2023-11-01T16:00:32+00:00 2022-12-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2022-01-01 363286520 The Chest Foundation CHES 2245219800 2595 Patriot Blvd Glenview IL 60026 Stratton Davies CFO 2023-11-01 true P Stratton Davies 999009999 Jennifer Burke P01342224 3128997000 2022 2023-04-26 12:10:37Z Robert Musacchio 2595 Patriot Blvd Glenview IL 60026 2980179 false X www.chestfoundation.org X 1984 IL The CHEST Foundation's mission is to champion lung health. 14 14 0 75 0 0 1575797 1388612 1600 913 2328215 437138 -86561 -149098 3819051 1677565 860000 800505 0 0 0 477155 826105 664739 1686105 1465244 2132946 212321 22090830 19817610 991427 908817 21099403 18908793 The CHEST Foundation champions lung health by supporting clinical research, community service and patient education. false false 774166 748667 0 SINCE ITS INCEPTION, THE CHEST FOUNDATION (THE FOUNDATION) HAS OFFERED MEMBERS OF THE AMERICAN COLLEGE OF CHEST PHYSICIANS (CHEST) OPPORTUNITIES TO SECURE GRANTS FOR CLINICAL RESEARCH PROJECTS IN DISCIPLINES OF PULMONARY, CRITICAL CARE, AND SLEEP MEDICINE, AND ON TOPICS RANGING FROM ASTHMA TO LUNG CANCER. THE CHEST FOUNDATION PARTNERS WITH OTHER ORGANIZATIONS TO CREATE RESEARCH OPPORTUNITIES IN OVER 10 DISEASE STATES AND COLLABORATIVELY OFFERS MONETARY AWARDS TO SUPPORT CLINICAL RESEARCH THAT LEADS TO IMPROVEMENT IN PATIENT CARE. AWARD APPLICATIONS ARE PEER-REVIEWED BY CHEST CLINICIAN COMMITTEES WHO THEN SELECT RECIPIENTS USING A DETAILED SCORING RUBRIC. THE FOUNDATION TRACKS PROGRESS OF ALL CLINICAL RESEARCH AND COMMUNITY SERVICE AWARD RECIPIENTS OVER TIME. THE FOUNDATION ALSO OFFERS COMMUNITY SERVICE GRANTS TO SUPPORT SIGNIFICANT COMMUNITY-BASED PROJECTS THAT BENEFIT FROM THE VOLUNTEER SERVICE OF CHEST MEMBERS WORLDWIDE. SELECTED PROJECTS MUST SHOW A CLEAR IMPACT ON THEIR COMMUNITY AND HAVE POTENTIAL FOR LONG-TERM SUSTAINABILITY AND REPLICABILITY. THE GRANTS ARE PAID TO THE NON-PROFIT OR NON-GOVERNMENTAL ORGANIZATION IN WHICH THE CHEST MEMBER DONATES TIME AND MEDICAL SERVICE. 130983 51838 913 THE CHEST FOUNDATION DEVELOPS, OFTEN WITH PATIENT ADVOCACY PARTNERS, HIGH QUALITY PEER-REVIEWED PATIENT EDUCATION MATERIALS AND TOOLS ACROSS MORE THAN 60 LUNG HEALTH TOPICS. THE FOUNDATION DISSEMINATES THOSE MATERIALS TO PATIENTS, CAREGIVERS, THE GENERAL PUBLIC, AS WELL AS MEMBERS OF CHEST. DISSEMINATION AND AWARENESS OF HIGH-QUALITY MATERIALS ARE DELIVERED VIA CHEST'S COMMUNICATION CHANNELS, SOCIAL AND NEW MEDIA, THE FOUNDATION'S WEBSITE, TOPIC-SPECIFIC MICRO-SITES, PATIENT-FACING PARTNER ORGANIZATIONS, AND OTHER EXTERNAL CHANNELS AND PARTNERS THAT REACH CLINICIANS, PATIENTS, CAREGIVERS AND THE PUBLIC. IN ADDITION, THE FOUNDATION HAS DEVELOPED NATIONAL, COMPREHENSIVE, MULTI-CHANNEL DISEASE SPECIFIC CAMPAIGNS THAT FOCUS ON LUNG HEALTH BARRIERS AND AREAS OF INTEREST THAT REACH PATIENTS, THEIR FAMILIES, AND THEIR HEALTHCARE PROVIDERS. INFORMATION DEVELOPED AND DISSEMINATED IN THE CAMPAIGN, OFTEN IN COALITION WITH OTHER ORGANIZATIONS, MAY RANGE FROM CAUSES, SYMPTOMS, PREVENTION, DIAGNOSIS, TREATMENT AND TOOLS THAT MEET THE NEEDS OF PATIENTS, CAREGIVERS AND CLINICIANS. TYPICAL LUNG CONDITIONS COVERED ARE: ASTHMA, COPD, LUNG CANCER, PULMONARY ARTERIAL HYPERTENSION AND INTERSTITIAL LUNG DISEASE (LIKE PULMONARY FIBROSIS). THROUGH THESE PATIENT-AND-CLINICIAN FOCUSED PROJECTS AND CAMPAIGNS, THE FOUNDATION IS PROVIDING INFORMATION AND TOOLS THAT EMPOWER A COMMUNITY OF PATIENTS AND CAREGIVERS TO MORE EFFECTIVELY COMMUNICATE WITH HEALTHCARE PROVIDERS, MAKE MORE INFORMED DECISIONS ABOUT THEIR HEALTH, AND PARTICIPATE MORE FULLY IN MANAGING THEIR DISEASE OR CONDITION. 905149 true true false false false false false false true false false false true false true true true false false true true false false true true false true true true false false false false false false false false false false false false false true false false false true 70 0 true 0 false false false false false true true false false false false false false X 14 14 false false false false true true true true true false false true true true true true true false false false CA CO FL GA AL HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA AR WV WI X X P Stratton Davies 2245219800 2595 Patriot Blvd Glenview IL 60026 Edward J Diamond MD MBA FCCP Immediate Past President and Trustee 1.0 0.0 X X 0 0 0 Edward J Diamond MD MBA FCCP Immediate Past President and Trustee 1.0 0.0 X X 0 0 0 Ian T Nathanson MD FCCP President and Trustee 2.0 0.0 X X 0 0 0 Ian T Nathanson MD FCCP President and Trustee 2.0 0.0 X X 0 0 0 Robert De Marco MD FCCP President -Elect and Trustee 1.0 0.0 X X 0 0 0 Robert De Marco MD FCCP President -Elect and Trustee 1.0 0.0 X X 0 0 0 Bravein Amalakuhan MD FCCP Trustee 1.0 0.0 X 0 0 0 Bravein Amalakuhan MD FCCP Trustee 1.0 0.0 X 0 0 0 Burton L Lesnick MD FCCP Trustee 1.0 0.0 X 0 0 0 Burton L Lesnick MD FCCP Trustee 1.0 0.0 X 0 0 0 Carolyn M D'Ambrosio MD FCCP Trustee 1.0 0.0 X 0 0 0 Carolyn M D'Ambrosio MD FCCP Trustee 1.0 0.0 X 0 0 0 David J Steiger MBChB FCCP Trustee 1.0 0.0 X 0 0 0 David J Steiger MBChB FCCP Trustee 1.0 0.0 X 0 0 0 Jairo A Melo MD FCCP Trustee 1.0 0.0 X 0 0 0 Jairo A Melo MD FCCP Trustee 1.0 0.0 X 0 0 0 Jay I Peters MD FCCP Trustee 1.0 0.0 X 0 0 0 Jay I Peters MD FCCP Trustee 1.0 0.0 X 0 0 0 Kim D French MHSA CAPPM FCCP Trustee 1.0 0.0 X 0 0 0 Kim D French MHSA CAPPM FCCP Trustee 1.0 0.0 X 0 0 0 Mitchell C Feldman Trustee 1.0 0.0 X 0 0 0 Mitchell C Feldman Trustee 1.0 0.0 X 0 0 0 Patti Tuomey EdD Trustee 1.0 0.0 X 0 0 0 Patti Tuomey EdD Trustee 1.0 0.0 X 0 0 0 Salim R Surani MD FCCP Trustee 1.0 0.0 X 0 0 0 Salim R Surani MD FCCP Trustee 1.0 0.0 X 0 0 0 Semra Bilaceroglu MD FCCP Trustee 1.0 0.0 X 0 0 0 Semra Bilaceroglu MD FCCP Trustee 1.0 0.0 X 0 0 0 Robert A Musacchio PhD EVP/CEO 10.0 30.0 X 0 234947 14500 Stratton Davies CPA CFO 3.0 40.0 X 0 143163 16374 0 378110 30874 0 false true false 0 382284 1006328 1064 1388612 Educational Programs 611600 913 913 0 0 0 0 913 322824 322824 0 0 1071840 957526 114314 0 114314 114314 103000 382284 258066 -155066 -155066 92990 87022 5968 5968 0 0 0 0 0 1677565 913 0 288040 594505 594505 49000 49000 157000 157000 12715 12715 24931 24931 28528 28528 127173 19599 7225 100349 25528 2654 2539 20335 53429 22173 753 30503 43924 12564 822 30538 178490 39654 5427 133409 Bad debts 166000 8000 158000 Dues and subscriptions 4021 4021 0 0 0 0 1465244 905149 82940 477155 15369084 2183267 540880 416126 0 0 0 0 52886 48630 0 0 0 0 1056413 12406525 0 0 5071567 4763062 22090830 19817610 991427 908817 0 0 0 0 0 991427 908817 X 15943135 14762410 5156268 4146383 21099403 18908793 22090830 19817610 212321 -2402931 0 X false true X true false X X X 1 AMERICAN COLLEGE OF CHEST PHYSICIANS 362170783 9 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4545477 2500 -658185 93000 3796792 4495433 0 200044 150000 4545477 4234410 0 411023 150000 4495433 4304804 0 79606 150000 4234410 4282044 250 244266 221756 4304804 0.0 0.98 0.02 false false Due from affiliated organization 4763062 4763062 due to affiliated organization 0 X -387227 -2402931 366599 -2036332 1649105 28460 0 28460 1677565 1803383 366599 366599 1436784 28460 0 28460 1465244 Schedule D, Part V, Line 4 Intended uses of endowment funds The organization uses the endowment funds to support clinical research. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation has received a favorable determination letter from the Internal Revenue Service stating it is exempt from Federal income taxes on related income under Section 501(a) as an entity described in Section 501(c)(3) of the Internal Revenue Code. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Foundation recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Foundation has no amounts accrued for interest or penalties as of the years ended December 31, 2022 and December 31, 2021. Due to its tax-exempt status, the Foundation is not subject to U.S. federal income tax or state income tax, except on unrelated business income. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 non financial asset contributions - 366599 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 non financial expense contributions - 366599 true North America (Canada & Mexico only) 0 0 Grantmaking 30000 North America (Canada & Mexico only) 0 0 Grantmaking 30000 North America (Canada & Mexico only) 0 0 Grantmaking 30000 Europe (Including Iceland and Greenland) 0 0 Grantmaking 30000 North America (Canada & Mexico only) 0 0 Grantmaking 30000 0 0 0 0 0 0 150000 0 150000 North America (Canada & Mexico only) Clinical Research Grant in PAH 30000 wire Europe (Including Iceland and Greenland) Clinical Research Grant in Asthma 30000 wire North America (Canada & Mexico only) Clinical Research Grant in Asthma 30000 wire North America (Canada & Mexico only) Clinical Research Grant in Sleep 30000 wire North America (Canada & Mexico only) Clinical Research Grant in Pediatric Lung Health 30000 wire 5 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The CHEST Foundation's (the foundation) Awards Committee oversees the Clinical Research and Humanitarian Awards Program that offers annual grants to tax-exempt organizations or non-governmental organizations (NGO) to which American College of Chest Physicians (CHEST), a related tax-exempt organization, members donate their time and expertise. A peer review application process is used to select recipients of the funds. The NGO provides proof of its status. The CHEST Foundation only confers part of the monetary grant accompanied by a letter of agreement to the recipient organization. As part of the agreement, the recipient organization must submit a report at the 1 year milestone of the project, if it is a multi-year grant. After the report is reviewed, the remaining grant funds are released. A final report is due at the conclusion of the grant period for all grants. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual Belmont Stakes 291741 255741 36000 3319 2813 32680 11500 118855 Irv Feldman Poker Tournament 193543 126543 67000 14440 5678 20890 47891 0 485284 382284 103000 17759 8491 53570 11500 166746 258066 -155066 92990 12563 5678 68781 true 1.0 92990 12563 5678 68781 IL true false true false 0.0 1.0 Stratton Davies 2595 Patriot Boulevard Glenview IL 60026 false IMPLEVENTS LLC 34563 OVERSEES GAMING ACTIVITIES X false 0 true Houston Methodist Hospital 870721923 501(c)(3) 50000 Scholar in Thrombosis Award Case Western 341018992 501(c)(3) 30000 Young Investigator Grant NYU Grossman School of Medicine 135562308 501(c)(3) 30000 Clinical Research in COPD University of Pittsburgh Medical Center 250965591 501(c)(3) 30000 Clinical Research in COPD The Miriam Hospital 050258905 501(c)(3) 10000 Women and Pulmonary Columbia University 135598093 501(c)(3) 50000 Clinical Research in Pulmonary University of Virginia School of Medicine 546001796 501(c)(3) 50000 Clinical Research in Pulmonary Team Telomere Inc 263776187 501(c)(3) 15000 Community Service Grant University of Kansas Medical Center 481108830 501(c)(3) 15000 Community Service Grant Augusta University 581418202 501(c)(3) 15000 Community Service Grant University of Rochester 160743209 501(c)(3) 30000 Clinical Research Grant VTE Brigham and Women's Hospital 042312909 501(c)(3) 30000 Clinical Research Grant Sleep University of Kansas Medical Center 481108830 501(c)(3) 30000 Clinical Research Grant Sleep NYU Grossman School of Medicine 135562308 501(c)(3) 20000 Sarcoidosis Research Grant University of California San Francisco 942829914 501(c)(3) 10000 Research Grant for Medical Education NYU Grossman School of Medicine 135562308 501(c)(3) 30000 Research Grant in COVID-19 Harvard Medical School 042312909 501(c)(3) 30000 Research Grant in Critical Care American Thoracic Society 061548706 501(c)(3) 51838 Health Disparities American Thoracic Society 061548706 501(c)(3) 67667 Respiratory Health 19 0 Young Investigator Award 1 1000 Clinical Research in COPD 2 2000 Clinical Research in Pulmonary 1 1000 Community Service Grant 2 2000 Clinical Research in Sleep 1 1000 Foundation Travel Grants 40 40000 Sarcoidosis Research Grant 1 1000 Critical Care Research Grant 1 1000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The CHEST Foundation (the Foundation) enters into a formal legal agreement with all grantees articulating all requirements related to the grant including reporting, intellectual property ownership, circumstances related to noncompliance to grant agreement terms, payment schedule, and project expectations. All reporting deadlines are supervised by the Foundation staff. The Foundation requires proof of 501(c)(3) status and/or proof that the funds will be used consistently with the Foundation's exempt purposes. The Foundation screens all organizations prior to issuing grant payments. false false false false false false false false false Robert A Musacchio PhD EVP/CEO 0 189396 0 33000 0 12551 0 14500 0 0 0 249447 0 0 Stratton Davies CPA CFO 0 113926 0 21692 0 7545 0 9641 0 6733 0 159537 0 0 Schedule J, Part I, Line 3 Establish CEO and executive director compensation Compensation for the CEO is paid by American College of Chest Physicians (CHEST), a related organization. CHEST has a compensation committee, which engaged an independent compensation consultant to provide market comparability data, including peer group data analysis, compensation studies and surveys. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE ORGANIZATION DOES NOT COMPENSATE THE TOP MANAGEMENT OFFICIAL, THEREFORE, PART I OF SCHEDULE J HAS NOT BEEN COMPLETED AS WELL AS PART VI, SECTION B QUESTION 15A HAS BEEN ANSWERED NO. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OFFICERS & KEY EMPLOYEES THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR EMPLOYEES. THEREFORE, PART I OF SCHEDULE J HAS NOT BEEN COMPLETED AS WELL AS PART VI, SECTION B QUESTION 15B HAS BEEN ANSWERED NO. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Governance Committee consists of Chest's Immediate Past President, the Foundation's Immediate Past President, three at-large regents from the Board of Regents, and two at-large members of the Board of Trustees to be selected by the CHEST and Foundation Presidents. The Governance Committee shall have the authority of the Board of Trustees subject to resolutions and rules of the Board. The Committee's actions and minutes of any of its meetings shall be maintained in the Foundation's records. Form 990, Part VI, Line 6 Classes of members or stockholders American College of Chest Physicians, a related tax-exempt organization, is the sole voting member of the Chest Foundation. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body American College of Chest Physicians, a related tax-exempt organization, is the sole voting member of the organization and has the authority to elect the organization's governing body. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The authority of American College of Chest Physicians, as the sole voting member, includes but is not limited to, voting on nominees for trustees, approval of the Chest Foundation's budget, and other such lawful business. Form 990, Part VI, Line 11b Review of form 990 by governing body Prior to filing the return with the IRS, a draft of the completed form 990 is reviewed by the Board of Trustees. Form 990, Part VI, Line 12c Conflict of interest policy Annually, the organization distributes an electronic conflict of interest questionnaire to all interested persons to determine if any potential or actual conflicts of interest exist. The Executive/Governance Division of the American College of Chest Physicians reviews each questionnaire electronically submitted by these individuals to determine if any potential or actual conflicts of interest exist and requires the attention of the board. If the board determines that an actual conflict exists, then the interested person with the conflict will recuse him/herself from any related discussion, vote or similar action on the matter. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. However, the Chest Foundation bylaws are available on our website www.chestfoundation.org AMERICAN COLLEGE OF CHEST PHYSICIANS 2595 PATRIOT BOULEVARD GLENVIEW IL 60026 362170783 EDUCATION IL 501(c)(3) 9 NA false ACCP ENTERPRISES INC 2595 PATRIOT BOULEVARD GLENVIEW IL 60026 463025022 EDUCATION IL AMERICAN COLLEGE OF CHEST PHYSICIANS C Corporation 0 false false false false true false false false false false false false false false true true false false true true