American Medical Group Association Inc
Amga, inc. Improves healthcare for patients by supporting multispecialty medical groups and other organized systems of care.
American Medical Group Association Inc at a glance
In short: American Medical Group Association Inc gave $150K across 1 grant in 2024 (avg $150K), mostly in Virginia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $150,000
- +0.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $150,000
- +0.0% vs 2023
- Median grant
- $150,000
- Total assets
- $21,175,075
- +4.0% vs 2023
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to American Medical Group Association Inc
Open Grants
2 open opportunities from American Medical Group Association Inc
Who American Medical Group Association Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Amga Foundation Inc ($150K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How American Medical Group Association Inc gives
- Giving fell 57% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $150K (2022) to $416K (2020). In 2024 it made 1 grant totaling $150K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Amga Foundation Inc Alexandria, VA | To Support the Foundation. | $150,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $21,175,075 | $16,334,741 | $16,403,019 | $150,000 | 1 | $270,844 |
| 2023 | $20,357,430 | $16,726,333 | $16,859,615 | $150,000 | 1 | $229,065 |
| 2022 | $20,331,868 | $13,526,423 | $14,588,908 | $150,000 | 1 | $-2,616,383 |
| 2021 | $19,689,445 | $10,462,815 | $9,339,705 | $350,000 | 1 | $170,926 |
| 2020 | $18,067,587 | $8,765,135 | $9,186,984 | $415,500 | 1 | $38,800 |
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 1, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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American Medical Group Association Inc down — hundreds of funders to go?