2024-09-30T11:14:41-07:00 2023-12-31 410746749 CliftonLarsonAllen LLP 220 S 6th Street Suite 300 Minneapolis MN 55402 990 2023-01-01 611532062 AMERICAN ACADEMY OF NEUROLOGY AMER 6129286100 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 50830915 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 its members. Its mission in 2023 was 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. 20 16 237 3031 309177 0 2910961 324336 43337060 47843837 144069 851714 53636 58167 46445726 49078054 0 0 0 0 27174438 28049209 0 0 0 16960797 16876474 44135235 44925683 2310491 4152371 33587910 38034418 19680426 17841328 13907484 20193090 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: The AAN continued to prove its value to neurology in 2023 by maintaining record membership recruitment and retention. Neurologists and neuroscience professionals from around the world make up more than 40,000 AAN members. 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 was available in 2023. The AAN prepared resources on the three MVPs relevant to neurology: Stroke, Episodic Neurological Conditions, and Neurodegenerative Conditions. Finally, the AAN facilitated support and increased visibility of the Conrad State 30 and Physician Access Reauthorization Act by leading a coalition of organizations in support of the act, organizing coalition group events with Senate and House offices, and creating resources. 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 its 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. Several of these important publications saw enhancements in 2023. The AAN's flagship Neurology(R) journal moved to a new, streamlined system for submitting research manuscripts and decreasing turnaround times. It also migrated to a new web platform that increased accessibility and discoverability of article content. Finally, the entire Neurology family of journals shifted to continuous publishing, decreasing time to final publication of an accepted article by six weeks. 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 1 200 0 1 237 1 1 1 0 0 0 1 1 0 0 0 X 20 16 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 48 9 X 601293 0 55507 Jason Kopinski Deputy Executive Director/Chief Operating Officer 44 1 X 389261 0 55507 Kelly Ricker Chief Learning Officer 3 43 X 370854 0 35588 John Hutchins General Counsel 44 5 X 330310 0 55153 Angela Babb Chief Communications and Membership Officer 46 6 X 323910 0 52049 Kevin C Myren Chief Financial Officer 28 19 X 315146 0 36904 Deanna Ekholm Chief Human Resource and Diversity Officer 48 0 X 317452 0 29006 Sukhjeet Ahuja Chief Health Policy and Quality Officer 25 23 X 284116 0 48122 Amanda Becker Senior Director, Practice and Advocacy 42 1 X 204748 0 18751 Walter Roeckeman Director, Information Systems & Services 47 0 X 166360 0 42190 Patricia Baskin Senior Director Publications 51 0 X 179486 0 25360 Christine Kokaisel Senior Director, Membership 49 0 X 173428 0 30844 Susan Rodmyre Senior Director, Education, Science & Academi 0 44 X 169190 0 31303 Orly Avitzur MD MBA FAAN Immediate Past President 2 2 X X 161122 0 0 Carlayne E Jackson MD FAAN President 10 10 X X 148951 0 0 Lyell K Jones Jr MD FAAN Director 0 1 X 104040 0 0 Natalia S Rost Chair Elect 5 5 X X 60000 0 0 Janis Miyasaki MD MEd FRCPC FAAN Vice President 1 1 X X 33484 0 0 Bruce Ovbiagele MD MSC MAS MBA FAAN Director 1 1 X 0 5350 0 Bruce H Cohen MD FAAN Director 1 0 X 3500 0 0 Jose H Posas MD FAAN Director 1 1 X 0 2150 0 Nimish A Mobile MD FAAN Director 1 0 X 0 1550 0 Jennifer Bickel MD FAAN Director 1 1 X 0 900 0 Maisha T Robinson MD MSHPM FAAN Director 1 0 X 0 820 0 Brenda Banwell MD FAAN Director 0 0 X 0 700 0 Brad C Klein MD MBA FAAN Director 1 0 X 0 650 0 Jeffrey C McClean II MD FAAN Director 1 1 X 0 0 0 Jose G Merino MD MPhil FAHA FAAN Director 1 1 X 0 0 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 Lily Jung Henson MD MMM FAAN Director 1 1 X 0 0 0 Shannon M Kilgore MD FAAN Director 1 1 X 0 0 0 Sarah M Benish MD FAAN Secretary 0 0 X X 0 0 0 James N Goldenberg MD FAAN Director 0 0 X 0 0 0 Charlene Gamaldo MD FAAN Director 0 0 X 0 0 0 Larry B Goldstein MD FAHA FAAN Director 1 1 X 0 0 0 Gregory J Esper MD MBA FAAN Director 1 1 X 0 0 0 4336651 12120 516284 69 0 1 0 American Academy of Neurology Institute 201 Chicago Avenue Minneapolis MN 55415 Access facilities/equipment 1514062 Fionta Incorporated PO BOX 66794 Washington DC 20035 Salesforce and Web Development 1394652 The Mayflower Hotel 1127 Connecticut Ave NW Washington DC 20036 Hospitality Services 253264 Taylor Corporation Box 88237 Milwaukee WI 532880237 Marketing Services 239108 Voro 100 S 1st Street No 582448 Minneapolis MN 55458 Marketing Services 229348 18 0 0 0 0 37418 286918 0 324336 Publishing 511110 22372965 22063788 309177 0 Membership Dues 900099 9885260 9885260 0 0 Salaries and Benefits 561000 11519870 11519870 0 0 Reimbursement of Admin Expenses 561000 3846227 3846227 0 0 Conferences 541900 93350 93350 0 0 126165 126165 0 0 47843837 892720 0 0 892720 0 0 0 0 0 0 0 0 0 0 1711855 0 1752861 0 -41006 0 -41006 0 0 -41006 0 58167 58167 0 0 58167 49078054 47592827 309177 851714 0 0 0 0 3703735 18636230 1845383 2364557 1499304 0 55871 0 45896 0 43996 2993110 961572 593848 1647232 0 1748435 1298652 0 1096179 26928 0 143274 203596 Subscriptions, memberships, contributions 4685334 Honoraria and Stipends 1289113 Income Tax 6922 All other expenses 36516 0 44925683 0 0 0 3073304 6909612 20539449 23500685 0 0 5724937 4879552 0 0 0 0 0 0 0 0 714224 616232 3057669 1621656 1682973 1436013 1853023 692324 33587910 38034418 6446627 6477325 0 0 11378897 9431961 0 0 0 0 0 0 0 0 0 0 1854902 1932042 19680426 17841328 X 13521239 19820927 386245 372163 13907484 20193090 33587910 38034418 4152371 2414232 0 0 -280997 0 X 0 1 X 1 0 0 0 0 0 0 0 BrainPAC 201 Chicago Avenue Minneapolis MN 55415 270644272 0 149940 0 0 0 9885260 841331 0 841331 988526 -147195 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 3057669 1621656 1436013 0 0 0 0 1436013 0 Lease Payable ST 136424 Lease Payable Long Term 1153567 Deferred Compensation 642051 1932042 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 2020 through 2022 are open to examination by Federal authorities. 0 0 0 Mary E Post Chief Executive Officer 526966 0 50523 0 23804 0 34650 0 20857 0 656800 0 50011 0 Jason Kopinski Deputy Executive Director/Chief Operating Officer 336661 0 39253 0 13347 0 34650 0 20857 0 444768 0 39253 0 Kelly Ricker Chief Learning Officer 336177 0 21006 0 13671 0 34650 0 938 0 406442 0 21006 0 John Hutchins General Counsel 285290 0 32568 0 12452 0 30924 0 24229 0 385463 0 32568 0 Angela Babb Chief Communications and Membership Officer 278997 0 32193 0 12721 0 30827 0 21221 0 375959 0 32193 0 Deanna Ekholm Chief Human Resource and Diversity Officer 270705 0 34925 0 11822 0 28385 0 621 0 346458 0 29773 0 Kevin C Myren Chief Financial Officer 272475 0 30609 0 12062 0 29040 0 7864 0 352050 0 30609 0 Sukhjeet Ahuja Chief Health Policy and Quality Officer 243619 0 29091 0 11406 0 27265 0 20857 0 332238 0 29091 0 Amanda Becker Senior Director, Practice and Advocacy 172288 0 31956 0 504 0 18130 0 621 0 223499 0 11956 0 Patricia Baskin Senior Director Publications 167196 0 11786 0 504 0 17465 0 7895 0 204846 0 11786 0 Christine Kokaisel Senior Director, Membership 159314 0 13610 0 504 0 17390 0 13454 0 204272 0 11610 0 Susan Rodmyre Senior Director, Education, Science & Academi 156743 0 11943 0 504 0 17409 0 13894 0 200493 0 11943 0 Walter Roeckeman Director, Information Systems & Services 154015 0 11841 0 504 0 17185 0 25005 0 208550 0 11787 0 Orly Avitzur MD MBA FAAN Immediate Past President 161122 0 0 0 0 0 0 0 0 0 161122 0 0 0 Schedule J, Part I, Line 4 Sukjheet Form 990, Header, Line I 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. 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: Neurologist, Physician Affiliate, Researcher, Advanced Practice Provider, Business Administrator, Student, Intern, Junior. 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 2023. 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 full market review was in 2021, with adjustments made to the salary band in 2022. 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 6375000 Loan Guarantee (new facility), AAN required to co-sign (amount shown is balance as of December 31, 2023) American Academy of Neurology Institute k 1514062 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement. American Academy of Neurology Institute o 9532853 Sharing of employees. Amount is based on the fair market value. American Academy of Neurology Institute q 3436790 Finance, HR, IT, Marketing FMV recovered per resource allocation agreement