AMERICAN ACADEMY OF DERMATOLOGY INC

EIN: 410793046 501(c)(3) Diseases & Disorders

ROSEMONT, IL

Total Revenue
$46,654,777
Total Expenses
$48,006,690
Total Assets
$108,692,113
Net Assets
$51,050,741
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
MN
Principal Officer
STEVEN DEBNAR
Phone
8473300230
Tax Period
2023-01-01 to 2023-12-31

AMERICAN ACADEMY OF DERMATOLOGY INC, founded in 1959, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $46.7M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO ASSURE THAT DERMATOLOGISTS HAVE ACCESS TO THE HIGHEST QUALITY EDUCATION, RESEARCH AND INNOVATIONS IN THE FIELD, AND THAT PATIENTS AND THE PUBLIC HAVE ACCESS TO THE HIGHEST QUALITY MEDICAL AND SURGICAL DERMATOLOGIC CARE AND TO INFORMATION REGARDING PREVENTION, CARE AND TREATMENT OF DERMATOLOGIC CONDITIONS. TO FACILITATE THE EFFICIENT DELIVERY OF QUALITY DERMATOLOGIC CARE, DEVELOP EVIDENCE-BASED CLINICAL GUIDELINES, AND PROMOTE RESEARCH IN AND PREVENTION OF DISEASES OF THE SKIN, HAIR, AND NAILS.

Program Service Accomplishments

Program 1
Expenses: $8,585,584 Revenue: $22,814,670

SCIENTIFIC ASSEMBLY - THIS INCLUDES THE ANNUAL AND SUMMER SCIENTIFIC AND EDUCATIONAL MEETINGS. THESE MEETINGS ARE ATTENDED BY MORE THAN 19,000 DERMATOLOGISTS, OTHER PHYSICIANS, ALLIED MEDICAL...

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SCIENTIFIC ASSEMBLY - THIS INCLUDES THE ANNUAL AND SUMMER SCIENTIFIC AND EDUCATIONAL MEETINGS. THESE MEETINGS ARE ATTENDED BY MORE THAN 19,000 DERMATOLOGISTS, OTHER PHYSICIANS, ALLIED MEDICAL PERSONNEL, AND OTHERS. THESE TWO PROGRAMS COMBINED PRESENT MORE THAN 500 INDIVIDUAL EDUCATIONAL SESSIONS PROVIDING RESULTS OF CURRENT RESEARCH AND RECENT ADVANCES IN THE DIAGNOSIS, MANAGEMENT AND TREATMENT OF DERMATOLOGIC CONDITIONS AND DISEASES, AND ADDRESS ISSUES OF PATIENT SAFETY, QUALITY OF CARE AND PRACTICE MANAGEMENT IMPROVEMENT.

Program 2
Expenses: $6,168,239 Revenue: $1,866,707

THE AAD'S COMMUNICATIONS TEAM PROVIDES STRATEGIC OVERSIGHT AND DIRECTION THAT GUIDES THE DEVELOPMENT AND IMPLEMENTATION OF MULTI-FACETED COMMUNICATIONS PROGRAMS AIMED AT REINFORCING DERMATOLOGY AS A...

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THE AAD'S COMMUNICATIONS TEAM PROVIDES STRATEGIC OVERSIGHT AND DIRECTION THAT GUIDES THE DEVELOPMENT AND IMPLEMENTATION OF MULTI-FACETED COMMUNICATIONS PROGRAMS AIMED AT REINFORCING DERMATOLOGY AS A SPECIALTY COMMITTED TO ADVANCING QUALITY PATIENT CARE THROUGH STATE-OF-THE-ART SCIENTIFIC RESEARCH AND ENCOURAGING PUBLIC UNDERSTANDING OF SKIN HEALTH, THE IMPACT OF SKIN DISEASE ON PATIENTS, AND BEHAVIORS THAT PROMOTE HEALTHY SKIN, HAIR, AND NAILS.

Program 3
Expenses: $4,025,893 Revenue: $55,946

IN ADDITION TO THE ANNUAL AND SUMMER MEETINGS, EDUCATIONAL ACTIVITIES ARE DELIVERED THROUGH LIVE AND DIGITAL FORMATS THAT INCLUDE VIRTUAL MEETINGS (VMX), REGIONAL COURSES, QUESTION OF THE WEEK...

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IN ADDITION TO THE ANNUAL AND SUMMER MEETINGS, EDUCATIONAL ACTIVITIES ARE DELIVERED THROUGH LIVE AND DIGITAL FORMATS THAT INCLUDE VIRTUAL MEETINGS (VMX), REGIONAL COURSES, QUESTION OF THE WEEK, DIALOGUES IN DERMATOLOGY, JOURNAL OF THE AMERICAN ACADEMY OF DERMATOLOGY (JAAD) AND OTHER VARIOUS EDUCATIONAL TOOLS IN ORDER TO SUPPORT DERMATOLOGISTS IN STAYING CURRENT IN PRACTICE AND MEDICAL CERTIFICATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,027,026
Program Service Revenue $25,674,352
Investment Income $2,149,031
Other Revenue $8,804,368
TOTAL REVENUE $46,654,777

Expense Breakdown

Grants Paid $2,079,690
Salaries & Benefits $24,688,705
Fundraising Expenses $1,283,787
Program Expenses $34,920,190
Other Expenses $21,238,295
TOTAL EXPENSES $48,006,690

Year-over-Year Comparison

2023 2022 Change
Revenue $46,654,777 $38,199,006 +0.2%
Expenses $48,006,690 $45,090,931 +0.1%
Net Income $-1,351,913 $-6,891,925 -0.8%
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

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Governance

Voting Members
28
Independent Members
20
Employees
214
Volunteers
1038

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
11
$1,739,260
Total Directors
29
$617,317
Key Employees
12
$4,028,067
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRENCE A CRONIN JR MD PRESIDENT (BEG - 3/2023) 18.75
Officer Director
$156,500 $0 $156,500
MARK KAUFMANN MD PRESIDENT (THRU - 3/2023) 0.19
Officer Director
$47,557 $0 $47,557
KENNETH TOMECKI MD IMMEDIATE PAST PRESIDENT (THRU - 3/2023) 0.19
Officer Director
$2,000 $0 $2,000
SEEMAL R DESAI MD PRESIDENT-ELECT (BEG - 3/2023) 1.50
Officer Director
$45,500 $0 $45,500
LINDA STEIN GOLD MD VICE PRESIDENT (THRU - 3/2023) 0.19
Officer Director
$11,500 $0 $11,500
ROBERT S KIRSNER MD VICE PRESIDENT (BEG - 3/2023) 1.50
Officer Director
$34,500 $0 $34,500
CYNDI J YAG-HOWARD MD VICE PRESIDENT-ELECT (BEG - 3/2023) 0.75
Officer Director
$0 $0 $10,000
DANIEL D BENNETT MD SECRETARY-TREASURER 18.75
Officer Director
$165,000 $0 $165,000
KEYVAN NOURI MD ASSISTANT SECRETARY-TREASURER 0.75
Officer Director
$94,000 $0 $94,000
BRUCE A BROD MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
BRENT R MOODY MD BOARD DIRECTOR 0.19
Director
$0 $0 $5,000
TODD SCHLESINGER MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
ALLISON T VIDIMOS MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
TAMMIE FERRINGER MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
BRAD P GLICK MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
ADRIAN O RODRIGUEZ MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
RUTH ANN VLEUGELS MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
APRIL ARMSTRONG MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
LINDY FOX MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
MARIA HORDINSKY MD BOARD DIRECTOR 0.19
Director
$5,000 $0 $5,000
JENNIFER LUCAS MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
MURAD ALAM MD BOARD DIRECTOR 0.19
Director
$10,760 $0 $10,760
CHERYL BURGESS MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
NAOMI LAWRENCE MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
AMY MCMICHAEL MD BOARD DIRECTOR 0.19
Director
$10,000 $0 $10,000
ANDREW HART WEINSTEIN MD BOARD DIRECTOR 0.38
Director
$0 $0 $0
LAWRENCE GREEN MD BOARD DIRECTOR 0.19
Director
$5,000 $0 $5,000
ADELAIDE HEBERT MD BOARD DIRECTOR 0.19
Director
$0 $0 $0
ALEXANDER MILLER MD BOARD DIRECTOR 0.19
Director
$0 $0 $15,000
ELIZABETH K USHER EXECUTIVE DIRECTOR & CEO 39.36
Officer
$775,136 $82,885 $858,021
STEVEN J DEBNAR CHIEF FINANCIAL OFFICER 35.51
Officer
$259,399 $55,283 $314,682
SARAH TANCREDI SENIOR VICE PRESIDENT, OPERATIONS 33.78
Key Emp
$357,026 $74,348 $431,374
MELANIE TOLLEY HALL SENIOR VICE PRESIDENT, MARKETING & COMMUNICATIONS 34.07
Key Emp
$334,326 $63,305 $397,631
KRISTA KAUPER SENIOR VICE PRESIDENT, MEMBER EXPERIENCE AND STRAT 36.96
Key Emp
$328,118 $47,309 $375,427
CACINDA KUHN VICE PRESIDENT, MEMBER RELATIONS & ENGAGEMENT 33.22
Key Emp
$279,528 $40,142 $319,670
ERIK HORN SENIOR DIRECTOR INFORMATION TECHNOLOGY & SECURITY 34.02
Key Emp
$269,543 $53,903 $323,446
MATTHEW FITZGERALD VICE PRESIDENT, SCIENCE & QUALITY 40.55
Key Emp
$292,334 $62,673 $355,007
LEIGHTON RUDY ANDERSON VICE PRESIDENT, DEVELOPMENT & REVENUE 38.87
Key Emp
$274,427 $46,225 $320,652
TIMOTHY MOSES SENIOR DIRECTOR, MEETINGS & CONVENTIONS 47.81
Key Emp
$265,879 $40,991 $306,870
LARA GRAF DIRECTOR, MEDICAL JOURNALS PUBLISHING 40.94
Key Emp
$214,634 $49,685 $264,319
CARYN ETKIN DIRECTOR, CLINICAL REG. & QUALITY SCIENCES 41.38
Key Emp
$198,102 $54,991 $253,093
KARRY LA VIOLETTE SENIOR VICE PRESIDENT, ADVOCACY & POLICY 4.20
Key Emp
$312,704 $32,798 $345,502
AMY OUTSCHOORN VP, CONTINUING PROFESSIONAL EDUCATION 35.47
Key Emp
$280,904 $54,172 $335,076
SHAWN FRIESEN DIRECTOR, LEGISLATIVE, POLITICAL & GRASSROOTS ADVO 0.00
Highest
$228,808 $111,355 $340,163
SUZANNE LOTHARY DIRECTOR, MARKETING 30.13
Highest
$208,143 $56,341 $264,484
ROSEMARIE BALK DIRECTOR, STRATEGIC RESEARCH & ANALYTICS 32.33
Highest
$205,627 $43,443 $249,070
KATHLEEN DOMANOWSKI DIRECTOR, COMMUNICATIONS 30.50
Highest
$197,843 $55,182 $253,025
MARIBETH LAWS DIRECTOR, ADVOCACY & POLICY OPERATIONS 4.13
Highest
$197,553 $46,137 $243,690
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
2024 No data No data No data No data
2023 $46,654,777 $48,006,690 $108,692,113 $-1,351,913
2022 $38,199,006 $45,090,931 $93,525,190 $-6,891,925
2021 $38,601,063 $35,603,550 $106,665,839 $2,997,513
2020 $30,912,169 $33,913,608 $99,627,034 $-3,001,439
2019 $36,993,545 $40,593,231 $84,769,663 $-3,599,686
2018 $38,267,101 $36,642,634 $83,826,057 $1,624,467
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