American Society For Aesthetic Plastic Surgery Inc
- Assets
- $14.1m
- Revenue
- $11.0m
- Investments
- $6.2m
- Employees
- 41
- Location
- Garden Grove, CA
- Founding
- 11/1974
- Data as of
- 06/2022
- EIN
- 23-7267103
Organization Overview
American Society For Aesthetic Plastic Surgery Inc, operating under the name The Aesthetic Society, is located in Garden Grove, CA. The organization was established in 1974. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Aesthetic Society employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aesthetic 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 06/2022, Aesthetic Society generated $11.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $11.8m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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.
Since 2015, Aesthetic Society has awarded 27 individual grants totaling $295,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMULGATE AN INTERCHANGE OF IDEAS FOR THE ADVANCEMENT OF AESTHETIC PLASTIC SURGERY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETING AND SYMPOSIUMS TO EXCHANGE IDEAS AND KNOWLEDGE FOR THE ADVANCEMENT OF AESTHETIC PLASTIC SURGERY. CONSUMER EDUCATION CAMPAIGN HIGHLIGHTING PROCEDURAL INFORMATION AND HOW TO SELECT A PLASTIC SURGEON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamil Ahmad MD Member At Large | Trustee | 3 | $0 |
Trent Douglas MD Member At Large | Trustee | 3 | $0 |
Lorne K Rosenfield MD Member At Large | Trustee | 3 | $0 |
Douglas Steinbrech MD Member At Large | Trustee | 3 | $0 |
Marissa J Tenenbaum MD Member At Large | Trustee | 3 | $0 |
Steven Wallach MD Member At Large | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anzubridge Llc Research | 6/29/22 | $737,450 |
Laura Leatherberry Consultant | 6/29/22 | $139,258 |
Robert Aicher Esq Attorney | 6/29/22 | $163,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,582,160 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $420,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,002,660 |
| Total Program Service Revenue | $6,135,959 |
| Investment income | $75,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $734,033 |
| 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 | $18,437 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,009,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
| 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. | $360,866 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,528,784 |
| Pension plan accruals and contributions | $429,070 |
| Other employee benefits | $137,034 |
| Payroll taxes | $226,406 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $176,563 |
| Fees for services: Accounting | $52,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $167,841 |
| Office expenses | $263,030 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $305,918 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,295,385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,104,580 |
| Insurance | $67,164 |
| All other expenses | $22,816 |
| Total functional expenses | $11,800,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $504,724 |
| Savings and temporary cash investments | $1,240,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $325,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,357 |
| Prepaid expenses and deferred charges | $516,661 |
| Net Land, buildings, and equipment | $5,314,370 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,223,933 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,127,882 |
| Accounts payable and accrued expenses | $1,959,999 |
| Grants payable | $0 |
| Deferred revenue | $2,644,659 |
| 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 | $4,604,658 |
| Net assets without donor restrictions | $9,523,224 |
| 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 | $14,127,882 |
Grants Awarded
Over the last fiscal year, American Society For Aesthetic Plastic Surgery Inc has awarded $45,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA SOCIETY OF PLASTIC SURGEONS PURPOSE: CLERICAL SUPPORT OF ADVOCACY DEPARTMENT | $10,000 |
NEW JERSEY SOCIETY OF PLASTIC SURGEONS PURPOSE: CLERICAL SUPPORT OF ADVOCACY DEPARTMENT | $10,000 |
TEXAS SOCIETY OF PLASTIC SURGEONS PURPOSE: CLERICAL SUPPORT OF ADVOCACY DEPARTMENT | $10,000 |
CALIFORNIA SOCIETY OF PLASTIC SURGEONS PURPOSE: CLERICAL SUPPORT OF ADVOCACY DEPARTMENT | $15,000 |