2017-10-10T16:04:06-05:00 2016-12-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2016-01-01 311781555 American College of Cardiology % CARLTON DAVIDS CPA AMER 2023756000 2400 N Street NW Washington DC 20037 MICHAEL VOTAW SHALOM JACOBOVITZ cfo, ceo 2023756000 2017-10-05 true Joyce Underwood P00022361 7038930600 2017-10-05 162.249.80.2 54621820172835000071 2017-10-10 P B65468E77E574022DFAFDDD85F96250DECB19090 B65468E77E574022DFAFDDD85F96250DECB19090 2016 2021-01-29 14:40:06Z Shalom Jacobovitz 2400 N Street NW Washington DC 20037 25707836 false X www.acc.org X 2001 DC To transform cardiovascular care and improve heart health. 19 14 66 2050 0 509706 561000 24338646 24449124 -781 1138 673582 696574 25521153 25707836 100851 61404 0 0 10973652 12505212 0 0 0 14446650 13141220 25521153 25707836 0 28583799 27321888 28583799 27321888 0 0 TO TRANSFORM CARDIOVASCULAR CARE AND IMPROVE HEART HEALTH. false false Membership - Membership benefits include subscriptions to member publications (Journal of American College of Cardiology), free on-line access to cardiosource, live educational programs and digital educational products, access to career development services and opportunities including job boards, mentoring, research awards and training. Annual Scientific Session Exposition - Provides access to ACC members for cardiovascular industry organizations including pharmaceutical companies, medical device manufacturers, information and information technology service medical associations/societies to showcase their products and services. Advocacy - The college continually advocates for quality cardiovascular care and seeks to influence health care policy for its members and their patients. BOG/Member Leadership/Chapter Relations Other false true false true false false false false false true false false true false true false true false false false false false false false false false false true true false false false false false false false false false false false true true false false true 0 0 true 66 true false false false false true true false X 19 14 false false true false true false false true true false false true true true true true true true true false DC MD X CARLTON DAVIDS CPA 2023756323 2400 N STREET NW WASHINGTON DC 20037 X Deepak L Bhatt MD MPH FACC Trustee 3.0 3.0 X 0 62079 0 C Michael Valentine MD FACC Vice President 8.0 8.0 X X 0 105000 0 Robert A Guyton MD FACC Treasurer 4.0 4.0 X X 0 53000 0 A Allen Seals MD FACC Sec/Chair Board Of Govenors 6.0 6.0 X X 156808 0 0 Christopher M Kramer MDFACC Trustee 3.0 3.0 X 0 5000 0 Jagat Narula DM MD PhDMACC Trustee 3.0 3.0 X 0 130500 0 Dipti Itchhaporia MD FACC Trustee 3.0 3.0 X 0 0 0 Frederick MasoudiMDMSPHFACC Trustee 3.0 3.0 X 0 0 0 Richard A Chazal MD FACC President 9.0 9.0 X X 0 215000 0 Paul N Casale MD mph FACC Trustee 3.0 3.0 X 0 0 0 B Hadley Wilson MD FACC Trustee 3.0 3.0 X 0 0 0 Patrick T O'Gara MD MACC Trustee 3.0 3.0 X 0 32650 0 Robert C Hendel MD FACC Trustee 3.0 3.0 X 0 0 0 Thad F Waites MD FACC Trustee 3.0 3.0 X 0 4000 0 Kim Allan WilliamsSrMDFACC Trustee/Past president 3.0 3.0 X X 0 106000 0 Michael J Mack MD FACC Trustee 3.0 3.0 X 0 0 0 Debra L Ness MS * Trustee 3.0 3.0 X 0 0 0 Jane W NewburgerMDMPHFACC Trustee 3.0 3.0 X 0 1000 0 Mary Norine Walsh MD FACC * President-Elect 3.0 3.0 X X 0 1000 0 Joseph G Cacchione MD FACC Trustee 3.0 3.0 X 0 0 0 George D Dangas MD PHDFACC Trustee 3.0 3.0 X 0 16000 0 Joseph P Drozda Jr MD FACC Trustee 3.0 3.0 X 0 0 0 Blair D Erb Jr MD FACC Trustee 3.0 3.0 X 0 0 0 Huon H Gray MD FACC Trustee 3.0 3.0 X 0 0 0 Eileen M Handberg PhD ARNP- bc, Facc. Trustee 3.0 3.0 X 0 2500 0 John Gordon Harold MD MACC Trustee 3.0 3.0 X 0 0 0 Michael Mansour MD FACC Trustee 3.0 3.0 X 0 0 0 Matthew Phillips MD FACC Trustee 3.0 3.0 X 0 0 0 Robert A Shor MD FACC * Trustee, Former Secretary 3.0 3.0 X X 0 0 0 E Murat Tuzcu MD FACC Trustee 3.0 3.0 X 0 0 0 Carole A Warnes MD FACC Trustee 3.0 3.0 X 0 3250 0 William Z Zoghbi MD MACC Trustee 3.0 3.0 X 0 7500 0 Cathleen Carafelli Gates EVP 39.0 16.0 X 374103 160330 52782 Shalom Jacobovitz CEO 0.0 55.0 X 0 935334 75978 Thomas E Arend Jr COO & General Counsel 0.0 55.0 X 0 608532 80090 William Oetgen EVP 0.0 55.0 X 0 526402 49908 Michael Votaw DVP, Finance 0.0 55.0 X 0 377421 61033 Bruce Harris Team Leader,Resource CTR 33.0 22.0 X 102473 68315 35099 Rebecca Kelly DVP, Advocacy 47.0 8.0 X 203878 35979 45996 Katherine Marthea Wilson Team LDR,gov & Ext Relations 50.0 5.0 X 197300 21922 49199 Noia Morse Team Leader, Cong Affairs 55.0 0.0 X 180245 0 47347 Rosanne Nelson Member Leadership Dvlpmnt Asso 55.0 0.0 X 174015 0 38404 Frank Ryan Team Leader, State Govt Affair 55.0 0.0 X 171006 0 41810 Amy Peters Exposition Associate 55.0 0.0 X 152072 0 36297 Rhonda Taller Team Ldr,Payer Advcy & Value 55.0 0.0 X 135574 0 28610 Kelly Evans Ventura Team Leader, Member Strategy 55.0 0.0 X 144440 0 15375 1991914 3478714 657928 26 false true false Marriott Business Services POBox 402642 ATLANTA GA 30384 Meetings 184397 Membership Marketing Svcs Inc 1280 Perimeter Parkway VIRGINIA BEACH VA 23454 marketing 103312 The Fairmont Washington DC 2401 M Street NW WASHINGTON DC 20037 Meetings 212941 FREEMAN AUDIO VISUAL SOLUTIONS 4545 WEST DAVID STREET DALLAS TX 75211 MEETING AV Service 212254 Savor Chicago at Mccormick Place 2301 S Lake Shore Drive CHICAGO IL 60618 catering 388039 5 561000 561000 MEMBERSHIP DUES 900099 18973938 18973938 ANNUAL SCIENTIFIC SESSION 900099 5412375 5412375 BOG MEMBER LEADERSHIP 900099 15000 15000 ADVOCACY 900099 47811 47811 24449124 0 0 479971 479971 0 0 0 1138 1138 1138 1138 0 0 0 0 0 0 0 0 0 MAILING LIST RENTAL 511140 216603 216603 216603 25707836 24449124 697712 0 61404 0 0 1390120 0 9109519 779726 585443 640404 0 28701 30100 660000 0 0 1733636 540814 81695 300639 0 627962 1219117 0 1291288 425805 727984 1138140 62820 JACC SUBSCRIPTIONS 1933212 HONORARIA 419980 BANK AND CREDIT CARD FEES 694370 OTHER 1224957 25707836 0 0 6396844 9170145 0 0 1583873 1605671 0 0 0 0 0 0 0 0 288195 1008233 5345 5345 5345 0 0 0 0 0 0 0 0 20309542 15532494 28583799 27321888 1544348 650805 0 0 27039451 26671083 0 0 0 0 0 0 0 0 0 0 0 0 28583799 27321888 X 0 0 0 0 0 0 0 0 28583799 27321888 0 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true 18631310 2360000 -1324417 1035583 2448154 -1412571 5345 5345 5345 DUE FROM ACC FOUNDATION 15516416 DUE FROM ACC SERVICES, INC. 16078 15532494 0 0 X 153888372 128180536 128180536 25707836 25707836 142246234 116538398 116538398 25707836 25707836 Part XI, line 2d: Oth Amts included in financials not in the return - Revenue $ 128,908,520. INCOME OF AFFILIATES IN CONSOL. FINANCIALS 727,984. Less: elimination entry _____________ $ 128,180,536. Net Part XII, line 2d: Oth Amts included in financials not in the return - Expense $ 117,266,382. Expenses OF AFFILIATES IN CONSOL. FINANCIALS 727,984. Less: elimination entry _____________ $ 116,538,398. Net Part X, Line 2: Under ASC 740-10, Accounting for Uncertainty in Income Taxes, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely than not that the position will be sustained. Management believes it has no material uncertain tax positions nor any penalties and interest to be accrued for the years ended December 31, 2016 and 2015, and, accordingly, there is no liability for unrecognized tax benefits. The College is still open to examination by taxing authorities from fiscal year 2013 forward. true Member Segment - CCA 10 9739 Cardiovascular Administrator Travel 2 2000 Fellows in Training Travel Award 46 43763 Surgeons 1 1000 ACPC 1 1000 Interventional Section 4 3902 Part I Description of Procedure for Monitoring Use of Funds Grant awards are for travel reimbursements to various ACC related meetings. Recipients are reimbursed for actual travel expenditures up to the maximum allowed by the grant. ReimbursementS are paid based on submission of actual receipts. X X X X false false false Cathleen Carafelli Gates EVP 308467 132200 65636 28130 0 0 35788 0 16994 0 426885 160330 0 0 Bruce Harris Team Leader,Resource CTR 92122 61415 10351 6900 0 0 11515 7677 9544 6363 123532 82355 0 0 Rebecca Kelly DVP, Advocacy 189853 33504 14025 2475 0 0 20172 3560 18924 3340 242974 42879 0 0 Katherine Marthea Wilson Team LDR,gov & Ext Relations 178400 19822 18900 2100 0 0 20070 2230 24209 2690 241579 26842 0 0 Noia Morse Team Leader, Cong Affairs 164440 0 15805 0 0 0 20555 0 26792 0 227592 0 0 0 Rosanne Nelson Member Leadership Dvlpmnt Asso 159805 0 14210 0 0 0 15980 0 22424 0 212419 0 0 0 Frank Ryan Team Leader, State Govt Affair 155324 0 15682 0 0 0 19416 0 22394 0 212816 0 0 0 Amy Peters Exposition Associate 140039 0 12033 0 0 0 14004 0 22293 0 188369 0 0 0 Rhonda Taller Team Ldr,Payer Advcy & Value 128674 0 6900 0 0 0 12867 0 15743 0 164184 0 0 0 Kelly Evans Ventura Team Leader, Member Strategy 132206 0 12234 0 0 0 13221 0 2154 0 159815 0 0 0 A Allen Seals MD FACC Sec/Chair Board Of Govenors 0 0 0 0 156808 0 0 0 0 0 156808 0 0 0 Richard A Chazal MD FACC President 0 0 0 0 0 215000 0 0 0 0 0 215000 0 0 Shalom Jacobovitz CEO 0 692634 0 188600 0 54100 0 44500 0 31478 0 1011312 0 0 Thomas E Arend Jr COO & General Counsel 0 493667 0 114865 0 0 0 51125 0 28965 0 688622 0 0 William Oetgen EVP 0 437667 0 88735 0 0 0 44500 0 5408 0 576310 0 0 Michael Votaw DVP, Finance 0 333517 0 43904 0 0 0 33125 0 27908 0 438454 0 0 Form 990, Part VI, Section A, line 6: American College of Cardiology has members who are individuals who pay dues to the college. Form 990, Part VI, Section B, line 11: ACC governing body reviews of the respective 990s includes detailed reviews by the Audit and Compliance Committee, a general review by the Finance Committee and Executive Committee and optional review by each Board of Trustee member. Form 990, Part VI, Section B, Line 12c: Annual disclosure for all members participating on ACC committees, task forces, working groups, etc. is required. Form 990, Part VI, Section B, Line 15: ACC regularly reviews compensation surveys of other similar organizations to determine "market" rates for same/ or similar functions and positions. This applies to all full-time and part-time employees. Only the CEO's annual compensation, including any performance awards, is reviewed and approved by the Board of Trustees. Compensation paid to ACC and ACCF members, including Board of Trustees officers, is governed by a Member Compensation Policy that incorporates IRS requirements for independent review, establishing comparability of compensation with other, similar positions and/or market rates and the documenting of deliberations and outcomes. Compensation for almost all member-filled positions is based on an average hourly rate for cardiologists, as published from an independent source, and the expected annual hourly time commitment. In some instances, the compensation amount is decided by using the market compensation for similar, comparable positions. Compensation for all member held positions are reviewed by an independent (non-compensated) member-only Compensation Committee to ensure compliance with IRS requirements. This process is applied to Board of Trustee officer positions (i.e. President, President Elect, Immediate Past President, Vice President, Treasurer, Secretary/ Board of Governors (BOG) Chair, BOG Chair Elect and Immediate Past BOG Chair) periodically. Compensation for all other member-filled positions is reviewed with executive committee periodically. Form 990, Part VI, Section C, Line 19: Governing documents: Governing documents, such as bylaws, articles of incorporation and conflict of interest policy are posted on ACC's main website, www.acc.org and its member portal and are made available upon request. CONFLICT OF INTEREST POLICY IS MADE AVAILABLE ON ACC'S OWN WEBSITE AND IS ALSO MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS AND FEDERAL TAX RETURNS ARE AVAILABLE UPON REQUEST. IN ADDITION, FEDERAL TAX RETURNS ARE AVAILABLE ON WWW.GUIDESTAR.ORG. Form 990, Part VII, Column A and E Supplemental compensation information * - The honorarium compensation paid directly to the Trustees employer for their role as Board Officer of American College of Cardiology Foundation. VII#: Name: Role: Paid Direct to: Amount: for Role As: #18 Debra Ness National Partnership for Women & Families Public Member Trustee $15,000.00 #20 Mary Norine Walsh St. Vincent Medical Group Vice President $20,000.00 #30 Robert A. Shor Virginia Heart Board of Governors Immediate Past Chair $30,000.00 Form 990, Part XII, Line 2c Oversight of audit:There have been no changes during the year in the process for oversight of the audit of the financial statements. Form 990, Part VI, Line 4: THE FOLLOWIING CHANGES TO GOVERNANCE OCCURRED DURING THE YEAR. 1. Board size has been reduced to 19 in 2016, 12 positions were retired. 2. Board members now serve three-year terms, renewable for one additional term. 3. Board meetings occur at least six times a year. 4. Board officers are limited to: President, President-Elect, Secretary and Treasurer. 5. Board members cannot hold positions on any other ACC non-standing Board committee except for the Board of Governors Chair. 6. There will be six board standing committees: Governance, nominating, audit and compliance, finance, executive (will only meet in emergencies), and membership. 7. A newly-formed membership committee will make sure the BOT is aware of the needs and challenges of all members of the college. AMERICAN COLLEGE OF CARDIOLOGY Fdn 2400 N Street NW Washington DC 20037 135641985 see vii DC 501(c)(3) 10 NA false AMERICAN COLLEGE OF CARDIOLOGY PAC 2400 N Street NW washington DC 20037 260011785 see vii DC 527 n/a ACC true false false true true false false false false false false false false false true false true false false false Part II, column (b) AMERICAN COLLEGE OF CARDIOLOGY FOUNDATION Primary activity: Advocate and influence policy for quality cardiovascular care AMERICAN COLLEGE OF CARDIOLOGY Political Action Committee Primary activity: Advocate and influence policy for quality cardiovascular care