American College Of Physicians Inc

Organization Overview

American College Of Physicians Inc is located in Philadelphia, PA. 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. As of 06/2021, American College Of Physicians Inc employed 327 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American College Of Physicians 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 06/2020, American College Of Physicians Inc generated $66.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $66.8m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

JOURNALS AND PUBLICATIONS: ACP PUBLISHES ANNALS OF INTERNAL MEDICINE TWICE-MONTHLY, THE TOP PEER-REVIEWED INTERNAL MEDICINE JOURNAL IN THE WORLD. ACP JOURNAL CLUB SUMMARIZES THE MOST IMPORTANT MEDICAL ARTICLES FROM MORE THAN 100 JOURNALS. ACP INTERNIST IS AN AWARD-WINNING SEMI-MONTHLY NEWSPAPER FOR INTERNISTS, WHILE ACP HOSPITALIST IS WRITTEN FOR INTERNISTS IN HOSPITAL PRACTICE.


EDUCATION & INFORMATION: ACP PROVIDES EVIDENCE-BASED EDUCATIONAL RESOURCES FOR PHYSICIANS AND OFFERS MANY CONTINUING MEDICAL EDUCATION OPPORTUNITIES. ACP'S ANNUAL SCIENTIFIC MEETING, INTERNAL MEDICINE 2021, WAS CONDUCTED REMOTELY AND WAS SUCCESSFUL, IN APRIL DUE TO THE COVID PANDEMIC. A PLANNED HYBRID (REMOTE/IN-PERSON) MEETING IS PLANNED FOR 2022. NORMALLY APPROXIMATELY 6,000 PHYSICIANS ATTEND THIS MEETING IN PERSON. ACP'S MEDICAL KNOWLEDGE SELF-ASSESSMENT PROGRAM (MKSAP), NOW IN ITS 20TH EDITION, IS THE TOP SELLING SELF-ASSESSMENT CURRICULUM AMONG INTERNISTS. MKSAP PROVIDES INTERNISTS AN OPPORTUNITY TO TEST THEIR CLINICAL KNOWLEDGE AND COMPARE THEIR RESULTS AGAINST NATIONAL AVERAGES. ADDITIONALLY, ACP OFFERS BOARD REVIEW COURSES; RECERTIFICATION COURSES AND RESOURCES; AND HOSTS OVER 100 REGIONAL EDUCATIONAL MEETINGS. ACP PRODUCES EVIDENCE-BASED CLINICAL PRACTICE GUIDELINES THAT FOLLOW A RIGOROUS DEVELOPMENT PROCESS AND ARE BASED ON THE HIGHEST QUALITY SCIENTIFIC EVIDENCE. THE GUIDELINES COVER MANY AREAS OF INTERNAL MEDICINE, INCLUDING SCREENING FOR CANCER AND OTHER MAJOR DISEASES, DIAGNOSIS, TREATMENT AND MEDICAL TECHNOLOGY. ACP HELPS INTERNAL MEDICINE PRACTICES ACHIEVE QUALITY PERFORMANCE IN TODAY'S COMPLEX HEALTH CARE ENVIRONMENT. THE ORGANIZATION OFFERS WRITTEN GUIDES, PRACTICE MANAGEMENT TOOLS, AND CUSTOMIZED ADVICE.


MEMBERSHIP: WITH 159,000 MEMBERS, ACP IS THE LARGEST MEDICAL SPECIALTY ORGANIZATION AND SECOND-LARGEST PHYSICIAN GROUP IN THE U.S. LEVELS OF ACP MEMBERSHIP ARE MEDICAL STUDENT, RESIDENT FELLOW, MEMBER, FELLOW ("FACP"), HONORARY FELLOW, AND MASTER ("MACP"). FELLOWSHIP RECOGNIZES PHYSICIANS' PERSONAL ACHIEVEMENTS IN INTERNAL MEDICINE. ACP MASTERS ARE SELECTED FOR OUTSTANDING CONTRIBUTIONS TO MEDICINE.


ADVOCACY & PUBLIC POLICY


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,248,130
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$519,767
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,767,897
Total Program Service Revenue$31,822,006
Investment income $2,468,447
Tax Exempt Bond Proceeds $0
Royalties $5,140,877
Net Rental Income -$499,068
Net Gain/Loss on Asset Sales $544,134
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,810,188

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American College Of Physicians Inc has recieved totaling $2,747.

Awarding OrganizationAmount
Dr Bhorade Family Foundation

Elmhurst, IL

PURPOSE: MEDICAL EDUCATIONAL PURPOSES

$2,000
Skylight Foundation Inc

New York, NY

PURPOSE: CHARITABLE PURPOSE

$680
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$67
View Grant Recipient Profile

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