Form 990 for tax year 2022
Filed by ACOFP EDUCATIONAL AND RESEARCH.
Totals
- Total revenue
- $317,155
- Total expenses
- $538,340
- Contributions and grants received
- $256,629
- Grants paid
- $252,630
- Program service revenue
- $0
- Investment income
- $60,526
- Other revenue
- $0
- Total assets, end of year
- $2,309,072
- Total liabilities, end of year
- $5,870
- Net assets or fund balances, end of year
- $2,303,202
- Program services expenses (Part IX)
- $304,064
- Management and general expenses
- $150,228
- Fundraising expenses
- $84,048
- Program service expenses (Part III)
- $304,064
Program services were 56.5% 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.
-
1f · All other contributions, gifts and grants
$256,629
-
3 · Investment income
total $32,167 · excluded $32,167
-
7a · Gross sales of assets other than inventory
securities $300,726
-
7b · Less cost or other basis and sales expenses
securities $272,367
-
7c · Gain or loss
securities $28,359
-
7d · Net gain or loss
total $28,359 · excluded $28,359
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $93,900 · program services $93,900
-
2 · Grants to domestic individuals
total $158,730 · program services $158,730
-
11a · Fees: management
total $133,342 · program services $24,000 · management and general $76,009 · fundraising $33,333
-
11c · Fees: accounting
total $14,749 · management and general $14,749
-
11f · Fees: investment management
total $6,097 · management and general $6,097
-
11g · Fees: other
total $25,000 · management and general $25,000
-
13 · Office expenses
total $10,509 · management and general $44 · fundraising $10,465
-
17 · Travel
total $27,434 · program services $27,434
-
24a · Other expenses: BAD DEBT EXPENSES
total $40,250 · fundraising $40,250
-
24e · All other expenses
total $28,329 · management and general $28,329
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $786,655 · end of year $370,510
-
3 · Pledges and grants receivable
beginning of year $439,641 · end of year $369,717
-
11 · Investments: publicly traded securities
beginning of year $1,106,898 · end of year $1,538,734
-
15 · Other assets
beginning of year $416,783 · end of year $30,111
-
17 · Accounts payable and accrued expenses
beginning of year $2,500 · end of year $5,870
-
27 · Net assets without donor restrictions
beginning of year $1,957,408 · end of year $1,605,735
-
28 · Net assets with donor restrictions
beginning of year $790,069 · end of year $697,467
Mission and programs · 2022
Mission
THE MISSION OF THE ACOFP EDUCATION & RESEARCH FOUNDATION IS TO ENCOURAGE UNDERSTANDING OF THE PRINCIPLES AND PRACTICES OF OSTEOPATHIC FAMILY MEDICINE, PROMOTE OSTEOPATHIC FAMILY PHYSICIAN LEADERSHIP AND TO IMPROVE PUBLIC HEALTH.
Activities or mission (Part I)
TO PROVIDE MEDICAL EDUCATION TO OSTEOPATHIC FAMILY PHYSICIANS AND PROMOTE THE PROFESSION OF OSTEOPATHIC FAMILY PHYSICIANS.
-
THE ACOFP EDUCATION AND RESEARCH FOUNDATION (THE FOUNDATION) WAS ESTABLISHED WITH THE MISSION TO PROVIDE QUALITY CONTINUING MEDICAL EDUCATION TO PROFESSIONALS IN THE OSTEOPATHIC FIELD AND TO ENCOURAGE SCIENTIFIC RESEARCH. THE FOUNDATION RECEIVES ITS REVENUES PRIMARILY THROUGH CONTRIBUTIONS. THE FOUNDATION IS AFFILIATED WITH THE AMERICAN COLLEGE OF OSTEOPATHIC FAMILY PHYSICIANS, WHICH PROVIDES BENEFITS TO MEMBERS SUCH AS CONINUING MEDICAL EDUCATION PROGRAMS AND EVENTS, THE "OSTEPATHIC FAMILY PHYSICIANS NEWS" JOURNAL, AND DISCOUNTS.
Expenses $304,064 · Grants $252,630
As filed on the 2022 return.
Listed in Part VII
-
Paul A MartinPAUL A MARTIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Carol L HenwoodCAROL L HENWOOD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Kenneth A HeilesKENNETH A HEILES
SECRETARY-TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Kevin V De RegnierKEVIN V DE REGNIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Larry W AndersonLARRY W ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
John R BowlingJOHN R BOWLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Joan GrzybowskiJOAN GRZYBOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Steven D KamajianSTEVEN D KAMAJIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Tyler LewisTYLER LEWIS
AUXILARY REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 3
-
Sean P PerrineSEAN P PERRINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
T Nicholas TyszkaT NICHOLAS TYSZKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Duane G KoehlerDUANE G KOEHLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Gautam J DesaiGAUTAM J DESAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Gregory J JamesGREGORY J JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Robert C DelucaROBERT C DELUCA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Robert MooreROBERT MOORE
EXECUTIVE DIRECTOR
- Total calculated
- $300,846
- From this org
- $0
- From related orgs
- $280,000
- Other
- $20,846
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $265,000 related
- Bonus
- $0 + $15,000 related
- Other
- $0
- Deferred
- $0 + $16,800 related
- Nontaxable benefits
- $0 + $4,046 related
- Filer's total
- $0 + $300,846 related
-
Dan AlpeDAN ALPE
DIRECTOR OF FINANCE
- Total calculated
- $207,817
- From this org
- $0
- From related orgs
- $170,871
- Other
- $36,946
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $0 + $149,871 related
- Bonus
- $0 + $21,000 related
- Other
- $0
- Deferred
- $0 + $10,252 related
- Nontaxable benefits
- $0 + $26,694 related
- Filer's total
- $0 + $207,817 related
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
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
-
FUTURE LEADERS GRANT AND GENERAL OPERATING SUPPORT
-
AMERICAN OSTEOPATHIC FOUNDATION
$17,500
GENERAL OPERATING SUPPORT
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.
-
AMERICAN COLEGE OF OSTEOPATHIC FAMILY PHYSICIANS
501(C)(6) · EDUCATION AND RESEARCH · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302909349300035
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