American Academy Of Family Physicians
- Assets
- $1.1m
- Revenue
- $575.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Brentwood, TN
- Founding
- 02/1950
- Data as of
- 12/2021
- EIN
- 62-0529807
Organization Overview
American Academy Of Family Physicians is located in Brentwood, TN. 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 $575.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $586.3k during the year ending 12/2021. 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
ASSOCIATION OF FAMILY PHYSICIANS TO PROMOTE AND MAINTAIN HIGH STANDARDS FOR FAMILY PHYSICIANS PROVIDING COMPREHENSIVE HEALTH CARE TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS 1-2 SEMINARS DURING THE YEAR ALONG WITH AN ANNUAL CONVENTION. THESE PROGRAMS PROVIDE CONTINUING MEDICAL EDUCATION, PRACTICE MANAGEMENT CARE, MEDICAL WORKSHOPS, EXHIBITS AND LECTURES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Dyer Executive Director | Officer | 60 | $140,002 |
B Alan Wallstedt MD Delegate To Aafp | Officer | 1 | $0 |
Jim Holt MD President Elect | Officer | 2 | $0 |
William T Bates III DO Vice Speaker Of Congress/alt Director | Officer | 1 | $0 |
Gregory H Blake MD Speaker Of Congress | Officer | 2 | $0 |
T Michael Helton MD President | Officer | 5 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $575,688 |
| Investment income | $55 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,743 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,495 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,263 |
| Compensation of current officers, directors, key employees. | $79,318 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,739 |
| Pension plan accruals and contributions | $22,116 |
| Other employee benefits | $9,103 |
| Payroll taxes | $16,730 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,491 |
| Advertising and promotion | $0 |
| Office expenses | $30,901 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,005 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,974 |
| Insurance | $8,281 |
| All other expenses | $19,467 |
| Total functional expenses | $586,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,194 |
| Savings and temporary cash investments | $347,288 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,864 |
| 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 | $5,616 |
| Net Land, buildings, and equipment | $616,344 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,090,306 |
| Accounts payable and accrued expenses | $1,783 |
| Grants payable | $0 |
| Deferred revenue | $150,593 |
| 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 | $152,376 |
| Net assets without donor restrictions | $937,930 |
| 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 | $1,090,306 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Physical Therapy Association Alexandria, VA | $61,402,503 | $48,378,744 |
Arkansas Foundation For Medical Care Inc Fort Smith, AR | $38,817,634 | $50,008,157 |
American Association Of Orthodontists St Louis, MO | $35,830,036 | $25,580,737 |
American Academy Of Physician Assistants Inc Alexandria, VA | $37,287,618 | $27,625,692 |
American Optometric Association Inc St Louis, MO | $41,380,476 | $25,369,492 |
Morehouse Healthcare Inc Atlanta, GA | $4,717,709 | $18,506,489 |
Healthcare Distribution Alliance Hda Arlington, VA | $15,589,595 | $23,673,088 |
National Commission On Certification Of Physicians Assist Johns Creek, GA | $51,725,554 | $24,098,126 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |
Community Health Accreditation Program Inc Arlington, VA | $22,682,316 | $18,320,268 |
Tennessee Hospital Association Brentwood, TN | $59,191,608 | $16,937,384 |
Georgia Hospital Association Inc Atlanta, GA | $28,490,811 | $11,382,782 |