American Acadeny Of Pain Medicine
- Assets
- $2.3m
- Revenue
- $778.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Ellicott City, MD
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 36-3874208
Organization Overview
American Acadeny Of Pain Medicine is located in Ellicott City, MD. The organization was established in 1994. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Acadeny 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 12/2021, American Acadeny Of Pain Medicine generated $778.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $995.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPTIMIZE THE HEALTH OF PATIENTS AND ELIMINATE THE MAJOR PUBLIC HEALTH PROBLEM OF PAIN BY ADVANCING THE PRACTICE AND THE SPECIALTY OF PAIN MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGS - PAIN PHYSICIANS AND HEALTH PROFESSIONALS RECEIVE CONTINUING MEDICAL EDUCATION IN THE SPECIALTY OF PAIN MEDICINE.
JOURNAL & NEWSLETTER - PAIN MEDICINE IS THE OFFICIAL JOURNAL OF THE ACADEMY. THIS PUBLICATION IS DEVOTED TO THE ADVANCEMENT OF PAIN MANAGEMENT, EDUCATION AND RESEARCH. THE BIWEEKLY E-NEWSLETTER PROVIDES THE MOST CURRENT INFORMATION ON PAIN MEDICINE, ADVOCACY RELATED TO PAIN AS A SPECIALTY, CLINICAL TRIALS, MEMBERS IN THE NEWS AND AAPM UPDATES. EVERY MEMBERSHIP INCLUDES A JOURNAL AND E-NEWSLETTER SUBSCRIPTION.
MEMBERSHIP - ALLOWS ACCESS TO A PROFESSIONAL COMMUNITY OF PHYSICIANS AND HEALTH PROFESSIONALS WITH A SUSTAINED INTEREST IN PAIN DISORDERS AND PAIN MANAGEMENT. MEMBERS REPRESENT A VARIETY OF ORIGINS, INCLUDING ANESTHESIOLOGY, INTERNAL MEDICINE, NEUROLOGY, NEUROSURGERY, ORTHOPEDIC SURGERY, PHYSIATRY, AND PSYCHIATRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Boyte Executive Director | Officer | 50 | $148,800 |
Robert W Hurley MD PHD Editor | Trustee | 1.5 | $75,000 |
Steven Stanos DO Secretary | OfficerTrustee | 1.5 | $0 |
W Michael Hooten MD President | OfficerTrustee | 5 | $0 |
Farshad M Ahadian MD Treasurer | OfficerTrustee | 1.5 | $0 |
Kayode Williams MD MBA Ffarcsi President-Elect | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Management Center See Sch. O | 12/30/20 | $1,455,682 |
Oxford University Press Publications | 12/30/20 | $149,906 |
Rollin M Gallagher Md Mph Oversight-jrnl | 12/30/20 | $145,400 |
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 | $1,811 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,811 |
| Total Program Service Revenue | $729,056 |
| Investment income | $20,671 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,841 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $778,388 |
| 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. | $148,800 |
| 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 | $75,100 |
| Fees for services: Legal | $46,583 |
| Fees for services: Accounting | $24,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,652 |
| Fees for services: Other | $130,851 |
| Advertising and promotion | $36,500 |
| Office expenses | $1,992 |
| Information technology | $525 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $223,834 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $583 |
| Insurance | $15,365 |
| All other expenses | $502 |
| Total functional expenses | $995,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $490,953 |
| Savings and temporary cash investments | $100 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,400 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $78,470 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $496,660 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,220,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,294,428 |
| Accounts payable and accrued expenses | $82,180 |
| Grants payable | $0 |
| Deferred revenue | $554,284 |
| 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 | $636,464 |
| Net assets without donor restrictions | $1,657,964 |
| 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 | $2,294,428 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Acadeny Of Pain Medicine has recieved totaling $12,200.
| Awarding Organization | Amount |
|---|---|
American Academy Of Addiction Psychiatry East Providence, RI PURPOSE: DEVELOP EDUCATIONAL RESOURCES AND TRAINING | $12,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langhorne Physican Services Inc Langhorne, PA | $71,078,768 | $62,697,896 |
Association Of Public Health Laboratories Inc Silver Spring, MD | $22,041,513 | $89,928,640 |
American College Of Physicians Inc Philadelphia, PA | $166,251,470 | $66,810,188 |
American Society Of Health-System Pharmacists Bethesda, MD | $168,219,201 | $51,203,280 |
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 |
Oncology Nursing Society Pittsburgh, PA | $48,820,451 | $29,142,020 |
American Society Of Nephrology Inc Washington, DC | $85,761,942 | $25,981,219 |