American Academy Of Anti-Aging Medicine Inc
- Assets
- $13.3m
- Revenue
- $2.2m
- Investments
- $9.3m
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 36-4087310
Organization Overview
American Academy Of Anti-Aging Medicine Inc is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Anti-Aging Medicine Inc 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 12/2022, American Academy Of Anti-Aging Medicine Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $711.9k during the year ending 12/2022. 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
EDUCATIONAL ORGANIZATION FOR HEALTH PROFESSIONALS AND THE PUBLIC REPORTING ON ADVANCES IN PREVENTATIVE MEDICINE, NUTRITION, AND HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES OF THE AMERICAN ACADEMY OF ANTI-AGING MEDICINE ARE TO EDUCATE MEMBERS AND THE GENERAL PUBLIC ON HOW TO RETARD THE AGING PROCESS AND LIVE A LONGER AND HEALTHIER LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Klentz Director | Trustee | 1 | $0 |
Rafael Santonja Director | Trustee | 1 | $0 |
Ronald M Klatz DO President | Officer | 30 | $0 |
Robert M Goldman Chairman | Officer | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brown Management Consulting Inc Outside Services | 12/30/15 | $26,975 |
Keyword Health Outside Services | 12/30/15 | $25,754 |
Donna Sorbello Outside Services | 12/30/15 | $36,100 |
Lindsay Steel Outside Service | 12/30/15 | $6,565 |
Patty Estremadoyro Outside Service | 12/30/15 | $820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $967,174 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,541,439 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,508,613 |
| Total Program Service Revenue | $0 |
| Investment income | $258,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,524,520 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,242,432 |
| 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. | $47,500 |
| 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 | $3,728 |
| Fees for services: Management | $294,695 |
| Fees for services: Legal | $121,385 |
| Fees for services: Accounting | $49,567 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,628 |
| Fees for services: Other | $15,540 |
| Advertising and promotion | $55,799 |
| Office expenses | $5,759 |
| Information technology | $200 |
| Royalties | $0 |
| Occupancy | $8,205 |
| Travel | $1,133 |
| 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 | $3,132 |
| All other expenses | $4,470 |
| Total functional expenses | $711,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,279 |
| Savings and temporary cash investments | $4,065,731 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,257,695 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,337,705 |
| Accounts payable and accrued expenses | $5,356 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,356 |
| Net assets without donor restrictions | $13,332,349 |
| 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 | $13,337,705 |
Grants Awarded
Over the last fiscal year, American Academy Of Anti-Aging Medicine Inc has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HIGH TECHNOLOGY RESEARCH INSTITUTE PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |
MEDICAL CONFERENCES INTERNATIONAL PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |