American Orthopaedic Association
- Assets
- $16.9m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Rosemont, IL
- Founding
- 11/1937
- Data as of
- 12/2023
- EIN
- 13-6118458
Organization Overview
American Orthopaedic Association is located in Rosemont, IL. The organization was established in 1937. As of 12/2023, American Orthopaedic Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Orthopaedic Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Orthopaedic Association generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.6m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGING THE ORTHOPAEDIC COMMUNITY TO DEVELOP LEADERS, STRATEGIES, AND RESOURCES TO GUIDE THE FUTURE OF MUSCULOSKELETAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING - MEMBERS ATTEND VARIOUS SCIENTIFIC PRESENTATIONS AND DISCUSSIONS OF CURRENT ISSUES. ADDITIONALLY, INDUSTRY GRANTS OF $50,000 AND INDIVIDUAL CONTRIBUTIONS OF $3,500 WERE RECEIVED TO SUPPORT ORTHOPAEDIC CRITICAL ISSUES ADDRESSED AT THIS PROGRAM.
OWN THE BONE IS A WEB-BASED QUALITY IMPROVEMENT PROGRAM DESIGNED TO IMPROVE THE DIAGNOSIS AND MANAGEMENT OF PATIENTS' BONE HEALTH AFTER SUFFERING FRAGILITY FRACTURES. ADDITIONALLY, INDUSTRY GRANTS OF $136,871 AND INDIVIDUAL CONTRIBUTIONS OF $21,050 WERE RECEIVED TO SUPPORT THIS PROGRAM.
THE AOA OFFERS LEADERSHIP DEVELOPMENT OFFERINGS TO ORTHOPAEDIC SURGEONS INCLUDING APEX, AN EXTENDED, MULTI-MONTH LEADERSHIP DEVELOPMENT PROGRAM PROVIDED IN COLLABORATION WITH USC BUSINESS SCHOOL THROUGH VIRTUAL AND IN-PERSON PROGRAMMING. ADDITIONALLY, INDIVIDUAL CONTRIBUTIONS OF $54,033 WERE RECEIVED TO SUPPORT THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann E Van Heest MD Faoa President | OfficerTrustee | 2 | $0 |
Alexander Ghanayem MD Faoa First President-Elect | OfficerTrustee | 2 | $0 |
Kyle J Jeray MD Faoa Second President-Elect | OfficerTrustee | 2 | $0 |
Rex C Haydon MD PHD Faoa Secretary | OfficerTrustee | 2 | $0 |
Keith Kenter MD Faoa Secretary-Elect | Trustee | 2 | $0 |
April Armstrong MD Faoa Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,210,426 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,418,794 |
| Noncash contributions included in lines 1a–1f | $4,014 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,629,220 |
| Total Program Service Revenue | $1,687,008 |
| Investment income | $369,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$328,706 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,357,489 |
| 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. | $459,360 |
| Compensation of current officers, directors, key employees. | $74,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,490,568 |
| Pension plan accruals and contributions | $74,886 |
| Other employee benefits | $199,162 |
| Payroll taxes | $132,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,653 |
| Fees for services: Accounting | $26,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,311 |
| Fees for services: Other | $346,960 |
| Advertising and promotion | $72,826 |
| Office expenses | $126,790 |
| Information technology | $312,901 |
| Royalties | $0 |
| Occupancy | $162,839 |
| Travel | $133,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $539,102 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,442 |
| Insurance | $48,400 |
| All other expenses | $0 |
| Total functional expenses | $4,624,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $568,446 |
| Accounts receivable, net | $285,390 |
| 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 | $137,695 |
| Net Land, buildings, and equipment | $560,396 |
| Investments—publicly traded securities | $13,768,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $218,086 |
| Other assets | $836,591 |
| Total assets | $16,935,289 |
| Accounts payable and accrued expenses | $391,395 |
| Grants payable | $0 |
| Deferred revenue | $109,580 |
| 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 | $705,907 |
| Total liabilities | $1,206,882 |
| Net assets without donor restrictions | $6,223,181 |
| Net assets with donor restrictions | $9,505,226 |
| 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 | $16,935,289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Orthopaedic Society For Sports Medicine Rosemont, IL | $21,900,137 | $9,235,602 |
American Orthopaedic Association Rosemont, IL | $16,935,289 | $4,357,489 |
Association Of Bone & Joint Surgeons Schaumburg, IL | $37,269,330 | $4,409,182 |
American Sports Medicine Institute Inc St Louis, MO | $263,182 | $3,485,270 |
American Osteopathic Academy Of Orthopedics Richmond, VA | $5,509,476 | $2,851,906 |