American College Of Allergy & Immunology
- Assets
- $36.5m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 11/1944
- Data as of
- 12/2020
- EIN
- 84-0457367
Organization Overview
American College Of Allergy & Immunology is located in Arlington Heights, IL. The organization was established in 1944. According to its NTEE Classification (G60) the organization is classified as: Allergy-Related Diseases, 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 Allergy & Immunology 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 12/2020, American College Of Allergy & Immunology generated $7.4m 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 (5.0%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American College Of Allergy & Immunology has awarded 27 individual grants totaling $1,158,752. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EXCELLENCE IN THE PRACTICE OF THE SUBSPECIALTY OF ALLERGY AND IMMUNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION OF THE ANNALS OF ALLERGY, ASTHMA & IMMUNOLOGY, WHICH IS THE OFFICIAL JOURNAL OF THE COLLEGE. TOTAL MEMBER SUBSCRIPTIONS APPROXIMATED 3,588.
THE COLLEGE SPONSORS AN ANNUAL CONVENTION. THE PURPOSE OF THE CONVENTION WAS EDUCATIONAL IN NATURE AND WORKSHOPS AND SESSIONS WERE GIVEN TO ENABLE PARTICIPANTS TO LEARN THE LATEST DEVELOPMENTS IN THE FIELD OF ALLERGY, ASTHMA AND IMMUNOLOGY. APPROXIMATELY 1,285 PARTICIPANTS, INCLUDING 849 PHYSICIANS ATTENDED THE 2021 CONVENTION WHICH WAS HELD VIRTUALLY.
THE COLLEGE SPONSORS NATIONWIDE ASTHMA SCREENING PROGRAMS. ALLERGISTS CONDUCT THE FREE SCREENINGS FOR ADULTS AND CHILDREN AT MORE THAN 200 SITES ACROSS THE COUNTRY. MOST SCREENINGS TAKE PLACE IN MAY, WHICH IS NATIONAL ASTHMA AND ALLERGY AWARENESS MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gailen D Marshall Jr MD PHD Vice President Eff 12/21 | Trustee | 10 | $97,500 |
Michael S Blaiss MD Executive Medical Director | Officer | 20 | $90,000 |
Luz S Fonacier MD Immediate Past President | OfficerTrustee | 10 | $37,000 |
Mark L Corbett MD President Eff 12/21 | OfficerTrustee | 10 | $25,000 |
Kathleen May MD President Elect | Officer | 10 | $25,000 |
Kevin R Murphy MD Regent | Trustee | 6 | $7,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elsevier Inc Member Journal Subcriptions | 12/30/21 | $413,614 |
Encore Audio/visual Services | 12/30/21 | $759,848 |
Executive Administration Inc Management Services | 12/30/21 | $3,447,425 |
Ernest N Morial Convention Center 2021 Ann Mtg Convention Center | 12/30/21 | $335,799 |
New Orleans Destination Mgmt Llc (Pra) 2021 Ann Mtg Hotel | 12/30/21 | $265,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,222,368 |
| Investment income | $629,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $571,687 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $569,232 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,376,427 |
| Statement of Expenses | |
|---|---|
| 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. | $757,608 |
| 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 | $3,293,200 |
| Fees for services: Legal | $19,017 |
| Fees for services: Accounting | $54,100 |
| 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 | $487,854 |
| Information technology | $377,037 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $147,741 |
| Interest | $0 |
| Payments to affiliates | $172,540 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $49,537 |
| All other expenses | $0 |
| Total functional expenses | $6,398,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,646,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,689 |
| 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 | $257,238 |
| Investments—publicly traded securities | $34,039,081 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $420,755 |
| Other assets | $0 |
| Total assets | $36,526,631 |
| Accounts payable and accrued expenses | $247,327 |
| Grants payable | $0 |
| Deferred revenue | $1,651,536 |
| 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 | $1,898,863 |
| 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 |
| Total liabilities and net assets/fund balances | $34,627,768 |
Grants Awarded
Over the last fiscal year, American College Of Allergy & Immunology has awarded $130,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALLERGY AND ASTHMA NETWORK PURPOSE: CONTRIBUTION | $100,000 |
West Chester, OH PURPOSE: CONTRIBUTION | $20,000 |
Arlington, VA PURPOSE: CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bd Of Emergency Medicine East Lansing, MI | $44,767,678 | $20,372,727 |
Cleveland University-Kansas City Overland Park, KS | $43,651,008 | $22,055,355 |
Good Shepherd Geriatric Center Inc Mason City, IA | $49,080,316 | $22,498,287 |
Mary Free Bed Orthotics And Prosthetics Grand Rapids, MI | $19,898,229 | $18,562,852 |
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
American Board Of Psychiatry And Neurology Inc Deerfield, IL | $183,693,828 | $29,385,701 |
Parents As Teachers National Center Inc St Louis, MO | $23,159,778 | $18,168,928 |
American Academy Of Sleep Medicine Darien, IL | $108,922,365 | $16,695,981 |
American College Of Chest Physicians Glenview, IL | $44,983,631 | $16,629,705 |
Dallas Lighthouse For The Blind Inc Wichita, KS | $32,560,477 | $11,748,345 |
Families Of Sma Elk Grove Village, IL | $11,297,459 | $15,022,219 |
Chicago House And Social Service Agency Chicago, IL | $6,194,238 | $16,845,150 |