2016-09-22T13:22:42-07:00 2015-12-31 990 2015-01-01 410726167 AMERICAN ACADEMY OF NEUROLOGY INSTITUTE AMER 8008791960 201 Chicago Avenue Minneapolis MN 55415 Timothy Engel CFO 6129286100 2016-09-22 2015 2017-02-10 21:41:12Z Catherine M Rydell 201 Chicago Avenue Minneapolis MN 55415 25220991 0 X X 1948 MN The American Academy of Neurology Institute provides top-tier education and scientific programming to its members 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. 18 13 0 630 1594197 37840 2858587 7512721 15808475 17484343 2200913 -323872 426126 547799 21294101 25220991 2271469 4987730 0 0 4306061 5475578 0 0 251836 11807461 13116240 18384991 23579548 2909110 1641443 74899003 77057175 24787129 25303858 50111874 51753317 The mission of the corporation is to promote the highest quality patient-centered neurologic care. 0 0 15332568 2945458 10030825 Annual Meeting and Regional Conferences The Academy's Annual Meeting is perennially the world's largest gathering of neurologists. In 2015, attendance at the Annual Meeting in Washington, DC, was 13,583, the most attended Annual Meeting to date. More than 2,600 research abstracts were presented and leading experts on a vast array of neurologic diseases discussed the latest research results and clinical applications. The meeting featured over 170 continuing medical education courses that were strongly attended by neurologists looking to update their knowledge and skills and prepare for recertification. Programs also were dedicated to helping practicing neurologists and business managers run more efficient and effective offices and clinics. The Academy also communicated its advocacy priorities and success and urged greater member participation. The 2015 regional Fall Conference attracted 619 attendees. The Fall Conference provides updates on neurology diseases and practice management improvements for neurologists and practice managers, particularly those who need to fulfill annual continuing medical education requirements by year end. In 2015, we offered the second annual Sports Concussion Conference. The conference focused on combining the education and scientific breakthroughs impacting the diagnosis and treatment of concussion. Lastly, a new conference was launched in 2015-the Breakthroughs in Neurology Conference. This conference drew 405 attendees, which included 319 members, 37 nonmembers, and 49 exhibitors. The conference focused on translating research breakthroughs to the practitioner. Grants and Awards AANI funds 20 clinical training research fellowships. These fellowships are designed to support some of the brightest young neuroscientists in the country with two- or three-year awards. The AANI also collaborates with other organizations, including the AAN, and individuals to support awards that recognize the accomplishments of veteran researchers, medical students, and minority students interested in careers in neurology. AANI provides scholarships to minorities and to students to attend the Annual Meeting based on their financial need, so that they may experience this great event and learn from leading neurology professionals. 3151160 4539 7271 Clinical Practice and Practice Guidelines In 2015, the AANI published four guidelines in Neurology(R). Two of these publications included evidence for diagnosis, management, and treatment of patients with congenital muscular dystrophy and facioscapulohumeral muscular dystrophy. Both of these projects were supported, in part, by a federal grant from the Centers for Disease Control and Prevention. AANI published a guideline on treatment of adults with a first unprovoked seizure. The guideline was highlighted at the AAN Annual Meeting with a press conference with the lead author, Dr. Allan Krumholz, and with Dr. Jacqueline French, co-author and Guideline Development, Dissemination, and Implementation Subcommittee member. The final guideline reviewed the evidence for idiopathic normal pressure hydrocephalus: response to shunting and predictors of response. The AAN also developed a clinician summary, patient summary, slide set, and a video educating viewers on the evidence regarding the procedure. Quality Measures and Clinical Registry In 2015, the AAN updated its measure sets for dementia, Parkinson's disease, and stroke and developed new clinical quality measures for inpatient and emergent neurology. The AAN also provided tools and resources for neurologists to use for quality improvement and to assure safe patient care. In 2015, the AAN successfully launched the Axon Registry(TM) with 43 sites representing a range of settings, subspecialties, and electronic health record vendors. The Axon Registry is a clinical data registry focused on quality improvement. It is a centralized data warehouse that seamlessly collects relevant patient data and performs statistical analysis on the quality of care provided. The goals of the Axon Registry are to enable neurologists to use data to improve patient care and outcomes; help neurologists meet federal reporting and board certification requirements; and demonstrate the value of neurology. 2061840 0 5126910 Continuing Medical Education Programs The AANI offers a number of resources to help neurologists with professional development and maintenance of certification (MOC), as required by the American Board of Psychiatry and Neurology. The AAN provides continuing medical education-a necessary component of MOC and licensure-in print (Neurology(R), Continuum(R)) and in digital formats (Neurology(R) Podcast, Continuum(R) Audio, NeuroSAE, Practice Management Webinars), as well as through on-site programs at the Annual Meeting and regional conferences. The number of AAN members subscribing to or participating in these programs has increased, especially now that NeuroPI, NeuroSAE, and NeuroLearn are offered for free with membership. 234393 4050 5000 Public Education The Neuro Film Festival is an annual video contest to help raise awareness about brain disorders and the need to support research into preventions, treatments, and cures. The 2015 Neuro Film Festival generated more than 60 entries and more than 100,000 total views of entries on YouTube. Winning filmmakers receive a cash prize and a trip to the Annual Meeting where their work was featured. Submitted films are used to create public service announcements about brain disease and the need for cures. The Brain Health Fair was held at the 2015 Annual Meeting in Washington, DC. This free, daylong family event connected nearly 1,000 patients, families, and caregivers affected by a neurologic disorder with important resources to win the battle against brain disease. People attended free classes to learn from some of the best and brightest neurologists in the world about the latest research advances in Alzheimer's, autism, brain injury, epilepsy, headache, multiple sclerosis, Parkinson's, sleep disorders, stroke, and other types of brain disease. The Exhibit Hall offered fun activities for kids and teens, and giveaways. 234393 4050 5000 20779961 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 434 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 18 13 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X X Timothy J Engel 6129286100 201 Chicago Avenue Minneapolis MN 55415 X Terrence L Cascino Chair 9 9 X X 700 0 0 Ralph L Sacco Chair Elect 5 5 X X 889 34325 0 James Stevens Vic President 3 3 X X 0 0 0 Bruce Sigsbee Treaurer/Secretary 2 X X 0 18747 0 Sarah M Benish Director 1 1 X 233 400 0 Neil A Busis Director 2 2 X 1550 500 0 Lisa M DeAngelis Director 3 X 1900 0 0 Charles C Flippen II Director 1 1 X 1000 0 0 Carlayne E Jackson Director 2 2 X 0 0 0 Elaine C Jones Director 1 1 X 600 900 0 Janis Miyasaki Director 4 4 X 0 50 0 John C Morris Director 2 2 X 900 0 0 Stefan Pulst Director 3 3 X 600 27500 0 Heidi B Schwarz Director 2 X 1000 0 0 A Gordon Smith Director 1 X 17000 0 0 Thomas R Vidic Director 2 2 X 0 0 0 Timothy A Pedley Past Chair 2 2 X 0 5000 0 Robert A Gross Director 2 2 X 0 0 0 Catherine M Rydell Executive Director 5 45 X 0 657503 36142 Timothy Engel CFO 10 34 X 0 263878 38579 Christine Phelps Deputy Executive Director 40 8 X 0 305161 41746 Rodney Larson Chief Health Policy Officer 18 23 X 0 250665 37212 26372 1564629 153679 6 0 1 0 American Academy of Neurology 201 Chicago Avenue Minneapolis MN 55415 Services of Shared Employees 1440100 Centerplate 1 Independence Pointe Suite 305 Greenville SC 29615 Food & Bevearage Services 1473979 PSAV Presentation Services 925 Freeport Pkwy Suite 100 Coppell TX 75019 Audio Visual Services and Equipment 1747061 Freeman Decorating Company PO Box 650036 Dallas TX 752650036 Decorating Services 448358 FIGmd Inc 2225 Greenbay Drive Hanover Park IL 60133 Development and Maintenance of Registry 371250 7 0 0 0 0 0 7512721 0 7512721 Conference/Educational Fees 541900 10540698 10540698 0 0 Products/Publications 511120 4644448 4599448 45000 0 Managment Fee 561000 1549197 0 1549197 0 Dues 541900 750000 750000 0 0 0 0 0 0 17484343 1177726 0 0 1177726 0 0 0 0 455437 0 0 455437 0 0 -1501598 0 0 0 -1501598 0 -1501598 0 0 -1501598 0 64750 0 64750 64750 0 0 Miscellaneous Revenue 900099 27612 27612 0 0 0 0 0 0 27612 25220991 15982508 1594197 131565 4667480 4667480 264350 264350 55900 55900 0 0 0 0 0 0 0 0 0 0 4144266 3823578 224175 96513 331705 306037 17943 7725 702622 648252 38007 16363 296985 274004 16065 6916 1497997 1568532 -135089 64554 17991 16113 1878 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1366557 1170211 177690 18656 551375 549179 0 2196 1327246 471027 827830 28389 0 0 0 0 0 0 0 0 0 0 0 0 996981 987876 795 8310 0 0 0 0 5160503 5158289 0 2214 433363 0 433363 0 0 0 0 0 898860 0 898860 0 55680 31100 24580 0 Unrelated Business Income Tax 11534 0 11534 0 Dues and Subsriptions 36694 35194 1500 0 Stipends / Honoraria 756238 756238 0 0 Allowance Doubtful Accounts -5364 0 -5364 0 10585 -3399 13984 0 23579548 20779961 2547751 251836 534508 1111158 4491387 6164994 1377350 2658346 553786 332187 0 0 0 0 0 0 0 0 460689 525491 21484778 3533927 18772894 17950851 45153220 44518336 3555169 3795812 74899003 77057175 1153376 1163783 1092723 2144315 3694227 3944188 12911671 12173811 5935132 5877761 24787129 25303858 X 48260886 48862853 1762738 2802214 88250 88250 50111874 51753317 74899003 77057175 1641443 0 0 0 0 0 X 0 1 X 1 0 X 2499090 3739577 2326764 2858587 8262721 19686739 0 0 0 0 0 0 0 0 0 0 0 0 2499090 3739577 2326764 2858587 8262721 19686739 6937871 12748868 1786472 2336784 2421064 2554730 2972726 12071776 177500 274000 169300 81595 45000 747395 0 0 0 0 0 0 32505910 75171417 0.39220 0.44776 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160139 0 -1281 1500 0 0 157358 152717 0 8922 1500 0 0 160139 130825 0 23392 1500 0 0 152717 117144 0 15181 1500 0 0 130825 120049 0 -1405 1500 0 0 117144 0 0.56 0.44 0 0 0 661000 661000 0 0 0 0 0 17202176 3533927 13668249 0 3612862 0 3612862 0 8740 0 8740 17950851 Funds Held for Others 5877761 5877761 X Schedule D, Part V, Line 4 The Institute intends to use the endowment funds for awards and grants. 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 financial statements include any uncertain tax positions. The Organizations tax returns are subject to review and examination by federal authorities. The tax returns for years 2012 through 2014 are open to examination by federal authorities. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking 29000 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking 24400 East Asia and the Pacific 0 0 Grantmaking 2500 0 0 55900 Awards North America (including Canada and Mexico, but not the United States) 10 10400 check Awards Europe (including Iceland and Greenland) 5 29000 check Awards East Asia and the Pacific 3 2500 check 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. The 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. The Institute supports funding for clinical investigators interested in academic careers in clinical research. 1 American Brain Foundation 201 Chicago Avenue Minneapolis MN 55415 411717098 501c3 2031595 General Operating Support Brigham & Women's Hospital PO Box 3887 Boston MA 022413887 042312909 260000 Clinical Research Training Fellowship Washington University 700 Rosedale Ave Campus Box 1056 St Louis MO 631121408 430653611 501c3 260000 Clinical Research Training Fellowship Children's Research Institute 801 Roeder Road Suite 500 Silver Springs MD 20910 521654453 501c3 260000 Clinical Research Training Fellowship Baylor College of Medicine 6701 Fannin St 12th Floor Suite 1250 Houston TX 770302399 741613878 501c3 132000 Clinical Research Training Fellowship Mount Sinai Beth Israel 10 Union Square E 5th Floor Suite 5J New York NY 10003 135564934 501c3 131000 Clinical Research Training Fellowship Beth Israel Deaconess Med Ctr 330 Brookline E BR 259 Boston MA 02215 042103881 501c3 130000 Clinical Research Training Fellowship University of Florida 123 Grinter Hall PO Box113001 Gainesville FL 32611 596002052 130000 Clinical Research Training Fellowship University of Cincinnati University Hall Suite 530 PO Box 210222 Cincinnati OH 452210222 316000989 130000 Clinical Research Training Fellowship Johns Hopkins University Bank of America 12529 Collections CTR DR Chicago IL 60693 520595110 501c3 130000 Clinical Research Training Fellowship University of California Regents of 1855 Folsom St MCB 425 Box 0897 San Francisco CA 941430897 946036493 501c3 130000 Clinical Research Training Fellowship Yale University PO Box 1873 New Haven CT 065081873 060646973 130000 Clinical Research Training Fellowship Rhode Island Hospital Box 42 Suite 1 300 1 Hoppin St Providence RI 029034141 050258954 501c3 130000 Clinical Research Training Fellowship Massachusetts General Hospital PO Box 3829 Bank of America Boston MA 02241 042697983 501c3 130000 Clinical Research Training Fellowship Harvard University PO Box 415649 Boston MA 022415649 042103580 501c3 130000 Clinical Research Training Fellowship American Heart Association PO Box 841750 Dallas TX 752841750 135613797 501c3 77000 Clinical Research Training Fellowship National MS Society 733 3rd Avenue Third Floor New York NY 100173288 135661935 501c3 75000 Clinical Research Training Fellowship Duke University PO Box 602651 Charlotte NC 282602651 560532129 501c3 65000 Educational Research Grant University of Virginia PO Box 400195 Charlottesville VA 229044195 546001796 501c3 10000 Educational Research Grant University of Colorado Denver PO Box 910238 Denver CO 802910238 846000555 501c3 10000 Educational Research Grant University Hospitals Case Med Dept 781686 UH Grants PO Box 78000 Detroit MI 482781686 341567805 10000 Educational Research Grant 11 5 Recognition Grants 179 139350 Recognition Grants 1 50000 Recognition Grant 1 50000 Recognition Grant 1 25000 Schedule I, Part I, Line 2 The 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. The Institute 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 Catherine M Rydell Executive Director 0 436062 0 104999 0 116442 0 99595 0 8317 0 765415 0 79999 Timothy Engel CFO 0 230279 0 28594 0 5005 0 50675 0 13558 0 328111 0 28594 Christine Phelps Deputy Executive Director 0 261914 0 32737 0 10510 0 57194 0 13921 0 376276 0 32737 Rodney Larson Chief Health Policy Officer 0 214755 0 27688 0 8222 0 48154 0 13898 0 312717 0 27688 Form 990, Part VI, Section A, Line 2 All Officers and Key Employees of the corporation aside from Lisa DeAngelis (i.e., Bruce Sigsbee, Lisa Shulman, Timothy Pedley, Catherine Rydell, Timothy Engel, Christine Phelps and Rodney Larson) 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 parent 501(c)(6) organization, American Academy of Neurology (AAN), and these Officers and Key employees are paid by AAN. Lisa Shulman has a business relationship with all Directors due to her contract-services role at that entity. Form 990, Part VI, Section A, Line 4 The bylaws amendment removed the Chair of the American Brain Foundation as an ex officio voting member of the AAN Institute Board of Directors. Form 990, Part VI, Section A, Line 7a American Academy of Neurology is the sole voting member of the organization. Form 990, Part VI, Section B, Line 11b The CFO undertook extensive review the draft Form 990 as initially prepared by the Finance Business Manager. Their review was thereafter augmented by 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 The Institute'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 Institute'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. Form 990, Part VI, Section C, Line 19 The Institute makes its governing documents, conflict of interest policy, and financial statements available to its parent entity's members on its website. Form 990, Part VII, Section A, Line 1a The individuals reported as 'Key Employees' are not employed by AANI but by our related organization, AAN. Reporting here is made in furtherance of transparency, especially as there is a reimbursement arrangement by which AANI reimburses AAN for these individuals' proportionate salary and benefits related to the time devoted to serving AANI. 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 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 American Academy of Neurology e 12375000 Loan Guarantee (new facility), AAN required to co-sign (amount shown is balance as of December 31, 2015) American Academy of Neurology j 1425932 Lease related to leased facilities - FMV via independent determination as set out in resource allocation agreement. American Academy of Neurology o 5475577 Sharing of employees. Amount is based on the fair market value. American Academy of Neurology p 1440100 Finance, HR, IT, Marketing