American Academy Of Family Physicians is located in Leawood, KS. The organization was established in 1948. 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 05/2022, American Academy Of Family Physicians employed 419 individuals. This organization is a parent organization of 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 05/2022, American Academy Of Family Physicians generated $86.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $81.8m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, American Academy Of Family Physicians has awarded 35 individual grants totaling $2,134,670. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF AAFP IS TO IMPROVE THE HEALTH OF PATIENTS, FAMILIES, AND COMMUNITIES BY SERVING THE NEEDS OF MEMBERS WITH PROFESSIONALISM AND CREATIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMOTION OF COMMON BUSINESS INTEREST OF FAMILY PHYSICIANS THROUGH CONTINUING MEDICAL EDUCATIONAL PROGRAMS, CONFERENCES, AND OTHER METHODS OF ENHANCING THE PRACTICE OF FAMILY MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald Shawn Martin Ceo/evp | Officer | 40 | $773,737 |
Shannon Scott Cso/devp | Officer | 40 | $534,540 |
Julie Wood SVP | Officer | 40 | $376,539 |
Charlotte Kerner CFO | Officer | 40 | $343,183 |
Stephanie Quinn SVP | Officer | 40 | $336,470 |
Heather Leith SVP | Officer | 40 | $336,447 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
On Services Media Services | 5/30/22 | $685,850 |
Quadgraphics Printing Services | 5/30/22 | $1,124,887 |
Vml Llc Mkt/comm Consulting | 5/30/22 | $484,348 |
Daniel J Edelman Inc Pr Services | 5/30/22 | $1,472,806 |
Juno Live Media Services | 5/30/22 | $465,815 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $31,684,515 |
Fundraising events | $0 |
Related organizations | $1,833,288 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $33,517,803 |
Total Program Service Revenue | $40,231,434 |
Investment income | $2,240,582 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,923,927 |
Net Rental Income | $290,335 |
Net Gain/Loss on Asset Sales | $1,153,853 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $645,484 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,228,373 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $296,760 |
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. | $6,812,570 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $30,931,347 |
Pension plan accruals and contributions | $3,507,422 |
Other employee benefits | $5,072,551 |
Payroll taxes | $2,530,305 |
Fees for services: Management | $0 |
Fees for services: Legal | $96,779 |
Fees for services: Accounting | $86,640 |
Fees for services: Lobbying | $3,483,965 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $113,067 |
Fees for services: Other | $6,608,870 |
Advertising and promotion | $360,451 |
Office expenses | $1,678,109 |
Information technology | $3,883,243 |
Royalties | $0 |
Occupancy | $4,722,738 |
Travel | $1,277,400 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,661,187 |
Interest | $22,902 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $845,680 |
Insurance | $355,313 |
All other expenses | $722,305 |
Total functional expenses | $81,777,885 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,319,897 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $9,500 |
Accounts receivable, net | $5,102,883 |
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 | $3,217,239 |
Net Land, buildings, and equipment | $1,572,204 |
Investments—publicly traded securities | $20,208,704 |
Investments—other securities | $69,328,602 |
Investments—program-related | $0 |
Intangible assets | $550,000 |
Other assets | $3,388,662 |
Total assets | $105,697,691 |
Accounts payable and accrued expenses | $14,445,389 |
Grants payable | $0 |
Deferred revenue | $27,687,872 |
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 | $7,000,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,245,382 |
Total liabilities | $51,378,643 |
Net assets without donor restrictions | $54,075,545 |
Net assets with donor restrictions | $243,503 |
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 | $105,697,691 |
Over the last fiscal year, American Academy Of Family Physicians has awarded $291,260 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Leawood, KS PURPOSE: SUPPORT | $245,260 |
Kansas City, MO PURPOSE: MATCHING CONTRIB. | $25,000 |
Leawood, KS PURPOSE: SUPPORT - CHFM | $21,000 |
Over the last fiscal year, we have identified 5 grants that American Academy Of Family Physicians has recieved totaling $2,098,799.
Awarding Organization | Amount |
---|---|
American Academy Of Family Physicians Foundation Leawood, KS PURPOSE: VAR PROGRAM SUPPORT | $1,724,625 |
American Academy Of Addiction Psychiatry East Providence, RI PURPOSE: DEVELOP EDUCATIONAL RESOURCES AND TRAINING | $219,096 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT EXEMPT PURPOSE | $128,756 |
Association Of Family Medicine Residency Directors Leawood, KS PURPOSE: FELLOWSHIP PROGRAM | $16,322 |
Commonwealth Fund New York, NY PURPOSE: PRIMARY CARE FOR AMERICA CONFERENCE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Physician Network Lincoln, NE | $104,536,502 | $64,680,019 |
American Academy Of Family Physicians Leawood, KS | $105,697,691 | $86,228,373 |
Association Of Operating Room Nurses Inc Denver, CO | $38,056,057 | $33,379,294 |
American Association Of Orthodontists St Louis, MO | $35,830,036 | $25,580,737 |
American Optometric Association Inc St Louis, MO | $41,380,476 | $25,369,492 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |
Colorado Hospital Association Greenwood Village, CO | $13,190,689 | $7,968,558 |
American College Of Clinical Pharmacy Lenexa, KS | $17,709,433 | $7,095,671 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
National Rural Health Association Kansas City, MO | $2,342,243 | $5,213,678 |
American Academy Of Family Physicians Leawood, KS | $30,784,453 | $4,820,829 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |