Society Of Vascular And Interventional Neurology
- Assets
- $2.3m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2010
- Data as of
- 12/2022
- EIN
- 22-3941545
Organization Overview
Society Of Vascular And Interventional Neurology is located in Washington, DC. The organization was established in 2010. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Vascular And Interventional Neurology 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 12/2022, Society Of Vascular And Interventional Neurology generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 27.9% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE ADVANCEMENT OF INTERVENTIONAL NEUROLOGY AS A FIELD WITH THE ULTIMATE GOAL OF IMPROVING CLINICAL CARE AND OUTCOMES OF PATIENTS WITH STROKE AND CEREBROVASCULAR DISEASES.
Describe the Organization's Program Activity:
EVENTS - SVIN'S ANNUAL MEETING IS AN EDUCATIONAL AND NETWORKING EVENT FOR PHYSICIANS,INDUSTRY PARTNERS, AND MEMBERS OF THE STROKE CARE TEAM, WITH APPROXIMATELY 900 ANNUAL ATTENDEES.
EDUCATION: SVIN EDUCATION INITIATIVES PROVIDE VIRTUAL AND IN-PERSON TRAINING FOR THE STROKE CARE TEAM INCLUDING EMS AND EMERGENCY DEPARTMENT PERSONNEL AND STROKE RECOGNITION TRAINING FOR THE GENERAL PUBLIC. ADDITIONALLY, EDUCATIONAL PROGRAMS PROVIDE VIRTUAL CONTINUING MEDICAL EDUCATION ("CME") FOR VASCULAR AND INTERVENTIONAL NEUROLOGISTS. SVIN ALSO HOSTS "SVIN BREAK", A VIRTUAL MEETING FOR VASCULAR AND INTERVENTIONAL NEUROLOGY TRAINEES, AND INTERNATIONAL HANDS-ON TRAINING WORKSHOPS THROUGH THE MISSION THROMBECTOMY GLOBAL ACCESS FOR STROKE TREATMENT INITIATIVE.
PUBLICATIONS - "STROKE: VASCULAR AND INTERVENTIONAL NEUROLOGY JOURNAL" IS AN OPEN ACCESS PUBLICATION JOINTLY OWNED BY SVIN AND THE AMERICAN HEART ASSOCIATION ("AHA"), PUBLISHED BY WILEY. IN 2022, SVIN AND AHA RECONCILED REVENUE AND EXPENSES FROM THE PREVIOUS YEAR IN ACCORDANCE WITH A 50/50 PROFIT (LOSS) SHARE AGREEMENT. THE PUBLICATIONS PROGRAM IN THE SVIN FINANCIAL STATEMENTS INCLUDES ACTUAL REVENUE AND EXPENSES INCURRED BY SVIN AS WELL AS A PROFIT (LOSS) RECONCILIATION PAYMENT TO OR FROM SVIN, AS APPLICABLE. IN 2022, SVIN HOSTED A GALA FUNDRAISER AT THE ANNUAL MEETING WITH NET PROCEEDS EARMARKED TO OFFSET THE OPEN ACCESS PUBLICATION FEES FOR TRAINEE MEMBERS AND MEMBERS FROM LOW AND MIDDLE INCOME COUNTRIES.
RESEARCH: SVIN RESEARCH COMMITTEE OVERSEES A SERIES OF PILOT AWARDS THAT PROVIDE GRANT FUNDING TO MEMBERS CONDUCTING RESEARCH IN FURTHERANCE OF SVIN'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ameer Hassan DO President | OfficerTrustee | 2 | $0 |
Thanh Nguyen MD President-Elect | OfficerTrustee | 2 | $0 |
Amer Malki MD Secretary | OfficerTrustee | 2 | $0 |
Santiago Ortega Gutierrez MD Treasurer | OfficerTrustee | 2 | $0 |
David Liebeskind MD Immediate Past-President | OfficerTrustee | 2 | $0 |
Ossama Mansour MD PHD Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jennifer Potter Vig Contractor Services | 12/30/22 | $181,232 |
Smithbucklin Corporation Management Services | 12/30/22 | $513,535 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,552 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,800,580 |
| Noncash contributions included in lines 1a–1f | $24,674 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,811,132 |
| Total Program Service Revenue | $844,359 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,655,499 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $79,506 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,000 |
| 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 | $55,575 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $585,219 |
| Fees for services: Legal | $3,735 |
| Fees for services: Accounting | $10,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27,448 |
| Information technology | $17,644 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,377 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,402,694 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,926 |
| All other expenses | $616 |
| Total functional expenses | $2,355,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,071,410 |
| Savings and temporary cash investments | $864,372 |
| Pledges and grants receivable | $302,000 |
| Accounts receivable, net | $19,165 |
| 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 | $25,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,281,947 |
| Accounts payable and accrued expenses | $836,735 |
| Grants payable | $0 |
| Deferred revenue | $64,823 |
| 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 | $901,558 |
| Net assets without donor restrictions | $1,380,389 |
| 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 | $2,281,947 |
Grants Awarded
Over the last fiscal year, Society Of Vascular And Interventional Neurology has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK PURPOSE: PILOT RESEARCH GRANT | $10,000 |
REGENTS UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: PILOT RESEARCH GRANT | $10,000 |
STATE UNIVERSITY OF IOWA PURPOSE: PILOT RESEARCH GRANT | $10,000 |