American Podiatric Medical Assoc
- Assets
- $19.0m
- Revenue
- $11.9m
- Investments
- $0.0
- Employees
- 58
- Location
- Rockville, MD
- Founding
- 09/1960
- Data as of
- 05/2023
- EIN
- 53-0239502
Organization Overview
American Podiatric Medical Assoc is located in Rockville, MD. The organization was established in 1960. 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 05/2023, American Podiatric Medical Assoc employed 58 individuals. This organization is the central organization for a national or regional group of organizations. American Podiatric Medical Assoc 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 05/2023, American Podiatric Medical Assoc generated $11.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $14.0m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Podiatric Medical Assoc has awarded 66 individual grants totaling $1,225,466. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION DEFENDS MEMBER PODIATRIC PHYSICIANS AND SURGEONS' ABILITY TO PRACTICE TO THE FULL EXTENT OF THEIR EDUCATION AND TRAINING TO BEST SERVE PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION AND PROGRAMSMANAGED THE APMA ONLINE LEARNING CENTER THAT PROVIDES CONTINUING EDUCATION COURSES TO PODIATRISTS BOTH LIVE AND ON-DEMAND. SUCCESSFULLY PLANNED AND MANAGED THE EDUCATIONAL PROGRAM FOR THE APMA 2022 ANNUAL SCIENTIFIC MEETING IN ORLANDO, FL. SUCCESSFULLY PLANNED AND MANAGED THE VIRTUAL APMA 2022 CODING AND CLINICAL EDUCATION SEMINAR. SUCCESSFULLY MANAGED CONTINUING EDUCATION FOR THE VIRTUAL APMA 2023 SPRING CODING SEMINAR. APMA RECEIVED AND PROCESSED MORE THAN 120 NEW APPLICATIONS FOR THE APMA SEAL OF APPROVAL/ACCEPTANCE AND MORE THAN 100 PRODUCTS WERE RENEWED FOR THE SEAL OF APPROVAL/ACCEPTANCE.
CLINICAL AFFAIRSPROVIDED PODIATRIC POPULATION HEALTH RESOURCES AND EDUCATION RELATED TO "THE ROLE OF A PODIATRIST IN GERIATRIC FALLS PREVENTION," "SUICIDE PREVENTION," "KNOWING BURNOUT, AND "PAIN AND PERI-OPERATIVE CONSIDERATIONS OF CANNABIS." SUPPORTED PHYSICIAN SUICIDE PREVENTION WRITING COMPETITION FOR STUDENTS AND RESIDENTS.WORKED WITH 12 RESEARCH GROUPS TO FINALIZE PROJECT FOR ANALYSIS IN PEARL DIVER DATASET.SUPPORTED PODIATRISTS' PARTICIPATION IN THE 2022 AND 2023 MIPS PERFORMANCE YEARS THROUGH THE APMA MIPS APP.OFFERED ONE-ON-ONE SUPPORT TO MEMBERS WITH QUESTIONS REGARDING MIPS ELIGIBILITY, THE HARDSHIP EXCEPTION, AND FINDING THE BEST MIPS MEASURES FOR THEM.SUPPORTED APMA STEWARDED MIPS CLINICAL QUALITY MEASURES #126 AND #127.EXPLORED OPPORTUNITIES FOR MONETIZATION OF THE APMA REGISTRY THROUGH REQUEST FOR PROPOSAL PROCESS. PREPARED VISUALIZATIONS RELATED TO THE EVALUATION AND MANAGEMENT CODE CHANGES FROM APMA REGISTRY DATA.REPRESENTED APMA AT ASSOCIATION OF DIABETES CARE AND EDUCATION SPECIALISTS MEETING.BUILT/MAINTAINED RELATIONSHIP WITH SOCIETY FOR INTERVENTIONAL RADIOLOGY, SOCIETY OF VASCULAR SURGERY, AND THE ALLIANCE OF GOUT AWARENESS.PARTICIPATED HEAVILY, ALONG WITH SEVERAL APMA VOLUNTEER LEADERS, WITH AMERICAN HEART ASSOCIATION'S PERIPHERAL ARTERY DISEASE NATIONAL ACTION PLAN COLLABORATIVE.SUPPORTED THE WORK OF THE COMMITTEE ON PHYSICIAN PARITY EDUCATION WORKGROUP. PUBLISHED "CONCERNING RATES OF LABORATORY-CONFIRMED ANTIFUNGAL-RESISTANT ONYCHOMYCOSIS AND TINEA PEDIS: AN ONLINE SURVEY OF PODIATRISTS, UNITED STATES" IN HEALTH SCIENCE REPORTS.AWARDED OVER 50 APHA STUDENT MEMBERSHIP SCHOLARSHIPS TO CURRENT PODIATRIC MEDICAL STUDENTS FOR THE 2022 YEAR.
CPMEADOPTED THE STANDARDS AND PROCEDURES USED TO ACCREDIT COLLEGES OF PODIATRIC MEDICINE. CONTINUED THE COMPREHENSIVE REVIEW PROCESS OF THE STANDARDS AND PROCEDURES USED TO APPROVE CONTINUING EDUCATION PROVIDERS.CONTINUED THE COMPREHENSIVE REVIEW PROCESS OF THE STANDARDS AND PROCEDURES USED TO RECOGNIZE SPECIALTY BOARDS IN PODIATRIC MEDICINE AND SURGERY.ADOPTED THE STANDARDS AND PROCEDURES USED TO APPROVE PODIATRIC RESIDENCY AND FELLOWSHIP PROGRAMS. CONDUCTED 42 RESIDENCY AND FELLOWSHIP ON-SITE EVALUATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Santi DPM President-Elect | OfficerTrustee | 5 | $9,217 |
Alan Block DPM Trustee | Trustee | 5 | $5,725 |
David Alper DPM Trustee | Trustee | 5 | $10,325 |
William Long DPM Trustee | Trustee | 5 | $6,400 |
Scott Hughes DPM Trustee | Trustee | 5 | $7,750 |
Patrick Deheer DPM Trustee | Trustee | 5 | $7,125 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Connect360 Multimedia Production Services For Communications | 5/30/23 | $160,000 |
Lehrman Consulting Consulting Services For Hp&p | 5/30/23 | $105,846 |
Foley & Lardner Llp Legal Services- General Counsel | 5/30/23 | $108,198 |
Hart Health Strategies Health Policy Consulting | 5/30/23 | $120,500 |
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 | $169,659 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,659 |
| Total Program Service Revenue | $10,820,595 |
| Investment income | $443,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $14,450 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $177,874 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,916,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $220,430 |
| 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. | $1,047,775 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,142,699 |
| Pension plan accruals and contributions | $457,129 |
| Other employee benefits | $782,031 |
| Payroll taxes | $382,633 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $238,042 |
| Fees for services: Accounting | $82,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,549 |
| Fees for services: Other | $1,985,976 |
| Advertising and promotion | $47,774 |
| Office expenses | $90,836 |
| Information technology | $191,177 |
| Royalties | $0 |
| Occupancy | $240,506 |
| Travel | $1,215,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $724,147 |
| Interest | $31,012 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $257,006 |
| Insurance | $93,197 |
| All other expenses | $226,634 |
| Total functional expenses | $14,018,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,341,700 |
| Savings and temporary cash investments | $1,095,043 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $311,022 |
| 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 | $206,253 |
| Net Land, buildings, and equipment | $2,221,213 |
| Investments—publicly traded securities | $11,542,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $251,896 |
| Total assets | $18,969,536 |
| Accounts payable and accrued expenses | $1,019,950 |
| Grants payable | $0 |
| Deferred revenue | $2,802,149 |
| 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 | $734,349 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $251,896 |
| Total liabilities | $4,808,344 |
| Net assets without donor restrictions | $13,814,616 |
| Net assets with donor restrictions | $346,576 |
| 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 | $18,969,536 |
Grants Awarded
Over the last fiscal year, American Podiatric Medical Assoc has awarded $120,388 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA PODIATRIC MED ASSOCIATION PURPOSE: FINANCIAL ASSISTANCE | $10,000 |
AMERICAN PODIATRIC MEDICAL STUDENTS PURPOSE: OPERATIONAL GRANT | $25,000 |
TEXAS PODIATRIC MEDICAL ASSOCIATION PURPOSE: BREAKFAST GRANT | $6,000 |
FLORIDA PODIATRIC MEDICAL ASSOCIATION PURPOSE: CECH REGIONAL LECTURE SERIES | $6,000 |
FOUNDATION FOR PODIATRIC MEDICINE PURPOSE: NY23 REGIONAL LECTURE SERIES | $50,888 |
REGION THREE AMERICAN PODIATRIC MEDICAL ASSOCIATION PURPOSE: REGIONAL LECTURE SERIES | $10,000 |