ALLIANCE FOR ACADEMIC INTERNAL MED… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ERICA J HOLLAND

Phone

7033414540

Tax Period

2024-07-01 to 2025-06-30

ALLIANCE FOR ACADEMIC INTERNAL MEDICINE, founded in 2010, is a community nonprofit in the Education sector that reported $9.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $9.2M left a modest 4% surplus.

Mission

THE ALLIANCE FOR ACADEMIC INTERNAL MEDICINE (AAIM) PROMOTES THE ADVANCEMENT AND PROFESSIONAL DEVELOPMENT OF ITS MEMBERS WHO PREPARE THE NEXT GENERATION OF INTERNAL MEDICINE PHYSICIANS AND LEADERS THROUGH EDUCATION, RESEARCH, ENGAGEMENT, AND COLLABORATION.

Program Service Accomplishments

Program 1

Expenses: $3,673,965 Revenue: $4,566,113

AAIM PROVIDES CONFERENCE AND MEETINGS WITH PROGRAMMATIC OFFERINGS AND TOOLS AIMED TO ENHANCE THE ABILITY OF INDIVIDUALS WHO TRAIN THE NEXT GENERATION OF PHYSICIANS.

Program 2

Expenses: $1,841,924 Revenue: $126,273

THE ALLIANCE DEVELOPS POSITION STATEMENTS, GUIDELINES, WHITE PAPERS, CURRICULAR RESOURCES, AND "BEST PRACTICE" RECOMMENDATIONS FOR FACULTY AND STAFF IN UNDERGRADUATE MEDICAL EDUCATION AND GRADUATE...

THE ALLIANCE DEVELOPS POSITION STATEMENTS, GUIDELINES, WHITE PAPERS, CURRICULAR RESOURCES, AND "BEST PRACTICE" RECOMMENDATIONS FOR FACULTY AND STAFF IN UNDERGRADUATE MEDICAL EDUCATION AND GRADUATE MEDICAL EDUCATION. ALLIANCE MEMBER ORGANIZATIONS CONDUCT ANNUAL SURVEYS TO PROVIDE INSIGHT, RECOMMEND POLICY, AND SET BENCHMARKS FOR DEPARTMENTS OF INTERNAL MEDICINE IN INSTITUTIONS ACROSS THE COUNTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,589,936

Investment Income $841,290

Other Revenue $182,485

TOTAL REVENUE $9,613,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,427,142

Fundraising Expenses $0

Program Expenses $5,515,889

Other Expenses $4,793,902

TOTAL EXPENSES $9,221,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,613,711	$8,305,136	+0.2%
Expenses	$9,221,044	$9,026,878	+0.0%
Net Income	$392,667	$-721,742	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$304,609

Total Directors

Key Employees

$237,996

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHOBHINA G CHHEDA MD MPH	CHAIR	2.00	Officer Director	$0	$0	$0
SUSAN LANE MD FACP	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ALLEN MEAD	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
REENI A ABRAHAM MD	DIRECTOR	2.00	Director	$0	$0	$0
ALPESH N AMIN MD MBA MACP SFHM	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE E APALOO	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN R BARCZI MD	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY BECKER	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN A COONEY MD MACP	DIRECTOR	2.00	Director	$0	$0	$0
DOMINIQUE COSCO MD	DIRECTOR	2.00	Director	$0	$0	$0
CAROL A COTTRELL	DIRECTOR	2.00	Director	$0	$0	$0
ANNE B CURTIS MD MACP FACC FHRS	DIRECTOR	2.00	Director	$0	$0	$0
GRETCHEN DIEMER MD	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN KWAN MD	DIRECTOR	2.00	Director	$0	$0	$0
CINDY LAI MD	DIRECTOR	2.00	Director	$0	$0	$0
C SETH LANDEFELD MD MACP	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET C LO MD FACP	DIRECTOR	2.00	Director	$0	$0	$0
VERA L LUTHER MD FACP FIDSA	DIRECTOR	2.00	Director	$0	$0	$0
NANCY MASUCCI	DIRECTOR	2.00	Director	$0	$0	$0
ELI M MILOSLAVSKY MD	DIRECTOR	2.00	Director	$0	$0	$0
CATHY O'NEILL MBA	DIRECTOR	2.00	Director	$0	$0	$0
AMBER T PINCAVAGE MD FACP	DIRECTOR	2.00	Director	$0	$0	$0
JAYA M RAJ MD FACP	DIRECTOR	2.00	Director	$0	$0	$0
GABY WEISSMAN	DIRECTOR	2.00	Director	$0	$0	$0
ERICA J HOLLAND	CEO (EFFECTIVE 6/11/2025)	20.00	Officer	$0	$0	$0
POLLY PARSONS MD MACP FCCP ATSF	PRESIDENT	20.00	Officer	$287,288	$17,321	$304,609
KAREN M MAJCHER MBA	SENIOR DIRECTOR OF BUSINES	40.00	Key Emp	$203,924	$34,072	$237,996
MARGARET A BREIDA MS	SENIOR DIRECTOR, EDUCATION	40.00	Highest	$213,831	$32,473	$246,304
SHEILA T COSTA MA	SENIOR DIRECTOR, SPECIAL P	40.00	Highest	$204,317	$25,485	$229,802
TALIA D AUSTIN MSM	SENIOR DIRECTOR, MEMBER EN	40.00	Highest	$197,611	$24,142	$221,753
STEVEN M HUMPHREY	SENIOR DIRECTOR, CONFERENC	40.00	Highest	$180,639	$24,132	$204,771
NANCY DERNELLE MA	SENIOR DIRECTOR, HUMAN RES	40.00	Highest	$202,349	$13,726	$216,075
BERGITTA E COTRONEO FACMPE	FORMER DEPUTY CEO AND EVP, EX OFFICIO	40.00		$103,306	$8,320	$111,626

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$9,613,711	$9,221,044	$16,917,944	$392,667
2024	$8,305,136	$9,026,878	$16,305,577	$-721,742
2023	$8,192,966	$8,073,005	$14,457,238	$119,961
2022	$6,917,370	$7,125,472	$13,744,999	$-208,102
2021	$7,060,061	$5,247,047	$15,184,827	$1,813,014
2020	$6,391,277	$5,479,619	$12,194,865	$911,658
2019	$7,252,814	$6,680,046	$11,509,724	$572,768

ALLIANCE FOR ACADEMIC INTERNAL MEDICINE