American Society Of Hematology Inc
- Assets
- $269.9m
- Revenue
- $90.6m
- Investments
- $22.7m
- Employees
- 129
- Location
- Washington, DC
- Founding
- 03/1971
- Data as of
- 06/2020
- EIN
- 23-7080568
Organization Overview
American Society Of Hematology Inc is located in Washington, DC. The organization was established in 1971. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2021, American Society Of Hematology Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Hematology 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 06/2020, American Society Of Hematology Inc generated $90.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $75.2m during the year ending 06/2020. While expenses have increased by 5.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECTS AND MEMBER SERVICES: HELD TO BENEFIT OUR MEMBERS, OR THE HEMATOLOGY COMMUNITY AT-LARGE. EXAMPLES ARE: SMALL REGIONAL MEETINGS THAT HIGHLIGHT INFORMATION PRESENTED AT OUR ANNUAL MEETING, A DATABASE OF IMAGES THAT OUR MEMBERS CAN USE WHEN PRESENTING THEIR SCIENCE, AND OUR MONTHLY NEWSLETTERS. THE SOCIETY ALSO OFFERS A WIDE ARRAY OF EDUCATIONAL PRODUCTS AND SERVICES FOR CLINICIANS AND SCIENTISTS.
AWARDS: PROVIDED TO SUPPORT HEMATOLOGISTS IN ALL STAGES OF THEIR CAREERS AND TO HONOR THOSE WHO HAVE HELPED ADVANCE THE FIELD OF HEMATOLOGY.
ANNUAL MEETING: PROVIDED A FORUM FOR THE DISCUSSION OF CRITICAL ISSUES IN HEMATOLOGY VIA EDUCATIONAL AND SCIENTIFIC SESSIONS, PLENARY SYMPOSIA, AND ABSTRACT PRESENTATIONS. SUPPORTED TRAINEES AND THOSE FROM DEVELOPING COUNTRIES WHO HAVE SUBMITTED ABSTRACTS FOR PRESENTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Liggett Executive Director | Officer | 35 | $730,843 |
Matthew Gertzog Deputy Executive Director | Officer | 17 | $504,996 |
Robert Plovnick Chief Medical Quality Officer | 17 | $399,105 | |
William Reed Chief Event Strategy Officer | 35 | $390,047 | |
Nina Hoffman Chief Publications Officer | 35 | $389,353 | |
Karina Fernandez Chief Information Officer | 35 | $358,428 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman Ash Meetings Decorator | 6/29/21 | $3,469,227 |
Geekhive It Consulting | 6/29/21 | $2,766,917 |
Spargo Inc Annual Meeting Consultants | 6/29/21 | $3,443,973 |
Dartmouth Journal Services Journal Printing | 6/29/21 | $1,874,327 |
Pharmaceutical Media Inc Advertisement Consultant | 6/29/21 | $1,061,511 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,177,202 |
| Investment income | $3,050,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $148,100 |
| Net Rental Income | -$314,975 |
| Net Gain/Loss on Asset Sales | $1,205,359 |
| Net Income from Fundraising Events | $43,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,599,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $10,184,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,911,626 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,472,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,244,991 |
| Pension plan accruals and contributions | $1,297,769 |
| Other employee benefits | $1,894,198 |
| Payroll taxes | $839,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $516,126 |
| Fees for services: Accounting | $94,352 |
| Fees for services: Lobbying | $183,818 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $151,808 |
| Fees for services: Other | $6,952,278 |
| Advertising and promotion | $2,361,806 |
| Office expenses | $1,929,337 |
| Information technology | $3,024,898 |
| Royalties | $0 |
| Occupancy | -$118,554 |
| Travel | $1,713,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,752,585 |
| Interest | $1,394,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,624,509 |
| Insurance | $258,596 |
| All other expenses | $0 |
| Total functional expenses | $75,237,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,473,253 |
| Savings and temporary cash investments | $27,775,012 |
| Pledges and grants receivable | $1,290,455 |
| Accounts receivable, net | $5,455,117 |
| 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 | $3,152,299 |
| Investments—publicly traded securities | $132,900,578 |
| Investments—other securities | $22,658,107 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,791,170 |
| Total assets | $269,921,032 |
| Accounts payable and accrued expenses | $9,184,289 |
| Grants payable | $8,952,102 |
| Deferred revenue | $20,314,051 |
| Tax-exempt bond liabilities | $33,701,521 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $12,847,845 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $119,311 |
| Total liabilities | $85,119,119 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $184,801,913 |
Grants Awarded
Over the last fiscal year, American Society Of Hematology Inc has awarded $764,647 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: SUBRECIPIENT AWARD - PROGRAM SUPPORT | $431,333 |
Cincinnati, OH PURPOSE: SUBRECIPIENT AWARD - PROGRAM SUPPORT | $333,314 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that American Society Of Hematology Inc has recieved totaling $577,275.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: TO SUPPORT THE DEVELOPMENT OF A CLINICAL QUALITY MEASURE TO IMPROVE THE DIAGNOSIS OF PULMONARY EMBOLISM. | $506,000 |
American Society For Transplantation & Cellular Therapy Chicago, IL PURPOSE: CONTRIBUTION | $37,500 |
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: DISEASE/DISORDER/MEDICAL DISCIPLINES | $21,000 |
Nfg Foundation Columbus, OH PURPOSE: CHARITABLE | $10,000 |
Sylvia & Robert Scher Charitable Foundation New Rochelle, NY PURPOSE: UNRESTRICTED USE | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $525 |
Endowment Analysis
| Beg. Balance | $8,036,590 |
| Earnings | $1,729,768 |
| Admin Expense | $489,601 |
| Ending Balance | $9,276,757 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American College Of Cardiology Foundation Washington, DC | $266,058,322 | $100,503,099 |
American Society Of Hematology Inc Washington, DC | $269,921,032 | $90,599,012 |
The Society For Cariovascular Angiography And Interventions Washington, DC | $11,082,796 | $7,373,071 |
Pulmonary Hypertension Association Inc Washington, DC | $23,595,469 | $6,905,835 |
American Society Of Nuclear Cardiology Fairfax, VA | $8,246,675 | $3,510,626 |
International Board Of Heart Rhythm Examiners Inc Washington, DC | $3,183,840 | $1,471,325 |
Valve Manufacturers Association Of America Washington, DC | $1,264,435 | $1,239,567 |
Military Order Of The Purple Heart Of The Usa Springfield, VA | $3,829,714 | $743,495 |
National Forum For Heart Disease Washington, DC | $2,132,783 | $2,227,725 |
Stroke Comeback Center Vienna, VA | $795,388 | $922,030 |
Manufacturers Standardization Society Of The Valve & Fittings In Vienna, VA | $2,991,924 | $935,103 |
Heart Health Foundation Annapolis, MD | $159,644 | $60,608 |