Form 990 for tax year 2023
Filed by AMERICAN COLLEGE OF PHYSICIANS.
Totals
- Total revenue
- $316,199
- Total expenses
- $354,373
- Contributions and grants received
- $196,715
- Grants paid
- $0
- Program service revenue
- $96,585
- Investment income
- $22,899
- Other revenue
- $0
- Total assets, end of year
- $960,885
- Total liabilities, end of year
- $2,866
- Net assets or fund balances, end of year
- $958,019
- Program services expenses (Part IX)
- $351,101
- Management and general expenses
- $3,272
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $351,101
Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$196,715
-
2a · Program service revenue: MEETING INCOME
total $59,810 · related or exempt $59,810
-
2b · Program service revenue: MEDICAL PROGRAM INCOME
total $36,775 · related or exempt $36,775
-
3 · Investment income
total $22,899 · related or exempt $22,899
Functional expenses
Part IX, the statement of functional expenses.
-
13 · Office expenses
total $3,112 · management and general $3,112
-
19 · Conferences, conventions and meetings
total $108,601 · program services $108,601
-
24a · Other expenses: SHARED SERVICES
total $242,500 · program services $242,500
-
24b · Other expenses: POSTAGE & DELIVERY
total $160 · management and general $160
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151 · end of year $150
-
2 · Savings and temporary cash investments
beginning of year $213,842 · end of year $165,053
-
11 · Investments: publicly traded securities
beginning of year $631,900 · end of year $788,182
-
15 · Other assets
beginning of year $83,147 · end of year $7,500
-
17 · Accounts payable and accrued expenses
end of year $366
-
25 · Other liabilities
end of year $2,500
-
27 · Net assets without donor restrictions
beginning of year $929,040 · end of year $958,019
Mission and programs · 2023
Mission
MEDICAL EDUCATION ACTIVITIES - THE ORGANIZATION CONDUCTS MEDICAL EDUCATION PROGRAMS WHICH PROVIDE PRACTICING PHYSICIANS WITH UP-TO-DATE INFORMATION NECESSARY IN INTERNAL MEDICINE DISCIPLINE.
-
MEDICAL EDUCATION PROGRAMS/MEETINGS
Expenses $351,101 · Revenue $96,585
As filed on the 2023 return.
Listed in Part VII
-
LORETTA PONESSE
EXECUTIVE DI
- Total calculated
- $157,000
- From this org
- $0
- From related orgs
- $157,000
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- not reported + $157,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $157,000 related
-
VASUNDHARA SINGH MD FACB
BOARD MEMBER
- Total calculated
- $0
-
AMIT SAXENA MD FACP
BOARD MEMBER
- Total calculated
- $0
-
ANITA SZERSZEN DO FACP
BOARD MEMBER
- Total calculated
- $0
-
ANUSH PATEL MD FACP
BOARD MEMBER
- Total calculated
- $0
-
CAMILE GOODEN MD FACP
BOARD MEMBER
- Total calculated
- $0
-
CHRIS ELSAYAD MD FACP
BOARD MEMBER
- Total calculated
- $0
-
CORI SALVIT MD FACP
BOARD MEMBER
- Total calculated
- $0
-
DANIEL POMERANTZ MD FACP
PRESIDENT
- Total calculated
- $0
-
DANIEL MOLLOY MD FACP
BOARD MEMBER
- Total calculated
- $0
-
DONNA MORRISON MD FACP
SECRETARY
- Total calculated
- $0
-
EVAN SIAU MD FACP
BOARD MEMBER
- Total calculated
- $0
-
JOHN HALL MD FACP
TREASURER
- Total calculated
- $0
-
KELLY RAMSEY MD FACP
BOARD MEMBER
- Total calculated
- $0
-
MARIE LAMSEN MD FACP
BOARD MEMBER
- Total calculated
- $0
-
MATSUKO TAKESHIGE DO FACP
BOARD MEMBER
- Total calculated
- $0
-
MOHAMMAD SAMIH MBBS FACP
BOARD MEMBER
- Total calculated
- $0
-
OFEK HAI MD FACP
BOARD MEMBER
- Total calculated
- $0
-
PAUL KUPERSCHMID MD FACP
BOARD MEMBER
- Total calculated
- $0
-
RAZIA JAYMAN-ARISTIDE MD FACP
BOARD MEMBER
- Total calculated
- $0
-
SANJEEV GUPTA MD FACP
BOARD MEMBER
- Total calculated
- $0
-
SMITA BAKHAI MD FACP
BOARD MEMBER
- Total calculated
- $0
-
TEJAS PATEL MD FACP
BOARD MEMBER
- Total calculated
- $0
-
VALENTIN GUSET MD FACP
BOARD MEMBER
- Total calculated
- $0
-
VIREN KAUL MD FACP
BOARD MEMBER
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART III
- COMPENSATION TO DIRECTOR PAID BY RELATED ENTITY NY CHAPTER AMERICAN COLLEGE OF PHYSICIANS SERVICES INC
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202432839349301543
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