American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal
- Assets
- $8.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Philadelphia, PA
- Founding
- 04/1980
- Data as of
- 12/2023
- EIN
- 23-7171573
Organization Overview
American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal is located in Philadelphia, PA. The organization was established in 1980. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal 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 12/2023, American Board Of Allergy & Immun A Cons Board Of Am Bd Int Med Etal generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL SPECIALTY ACCREDITATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ESTABLISHES AND MAINTAINS STANDARDS OF TRAINING, EDUCATION, AND QUALIFICATIONS OF PHYSICIANS PRACTICING IN THE SPECIALTY OF ALLERGY AND IMMUNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Nelson President | OfficerTrustee | 30 | $167,935 |
Chelsey Williams Director Ope | Officer | 40 | $127,286 |
Michael R Lester MD Chair | OfficerTrustee | 2 | $4,000 |
Jay Lieberman MD Vice-Chair | OfficerTrustee | 2 | $2,000 |
Julie Wang MD Vice-Chair E | Trustee | 2 | $2,000 |
Anil Nanda MD Secretary | OfficerTrustee | 2 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,266,356 |
| Investment income | $209,838 |
| 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 | $2,476,194 |
| 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. | $327,242 |
| Compensation of current officers, directors, key employees. | $51,679 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,075 |
| Pension plan accruals and contributions | $63,054 |
| Other employee benefits | $136,532 |
| Payroll taxes | $64,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,542 |
| Fees for services: Accounting | $12,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,000 |
| Fees for services: Other | $161,478 |
| Advertising and promotion | $0 |
| Office expenses | $185,832 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,170 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $251,536 |
| Interest | $19 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,034 |
| Insurance | $38,247 |
| All other expenses | $0 |
| Total functional expenses | $2,249,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,181,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $59,409 |
| Net Land, buildings, and equipment | $67,342 |
| Investments—publicly traded securities | $6,224,033 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $446,284 |
| Total assets | $7,978,586 |
| Accounts payable and accrued expenses | $228,757 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $506,248 |
| Total liabilities | $735,005 |
| Net assets without donor restrictions | $7,243,581 |
| 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 | $7,978,586 |