American Association For Respiratory Care
- Assets
- $52.1m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 45
- Location
- Irving, TX
- Founding
- 12/1970
- Data as of
- 12/2021
- EIN
- 95-2501102
Organization Overview
American Association For Respiratory Care is located in Irving, TX. The organization was established in 1970. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, American Association For Respiratory Care employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association For Respiratory Care 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 Association For Respiratory Care generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $7.9m during the year ending 12/2021. While expenses have increased by 0.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTINUE TO BE THE LEADING NATIONAL AND INTERNATIONAL PROFESSIONAL ASSN FOR RESPIRATORY CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEMBERSHIP SERVICES, CONVENTIONS AND MEETINGS TOGIVE ITS MEMBERS THE MOST CURRENT INFORMATION ANDDEVELOPMENTS IN THE RESPIRATORY CARE FIELD.
SUPPORT OTHER ORGANIZATIONS THAT CONDUCT ACTIVITIES FOR THEADVANCEMENT OF RESPIRATORY CARE.
PROVIDE DISASTER RELIEF TO INDIVIDUAL MEMBERS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Divis Former Executive Director | Officer | 40 | $280,088 |
Doug Laher COO | Officer | 40 | $200,806 |
Anne Hummell Govt Liason | Officer | 40 | $182,166 |
Tom Kallstrom Former Executive Director | Officer | 0 | $168,923 |
Sam Giordano Interim Executive Director | Officer | 40 | $125,000 |
Ada Morton VP Accounting | Officer | 40 | $104,247 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salmon Sims Thomas & Associates Pllc Accounting Services | 12/30/21 | $434,180 |
Protech Associates It/software Services | 12/30/21 | $230,706 |
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 | $69,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,571 |
| Total Program Service Revenue | $4,676,002 |
| Investment income | $460,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $124,442 |
| Net Rental Income | $112,243 |
| Net Gain/Loss on Asset Sales | $1,533,550 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $143,989 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,759,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $297,080 |
| Grants and other assistance to domestic individuals. | $96,707 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,147,604 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,857,628 |
| Pension plan accruals and contributions | $170,817 |
| Other employee benefits | $435,305 |
| Payroll taxes | $215,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,425 |
| Fees for services: Accounting | $457,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $211,328 |
| Fees for services: Other | $753,680 |
| Advertising and promotion | $138,314 |
| Office expenses | $455,107 |
| Information technology | $51,558 |
| Royalties | $27,881 |
| Occupancy | $193,052 |
| Travel | $81,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $756 |
| Interest | $0 |
| Payments to affiliates | $612,557 |
| Depreciation, depletion, and amortization | $416,223 |
| Insurance | $39,759 |
| All other expenses | $0 |
| Total functional expenses | $7,865,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,758,670 |
| Savings and temporary cash investments | $4,439,281 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,440,977 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,861 |
| Prepaid expenses and deferred charges | $336,713 |
| Net Land, buildings, and equipment | $2,513,132 |
| Investments—publicly traded securities | $26,017,816 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,594,546 |
| Total assets | $52,111,996 |
| Accounts payable and accrued expenses | $756,469 |
| Grants payable | $0 |
| Deferred revenue | $1,255,456 |
| 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 | $2,000 |
| Other liabilities | $0 |
| Total liabilities | $2,013,925 |
| Net assets without donor restrictions | $49,767,789 |
| Net assets with donor restrictions | $330,282 |
| 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 | $52,111,996 |
Grants Awarded
Over the last fiscal year, American Association For Respiratory Care has awarded $54,470 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Irving, TX PURPOSE: SUPPORT RESPIRATORY CARE RESEARCH & EDUCATION | $29,470 |
TELEFLEX PURPOSE: SUPPORT RESPIRATORY CARE RESEARCH & EDUCATION | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Association For Respiratory Care has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
American Respiratory Care Foundation Irving, TX PURPOSE: GRANT | $50,000 |
Endowment Analysis
| Beg. Balance | $1,210,667 |
| Net Contributions | $5,051,121 |
| Other Expense | $448,120 |
| Ending Balance | $5,813,668 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Respiratory Care Irving, TX | $52,111,996 | $8,759,792 |
Society Of Diagnostic Medical Sonography Plano, TX | $6,218,487 | $5,007,228 |
American College Of Osteopathic Obstetricians And Gynecologists Fort Worth, TX | $4,155,104 | $2,280,125 |
Texas Society Of Anesthesiologists Austin, TX | $6,743,972 | $1,200,390 |
Osteopathic Founders Foundation Tulsa, OK | $21,885,947 | $700,462 |
Asrt Foundation Albuquerque, NM | $9,159,409 | $1,220,776 |
American Pediatric Society Inc The Woodlands, TX | $3,264,281 | $1,098,222 |
The American Society For Neurochemistry Houston, TX | $640,000 | $312,828 |
Texas Chapter Of The American College Of Cardiology Austin, TX | $645,111 | $318,783 |
International Association Of Medical Regulatory Authorities Inc Euless, TX | $330,630 | $202,170 |
Texas Podiatric Medical Foundation Wimberley, TX | $235,129 | $156,355 |
Austin Black Physicians Association Inc Austin, TX | $138,833 | $0 |