American College Of Physicians is located in Avon, CT. The organization was established in 1977. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American College Of Physicians 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 06/2022, American College Of Physicians generated $92.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $59.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEETINGS AND ACTIVITIES OFFERING MEMBER PHYSICIANS, STUDENTS, AND THOSE IN RESIDENCY WITH CONTINUING MEDICAL EDUCATION AND PROFESSIONAL DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Weissberger Governor | 2 | $0 | |
Steve Angus Treasurer | 2 | $0 | |
Ben Cherry Director | 1 | $0 | |
Rosemarie Fisher Director | 1 | $0 | |
Inginia Genao Director | 1 | $0 | |
Angie Kang Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
Total Program Service Revenue | $4,750 |
Membership dues | $71,326 |
Investment income | $6,229 |
Gain or Loss | $5,107 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $92,412 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $53,834 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,154 |
Total expenses | $58,988 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $400,487 |
Other assets | $0 |
Total assets | $400,487 |
Total liabilities | $0 |
Net assets or fund balances | $400,487 |