Form 990 for tax year 2024
Filed by AMERICAN ACADEMY OF FAMILY PHYSICIANS.
Totals
- Total revenue
- $853,176
- Total expenses
- $880,255
- Contributions and grants received
- $689,709
- Grants paid
- $0
- Program service revenue
- $82,920
- Investment income
- $18,356
- Other revenue
- $62,191
- Total assets, end of year
- $1,386,866
- Total liabilities, end of year
- $254,491
- Net assets or fund balances, end of year
- $1,132,375
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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
$663,880
-
1f · All other contributions, gifts and grants
$25,829
-
2a · Program service revenue: ANNUAL CONVENTION INCOME
total $50,310 · related or exempt $50,310
-
2b · Program service revenue: CME MEETING INCOME
total $32,610 · related or exempt $32,610
-
3 · Investment income
total $18,998 · excluded $18,998
-
7b · Less cost or other basis and sales expenses
other assets $642
-
7c · Gain or loss
other assets -$642
-
7d · Net gain or loss
total -$642 · related or exempt -$642
-
11a · Other revenue: IAFPF REIMBURSEMENT
total $50,000 · related or exempt $50,000
-
11b · Other revenue: PARTNERSHIP INCOME
total $11,276 · related or exempt $11,276
-
11c · Other revenue: MISCELLANEOUS
total $915 · related or exempt $915
-
11e · Other revenue, total
$62,191
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $82,000
-
11c · Fees: accounting
total $23,004
-
11g · Fees: other
total $7,884
-
13 · Office expenses
total $3,656
-
16 · Occupancy
total $4,083
-
17 · Travel
total $2,772
-
19 · Conferences, conventions and meetings
total $12,400
-
22 · Depreciation, depletion and amortization
total $2,805
-
24a · Other expenses: LEASED EMPLOYEES - HCC
total $430,981
-
24b · Other expenses: ANNUAL CONVENTION EXPENSE
total $112,482
-
24c · Other expenses: SPECIAL PROJECT EXPENSE
total $73,101
-
24d · Other expenses: AAFP MEETING EXPENSE
total $48,428
-
24e · All other expenses
total $76,659
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $679,717 · end of year $649,349
-
4 · Accounts receivable
beginning of year $17,818 · end of year $13,565
-
9 · Prepaid expenses and deferred charges
beginning of year $21,015 · end of year $21,017
-
10a · Land, buildings and equipment: cost or other basis
$18,018
-
10b · Land, buildings and equipment: accumulated depreciation
$11,963
-
10c · Land, buildings and equipment, net
beginning of year $4,452 · end of year $6,055
-
11 · Investments: publicly traded securities
beginning of year $597,993 · end of year $690,642
-
14 · Intangible assets
beginning of year $6,238 · end of year $6,238
-
17 · Accounts payable and accrued expenses
beginning of year $26,951 · end of year $32,728
-
19 · Deferred revenue
beginning of year $233,125 · end of year $221,763
-
31 · Retained earnings, endowment or other funds
beginning of year $1,067,157 · end of year $1,132,375
Mission and programs · 2024
Mission
THE MISSION OF THE INDIANA ACADEMY OF FAMILY PHYSICIANS INC (A STATEWIDE PROFESSIONAL ORGANIZATION) IS TO PROMOTE AND ADVANCE FAMILY MEDICINE IN ORDER TO IMPROVE THE HEALTH OF INDIANA.
-
ONE OF THE MAIN PURPOSES IS TO PROMOTE EXCELLENCE IN HEALTH CARE AND THE BETTERMENT OF THE AMERICAN PEOPLE. THIS IS DONE BY SERVING AS AN ESSENTIAL RESOURCE FOR THE PROFESSIONAL SUCCESS OF THE FAMILY PHYSICIAN WORKFORCE IN INDIANA. THE IAFP IS ALSO THE PROVIDER OF CHOICE FOR FAMILY PHYSICIAN EDUCATION. THE IAFP ALSO STAYS CURRENT ON TRENDS IN HEALTH CARE THROUGH INTERACTIONS WITH BUSINESSES, OTHER HEALTH CARE PROVIDERS, PATIENTS, AND GOVERNMENT HEALTH RELATED ORGANIZATIONS.
As filed on the 2024 return.
Listed in Part VII
-
Kevin Speer JDKEVIN SPEER JD
EXEC. VICE P
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Juan Carlos VenisJUAN CARLOS VENIS
CHAIRMAN/PAS
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Bernard RichardBERNARD RICHARD
ALTERNATE DE
- Total calculated
- $1,000
- From this org
- $1,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Nicole BoersmaNICOLE BOERSMA
SPEAKER/ALT
- Total calculated
- $0
- Hours/week
- 1
-
Kinsey BrommKINSEY BROMM
RESIDENT DIR
- Total calculated
- $0
- Hours/week
- 1
-
David Nicholas DahlDAVID NICHOLAS DAHL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Olivia KavanaughOLIVIA KAVANAUGH
STUDENT DIRE
- Total calculated
- $0
- Hours/week
- 1
-
Clif KnightCLIF KNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea KolodziejCHELSEA KOLODZIEJ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eashan KumarEASHAN KUMAR
STUDENT ALT
- Total calculated
- $0
- Hours/week
- 1
-
Jason MarkerJASON MARKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brock McMillenBROCK MCMILLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Risheet PatelRISHEET PATEL
DELEGATE
- Total calculated
- $0
- Hours/week
- 1
-
David SchultzDAVID SCHULTZ
DELEGATE
- Total calculated
- $0
- Hours/week
- 1
-
Mary Anne SnyderMARY ANNE SNYDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle SpeakmanKYLE SPEAKMAN
DIRECTOR/PRE
- Total calculated
- $0
- Hours/week
- 1
-
William TortorielloWILLIAM TORTORIELLO
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth WrightELIZABETH WRIGHT
VICE SPEAKER
- Total calculated
- $0
- Hours/week
- 1
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.
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.
-
501C3 · PROMOTION · IN
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AMERICAN ACADEMY OF FAMILY PHYSICIA
501C6 · SUPPORT FA · KS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533189349309933
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