| Form 990, Part I, LINE 1 |
The American College of Physicians (ACP) is a national organization of internists - physicians who specialize in the prevention, detection and treatment of illnesses in adults. ACP is the largest medical-specialty organization and second-largest physician group in the United States. Its membership of 140,774 includes internists, internal medicine subspecialists, and medical students, residents, and fellows. |
| FORM 990, PART III, LINE 4D |
Advocacy and Public Policy: ACP monitors and responds to policy issues that affect public health and the practice of internal medicine. The organization develops policy statements and communicates with the legislative and administrative sectors of government to assure the voice of internal medicine is heard. |
| FORM 990, PART V, LINE 3b |
THE FORM 990-T HAS BEEN EXTENDED UNTIL MAY 15, 2015. |
| FORM 990, PART VI, SECTION A, LINE 6 |
The members who are in good standing, have the right to participate in the organization's governance, elect the members of the governing body, and approve the significant decisions of the governing body. |
| Form 990, Part VI, SECTION A, LINE 7a |
Officers and governing board are elected by general membership. |
| FORM 990, PART VI, SECTION B, LINE 11b |
The 2013 return was presented to the Financial Policy and Audit Committee AND BOARD OF REGENTS, prior to filing. |
| FORM 990, PART VI, SECTION B, LINE 12c |
ANNUALLY A DISCLOSURE FORM IS PREPARED. ACP management in various divisions monitor and review conflict of interest disclosures by new and current Board members. |
| Part VI, Section B, Question 15 a & b |
ACP strives to recruit highly motivated and experienced individuals at all levels of the organization, including staff and governance positions. Compensation for services provided by these individuals should reflect the requirements of the job and the value of the individual to the organization, and be competitive with similar positions at comparable organizations. Elected Officers and Executive Vice President: 1. The Compensation Committee, (CC) periodically, but not less frequently than every three years, requests Human Resources staff to engage a qualified third party to perform a compensation survey of elected governance officers and the Executive Vice President/Chief Executive Officer (EVP/CEO), or similar positions, at comparable organizations. 2. Considering the results of the compensation survey the CC reviews the current compensation of officers and the EVP/CEO and recommends to the Finance Policy and Audit Committee (FPAC) and the Board of Regents (BOR) any adjustments determined to be necessary. 3. Per the annual cycle for determining the EVP/CEO's performance, compensation and bonus, approved by the BOR in April 2014, the BOR Chair and Immediate Past Chair conduct the annual review of the EVP/CEO, based on goals set for the EVP/CEO in May of the previous year by the then-current BOR Chair and Chair-elect, considering ACP's strategic plan for the upcoming year. The BOR Chair and Immediate Past Chair recommend a salary and bonus amount for the EVP/CEO to the CC, who makes a recommendation to the ECBOR. The BOR Chair recommends the final salary and bonus amount for the EVP/CEO to the BOR in Executive Session. 4. The CC may periodically review and recommend to the FPAC and/or BOR compensable items for elected representatives and other non-employees traveling on business for ACP. Staff: 1. The BOR directs the (EVP/CEO, COO, CFO and Vice President Administrative Services) to develop and implement processes to provide reasonable, comparable and competitive compensation to all staff of the organization. The EVP/CEO or designee may report periodically to the CC regarding this activity. The EVP/CEO or designee reports any bonuses planned for staff to the ECBOR. 2. The EVP/CEO directs the Human Resources staff to develop appropriate policies to facilitate the provision of reasonable, comparable and competitive compensation to all staff of the organization. 3. Human Resources staff discuss with hiring management staff the budgeted position salary and appropriate competitive pay ranges before employment offers are extended for any position. 4. The EVP/CEO or designee provides as needed to the CC, compensation ranges and annual amounts paid to employees in positions of Vice President and above as well as staff whose income will be reported in appropriate IRS 990 filings. |
| FORM 990, PART VI, SECTION C, LINE 19 |
Governing documents are available to members on website. All others must request. Financial reports are only available upon request. |
| Form 990 Part XI, Line 9 |
Unrealized Gain on Pension 6,778,943 |
Attach to Form 990 or 990-EZ.