American Equilibration Society
- Assets
- $51.1k
- Revenue
- $516.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Morton Grove, IL
- Founding
- 12/1971
- Data as of
- 04/2023
- EIN
- 23-7131699
Organization Overview
American Equilibration Society is located in Morton Grove, IL. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Equilibration Society 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 04/2023, American Equilibration Society generated $516.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $515.3k during the year ending 04/2023. While expenses have increased by 1.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AES IS THE LEADING ORGANIZATION OF DENTAL PROFESSIONALS ADVANCING THE SCIENCE AND CLINICAL APPLICATION OF KNOWLEDGE IN OCCLUSION, TMD AND COMPREHENSIVE ORAL CARE FOR THE WELL-BEING OF THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO STIMULATE STUDIES AND PROMOTE A BETTER UNDERSTANDING OF THE ETIOLOGY, DIAGNOSIS, AND TREATMENT OF OCCLUSAL AND TEMPOROMANDIBULAR JOINT DISEASE AND COMPREHENSIVE ORAL CARE. THE AES CONDUCTED A SCIENTIFIC MEETING THAT PROVIDED 12.5 CONTINUING DENTAL EDUCATION CREDITS TO 294 ATTENDEES. THE AES PROVIDED ONLINE CASE STUDIES FOR EDUCATIONAL PURPOSES. AES PROVIDED ONLINE PODCASTS FOR EDUCATIONAL PURPOSES AND AN ADDITIONAL 8 HOURS OF CONTINUING DENTAL EDUCATION TO 20 ATTENDEES.
AES PROVIDES GRANTS TO SUPPORT RESEARCH IN THE AREAS OF OCCLUSION AND TEMPOROMANDIBULAR DISORDERS AND THE DISPLAY OF RESEARCH RESULTS IN POSTER FORMATS AT THE ANNUAL SCIENTIFIC MEETING. THE SCIENTIFIC INVESTIGATION COMMITTEE PROVIDES A YEARLY SUMMARY OF ALL ARTICLES RELATED TO OCCLUSION, TMD, AND COMPREHENSIVE CARE. THIS INVOLVES REVIEWING IN EXCESS OF 1500 SCIENTIFIC ARTICLES PER YEAR.
AES MAINTAINED A MEMBER WEBSITE COMPLETE WITH A CURRENT NEWSLETTER, PROVIDER DIRECTORY FOR PATIENTS AND PROFESSIONALS, ACCESS TO AN ONLINE CONTINUING EDUCATION, MEMBER FORUM, SCIENTIFIC LITERATURE REVIEW, AND LIBRARY OF OTHER EDUCATIONAL MATERIALS WHICH IS SUPPORTED BY MEMBER DUES. THE AES PROVIDES ADVANCE CREDENTIALING TO MEMBERS WHO DEMONSTRATE A SUPERIOR KNOWLEDGE OF OCCLUSION AND TMD VIA VERIFIED CONTINUING EDUCATION. THE AES CONTRACTED FOR A VENDOR TO STAFF AN OFFICE AND RESPOND TO MEMBER NEEDS AND INQUIRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Morris President | OfficerTrustee | 1 | $0 |
Jason Luchtefeld President-Elect | OfficerTrustee | 1 | $0 |
Robert Supple Vice President | OfficerTrustee | 1 | $0 |
Michelle Lee Secretary | OfficerTrustee | 1 | $0 |
Kevin Kwiecien Treasurer | OfficerTrustee | 1 | $0 |
Andrea Taylor Immediate Past President | OfficerTrustee | 1 | $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 | $15,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,287 |
| Total Program Service Revenue | $500,755 |
| Investment income | $2 |
| 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 | $516,044 |
| 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 | $97,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,893 |
| Advertising and promotion | $2,000 |
| Office expenses | $7,658 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,071 |
| Travel | $6,174 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $301,290 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,146 |
| All other expenses | $4,475 |
| Total functional expenses | $515,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,157 |
| Savings and temporary cash investments | $12,949 |
| 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 | $0 |
| 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 | $51,106 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $39,647 |
| Net assets with donor restrictions | $11,459 |
| 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 | $51,106 |