American Acadeny Of Pain Medicine
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Columbia, MD
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 36-3874208
Organization Overview
American Acadeny Of Pain Medicine is located in Columbia, 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 12/2022, American Acadeny Of Pain Medicine generated $1.3m 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 (13.3%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) 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
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 |
|---|---|---|---|
Eduardo Fraifeld MD Board Liaison | Trustee | 1.5 | $0 |
Steven P Cohen MD Director-At-Large | Trustee | 1.5 | $0 |
Halena Gazelka MD Director-At-Large | Trustee | 1.5 | $0 |
James C Watson MD Director-At-Large | Trustee | 1.5 | $0 |
Beth Darnall PHD Director-At-Large | Trustee | 1.5 | $0 |
Robert W Hurley MD PHD Editor In Chief | Trustee | 1.5 | $100,000 |
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 | $2,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,050 |
| Total Program Service Revenue | $1,272,399 |
| Investment income | $23,854 |
| 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 | $1,312,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,000 |
| 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. | $267,340 |
| 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 | $190,364 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,721 |
| Fees for services: Other | $419,467 |
| Advertising and promotion | $8,415 |
| Office expenses | $4,605 |
| Information technology | $23,969 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $475,112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $82,351 |
| All other expenses | $0 |
| Total functional expenses | $1,633,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,823 |
| Savings and temporary cash investments | $11,360 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $153,617 |
| 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 | $220,660 |
| Net Land, buildings, and equipment | $2,000 |
| Investments—publicly traded securities | $1,011,736 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,675 |
| Total assets | $1,734,871 |
| Accounts payable and accrued expenses | $232,813 |
| Grants payable | $0 |
| Deferred revenue | $432,343 |
| 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 | $665,156 |
| Net assets without donor restrictions | $1,069,715 |
| 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 | $1,734,871 |