2024 Financials

CHEST’s financial goals for 2024 were comprehensive, focusing on growth through increased membership, attendance at the Annual Meeting, sponsorships, new educational offerings, and more. Despite setting ambitious targets, CHEST achieved remarkable success in 2024, surpassing its financial objectives with a positive operating margin of $2 million. This success was largely due to the CHEST Annual Meeting in Boston, which recorded the highest attendance of any CHEST meeting to date.

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Revenue Sources

Spending

Revenue sources

CHEST prioritizes innovation in education as a key driver of revenue. By hosting the Annual Meeting, developing new simulation courses, and collaborating with industry leaders, the organization advances its mission while enhancing patient care. Additionally, CHEST sustains its operations through the annual dues of its more than 22,000 members worldwide.

$39,500,000
TOTAL SOURCE OF FUNDS

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Spending

CHEST carefully considers its fund allocation, ensuring that revenue supports its mission of promoting the prevention, diagnosis, and treatment of chest diseases. As in previous years, in 2024, the majority of earned funds were directed toward educational programming, facilitating communication, and funding community and research grants through CHEST philanthropy initiatives.

$37,500,000
TOTAL SPENDING

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