2022-09-23T10:31:52-07:00 2021-12-31 410746749 CliftonLarsonAllen LLP 220 S 6th Street Suite 300 Minneapolis MN 55402 990 2021-01-01 611532062 AMERICAN ACADEMY OF NEUROLOGY AMER 6129286100 201 Chicago Avenue Minneapolis MN 55415 Kevin Myren CFO 6129286023 2022-09-23 1 Sarah Reichling P01587996 6123764500 2022-08-12 1 11 1 AAL2 2021 2022-09-23 18:48:47Z Mary Post 201 Chicago Avenue Minneapolis MN 55415 66279383 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 over 38,000 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 14 221 2333 656223 79453 2000 0 39529429 40409392 771277 4229458 87589 81694 40390295 44720544 0 0 0 0 24421670 25167112 0 0 0 14315591 12705030 38737261 37872142 1653034 6848402 34221511 40490110 24377568 25736067 9843943 14754043 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: Even in the face of a second year of the calamitous pandemic and widespread economic uncertainty, the AAN continued to prove its value to neurology by logging yet another record for membership recruitment and retention. Neurologists and neuroscience professionals from around the world now make up more than 38,000 AAN 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: Our accomplishments in 2021 were vital to the members of the Academy. We successfully lobbied Congress to continue to support key telehealth initiatives that allowed patients to access their neurologists safely and in a timely manner. We also were successful in convincing Congress to avert the "Medicare Cliff" that would have caused a nearly 10-percent reduction to Medicare reimbursement on January 1, 2022. And our advocacy efforts led Congress to increase critical research funding. We continued to push to improve access to neurologic care by expanding the professional pipeline of students into the neurology specialty; engaged advanced practice providers (APPs) as key members of the neurology patient care team and increased their numbers to a new record level of members; and kept members informed of the latest health care changes, particularly about the COVID-19 pandemic. 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 provide this content and resources to Academy members, and also provide an opportunity to generate revenue that helps keep membership dues low. 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 1 221 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 51 7 X 560770 0 53409 Christine E Phelps Deputy Executive Director, AANI 9 37 X 397462 0 47793 Bruce Levi Chief Legal and Strategy Officer 44 0 X 360340 0 47793 Jason Kopinski Deputy Executive Director/Chief Operating Officer 37 7 X 346558 0 53409 John Hutchins General Counsel 38 13 X 252580 0 49030 Kevin C Myren Chief Financial Officer 44 1 X 257947 0 34737 Angela Babb Chief Communications and Membership Officer 46 5 X 242832 0 47638 Deanna Ekholm Chief Human Resource Officer 48 1 X 235546 0 22496 Orly Avitzur MD MBA FAAN President 10 10 X X 237110 0 0 Derek Brandt Director Congressional Affairs 43 0 X 192404 0 33862 Daniel Spirn Senior Regulatory Counsel 41 0 X 194596 0 26861 Amy Kaloides Senior Director, Advocacy 42 2 X 166283 0 38458 Kristine Fridgen Deputy Chief, CESC 1 44 X 178064 0 24586 Christopher M Keran Senior Director, Member Insights 39 6 X 162087 0 34747 Catherine M Rydell Chief Executive Officer Emeritus 0 0 X 168528 0 0 Sukhjeet Ahuja Chief Health Policy Officer 20 21 X 113780 0 22081 Carlayne E Jackson MD FAAN President Elect 5 5 X X 60000 0 0 James C Stevens MD FAAN Immediate Past President 1.5 1.5 X 48274 0 0 Janis Miyasaki MD MEd FRCPC FAAN Vice President 2 2 X X 22500 0 0 Bruce H Cohen MD FAAN Director 2 0 X 3000 0 0 Charlene Gamaldo MD FAAN Director 1 1 X 0 2100 0 Brad C Klein MD MBA FAAN Director 2 0 X 0 1600 0 Bruce Ovbiagele MD MSc MAS MBA Director 1 1 X 0 1000 0 Brenda Banwell MD FAAN Director 1.5 1.5 X 0 500 0 Maisha T Robinson MD MSHPM FAAN Director 1.5 0 X 0 500 0 Larry B Goldstein MD FAHA FAAN Director 1 1 X 0 300 0 Sarah M Benish MD FAAN Secretary 1 1 X X 0 0 0 Charles C Flippen II MD FAAN Treasurer 1 1 X X 0 0 0 Wayne E Anderson DO FAHS FAAN Director 2 2 X 0 0 0 James N Goldenberg MD FAAN Director 2 2 X 0 0 0 Lily Jung Henson MD MMM FAAN Director 1 1 X 0 0 0 Shannon M Kilgore MD FAAN Director 1.5 1.5 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 4200661 6000 536900 54 1 1 0 American Academy of Neurology Institute 201 Chicago Avenue Minneapolis MN 55415 Access facilities/equipment 1542906 Ideal Printers 645 Olive Street Saint Paul MN 55130 Printing jobs 169067 Higher Logic LLC 1919 N Lynn Street Suite 500 Arlington VA 22209 Hardware/Software Maintenance 146168 Voro 100 S 1st Street 582448 Minneapolis MN 55458 Marketing Services 144350 Medstar Georgetown University Hospital 3800 Reservoir Rd NW 7PHC Washington DC 20007 Reimbursement for NJ Editor 203200 10 0 0 0 0 0 0 0 0 Publishing 511110 17785204 17128981 656223 0 Salaries and Benefits 561000 9787310 9787310 0 0 Membership Dues 900099 8945724 8945724 0 0 Reimbursement of Admin Expenses 561000 3673952 3673952 0 0 Conferences 541900 8666 8666 0 0 208536 208536 0 0 40409392 1103920 0 0 1103920 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24684377 0 21558839 0 3125538 0 3125538 0 0 3125538 0 0 0 0 0 0 0 0 0 0 0 0 81694 81694 0 0 81694 44720544 39834863 656223 4229458 0 0 0 0 3685612 0 16112511 1494342 2562670 1311977 50619 0 48000 0 0 1832262 760978 524121 1568384 0 1599141 71867 0 129105 808 0 301854 166451 Subscriptions, memberships, contributions 4501792 Honoraria and Stipends 1097618 Income Tax 19776 All other expenses 32254 0 37872142 0 0 0 10536229 3185788 10876397 23696676 0 0 2309523 4811138 0 0 0 0 0 0 0 0 327874 426048 1761757 1278957 674397 482800 9497091 7887660 0 0 0 0 0 0 0 0 34221511 40490110 4215044 5165910 0 0 19473131 19967407 0 0 0 0 0 0 0 0 0 0 689393 602750 24377568 25736067 X 9843943 14754043 0 0 9843943 14754043 34221511 40490110 6848402 -1938302 0 0 0 0 X 0 1 X 1 0 0 0 0 0 0 0 BrainPAC 201 Chicago Avenue Minneapolis MN 55415 270644272 0 46241 0 0 0 8945724 816110 0 816110 1252401 436291 -872582 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 1761757 1278957 482800 0 0 0 0 482800 0 Lease Payable ST 23977 Deferred Compensation 578773 602750 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. X X X X X 0 0 0 Mary E Post Chief Executive Officer March - December 475604 0 31240 0 53926 0 30450 0 22959 0 614179 0 31240 0 Christine E Phelps Deputy Executive Director, AANI 341172 0 20448 0 35842 0 30450 0 17343 0 445255 0 20448 0 Bruce Levi Chief Legal and Strategy Officer 333532 0 20778 0 6030 0 30450 0 17343 0 408133 0 20778 0 Jason Kopinski Deputy Executive Director/Chief Operating Officer 308965 0 19752 0 17841 0 30450 0 22959 0 399967 0 19752 0 John Hutchins General Counsel 220590 0 13962 0 18028 0 24193 0 24837 0 301610 0 13962 0 Kevin C Myren Chief Financial Officer August - December 248634 0 5481 0 3832 0 26503 0 8234 0 292684 0 5481 0 Angela Babb Chief Communications and Membership Officer 218088 0 14060 0 10684 0 24420 0 23219 0 290471 0 14060 0 Deanna Ekholm Chief Human Resource Officer 214449 0 13033 0 8064 0 22496 0 0 0 258042 0 13033 0 Orly Avitzur MD MBA FAAN President 237110 0 0 0 0 0 0 0 0 0 237110 0 0 0 Derek Brandt Director Congressional Affairs 170011 0 8265 0 14128 0 18651 0 15212 0 226267 0 8265 0 Daniel Spirn Senior Regulatory Counsel 159490 0 7584 0 27522 0 17115 0 9747 0 221458 0 7584 0 Amy Kaloides Senior Director, Advocacy 148222 0 6306 0 11755 0 15499 0 22959 0 204741 0 6306 0 Kristine Fridgen Deputy Chief, CESC 153924 0 7018 0 17122 0 16511 0 8074 0 202649 0 7018 0 Christopher M Keran Senior Director, Member Insights 143114 0 6480 0 12493 0 15918 0 18829 0 196834 0 6480 0 Catherine M Rydell Chief Executive Officer Emeritus January-June 0 0 0 0 168528 0 0 0 0 0 168528 0 0 0 Sukhjeet Ahuja Chief Health Policy Officer 112559 0 0 0 1221 0 10217 0 11864 0 135861 0 0 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 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 American Academy of Neurology Institute d 7875000 Loan Guarantee (new facility), AAN required to co-sign (amount shown is balance as of December 31, 2020) American Academy of Neurology Institute k 1542906 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement. American Academy of Neurology Institute o 8057228 Sharing of employees. Amount is based on the fair market value. American Academy of Neurology Institute q 3314321 Finance, HR, IT, Marketing FMV recovered per resource allocation agreement Form 8860 Application for Extension was filed and accepted by IRS on March 7,2022. Filing Due November 15, 2022.