American Academy Of Family Physicians
- Assets
- $1.3m
- Revenue
- $2.3m
- Investments
- $135.7k
- Employees
- 14
- Location
- Trenton, NJ
- Founding
- 02/1950
- Data as of
- 12/2021
- EIN
- 22-6063156
Organization Overview
American Academy Of Family Physicians is located in Trenton, NJ. The organization was established in 1950. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, American Academy Of Family Physicians employed 14 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Academy Of Family Physicians is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, American Academy Of Family Physicians generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EXCELLENCE IN FAMILY MEDICINE TO BENEFIT THE CITIZENS OF THE STATE OF NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE - HOST AN ANNUAL CONFERENCE TO PROVIDE FAMILY PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS (PAS, NPS, RNS, LPNS), RESIDENTS, MEDICAL STUDENTS AND ADMINISTRATIVE SUPPORT STAFF WITH A COMPREHENSIVE DEEP DIVE INTO CURRENT DISEASE MANAGEMENT, DIAGNOSIS, AND TREATMENT OPTIONS FOCUSED ON PROVIDING TOOLS AND GUIDELINES FOR THE ENTIRE HEALTHCARE TEAM TO BOOST AND IMPROVE PATIENT OUTCOMES.
HEALTHCARE TRANSFORMATION - NJAFP SEEKS TO PROMOTE HEALTHCARE TRANSFORMATION, INCLUDING PRACTICE TRANSFORMATION AND QUALITY IMPROVEMENT, THROUGH RESEARCH AND EDUCATION, COACHING, PROGRAM SUPPORT, AND THE PROMOTION OF OTHER PATIENT CENTERED SERVICES AND IS A ACCREDITED PROVIDER OF CONTINUING MEDICAL EDUCATION BY THE ACCREDITATION COUNCIL FOR CONTINUING MEDIAL EDUCATION (ACCME).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond J Saputelli Executive Vice President | Officer | 40 | $130,000 |
Theresa J Barrett Vice President Of Education | Officer | 40 | $113,300 |
Sandra B Selzer Chief Operating Officer | Officer | 40 | $107,500 |
Maria F Ciminelli Board Chair | OfficerTrustee | 2 | $0 |
Kelly G Ussery-Kronhaus President-Elect | OfficerTrustee | 2 | $0 |
Michael A Cascarina President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $809,623 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $809,623 |
| Total Program Service Revenue | $736,123 |
| Investment income | $3,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,326,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $453,950 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,284 |
| Pension plan accruals and contributions | $13,642 |
| Other employee benefits | $126,651 |
| Payroll taxes | $75,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,100 |
| Fees for services: Lobbying | $66,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $222 |
| Fees for services: Other | $329,295 |
| Advertising and promotion | $14,852 |
| Office expenses | $15,746 |
| Information technology | $39,930 |
| Royalties | $0 |
| Occupancy | $71,491 |
| Travel | $10,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,659 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,174 |
| Insurance | $11,372 |
| All other expenses | $33,875 |
| Total functional expenses | $1,919,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $201,076 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,980 |
| Net Land, buildings, and equipment | $589,154 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $135,675 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,280,627 |
| Accounts payable and accrued expenses | $546,563 |
| Grants payable | $0 |
| Deferred revenue | $300,935 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $123,567 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $274,831 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,245,896 |
| Net assets without donor restrictions | $34,731 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,280,627 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Academy Of Family Physicians has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital & Healthsystem Association Of Pennsylvania Inc Harrisburg, PA | $39,402,736 | $15,435,491 |
New Jersey Hospital Association Princeton, NJ | $139,216,001 | $6,079,898 |
Pennsylvania Medical Society Mechanicsburg, PA | $213,365,446 | $23,943,781 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |
Pennsylvania Assoc Of Community Health Centers Wormleysburg, PA | $2,008,836 | $2,883,378 |
National Student Nurses Association Brooklyn, NY | $3,483,994 | $2,719,643 |
Oncology Nursing Society Pittsburgh, PA | $6,790,582 | $2,386,479 |
Nephrology Nursing Certification Pitman, NJ | $17,070,784 | $3,910,484 |