American Academy Of Family Physicians
- Assets
- $1.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Bolingbrook, IL
- Founding
- 02/1950
- Data as of
- 09/2021
- EIN
- 36-2150319
Organization Overview
American Academy Of Family Physicians is located in Bolingbrook, IL. The organization was established in 1950. 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 09/2021, American Academy Of Family Physicians employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Academy Of Family Physicians 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 09/2021, American Academy Of Family Physicians generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.8m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EXCELLENCE IN THE HEALTH AND WELL-BEING OF PEOPLE OF ILLINOIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION-PUBLICATION OF EDUCATIONAL MATERIALS AND SEMINARS RELATED TO FAMILY PRACTICE FOR FAMILY PHYSICIANS.
GOVERNMENT RELATIONS-MONITORING AND REVIEWING HEALTH CARE LEGISLATION,RULES AND REGULATIONS IN STATE GOVERNMENT; DEVELOPING ADVOCACY POSITIONS ON ISSUES AND LOBBYING STATE OFFICIALS ON THOSE ISSUES; AND EXHIBITING AT OTHER ORGANIZATIONS MEETINGS TO PROVIDE THEM WITH ILLINOIS ACADEMY OF FAMILY PHYSICIANS VIEWPOINTS.
EDUCATION-VARIOUS COURSES OFFERED THROUGHOUT THE YEAR WHICH PROVIDE EDUCATIONAL GUIDELINES FOR FAMILY PHYSICIANS AND PRACTICES ADMINISTRATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Keenan Former CEO | Trustee | 40 | $192,655 |
Jennifer O'leary Co-Ceo CFO | Officer | 40 | $164,472 |
Gordana Krkic Co-Ceo | Officer | 40 | $159,017 |
Virginia Flynn Vice President Of Communic | 40 | $102,218 | |
Michael Hanak Board Chair | OfficerTrustee | 1 | $0 |
Tabatha Wells President | OfficerTrustee | 1 | $0 |
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 | $288,883 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,883 |
| Total Program Service Revenue | $1,879,014 |
| Investment income | $14,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $207,232 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,396,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $403,840 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,299 |
| Pension plan accruals and contributions | $2,453 |
| Other employee benefits | $26,132 |
| Payroll taxes | $56,574 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,369 |
| Fees for services: Accounting | $52,001 |
| Fees for services: Lobbying | $19,088 |
| Fees for services: Fundraising | $110,426 |
| Fees for services: Investment Management | $18,145 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,039 |
| Office expenses | $17,587 |
| Information technology | $11,424 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,709 |
| Interest | $3,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,764 |
| All other expenses | $3,379 |
| Total functional expenses | $1,762,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,678 |
| Savings and temporary cash investments | $21,830 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,250 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $967,867 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,311 |
| Total assets | $1,541,936 |
| Accounts payable and accrued expenses | $223,840 |
| Grants payable | $0 |
| Deferred revenue | $245,582 |
| 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 | $95,824 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,277 |
| Total liabilities | $584,523 |
| Net assets without donor restrictions | $957,413 |
| 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 | $1,541,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Academy Of Family Physicians has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
American Academy Of Family Physicians Foundation Leawood, KS PURPOSE: FMPC Grants,HoV4T | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Primary Health Care Association Springfield, IL | $11,577,545 | $20,459,063 |
Accreditation Association For Ambulatory Health Care Inc Skokie, IL | $34,944,866 | $26,328,831 |
American Board Of Medical Specialties Chicago, IL | $33,424,313 | $22,297,576 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |
Indiana Hospital Association Inc Indianapolis, IN | $14,217,273 | $13,385,165 |
The Saturday Evening Post Society Inc Indianapolis, IN | $49,329,518 | $11,274,580 |
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
American Academy Of Physical Medicine And Rehabilitation Rosemont, IL | $24,985,225 | $10,237,461 |
American Organization For Nursing Leadership Chicago, IL | $20,744,562 | $7,460,958 |
Iowa Healthcare Collaborative Des Moines, IA | $12,881,277 | $5,601,701 |
Board Of Certification For Emergency Nursing Oak Brook, IL | $14,934,746 | $6,150,002 |
American Orthopaedic Foot & Ankle Society Rosemont, IL | $3,436,824 | $6,305,161 |