American Academy Of Family Physicians is located in Thiensville, WI. The organization was established in 1950. 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 a subordinate organization within an affiliated group for tax-exemption purposes. American Academy Of Family Physicians 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 Academy Of Family Physicians generated $643.8k 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 $556.8k during the year ending 12/2021. 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
PROMOTE EXCELLENCE IN HEALTH CARE AND TO IMPROVE THE HEALTH OF THE PEOPLE OF WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION AND COLLABORATION OPPORTUNITIES TO ENHANCE THE PROFESSIONAL GROWTH OF ITS MEMBERS.
ADVOCATED FOR FAMILY PHYSICIANS AND PATIENTS
PROMOTED FAMILY MEDICINE WORKFORCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sabina Singh MD Board Chair | OfficerTrustee | 1 | $0 |
Zachary Baeseman MD Fdn President | OfficerTrustee | 1 | $0 |
Rodney Erickson MD President-Elect | OfficerTrustee | 1 | $0 |
Eric Stader MD 1st Vice President | OfficerTrustee | 1 | $0 |
Elizabeth Pyne MD President | OfficerTrustee | 1 | $0 |
Beth Menzel MD Faafp 2nd Vice President | OfficerTrustee | 1 | $0 |
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 | $1,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
Total Program Service Revenue | $617,209 |
Investment income | $12,735 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $10,779 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,485 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $643,758 |
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 | $355,844 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $840 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $22,802 |
Information technology | $6,660 |
Royalties | $0 |
Occupancy | $0 |
Travel | $555 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,514 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,015 |
All other expenses | $7,043 |
Total functional expenses | $556,843 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $231,518 |
Savings and temporary cash investments | $4,266 |
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 | $10,375 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $465,108 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $711,267 |
Accounts payable and accrued expenses | $31,706 |
Grants payable | $0 |
Deferred revenue | $323,658 |
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 | $355,364 |
Net assets without donor restrictions | $355,903 |
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 | $711,267 |
Organization Name | Assets | Revenue |
---|---|---|
National Association Of Boards Of Pharmacy Mount Prospect, IL | $128,934,992 | $53,072,369 |
Michigan Health And Hospital Association Okemos, MI | $27,538,084 | $35,005,376 |
American Health Information Management Association Chicago, IL | $75,970,379 | $29,707,465 |
Illinois Health And Hospital Association Naperville, IL | $47,982,989 | $27,831,866 |
American Association Of Nurse Anesthetists Park Ridge, IL | $73,195,085 | $28,961,518 |
Healthcare Financial Management Association Downers Grove, IL | $21,103,876 | $26,004,256 |
Illinois Primary Health Care Association Springfield, IL | $11,577,545 | $20,459,063 |
Accreditation Association For Ambulatory Health Care Inc Skokie, IL | $34,944,866 | $26,328,831 |
American Board Of Medical Specialties Chicago, IL | $33,424,313 | $22,297,576 |
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
American Academy Of Physical Medicine And Rehabilitation Rosemont, IL | $24,985,225 | $10,237,461 |
American Organization For Nursing Leadership Chicago, IL | $20,744,562 | $7,460,958 |