, ultimately leading to enhanced quality of medical care for patients and their communities. The council achieves this mission by developing CME standards, promoting these standards among external groups and stakeholders, and overseeing the initial and ongoing evaluation of organizations and institutions that offer CME programs for physicians. In 2022, a total of 232 entities were evaluated at various stages by the ACCME.
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Impact
July, 2024
The Accreditation Council for Continuing Medical Education plays a crucial role in assuring and advancing quality learning for healthcare professionals. By developing CME standards, promoting these standards to external groups and stakeholders, and evaluating organizations that provide CME for physicians, the council drives improvements in patient care, helps physicians maintain competence, and facilitates the incorporation of new knowledge to enhance the quality of medical care for patients and their communities.
This information is meant to be a general summary of Accreditation Council For Continuing Medical Education. 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: $160,261
- Program Service Revenue: $8,726,043
- Gross Receipts: $9,238,930
Assets and Liabilities:
- Total Assets: $15,983,816
- Total Liabilities: $6,615,316
- Net Assets: $9,368,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL ACCRED FEES - A
Revenue
$6,499,076
WORKSHOP FEES
Revenue
$964,491
ANNUAL ACCRED FEES - S
Revenue
$782,500
DATA SYSTEM HOSTING AN
Revenue
$479,976
Organization Details
Founding Year
1981
Phone
(312) 527-9200Principal Officer
Graham Mcmahon
Main Address
401 N MICHIGAN AVE 1850, CHICAGO, IL, 60611
Website
www.accme.orgNTEE Category
Code: B60 - Education
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