American Academy Of Family Physicians
- Assets
- $761.8k
- Revenue
- $386.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Benton, AR
- Founding
- 02/1950
- Data as of
- 12/2023
- EIN
- 71-0297796
Organization Overview
American Academy Of Family Physicians is located in Benton, AR. 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 12/2023, American Academy Of Family Physicians employed 2 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 12/2023, American Academy Of Family Physicians generated $386.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $378.2k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EXCELLENCE IN HEALTHCARE AND THE BETTERMENT OF THE HEALTH OF THE AMERICAN PEOPLE BY PROVIDING ADVOCACY, REPRESENTATION AND LEADERSHIP FOR THE SPECIALTY OF FAMILY MEDICINE; PROVIDING RESPONSIBLE ADVOCACY FOR EDUCATION OF PATIENTS AND THE PUBLIC IN ALL HEALTH-RELATED MATTERS; TO PRESERVE AND PROMOTE QUALITY COST-EFFECTIVE HEALTHCARE; TO PROMOTE THE SCIENCE AND ART OF FAMILY MEDICINE; TO ENSURE AN OPTIMAL WORKFORCE OF WELL-TRAINED FAMILY PHYSICIANS; TO PROVIDE FOR THE CONTINUING PROFESSIONAL DEVELOPMENT OF THE MEMBERSHIP; TO MAINTAIN AND PROVIDE AN ORGANIZATION WITH HIGH STANDARDS TO FULFILL THE ABOVE PURPOSE AND REPRESENT AND SERVE THE NEEDS OF THE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SCIENTIFIC ASSEMBLY HELD EACH YEAR FOR MEMBERS TO PROVIDE CONTINUED MEDICAL EDUCATION FOR CONTINUED MEMBERSHIP AS WELL AS FOR THEIR OWN BENEFIT IN PRACTICING UP TO DATE MEDICINE WITH SEVERAL NATIONALLY KNOWN SPEAKERS ON TOPICS OF PARTICULAR INTEREST TO FAMILY PHYSICIANS FOR THE CURRENT DIAGNOSIS AND TREATMENT OF DISEASE AND ILLNESS. OVER 200 FAMILY DOCTORS IN OUR STATE ATTEND THIS THREE DAY MEETING.
MAINTENANCE OF THE WEBSITE, CONTINUATION OF QUARTERLY JOURNAL TO KEEP MEMBERS ABREAST OF ISSUES THAT ARE TIME-SENSITIVE FOR PRACTICING MEDICINE, QUARTERLY BOARD OF DIRECTORS MEETINGS TO DISCUSS ISSUES OF PERTINENCE TO THE ORGANIZATION AND ITS MEMBERS, AND HOME STUDY CME COURSES.
TRAVEL OF OUR OFFICERS AND DIRECTORS REPRESENTING OUR STATE ORGANIZATION AT NATIONAL AND REGIONAL MEETINGS TO KEEP ABREAST OF POLICY AFFECTING MEDICINE, IN PARTICULAR FAMILY MEDICINE, STATE AND NATIONALLY. TO MAINTAIN OUR ORGANIZATION'S GOALS AND OBJECTIVES OF ADVOCATING FOR FAMILY PRACTICE PHYSICIANS AND THE HEALTH OF THE PUBLIC, OFFICERS AND OTHER MEMBERS OF THE BOARD ATTEND THE NATIONAL CONGRESS OF DELEGATES OF THE AAFP, OF WHICH WE ARE VOTING MEMBERS AND CAN NOT ONLY VOTE, BUT SPEAK, ON ISSUES AFFECTING FAMILY PHYSICIANS, THEIR PATIENTS AND THE ORGANIZATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Baty DO Resident Rep | Trustee | $0 | |
Amanda Deel DO Director | Trustee | $0 | |
Bala Simon MD Past Preside | Trustee | $0 | |
Brian Bowlin MD Vice Preside | Trustee | $0 | |
Dan Knight MD Alternate De | Trustee | $0 | |
Dennis Yelvington MD Past Preside | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $230,135 |
| 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 | $230,135 |
| Total Program Service Revenue | $147,909 |
| Investment income | $6,455 |
| 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 | $386,083 |
| 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. | $72,100 |
| Compensation of current officers, directors, key employees. | $21,630 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,500 |
| Pension plan accruals and contributions | $9,884 |
| Other employee benefits | $1,560 |
| Payroll taxes | $9,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,750 |
| Fees for services: Lobbying | $54,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,281 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,927 |
| Travel | $26,921 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,087 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,890 |
| All other expenses | $86 |
| Total functional expenses | $378,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,105 |
| Savings and temporary cash investments | $575,661 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $761,766 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $761,766 |
| Total liabilities and net assets/fund balances | $761,766 |