Association Of Chinese American Physicians Usa Inc is located in Flushing, NY. The organization was established in 2009. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 10/2023, Association Of Chinese American Physicians USA Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Chinese American Physicians USA Inc 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 10/2023, Association Of Chinese American Physicians USA Inc generated $303.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $307.7k during the year ending 10/2023. While expenses have increased by 7.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER PROGRAMS THAT ENABLE PHYSICIANS TO FORM A PROFESSIONAL COMMUNITY IN THE PRACTICE OF MEDICINE, PROVIDE OPPORTUNITIES FOR PHYSICIANS TO PARTICIPATE IN THE GOVERNANCE AND DECISION-MAKING OF HEALTH CARE POLICIES THAT AFFECT THE COMMUNITIES THAT THEY SERVE, PROMOTE AND DEVELOP A COOPERATIVE WORKING RELATIONSHIP AMONG PHYSICIANS, AND PROVIDE OPPORTUNITIES FOR PHYSICIAN EDUCATION AND PROFESSIONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACAP HOSTS ANNUAL SCIENTIFIC CONVENTION. EACH YEAR OUR CONVENTION FEATURES AN OUTSTANDING CME PROGRAM INCLUDING UPDATES AND INNOVATIONS IN MEDICINE.ANNUAL GALA AND HOLIDAY CELEBRATIONS ARE JOYFUL SOCIAL GATHERING FOR OUR MEMBERS, FAMILIES, COLLEAGUES, AND FRIENDS. SPECIAL GUESTS AND OUTSTANDING HEALTHCARE PROFESSIONALS ARE HONORED AND AWARDED FOR THEIR PROFESSIONAL ACHIEVEMENT AND PARTICIPATION IN COMMUNITY SERVICES.ANNUAL SUMMER AND WINTER CME TRIP PROVIDE OUR MEMBERS AND THEIR FAMILIES OPPORTUNITIES TO RELAX AND ENJOY THE LIFE OUTSIDE THEIR MEDICAL PRACTICE.ANNUAL PRACTICE MANAGEMENT MEETING WITH FOCUS ON CLINICAL OUTCOMES, MEDICAL JURISPRUDENCE, OFFICE CODING AND BILLING, ACCOUNTING BASICS, MARKETING AND ELECTRONIC HEALTH RECORDS. TO FOSTER THE LOVE OF SCIENCE AND BIOMEDICINE IN THE YOUNGER GENERATIONS, ACAP HAD ESTABLISHED AN ANNUAL SCIENCE FAIR FOR HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS TO SHOWCASE THEIR RESEARCH PROJECTS. MANY OF OUR FINALISTS AND SEMI-FINALISTS ARE ACCEPTED INTO TOP UNIVERSITIES AND/OR RECEIVE AWARDS FROM OTHER NATIONALLY RECOGNIZED SCIENCE COMPETITIONS.COMMUNITY HEALTH FAIR FEATURING FREE HEALTH EDUCATION TALKS, ONE ON ONE PHYSICIAN CONSULTATION AND HEALTH SCREENING PROVIDED BY MANY LOCAL HOSPITALS IS HELD ANNUALLY FOR OVER 10 YEARS IN FLUSHING CHINESE COMMUNITY.TO HELP IMPROVING HEALTHCARE AWARENESS IN CHINESE COMMUNITY, ACAP LAUNCHED COMMUNITY HEALTH EDUCATION PARTNERSHIP (CHEP) IN 2014 TO HOST MONTHLY EDUCATIONAL TALKS AT LOCAL LIBRARY AND SENIOR CENTERS.ARRANGEMENT OF MOCK INTERVIEWS FOR THE CHINESE MEDICAL GRADUATES WHO HAVE COMPLETED USMLE EXAM AND APPLYING FOR RESIDENCY TRAINING. THIS PROGRAM HAS BEEN VERY SUCCESSFUL TO HELP THE CANDIDATE TO PREPARE FOR THEIR RESIDENCY INTERVIEW.ESTABLISHMENT OF OBSERVERSHIP PROGRAM IN BOTH INPATIENT AND OUTPATIENT SETTINGS FOR CHINESE MEDICAL GRADUATES TO GAIN US CLINICAL EXPERIENCE AND GET FAMILIAR WITH US HEALTH CARE SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jin Li President | OfficerTrustee | 5 | $0 |
Ziqiang Zhu Vice President | OfficerTrustee | 5 | $0 |
Yingxian Liu Vice President | OfficerTrustee | 5 | $0 |
Yulin Wang Secretary | OfficerTrustee | 5 | $0 |
Ruliang Xu Board Member | Trustee | 1 | $0 |
Fang Ming Deng Treasurer | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $54,704 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $241,757 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $296,461 |
Total Program Service Revenue | $5,187 |
Investment income | $1,738 |
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 | $303,748 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,410 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $111,017 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $39,487 |
Advertising and promotion | $6,809 |
Office expenses | $8,181 |
Information technology | $3,417 |
Royalties | $0 |
Occupancy | $11,400 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $61,870 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $934 |
Insurance | $6,222 |
All other expenses | $0 |
Total functional expenses | $307,715 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $449,643 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $11,150 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $10,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,869 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,850 |
Total assets | $475,512 |
Accounts payable and accrued expenses | $15,654 |
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 | $0 |
Total liabilities | $15,654 |
Net assets without donor restrictions | $459,858 |
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 | $475,512 |