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Nonprofit · EIN 57-1230153

PHYSICIANS ADVOCACY INSTITUTE INC

Tax-exempt · AUSTIN, TX 78701

Financials

$1.3M$1.8M2023$2.8M$1.8M2024$17K$1.8M2025
Revenue Expenses · by fiscal year end
Financials of PHYSICIANS ADVOCACY INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$16,535$1,751,869-$1,735,334$6,538,080$36,479$6,501,601
December 31, 2024990$2,840,363$1,831,172$1,009,191$7,828,751$48,790$7,779,961
December 31, 2023990$1,335,676$1,791,464-$455,788$8,588,369$36,731$8,551,638
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$16,535
Net gain from sales of assets
-$319,555
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$508,890
Salaries, compensation and benefits (total)
$525,971
Professional fundraising fees
$0
Legal fees
$12,645
Accounting fees
$14,800
Travel
$59,584

Balance sheet and other

Total assets, start of year
$7,828,751
Total assets, end of year
$6,538,080
Total liabilities, end of year
$36,479
Net assets, end of year
$6,501,601
Net assets with donor restrictions
$6,501,601
Gross receipts
$4,116,660
Employees
1
Volunteers
0
Year formed
2006
State of legal domicile
TX

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KELLY KENNEYEXECUTIVE DIRECTOR
Officer
40$414,900$39,990
DUSTIN CORCORANPRESIDENT
Trustee or director, Officer
1$10,000$0
MICHAEL J DARROUZETVICE PRESIDENT
Trustee or director, Officer
1$10,000$0
RICHELE TAYLORSECRETARY
Trustee or director, Officer
1$8,000$0
RUSS MILLERDIRECTOR
Trustee or director
1$8,000$0
AMY REYNOLDSONDIRECTOR
Trustee or director
1$8,000$0
JEREMY BONFINIDIRECTOR
Trustee or director
1$8,000$0
HURSHELL E BAGGETT JRTREASURER
Trustee or director, Officer
1$2,000$0
CHARLES B SHANEDIRECTOR
Trustee or director
1$0$0
LAYNE GAKOSDIRECTOR
Trustee or director
1$0$0
THOMAS LEEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
KELLY KENNEYEXECUTIVE DIRECTOR
Officer
40$395,840$38,084
DUSTIN CORCORANPRESIDENT
Trustee or director, Officer
1$11,000$0
RICHELE TAYLORSECRETARY
Trustee or director, Officer
1$8,000$0
RUSS MILLERDIRECTOR
Trustee or director
1$8,000$0
AMY REYNOLDSONDIRECTOR
Trustee or director
1$8,000$0
JEREMY BONFINIDIRECTOR
Trustee or director
1$8,000$0
HURSHELL E BAGGETT JRTREASURER
Trustee or director, Officer
1$6,000$0
MICHAEL J DARROUZETVICE PRESIDENT
Trustee or director, Officer
1$5,000$0
CHARLES B SHANEDIRECTOR
Trustee or director
1$0$0
LAYNE GAKOSDIRECTOR
Trustee or director
1$0$0
TROY OESCHNERDIRECTOR
Trustee or director
1$0$0
THOMAS LEEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
KELLY KENNEYEXECUTIVE DIRECTOR
Officer
40$377,706$36,271
DUSTIN CORCORANPRESIDENT
Trustee or director, Officer
1$12,000$0
RICHELE TAYLORSECRETARY
Trustee or director, Officer
1$8,000$0
HURSHELL E BAGGETT JRTREASURER
Trustee or director, Officer
1$8,000$0
AMY REYNOLDSONDIRECTOR
Trustee or director
1$8,000$0
JEREMY BONFINIDIRECTOR
Trustee or director
1$8,000$0
RUSS MILLERDIRECTOR
Trustee or director
1$6,000$0
PHILIP SCHUHDIRECTOR
Trustee or director
1$4,500$0
CHARLES B SHANEDIRECTOR
Trustee or director
1$4,000$0
MICHAEL J DARROUZETVICE PRESIDENT
Trustee or director, Officer
1$0$0
LAYNE GAKOSDIRECTOR
Trustee or director
1$0$0
TROY OESCHNERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
401 W 15TH ST 10TH FLOOR, AUSTIN, TX 78701-1624
In care of
% DONALD P WILCOX
Principal officer (990 for 2025)
DUSTIN CORCORAN, 401 W 15TH ST 10TH FLOOR, AUSTIN, TX 78701
Signed the 990
KELLY KENNEY, CEO
Phone
(312) 543-7955
Return prepared by
AVENSON HAMANN CPAS LLP

Mission

PAI WAS CREATED TO MONITOR COMPLIANCE WITH THE FEDERALLY-MANDATED SETTLEMENTS REACHED WITH NATIONAL FOR-PROFIT HEALTH INSURERS AND TO DEVELOP PROJECTS AND TOOLS FOR THE FUTURE THAT GUARANTEE THE VIABILITY OF PHYSICIANS' MEDICAL PRACTICES AND THE ABILITY OF PHYSICIANS TO DELIVER QUALITY PATIENT CARE.

990 for the year ended December 31, 2025

Program accomplishments

  • PAI WAS CREATED TO MONITOR COMPLIANCE WITH THE FEDERALLY-MANDATED SETTLEMENTS REACHED WITH NATIONAL FOR-PROFIT HEALTH INSURERS AND TO DEVELOP PROJECTS AND TOOLS FOR THE FUTURE THAT GUARANTEE THE VIABILITY OF PHYSICIANS' MEDICAL PRACTICES AND THE ABILITY OF PHYSICIANS TO DELIVER QUALITY PATIENT CARE.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-1230153
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,538,080
Income (IRS master file)
$4,116,660

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$16,535$1,751,869$6,538,080XML
990December 2024$2,840,363$1,831,172$7,828,751IRS
990December 2023$1,335,676$1,791,464$8,588,369XML
990December 2022$1,094,731$1,720,130$9,122,082IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 57-1230153).

Questions about PHYSICIANS ADVOCACY INSTITUTE INC

What is the EIN of PHYSICIANS ADVOCACY INSTITUTE INC?
The employer identification number (EIN) of PHYSICIANS ADVOCACY INSTITUTE INC is 57-1230153.
Is PHYSICIANS ADVOCACY INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
Are donations to PHYSICIANS ADVOCACY INSTITUTE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PHYSICIANS ADVOCACY INSTITUTE 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 PHYSICIANS ADVOCACY INSTITUTE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHYSICIANS ADVOCACY INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PHYSICIANS ADVOCACY INSTITUTE INC?
The 990 for the year ended December 31, 2025 names DUSTIN CORCORAN.
Who are the officers and directors of PHYSICIANS ADVOCACY INSTITUTE INC?
The 990 for the year ended December 31, 2025 lists 11 people; 8 received compensation from the organization, the highest $414,900 (KELLY KENNEY, EXECUTIVE DIRECTOR).
How much revenue does PHYSICIANS ADVOCACY INSTITUTE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $16,535, expenses of $1,751,869 and total assets of $6,538,080 at year end.

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