American Society Of Addiction Medicine Inc
- Assets
- $14.9m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 73
- Location
- Rockville, MD
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 13-3177396
Organization Overview
American Society Of Addiction Medicine Inc is located in Rockville, MD. The organization was established in 1986. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, American Society Of Addiction Medicine Inc employed 73 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Society Of Addiction 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 12/2021, American Society Of Addiction Medicine Inc generated $11.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $10.6m during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AWARENESS AND IMPROVE THE QUALITY OF CARE AND TREATMENT OF ADDICTIONS.
Describe the Organization's Program Activity:
EDUCATION - PROVIDE A FORUM FOR PHYSICIANS SPECIALIZING IN THE FIELD OF ADDICTION MEDICINE TO EXCHANGE IDEAS.
QUALITY AND SCIENCE - DEVELOP AND DISSEMINATE QUALITY IMPROVEMENT RESOURCES AND PROGRAMS TO ASSURE THAT PATIENTS ARE PROVIDED OPTIMAL QUALITY CARE.
ADVOCACY AND PUBLIC POLICY - ADVOCATES FOR QUALITY ADDICTION TREATMENT AS THE VOICE OF ADDICTION MEDICINE IN STATES AND ON CAPITOL HILL.
PUBLICATIONS - FOSTER KNOWLEDGE AND INTEREST IN THE FIELD OF ADDICTION MEDICINE BY PUBLISHING NEWSLETTERS, JOURNALS, AND GUIDELINES FOR ALL MEMBERS AND NON-MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Chang Evp/ceo | Officer | 40 | $364,250 |
Arlene Deverman Chief Learning Officer | Officer | 40 | $218,441 |
Carolyn Lanham Chief Operating Officer | Officer | 40 | $211,644 |
Maureen Boyle Chief Quality & Science Officer | Officer | 40 | $206,720 |
Kelly Corredor Chief Advocacy Officer | 40 | $190,676 | |
Veena Radhakrishnan Director, Learning Innovation | 40 | $156,663 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Change Companies Fulfillment Services - Asam Criteria | 12/30/21 | $310,689 |
Communication Partners International Llc Technology Support/learning Management S | 12/30/21 | $139,628 |
Mannatt Phelps & Phillips Llp Professional Fees For Toolkit For Asam C | 12/30/21 | $230,000 |
Enqbator Llc Website Maintenance And Redesign | 12/30/21 | $366,417 |
Wolters Kluwer Health Inc Fullfilment Services-jounal Of Addiction | 12/30/21 | $260,234 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,251,683 |
| All other contributions, gifts, grants, and similar amounts not included above | $436,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,688,488 |
| Total Program Service Revenue | $8,490,754 |
| Investment income | $333,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,113,322 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $67,893 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,753,253 |
| 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. | $2,196,020 |
| Compensation of current officers, directors, key employees. | $748,729 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,264,903 |
| Pension plan accruals and contributions | $253,022 |
| Other employee benefits | $325,100 |
| Payroll taxes | $331,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,757 |
| Fees for services: Accounting | $113,817 |
| Fees for services: Lobbying | $300,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,787 |
| Fees for services: Other | $1,532,077 |
| Advertising and promotion | $65,090 |
| Office expenses | $8,665 |
| Information technology | $445,535 |
| Royalties | $0 |
| Occupancy | $407,996 |
| Travel | $36,088 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $537,421 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,760 |
| Insurance | $60,523 |
| All other expenses | $68,232 |
| Total functional expenses | $10,610,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $901,822 |
| Savings and temporary cash investments | $491,570 |
| Pledges and grants receivable | $31,400 |
| Accounts receivable, net | $461,740 |
| 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 | $90,387 |
| Net Land, buildings, and equipment | $460,806 |
| Investments—publicly traded securities | $12,396,810 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,367 |
| Total assets | $14,944,902 |
| Accounts payable and accrued expenses | $857,436 |
| Grants payable | $0 |
| Deferred revenue | $1,718,769 |
| 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 | $7,507 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $618,091 |
| Total liabilities | $3,201,803 |
| Net assets without donor restrictions | $6,399,195 |
| Net assets with donor restrictions | $5,343,904 |
| 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 | $14,944,902 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Society Of Addiction Medicine Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
William And Joanne Moeller Foundation Scottsdale, AZ PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $4,950,473 |
| Earnings | $492,999 |
| Net Contributions | $94,940 |
| Other Expense | $194,508 |
| Ending Balance | $5,343,904 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Med-Project Usa Washington, DC | $57,856,308 | $32,742,849 |
Westbrook Health Services Inc Parkersburg, WV | $14,951,320 | $27,849,494 |
National Capital Treatment And Recovery Arlington, VA | $11,789,522 | $18,668,455 |
Firetree Ltd Williamsport, PA | $43,848,366 | $18,939,182 |
Powell Recovery Center Inc Baltimore, MD | $21,035,020 | $19,112,865 |
Qlarant Quality Solutions Inc Easton, MD | $21,232,602 | $16,783,383 |
Pmhcc Ctt Inc Philadelphia, PA | $6,449,646 | $14,623,846 |
Turning Point Baltimore, MD | $4,978,526 | $9,807,929 |
American Society Of Addiction Medicine Inc Rockville, MD | $14,944,902 | $11,753,253 |
Gaudenzia Drc Inc Philadelphia, PA | $2,804,260 | $7,764,450 |
Bucks County Drug And Alcohol Commission Inc Doylestown, PA | $2,860,388 | $9,030,569 |
Council On Chemical Abuse Inc Reading, PA | $3,455,202 | $7,706,067 |