American Society For Artificial Internal Organs Inc

Organization Overview

American Society For Artificial Internal Organs Inc is located in Beverly, MA. The organization was established in 1983. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., 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. American Society For Artificial Internal Organs Inc 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 12/2020, American Society For Artificial Internal Organs Inc generated $275.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $410.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ASAIO'S MISSION IS TO PROVIDE A FORUM THAT GLOBALLY AND COLLABORATIVELY PROMOTES THE DEVELOPMENT OF INNOVATIVE MEDICAL DEVICE TECHNOLOGY AT THE CROSSROADS OF SCIENCE, ENGINEERING, AND MEDICINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL MEETING AND CONVENTION IS A UNIQUELY OPEN AND VIBRANT FORUM FOR THE PRESENTATION OF MEDICAL RESEARCH EQUIPMENT AND ADVANCES IN THE FIELD OF ARTIFICIAL INTERNAL ORGANS TO EDUCATE THE MEDICAL AND SCIENCE COMMUNITY.


ASAIO JOURNAL IS IN THE FOREFRONT OF ARTIFICIAL ORGAN RESEARCH AND DEVELOPMENT. ON THE CUTTING EDGE OF INNOVATIVE TECHNOLOGY, IT FEATURES PEER-REVIEWED ARTICLES OF THE HIGHEST QUALITY THAT DESCRIBE RESEARCH, DEVELOPMENT, THE MOST RECENT ADVANCES IN THE DESIGN OF ARTIFICIAL ORGAN DEVICES AND FINDINGS FROM INITIAL TESTING.


COMMITTEES - THE SOCIETY APPOINTS COMMITTEES TO ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE SOCIETY.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Slaughter MD
Asaio Journa
$30,000
Joseph Zwischenberger MD
President/pr
$0
Egemen Tuzun MD PHD
President-El
$0
Claudius Mahr DO Facc Fesc
Deputy Progr
$0
Pramod Bonde MD
Secretary/tr
$0
Dongfang Wang MD PHD
Program Chai
$0

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$12,400
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,400
Total Program Service Revenue$276,861
Investment income $28,208
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$41,818
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $275,901

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