American College Of Cardiology
- Assets
- $26.2m
- Revenue
- $22.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington DC, DC
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 31-1781555
Organization Overview
American College Of Cardiology is located in Washington DC, DC. The organization was established in 2001. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, American College Of Cardiology employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of Cardiology 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 12/2021, American College Of Cardiology generated $22.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $22.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, American College Of Cardiology has awarded 20 individual grants totaling $215,525. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM CARDIOVASCULAR CARE AND IMPROVE HEART HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - MEMBERSHIP BENEFITS INCLUDE SUBSCRIPTIONS TO MEMBER PUBLICATIONS (JOURNAL OF AMERICAN COLLEGE OF CARDIOLOGY), FREE ON-LINE ACCESS TO CARDIOSOURCE, LIVE EDUCATIONAL PROGRAMS AND DIGITAL EDUCATIONAL PRODUCTS, ACCESS TO CAREER DEVELOPMENT SERVICES AND OPPORTUNITIES INCLUDING JOB BOARDS, MENTORING, RESEARCH AWARDS AND TRAINING.
ADVOCACY - THE COLLEGE CONTINUALLY ADVOCATES FOR QUALITY CARDIOVASCULAR CARE AND SEEKS TO INFLUENCE HEALTH CARE POLICY FOR ITS MEMBERS AND THEIR PATIENTS.
BOG/MEMBER LEADERSHIP/CHAPTER RELATIONS - THE BOARD OF GOVERNORS AND CHAPTERS DEPARTMENT OF THE ACC IS RESPONSIBLE FOR ENHANCING THE ACC VOLUNTEER EXPERIENCE THROUGH THE BOARD OF GOVERNORS AND CHAPTERS LEADERSHIP EXPERIENCE. ACC'S LEADERSHIP DEVELOPMENT PROGRAMMING IMPROVES THE EFFECTIVENESS OF CV PROFESSIONALS AND CREATES A PIPELINE OF LEADERS BY ENHANCING THE CAPABILITIES OF OUR MEMBERS DIVERSE IN THOUGHT, EXPERIENCE AND CAREER-STAGE, TO CONTRIBUTE TO ACC ACTIVITIES AND THE WORKFORCE AT ALL LEVELS OF PATIENT CARE AND CV LEADERSHIP ACROSS THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ovation Inc Acc 2021 Platform Development And Implementation | 12/30/21 | $205,555 |
J Spargo & Associates Acc.21 Expo | 12/30/21 | $204,126 |
Stan Source Inc Staff Services | 12/30/21 | $132,440 |
Rr Donnelley Production Services | 12/30/21 | $131,609 |
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 | $1,081,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,081,021 |
| Total Program Service Revenue | $20,317,767 |
| Investment income | $3,987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,218,142 |
| 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 | $22,719,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,580 |
| 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. | $1,235,638 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $6,983,197 |
| Other salaries and wages | $424,737 |
| Pension plan accruals and contributions | $879,501 |
| Other employee benefits | $976,050 |
| Payroll taxes | $676,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,845 |
| Fees for services: Accounting | $45,171 |
| Fees for services: Lobbying | $2,050,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89 |
| Fees for services: Other | $1,124,588 |
| Advertising and promotion | $508,464 |
| Office expenses | $45,838 |
| Information technology | $365,188 |
| Royalties | $0 |
| Occupancy | $14,910 |
| Travel | $113,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $380,770 |
| Interest | $23,056 |
| Payments to affiliates | $1,458,420 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $56,222 |
| All other expenses | $2,473,938 |
| Total functional expenses | $22,553,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,602,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,227,138 |
| 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 | $3,968,808 |
| Net Land, buildings, and equipment | $5,345 |
| Investments—publicly traded securities | $480,590 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,899,233 |
| Total assets | $26,183,566 |
| Accounts payable and accrued expenses | $1,266,566 |
| Grants payable | $0 |
| Deferred revenue | $24,917,000 |
| 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 | $26,183,566 |
| Net assets without donor restrictions | $0 |
| 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 | $26,183,566 |
Grants Awarded
Over the last fiscal year, American College Of Cardiology has awarded $18,600 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KENTUCKY CHAPTER OF THE ACC | | | $7,000 |
PENNSYLVANIA CHAPTER OF THE ACC | | | $6,600 |
AMERICARES | | | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American College Of Cardiology has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
George F & Ann Harris Bellows Foundation Houston, TX PURPOSE: TO FUND CHARITABLE ACTIVITIES | $50,000 |
Bhatia Family Foundation Ann Arbor, MI PURPOSE: EDUCATOIN-HEALTH CARE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Health Care Association And Subsidiary Washington, DC | $42,939,988 | $48,686,518 |
American Physical Therapy Association Alexandria, VA | $61,402,503 | $48,378,744 |
American College Of Obstetricians And Gynecologists Washington, DC | $106,112,762 | $64,499,818 |
American Pharmacists Association Washington, DC | $163,886,868 | $44,521,432 |
American Nurses Association Inc Silver Spring, MD | $72,047,526 | $33,274,226 |
National Association Of Childrens Hospital And Related Institutions Washington, DC | $129,313,033 | $43,392,577 |
American Society Of Nephrology Inc Washington, DC | $85,761,942 | $25,981,219 |
American Academy Of Physician Assistants Inc Alexandria, VA | $37,287,618 | $27,625,692 |
American College Of Cardiology Washington DC, DC | $26,183,566 | $22,719,539 |
Inteleos Inc Rockville, MD | $32,845,295 | $22,272,496 |
Healthcare Distribution Alliance Hda Arlington, VA | $15,589,595 | $23,673,088 |
Drug Information Association Inc Washington, DC | $19,738,468 | $18,905,794 |