American College Of Cardiology
- Assets
- $23.2m
- Revenue
- $28.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington DC, DC
- Founding
- 07/2001
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, American College Of Cardiology generated $28.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $28.8m during the year ending 12/2023. While expenses have increased by 1.4% 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.
Since 2019, American College Of Cardiology has awarded 37 individual grants totaling $435,067. 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
2023
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 ENGAGEMENT - 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.
ANNUAL SCIENTIFIC SESSION - EXHIBITS SALES: AT THE AMERICAN COLLEGE OF CARDIOLOGY'S ANNUAL SCIENTIFIC MEETING, EXHIBIT SALES PROVIDE A CRUCIAL PLATFORM FOR THE DISSEMINATION OF THE LATEST ADVANCEMENTS IN CARDIOVASCULAR RESEARCH, TECHNOLOGY, AND PATIENT CARE. EXHIBITORS, INCLUDING LEADING MEDICAL DEVICE MANUFACTURERS, PHARMACEUTICAL COMPANIES, AND HEALTHCARE TECHNOLOGY FIRMS, SHOWCASE CUTTING-EDGE INNOVATIONS THAT ENHANCE CLINICAL PRACTICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 13.5 | $0 |
Name Not Listed Vice President | OfficerTrustee | 9.5 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 4.5 | $0 |
Name Not Listed Immediate Past President | OfficerTrustee | 8.5 | $0 |
Name Not Listed Secretary And Board Of Governors Chair-Elect | OfficerTrustee | 4 | $0 |
Name Not Listed Secretary And Board Of Governors Chair | OfficerTrustee | 6.5 | $103,873 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman Decorating Co Acc Quality Summit/ Annual Mtg | 12/30/23 | $588,148 |
New Orleans Ernest N Morial Convention Ctr Acc Quality Summit - Housing | 12/30/23 | $385,481 |
J Spargo & Associates Acc Quality Summit/ Annual Mtg | 12/30/23 | $442,968 |
Hyatt Regency Washington Hotel Accomodations | 12/30/23 | $379,017 |
Navistar Direct Marketing Llc Direct Marketing Mailing-membership Dues | 12/30/23 | $160,179 |
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 | $2,075,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,075,400 |
| Total Program Service Revenue | $24,986,844 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,711,300 |
| 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 | $28,847,463 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,812 |
| Grants and other assistance to domestic individuals. | $24,075 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,632,879 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $7,583,746 |
| Other salaries and wages | $425,200 |
| Pension plan accruals and contributions | $684,916 |
| Other employee benefits | $1,157,652 |
| Payroll taxes | $781,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,350 |
| Fees for services: Accounting | $73,216 |
| Fees for services: Lobbying | $1,890,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,987,160 |
| Advertising and promotion | $710,269 |
| Office expenses | $57,466 |
| Information technology | $579,461 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,480,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,493,871 |
| Interest | $0 |
| Payments to affiliates | $930,019 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $109,311 |
| All other expenses | $368,648 |
| Total functional expenses | $28,847,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,784,303 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $596,634 |
| Accounts receivable, net | $1,712,866 |
| 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 | $4,030,989 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $480,590 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,606,299 |
| Total assets | $23,211,681 |
| Accounts payable and accrued expenses | $718,159 |
| Grants payable | $0 |
| Deferred revenue | $22,493,522 |
| 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 | $23,211,681 |
| 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 | $23,211,681 |
Grants Awarded
Over the last fiscal year, American College Of Cardiology has awarded $119,312 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA CHAPTER OF THE ACC PURPOSE: Education Grant | $6,000 |
MASSACHUSETTS CHAPTER OF ACC PURPOSE: Education Grant | $15,250 |
PENNSYLVANIA CHAPTER OF THE ACC PURPOSE: Education Grant | $14,300 |
TEXAS CHAPTER OF THE ACC PURPOSE: Education Grant | $25,000 |
ARIZONA CHAPTER OF THE ACC PURPOSE: Education Grant | $20,000 |
RHODE ISLAND CHAPTER OF THE ACC PURPOSE: Education Grant | $7,762 |