Association For The Advancement Of Automotive Medicine Inc
- Assets
- $1.7m
- Revenue
- $774.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1967
- Data as of
- 12/2020
- EIN
- 91-6072386
Organization Overview
Association For The Advancement Of Automotive Medicine Inc is located in Chicago, IL. The organization was established in 1967. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For The Advancement Of Automotive Medicine Inc 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, Association For The Advancement Of Automotive Medicine Inc generated $774.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $881.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AAAM ENCOURAGES AND PROMOTES ROAD TRANSPORT SAFETY. SEE PART III FOR ADDITIONAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIALIZED COURSES/SEMINARS - EDUCATION ON INJURY SCALING, CRASH INVESTIGATION AND OTHER SPECIALIZED AREAS; DEVELOPMENT OF POLICY/PUBLIC INFORMATION. THERE WERE 521 IN PERSON PARTICIPANTS AND 391 ONLINE PARTICIPANTS FOR INJURY SCALING COURSES.
SALE OF PUBLICATIONS AND AIS DICTIONARIES.
ANNUAL CONFERENCE - ANNUAL SCIENTIFIC MEETINGS SERVE AS THE ONLY MEDICAL AND ENGINEERING FORUM ON HIGHWAY SAFETY. 106 PEOPLE ATTENDED THE ANNUAL CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francisco J Lopez-Valdes President | OfficerTrustee | 5 | $0 |
Marilyn J Bull Immed Past Pres | OfficerTrustee | 1 | $0 |
Federico E Vaca President-Elect | OfficerTrustee | 1 | $0 |
Sjaan Koppel Secretary | OfficerTrustee | 2 | $0 |
R Shayn Martin Treasurer | OfficerTrustee | 3 | $0 |
Amanda M Agnew Director | Trustee | 1 | $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 | $26,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,000 |
| Total Program Service Revenue | $692,155 |
| Investment income | $36,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,357 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $774,670 |
| 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 | $181,795 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,670 |
| Advertising and promotion | $0 |
| Office expenses | $28,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,625 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,111 |
| All other expenses | $21,388 |
| Total functional expenses | $881,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,177 |
| 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 | $15,733 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,578,664 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,712,574 |
| Accounts payable and accrued expenses | $26,343 |
| Grants payable | $0 |
| Deferred revenue | $55,660 |
| 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 | $82,003 |
| Net assets without donor restrictions | $1,580,571 |
| Net assets with donor restrictions | $50,000 |
| 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 | $1,712,574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Tavern League Foundation Inc Middleton, WI | $667,257 | $724,325 |
Association For The Advancement Of Automotive Medicine Inc Chicago, IL | $1,712,574 | $774,670 |
Illinois High School And College Driver Education Association Burlington, IL | $52,919 | $0 |
Iowa Racing Association - 515 Racing Bondurant, IA | $0 | $0 |
United States Auto Club Benevolent Association Brownsburg, IN | $1,164,374 | $127,196 |
Higher Power Garage Joplin, MO | $10,147 | $0 |
Revolve Kansas City, MO | $56,224 | $0 |
Kidz In Motion Inc Madison, WI | $78,184 | $0 |
Wisconsin Tavern League Foundation Inc Oshkosh, WI | $116,234 | $0 |
Cycling Kansas City Inc Kansas City, MO | $43,442 | $0 |
Kentucky Operation Lifesaver Inc Louisville, KY | $45,432 | $0 |
Safelight Foundation Chicago, IL | $122,820 | $0 |