Association For Molecular Pathology Inc
- Assets
- $14.8m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 22
- Location
- Rockville, MD
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 31-1671642
Organization Overview
Association For Molecular Pathology Inc is located in Rockville, MD. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Association For Molecular Pathology Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Molecular Pathology 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 12/2022, Association For Molecular Pathology Inc generated $8.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 6.9% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION FOR MOLECULAR PATHOLOGY IS A NOT-FOR-PROFIT SCIENTIFIC SOCIETY THAT ADVANCES THE CLINICAL PRACTICE, SCIENCE, AND EXCELLENCE OF MOLECULAR AND GENOMIC LABORATORY MEDICINE THROUGH EDUCATION, INNOVATION, AND ADVOCACY TO ENABLE HIGHEST QUALITY HEALTH CARE.
Describe the Organization's Program Activity:
EDUCATION - SEE SCHEDULE O FOR COMPLETE DESCRIPTION
ADVOCACYTHE AMP ADVOCACY PROGRAM ENDEAVORS TO INFORM AND INFLUENCE PUBLIC POLICY AFFECTING MOLECULAR PATHOLOGY. AMP REPRESENTS ITS MEMBERSHIP TO THE FEDERAL AGENCIES AND MEMBERS OF CONGRESS REGARDING PROFESSIONAL AND REIMBURSEMENT ISSUES - REACHING OUT TO FELLOW PROFESSIONAL ASSOCIATIONS, INDUSTRY AND OTHER ASSOCIATION PARTNERS TO ACCOMPLISH COMMON GOALS.
COMMUNICATION & OUTREACH: MEMBERSHIP SERVICES - WEBSITE, NEWSLETTERS, ETC.PROMOTE GENERAL EFFECTIVENESS AND PROVIDE A FORUM FOR DISCUSSION AND A MEANS OF EXCHANGING INFORMATION.
INNOVATION & IMPROVED PATIENT CARE - SEE SCHEDULE O FOR COMPLETE DESCRIPTIONTHE JOURNAL OF MOLECULAR DIAGNOSTICSTHIS IS THE OFFICIAL JOURNAL OF AMP. MONTHLY PUBLICATION BEGAN IN JANUARY 2020. THESE ISSUES HAVE ORIGINAL, HIGH-QUALITY MANUSCRIPTS ON SCIENTIFIC ADVANCES IN THE TRANSLATION AND VALIDATION OF MOLECULAR DISCOVERIES IN MEDICINE INTO THE CLINICAL DIAGNOSTIC SETTING, AND THE DESCRIPTION AND APPLICATION OF TECHNOLOGICAL ADVANCES IN THE FIELD OF MOLECULAR DIAGNOSTIC MEDICINE.EVERY PUBLISHED MANUSCRIPT IS SCIENTIFICALLY PEER REVIEWED.JMD IS JOINTLY OWNED WITH THE AMERICAN SOCIETY FOR INVESTIGATIVE PATHOLOGY (ASIP) 94-6079945. STARTING IN 2011, ELSEVIER BEGAN PUBLISHING JMD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel E Sabath MD PHD President | OfficerTrustee | 2 | $0 |
Antonia R Sepulveda MD PHD Past President & Nominating Committee Chair | OfficerTrustee | 2 | $0 |
Laura J Tafe MD President-Elect; Awards & Strategic Opportunities | OfficerTrustee | 2 | $0 |
Alexis B Carter MD Secretary-Treasurer | OfficerTrustee | 2 | $0 |
Shelby Melton MD Membership Affairs Committ | Trustee | 2 | $0 |
Eric Konnick MD Ms Professional Relations Com | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aventura Catering Food & Beverage | 12/30/22 | $353,061 |
Projection Presentation Technology Audio/visual Services | 12/30/22 | $288,065 |
Innovation Policy Solutions Llc Government Relations | 12/30/22 | $193,056 |
Phoenix Convention Center Convention Center Rental | 12/30/22 | $152,345 |
Cavarocchi Ruscio Dennis Assoc Llc Government Relations | 12/30/22 | $108,913 |
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 | $2,271,272 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,271,272 |
| Total Program Service Revenue | $4,379,508 |
| Investment income | $202,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,044,791 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,898,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $56,863 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $367,943 |
| Compensation of current officers, directors, key employees. | $367,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,790,841 |
| Pension plan accruals and contributions | $169,948 |
| Other employee benefits | $186,453 |
| Payroll taxes | $148,520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,761 |
| Fees for services: Accounting | $62,765 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,815 |
| Fees for services: Other | $705,033 |
| Advertising and promotion | $28,112 |
| Office expenses | $295,776 |
| Information technology | $44,250 |
| Royalties | $0 |
| Occupancy | $266,755 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,244,811 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,333 |
| Insurance | $13,812 |
| All other expenses | $0 |
| Total functional expenses | $5,788,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,091,386 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $146,597 |
| 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 | $213,909 |
| Net Land, buildings, and equipment | $403,399 |
| Investments—publicly traded securities | $10,502,337 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,430,178 |
| Other assets | $19,565 |
| Total assets | $14,807,371 |
| Accounts payable and accrued expenses | $212,330 |
| Grants payable | $0 |
| Deferred revenue | $599,397 |
| 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 | $1,712,301 |
| Total liabilities | $2,524,028 |
| Net assets without donor restrictions | $12,283,343 |
| 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 | $14,807,371 |