2023-09-13T10:19:20-07:00 2022-12-31 410746749 CliftonLarsonAllen LLP 220 S 6th Street Suite 300 Minneapolis MN 55402 990 2022-01-01 611532062 AMERICAN ACADEMY OF NEUROLOGY AMER 6129286100 201 Chicago Avenue Minneapolis MN 55415 Kevin Myren Chief Financial Officer 6129286023 2023-09-13 1 1 Sarah Reichling P01587996 6123973066 2023-09-13 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Mary Post 201 Chicago Avenue Minneapolis MN 55415 51690261 0 X www.aan.com X 2007 MN The American Academy of Neurology (AAN) exists for the benefit of its members, to do the things collectively that would be nearly, if not completely, impossible to do individually. No matter what stage our members are in their careers, or what their roles are within the field of neurology, our commitment to be indispensable to our members' professional lives is evident in what we do throughout the year. The AAN's vision is to be indispensable to our members. Its mission is to promote the highest quality patient-centered neurologic care and enhance member career satisfaction. The American Academy of Neurology is the world's largest association of neurologists and neuroscience professionals, with more than 40,000 members. The AAN is dedicated to promoting the highest quality patient-centered neurologic care. A neurologist is a doctor with specialized training in diagnosing, treating, and managing disorders of the brain and nervous system. 17 14 231 1374 481714 71059 0 2910961 40409392 43337060 4229458 144069 81694 53636 44720544 46445726 0 0 0 0 25167112 27174438 0 0 0 12705030 16960797 37872142 44135235 6848402 2310491 40490110 33587910 25736067 19680426 14754043 13907484 The Academy's mission is to promote the highest quality patient-centered neurologic care and enhance member career satisfaction. 0 0 0 0 0 Membership:As the world experienced the lingering disruptions from the third year of the waning COVID-19, the AAN continued to prove its value to neurology by reaching yet another record for membership recruitment and retention. Neurologists and neuroscience professionals from around the world now make up more than 40,000 AAN members, with 95-percent retention of US dues-paying neurologist members. This success is due to the AAN's ongoing commitment to grow the available resources for neurologists and members of a neurology care team no matter their practice setting, career stage, or geographic location. 0 0 0 Training/Tools/Resources: The AAN prepared members for a new track that the Centers for Medicare & Medicaid Services (CMS) established within the Quality Payment Program (QPP) called MIPS Value Pathways (MVP), which is available in 2023. The AAN prepared resources on the three MVPs relevant to neurology: Stroke, Episodic Neurological Conditions, and Neurodegenerative Conditions. Several key advocacy objectives were met in 2022, including increased funding for neurologic research and reduction of the high cost of prescription drugs addressed in the Inflation Reduction Act, which also extended telehealth flexibilities through the end of 2024. The AAN's efforts helped mitigate the planned reduction in 2023 Medicare reimbursements from 8.5 percent to two percent. The abatement of the pandemic allowed AAN members to return to Washington, DC, for Neurology on the Hill, a signature grassroots advocacy event. Neurologists pressed lawmakers to provide stability for telehealth, address overly burdensome prior authorization regulations, and enact policies to address the neurology workforce. More than 2,000 members contacted their representatives in Congress by responding to AAN Action Alerts on topics such as proposed Medicare reimbursement cuts. 0 0 0 Publications: The publication of scientific, scholarly, and practice-related content is a vital part of the AAN's activities, and essential to the careers of our members. The AAN's publications offer this content and resources to Academy members and provide an opportunity to generate revenue that helps keep membership dues low. The AAN introduced Neurology(R) Education in 2022, a peer-reviewed journal that publishes original research articles, reviews, and editorials on evidence-based teaching methods and curriculum innovations and provides the academic community with a forum to exchange ideas that enhance teaching and training in neurology and neuroscience. The weekly Brain & Life Podcast was launched to complement the Academy's bimonthly patient education magazine, Brain & Life(R), and 41 episodes featured people whose lives are affected by brain disease, neurology experts, and celebrity advocates including comedian George Lopez, actor Marilu Henner, and musician Peter Frampton. Lyell K. Jones, Jr., MD, FAAN, was selected to become editor-in-chief of Continuum: Lifelong Learning in Neurology(R), the AAN's continuing medical education review journal in April 2022. 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 180 0 1 231 1 1 1 0 0 0 1 1 0 0 0 X 17 14 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MN X Kevin C Myren CPA 6129286023 201 Chicago Avenue Minneapolis MN 55415 Mary E Post Chief Executive Officer 47 9 X 663276 0 54676 Bruce Levi Chief Legal and Strategy Officer 43 0 X 468870 0 29508 Christine E Phelps Deputy Executive Director, AANI 0 0 X 426043 0 38617 Jason Kopinski Deputy Executive Director/Chief Operating Officer 34 11 X 397998 0 54676 John Hutchins General Counsel 41 8 X 322386 0 54456 Angela Babb Chief Communications and Membership Officer 43 8 X 318253 0 51855 Kevin C Myren Chief Financial Officer 40 8 X 314004 0 35846 Deanna Ekholm Chief Human Resource Officer 49 0 X 305114 0 26788 Sukhjeet Ahuja Chief Health Policy Officer 22 22 X 275731 0 49595 Orly Avitzur MD MBA FAAN President 10 10 X X 264463 0 0 Derek Brandt Director Congressional Affairs 47 1 X 196238 0 31920 Susan Rodmyre Senior Director, Education, Science & Academi 0 46 X 195783 0 30795 Walter Roeckeman Director, Information Systems & Services 45 0 X 172842 0 42096 Amy Kaloides Senior Director, Advocacy 41 2 X 174863 0 39150 Kevin Heinz Director, Annual Meeting & Conference 0 44 X 186599 0 23647 Kelly Ricker Chief Learning Officer 6 40 X 188406 0 18375 Carlayne E Jackson MD FAAN President Elect 5 5 X X 81150 0 0 James C Stevens MD FAAN Immediate Past President 2 2 X 30000 1100 0 Janis Miyasaki MD MEd FRCPC FAAN Vice President 1 1 X X 23190 0 0 Bruce H Cohen MD FAAN Director 1 0 X 4000 0 0 Bruce Ovbiagele MD MSC MAS MBA FAAN Director 1 1 X 0 3350 0 Brenda Banwell MD FAAN Director 1 1 X 0 1650 0 Sarah M Benish MD FAAN Secretary 1 1 X X 0 850 0 Brad C Klein MD MBA FAAN Director 1 0 X 0 800 0 Wayne E Anderson DO FAHS FAAN Director 1 1 X 0 0 0 Charles C Flippen II MD FAAN Treasurer 1 1 X X 0 0 0 Charlene Gamaldo MD FAAN Director 1 1 X 0 0 0 James N Goldenberg MD FAAN Director 1 1 X 0 0 0 Larry B Goldstein MD FAHA FAAN Director 1 1 X 0 0 0 Lily Jung Henson MD MMM FAAN Director 1 1 X 0 0 0 Jonathan P Hosey MD FAAN Secretary/Treasurer 0 1 X X 0 0 0 Shannon M Kilgore MD FAAN Director 1 1 X 0 0 0 Brett M Kissela MD MS FAAN Director 1 1 X 0 0 0 Jose G Merino MD MPhil FAHA FAAN Director 1 1 X 0 0 0 Maisha T Robinson MD MSHPM FAAN Director 1 1 X 0 0 0 5009209 7750 582000 75 1 1 0 American Academy of Neurology Institute 201 Chicago Avenue Minneapolis MN 55415 Access facilities/equipment 1574730 Fionta Incorporated PO BOX 66794 Washington DC 20035 Salesforce and Web Development 554337 On-Demand Services Group Inc PO BOX 279 Savage MN 55378 Consulting Services 315320 Voro 100 S 1st Street Minneapolis MN 55458 Marketing Services 265825 Solutia Consulting Inc 1241 Amundson Cr Stillwater MN 55082 Consulting Services 257926 14 0 0 0 0 2639552 271409 0 2910961 Publishing 511110 18574020 18092306 481714 0 Membership Dues 900099 9400915 9400915 0 0 Salaries and Benefits 561000 11157391 11157391 0 0 Reimbursement of Admin Expenses 561000 3928628 3928628 0 0 Conferences 541900 47040 47040 0 0 229066 229066 0 0 43337060 442644 442644 0 0 0 0 0 0 0 0 0 0 0 0 4945960 0 5244535 0 -298575 0 -298575 -298575 0 0 0 53636 53636 0 0 53636 46445726 43053051 481714 0 0 0 0 0 4497276 0 17266762 1585880 2378018 1446502 0 42397 0 44000 41803 3752701 892993 574985 1796025 0 1696788 890723 0 765077 287 0 314211 211135 Subscriptions, memberships, contributions 4639825 Honoraria and Stipends 1206174 Income Tax 17705 All other expenses 73968 0 44135235 0 0 0 3185788 3073304 23696676 20539449 0 0 4811138 5724937 0 0 0 0 0 0 0 0 426048 714224 3276141 1593168 482800 1682973 7887660 1853023 0 0 0 0 40490110 33587910 5165910 6446627 0 0 19967407 11378897 0 0 0 0 0 0 0 0 0 0 602750 1854902 25736067 19680426 X 14754043 13521239 0 386245 14754043 13907484 40490110 33587910 2310491 -3271886 0 0 114836 0 X 0 1 X 1 0 0 0 0 0 0 0 BrainPAC 201 Chicago Avenue Minneapolis MN 55415 270644272 0 109688 0 0 0 9400915 956520 0 956520 846082 110438 0 Schedule C, Part I-A, Line 1 The organization provided in-kind administrative services to its FEC registered SSF, BrainPAC. 0 0 0 0 0 0 0 0 0 0 0 0 3276141 1593168 1682973 0 0 0 0 1682973 0 Lease Payable ST 78440 Lease Payable Long Term 1261736 Deferred Compensation 514726 1854902 X Schedule D, Part X, Line 2 The Organization follows the provisions of FASB ASC 740-10-25, which requires that a tax position be recognized or derecognized based on a "more likely not" threshold. This applies to position taken or expected to be taken in a tax return. The Organization does not believe its financial statements include any uncertain tax positions. The Organization returns are subject to review and examination by Federal authorities. The tax return for 2017 through 2019 are open to examination by Federal authorities. 0 0 0 Mary E Post Chief Executive Officer 515966 0 103415 0 43893 0 32025 0 22651 0 717950 0 96416 0 Bruce Levi Chief Legal and Strategy Officer 181413 0 60192 0 227265 0 19255 0 10253 0 498378 0 49975 0 Christine E Phelps Deputy Executive Director, AANI 0 0 50530 0 375513 0 30450 0 8167 0 464660 0 50530 0 Jason Kopinski Deputy Executive Director/Chief Operating Officer 320779 0 59516 0 17705 0 30025 0 22651 0 450676 0 47516 0 John Hutchins General Counsel 269884 0 40836 0 11667 0 29302 0 25154 0 376843 0 33836 0 Angela Babb Chief Communications and Membership Officer 261521 0 44652 0 12080 0 28965 0 22890 0 370108 0 34152 0 Kevin C Myren Chief Financial Officer 258432 0 44066 0 11507 0 27540 0 8306 0 349851 0 37066 0 Deanna Ekholm Chief Human Resource Officer 255372 0 38463 0 11279 0 26788 0 0 0 331902 0 31463 0 Sukhjeet Ahuja Chief Health Policy Officer 240563 0 24147 0 11021 0 26174 0 23421 0 325326 0 17148 0 Orly Avitzur MD MBA FAAN President 264463 0 0 0 0 0 0 0 0 0 264463 0 0 0 Derek Brandt Director Congressional Affairs 176111 0 19173 0 954 0 19203 0 12717 0 228158 0 12173 0 Susan Rodmyre Senior Director, Education, Science & Academi 146838 0 48387 0 558 0 16349 0 14446 0 226578 0 14387 0 Kelly Ricker Chief Learning Officer 180340 0 7000 0 1066 0 18375 0 0 0 206781 0 0 0 Kevin Heinz Director, Annual Meeting & Conference 141674 0 44421 0 504 0 15341 0 8306 0 210246 0 12421 0 Amy Kaloides Senior Director, Advocacy 152908 0 21451 0 504 0 16499 0 22651 0 214013 0 14451 0 Walter Roeckeman Director, Information Systems & Services 143503 0 28835 0 504 0 16135 0 25961 0 214938 0 14133 0 Form 990, Part VI, Section A, Line 1a Under the AAN and AAN Institute Bylaws, the Boards of Directors have the power and responsibility to manage all the business and affairs of the Academy. The Boards have the final responsibility and authority for all actions and policies that are recommended or adopted by any and all committees, sections, representatives to professional and governmental organizations, agents, and employees, unless the Board has specifically delegated its authority and that delegation is stated in the Board's minutes. In this context of the Boards' authority, the roles and responsibilities of the Executive Committee, the President and Board Planning Committee are clarified as follows: the Executive Committee is a committee formally established separately by the AAN and AAN Institute bylaws (AAN Article V, Section 8 and AANI Article V, Section 7) to which the Board's power is specifically delegated between meetings of the Board of Directors. The actions of the Executive Committee must be reported to the next meeting of the Board of Directors. The AAN Executive Committee includes the President, President-Elect, Treasurer and at least two other members from the Board of Directors appointed by the President, and the Executive Director, ex officio. The AANI Executive Committee includes the Chair, Chair Elect, Treasurer-Secretary and at least two other members from the Board of Directors appointed by the Chair. Form 990, Part VI, Section A, Line 2 Filers CEO, CFO, and the Deputy Executive Director of the corporation's subsidiary, American Academy of Neurology Institute (AANI), are co-employed by both entities. Fifteen Directors of the corporation were also Board members of AANI in the tax year. Accordingly, the individuals in the enumerated posts each had a business relationship with the overlapped Directors. Form 990, Part VI, Section A, Line 6 The Academy's membership includes individuals who meet the requirements of the following membership classes: Senior, Student, Intern, Resident/Fellow, Business Administrators, Advance Practice Providers, Researchers, International and US Physician. Members and applicants must demonstrate ethical and professional conduct. Please see www.aan.com for details on each membership class. Form 990, Part VI, Section A, Line 7a All classes of membership vote for the election of one or more members of the governing body, who must be fellows or honorary or senior members whose prior classification was fellow. Eligible voting members select members of the governing body periodically as variances arise or otherwise. Form 990, Part VI, Section A, Line 7b The Academy's members having voting rights and accordingly have rights to elect members of the Board (and approve certain officers). Amendments to the Articles of Incorporation and Bylaws must be brought before the members to effect adoption. Form 990, Part VI, Section B, Line 11b The CFO performed extensive review of the draft 990 as initially prepared by AAN's staff accountant and reviewed by the Controller. The draft was reviewed by the Academy's exempt organization's tax professional. The form was then presented to the Audit Committee by the CFO and other members of the management team for the Committee's comments. The finalized 990 is brought to the Board of Directors for discussion during a regularly schedule meeting. At that time, a complete overview of the final 990 form is to be provided by the CFO and general Counsel. The form 990 is filed after this process. Form 990, Part VI, Section B, Line 12c The Academy operates with a conflict of interest policy covers individuals serving as officers directors, committee members, teachers, authors, consultants as well as any other capacity with leadership responsibility as an "official" of the organization. Covered individuals are required to complete a relationship disclosure statement annually, or more frequently if changes in personal circumstances occur. The statements are reviewed and actions determined in line with the organization's hierarchy based on the individuals position and the the recommendation of General Counsel. Conflicts are handled on an individual basis. Actions taken reflect the severity of the actual/potential conflict ranging from "no action required", to an on-going monitoring with appropriate disclosures of such facts, or required withdrawal of the individual from the conflicting relationship. Conflict of interest proceedings are documented in meeting minutes or as otherwise appropriate. Form 990, Part VI, Section B, Line 15 The Academy's Board utilizes a Compensation Committee to set the compensation for the CEO; that Committee employs the procedures inquired here and last set of compensation set in 2021. The CEO is charged with setting compensation for the employed Officers and Key Employees and in doing so, compensation surveys are utilized. The Committee reviews comprehensive market studies every 2-3 years and will make market adjustments accordingly. Annual salary adjustments are made as performance warrants. The last market adjustment was made in 2021. Form 990, Part VI, Section C, Line 19 The Academy makes its governing documents, conflict of interest policy, and financial statements available to anyone on its website. American Academy of Neurology Institute 201 Chicago Avenue Minneapolis MN 55415 410726167 Promote and administer charitable activities in neurosciences MN 501 (C)(3) Line 7 American Academy of Neurology 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 American Academy of Neurology Institute d 7125 Loan Guarantee (new facility), AAN required to co-sign (amount shown is balance as of December 31, 2022) American Academy of Neurology Institute k 1574730 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement. American Academy of Neurology Institute o 9225064 Sharing of employees. Amount is based on the fair market value. American Academy of Neurology Institute q 3564436 Finance, HR, IT, Marketing FMV recovered per resource allocation agreement American Academy of Neurology Institute b 740521 Pro rate share of the Employee Retention Credit for leased employees to the American Academy of Neurology Institute.