2024-09-30T11:10:58-07:00 2023-12-31 410746749 CliftonLarsonAllen LLP 220 S 6th Street Suite 300 Minneapolis MN 55402 990 2023-01-01 410726167 AMERICAN ACADEMY OF NEUROLOGY INSTITUTE AMER 8008791960 201 Chicago Avenue Minneapolis MN 55415 Kevin Myren Chief Financial Officer 6129286023 2024-09-30 1 1 Sarah Reichling P01587996 6123973066 2024-09-30 2023 2024-10-15 13:58:12Z Mary Post 201 Chicago Avenue Minneapolis MN 55415 61379274 0 X www.aan.com X 1948 MN The American Academy of Neurology Institute (AANI) provides top-tier education and scientific programming to the field of neurology and the broader medical community. The Academy is dedicated to the concept of lifelong learning and providing education opportunities that respond to members' needs over the course of their careers. 20 14 0 2263 235440 210943 13731823 12690568 20998312 20771493 210395 2768711 2910696 3149097 37851226 39379869 8502956 5378004 0 0 9233863 9532854 0 0 0 19156617 22251960 36893436 37162818 957790 2217051 117257133 132840684 33019427 36096986 84237706 96743698 The mission of the corporation is to promote the highest quality patient-centered neurologic care. 0 0 24742391 5176009 16553137 Annual Meeting and Conferences: The 2023 Annual Meeting, which took place over six days in Boston and online to accommodate member needs, drew a record 15,347 attendees. This award-winning meeting was rated good or excellent by 94% of attendees. On-demand content remained available for all conferences, allowing the AANI to reach learners on a global level as well as providing continued access to meeting content throughout the year. The value of these on-demand offerings has been appreciated by the members and supports the mission of the Academy. After the success of the previous year's event, the Academy held a hybrid Summer Conference focused on Emergency and Hospital Neurology that drew more than 500 registrants. More than 96% of attendees rated the conference good or excellent. More than 1,000 registrants took part in the hybrid Fall Conference, which included a pre-conference for advanced practice providers. All events were well attended and 97% of attendees rated the conference as good or excellent. The second AAN Brain Health Summit was held on September 21 in Washington, DC, convening more than 150 leaders in brain health science, policy, and education. During the summit, the AAN and American Heart Association (AHA) announced a new joint research program, the Ralph L. Sacco Scholarships in Brain Health, also known as the Sacco Scholars program. 4011128 201995 0 Training / Tools / Resources (AANI): The AANI continues to address areas of controversy and importance in its evidence-based guidelines program. There are currently 10 active projects at various stages of development, and the AANI is participating in several collaborations with our neurology partners for subspecialty-related guidelines . The Academy continued to focus on various resources that help members provide optimal care for their patients. It published the guideline "Determination of Brain Death/Death by Neurological Criteria," updated the ALS measures set, released a series of webinars on telehealth, and provided analysis and recommendations for AAN members on a new dementia care model from the Centers for Medicare & Medicaid Services (CMS). Work started on two new guidelines initiatives related to functional seizures and ALS care. 3126008 0 1124294 Continuing Medical Education Programs: The AANI was successfully reaccredited for the 2023-2026 reaccreditation cycle by the Accreditation Council for Continuing Medical Education. It also made various enhancements to its virtual education tools, launching a new and improved learning management system and providing a major system update for the Neurology Question of the Day app. Finally, the Academy launched a new NeuroSAE(R) Medical Student Edition, which is designed for the medical student neurology clerk. 0 0 0 31879527 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 249 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 14 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X X Kevin C Myren 6129286100 201 Chicago Avenue Minneapolis MN 55415 Mary E Post Chief Executive Director 9 48 X 0 601293 55507 Jason Kopinski Deputy Executive Director/Chief Operating Officer 1 44 X 0 389261 55507 Kelly Ricker Chief Learning Officer 43 3 X 0 370854 35588 John Hutchins General Counsel 5 44 X 0 330310 55153 Kevin Myren Chief Financial Officer 19 28 X 0 315146 36904 Sukhjeet Ahuja Chief Health Policy Officer 23 25 X 0 284116 48122 Orly Avitzur MD MBA FAAN Immediate Past Chair 2 2 X 0 161122 0 Carlayne E Jackson MD FAAN Chair 10 10 X X 0 148951 0 Lyell K Jones Jr MD FAAN Director 1 0 X 0 104040 0 Natalia Rost MD MPH FAHA FAAN Chair Elect 5 5 X X 500 60000 0 Janis Miyasaki MD MeD FAAN Vice Chair 1 1 X X 150 33484 0 Joseph I Sirven MD FAAN Director 1 1 X 0 11577 0 Bruce Ovbiagele MD MSc MAS MBA Director 1 1 X 5350 0 0 Jose H Posas MD FAAN Director 1 1 X 2150 0 0 Jennifer Bickel MD FAAN Director 1 1 X 900 100 0 Paul M George MD PhD MSE FAAN Director 1 0 X 500 0 0 Lily Jung Henson MD MMM FAAN Director 1 1 X 500 0 0 Charles C Flippen II MD FAAN Director 1 1 X 150 0 0 Larry B Goldstein MD FAHA FAAN Director 1 1 X 150 0 0 Sarah M Benish MD FAAN Director 1 1 X 0 0 0 Wayne E Anderson DO FAHS FAAN Director 1 1 X 0 0 0 Shannon M Kilgore MD FAAN Director 1 1 X 0 0 0 Brett M Kissela MD MS FAAN Director 1 0 X 0 0 0 Jose G Merino MD MPhil FAHA FAAN Director 1 1 X 0 0 0 Jeffrey C McClean II MD FAAN Director 1 1 X 0 0 0 Gregory J Esper MD MBA FAAN Director 1 1 X 0 0 0 10350 2810254 286781 0 1 0 American Academy of Neurology 201 Chicago Avenue Minneapolis MN 55415 Services of Shared Employees 3107432 Encore Group (USA) LLC 23918 Network Pl Chicago IL 606731239 Audio Visual Services and Equipment for Conferences 2697785 Levy Premium Foodservice LP 415 Summer Street Boston MA 02210 Food & Beverage Services 1321180 Freeman Decorating Co PO Box 650036 Dallas TX 752650036 Decorating Services 1218162 Restaurant Associates dba MAX Ultimate Foods 1 Science Road Boston MA 02114 Food and Beverage Services 612707 16 0 0 0 0 0 12690568 0 12690568 Conference/Educational Fees 541990 16041369 16041369 0 0 Products/Publications 511120 1636062 1400622 235440 0 Management/Access Fee 561000 1514062 1514062 0 0 Dues 541900 1580000 1580000 0 0 0 0 0 0 20771493 2897612 0 0 2897612 0 0 0 0 2411678 0 0 2411678 0 0 0 0 0 0 0 0 0 0 21870504 0 21999405 0 -128901 0 -128901 0 0 -128901 0 0 0 0 0 0 0 0 0 0 0 0 133250 0 133250 133250 0 0 Miscellaneous Revenue 900099 604169 604169 0 0 0 0 0 0 604169 39379869 21273472 235440 5180389 4729459 4729459 254545 254545 394000 394000 0 0 0 0 0 0 0 0 7299962 6242906 1057056 718207 614209 103998 999212 854523 144689 515473 440831 74642 3436791 2888356 548435 15459 14827 632 26346 0 26346 0 0 0 71801 0 71801 3243897 1845862 1398035 304123 304123 0 1286725 1055254 231471 0 0 0 0 0 0 1112406 0 1112406 1373079 1369063 4016 0 0 0 10169411 10169411 0 0 0 0 0 0 0 584603 75045 509558 101045 101045 0 Unrelated Business Income Tax 65045 65045 0 Dues and Subscriptions 27804 27804 0 Stipends / Honoraria 472514 472514 0 -39089 -39295 206 37162818 31879527 5283291 0 4878183 25340 4766951 6726085 3363223 2166606 2265268 3231460 0 0 0 0 0 0 724486 761611 21611091 8511936 13675095 13099155 84759183 100357598 2824744 6472829 0 0 0 0 0 0 117257133 132840684 2992128 4262829 8237897 7081613 4425010 6170122 7008819 6270963 10355573 12311459 33019427 36096986 X 83945375 93810159 292331 2933539 84237706 96743698 117257133 132840684 X 2217051 9026207 0 0 0 1262734 X 0 1 X 1 0 X 7876010 5870341 8065466 13731823 12690568 48234208 0 0 0 0 0 0 0 0 0 0 0 0 7876010 5870341 8065466 13731823 12690568 48234208 0 48234208 4864822 4893865 5020923 2896229 4411674 22087513 182100 0 0 0 235440 417540 0 0 0 0 0 0 70739261 1414785 0.68186 0.54303 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32106356 16000000 5364958 7000 0 0 53464314 37215637 0 -5109281 0 0 0 32106356 32679787 0 4538350 2500 0 0 37215637 30368770 0 2313517 2500 0 0 32679787 231528 28623885 1516857 3500 0 0 30368770 0.9941 0.0026 0.0033 0 0 0 661000 661000 0 17202176 5075433 12126743 0 0 0 0 0 3747915 3436503 311412 0 0 0 0 13099155 Funds Held for Others 12311459 12311459 X Schedule D, Part V, Line 4 The AANI Intends to use the endowment funds for awards and grants. The Quasi-Endowment the board will determine the use of draw on annual basis. 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 than not" threshold. This applies to positions taken or expected to be taken in a tax return. The Organization does not believe its financials statements include any uncertain tax positions. The Organizations tax returns are subject to review and examination by federal authorities. The tax returns for years 2020 through 2022 are open to examination by federal authorities. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking 390000 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking 2000 South Asia 0 0 Grantmaking 1000 Sub-Saharan Africa 0 0 Grantmaking 1000 0 0 394000 Europe (including Iceland and Greenland) Educational Grant 390000 Wire 0 0 2 Educational Grant North America (including Canada and Mexico, but not the United States) 1 2000 Wire Educational Grant South Asia 1 1000 Wire Educational Grant Sub-Saharan Africa 1 1000 0 0 0 0 0 0 Schedule F, Part I, Line 2 Educational grants to organizations and individuals are vetted through an application and review process. Grantees are to report at the end of the grant period as to accomplishments and expenditures. AANI awards acknowledge significant achievements in neurology ranging from clinical research to creative writing. The awards applaud the achievements of neurologists from their high school beginnings to lifetime accomplishments. AANI supports funding for clinical investigators interested in academic careers in clinical research. 1 The Ohio State University 1050 Carmack Road Columbus OH 43210 316025986 501c3 460000 Clinical Research and Educational Grants Massachusetts General Hospital Bank of America Na PO Box 414876 Boston MA 022414876 042697983 501c3 453000 Clinical Research and Educational Grants Stanford University Office of Research Administration PO Box 884253 Los Angeles CA 900884253 941156365 501c3 450000 Clinical Research Grants Ann and Robert H Lurie Children's Hospital of Chicago 225 East Chicago Ave No 205 Chicago IL 606112991 362170833 501c3 450000 Clinical Research Grants Washington University In St Louis 700 Rosedale Ave CB 8111-87-1400 St Louis MO 63112 430653611 501c3 300000 Clinical Research Grants Brigham & Women's Hosp-Research Bank of America N A PO Box 3149 Boston MA 022413149 042312909 501c3 300000 Clinical Research Grants Regents of the University of Minnesota NW 5960 PO Box 1450 Minneapolis MN 554855960 416007513 501c3 153000 Clinical Research and Educational Grants Duke University PO Box 602651 Charlotte NC 282602651 560532129 501c3 153000 Clinical Research and Educational Grants Cedars-Sinai Medical Ctr 6500 Wilshire Blvd 1150 Los Angeles CA 900484975 951644600 501c3 150000 Clinical Research Grants Trustees Of University Of PA PO Box 785541 Philadelphia PA 191785541 231352685 501c3 150000 Clinical Research Grants Dana-Farber Cancer Institute 450 Brookline Ave Lw 676 Boston MA 02215 042263040 501c3 150000 Clinical Research Grants Regents of the University of Michigan 3003 South State Ann Arbor MI 48109 386006309 501c3 150000 Clinical Research Grants University of Pittsburg of the Commonwealth System of Higher Education PO Box 640458 Pittsburg PA 152640458 250965591 501c3 150000 Clinical Research Grants Trustees of Indiana University 509 E 3rd Street Bloomington IN 47401 356001673 501c3 150000 Clinical Research Grants University of Rochester- Office of Research Accounting & Costing Standards Box 278832 Rochester NY 146278832 160743209 501c3 150000 Clinical Research Grants California Institute of Technology 1200 East California Blvd MC 234-6 Pasadena CA 91125 951643307 501c3 150000 Clinical Research Grants Maimonides Medical Center 4802 10th Ave Brooklyn NY 11219 111635081 501c3 150000 Clinical Research Grants Columbia University Sponsored Projects Finance PO Box 29789 General Post Office New York NY 100879789 135598093 501c3 117500 Clinical Research Grants Penn State Health Department of Neurology 30 Hope Drive Building A Suite 2800 Hershey PA 170330850 473769205 501c3 43000 Axon Registry IT Grant Neurology Specialists 6161 Kempsville Circle 315 Norfolk VA 23502 541911947 20000 Axon Registry IT Grant Cheyenne Regional Medical Center 214 E 23rd Street Cheyenne WY 82001 836000194 20000 Axon Registry IT Grant St Luke's Health Network Inc 901 Ostrum Street Bethlehem PA 18015 232384282 501c3 20000 Axon Registry IT Grant Memorial Hospital and Health Care Center 800 W 9th Street Jasper IN 475462514 350985964 501c3 20000 Axon Registry IT Grant Sheth MD PA 5375 Coit Road Suite 130 Frisco TX 75035 260592487 20000 Axon Registry IT Grant Cumberland Neurology PA 4140 Ferncreek Drive Suite 401 Fayetteville NC 28314 203927061 20000 Axon Registry IT Grant Tri-State Neurology PLLC 181 Waring Road Memphis TN 38117 208070565 20000 Axon Registry IT Grant Rector and Visitors of the University Of Virginia 1001 N Emmet St PO Box 400195 Charlottesville VA 229044195 546001796 501c3 10000 Educational Grants Trustees of Dartmouth College Office of Sponsored Projects 11 Rope Ferry Rd 6210 Hanover NH 037551421 020222111 501c3 10000 Educational Grants Rowan University 201 Mullica Hill Rd Glassboro NJ 08028 222764819 6000 Educational Grants 23 6 Scientific Research Awards 3 155000 Educational Scholarships 64 94615 Axon Registry IT Grant 1 4930 Schedule I, Part I, Line 2 AANI awards acknowledge significant achievements in neurology ranging from clinical research to creative writing. The awards applaud the achievements of neurologists from their high school beginnings to lifetime accomplishments. AANI supports funding for Clinical Research Training Fellowships offered to neurologist and clinical investigators interested in academic careers in clinical research. 0 0 0 0 0 0 0 0 0 Mary E Post Chief Executive Director 0 526966 0 50523 0 23804 0 34650 0 20857 0 656800 0 50011 Jason Kopinski Deputy Executive Director/Chief Operating Officer 0 336661 0 39253 0 13347 0 34650 0 20857 0 444768 0 39253 Kelly Ricker Chief Learning Officer 0 336177 0 21006 0 13671 0 34650 0 938 0 406442 0 21006 John Hutchins General Counsel 0 285290 0 32568 0 12452 0 30924 0 24229 0 385463 0 32568 Kevin Myren Chief Financial Officer 0 272475 0 30609 0 12062 0 29040 0 7864 0 352050 0 30609 Sukhjeet Ahuja Chief Health Policy Officer 0 243619 0 29091 0 11406 0 27265 0 20857 0 332238 0 29091 Orly Avitzur MD MBA FAAN Immediate Past Chair 0 161122 0 0 0 0 0 0 0 0 0 161122 0 0 Form 990, Part VI, Section A, Line 2 Most Officers and Key Employees of the corporation have a business relationship with filer's Board members and other Officers as all of these individuals concomitantly served as Directors and/or Officers of filer's pare organization, American Academy of Neurology (AAN), and these Officers and Key employees are paid by AAN. Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - American Academy of Neurology 501c6 is the sole voting member of the organization. Form 990, Part VI, Section A, Line 7a The AANI 501c3 board includes the officers and the nine elected directors of the AAN 501c6 as ex-officio voting members, in addition to other AANI directors. Form 990, Part VI, Section B, Line 11b The CFO undertook extensive review the draft Form 990 as initially prepared by the Senior Finance Manager. Their review was thereafter augmented by an exempt organizations Tax Professional. The Form 990 was then presented to the Audit Committee by the CFO and other members of the management team. The Audit Committee reviewed the Form 990 and identified any agreed upon changes to be made. In line with Minnesota Law, the final Form 990 was brought to the Board for discussion and approval (as required by state law) at a regularly scheduled meeting. The Form is then filed after this process. Form 990, Part VI, Section B, Line 12c AANI's conflict of interest policy covers individuals serving as an officer, director, committee member, or positions of official responsibility or leadership. All covered individuals are required to complete a relationship disclosure statement annually, or as changes in personal circumstances occur. The statements are reviewed, and actions determined according to the AANI's hierarchy based on position and recommendation of General Counsel; or by the Executive Committee if a resolution cannot be made. Potential conflicts are handled on an individual basis. Actions taken depend on the severity of the conflict which include no action required, on-going monitoring with appropriate disclosure, or withdrawal from the conflicting relationship. Conflict of interest proceedings are documented in meeting minutes or as appropriate. Form 990, Part VI, Section C, Line 18 Form 1023 is not available, organization established in 1948. 990's are available on AAN.com. 990T that are open to public inspection are available upon request. Form 990, Part VI, Section C, Line 19 AANI makes its governing documents, conflict of interest policy, and financial statements available to its parent entity's members on its website AAN.com. Form 990, Part XI, Line 9 Reversal of prior year grant expenses American Academy of Neurology same as filer Minneapolis MN 55415 611532062 representing members' interest in advancing neurological sciences MN 501(c)(6) na American Academy of Neurology Institute 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 American Academy of Neurology a-iv 1514062 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement American Academy of Neurology e 6375000 Loan Guarantee (new facility), AAN required to co-sign (amount shown is balance as of December 31, 2023) American Academy of Neurology j 1514062 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement American Academy of Neurology o 9532853 Sharing of employees. The Parent AAN houses all AANI employees who are co-employed and is reimbursed at fair market value. American Academy of Neurology p 3107432 Finance, HR, IT, Marketing FMV recovered per resource allocation agreement