American Society Of Retina Specialists
- Assets
- $40.6m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2021
- EIN
- 11-3791806
Organization Overview
American Society Of Retina Specialists is located in Chicago, IL. As of 12/2021, American Society Of Retina Specialists employed 13 individuals. American Society Of Retina Specialists is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, American Society Of Retina Specialists generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COLLEGIAL OPEN FORUM FOR EDUCATION, TO ADVANCE THE UNDERSTANDING AND TREATMENT OF VITREORETINAL DISEASES, AND TO ENHANCE THE ABILITY OF ITS MEMBERS TO PROVIDE THE HIGHEST QUALITY OF PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY CONDUCTS SEMINARS AND PRODUCES A QUARTERLY PERIODICAL, THE RETINA TIMES, WITH THE GOAL OF ADVANCEMENT IN THE ART AND SCIENCE OF VITREOUS SURGERY.
THE SOCIETY ENGAGED CONSULTANTS TO EDUCATE ALL MEMBERS REGARDING ADVANCEMENTS AND CHANGES IN THE SCIENCE OF VITREOUS SURGERY.
THE SOCIETY CONDUCTED ITS ANNUAL MEETING CONVENTION OPEN TO ALL MEMBERS AND NON-MEMBER RETINA SPECIALISTS WITH THE GOAL OF ASSISTING ITS MEMBERS IN MAINTAINING AND ENHANCING COMPETENCE IN THE RETINA SPECIALITY FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill F Blim Ms Executive Vice President | Officer | 40 | $442,483 |
Stacy Kiff Vice President, Education | Officer | 40 | $221,750 |
Lydia Steck Vice President, Communications | Officer | 40 | $206,467 |
Sara L Conley Vice President, Public Outreach | 40 | $157,466 | |
Allison Madson Vice President, Health Policy | 40 | $146,849 | |
Monica E Horton Director Of Practice Management | 40 | $146,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jw Marriott San Antonio Country Resort A Convention Facilities | 12/30/21 | $634,313 |
Ovation Audiovisual Services | 12/30/21 | $345,267 |
Jacob K Javits Convention Center Convention Facilities | 12/30/21 | $280,934 |
Sl Civic Wacker Llc Office Facilities | 12/30/21 | $148,982 |
Sage Publications Inc Publication/printing | 12/30/21 | $139,098 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,607,019 |
| Investment income | $619,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $337,456 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,585,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $883,833 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $699,755 |
| Pension plan accruals and contributions | $14,930 |
| Other employee benefits | $133,672 |
| Payroll taxes | $98,528 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,682 |
| Fees for services: Accounting | $85,449 |
| Fees for services: Lobbying | $106,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,832 |
| Fees for services: Other | $231,906 |
| Advertising and promotion | $700 |
| Office expenses | $192,059 |
| Information technology | $51,625 |
| Royalties | $0 |
| Occupancy | $133,100 |
| Travel | $40,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,274,874 |
| Interest | $10,593 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,889 |
| Insurance | $13,819 |
| All other expenses | $150,631 |
| Total functional expenses | $4,637,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,838,518 |
| Savings and temporary cash investments | $2,007,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $229,633 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $727,784 |
| Net Land, buildings, and equipment | $19,985 |
| Investments—publicly traded securities | $31,529,339 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $210,668 |
| Total assets | $40,563,433 |
| Accounts payable and accrued expenses | $363,985 |
| Grants payable | $0 |
| Deferred revenue | $486,640 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,923,196 |
| Total liabilities | $4,773,821 |
| Net assets without donor restrictions | $35,789,612 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,563,433 |
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