2022 Financials

CHEST’s financial goals for 2022 were broad in scope, covering growth through membership, Annual Meeting attendance and sponsorship, new educational offerings, and more. The goal was set to achieve an operating margin of $1.2 million by December 2022. CHEST achieved that goal and is on an upward trajectory and, like many others, continues to recover from the financial impact of the global pandemic.

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Revenue Sources

Spending

2022 Overview

Revenue sources

CHEST focuses on innovation in education to bolster its revenue. Through the Annual Meeting, new simulation courses, and partnerships with key industry partners, the work that supports the organization also serves to improve patient care. CHEST also relies on the annual dues of its 20,000+ global members.

$36,226,000
TOTAL SOURCE OF FUNDS

Spending

CHEST is judicious about where funds are allocated ensuring that revenue contributes to the overall mission of championing the prevention, diagnosis, and treatment of chest diseases. Similar to past years, in 2022, the earned funds primarily went toward educational programming, facilitating communication, and funding community and research grants.

$35,020,400
TOTAL SPENDING

Growth and Impact

Exploring new initiatives, work within the advocacy space, the new additions to the journal CHEST^® portfolio, and DEIB goals

Leadership and Learning

Homing in on the crux of CHEST and the faculty members who support the educational efforts

Member Communication and Engagement

How the organization engages and interacts with its clinician members, including video content, newsletters, and social media presence

The Way We Work

A look into the culture of CHEST and the work of the Human Resources department

Financials

Full transparency on where the organization earned and spent income