Society Of University Otolarnyngologists
- Assets
- $365.0k
- Revenue
- $36.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1972
- Data as of
- 12/2021
- EIN
- 23-7120206
Organization Overview
Society Of University Otolarnyngologists is located in Chicago, IL. The organization was established in 1972. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of University Otolarnyngologists is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Society Of University Otolarnyngologists generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $193.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXCHANGE OF INFORMATION & IDEAS RELATED TO THE PRACTICE OF MEDICINE IN AN ACADEMIC SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTED ANNUAL MEETING IN CHICAGO, IL, ENTITLED PARADIGM SHIFTS, UNIFIED AS OTOLARYNGOLOGISTS. THE ANNUAL MEETING PROVIDES AN OPPORTUNITY TO SHARE, EXCHANGE AND DISCUSS INFORMATION RELATED TO OTOLARYNGOLOGY EDUCATION AND PROVIDES OPPORTUNITIES FOR OTOLARYNGOLOGY EDUCATORS TO PEER NETWORK AND ALLOWS FOR INVOLVEMENT IN SHAPING THE SPECIALTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Nussenbaum MD Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Uttam Sinha MD President | OfficerTrustee | 0.5 | $0 |
Anand Devaiah MD Past President | Trustee | 0.5 | $0 |
Stacey Gray MD President Elect | Trustee | 0.5 | $0 |
Carrie Francis MD Council Member | Trustee | 0.5 | $0 |
Cherie-Ann Nathan MD Council Member | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,075 |
| Investment income | $0 |
| 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 | $36,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,285 |
| 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 | $81,502 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,500 |
| Advertising and promotion | $0 |
| Office expenses | $9,167 |
| Information technology | $0 |
| 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 | $57,667 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $52 |
| All other expenses | $10,518 |
| Total functional expenses | $193,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,613 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $7,413 |
| 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 | $365,026 |
| Accounts payable and accrued expenses | $15,185 |
| Grants payable | $0 |
| Deferred revenue | $749 |
| 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 | $15,934 |
| Net assets without donor restrictions | $349,092 |
| 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 | $365,026 |
Grants Awarded
Over the last fiscal year, Society Of University Otolarnyngologists has awarded $24,858 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS MEDICAL BRANCH OFFICE OF SPONSORED PROGRAMS DEPT #750 PURPOSE: Educational Grant | $10,000 |
Oxford, MS PURPOSE: Educational Grant | $7,500 |
La Jolla, CA PURPOSE: Educational Grant | $7,358 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Consortium For Graduate Study In Management Chesterfield, MO | $9,583,885 | $57,272,361 |
Illinois Education Association Springfield, IL | $64,667,828 | $57,614,736 |
American Library Association Chicago, IL | $94,861,095 | $46,373,776 |
Independent Colleges Of Indiana Inc Indianapolis, IN | $93,815,740 | $20,196,793 |
Iowa State Education Assn Des Moines, IA | $17,572,600 | $14,015,697 |
Association Of Diabetes Care & Education Specialists Chicago, IL | $25,105,148 | $12,812,259 |
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |
National Council Of Teachers Of English Champaign, IL | $46,879,367 | $7,632,067 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |