American College Of Pain Medicine
- Assets
- $1.1m
- Revenue
- $418.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 36-3846839
Organization Overview
American College Of Pain Medicine is located in Arlington Heights, IL. The organization was established in 1993. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of Pain Medicine 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 12/2022, American College Of Pain Medicine generated $418.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $372.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE QUALITY AND AVAILABILITY OF PAIN MEDICINE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CERTIFICATION EXAM: TO EVALUATE QUALIFIED CANDIDATES WHO VOLUNTARILY APPEAR FOR THE EXAMINATION AND TO CERTIFY AS DIPLOMATES IN PAIN MEDICINE.
RECERTIFICATION EXAM: TO EVALUATE QUALIFIED CANDIDATES WHO VOLUNTARILY APPEAR FOR THE EXAMINATION AND TO RECERTIFY AS DIPLOMATES IN PAIN MEDICINE.
PAIN MEDICINE SPECIALTY OUTREACH: TO PROVIDE INFORMATION AND RATIONALE TO THE PUBLIC AND CONCERNED ENTITIES ABOUT OBTAINIG RECOGNITION FOR PAIN MEDICINE AS A SPECIALTY. MAINTAIN A REGISTRY FOR PUBLIC INFORMATION ABOUT THE CERTIFICATION STATUS OF PHYSICIANS WHO ARE CERTIFIED IN PAIN MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Finn MD President | OfficerTrustee | 2 | $0 |
Thomas Haley DO President-Elect | OfficerTrustee | 1 | $0 |
Scott J Davidoff MD Past President | OfficerTrustee | 1 | $0 |
Norman Marcus MD Secretary/treasurer | OfficerTrustee | 1 | $0 |
Bradford Bobrin MD Director | Trustee | 1 | $0 |
J David Haddox DDS MD Director | Trustee | 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 | $124,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,730 |
| Total Program Service Revenue | $272,840 |
| Investment income | $20,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $418,189 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $221,360 |
| Fees for services: Legal | $7,217 |
| Fees for services: Accounting | $10,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,133 |
| Advertising and promotion | $0 |
| Office expenses | $314 |
| Information technology | $4,304 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,845 |
| All other expenses | $4,052 |
| Total functional expenses | $372,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $26,214 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $694,387 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,084,700 |
| Accounts payable and accrued expenses | $10,058 |
| Grants payable | $0 |
| Deferred revenue | $302,630 |
| 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 | $312,688 |
| Net assets without donor restrictions | $772,012 |
| 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 | $1,084,700 |