American Association For Geriatric Psychiatry Inc
- Assets
- $1.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 52-1945946
Organization Overview
American Association For Geriatric Psychiatry Inc is located in Mclean, VA. The organization was established in 1995. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association For Geriatric Psychiatry 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 Association For Geriatric Psychiatry Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 53.6% per year over the past 7 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
DEDICATED TO FOSTERING, PROMOTING AND STUDYING THE MENTAL HEALTH OF THE ELDERLY, ALONG WITH ENCOURAGING PUBLIC AND PROFESSIONAL AWARENESS TO THE MENTAL HEALTH OF THE ELDERLY. AAGP ENHANCES THE KNOWLEDGE BASE AND STANDARDS OF PRACTICE IN GERIATRIC PSYCHIATRY THROUGH EDUCATION AND RESEARCH AND BY ADVOCATING FOR MEETING THE MENTAL HEALTH NEEDS OF OLDER AMERICANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNAL AND OTHER PUBLICATIONS - THE ASSOCIATION PROVIDES ITS MEMBERS AND OTHER HEALTH CARE PROFESSIONALS WITH INFORMATION ON CURRENT DEVELOPMENTS IN THE FIELD OF GERIATRIC PSYCHIATRY BY PUBLISHING A MONTHLY PEER REVIEWED SCIENTIFIC JOURNAL, "AMERICAN JOURNAL FOR GERIATRIC PSYCHIATRY" WHICH INCLUDES ARTICLES ON NEW RESEARCH AND DATA THAT ENABLE HEALTH CARE PROVIDERS TO PROVIDE EVIDENCE BASED CARE TO THE OLDER ADULT POPULATION. THE ASSOCIATION SUPPORTS CONSUMER EDUCATION TO INDIVIDUALS AND HEALTH CARE CENTERS UPON REQUEST THROUGH INDIVIDUAL REFERRALS, ORGANIZATIONAL REFERRALS, AND BASIC INFORMATION ON LATE LIFE MENTAL ILLNESSES, AS WELL AS CAREGIVERS SUPPORT RESOURCES SUCH AS PAMPHLETS AND OTHER PUBLICATIONS. IN ADDITION THE ASSOCIATION DEVELOPED THE INTERNET GERIATRIC PSYCHIATRY SELF-ASSESSMENT PROGRAM TO PROVIDE A VEHICLE FOR CONTINUING EDUCATION OF THE PSYCHIATRIST IN CLINICAL PRACTICE. THE SELF-STUDY QUESTIONS, ANSWERS, AND CRITIQUES THAT COMPRISE THE PROGRAM ARE BASED ON THE CURRENT MEDICAL LITERATURE. THE IGPSAP PROGRAM IS DESIGNED AS A SELF-STUDY EDUCATIONAL PROGRAM. IT IS NOT INTENDED AS AN EXAMINATION.
ANNUAL MEETING AND EDUCATION- THE ASSOCIATION'S ANNUAL MEETING IS A NATIONAL CONFERENCE THAT BRINGS TOGETHER PSYCHIATRISTS AND OTHER HEALTH CARE PROVIDERS RESPONSIBLE FOR THE CARE OF OLDER ADULTS WITH MENTAL HEALTH DISORDERS. THIS MEETING PROVIDES THE OPPORTUNITY FOR COLLABORATION, EDUCATIONAL EVENTS, ACCESS TO NEW MATERIALS AND INFORMATION, RESEARCH RESULTS AND PRESENTATIONS, AND ACCESS TO EXPERTS IN THE FIELD OF GERIATRIC PSYCHIATRY. THE ASSOCIATION SPONSORS A SCHOLARS PROGRAM FOR MEDICAL RESIDENTS AND MEDICAL STUDENTS TO SUPPORT TRAVEL TO THE MEETING, AS WELL AS ACCREDITED CONTINUED EDUCATION PROGRAMS FOR PROFESSIONALS. THE ASSOCIATION PRODUCES ONLINE EDUCATIONAL PROGRAMS, AND PUBLICATIONS OUTLINING TREATMENT GUIDELINES FOR PATIENTS; REIMBURSEMENT AND PRACTICE MANAGEMENT UPDATES; REVIEWS TO PREPARE FOR THE GERIATRIC PSYCHIATRY SPECIALTY EXAM, AND SELF-GUIDED SELF-ASSESSMENT PROGRAMS.
MEMBERSHIP SERVICES - THE ASSOCIATION PROVIDES CONVENIENT ELECTRONIC SERVICES TO ITS MEMBERS SUCH AS A ROBUST WEBSITE, LIST-SERVES, ANNUAL SURVEYS, ONLINE REGISTRATIONS AND DUES RENEWAL, ELECTRONIC BALLOTING, ONLINE DIRECTORY, PUBLICATIONS, NOTIFICATIONS OF UPCOMING EVENTS AND OPPORTUNITIES, CAREER JOB POSTINGS AND OPPORTUNITIES, AS WELL AS MEETING MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Lavretsky MD Ms President | OfficerTrustee | 2 | $0 |
Marc A Agronin MD Past President | OfficerTrustee | 2 | $0 |
Sandra Swanteck President-Elect | OfficerTrustee | 2 | $0 |
Shilpa Srinivasan Mddfapa Secretary-Treasurer | OfficerTrustee | 2 | $0 |
Steve Huege Secretary-Treasurer Elect | OfficerTrustee | 2 | $0 |
Muhammad Aslam MD Committee Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $345,120 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $525,138 |
| Total Program Service Revenue | $464,948 |
| Investment income | $24,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $225,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,220 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,233,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $73,046 |
| 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 | $470,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,381 |
| Fees for services: Other | $197,853 |
| Advertising and promotion | $0 |
| Office expenses | $5,940 |
| Information technology | $155,674 |
| Royalties | $0 |
| Occupancy | $32,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $442,806 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,209 |
| All other expenses | $3,576 |
| Total functional expenses | $1,436,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,049,150 |
| 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 | $11,811 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $697,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,758,830 |
| Accounts payable and accrued expenses | $26,948 |
| Grants payable | $0 |
| Deferred revenue | $231,465 |
| 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 | $258,413 |
| Net assets without donor restrictions | $1,330,534 |
| Net assets with donor restrictions | $169,883 |
| 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 | $1,758,830 |