American College Of Physicians is located in Austin, TX. The organization was established in 1977. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American College Of Physicians 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 06/2021, American College Of Physicians generated $749.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $498.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. 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
PROMOTE QUALITY HEALTH CARE FOR ALL TEXANS BY STRENGTHENING THE PRACTICE OF INTERNAL MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO MEDICAL STUDENTS - WE PROVIDE ASSISTANCE IN THEIR EDUCATION AND THIS INCREASES THEIR OPPORTUNITY TO BECOME PHYSICIANS. CONTRACT WITH TEXAS HIGHER EDUCATION COORDINATING BOARD - WE OPERATE A GENERAL INTERNAL MEDICINE STATEWIDE PRECEPTORSHIP PROGRAM.
MEETINGS PROVIDE CONTINUING EDUCATION OPPORTUNITIES TO MEMBERS AND ASSOCIATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Berggren MD President | OfficerTrustee | 5 | $0 |
M Tarek Naguib MD Secretary-Treasurer | OfficerTrustee | 5 | $0 |
Julia Andrieni MD President-Elect | OfficerTrustee | 5 | $0 |
Cynthia Jumper MD Past President | OfficerTrustee | 1 | $0 |
Nicole Abbott Executive Director | Officer | 40 | $0 |
Abhizith Deoker Director | Trustee | 1 | $0 |
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 | $545,881 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $545,881 |
Total Program Service Revenue | $198,062 |
Investment income | $5,920 |
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 | $749,863 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $102,100 |
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 | $324,582 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,409 |
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 | $15,490 |
Information technology | $7,401 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $46,530 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,098 |
All other expenses | $0 |
Total functional expenses | $498,610 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $426,416 |
Savings and temporary cash investments | $219,431 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,000 |
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 | $655,847 |
Accounts payable and accrued expenses | $6,957 |
Grants payable | $0 |
Deferred revenue | $600 |
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 | $7,557 |
Net assets without donor restrictions | $648,290 |
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 | $655,847 |
Over the last fiscal year, we have identified 1 grants that American College Of Physicians has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Texas Health Resources Foundation Arlington, TX | | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Arkansas Foundation For Medical Care Inc Fort Smith, AR | $38,817,634 | $50,008,157 |
American College Of Emergency Physicians Dallas, TX | $49,367,676 | $34,228,137 |
Texas Medical Association Austin, TX | $65,833,540 | $26,009,481 |
American Society Of Radiologic Technologists Albuquerque, NM | $88,784,741 | $27,111,728 |
Texas Hospital Association Austin, TX | $43,054,266 | $12,318,652 |
American Academy Of Nurse Practitioners National Austin, TX | $57,378,377 | $17,128,839 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |
American Academy Of Family Physicians Austin, TX | $11,091,326 | $3,771,069 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |