American Assoc Of Neuromuscular & Electrodiagnostic Medicine
- Assets
- $11.0m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 18
- Location
- Rochester, MN
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 41-6036691
Organization Overview
American Assoc Of Neuromuscular & Electrodiagnostic Medicine, operating under the name Aanem, is located in Rochester, MN. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Aanem employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aanem 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, Aanem generated $5.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 PATIENT CARE & ADVANCE THE SCIENCE OF NEUROMUSCULAR DISEASES AND ELECTRODIAGNOSTIC MEDICINE IN EDUCATION, PROFESSIONAL STANDARDS, ADVOCACY, COMMUNICATIONS, AND RESEARCH. THE AANEM VALUES ARE QUALITY PATIENT CARE, PROVIDER EDUCATION, PROFESSIONALISM, POLICY LEADERSHIP, AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING/EDUCATION AND PUBLICATIONS - THE PURPOSE OF THE ANNUAL MEETING IS TO PROVIDE PHYSICIANS WITH A LARGE FORUM TO EXCHANGE IDEAS AND PROVIDE CONTINUING EDUCATION FOR UPDATING AND ACQUIRING GREATER KNOWLEDGE ABOUT THE DIAGNOSIS AND TREATMENT OF NEUROMUSCULAR AND MUSCULOSKELETAL DISEASE. THE MEETING ALSO OFFERS AN OPPORTUNITY TO LEARN, ENHANCE, AND/OR REFRESH ELECTRODIAGNOSTIC AND OTHER DIAGNOSTIC TECHNIQUES TO IMPROVE PATIENT CARE. THIS WAS ACHIEVED THROUGH A VARIETY OF HANDS-ON WORKSHOPS, COURSES, EXPERT ROUNDTABLES, DISCUSSION GROUPS, DEMONSTRATION SESSIONS, SYMPOSIA, PLENARY LECTURES, SPECIAL INTEREST GROUP SESSIONS, ABSTRACT REVIEW AND PRESENTATIONS, INDUSTRY FORUMS, AND AN EXHIBIT HALL CONTAINING THE LATEST EQUIPMENT, SUPPLIES, BOOKS, PERIODICALS, AND PHARMACEUTICAL TREATMENT OPTIONS TO AID AND IMPROVE PATIENT CARE. THE PURPOSE OF EDUCATION AND PUBLICATION SERVICES IS TO DISTRIBUTE EDUCATIONAL MATERIALS TO PHYSICIANS INTERESTED IN THE FIELDS OF NEUROMUSCULAR AND ELECTRODIAGNOSTIC MEDICINE TO STRENGTHEN PHYSICIAN COMPETENCE. THIS PURPOSE WAS ACHIEVED BY PROVIDING PRINTED EDUCATIONAL MATERIALS, VIDEOS, DVDS, WEB-BASED, TELECONFERENCES, ONLINE LEARNING ACTIVITIES, PODCASTS, AND BROCHURES TO EDUCATE PHYSICIANS, ALLIED HEALTH PROFESSIONALS, PATIENTS, AND THE GENERAL PUBLIC. THE MATERIAL PROVIDES INFORMATION ABOUT THE FIELD, EXPLAINS THE PROCEDURES USED TO DIAGNOSE PATIENTS, AND THE GENERAL PUBLIC. THE MATERIAL PROVIDES INFORMATION ABOUT THE FIELD, EXPLAINS THE PROCEDURES USED TO DIAGNOSE NEUROMUSCULAR AND MUSCULOSKELETAL DISEASES, AND DISCUSSES TREATMENT OPTIONS. THE GOAL IS TO IMPROVE PATIENT CARE. WE HAD 1530 REGISTRANTS WITH 93 TOTAL SESSIONS
PATIENT ADVOCACY EFFORTS
MEMBER SERVICES - THE PURPOSE OF MEMBER SERVICES IS TO RECRUIT AND MAINTAIN MEMBERSHIP IN THE ASSOCIATION AND DISTRIBUTE EDUCATIONAL MATERIAL AND IMPORTANT INFORMATION REGARDING THE FIELDS OF NEUROMUSCULAR AND ELECTRODIAGNOSTIC MEDICINE AND WAYS TO IMPROVE PATIENT CARE. THIS WAS ACHIEVED THROUGH A) MEMBER MAILINGS; B) DISTRIBUTION OF INVITED REVIEWS, A PROFESSIONAL PEER REVIEWED JOURNAL (MUSCLE & NERVE), EMAIL ANNOUNCEMENTS AND ENEWS, AND A SEMI-ANNUAL NEWSLETTER (AANEM EDGE); C) CREATION OF EDUCATIONAL PODCASTS, EVIDENCE BASED GUIDELINES, CONSENSUS GUIDELINES, AND POSITION PAPERS; AND D) PROVIDING INFORMATION TO MEMBERS AND PATIENTS THROUGH THE ASSOCIATION WEBSITE (WWW.AANEM.ORG).
PROFESSIONAL STANDARDS - THE PURPOSE OF PROFESSIONAL STANDARDS IS TO USE THE CERTIFICATION OF PHYSICIANS AND TECHNOLOGISTS AND ACCREDITATION OF ELECTRODIAGNOSTIC LABORATORIES TO SET AND MONITOR STANDARDS TO IMPROVE PATIENT CARE AND THE QUALITY OF NEUROMUSCULAR AND ELECTRODIAGNOSTIC MEDICINE. THIS WAS ACHEIVED THROUGH CERTIFICATION EXAMINATIONS FOR BOTH PHYSICIANS AND TECHNOLOGISTS, REQUIREMENTS TO PARTICIPATE IN CONTINUING MEDICAL EDUCATION (CME) ACTIVITIES AND CONTINUOUS CERTIFICATION ACTIVITIES TO DEMONSTRATE PHYSICIANS ONGOING COMMITMENT TO LIFELONG LEARNING AND PRACTICE IMPROVEMENT FOLLOWING INITIAL BOARD CERTIFICATION,AND ELECTRODIAGNOSTIC LABORATORY ACCREDITATION, A PEER-REVIEWED PROCESS THAT ACKNOWLEDGES LABORATORIES FOR ACHIEVING AND MAINTAINING THE HIGHEST LEVEL OF QUALITY, PERFORMANCE, AND INTEGRITY BASED ON PROFESSIONAL STANDARDS, TO PROMOTE A STRUCTURED MECHANISM TO ASSESS, EVALUATE, AND IMPROVE PATIENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirlyn Adkins Executive Di | Officer | 45 | $263,440 |
Jay Schwinefus Membership & | 45 | $129,644 | |
Jacob Sokol It Director | 45 | $137,050 | |
Millie Suk Hlth Pol & S | 45 | $123,734 | |
Michelle Jones Mtg, Corp & | 45 | $120,156 | |
Samuel Bierner Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ceavco Av Services | 12/30/22 | $285,871 |
John Wiley & Sons Inc M&n Journal | 12/30/22 | $275,000 |
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 | $143,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,630 |
| Total Program Service Revenue | $3,379,747 |
| Investment income | $311,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $48,305 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $252,945 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,982,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,000 |
| 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. | $260,560 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,258,657 |
| Pension plan accruals and contributions | $140,482 |
| Other employee benefits | $146,445 |
| Payroll taxes | $108,895 |
| Fees for services: Management | $102,441 |
| Fees for services: Legal | $251 |
| Fees for services: Accounting | $12,353 |
| Fees for services: Lobbying | $28,297 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,035 |
| Fees for services: Other | $186,459 |
| Advertising and promotion | $12,908 |
| Office expenses | $133,294 |
| Information technology | $204,907 |
| Royalties | $0 |
| Occupancy | $128,801 |
| Travel | $120,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $867,750 |
| Interest | $302 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,414 |
| Insurance | $47,897 |
| All other expenses | $395 |
| Total functional expenses | $4,332,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,901 |
| Savings and temporary cash investments | $1,660,534 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,958 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,745 |
| Prepaid expenses and deferred charges | $55,793 |
| Net Land, buildings, and equipment | $866,569 |
| Investments—publicly traded securities | $7,887,912 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $194,572 |
| Other assets | $0 |
| Total assets | $11,031,984 |
| Accounts payable and accrued expenses | $576,077 |
| Grants payable | $0 |
| Deferred revenue | $743,345 |
| 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 | $1,319,422 |
| Net assets without donor restrictions | $9,712,562 |
| 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 | $11,031,984 |