American Academy Of Family Physicians
- Assets
- $354.4k
- Revenue
- $220.6k
- Investments
- $260.2k
- Employees
- 1
- Location
- Boise, ID
- Founding
- 02/1950
- Data as of
- 12/2021
- EIN
- 23-7014787
Organization Overview
American Academy Of Family Physicians is located in Boise, ID. 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 $220.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $166.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 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
ADVOCATE FOR IDAHO FAMILY PHYSICIANS, EDUCATE MEMBERS ON HEALTH POLICY ISSUES AND PROVIDE CONTINUING EDUCATION, PROMOTE THE UNDERSTANDING OF OUR SPECIALTY AS THE FOUNDATION OF A HIGHER PERFORMING HEALTH SYSTEM, AND FACILITATE STUDENT INTEREST AND RECRUITMENT OF FAMILY PHYSICIANS TO IDAHO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE IAFP HELD A VIRTUAL LEGISLATIVE RECEPTION WHERE WE SHARED INFORMATION ABOUT THE BENEFITS OF GRADUATE MEDICAL EDUCATION IN IDAHO. WE ALSO PROVIDED EDUCATION AND OUTREACH TO LEGISLATORS ABOUT THE IMPORTANCE OF EQUITABLE REIMBURSEMENT FOR VIRTUAL HEALTHCARE. WE DEVELOPED CONTENT AND INFORMATION ABOUT THE IMPORTANCE OF PUBLIC HEALTH POLICES DURING THE PANDEMIC AND ISSUED 3 OP-EDS THAT WERE FEATURED IN THE MEDIA ON THIS TOPIC.
IN THE SPRING OF 2021, WE HELD OUR FIRST EVER VIRTUAL ANNUAL CONFERENCE FOR OUR MEMBERS. WE OFFERED 13 CONTINUING MEDICAL EDUCATION (CME CREDITS) OVER TWO DAYS AND WITH ~70 MEMBERS IN ATTENDANCE. THROUGHOUT THE SUMMER AND FALL WE OFFERED AN EVENING CME SERIES ONLINE AND A VIRTUAL KNOWLEDGE SELF-ASSESSMENT. WE CONTINUED TO PROMOTE PHYSICIAN WORKFORCE DEVELOPMENT IN IDAHO THROUGH PROGRAMS DESIGNED FOR PREMEDICAL STUDENTS, MEDICAL STUDENTS, AND FAMILY MEDICINE RESIDENTS. THE IAFP GAVE PRESENTATIONS TO WWAMI MEDICAL STUDENTS ONLINE AND HELD VIRTUAL MEETINGS WITH EVERY FAMILY MEDICINE RESIDENCY IN THE STATE. WE PROVIDED FIVE SCHOLARSHIPS TO MEDICAL STUDENTS TO ATTEND THE AAFPS NATIONAL CONFERENCE AND PASSED A RESOLUTION ON VIRTUAL CARE AT THE AAFPS CONGRESS OF DELEGATES. WE ALSO PRODUCED A BROCHURE AND A VIDEO ABOUT GRADUATE MEDICAL EDUCATION. WE ISSUED A QUARTERLY HARD COPY JOURNAL, SENT TWICE MONTHLY ENEWS COMMUNICATIONS, AND REBUILT AND UPDATED OUR WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Elizabeth Woodruff Exec Director | Officer | 40 | $85,208 |
Angie Devitt MD Treasurer | OfficerTrustee | 1 | $0 |
Suzanna Hubele MD President | OfficerTrustee | 2 | $0 |
Crystal Pyrak MD Director | Trustee | 0.5 | $0 |
Scott Dunn MD Delegate | Trustee | 0.5 | $0 |
Mary Baringa MD Delegate | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $207,322 |
| Investment income | $6,540 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $398 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,608 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,208 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,600 |
| Other employee benefits | $6,994 |
| Payroll taxes | $8,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,925 |
| Fees for services: Accounting | $5,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,167 |
| Information technology | $3,849 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $1,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,921 |
| Interest | $20 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,140 |
| All other expenses | $65 |
| Total functional expenses | $166,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,084 |
| Savings and temporary cash investments | $12,103 |
| 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 | $0 |
| Investments—other securities | $260,207 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $354,394 |
| Accounts payable and accrued expenses | $458 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $458 |
| Net assets without donor restrictions | $353,936 |
| 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 | $354,394 |
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