American Association of Physicians of Indian Origin

Nonprofit profile at a glance

EIN
382532505
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-T 2022
Location
Oak Brook, IL, USA
Phone
6302259575
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,457,186
Expenses
$1,775,702
Assets
$5,759,888
Liabilities
$1,239,046

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MEHER MEDAVARAM (PRESIDENT -)
  • AMIT CHAKRABARTY (PRESIDENT)

People named in this filing

  • SATHEESH KATHULA (PAST PRESIDE)
  • MEHER MEDAVARAM (PRESIDENT -)
  • AMIT CHAKRABARTY (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To update and educate members of the medical profession on current activities and new products.

What it reported doing in 2024

Summit: a conference presenting current information on the medical profession. This event served as an effective platform for networking and was enriched with continuing medical education (cmes), a research poster symposium, and seminars/workshops covering topics such as social media, healthcare laws, physician wellness, and leadership. Event expenses: cme event revenue and expenses the american association of physicians of indian origin (aapi) offers continuing medical education (cme) programs to support the professional development of its members.these cme programs are developed in accordance with standards set by the accreditation council for continuing medical education (accme), ensuring their quality and relevance. Oxygen projects funding: aapi launched a covid-19 relief initiative to raise funds for india, aimed at sending oxygen concentrators, ventilators, and oxygen generator plants to various hospitals across the country. Adopt-a-village program to make quality healthcare accessible universally to village and taluka and district levels, aapi has been part of the adopt-a-village project, which enables aapi members to adopt the village they hail from originally and make a significant contribution towards its development. Journal printing and mailing expenses: aapi publishes a quarterly magazine that is mailed to all members, offering timely updates on a wide range of topics. The aapi journal includes information on past, current, and upcoming events; organizational programs and announcements; committee reports; membership recruitment initiatives; scientific and medical articles; and health, lifestyle, and wellness columns relevant to the medical community. Float revenue: the purpose of aapis participation in the india day parade and contribution to the fia is: to celebrate indias independence day and showcase indian heritage and pride. To promote the visibility of indian- american physicians and their contributions to the u.s. Healthcare system. To strengthen community engagement and foster unity among indian-american organizations and leaders. Msrf revenue: aapi medical student, resident, and fellow section (msrf) is a hub for empowering the next generation of physicians through mentorship, leadership, and advocacy. Mentorship and educational programs supporting workshops, leadership training, and networking events for students, residents, and fellows. Conference participation and scholarships assisting members with travel grants, competition prizes, and academic presentations at aapi and external conferences. Community outreach and health initiatives funding service projects, advocacy efforts, and public health campaigns aligned with aapis mission. Yps/msrf activities the young physicians section (yps) and the medical students, residents, and fellows (msrf) section, operating under the aapi umbrella, organize an annual winter medical conference, fostering education, networking, and leadership development among emerging indian american medical professionals.

Operating model

Revenue model
Other-operating. 84% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 24
  • Sustainability: 40
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.6%; rating input score 80
  • Program expense ratio: 62.9%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -21.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 3.24; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -5.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -7.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 79.6% of revenue deployed · 62.9% of spending went to programs
  • Governance: 0 of 142 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.