American College Of Cardiology
- Assets
- $302.2k
- Revenue
- $263.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Juan, PR
- Founding
- 03/1991
- Data as of
- 01/2023
- EIN
- 66-0465080
Organization Overview
American College Of Cardiology is located in San Juan, PR. The organization was established in 1991. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of Cardiology 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 01/2023, American College Of Cardiology generated $263.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $276.0k during the year ending 01/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND PARTICIPATE IN THE CONTINUING EDUCATION OF PHYSICIAN, SURGEONS, AND OTHER SCIENTIST IN THE FIELD RELATED TO THE CIRCULATORY SYSTEM BY MEANS OF ANNUAL SCIENTIST SESSIONS PUBLICATIONS AND SUCH OTHER INSTRUCTIONAL PROGRAM AS MAY FROM TIME TO TIME BE DEEMED APPROPIATE. TO ENCOURAGE THE DEVELOPMENT AND COOPERATE WITH FUNCTION OF CENTERS FOR STUDY, TREATMENT AND RESEARCH OF THE CIRCULATORY SYSTEM; AND TO PROMOTE PUBLIC WELFARE BY EDUCATION DIRECTED TOWARD THE PREVENTION AND TREATMENT OF DISEASES OF THE CIRCULATORY SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE, CONVENTION, MEETING AND SYMPOSIUM FOR CONTINUING EDUCATION OF PHYSICIANS, SURGEONS, AND OTHER SCIENTIST IN THE FIELD RELATED TO THE CIRCULATORY SYSTEM AND CARDIOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eurencia Georgina Olmo Chapter Executive Director | Trustee | 10 | $0 |
Hector Martinez Gonzalez President & Govenor | Officer | 6 | $0 |
Francisco J Lefebre Llavona Secretary & Treasurer | Officer | 4 | $0 |
Juan C Sotomonte Ariza Previous President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,920 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,185 |
| Total Program Service Revenue | $28,459 |
| Investment income | $783 |
| 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 | $263,427 |
| 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. | $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 | $38,578 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,204 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $192,465 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,669 |
| Insurance | $3,754 |
| All other expenses | $0 |
| Total functional expenses | $276,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,259 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $53,456 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,500 |
| Total assets | $302,215 |
| Accounts payable and accrued expenses | $1,099 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,099 |
| Net assets without donor restrictions | $0 |
| 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 | $301,116 |
| Total liabilities and net assets/fund balances | $302,215 |