STRATEGY STUDIO / PUBLIC DATA EXPLORER

AMERICAN COLLEGE OF CHEST PHYSICIANS: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AMERICAN COLLEGE OF CHEST PHYSICIANS (EIN 36-2170783)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-08
IRS object ID
202213129349303366
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-08T13:30:33-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362170783EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American College of Chest PhysiciansBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2245219800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 Patriot BlvdAddressLine1Txt
CityGlenviewCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonP Stratton DaviesPersonNm
Person TitleCFOPersonTitleTxt
Signature2022-11-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstP StrattonPersonFirstNm
Person LastDaviesPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER BURKEPreparerPersonNm
PTINP01342224PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Robert MusacchioBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 Patriot BlvdAddressLine1Txt
CityGlenviewCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$42,588,881GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.chestnet.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTo promote the prevention, diagnosis, and treatment of chest diseases through education, communication, and research.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee132TotalEmployeeCnt
Total Volunteers450TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,093,650PYContributionsGrantsAmt
CY Contributions Grants$9,391,198CYContributionsGrantsAmt
PY Program Service Revenue$10,949,495PYProgramServiceRevenueAmt
CY Program Service Revenue$14,920,197CYProgramServiceRevenueAmt
PY Investment Income$317,723PYInvestmentIncomeAmt
CY Investment Income$1,667,397CYInvestmentIncomeAmt
PY Other Revenue$3,268,837PYOtherRevenueAmt
CY Other Revenue$6,141,547CYOtherRevenueAmt
PY Total Revenue$16,629,705PYTotalRevenueAmt
CY Total Revenue$32,120,339CYTotalRevenueAmt
PY Grants And Similar Paid$20,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$34,500CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,950,292PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$13,635,835CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,099,315PYOtherExpensesAmt
CY Other Expenses$15,575,927CYOtherExpensesAmt
PY Total Expenses$15,069,607PYTotalExpensesAmt
CY Total Expenses$29,246,262CYTotalExpensesAmt
PY Revenues Less Expenses$1,560,098PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,874,077CYRevenuesLessExpensesAmt
Total Assets BOY$44,983,631TotalAssetsBOYAmt
Total Assets EOY$45,197,489TotalAssetsEOYAmt
Total Liabilities BOY$33,123,433TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,379,006TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,860,198NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,818,483NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTo champion the prevention, diagnosis, and treatment of chest diseases through education, communication, and research.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$14,778,699ExpenseAmt
Revenue$8,588,119RevenueAmt
DescEDUCATION: THE ANNUAL CHEST MEETING AND OTHER CONTINUING MEDICAL EDUCATION ACTIVITIES ARE CONDUCTED TO UPDATE CLINICIANS ON PATIENT CARE STRATEGIES, PREPARE FOR SUBSPECIALTY EXAMINATIONS, ESTABLISH PRACTICE STANDARDS, PREVIEW INVESTIGATIVE RESEARCH AND NEW SCIENCE, AND PROVIDE NETWORKING AND CAREER ADVANCEMENT OPPORTUNITIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$7,775,592ExpenseAmt
Revenue$3,215,562RevenueAmt
DescPUBLICATIONS: THE AMERICAN COLLEGE OF CHEST PHYSICIANS (COLLEGE) PUBLISHES A MONTHLY JOURNAL: CHEST. 28,000 READERS WORLDWIDE SUBSCRIBE TO KEEP UP-TO-DATE ON CHEST-RELATED MEDICINE. IN ADDITION, THE COLLEGE PUBLISHES A NUMBER OF BOOKS IN THE FIELD OF CHEST MEDICINE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,041,472ExpenseAmt
Grant$34,500GrantAmt
Revenue$1,008,115RevenueAmt
DescCORPORATE DEVELOPMENT: THE AMERICAN COLLEGE OF CHEST PHYSICIANS ALSO ENGAGES IN VARIOUS OTHER EDUCATIONAL PROGRAMMING TO PROVIDE TRAINING IN THE AREA OF PULMONARY CARE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$911,007ExpenseAmt
Revenue$2,108,401RevenueAmt
DescLEADERSHIP, NETWORKS, AND MEMBERSHIP: INTERDISCIPLINARY, FOCUSED-INTEREST GROUPS ARE ESTABLISHED TO PROVIDE THE OPPORTUNITY TO FORM A PROFESSIONAL ALLIANCE WITH OTHER MEMBERS OR GROUPS WHO SHARE SIMILAR EXPERTISE AND CONCERNS RELATIVE TO CLINICAL PRACTICE AND/OR COMMUNITY HEALTH ISSUES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$911,007TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$2,108,401TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$25,506,770TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document255IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee132EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1P Stratton DaviesBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2245219800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 Patriot BlvdAddressLine1Txt
CityGlenviewCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
David A Schulman MD MPH FCCP
President - Elect1.00.0Yes (X)Yes (X)$111,500$0$0
Doreen J Addrizzo-Harris MD FCCP
President Designate1.00.0Yes (X)Yes (X)$45,333$0$0
Stephanie M Levine MD FCCP
Immediate Past President1.00.0Yes (X)Yes (X)$5,900$0$0
Steven Q Simpson MD FCCP
President1.00.0Yes (X)Yes (X)$31,000$0$0
Alexander S Niven MD FCCP
Regent-At-Large1.00.0Yes (X)$0$0$0
Angel O Coz Yataco MD FCCP
Chair, Council of Networks1.00.0Yes (X)$500$0$0
Douglas A Arenberg MD FCCP
Regent-At-Large1.00.0Yes (X)$3,000$0$0
Ian T Nathanson MD FCCP
Chest Foundation President1.02.0Yes (X)$0$0$0
John A Howington MD FCCP
Regent-At-Large1.00.0Yes (X)$0$0$0
Lisa K Moores MD FCCP
Regent-At-Large1.01.0Yes (X)$500$0$0
Michael E Nelson MD FCCP
Regent-At-Large1.00.0Yes (X)$0$0$0
Neil S Freedman MD FCCP
Regent-At-Large1.00.0Yes (X)$0$0$0
Nneka O Sederstrom PhD MA FCCP
Regent-At-Large1.00.0Yes (X)$250$0$0
Robert DeMarco MD FCCP
Chest Foundation President - Elect1.02.0Yes (X)$0$0$0
Sai Praveen Haranth MBBS MPH FCCP
Chair, Executive Committee of the Council of Global Governors1.00.0Yes (X)$0$0$0
Sandhya Khurana MD FCCP
Regent-At-Large1.00.0Yes (X)$4,500$0$0
Vera A De Palo MD FCCP
Regent-At-Large1.00.0Yes (X)$0$0$0
Victor J Test MD FCCP
Regent-At-Large1.00.0Yes (X)$250$0$0
Robert Musacchio Phd
Secretary/Executive Vice President & CEO40.03.0Yes (X)$417,211$0$23,200
Stratton Davies CPA
CFO40.03.0Yes (X)$287,426$0$38,320
Debra Janiszewski
Senior Vice President40.01.0$204,795$0$16,214Yes (X)
James Young
Senior Vice President (until 9/10/21)40.01.0$171,357$0$20,989Yes (X)
Jennifer Nemkovich
Senior Vice President40.01.0$247,233$0$8,751Yes (X)
John Rather
General counsel40.01.0$231,786$0$9,583Yes (X)
Nicki Augustyn
Senior Vice President40.01.0$229,221$0$24,222Yes (X)
Richard Schuch
Senior Vice President40.01.0$192,865$0$28,808Yes (X)
Chad Jackson
Chief Innovation Officer (until 8/1/21)40.01.0$215,472$0$8,561Yes (X)
Jonathan Iaccarino
Senior Director40.01.0$213,038$0$10,565Yes (X)
Kathy Jewett
Director40.01.0$132,415$0$17,442Yes (X)
Manuel Alfaro
Senior Director40.01.0$179,541$0$30,974Yes (X)
Robb Rabito
Senior DIrector40.01.0$144,049$0$21,400Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,069,142TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$259,029TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K32IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
ELSEVIER
PO BOX 9546NEW YORKNY10087CHEST JOURNAL SERVICES$1,032,000
WISDOM CAPTURE
815 E STREETSAN DIEGOCA92112EXPOSITION SOFTWARE PLATFORM$409,901
FREEMAN EXPOSITIONS INC
1600 ViceroyDallasTX75235AUDIO VISUAL SERVICES$338,954Suite 100
REACHMD INC
500 OFFICE CENTER DRIVEFORT WASHINGTONPA19034PODCAST/MEDICAL EDUCATION PRODUCTION$334,120SUITE 325
THE CLEVELAND CLINIC EDUCATIONAL FOUNDATION
9500 EUCLID AVENUECLEVELANDOH44195EDITORIAL SERVICES$306,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K18CntrctRcvdGreaterThan100KCnt
Government Grants$4,269,550GovernmentGrantsAmt
All Other Contributions$5,121,648AllOtherContributionsAmt
Total Contributions$9,391,198TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Education611600$8,588,119$8,588,119
Publications541800$3,215,562$3,215,562
Membership Dues900099$2,108,401$2,108,401
Corporate Development541900$1,008,115$1,008,115

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$14,920,197TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$228,685TotalRevenueColumnAmt
Exclusion$228,685ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,008,309TotalRevenueColumnAmt
Exclusion$6,008,309ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,907,254SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,468,542SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,438,712SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,438,712TotalRevenueColumnAmt
Exclusion$1,438,712ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescInsurance Claim ProceedsDesc
Business900099BusinessCd
Total Revenue Column$133,238TotalRevenueColumnAmt
Exclusion$133,238ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$133,238OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,120,339TotalRevenueColumnAmt
Related Or Exempt Func Income$14,920,197RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,808,944ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$31,200TotalAmt
Program Services$31,200ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,700TotalAmt
Program Services$2,700ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$600TotalAmt
Program Services$600ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,387,359TotalAmt
Program Services$1,997,564ProgramServicesAmt
Management And General$389,795ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,825,839TotalAmt
Program Services$7,989,212ProgramServicesAmt
Management And General$836,627ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$457,861TotalAmt
Program Services$412,075ProgramServicesAmt
Management And General$45,786ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,149,487TotalAmt
Program Services$1,034,538ProgramServicesAmt
Management And General$114,949ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$815,289TotalAmt
Program Services$733,760ProgramServicesAmt
Management And General$81,529ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$28,937TotalAmt
Program Services$25,250ProgramServicesAmt
Management And General$3,687ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$92,667TotalAmt
Management And General$92,667ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$42,877TotalAmt
Management And General$42,877ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,774,433TotalAmt
Program Services$2,083,913ProgramServicesAmt
Management And General$690,520ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$887,564TotalAmt
Program Services$428,231ProgramServicesAmt
Management And General$459,333ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,829,615TotalAmt
Program Services$1,646,654ProgramServicesAmt
Management And General$182,961ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,014,224TotalAmt
Program Services$912,802ProgramServicesAmt
Management And General$101,422ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$271,305TotalAmt
Program Services$193,174ProgramServicesAmt
Management And General$78,131ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,389,190TotalAmt
Program Services$1,276,724ProgramServicesAmt
Management And General$112,466ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$287,821TotalAmt
Program Services$259,039ProgramServicesAmt
Management And General$28,782ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,435,389TotalAmt
Program Services$3,091,850ProgramServicesAmt
Management And General$343,539ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$132,142TotalAmt
Program Services$100,494ProgramServicesAmt
Management And General$31,648ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Publications Expense$3,141,305$3,141,305
Educational Fees$35,000$35,000
Publications/Seminars$29,738$15,451$14,287
Dues to professional organizations$89,301$44,688$44,613

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$94,419TotalAmt
Program Services$50,546ProgramServicesAmt
Management And General$43,873ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$29,246,262TotalAmt
Program Services$25,506,770ProgramServicesAmt
Management And General$3,739,492ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$348,286BOYAmt
EOY$7,378,206EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$725,969BOYAmt
EOY$8,830,060EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$933,387BOYAmt
EOY$701,353EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,061,261BOYAmt
EOY$985,727EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,099,678BOYAmt
EOY$1,462,732EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,335,646LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,405,635LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,313,824BOYAmt
EOY$24,930,011EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,501,226BOYAmt
EOY$909,400EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$44,983,631BOYAmt
EOY$45,197,489EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,353,389BOYAmt
EOY$2,107,591EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$6,230,333BOYAmt
EOY$7,011,949EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,276,482BOYAmt
EOY$15,942,362EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$519,521BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$2,269,550BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,474,158BOYAmt
EOY$5,317,104EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$33,123,433BOYAmt
EOY$30,379,006EOYAmt

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,716,620BOYAmt
EOY$13,719,084EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,143,578BOYAmt
EOY$1,099,399EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,860,198BOYAmt
EOY$14,818,483EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$44,983,631BOYAmt
EOY$45,197,489EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,874,077ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,134,234NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,218,442OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,215,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,572,828CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,695,265CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,093,650CurrentTaxYearMinus1YearAmt
Current Tax Year$9,391,198CurrentTaxYearAmt
Total$32,967,962TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,280,274CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,645,887CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,631,253CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,949,495CurrentTaxYearMinus1YearAmt
Current Tax Year$14,920,197CurrentTaxYearAmt
Total$80,427,106TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,495,295CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,218,715CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,326,518CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,043,145CurrentTaxYearMinus1YearAmt
Current Tax Year$24,311,395CurrentTaxYearAmt
Total$113,395,068TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$854,297CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,535,425CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,308,800CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$784,140CurrentTaxYearMinus1YearAmt
Current Tax Year$943,656CurrentTaxYearAmt
Total$7,426,318TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$854,297CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,535,425CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,308,800CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$784,140CurrentTaxYearMinus1YearAmt
Current Tax Year$943,656CurrentTaxYearAmt
Total$7,426,318TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$105,968,750PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,364,123CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,381,683CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,117,675CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,149,753CurrentTaxYearMinus1YearAmt
Current Tax Year$6,236,994CurrentTaxYearAmt
Total$28,250,228TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,364,123CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,381,683CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,117,675CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,149,753CurrentTaxYearMinus1YearAmt
Current Tax Year$6,236,994CurrentTaxYearAmt
Total$28,250,228TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,055CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$251,097CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$294,553CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$229,286CurrentTaxYearMinus1YearAmt
Current Tax Year$133,238CurrentTaxYearAmt
Total$1,265,229TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,216,473CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,851,495CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,738,746CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,422,184CurrentTaxYearMinus1YearAmt
Current Tax Year$30,681,627CurrentTaxYearAmt
Total$142,910,525TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.7415PublicSupportCY509Pct
Public Support PY5090.7317PublicSupportPY509Pct
Investment Income CY0.2InvestmentIncomeCYPct
Investment Income PY0.2InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part III, Line 12 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - REBATE REVENUE, COLUMN A - 357055.0, COLUMN B - 251097.0, COLUMN C - 294553.0, COLUMN D - 229286.0, COLUMN E - 0.0, COLUMN F - 1131991.0; DESCRIPTION - INSURANCE CLAIM PROCEEDS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 133238.0, COLUMN F - 133238.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,514,459OtherCostOrOtherBasisAmt
Book Value$2,514,459BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,434,671OtherCostOrOtherBasisAmt
Depreciation$4,086,934DepreciationAmt
Book Value$16,347,737BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$35,925OtherCostOrOtherBasisAmt
Depreciation$15,475DepreciationAmt
Book Value$20,450BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,628,310OtherCostOrOtherBasisAmt
Depreciation$4,918,542DepreciationAmt
Book Value$1,709,768BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,722,281OtherCostOrOtherBasisAmt
Depreciation$7,384,684DepreciationAmt
Book Value$4,337,597BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,930,011TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Due to Affiliated Organization$5,211,833
Interest Rate Swap$105,271
FieldValueIRS element (for citing)
Total Liability$5,317,104TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationThe College and the Foundation have received favorable determination letters from the Internal Revenue Service stating they are exempt from Federal income taxes on related income under Section 501(a) as entities described in Section 501(c)(3) of the Internal Revenue Code. The Organization follows guidance issued by the Financial Accounting Standards Board ("FASB") with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Organization recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Organization has no amounts accrued for interest or penalties as of December 31, 2021 and December 31, 2020. Due to their tax-exempt status, the College and Foundation are not subject to U.S. federal or state income tax, except on unrelated business income. The Organization does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. All entities are subject to examination by these taxing authorities.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHEST FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 PATRIOT BOULEVARDAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Recipient EIN363286520RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$31,200CashGrantAmt
Purpose Of GrantCOMMUNITY SERVICE AWARDS AND GRANTSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part II, Line 2 Procedures for monitoring use of grant fundsThe American College of Chest Physicians (CHEST) enters into a formal legal agreement with all grantees articulating all requirements related to the grant including reporting, intellectual property ownership, circumstances related to noncompliance to grant agreement terms, payment schedule, and project expectations. All reporting deadlines are supervised by CHEST staff. CHEST requires proof of 501(c)(3) status and/or proof that the funds will be used consistently with CHEST's exempt purposes. CHEST screens all organizations prior to issuing grant payments.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.The College provided a grant to The Chest Foundation, a related tax-exempt organization. The organization monitors the use of the grant funds through management oversight, via a common CEO and Board.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Robert Musacchio Phd
Secretary/Executive Vice President & CEO$382,368$0$0$0$34,843$0$23,200$0$0$0$440,411$0$0$0
Stratton Davies CPA
CFO$260,502$0$0$0$26,924$0$23,164$0$15,156$0$325,746$0$0$0
Jennifer Nemkovich
Senior Vice President$236,650$0$0$0$10,583$0$8,751$0$0$0$255,984$0$0$0
Nicki Augustyn
Senior Vice President$211,334$0$0$0$17,887$0$17,424$0$6,798$0$253,443$0$0$0
John Rather
General counsel$230,000$0$0$0$1,786$0$9,583$0$0$0$241,369$0$0$0
Richard Schuch
Senior Vice President$182,639$0$0$0$10,226$0$7,712$0$21,096$0$221,673$0$0$0
Debra Janiszewski
Senior Vice President$195,419$0$0$0$9,376$0$10,310$0$5,904$0$221,009$0$0$0
James Young
Senior Vice President (until 9/10/21)$130,752$0$0$0$40,605$0$10,258$0$10,731$0$192,346$0$0$0
Chad Jackson
Chief Innovation Officer (until 8/1/21)$138,585$0$0$0$76,887$0$2,300$0$6,261$0$224,033$0$0$0
Jonathan Iaccarino
Senior Director$205,000$0$0$0$8,038$0$10,565$0$0$0$223,603$0$0$0
Manuel Alfaro
Senior Director$170,578$0$0$0$8,963$0$9,878$0$21,096$0$210,515$0$0$0
Robb Rabito
Senior DIrector$137,347$0$0$0$6,702$0$4,516$0$16,884$0$165,449$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Health or social club dues or initiation feesThe American College of Chest Physicians includes as taxable compensation any health club or social club dues paid on behalf of both interested and non-interested persons.
Schedule J, Part I, Line 4a Severance or change-of-control paymentChad Jackson - severance of $74,871. James Young - severance of $40,605

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1Illinois Finance AuthorityBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN861091967BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2013-03-07BondIssuedDt
Issue Price$18,000,000IssuePriceAmt
PurposeSee description on Part VIPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$2,074,840RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$18,000,000TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$0IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$18,000,000CapitalExpendituresAmt
Other Spent Proceeds$0OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2014SubstantialCompletionYr
Refunding Tax Exempt BondsfalseRefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Total Private Business Use0.0TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdfalseProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebateYes (true)ExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssueYes (true)VariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Regulatory Safe Harbor StsfdfalseRegulatorySafeHarborStsfdInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsfalseWrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionfalseProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I Description of PurposeThe acquisition, design, development, construction, improvement, furnishing and equipping of certain new educational and training facilities, including, without limitation, one or more simulators, an auditorium, classrooms, administrative offices and various other educational and training facilities and including site improvements, landscaping, and improvements to roads, walkways and parking lots, all at 2595 Patriot Blvd, Glenview, Illinois 60026.
Schedule K, Part III, Line 9 Written ProceduresThe College has a draft form of written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with requirements. Management is in the process of obtaining formal approval.
Schedule K, Part IV, Line 7 Written ProceduresThe College has a draft form of written procedures to monitor the requirements of Section 148. Management is in the process of obtaining formal approval.
Schedule K, Part V Written ProceduresThe College has a draft form of written procedures and Management is in the process of obtaining formal approval.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ 911,007 including grants of $)(Revenue $ 2,108,401) LEADERSHIP, NETWORKS, AND MEMBERSHIP: INTERDISCIPLINARY, FOCUSED-INTEREST GROUPS ARE ESTABLISHED TO PROVIDE THE OPPORTUNITY TO FORM A PROFESSIONAL ALLIANCE WITH OTHER MEMBERS OR GROUPS WHO SHARE SIMILAR EXPERTISE AND CONCERNS RELATIVE TO CLINICAL PRACTICE AND/OR COMMUNITY HEALTH ISSUES.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThe Governance Committee consists of the College's Immediate Past President, the Foundation's Immediate Past President, three at-large members of the Board of Regents and two at-large members of the Board of Trustees to be selected by the College and Foundation Presidents. The Governance Committee shall propose nominees for elective offices as designated by the Board of Regents and Board of Trustees, in accordance with procedures determined by the Boards. The Governance Committee may consider nominees recommended by any Fellow in good standing.
Form 990, Part VI, Line 6 Classes of members or stockholdersThe organization has the following classes of membership with the right to elect members of the board or regents. There are no other rights granted to these members. Fellow: A physician or other healthcare professional or person holding an advanced degree, who meets such qualifications as established by the board of regents. Fellows shall be entitled to all privileges of the College, including but not limited to, the right to vote at the meetings of Fellows and to hold office. Fellows shall be permitted to use the designation "FCCP". Master Fellow: A Master Fellow shall be a Fellow who meets such qualifications as have been established by the board of regents. A Master Fellow shall have their dues permanently waived, continue to be a Fellow, and shall be permitted to use the designation "Master FCCP".
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyRegents-at-Large shall be elected by the Fellows at the Annual Meeting. They shall serve an initial term of three (3) years and shall be eligible for re-election for one (1) additional three (3) year term. The Governance Committee shall propose a candidate for the office of President-Elect. Candidates for the office of President-Elect may also be nominated by twenty-five (25) Fellows in good standing, provided that such nominations are submitted to the Executive Vice President in the form of a written petition signed by the petitioning Fellows at least sixty (60) days before the Annual Meeting of Fellows, and provided such candidates have agreed in writing in advance to accept such nomination. Nominations will not be accepted from the floor. All elected officers of the College shall be elected at the Annual Meeting of Fellows. Except for the Secretary, all officers shall serve a term of one (1) year or until their successors have been duly elected and qualified. All elected officers shall assume their duties on January 1 after the annual meeting.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPrior to filing the return with the IRS, a draft of the completed Form 990 is reviewed by the organization's Finance Committee. Subsequent to the Finance Committee's review, the completed and final Form 990 is presented to the organization's Board of Directors for review and filed with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policyAnnually, the organization distributes an electronic conflict of interest questionnaire to all interested persons to determine if any potential or actual conflict of interest exists. The Professional Standards Committee reviews each questionnaire electronically submitted by these individuals to determine if any potential or actual conflicts of interest exist and requires the attention of the board. If the board determines that an actual conflict exists, then the interested person with the conflict will recuse him/herself from any related discussion, vote or similar action on the matter.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialFOR THE YEAR ENDED DECEMBER 31, 2021 AND FOR THE SIX MONTHS ENDED DECEMBER 31, 2020 THE COMPENSATION COMMITTEE, MADE UP OF INDEPENDENT MEMBERS, COMPARED THE COMPENSATION FOR "DISQUALIFIED PERSONS" TO THAT OF THE ESTABLISHED "PEER GROUP" BASED ON A STUDY CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR A PRIOR FISCAL YEAR, NOTING THAT THE COMPENSATION FOR THE DISQUALIFIED PERSONS WAS REASONABLE. THESE DELIBERATIONS AND DECISIONS WERE DOCUMENTED CONTEMPORANEOUSLY.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesFor the year ended December 31, 2021 and the six months ended December 31, 2020 THE COMPENSATION COMMITTEE, MADE UP OF INDEPENDENT MEMBERS, COMPARED THE COMPENSATION FOR "DISQUALIFIED PERSONS" TO THAT OF THE ESTABLISHED "PEER GROUP" BASED ON A STUDY CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR A PRIOR FISCAL YEAR, NOTING THAT THE COMPENSATION FOR THE DISQUALIFIED PERSONS WAS REASONABLE. THESE DELIBERATIONS AND DECISIONS WERE DOCUMENTED CONTEMPORANEOUSLY. The College's Board of Regents determined that the President, President Elect, Immediate Past-President and President Designate shall receive honorariums for the time served in these positions. Similar medical associations were surveyed to determine what board positions in similar associations received honorariums, the amount of time the board members spend on association business and the amount of honorariums they received. Based on the data collected a proposal was made to the College's board with the related "proposed paid" board positions recusing themselves from the meeting and vote. The board passed the current honorarium structure.
Form 990, Part VI, Line 19 Required documents available to the publicThe organization's bylaws and conflict of interest policy are available on the organization's website. Other documents which are required to be made available to the public, pursuant to IRC ยง6104, are available upon request.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesGain on swap valuation - 119644; Insurance proceeds - 1098798;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE CHEST FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 PATRIOT BLVDAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
EIN363286520EIN
Primary ActivitiesGRANTMAKINGPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity StatusType IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN COLLEGE OF CHEST PHYSICIANSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ACCP ENTERPRISES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12595 PATRIOT BLVDAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
EIN463025022EIN
Primary ActivitiesCREATE AND DELIVER EDUCATIONAL PROGRAMSPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN COLLEGE OF CHEST PHYSICIANSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CorporationEntityTypeTxt
Share Of EOY Assets$144,522ShareOfEOYAssetsAmt
Ownership1.00OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd