Academy Of Medical-Surgical Nurses Inc
- Assets
- $9.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1992
- Data as of
- 12/2023
- EIN
- 22-3141758
Organization Overview
Academy Of Medical-Surgical Nurses Inc is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Medical-Surgical Nurses Inc 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 12/2023, Academy Of Medical-Surgical Nurses Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. 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
DYNAMIC COMMUNITY OF MEDICAL-SURGICAL NURSES THAT ARE COMMITTED TO QUALITY PATIENT CARE THROUGH PROFESSIONAL DEVELOPMENT, CERTIFICATION, SCHOLARSHIP, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - PROVIDES OFFICIAL JOURNALS AND OFFICAL NEWSLETTERS FOR THE EDUCATIONAL BENEFIT OF THE MEMBERS.
ANNUAL CONVENTION AND OTHER EDUCATIONAL RESOURCES PROVIDE DIVERSE PROGRAMS TO UPDATE THE KNOWLEDGE AND SKILLS OF MEDICAL-SURGICAL NURSES.
PROFESSIONAL PRACTICE - PROVIDES PROFESSIONAL RELATIONS, PROFESSIONAL DEVELOPMENT, AWARDS, AND OTHER PROGRAMS FOR THE BENEFITS OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisa Streelman President | OfficerTrustee | 7 | $0 |
Cynthia Rothenberger Treasurer | OfficerTrustee | 5 | $0 |
Kristi Reguin-Hartman President-Elect | OfficerTrustee | 7 | $0 |
Patricia Bartzak Secretary | OfficerTrustee | 5 | $0 |
Cynthia Frazer Director | Trustee | 5 | $0 |
Marie Mullins Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smithbucklin Various Management Related Service | 12/30/23 | $1,555,617 |
Anthony J Jannetti Inc Various Management Related Service | 12/30/23 | $1,065,724 |
Venable Llp Legal Services | 12/30/23 | $141,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $844,496 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,057,927 |
| Total Program Service Revenue | $965,936 |
| Investment income | $428,094 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$527,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,924,238 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $178,907 |
| Fees for services: Legal | $27,531 |
| Fees for services: Accounting | $112,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,194 |
| Advertising and promotion | $0 |
| Office expenses | $25,406 |
| Information technology | $240,563 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $613,082 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,362 |
| All other expenses | $877,117 |
| Total functional expenses | $4,024,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,305 |
| Savings and temporary cash investments | $11,753 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,239 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $112,200 |
| Inventories for sale or use | $106,845 |
| Prepaid expenses and deferred charges | $184,338 |
| Net Land, buildings, and equipment | $562,593 |
| Investments—publicly traded securities | $8,628,214 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,874 |
| Total assets | $9,783,361 |
| Accounts payable and accrued expenses | $159,703 |
| Grants payable | $0 |
| Deferred revenue | $512,541 |
| 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 | $0 |
| Total liabilities | $672,244 |
| Net assets without donor restrictions | $8,885,807 |
| Net assets with donor restrictions | $225,310 |
| 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 | $9,783,361 |