Civic Intelligence

Pennsylvania Chapter American College of Cardiology

990 • Fiscal year 2017 • EIN 25-1616833

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 18, 2018

777 East Park Drive PO Box 8820Harrisburg, PA 17105

(717) 558-7750

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.18x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.37x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

46th percentile

2.7%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

44th percentile

2.8%

Faster asset growth than 44% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

58%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$626,175

Up $17,348 (+2.8%) from 2016

Net Assets

Up

$513,058

Up $33,969 (+7.1%) from 2016

Liabilities

Down

$113,117

Down $16,621 (-13%) from 2016

Revenue

Up

$308,266

Up $113,687 (+58%) from 2016

Expenses

Up

$299,922

Up $62,059 (+26%) from 2016

Net Income

Up

$8,344

Up $51,628 (+119%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $494,519Liabilities 2010: $85,680Net Assets 2010: $408,8392010Assets 2011: $519,141Liabilities 2011: $88,104Net Assets 2011: $431,0372011Assets 2012: $538,049Liabilities 2012: $98,459Net Assets 2012: $439,5902012Assets 2013: $536,204Liabilities 2013: $88,623Net Assets 2013: $447,5812013Assets 2014: $569,028Liabilities 2014: $86,693Net Assets 2014: $482,3352014Assets 2015: $579,486Liabilities 2015: $63,774Net Assets 2015: $515,7122015Assets 2016: $608,827Liabilities 2016: $129,738Net Assets 2016: $479,0892016Assets 2017: $626,175Liabilities 2017: $113,117Net Assets 2017: $513,0582017Assets 2018: $600,441Liabilities 2018: $120,139Net Assets 2018: $480,3022018Assets 2021: $659,986Liabilities 2021: $0Net Assets 2021: $659,9862021Assets 2022: $590,503Liabilities 2022: $0Net Assets 2022: $590,5032022Assets 2023: $591,598Liabilities 2023: $0Net Assets 2023: $591,5982023Assets 2024: $607,394Liabilities 2024: $0Net Assets 2024: $607,3942024

Highlighted filing

2017

Assets$626,175
Liabilities$113,117
Net Assets$513,058

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $230,3172010Expenses 2011: $183,9532011Expenses 2012: $169,1062012Revenue 2013: $198,869Expenses 2013: $191,886Net Income 2013: $6,9832013Revenue 2014: $229,702Expenses 2014: $180,298Net Income 2014: $49,4042014Revenue 2015: $223,075Expenses 2015: $184,435Net Income 2015: $38,6402015Revenue 2016: $194,579Expenses 2016: $237,863Net Income 2016: -$43,2842016Revenue 2017: $308,266Expenses 2017: $299,922Net Income 2017: $8,3442017Revenue 2018: $231,065Expenses 2018: $243,651Net Income 2018: -$12,5862018Revenue 2021: $186,256Expenses 2021: $183,496Net Income 2021: $2,7602021Revenue 2022: $218,069Expenses 2022: $197,363Net Income 2022: $20,7062022Revenue 2023: $152,237Expenses 2023: $232,612Net Income 2023: -$80,3752023Revenue 2024: $221,204Expenses 2024: $247,221Net Income 2024: -$26,0172024

Highlighted filing

2017

Revenue$308,266
Expenses$299,922
Net Income$8,344
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 18, 2018
Return Version
2017v2.3
Gross Receipts
$332,386
Mission and Program Overview

Mission

The purpose of the Chapter is to contribute to the prevention of cardiovascular diseases; to insure high quality of care for individuals with such diseases; to advance the knowledge, science and practice of cardiovascular medicine; to assist cardiovascular practitioners in the improvement of the quality of cardiovascular medical practice and training; to foster the cooperation of all who are concerned with the medical, psychological, social and economic aspects of cardiovascular diseases, to represent the views and opinions of its membership before the governing bodies of the american college of cardiology and to present the views and opinions of the governing bodies of the acc before its membership. the chapter actively participates in the development and implementation of laws and regulations affecting the practice of cardiovascular medicine and the delivery of quality cardiovascular care to the citizens residing within the boundaries of the commonwealth of Pennsylvania.

The purpose of the chapter is to contribute to the prevention of cardiovascular diseases; to insure high quality of care for individuals with such diseases; to advance the knowledge, science and practice of cardiovascular medicine; to assist cardiovascular practitioners in the training; to foster the cooperation of all who are concerned with the medical, psychological, social and economic aspects of cardiovascular diseases; to represent the views and opinions of its membership before the governing bodies of the american college of cardiology (acc); and to present the views and opinions of the governing bodies of the chapter before its membership. The chapter actively participates in the development and implementation of laws and regulations affecting the practice of cardiovascular medicine and the delivery of quality cardiovascular care to the citizens residing within the boundaries of the commonwealth of pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$437,025$473,140▲ $36,115
Savings and Temporary Cash Investments$154,608$151,618▼ $2,990
Accounts Receivable$17,000--
Prepaid Expenses and Deferred Charges$35$1,385▲ $1,350
Land, Buildings, and Equipment, Net$159$32▼ $127
Total Assets$608,827$626,175▲ $17,348
Liabilities
Deferred Revenue$109,885$97,125▼ $12,760
Accounts Payable and Accrued Expenses$19,853$15,992▼ $3,861
Total Liabilities$129,738$113,117▼ $16,621
Net Assets / Fund Balance
Unrestricted Net Assets$479,089$511,413▲ $32,324
Temporarily Rstr Net Assets-$1,645-
Total Net Assets Fund Balance$479,089$513,058▲ $33,969
Total Liabilities and Net Assets / Fund Balance$608,827$626,175▲ $17,348

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$32$603$635
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vincent M Figueredo MdPresident
Maria EliasChapter Exec
Christine Kime Pa-cCVT Liaison
Elaine Strohl Pa-cCVT Liaison
Karen Tarolli CrnpCVT Liaison
Lisa Henry CrnpCVT Liaison
Joao Cavalcante MdEarly Career
Joshua Levenson MdEarly Career
Aditi Kalla MdFellow in Tr
Ahmad Masri MdFellow in Tr
Andrea Elliot MdFellow in Tr
Naveen Bellam MdFellow in Tr
Riaz Rahman MdFellow in Tr
Srinath Adusumalli MdFellow in Tr
Srinivas Murali MdPast Governo
Victor Ferrari MdPast Governo
James E Harvey MdSecretary/tr
Andrew Waxler MdTask Force L
Sameer Khandhar MdTask Force L
William Vandecker MdTask Force L
Suresh Mulukutla MdVice Preside
Ritu Thamman MdWomen in CAR
Ure Mezu MdWomen in CAR
Revenue and Support

Revenue Composition

Contributions and Grants
$41,572
Program Service Revenue
$255,445
Investment Income
$11,249
Other Revenue
$0
All Other Contributions
$41,572
Change in Net Assets
$8,344

Audited Revenue Reconciliation

Revenue per Audited Statements
$308,266
Revenue Not Reported on Form 990
$25,625
Total Revenue per Audited Statements
$333,891
Total Revenue per Form 990
$308,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$175,633
Conferences and Meetings---$31,329
Fees for Services Other---$25,787
Other Expenses---$4,810
Fees for Services Accounting---$3,857
All Other Expenses---$2,897
Insurance---$842
Information Technology---$483
Office Expenses---$450
Depreciation Depletion---$127
Total Functional Expenses$0$0$0$299,922

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$299,922
Total Expenses per Audited Statements$299,922
Total Expenses per Form 990$299,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The society has a management service agreement with the pa medical society (pamed) in which pamed provides administrative services to the society, which includes membership/administration coordination, board and committee support, marketing and communications, meeting coordination, technology management, and financial management. In return for these services, the society pays pamed a monthly base fee of 14,636.

Form 990, Page 6, Part VI, Line 6

Membership is managed by the american college of cardiology. The chapter's membership is open to all members of the cardiovascular team, including physicians, cardiovascular team members, administrators, and more, with a number of different types of membership. All pennsylvania-based acc members are automatically pa chapter members. Acc creates the membership categories, processes applications and collects both national and chapter dues. Chapter dues are sent to us on a monthly basis. The two paacc chapter governors-elect and the two cardiovascular team (cvt) liaisons are elected by the members via a nominating and election process run by the acc. The secretary/treasurer seat is the only office held by a member who is nominated by the paacc nominating committee and put forward to all voting members of the paacc for an election. All other seats on the governing body are appointments by the two governors. Other than the elections outlined above, members would vote only on issues presented at the annual business meeting.

Form 990, Page 6, Part VI, Line 7A

The members elect the governing body.

Form 990, Page 6, Part VI, Line 7B

The members approve certain actions by the governing board.

Form 990, Page 6, Part VI, Line 11B

The staff of the pa medical society initially review the form 990. The entire board is provided with a copy of the return before the return is filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest statement is completed annualy by officers, directors, and key employees. The president and staff monitor the policy. Family and business relationships are expressly mentioned in the policy. Board members and other interested persons shall disclose all facts material to the conflict. Such person will not participate in or be present to hear discussions on the conflict except to disclose material facts and respond to questions. The person will not vote on any questions regarding a conflict.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policies, and financial statements available to public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Pennsylvania Chapter American
EIN
25-1616833
Phone
7175587750
Address
777 EAST PARK DRIVE PO BOX 8820, HARRISBURG, PA 17105

Signing Officer

Name
Maria Elias
Title
Chapter Executive
Phone
7175587870
Signed
2018-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vincent M Figueredo Md
Formed
1989
Legal Domicile
Pa
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
20

Preparer

Firm
Hamilton & Musser Pc Cpas
Address
176 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055
Preparer
William P Ashman CPA
Phone
7176973888
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the chapter is to contribute to the prevention of cardiovascular diseases; to insure high quality of care for individuals with such diseases; to advance the knowledge, science and practice of cardiovascular medicine; to assist cardiovascular practitioners in the training; to foster the cooperation of all who are concerned with the medical, psychological, social and economic aspects of cardiovascular diseases; to represent the views and opinions of its membership before the governing bodies of the american college of cardiology (acc); and to present the views and opinions of the governing bodies of the chapter before its membership. The chapter actively participates in the development and implementation of laws and regulations affecting the practice of cardiovascular medicine and the delivery of quality cardiovascular care to the citizens residing within the boundaries of the commonwealth of pennsylvania.

Form 990, Part III

The paacc promotes the same values of the american college of cardiology: professionalism - the interests of patients are primary. Knowledge - the acc and paacc must promote growth, dissemination and knowledge about cardiovascular medicine. Value of the cardiovascular specialist - the cardiovascular specialist makes a distinct contribution to medical care that should be recognized and enhanced. Integrity - honesty, compliance with legal requirements and ethical behavior are essential in all activities. Member driven - the acc, paacc and their major activities must be led by active members and must promote volunteerism. Inclusiveness - the acc and paacc involves a broad range of volunteers that reflects the composition of its membership.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes as an organization described under the internal revenue code section 501(c)(6) and applicable regulations, except for net income derived from unrelated business activities, if any. Asc no. 740, "income taxes," prescribes a comprehensive model for how an organization should measure, recognize, present, and disclose uncertain tax positions taken on its tax return. The organization believes that it has appropriate support for tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST GOVERNO
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST GOVERNO
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TASK FORCE L
IRS990/Form990PartVIISectionAGrp/TitleTxt6EARLY CAREER
IRS990/Form990PartVIISectionAGrp/TitleTxt7WOMEN IN CAR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CVT LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt9CVT LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt10CVT LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt11CVT LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt12FELLOW IN TR
IRS990/Form990PartVIISectionAGrp/TitleTxt13FELLOW IN TR
IRS990/Form990PartVIISectionAGrp/TitleTxt14FELLOW IN TR
IRS990/Form990PartVIISectionAGrp/TitleTxt15FELLOW IN TR
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IRS990/Form990PartVIISectionAGrp/TitleTxt20FELLOW IN TR
IRS990/Form990PartVIISectionAGrp/TitleTxt21FELLOW IN TR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHAPTER EXEC
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IRS990/MissionDesc0THE PURPOSE OF THE CHAPTER IS TO CONTRIBUTE TO THE PREVENTION OF CARDIOVASCULAR DISEASES; TO INSURE HIGH QUALITY OF CARE FOR INDIVIDUALS WITH SUCH DISEASES; TO ADVANCE THE KNOWLEDGE, SCIENCE AND PRACTICE OF CARDIOVASCULAR MEDICINE; TO ASSIST CARDIOVASCULAR PRACTITIONERS IN THE TRAINING; TO FOSTER THE COOPERATION OF ALL WHO ARE CONCERNED WITH THE MEDICAL, PSYCHOLOGICAL, SOCIAL AND ECONOMIC ASPECTS OF CARDIOVASCULAR DISEASES; TO REPRESENT THE VIEWS AND OPINIONS OF ITS MEMBERSHIP BEFORE THE GOVERNING BODIES OF THE AMERICAN COLLEGE OF CARDIOLOGY (ACC); AND TO PRESENT THE VIEWS AND OPINIONS OF THE GOVERNING BODIES OF THE CHAPTER BEFORE ITS MEMBERSHIP. THE CHAPTER ACTIVELY PARTICIPATES IN THE DEVELOPMENT AND IMPLEMENTATION OF LAWS AND REGULATIONS AFFECTING THE PRACTICE OF CARDIOVASCULAR MEDICINE AND THE DELIVERY OF QUALITY CARDIOVASCULAR CARE TO THE CITIZENS RESIDING WITHIN THE BOUNDARIES OF THE COMMONWEALTH OF PENNSYLVANIA.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION - THE CHAPTER PROVIDES EDUCATION THROUGH TWICE PER YEAR "E" NEWSLETTERS, REGULAR EMAIL COMMUNICATIONS, A ROBUST WEBSITE, PARTNERING WITH OTHER IN-PERSON CARDIOVASCULAR MEETINGS BEING HELD ACROSS THE STATE, SOCIAL/EDUCATIONAL/NETWORKING EVENTS FOR FELLOWS IN TRAINING, SOCIAL MEDIA OUTREACH AND PARTICIPATION IN THE CHAPTER EXCHANGE PROGRAM WITH THE ITALIAN CHAPTER OF THE ACC.
IRS990/ProgSrvcAccomActy3Grp/Desc0ADVOCACY - THE CHAPTER PARTICIPATES IN POLITICAL, PRACTICE AND PATIENT ADVOCACY THROUGH GRASSROOTS EFFORTS ON LEGISLATION AT THE STATE AND NATIONAL LEVELS; REPRESENTATION ON THE MEDICARE ADVISORY COMMITTEE AND PENNSYLVANIA MEDICAL SOCIETY'S SPECIALTY LEADERSHIP CABINET; PROVIDING COMMENTS ON PRIVATE PAYER MEDICAL POLICY; AND ENCOURAGING AND SUPPORTING PARTICIPATION OF CHAPTER LEADERS AND CHAPTER MEMBERS IN NATIONAL LEADERSHIP CONFERENCES ON ADVOCACY AND LEADERSHIP DEVELOPMENT.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS AN ORGANIZATION DESCRIBED UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(6) AND APPLICABLE REGULATIONS, EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES, IF ANY. ASC NO. 740, "INCOME TAXES," PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS TAKEN ON ITS TAX RETURN. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0VINCENT M FIGUEREDO MD
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CHAPTER IS TO CONTRIBUTE TO THE PREVENTION OF CARDIOVASCULAR DISEASES; TO INSURE HIGH QUALITY OF CARE FOR INDIVIDUALS WITH SUCH DISEASES; TO ADVANCE THE KNOWLEDGE, SCIENCE AND PRACTICE OF CARDIOVASCULAR MEDICINE; TO ASSIST CARDIOVASCULAR PRACTITIONERS IN THE TRAINING; TO FOSTER THE COOPERATION OF ALL WHO ARE CONCERNED WITH THE MEDICAL, PSYCHOLOGICAL, SOCIAL AND ECONOMIC ASPECTS OF CARDIOVASCULAR DISEASES; TO REPRESENT THE VIEWS AND OPINIONS OF ITS MEMBERSHIP BEFORE THE GOVERNING BODIES OF THE AMERICAN COLLEGE OF CARDIOLOGY (ACC); AND TO PRESENT THE VIEWS AND OPINIONS OF THE GOVERNING BODIES OF THE CHAPTER BEFORE ITS MEMBERSHIP. THE CHAPTER ACTIVELY PARTICIPATES IN THE DEVELOPMENT AND IMPLEMENTATION OF LAWS AND REGULATIONS AFFECTING THE PRACTICE OF CARDIOVASCULAR MEDICINE AND THE DELIVERY OF QUALITY CARDIOVASCULAR CARE TO THE CITIZENS RESIDING WITHIN THE BOUNDARIES OF THE COMMONWEALTH OF PENNSYLVANIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PAACC PROMOTES THE SAME VALUES OF THE AMERICAN COLLEGE OF CARDIOLOGY: PROFESSIONALISM - THE INTERESTS OF PATIENTS ARE PRIMARY. KNOWLEDGE - THE ACC AND PAACC MUST PROMOTE GROWTH, DISSEMINATION AND KNOWLEDGE ABOUT CARDIOVASCULAR MEDICINE. VALUE OF THE CARDIOVASCULAR SPECIALIST - THE CARDIOVASCULAR SPECIALIST MAKES A DISTINCT CONTRIBUTION TO MEDICAL CARE THAT SHOULD BE RECOGNIZED AND ENHANCED. INTEGRITY - HONESTY, COMPLIANCE WITH LEGAL REQUIREMENTS AND ETHICAL BEHAVIOR ARE ESSENTIAL IN ALL ACTIVITIES. MEMBER DRIVEN - THE ACC, PAACC AND THEIR MAJOR ACTIVITIES MUST BE LED BY ACTIVE MEMBERS AND MUST PROMOTE VOLUNTEERISM. INCLUSIVENESS - THE ACC AND PAACC INVOLVES A BROAD RANGE OF VOLUNTEERS THAT REFLECTS THE COMPOSITION OF ITS MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOCIETY HAS A MANAGEMENT SERVICE AGREEMENT WITH THE PA MEDICAL SOCIETY (PAMED) IN WHICH PAMED PROVIDES ADMINISTRATIVE SERVICES TO THE SOCIETY, WHICH INCLUDES MEMBERSHIP/ADMINISTRATION COORDINATION, BOARD AND COMMITTEE SUPPORT, MARKETING AND COMMUNICATIONS, MEETING COORDINATION, TECHNOLOGY MANAGEMENT, AND FINANCIAL MANAGEMENT. IN RETURN FOR THESE SERVICES, THE SOCIETY PAYS PAMED A MONTHLY BASE FEE OF 14,636.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERSHIP IS MANAGED BY THE AMERICAN COLLEGE OF CARDIOLOGY. THE CHAPTER'S MEMBERSHIP IS OPEN TO ALL MEMBERS OF THE CARDIOVASCULAR TEAM, INCLUDING PHYSICIANS, CARDIOVASCULAR TEAM MEMBERS, ADMINISTRATORS, AND MORE, WITH A NUMBER OF DIFFERENT TYPES OF MEMBERSHIP. ALL PENNSYLVANIA-BASED ACC MEMBERS ARE AUTOMATICALLY PA CHAPTER MEMBERS. ACC CREATES THE MEMBERSHIP CATEGORIES, PROCESSES APPLICATIONS AND COLLECTS BOTH NATIONAL AND CHAPTER DUES. CHAPTER DUES ARE SENT TO US ON A MONTHLY BASIS. THE TWO PAACC CHAPTER GOVERNORS-ELECT AND THE TWO CARDIOVASCULAR TEAM (CVT) LIAISONS ARE ELECTED BY THE MEMBERS VIA A NOMINATING AND ELECTION PROCESS RUN BY THE ACC. THE SECRETARY/TREASURER SEAT IS THE ONLY OFFICE HELD BY A MEMBER WHO IS NOMINATED BY THE PAACC NOMINATING COMMITTEE AND PUT FORWARD TO ALL VOTING MEMBERS OF THE PAACC FOR AN ELECTION. ALL OTHER SEATS ON THE GOVERNING BODY ARE APPOINTMENTS BY THE TWO GOVERNORS. OTHER THAN THE ELECTIONS OUTLINED ABOVE, MEMBERS WOULD VOTE ONLY ON ISSUES PRESENTED AT THE ANNUAL BUSINESS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MEMBERS APPROVE CERTAIN ACTIONS BY THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE STAFF OF THE PA MEDICAL SOCIETY INITIALLY REVIEW THE FORM 990. THE ENTIRE BOARD IS PROVIDED WITH A COPY OF THE RETURN BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALY BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES. THE PRESIDENT AND STAFF MONITOR THE POLICY. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED IN THE POLICY. BOARD MEMBERS AND OTHER INTERESTED PERSONS SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT. SUCH PERSON WILL NOT PARTICIPATE IN OR BE PRESENT TO HEAR DISCUSSIONS ON THE CONFLICT EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. THE PERSON WILL NOT VOTE ON ANY QUESTIONS REGARDING A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$2.21$2.47$0.26
2023Detailed filing. Detailed filing data is available for this year.$5.92$0.00$5.92$1.52$2.33$0.80
2022Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$2.18$1.97$0.21
2021Detailed filing. Detailed filing data is available for this year.$6.60$0.00$6.60$1.86$1.83$0.03
2018Detailed filing. Detailed filing data is available for this year.$6.00$1.20$4.80$2.31$2.44$0.13
2017Detailed filing. Detailed filing data is available for this year.$6.26$1.13$5.13$3.08$3.00$0.08
2016Detailed filing. Detailed filing data is available for this year.$6.09$1.30$4.79$1.95$2.38$0.43
2015Detailed filing. Detailed filing data is available for this year.$5.79$0.64$5.16$2.23$1.84$0.39
2014Detailed filing. Detailed filing data is available for this year.$5.69$0.87$4.82$2.30$1.80$0.49
2013Detailed filing. Detailed filing data is available for this year.$5.36$0.89$4.48$1.99$1.92$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$0.98$4.40$1.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.88$4.31$1.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.86$4.09$2.30