American Academy Of Family Physicians is located in Des Moines, IA. 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. As of 12/2021, American Academy Of Family Physicians employed 3 individuals. 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 $500.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $414.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) 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
THE ACADEMY IS AN ADVOCATE FOR FAMILY PHYSICIANS AND EDUCATES AND SUPPORTS FAMILY PHYSICIANS TO IMPROVE THE HEALTH AND WELL-BEING OF PATIENTS, FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND SEMINARS ATTENDED BY PHYSICIANS TO BETTER SERVE THE NEEDS OF THEIR PATIENTS.
TO PROMOTE THE SERVICES, IMAGE AND CAREER OF A FAMILY PHYSICIAN.
EDUCATION AND OTHER SERVICES FOR THE MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela D Williams Executive Director | Officer | 40 | $141,737 |
Lonny Miller MD Board Chair | OfficerTrustee | 3 | $0 |
Laura Bowshier MD President | OfficerTrustee | 3 | $0 |
Corrine Ganske MD President-Elect | OfficerTrustee | 3 | $0 |
Jason Wilbur MD Secretary/treasurer | OfficerTrustee | 3 | $0 |
Kate Thoma MD Vice President | OfficerTrustee | 3 | $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 | $2,756 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,756 |
Total Program Service Revenue | $428,582 |
Investment income | $43,475 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,667 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $500,097 |
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. | $159,400 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $81,020 |
Pension plan accruals and contributions | $8,893 |
Other employee benefits | $0 |
Payroll taxes | $17,380 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,650 |
Fees for services: Lobbying | $45,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,795 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,345 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,629 |
Travel | $979 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,417 |
Interest | $0 |
Payments to affiliates | $11,196 |
Depreciation, depletion, and amortization | $2,484 |
Insurance | $6,127 |
All other expenses | $0 |
Total functional expenses | $414,760 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $84,219 |
Savings and temporary cash investments | $1,906,291 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,016 |
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 | $11,686 |
Net Land, buildings, and equipment | $6,210 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $42,252 |
Total assets | $2,052,674 |
Accounts payable and accrued expenses | $46,129 |
Grants payable | $0 |
Deferred revenue | $183,165 |
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 | $42,332 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,823 |
Total liabilities | $279,449 |
Net assets without donor restrictions | $1,773,225 |
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 | $2,052,674 |
Organization Name | Assets | Revenue |
---|---|---|
The Physician Network Lincoln, NE | $104,536,502 | $64,680,019 |
National Association Of Boards Of Pharmacy Mount Prospect, IL | $128,934,992 | $53,072,369 |
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 |
American Association Of Orthodontists St Louis, MO | $35,830,036 | $25,580,737 |
Healthcare Financial Management Association Downers Grove, IL | $21,103,876 | $26,004,256 |
American Optometric Association Inc St Louis, MO | $41,380,476 | $25,369,492 |
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 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |