American Association Of Physicists In Medicine
- Assets
- $28.0m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 23-7057224
Organization Overview
American Association Of Physicists In Medicine is located in Alexandria, VA. The organization was established in 2009. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Association Of Physicists In Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Association Of Physicists In Medicine generated $11.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $11.4m during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Association Of Physicists In Medicine has awarded 45 individual grants totaling $1,269,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING MEDICINE THROUGH EXCELLENCE IN THE SCIENCE, EDUCATION AND PROFESSIONAL PRACTICE OF MEDICAL PHYSICS.
Describe the Organization's Program Activity:
COUNCIL AND COMMITTEE ACTIVITIES - THE COUNCIL AND COMMITTEE STRUCTURE HAS DIRECT OVERSIGHT OF ALL RESEARCH, EDUCATION AND PROFESSIONAL PROGRAM ACTIVITIES. A SCIENCE COUNCIL DIRECTS ALL RESEARCH FUNDING ACTIVITIES AND PRODUCES SCIENTIFIC AND TECHNICAL REPORTS DISCUSSING THE ONGOING RESEARCH IN MEDICAL PHYSICS. THE SCIENCE COUNCIL CONTRIBUTES TO THE PROGRAM OF THE ANNUAL MEETING. THE EDUCATION COUNCIL HAS RESPONSIBILITY FOR DEVELOPING AND MONITORING ALL CONTINUING EDUCATION PROGRAMS FOR THE ASSOCIATION. THE PROFESSIONAL COUNCIL MAINTAINS A FOCUS ON THE CLINICAL PRACTICE OF MEDICAL PHYSICS AND HELPS TO DEVELOP PRACTICE AND OTHER RECOMMENDED GUIDELINES FOR MEDICAL PHYSICISTS TO USE IN THEIR CLINICAL WORK. THE COUNCILS OVERSEE THE MAJOR AWARDS AND GRANTS GIVEN BY AAPM.
"EDUCATION AND PROFESSIONAL DEVELOPMENT A SCIENTIFIC MEETING IS HELD ANNUALLY TO ENABLE MEMBERS TO PRESENT THE RESULTS OF THEIR LATEST RESEARCH. IN 2022 THIS MEETING WAS HELD IN-PERSON AND VIRTUALLY. THERE WERE NEARLY 3100 PARTICIPANTS AND APPROXIMATELY 1300 PROFERRED SUBMISSIONS. THE PROGRAM ALSO DREW OVER 102 EXHIBITORS WHO PRESENTED THEIR LATEST PRODUCTS AND SERVICES TO PARTICIPANTS IN-PERSON AND VIRTUALLY. SESSIONS ARE SEGREGATED BY PROFESSIONAL INTEREST AND INCLUDE IMAGING PHYSICS, THERAPY PHYSICS AND PROFESSIONAL ISSUES AND PRACTICIES, IN ADDITION A SPRING CLINICAL MEETING IS HELD DEVOTED TO THE CLINICAL ISSUES FACING MEDICAL PHYSICISTS. A SINGLE-TOPIC SUMMER SCHOOL IS PRESENTED ANNUALLY , AND NUMBER OF OTHER SPECIAL TOPIC CONFERENCES ARE HELD THROUGHOUT THE YEAR. TO MEET THE EDUCATIONAL AND PROFESSIONAL DEVELOPMENT NEEDS OF OUR MEMBERS AN INCREASING NUMBER OF WEBINAR PROGRAMS WERE OFFERED THROUGHOUT THE YEAR AS WELL."
"PUBLICATIONS - AAPM PUBLISHES THE PREMIER SCIENTIFIC, PEER-REVIEWED JOURNAL IN THE FIELD. ENTITLED ""JOURNAL OF MEDICAL PHYSICS"", THE JOURNAL PUBLISHES THE RESULTS OF SCIENTIFIC RESEARCH IN THE FIELD. IN 2022 IT INCLUDED APPROXIMATELY 6,500 PAGES AND IS WIDELY DISTRIBUTED BOTH DOMESTICALLY AND INTERNATIONALLY. IT IS THE MOST HIGHLY REGARDED SCIENTIFIC PUBLICATION IN THE FIELD OF MEDICAL PHYSICS. LIKEWISE, IN 2012, THE AAPM BEGAN PUBLISHING 'THE JOURNAL OF APPLIED CLINICAL MEDICAL PHYSICS' DEALING EXCLUSIVELY WITH THE CLINICAL PRACTICE OF MEDICAL PHYSICS. THIS JOURNAL IS ALSO PEER REVIEWED AND IS OFFERED FREE OF CHARGE WORLDWIDE."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Besemer Board Member | Trustee | 1 | $0 |
Andrew Maidment Board Member | Trustee | 1 | $0 |
Ashley Cetnar Board Member | Trustee | 1 | $0 |
Ashley Tao Board Member | Trustee | 1 | $0 |
Brett M Miller Board Member | Trustee | 1 | $0 |
Christopher I Tien Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Terroa Nova Settlement Serivces Title Services | 12/30/15 | $968,165 |
Kalmia Construction Contruction Services | 12/30/15 | $752,584 |
Arent Fox Llp Legal Services | 12/30/15 | $196,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,319,217 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $345,896 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,665,113 |
| Total Program Service Revenue | $6,333,258 |
| Investment income | $353,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,283,585 |
| 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 | $11,773,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $323,500 |
| Grants and other assistance to domestic individuals. | $553,621 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,393,824 |
| Compensation of current officers, directors, key employees. | $146,928 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,184,815 |
| Pension plan accruals and contributions | $221,963 |
| Other employee benefits | $155,896 |
| Payroll taxes | $217,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,857 |
| Fees for services: Accounting | $62,898 |
| Fees for services: Lobbying | $64,167 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,649 |
| Fees for services: Other | $1,054,772 |
| Advertising and promotion | $13,755 |
| Office expenses | $461,554 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $317,607 |
| Travel | $574,350 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,481,947 |
| Interest | $94,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $294,700 |
| Insurance | $102,549 |
| All other expenses | $96,295 |
| Total functional expenses | $11,417,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,743 |
| Savings and temporary cash investments | $2,826,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $712,297 |
| 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 | $238,448 |
| Net Land, buildings, and equipment | $7,064,309 |
| Investments—publicly traded securities | $16,518,842 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $529,409 |
| Total assets | $28,007,389 |
| Accounts payable and accrued expenses | $1,856,712 |
| Grants payable | $0 |
| Deferred revenue | $1,995,732 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,090,335 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,607 |
| Total liabilities | $6,963,386 |
| Net assets without donor restrictions | $18,164,347 |
| Net assets with donor restrictions | $2,879,656 |
| 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 | $28,007,389 |
Grants Awarded
Over the last fiscal year, American Association Of Physicists In Medicine has awarded $323,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR RADIATION ONCOLOGY PURPOSE: SCHOLARSHIPS & AWARDS, SC | $12,500 |
UNIVERSITY OF NEBRASKA MEDICAL CENTER PURPOSE: AWARDS, GNAC | $6,000 |
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: SCHOLARSHIPS AND AWARDS, SEED FUND INITIATIVE | $60,000 |
UNIVERSITY OF PITTSBURGH PURPOSE: SCHOLARSHIPS AND AWARDS, SEED FUND INITIATIVE | $25,000 |
OREGON HEALTH & SCIENCE UNIVERSITY PURPOSE: SCHOLARSHIPS & AWARDS, CLINICAL RES IN IMAG MED PH | $35,000 |
UT MD ANDERSON CANCER CENTER PURPOSE: AWARDS, E&R FUNDED GRANTS & FELLOWSHIPS | $63,000 |