American Academy Of Family Physicians is located in Bloomfield, CT. 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. 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 12/2021, American Academy Of Family Physicians generated $202.9k 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 (24.2%) each year. All expenses for the organization totaled $185.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.2%) 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
TO PROMOTE EXCELLENCE IN HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SYMPOSIUM: DISSEMINATED INFORMATION ON CURRENT DEVELOPMENTS IN FAMILY MEDICINE AND OPPORTUNITY FOR MEMBERS TO MEET AND EXCHANGE IDEAS.
MEETINGS, SEMINARS, WORKSHOPS AND SELF ASSESSED HOME STUDY PROGRAMS: PROVIDED FOR THE CONTINUING EDUCATION OF FAMILY PHYSICIANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emmanuel Kenta-Bibi MD President | OfficerTrustee | 0.5 | $0 |
Kathy Mueller MD President Elect | OfficerTrustee | 0.5 | $0 |
Khuram Ghumman Treasurer | OfficerTrustee | 0.5 | $0 |
Timothy Fignar MD Immediate Past President | OfficerTrustee | 0.5 | $0 |
Yadira Acevedo MD Secretary | OfficerTrustee | 0.5 | $0 |
Rochelle Collins DO Director | Trustee | 0.5 | $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 | $8,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
Total Program Service Revenue | $171,225 |
Investment income | $23,176 |
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 | $202,898 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,795 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $96,500 |
Advertising and promotion | $0 |
Office expenses | $3,200 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,020 |
Travel | $20 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $32,593 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,365 |
All other expenses | $0 |
Total functional expenses | $185,675 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,099 |
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 | $0 |
Investments—publicly traded securities | $596,116 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $624,215 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $40,428 |
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 | $40,428 |
Net assets without donor restrictions | $583,787 |
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 | $624,215 |
Organization Name | Assets | Revenue |
---|---|---|
Medical Academic And Scientific Community Organization Inc Boston, MA | $71,409,307 | $30,389,290 |
Massachusetts Nurses Association Canton, MA | $15,341,722 | $21,633,251 |
Massachusetts Health & Hospital Assoc Inc Burlington, MA | $18,521,791 | $10,974,960 |
N H C C Medical Associates Inc Newport, RI | $442,975 | $8,120,804 |
Connecticut Hospital Association Inc & Affiliates Wallingford, CT | $20,376,618 | $10,735,493 |
Massachusetts Dental Society Southborough, MA | $16,206,849 | $7,845,632 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
Coastal Medical Associates Inc South Weymouth, MA | $4,039,266 | $5,719,679 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |
Massachusetts Senior Care Association Inc Easton, MA | $2,585,686 | $3,605,157 |
National Student Nurses Association Brooklyn, NY | $3,483,994 | $2,719,643 |