2021-10-26T21:00:49-05:00 2020-12-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2020-07-01 362170783 American College of Chest Physicians AMER 2245219800 2595 Patriot Blvd Glenview IL 60026 P Stratton Davies CFO 2021-10-26 true P Stratton Davies 999009999 JENNIFER BURKE P01342224 3128997000 2020 2022-09-23 18:48:47Z Robert Musacchio 2595 Patriot Blvd Glenview IL 60026 19197413 false X www.chestnet.org X 1935 IL To promote the prevention, diagnosis, and treatment of chest diseases through education, communication, and research. 17 14 123 450 0 0 6695265 2093650 18631253 10949495 222780 317723 6169449 3268837 31718747 16629705 176003 20000 0 12898740 6950292 0 0 21429385 8099315 34504128 15069607 -2785381 1560098 43481911 44983631 34020090 33123433 9461821 11860198 X To champion the prevention, diagnosis, and treatment of chest diseases through education, communication, and research. false false 7676250 0 7040116 EDUCATION: 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. 1868295 0 2050756 PUBLICATIONS: THE AMERICAN COLLEGE OF CHEST PHYSICIANS (COLLEGE) PUBLISHES A MONTHLY JOURNAL: CHEST. 23,000 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. 3234002 20000 444641 CORPORATE DEVELOPMENT: THE AMERICAN COLLEGE OF CHEST PHYSICIANS ALSO ENGAGES IN VARIOUS OTHER EDUCATIONAL PROGRAMMING TO PROVIDE TRAINING IN THE AREA OF PULMONARY CARE. 268643 0 1413982 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. 268643 1413982 13047190 true true false false false false false false false true false false false true true false true false false false false false false false false false true false true true false false false false false false false false false false false false false false false true true true false false true 249 0 true 123 true false false false false false false false false false false false false X 17 14 false false false false true true false true true false false true true true true true true true true false IL X P Stratton Davies 2245219800 2595 Patriot Blvd Glenview IL 60026 Clayton T Cowl MD MS FCCP Immediate Past President through 10/17/20 1.0 0.0 X X 130000 0 0 David A Schulman MD MPH FCCP President-Designate/President-Elect 1.0 0.0 X X 39500 0 0 Stephanie M Levine MD FCCP President/Immediate Past President starting 10/18/20 1.0 0.0 X X 101000 0 0 Steven Q Simpson MD FCCP President 1.0 0.0 X X 0 0 0 Alexander S Niven MD FCCP Regent 1.0 0.0 X 0 0 0 Angel O Coz Yataco MD FCCP Chair, Council of NetWorks 1.0 0.0 X 0 0 0 Doreen J Addrizzo-Harris MD FCCP President-Designate 1.0 0.0 X 0 0 0 Douglas A Arenberg MD FCCP Regent 1.0 0.0 X 3000 0 0 Ian T Nathanson MD FCCP CHEST Foundation President-Elect/President and Trustee 1.0 2.0 X 0 0 0 John A Howington MD FCCP Regent 1.0 0.0 X 0 0 0 Lisa K Moores MD FCCP Regent 1.0 1.0 X 0 0 0 Michael E Nelson MD FCCP Regent 1.0 0.0 X 0 0 0 Neil S Freedman MD FCCP Regent 1.0 0.0 X 0 0 0 Nneka O Sederstrom PhD MA FCCP Regent 1.0 0.0 X 0 0 0 Sai P Haranath MD MPH FCCP Chair, Executive Committee of the Council of Global Governors 1.0 1.0 X 0 0 0 Sandhya Khurana MD FCCP Regent 1.0 0.0 X 2500 0 0 Vera A De Palo MD FCCP Regent 1.0 0.0 X 0 0 0 Victor J Test MD FCCP Regent 1.0 0.0 X 0 0 0 Robert Musacchio Phd Secretary/Executive Vice President & CEO 40.0 3.0 X 438937 0 25650 Stratton Davies CPA CFO 40.0 3.0 X 295593 0 42822 Debra Janiszewski Senior Vice President 40.0 1.0 X 175120 0 22366 James Young Senior Vice President 40.0 1.0 X 219282 0 39712 Jennifer Nemkovich Senior Vice President 40.0 1.0 X 254045 0 10198 Nicki Augustyn Senior Vice President 40.0 1.0 X 258666 0 31507 Ronald Moen CIO 40.0 1.0 X 204023 0 45951 Chad Jackson Chief Innovation Officer 40.0 1.0 X 220219 0 19472 Linda Tomczynski Senior Director 40.0 1.0 X 168754 0 12569 Manuel Alfaro Senior Director 40.0 1.0 X 162226 0 39160 Richard Schuch Senior Director 40.0 1.0 X 183460 0 29079 Rudy Anderson Senior Director/Associate Exec Director CHEST Foundation 10.0 30.0 X 180203 0 7920 3036528 0 326406 30 false true false ELSEVIER PO BOX 9546 NEW YORK NY 10087 CHEST JOURNAL SERVICES 1116191 REACHMD INC 500 OFFICE CENTER DRIVE SUITE 325 FORT WASHINGTON PA 19034 PODCAST/MEDICAL EDUCATION PRODUCTION 555000 KENES GROUP RUE FRANCOIS-VERSONNEX 7 GENEVA SZ 1207 EXPOSITION SOFTWARE PLATFORM 514838 GLOBANT LLC 875 Howard Street Suite 320 San Francisco CA 94103 SOFTWARE DEVELOPER 439862 FREEMAN EXPOSITIONS INC 1600 Viceroy Suite 100 Dallas TX 75235 AUDIO VISUAL SERVICES 423304 15 2093650 2093650 Education 611600 7040116 7040116 Publications 541800 2050756 2050756 Membership Dues 900099 1413982 1413982 Corporate Development 541900 444641 444641 0 0 0 0 10949495 110201 110201 3039552 3039552 0 0 2775230 2567708 207522 0 207522 207522 Rebate Revenue 900099 229285 229285 0 0 0 0 229285 16629705 10949495 0 3586560 20000 20000 1907384 1508351 399033 3559864 3025884 533980 361708 307452 54256 706645 600648 105997 414691 352487 62204 69380 33561 35819 65650 65650 22069 22069 1213431 988990 224441 0 396048 278062 117986 1054518 949066 105452 484430 435987 48443 145798 119394 26404 1170225 1137013 33212 183162 164846 18316 1399478 1259530 139948 43100 38125 4975 Publications Expense 1753133 1753133 Educational Fees 33650 33650 Publications/Seminars 28610 21187 7423 Dues to professional organizations 36633 19824 16809 0 0 0 0 15069607 13047190 2022417 0 2522912 348286 719108 725969 1579837 933387 817523 5061261 0 0 0 0 1390436 1099678 45663155 18349331 27909127 27313824 8542968 9501226 0 0 0 0 43481911 44983631 2166329 2353389 7696125 6230333 16442041 16276482 0 0 574521 519521 2269550 2269550 4871524 5474158 34020090 33123433 X 7518392 10716620 1943429 1143578 9461821 11860198 43481911 44983631 X 1560098 752038 86241 X false true X true false X 3342147 7215021 7572828 6695265 2093650 26918911 17644014 18280274 17645887 18631253 10949495 83150923 0 0 0 20986161 25495295 25218715 25326518 13043145 110069834 0 0 0 0 0 0 1443946 854297 1535425 3308800 784140 7926608 1443946 854297 1535425 3308800 784140 7926608 102143226 5873573 6364123 6381683 6117675 3149753 27886807 0 0 0 0 0 5873573 6364123 6381683 6117675 3149753 27886807 0 505229 357055 251097 294553 229286 1637220 27364963 32216473 31851495 31738746 16422184 139593861 0.7317 0.7442 0.2 0.1884 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - REBATE REVENUE, COLUMN A - 505229.0, COLUMN B - 357055.0, COLUMN C - 251097.0, COLUMN D - 294553.0, COLUMN E - 229286.0, COLUMN F - 1637220.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2514459 2514459 20434671 3576067 16858604 35925 11883 24042 6355442 3990429 2365013 16322658 10770952 5551706 27313824 Due to Affiliated Organization 5249243 Interest Rate Swap 224915 5474158 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The 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 30, 2020 and June 30, 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. true The Chest Foundation 2595 Patriot Boulevard Glenview IL 60026 363286520 501(C)(3) 20000 Community Service Awards and Grants 1 0 Schedule I, Part II, Line 2 Procedures for monitoring use of grant funds The 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. X true true X X X X X false false false false false false false true false Robert Musacchio Phd Secretary/Executive Vice President & CEO 369720 0 38000 0 31217 0 25650 0 0 0 464587 0 0 0 Stratton Davies CPA CFO 255438 0 20250 0 19905 0 25650 0 17172 0 338415 0 0 0 Debra Janiszewski Senior Vice President 163276 0 7161 0 4683 0 15922 0 6444 0 197486 0 0 0 Nicki Augustyn Senior Vice President 226577 0 17711 0 14378 0 23587 0 7920 0 290173 0 0 0 Jennifer Nemkovich Senior Vice President 231224 0 17100 0 5721 0 10198 0 0 0 264243 0 0 0 Ronald Moen CIO 191551 0 10130 0 2342 0 18497 0 27454 0 249974 0 0 0 James Young Senior Vice President 192096 0 14271 0 12915 0 19552 0 20160 0 258994 0 0 0 Richard Schuch Senior Director 168982 0 8835 0 5643 0 5751 0 23328 0 212539 0 0 0 Rudy Anderson Senior Director/Associate Exec Director CHEST Foundation 167577 0 8296 0 4330 0 0 0 7920 0 188123 0 0 0 Linda Tomczynski Senior Director 156817 0 7725 0 4212 0 12569 0 0 0 181323 0 0 0 Chad Jackson Chief Innovation Officer 194043 0 20000 0 6176 0 2300 0 17172 0 239691 0 0 0 Manuel Alfaro Senior Director 149729 0 7275 0 5222 0 15832 0 23328 0 201386 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees The 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 7 Non-fixed payments The College Incentive Plan is available to all employees of the College who have met the eligibility requirements and were employed on the last day of the fiscal year. Certain criteria must be met by the College's management and staff prior to the incentive calculation, such as a surplus from operations, meeting strategic and personal goals. Incentive percentages are tiered based an employee's level within the College and are calculated based on the number of strategic and personal goals that are met. A Illinois Finance Authority 861091967 000000000 2013-03-07 18000000 See description on Part VI false false false A 1733840 0 18000000 0 0 0 0 0 0 18000000 0 0 2014 false false true true A false false false false 0.0 false false false A false false false true true false false false false false A false Schedule K, Part I Description of Purpose The 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 Procedures The 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 Procedures The 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 Procedures The College has a draft form of written procedures and Management is in the process of obtaining formal approval. Schedule K, Part IV, Line 2c COLUMN A Issuer name: Illinois Finance Authority The calculation for computing no rebate due was performed on 06/01/2014 Form 990, Part III, Line 4d Description of other program services (Expenses $ 268,643 including grants of $ 0)(Revenue $ 1,413,982) 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 committee The 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 stockholders The 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 body Regents-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 the first day following the close of the Annual Meeting. Form 990, Part VI, Line 11b Review of form 990 by governing body Prior 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 policy Annually, 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 official For the six months ended December 31, 2020 and fiscal year 6/30/20 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 THE FISCAL YEAR JUNE 30, 2017, 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 employees For the six months ended December 31, 2020 and fiscal year 6/30/20 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 THE FISCAL YEAR JUNE 30, 2017, 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 public The 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 §6104, are available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain on swap valuation - 86241; THE CHEST FOUNDATION 2595 PATRIOT BLVD GLENVIEW IL 60026 363286520 GRANTMAKING IL 501(c)(3) Type I AMERICAN COLLEGE OF CHEST PHYSICIANS true ACCP ENTERPRISES INC 2595 PATRIOT BLVD GLENVIEW IL 60026 463025022 CREATE AND DELIVER EDUCATIONAL PROGRAMS IL AMERICAN COLLEGE OF CHEST PHYSICIANS C Corporation 144522 1.00 true false true false true true false false false false false false false false true true false false true true