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Nonprofit · EIN 41-1920576

AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION

Tax-exempt · DARIEN, IL 60561

Financials

$3.2M$4.3M2023$3.3M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,275,379$4,605,239-$1,329,860$18,232,711$5,176,383$13,056,328
December 31, 2023990$3,182,359$4,279,327-$1,096,968$17,276,389$3,602,306$13,674,083
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,695,380
Program service revenue
$0
Investment income
$579,999
Net gain from sales of assets
$43,862
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,367,615
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$124
Accounting fees
$24,596
Travel
$58,248
Program services (functional)
$4,445,222
Management and general (functional)
$86,865
Fundraising (functional)
$73,152

Balance sheet and other

Total assets, start of year
$17,276,389
Total assets, end of year
$18,232,711
Total liabilities, end of year
$5,176,383
Net assets, end of year
$13,056,328
Publicly traded securities
$14,433,482
Net assets without donor restrictions
$2,109,143
Net assets with donor restrictions
$10,947,185
Gross receipts
$7,229,023
Employees
0
Volunteers
45
Year formed
1998
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN VAN HOUTEXECUTIVE DIRECTOR
Officer
2$0$531,680$89,450
ERIC OLSON MDDIRECTOR (OUTGOING 2024)
Trustee or director
1$0$58,250$0
ANDREW SUMMERSDIRECTOR OF FINANCE (OUTGOING 2024)
Officer
2$0$51,730$6,388
WILLIAM ROHEDIRECTOR OF FINANCE (INCOMING 2024)
Officer
2$0$54,173$3,215
ANITA SHELGIKAR MD MHPEDIRECTOR
Trustee or director
1$0$45,000$0
MICHAEL HEFNERDIRECTOR OF FINANCE (INCOMING & OUTGOING 2024)
Officer
2$0$34,849$671
FARIHA ABBASI-FEINBERG MDSECRETARY-TREASURER
Trustee or director, Officer
1$0$30,750$0
LYNN MARIE TROTTI MD MSCPRESIDENT-ELECT
Trustee or director, Officer
1$0$18,500$0
EMERSON WICKWIRE PHD FAASMDIRECTOR
Trustee or director
1$0$17,700$0
INDIRA GURUBHAGAVATULA MD MPHDIRECTOR (INCOMING 2024)
Trustee or director
5$0$17,000$0
VISHESH KAPUR MD MPHDIRECTOR
Trustee or director
1$0$17,000$0
JENNIFER MARTIN PHDDIRECTOR (OUTGOING 2024)
Trustee or director
1$0$9,415$0
RASHMI AURORA MD MHSPRESIDENT
Trustee or director, Officer
1$0$0$0
SUSMITA CHOWDHURI MD MSDIRECTOR
Trustee or director
1$0$0$0
JOYCE K LEE-IANNOTTIDIRECTOR
Trustee or director
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
NANCY S REDEKER PHD RNDIRECTOR (OUTGOING 2024)
Trustee or director
1$0
STEPHEN H SHELDON DODIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN VAN HOUTEXECUTIVE DIRECTOR
Officer
2$0$506,586$87,212
ANDREW SUMMERSDIRECTOR OF FINANCE
Officer
2$0$151,492$36,486
JAMES ROWLEY MDDIRECTOR (OUTGOING 2023)
Trustee or director
1$0$58,250$0
JENNIFER MARTIN PHDDIRECTOR (INCOMING 2023)
Trustee or director
1$0$44,500$0
ERIC OLSON MDDIRECTOR
Trustee or director
1$0$44,500$0
ANITA SHELGIKAR MD MHPESECRETARY/TREASURER
Trustee or director, Officer
1$0$32,250$0
LYNN MARIE TROTTI MD MSCDIRECTOR
Trustee or director
1$0$19,600$0
VISHESH KAPUR MD MPHDIRECTOR
Trustee or director
1$0$17,000$0
EMERSON WICKWIRE PHD FAASMDIRECTOR (INCOMING 2023)
Trustee or director
1$0$17,000$0
RASHMI AURORA MD MHSPRESIDENT
Trustee or director, Officer
1$0$8,900$0
SUSMITA CHOWDHURI MD MSDIRECTOR
Trustee or director
1$0$0$0
JOYCE K LEE-IANNOTTIDIRECTOR
Trustee or director
1$0$0$0
NANCY S REDEKER PHD RNDIRECTOR
Trustee or director
1$0$0$0
STEPHEN H SHELDON DODIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2510 N FRONTAGE RD, DARIEN, IL 60561-1511
In care of
% STEVEN VAN HOUT
Principal officer (990 for 2024)
STEVEN VAN HOUT, 2510 N FRONTAGE RD, DARIEN, IL 60561
Signed the 990
STEVEN VAN HOUT, EXECUTIVE DIRECTOR
Phone
(630) 737-9724
Return prepared by
JOHNSON LAMBERT LLP

Mission

TO PROMOTE DISCOVERIES THAT ADVANCE THE UNDERSTANDING OF SLEEP FOR HEALTHIER LIVES BY OFFERING RESEARCH, COMMUNITY AND TRAINING GRANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE AASM FOUNDATION INVESTS IN PEOPLE, RESEARCH, AND COMMUNITIES TO IMPROVE THE SLEEP HEALTH OF ALL PEOPLE.IN 2024, THE AASM FOUNDATION APPROVED FUNDING FOR CAREER DEVELOPMENT GRANTS, INCLUDING BRIDGE TO SUCCESS FOR EARLY CAREER INVESTIGATORS GRANTS (SUPPORTS RESEARCHERS WHO HAVE APPLIED FOR A FEDERAL CAREER DEVELOPMENT AWARD THAT WILL NOT BE FUNDED AND WHO PLAN TO SUBMIT A REVISED APPLICATION), BRIDGE TO SUCCESS FOR MID-CAREER/SENIOR INVESTIGATORS GRANTS (SUPPORTS RESEARCHERS WHO HAVE APPLIED FOR A FEDERAL INDEPENDENT INVESTIGATOR AWARD THAT WILL NOT BE FUNDED AND WHO PLAN TO SUBMIT A REVISED APPLICATION), FOCUSED PROJECTS GRANTS FOR JUNIOR INVESTIGATORS (SUPPORTS RESEARCH BY EARLY INVESTIGATORS) AND PHYSICIAN SCIENTIST AND ABSM JR FACULTY GRANTS (SUPPORTS THE GROWTH OF PHYSICIAN SCIENTISTS IN THE FIELD OF SLEEP AND CIRCADIAN RESEARCH). STRATEGIC RESEARCH GRANTS (SUPPORTS PROJECTS THAT FOSTER HEALTH SERVICES RESEARCH AND PATIENT-ORIENTED RESEARCH IN SLEEP MEDICINE, TO DEMONSTRATE IMPROVED PATIENTS' OUTCOMES AND DEMONSTRATE VALUE) WERE APPROVED, AS WELL AS COMMUNITY SLEEP HEALTH GRANTS (SUPPORTS PROJECTS ADDRESSING SLEEP HEALTH IN THE COMMUNITY). THE AASM FOUNDATION ALSO APPROVED A SLEEP CHAMPION AWARD (RECOGNIZES SUCCESSFUL COMMUNITY-BASED SLEEP HEALTH SERVICES AND EDUCATION PROVIDED BY NON-PROFIT ORGANIZATIONS). ADDITIONALLY, THE AASM FOUNDATION SUPPORTED THE EFFORTS OF OTHER ORGANIZATIONS BY CO-FUNDING SCHOLARSHIPS FOR MEDICAL STUDENTS INTERESTED IN SLEEP MEDICINE AND SMALL RESEARCH GRANTS FOR PILOT PROJECTS FOR EARLY CAREER RESEARCHERS.
    Expenses $4,445,222 · grants $4,367,615

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1920576
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,232,711
Income (IRS master file)
$7,229,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,275,379$4,605,239$18,232,711IRS
990December 2023$3,182,359$4,279,327$17,276,389XML
990December 2022$3,926,980$3,500,495$16,429,154IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1920576).

Questions about AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION

What is the EIN of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION?
The employer identification number (EIN) of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION is 41-1920576.
Is AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION?
The 990 for the year ended December 31, 2024 names STEVEN VAN HOUT.
Who are the officers and directors of AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does AMERICAN ACADEMY OF SLEEP MEDICINE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,275,379, expenses of $4,605,239 and total assets of $18,232,711 at year end.

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