American Academy Of Emergency Medicine Inc
- Assets
- $5.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3697887
Organization Overview
American Academy Of Emergency Medicine Inc is located in Milwaukee, WI. The organization was established in 2009. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Emergency Medicine Inc 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 Emergency Medicine Inc generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
THE AMERICAN ACADEMY OF EMERGENCY MEDICINE (AAEM) IS THE SPECIALTY SOCIETY OF EMERGENCY MEDICINE. AAEM IS A DEMOCRATIC ORGANIZATION COMMITTED TO THE FOLLOWING PRINCIPLES:EVERY INDIVIDUAL SHOULD HAVE UNENCUMBERED ACCESS TO QUALITY EMERGENCY CARE PROVIDED BY A SPECIALIST IN EMERGENCY MEDICINE.THE PRACTICE OF EMERGENCY MEDICINE IS BEST CONDUCTED BY A SPECIALIST IN EMERGENCY MEDICINE.A SPECIALIST IN EMERGENCY MEDICINE IS A PHYSICIAN WHO HAS ACHIEVED, THROUGH PERSONAL DEDICATION AND SACRIFICE, CERTIFICATION BY EITHER THE AMERICAN BOARD OF EMERGENCY MEDICINE (ABEM) OR THE AMERICAN OSTEOPATHIC BOARD OF EMERGENCY MEDICINE (AOBEM).THE PERSONAL AND PROFESSIONAL WELFARE OF THE INDIVIDUAL SPECIALIST IN EMERGENCY MEDICINE IS A PRIMARY CONCERN TO THE AAEM.THE ACADEMY SUPPORTS FAIR AND EQUITABLE PRACTICE ENVIRONMENTS NECESSARY TO ALLOW THE SPECIALIST IN EMERGENCY MEDICINE TO DELIVER THE HIGHEST QUALITY OF PATIENT CARE. SUCH AN ENVIRONMENT INCLUDES PROVISIONS FOR DUE PROCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC ASSEMBLY - THE ORGANIZATION HELD ITS 27TH ANNUAL SCIENTIFIC ASSEMBLY IN ST. LOUIS, MO IN JUNE 2021. THIS WAS A HYBRID EVENT OFFERING BOTH IN-PERSON AND VIRTUAL ATTENDANCE. THE SCIENTIFIC ASSEMBLY IS THE ORGANIZATION'S YEARLY ANNUAL CONFERENCE DESIGNED TO OFFER CONTINUING MEDICAL EDUCATION CREDIT TO ALL ATTENDING PHYSICIANS. THE SCIENTIFIC ASSEMBLY PERPETUALLY AIMS TO ADVANCE EMERGENCY MEDICINE FOR THE CLINICIAN AND PROUDLY BE THE PREMIER CLINICAL CONFERENCE IN THE EMERGENCY MEDICINE SPECIALTY.
SPRING & FALL ORAL BOARD REVIEW COURSES - THE ORGANIZATION HOLDS MULTIPLE COURSES EACH SPRING AND FALL FOR EMERGENCY MEDICINE PRACTICES PREPARING TO TAKE THE AMERICAN BOARD OF EMERGENCY MEDICINE (ABEM) OR THE AMERICAN OSTEOPATHIC BOARD OF EMERGENCY MEDICINE (AOBEM) ORAL BOARD EXAMINATION.
THE JOURNAL OF EMERGENCY MEDICINE (JEM) - JEM IS THE OFFICIAL JOURNAL OF THE AMERICAN ACADEMY OF EMERGENCY MEDICINE (AAEM). JEM IS AN INTERNATIONAL, PEER-REVIEWED PUBLICATION FEATURING ORIGINAL CONTRIBUTIONS OF INTEREST TO BOTH THE ACADEMIC AND PRACTICING EMERGENCY PHYSICIAN. JEM INCLUDES RESEARCH PAPERS AND CLINICAL STUDIES AS WELL AS ARTICLES FOCUSING ON THE TRAINING OF EMERGENCY PHYSICIANS AND ON THE PRACTICE OF EMERGENCY MEDICINE.
AAEM'S OTHER PRIMARY PROGRAM'S INCLUDE THE WRITTEN BOARD REVIEW COURSE, MEMBERSHIP NEWSLETTERS, AND THE ACTIVITIES OF AAEM RSA, AAEM PG, & THE AAEM STATE CHAPTERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Moreno-Walton MD Ms Mscr President | OfficerTrustee | 25 | $50,000 |
David A Farcy MD Faaem Fccm Immediate Past President | OfficerTrustee | 5 | $0 |
Jonathan S Jones MD President - Elect | OfficerTrustee | 5 | $0 |
Robert Frolichstein MD Secretary - Treasurer | OfficerTrustee | 5 | $0 |
William Durkin Jr MD MBA Past President's Council R | OfficerTrustee | 5 | $0 |
Bruce Lo MD MBA Rdms Faaem Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,923,112 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,979,043 |
| Total Program Service Revenue | $1,152,312 |
| Investment income | $45,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $221,561 |
| 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 | $2,344 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,404,237 |
| 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. | $50,000 |
| 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 | $1,240,520 |
| Fees for services: Legal | $155,300 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,391 |
| Fees for services: Other | $0 |
| Advertising and promotion | $46,020 |
| Office expenses | $287,873 |
| Information technology | $173,140 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $151,784 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $431,708 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,427 |
| Insurance | $21,566 |
| All other expenses | $28,206 |
| Total functional expenses | $3,176,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $889,044 |
| Savings and temporary cash investments | $1,366,332 |
| Pledges and grants receivable | $80,861 |
| Accounts receivable, net | $340,537 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $36,533 |
| Inventories for sale or use | $18,440 |
| Prepaid expenses and deferred charges | $240,573 |
| Net Land, buildings, and equipment | $50,178 |
| Investments—publicly traded securities | $2,204,465 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,226,963 |
| Accounts payable and accrued expenses | $98,804 |
| Grants payable | $0 |
| Deferred revenue | $1,698,653 |
| 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 | $1,797,457 |
| Net assets without donor restrictions | $3,050,639 |
| Net assets with donor restrictions | $378,867 |
| 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 | $5,226,963 |
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|---|---|---|
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Southwest Initiative Foundation Hutchinson, MN | $108,678,960 | $12,722,630 |
Julie Inc Joliet, IL | $17,181,914 | $10,586,687 |
International Accreditation Service Inc Country Club Hills, IL | $30,369,423 | $13,023,651 |
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Better Business Bureau Of Chicago And Northern Illinois Inc Chicago, IL | $9,345,951 | $7,242,725 |
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Midwest Minnesota Community Development Corporation Detroit Lakes, MN | $81,373,559 | $8,284,111 |
Chicago Minority Supplier Development Council Inc Chicago, IL | $1,146,742 | $3,861,380 |
The International Joint Commission On Allied Health Personnel In Opht St Paul, MN | $4,513,334 | $4,493,708 |