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Nonprofit · EIN 45-1495723

AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC

Tax-exempt · MILWAUKEE, WI 53202

Financials

$1.7M$948K2023$3.1M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$3,119,040$1,632,696$1,486,344$23,802,413$1,957,081$21,845,332
December 31, 2023990$1,718,264$948,397$769,867$21,903,757$1,599,465$20,304,292
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$477,064
Program service revenue
$435,000
Investment income
$2,052,412
Net gain from sales of assets
$1,059,843
Net income from fundraising events
$154,564
Other revenue
$154,564

Expenses

Grants and similar amounts paid
$1,400,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$470
Accounting fees
$25
Travel
$693
Program services (functional)
$1,562,367
Management and general (functional)
$70,329

Balance sheet and other

Total assets, start of year
$21,903,757
Total assets, end of year
$23,802,413
Total liabilities, end of year
$1,957,081
Net assets, end of year
$21,845,332
Publicly traded securities
$23,347,558
Net assets without donor restrictions
$21,845,332
Gross receipts
$6,531,173
Employees
0
Volunteers
13
Year formed
2011
State of legal domicile
WI

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 orgs
PAUL V WILLIAMS MDPRESIDENT
Trustee or director, Officer
2$0$91,667
JONATHAN A BERNSTEIN MDIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
2$0$18,333
CARLA M DAVIS MDSECRETARY-TREASURER
Trustee or director, Officer
2$0$6,000
WANDA PHIPATANAKUL MDDIRECTOR
Trustee or director
2$0$3,825
MARCUS SHAKER MDDIRECTOR
Trustee or director
2$0$0
CEM AKIN MD PHDDIRECTOR
Trustee or director
2$0$0
PRIYA J BANSAL MDDIRECTOR
Trustee or director
2$0$0
DENISE A DIPRIMIO-KALMAN DODIRECTOR
Trustee or director
2$0$0
ANNA H NOWAK-WEGRZYN MD PHDDIRECTOR
Trustee or director
2$0$0
THANAI PONGDEE MDDIRECTOR
Trustee or director
2$0$0
FRANK VIRANT MDPRESIDENT-ELECT
Trustee or director, Officer
2$0$0
ANIL NANDA MDDIRECTOR
Trustee or director
2$0$0
REBECCA SCHERZER MDDIRECTOR
Trustee or director
2$0$0
JORDAN SCOTT ORANGE MDDIRECTOR
Trustee or director
2$0$0
THOMAS A FLEISHER MDEXECUTIVE VICE-PRESIDENT
Trustee or director, Officer
2$0$0
6 more people on this return
NameTitleHours / weekCompensation
ANJU T PETERS MDDIRECTOR
Trustee or director
2$0
LEONARD B BACHARIER MDDIRECTOR (TERM END 2/24)
Trustee or director
2$0
ALLISON RAMSEY MDDIRECTOR
Trustee or director
2$0
STUART L ABRAMSON MD PHDDIRECTOR (TERM END 2/24)
Trustee or director
2$0
TAMARA T PERRY MDDIRECTOR (TERM END 2/24)
Trustee or director
2$0
DAVID A KHAN MDIMMEDIATE PAST PRESIDENT (TERM END 2/24)
Trustee or director
2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgs
JONATHAN A BERNSTEIN MDPRESIDENT
Trustee or director, Officer
2$0$91,667
DAVID A KHAN MDIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
2$0$50,000
CARLA M DAVIS MDDIRECTOR (TERM END)
Trustee or director
2$0$6,000
WANDA PHIPATANAKUL MDDIRECTOR
Trustee or director
2$0$3,825
LEONARD B BACHARIER MDDIRECTOR
Trustee or director
2$0$3,500
ANIL NANDA MDDIRECTOR
Trustee or director
2$0$3,000
THOMAS A FLEISHER MDEXECUTIVE VICE-PRESIDENT
Trustee or director, Officer
2$0$2,000
PAUL V WILLIAMS MDPRESIDENT-ELECT
Trustee or director, Officer
2$0$0
MARCUS SHAKER MDDIRECTOR
Trustee or director
2$0$0
STUART L ABRAMSON MD PHDDIRECTOR
Trustee or director
2$0$0
CEM AKIN MD PHDDIRECTOR
Trustee or director
2$0$0
PRIYA J BANSAL MDDIRECTOR
Trustee or director
2$0$0
DENISE A DIPRIMIO-KALMAN DODIRECTOR
Trustee or director
2$0$0
ANNA H NOWAK-WEGRZYN MD PHDDIRECTOR
Trustee or director
2$0$0
TAMARA T PERRY MDDIRECTOR
Trustee or director
2$0$0
THANAI PONGDEE MDDIRECTOR
Trustee or director
2$0$0
SARBJIT SAINI MDDIRECTOR (TERM END)
Trustee or director
2$0$0
FRANK VIRANT MDSECRETARY-TREASURER
Trustee or director, Officer
2$0$0
REBECCA SCHERZER MDDIRECTOR
Trustee or director
2$0$0
GISELLE MOSNAIM MDIMMEDIATE PAST PRESIDENT (TERM END)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
555 E WELLS ST STE 1100, MILWAUKEE, WI 53202-3800
In care of
% EXECUTIVE DIRECTOR INC
Principal officer (990 for 2024)
FRANK S VIRANT MD, 555 EAST WELLS 1100, MILWAUKEE, WI 53202
Signed the 990
LEONARD B BACHARIER, SECRETARY-TREASURER
Phone
(414) 272-6071
Return prepared by
REILLY PENNER & BENTON LLP

Mission

SEE SCHEDULE O.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION FUNDS FOUR FACULTY DEVELOPMENT AWARDS ANNUALLY. THESE RESEARCH AWARDS SUPPORT THE RESEARCH EFFORTS OF JUNIOR FACULTY MEMBERS IN THE FIELD OF ALLERGY/IMMUNOLOGY TO LEAD TO THE PREVENTION AND CURE OF ASTHMA AND ALLERGIC AND IMMUNOLOGIC DISEASE.
    Expenses $1,562,367 · grants $1,400,000 · revenue $435,000

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
45-1495723
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$23,802,413
Income (IRS master file)
$6,531,173

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,119,040$1,632,696$23,802,413XML
990December 2023$1,718,264$948,397$21,903,757XML
990December 2022$1,862,345$1,141,527$19,357,004IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 45-1495723).

Questions about AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC

What is the EIN of AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC?
The employer identification number (EIN) of AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC is 45-1495723.
Is AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC 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 ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC 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 ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC 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 ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names FRANK S VIRANT MD.
Who are the officers and directors of AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,119,040, expenses of $1,632,696 and total assets of $23,802,413 at year end.

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