American Medical Group Association Inc logo

American Medical Group Association Inc

Public charity · Grantmaker Alexandria, VA EIN: 54-0536002 Website

Amga, inc. Improves healthcare for patients by supporting multispecialty medical groups and other organized systems of care.

Key facts about American Medical Group Association Inc

In short: American Medical Group Association Inc gave $150K across 1 grant in 2024 (avg $150K), mostly in Virginia. Source: 2024 IRS Form 990.

EIN
54-0536002
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$150,000
Grants made (2024)
1
Average grant
$150,000
Median grant
$150,000
Total assets
$21,175,075
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$21.2M

+4.0% YoY

Annual Giving

$150K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$150K

+0.0% YoY

How American Medical Group Association Inc gives

  • Giving fell 57% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About American Medical Group Association Inc

Based on IRS filings

American Medical Group Association Inc is a public charity, based in Alexandria, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.2M in total assets. In 2024, it awarded 1 grant totaling $150K. Net investment income was $271K.

Open Grants

2 open opportunities from American Medical Group Association Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Alexandria

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $150K (2022) to $416K (2020). In 2024 it made 1 grant totaling $150K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Amga Foundation Inc: $150KAmga Foundation Inc$150K

The largest 2024 recipient was Amga Foundation Inc ($150K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Amga Foundation Inc Alexandria, VATo Support the Foundation.$150,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$21,175,075$20,357,430$20,331,868
Revenue$16,334,741$16,726,333$13,526,423
Expenses$16,403,019$16,859,615$14,588,908
Net Investment Income$270,844$229,065$-2,616,383

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 8, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS September 1, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

American Medical Group Association Inc is led by Jerrold Penso MD MBA, President & CEO on every filing since 2020; 8 of 29 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jerrold Penso MD MBA

    President & CEO

    On filings since 2020

    39 hrs/week

    $662K (2020) → $769K (2024)

  • J. Stephen Jones MD

    Chair

    Treasurer → Chair-Elect, 2023

    Chair-Elect → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael A. Rossi Md Mba Facc

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Adnan R. Munkarah Md Cpe

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Daniel M. Duncanson Md Cpe

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Katherine Flynn Henry JD

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Keith Jones MD

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Luis Garcia Md Mba Facs Fasmbs

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elisabeth M. Stambaugh Md Mmm

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jacob J. Bast Mha Facmpe Fache

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Marijka Grey Md Mba Facp

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Scott Barlow MBA

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alka Atal-Barrio Md Faap Mmm

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Brain Harte Md Mhm

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Ed Curtis Cmpe

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Letesha Montgomery Rn Mha Fache

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Todd C. Smith MD

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Chester Speed

    Vice President Public Policy

    On filings since 2020

    40 hrs/week

    $412K (2020) → $467K (2024)

  • John Kennedy

    Employee

    On filings since 2020

    20 hrs/week

    $179K (2020) → $153K (2024)

  • Ryan O'Connor

    COO

    On filings since 2020

    40 hrs/week

    $358K (2020) → $401K (2024)

  • Sharon Grace

    Chief Mktg & Committee Officer

    On filings since 2020

    40 hrs/week

    $219K (2020) → $307K (2024)

  • William Baron

    Employee

    On filings since 2020

    40 hrs/week

    $165K (2020) → $223K (2024)

  • Elizabeth Ciemins

    Employee

    On filings since 2022

    40 hrs/week

    $306K (2022) → $344K (2024)

  • Carrie Hanlon

    CFO

    On filings since 2023

    40 hrs/week

    $217K (2023) → $269K (2024)

  • Aric Sharp Mha Cmpe Fache

    Immediate Past Chair

    Chair Elect → Chair, 2023

    Chair → Immediate Past Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Larry Tatum MD

    Chair Elect

    Secretary → Treasurer, 2023

    Treasurer → Chair Elect, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Jo Williamson

    Secretary

    Director → At Large Member, 2023

    At Large Member → Secretary, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Philip M. Oravetz MD MPH MBA

    At-Large Member

    Director → At-Large Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beth Averbeck Md Facp

    Treasurer

    Secretary → Treasurer, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (16)
  • Former: Clyde L. Morris (2020–2023) — Past CFO
  • Former: James Miller (2020–2023) — Employee
  • Former: Richard H. Bone MD (2020–2023) — Director
  • Former: Stephanie Copeland Md Mba Faap (2020–2023) — Director
  • Former: Theresa Manley Frei Rn Bsn MBA (2020–2023) — Director
  • Former: Tim Weir Mha Mba Fache (2020–2023) — Past Chair
  • Former: Beth Averbeck (2020–2022) — At Large Member
  • Former: Carol Elaine Brockmiller Cmpe (2020–2022) — Director
  • Former: Grace Terrell Md Mmmfacp (2020–2022) — Past Chair
  • Former: Kim Sherbrooke Mha Facmpe (2020–2022) — Director
  • Former: Richard S. Isaacs Md Facs (2020–2022) — Director
  • Former: Jill Powelson (2022) — Employee
  • Former: Christopher J. Sclafani Pemba (2020) — Director
  • Former: Karen Weiner Md Mmm Cpe (2020) — Director
  • Former: Mark Briesacher MD (2020) — Director
  • Former: Scott Hines MD (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Jerrold Penso MD MBA — President & CEO: $769KJerrold Penso MD MBAPresident & CEO$769KChester Speed — VP Public Policy: $467KChester SpeedVP Public Policy$467KRyan O'Connor — COO: $401KRyan O'ConnorCOO$401KElizabeth Ciemins — Employee: $344KElizabeth CieminsEmployee$344KSharon Grace — Chief MKTG & Comm Officer: $307KSharon GraceChief MKTG & Comm Officer$307KCarrie Hanlon — CFO: $269KCarrie HanlonCFO$269KWilliam Baron — Employee: $223KWilliam BaronEmployee$223KJohn Kennedy — Employee: $153KJohn KennedyEmployee$153K

The highest reported compensation on the 2024 filing was $769K, to Jerrold Penso MD MBA (President & CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about American Medical Group Association Inc

How much does American Medical Group Association Inc give each year?

American Medical Group Association Inc gave $150K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $150K across 1 grant.

How large is American Medical Group Association Inc?

American Medical Group Association Inc reported $21.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $16.3M.

Where does American Medical Group Association Inc operate?

American Medical Group Association Inc has awarded grants in Virginia.

What is American Medical Group Association Inc's EIN?

American Medical Group Association Inc's EIN (Employer Identification Number) is 54-0536002. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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