AMERICAN COLLEGE OF PHYSICIANS IL … - 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

1974

Legal Domicile

Principal Officer

TOM BLEASDALE

Phone

3126185839

Tax Period

2024-07-01 to 2025-06-30

AMERICAN COLLEGE OF PHYSICIANS IL CHAPTER, founded in 1974, is a small nonprofit that reported $176K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO ENHANCE THE QUALITY AND EFFECTIVENESS OF HEALTH CARE BY FOSTERING EXCELLENCE AND PROFESSIONALISM IN THE PRACTICE OF MEDICINE.

Program Service Accomplishments

Program 1

Expenses: $155,987 Revenue: $39,012

THE ACP ILLINOIS CHAPTER SERVES MORE THAN 5,000 MEMBERS, INCLUDING PRACTICING PHYSICIANS, MEDICAL RESIDENTS AND MEDICAL STUDENTS. THE CHAPTER PROVIDES OPPORTUNITIES FOR QUALITY EDUCATION AND...

THE ACP ILLINOIS CHAPTER SERVES MORE THAN 5,000 MEMBERS, INCLUDING PRACTICING PHYSICIANS, MEDICAL RESIDENTS AND MEDICAL STUDENTS. THE CHAPTER PROVIDES OPPORTUNITIES FOR QUALITY EDUCATION AND PROFESSIONAL DEVELOPMENT. INFORMATIONAL UPDATES AND IMPORTANT NEWS INCLUDING ADVOCACY ARE SHARED VIA EMAIL BLASTS, SOCIAL MEDIA, AND ONLINE NEWSLETTERS. MORE THAN 300 MEDICAL RESIDENTS AND STUDENTS WERE PROVIDED THE OPPORTUNITY TO SHOWCASE THEIR MEDICAL RESEARCH AND CASE STUDIES VIA POSTER AND ORAL COMPETITIONS, BOTH VIRTUAL AND IN-PERSON, IN 2024-25. THE CHAPTER PROVIDED IN-PERSON AND VIRTUAL CERTIFIED MEDICAL EDUCATION/MAINTENANCE OF CERTIFICATION EDUCATION TO MORE THAN 90 PRACTICING PHYSICIANS, FOCUSING ON UPDATES IN INTERNAL MEDICINE. AN ADDITIONAL VIRTUAL SHORT PROGRAM AND SINGLE-SUBJECT EDUCATIONAL SESSIONS WERE PROVIDED. MORE THAN 200 MEMBERS WERE REGISTERED FOR EDUCATION AND REVIEW FOR UPDATES IN INTERNAL MEDICINE AND SUBSPECIALTY MEDICINE.

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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 $136,881

Program Service Revenue $39,012

Investment Income $13

Other Revenue $0

TOTAL REVENUE $175,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,245

Program Expenses $155,987

Other Expenses $190,026

TOTAL EXPENSES $190,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,906	$160,169	+0.1%
Expenses	$190,026	$203,504	-0.1%
Net Income	$-14,120	$-43,335	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM BLEASDALE MD FACP	PRESIDENT, ILN GOVERNOR	010.00	Officer Director	$0	$0	$0
MANAJYOTI YADAV MD FACP	ILS GOVERNOR	010.00	Officer Director	$0	$0	$0
MIKE ALEBICH DO FACP	TREASURER	002.00	Officer Director	$0	$0	$0
JACKIE IVEY-BROWN MD FACP	SECRETARY	001.00	Officer Director	$0	$0	$0
VIDYA SUNDARESHAN MD FACP	COUNCIL MEMBER, PAST GOVERNOR	001.00	Director	$0	$0	$0
ANNE SCHULTZ MD FACP	COUNCIL MEMBER, PAST GOVERNOR	001.00	Director	$0	$0	$0
ANN BUNYAN MD FACP	COUNCIL MEMBER FROM 04/01/25	001.00	Director	$0	$0	$0
ANWAR JEBRAN MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
BALU RAVELLA MD FACO	COUNCIL MEMBER FROM 04/01/25	001.00	Director	$0	$0	$0
DHEERAJ MAHAJAN MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
FAIZ JIWANI MD FACP	COUNCIL MEMBER FROM 04/01/25	001.00	Director	$0	$0	$0
JAMES GRAUMLICH MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
JUSTIN KIM MD FACP	COUNCIL MEMBER FROM 04/01/25	001.00	Director	$0	$0	$0
LALITHA DARBHA MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
MANAJYOTI YADAV MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
MATHA HLAFKA MD FACP	COUNCIL MEMBER FROM 04/01/25	001.00	Director	$0	$0	$0
MELVIN SPEISMAN MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
MONICA KOMOROWSKI MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
SHARJEEL AHMAD MD	COUNCIL MEMBER	001.00	Director	$0	$0	$0
SUJA MATHEW MD FACP	COUNCIL MEMBER	001.00	Director	$0	$0	$0
THEJESWI PUJAR MD FACP	COUNCIL MEMBER UNTIL 4/1/25	001.00	Director	$0	$0	$0
COLLEEN KEEKU	EXECUTIVE DIRECTOR	045.00	Officer	$0	$0	$0

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	$175,906	$190,026	$299,623	$-14,120
2024	$160,169	$203,504	$308,826	$-43,335
2023	$164,570	$184,112	$352,161	$-19,542
2022	$162,234	$184,501	$371,703	$-22,267
2021	$159,436	$105,240	$393,970	$54,196
2020	$206,504	$150,122	$339,774	$56,382
2019	$186,622	$198,262	$283,494	$-11,640
2018	$209,751	$196,283	$295,532	$13,468

AMERICAN COLLEGE OF PHYSICIANS IL CHAPTER