American Osteopathic Association
- Assets
- $84.6m
- Revenue
- $32.9m
- Investments
- $0.0
- Employees
- 147
- Location
- Chicago, IL
- Founding
- 10/1959
- Data as of
- 05/2023
- EIN
- 36-2170786
Organization Overview
American Osteopathic Association is located in Chicago, IL. The organization was established in 1959. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 05/2023, American Osteopathic Association employed 147 individuals. This organization is the central organization for a national or regional group of organizations. American Osteopathic Association 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 05/2023, American Osteopathic Association generated $32.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $30.4m during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Osteopathic Association has awarded 89 individual grants totaling $4,821,282. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AOA'S MISSION IS TO ADVANCE THE DISTINCTIVE PHILOSOPHY AND PRACTICE OF OSTEOPATHIC MEDICINE.
Describe the Organization's Program Activity:
DEPARTMENT OF EDUCATION:THE FUNCTION OF THE AOA DEPARTMENT OF EDUCATION IS TO PROMOTE EXCELLENCE IN OSTEOPATHIC MEDICINE THROUGH EDUCATION. IN TAX YEAR 2023, THE AOA:DIVISION OF EDUCATIONAL RESOURCE SERVICES- MONITORED AND RECORDED THE PROGRESS OF TRAINEES IN 14 RESIDENCY TRAINING PROGRAMS.DIVISION OF POSTDOCTORAL TRAINING- MONITORED THE CONTINUING APPROVAL OF AOA ACCREDITED TRAINING PROGRAMS- APPROVED ACGME PGY1 TRAINING APPLICATIONS.
AOA AWARDED 1,635 NEW PRIMARY CERTIFICATIONS, 414 NEW SUBSPECIALTY CERTIFICATIONS AND 116 NEW CERTIFICATIONS OF ADDED QUALIFICATIONS (CAQ'S).DEPARTMENT OF GOVERNMENT RELATIONS:EXPENSES INCURRED WITH GATHERING AND DOCUMENTING INFORMATION FOR AOA ON A NATIONAL AND STATE LEVEL AND ACTING AS THE ORGANIZATION'S LIAISON IN WASHINGTON, D.C. ALL EXPENSES OF THE WASHINGTON, D.C. SATELLITE OFFICE ARE INCLUDED, AS WELL AS ALL EXPENSES REQUIRED TO REPRESENT THE 168,000 OSTEOPATHIC PHYSICIANS (DO'S) AND OSTEOPATHIC MEDICAL STUDENTS IN THE UNITED STATES.ELECTED OFFICIALS:EXPENSES RELATED TO THE BOARD OF TRUSTEES AND THE ANNUAL, MID-YEAR, AND INTERIM MEETINGS TO CONDUCT BUSINESS WHEN THE HOUSE OF DELEGATES IS NOT IN SESSION.
MEMBERSHIP SERVICES:THE DEPARTMENT OF MEMBERSHIP IS RESPONSIBLE FOR DEVELOPING AND EXECUTING INITIATIVES THAT PROVIDE SIGNIFICANT FINANCIAL AND VOLUNTEER RESOURCES TO SUPPORT THE AOA'S MISSION BY CONTINUOUSLY RETAINING AND RECRUITING MEMBERS. MEMBERSHIP PROJECTS BUILD AWARENESS OF OVERALL AOA PROGRAMS THAT ULTIMATELY LEAD TO IMPROVED QUALITY OF PATIENT CARE, WITH SERVICES SUCH AS BUT NOT LIMITED TO, THE TRACKING OF PHYSICIAN CME AND BOARD CERTIFICATION REQUIREMENTS, PRACTICE MANAGEMENT PROGRAMS FOR YOUNG PHYSICIANS, LEADERSHIP DEVELOPMENT OPPORTUNITIES, CLINICAL PRACTICE PROGRAMS AND GUIDES, SUPPORT FOR OSTEOPATHIC MEDICINE RESEARCH, AND INFORMATION FOR STUDENTS, INTERNS AND RESIDENTS.
PUBLICATIONS:THE AOA PUBLISHES 1 PEER-REVIEWED ACADEMIC MEDICAL JOURNAL: JOURNAL OF OSTEOPATHIC MEDICINE. THIS ONLINE-ONLY PUBLICATION WAS ESTABLISHED IN 1901 AND IS THE PREMIER SCHOLARLY, PEER-REVIEWED PUBLICATION OF THE OSTEOPATHIC MEDICAL PROFESSION. IT PROVIDES CONTINUING MEDICAL EDUCATION (CME) TO OSTEOPATHIC PHYSICIANS (DOS) AND OTHER ALLIED HEALTHCARE PRACTITIONERS, AND IT COMPLEMENTS THE EDUCATION OF OSTEOPATHIC MEDICAL STUDENTS. JOM NOW OFFERS ITS CONTENT IN AN OPEN ACCESS MODEL, SO ALL ARTICLES ARE FREELY AVAILABLE TO THE PUBLIC, AND MORE THAN 145,000 READERS RECEIVE THE ELECTRONIC TABLES OF CONTENTS FOR JOM. IN ADDITION, THE AOA PRODUCES AN ONLINE NEWS PUBLICATION, THE DO, THAT IS RECEIVED BY OVER 125,000 OSTEOPATHIC PHYSICIANS AND MEDICAL STUDENTS.
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 |
|---|---|---|---|
Joseph Giaimo DO President | OfficerTrustee | 37.5 | $226,077 |
Ernest R Gelb DO President-Elect | OfficerTrustee | 1 | $221,775 |
Thomas Ely DO Past President | OfficerTrustee | 37.5 | $2,400 |
Ronald Burns DO Past President - Until 07/2022 | OfficerTrustee | 37.5 | $1,800 |
Ira P Monka DO Trustee/president Elect | OfficerTrustee | 37.5 | $87,216 |
Chelsea A Nickolson DO Physician In Practice Member - Until 07/2022 | Trustee | 1 | $1,900 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sheraton Boston Hotel Hotel - Convention | 5/30/23 | $354,907 |
Levy Restaurants Hynes Convention Center | 5/30/23 | $192,253 |
American College Of Osteopathic Neurolog Convention Center | 5/30/23 | $104,888 |
Massachusetts Convention Center Authorit Convention Center | 5/30/23 | $172,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $572,105 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $999,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,571,430 |
| Total Program Service Revenue | $29,948,529 |
| Investment income | $1,387,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$859,799 |
| Net Gain/Loss on Asset Sales | $686,609 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,864,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,281 |
| 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. | $3,811,073 |
| Compensation of current officers, directors, key employees. | $1,708,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,846,900 |
| Pension plan accruals and contributions | $626,101 |
| Other employee benefits | $2,183,556 |
| Payroll taxes | $891,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $354,507 |
| Fees for services: Accounting | $62,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $277,588 |
| Fees for services: Other | $2,427,290 |
| Advertising and promotion | $0 |
| Office expenses | $171,601 |
| Information technology | $940,726 |
| Royalties | $0 |
| Occupancy | $515,692 |
| Travel | $2,482,148 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,719,765 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $192,210 |
| Insurance | $440,314 |
| All other expenses | $0 |
| Total functional expenses | $30,401,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,582,927 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,098,099 |
| 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 | $725,223 |
| Net Land, buildings, and equipment | $9,534,955 |
| Investments—publicly traded securities | $53,999,644 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $615,948 |
| Total assets | $84,556,796 |
| Accounts payable and accrued expenses | $3,488,197 |
| Grants payable | $0 |
| Deferred revenue | $13,402,561 |
| 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 | $224,994 |
| Total liabilities | $17,115,752 |
| Net assets without donor restrictions | $67,441,044 |
| 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 | $84,556,796 |
Grants Awarded
Over the last fiscal year, American Osteopathic Association has awarded $88,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN OSTEOPATHIC FOUNDATION PURPOSE: AOF WELCH SCHOLARS GRANT FUND; AOF/AOA PRESIDENTIAL MEMORIAL LEADERSHIP AWARD ENDOWMENT IMO FLOYD KENGEL D.O.; | $37,750 |
OKLAHOMA STATE UNIVERSITY (MEDICAL CENTER TRUST) PURPOSE: OKLAHOMA STATE UNIVERSITY RESIDENCY SPONSORSHIP PROGRAM (PEDIACTRICS) | $50,250 |