Wound Ostomy Continence Nurses Society
- Assets
- $6.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Laurel, NJ
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 25-1251887
Organization Overview
Wound Ostomy Continence Nurses Society is located in Mount Laurel, NJ. The organization was established in 1977. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Wound Ostomy Continence Nurses 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 12/2021, Wound Ostomy Continence Nurses Society generated $4.1m 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 (3.6%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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
ADVANCING THE PRACTICE AND GUIDING THE DELIVERY OF EXPERT HEALTH CARE TO PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: THE ORGANIZATION'S ANNUAL CONFERENCE IS DESIGNED FOR NURSES AND HEALTHCARE PROFESSIONALS WHO ARE INTERESTED IN WOUND, OSTOMY AND CONTINENCE ISSUES. THE GOAL OF THE CONFERENCE IS TO UNITE AND EDUCATE PROFESSIONALS FROM ACROSS THE GLOBE ON THE MOST UP-TO-DATE PATIENT CARE TREATMENTS, EVIDENCE-BASED RESEARCH, AND TECHNIQUES AIMED TO ADVANCE THE PROFESSION.
CONTINUING EDUCATION AND PUBLICATIONS: THE ORGANIZATION OFFERS CONTINUING EDUCATION ONLINE AND THROUGH WORKSHOPS. THE ORGANIZATION ALSO PROVIDES RESEARCH PROJECTS AND HOLDS OTHER EVENTS DURING THE YEAR FOR NURSES AND HEALTHCARE PROFESSIONALS.THE ORGANIZATION'S PUBLICATIONS SERVE AS AN EDUCATIONAL TOOL FOR NURSES AND HEALTHCARE PROFESSIONALS WHO ARE INTERESTED IN WOUND, OSTOMY AND CONTINENCE ISSUES.
GRANTS AND SCHOLARSHIPS: THE ORGANIZATION ACTIVELY SUPPORTS WOUND, OSTOMY AND CONTINENCE RESEARCH AND EVIDENCED-BASED PRACTICE THROUGH SEVERAL INITIATIVES, SUCH AS ITS SCHOLARSHIP PROGRAM. THE ORGANIZATION AWARDS SCHOLARSHIPS TO DESERVING INDIVIDUALS COMMITTED TO WORKING WITHIN THE WOUND, OSTOMY AND CONTINENCE NURSING SPECIALTY. APPLICANTS AGREE TO SUPPORT THE ORGANIZATION'S PHILOSOPHY AND SCOPE OF PRACTICE. SCHOLARSHIP APPLICANTS MUST BE ACCEPTED INTO A WOCN SOCIETY ACCREDITED NURSING EDUCATION PROGRAM. SCHOLARSHIP APPLICATIONS ARE ACCEPTED TWICE YEARLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Yates Past President (june-Current) | OfficerTrustee | 4 | $0 |
Dea Kent President Elect (jan-June 2021) | OfficerTrustee | 5 | $0 |
Vicky Pontieri Lewis President Elect (june-Current) | OfficerTrustee | 5 | $0 |
Chris Berke Secretary | OfficerTrustee | 5 | $0 |
Derik Alexander Director (jan-June 2021) | Trustee | 3 | $0 |
Kevin Emmons Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Headquarters Inc Management Svcs | 12/30/21 | $1,994,180 |
Digitell Inc Professional Svcs | 12/30/21 | $219,701 |
Sagefrog Marketing Group Llc Marketing Svcs | 12/30/21 | $122,500 |
Orlando World Center Marriott Resort & C Convention Services | 12/30/21 | $125,000 |
The Ygs Group Fulfillment Svcs | 12/30/21 | $118,743 |
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 | $430,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,000 |
| Total Program Service Revenue | $3,275,861 |
| Investment income | $76,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $183,279 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$8,146 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,112,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| 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. | $25,000 |
| 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 | $1,913,128 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,663 |
| Fees for services: Other | $493,196 |
| Advertising and promotion | $262,363 |
| Office expenses | $89,577 |
| Information technology | $293,333 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $175,724 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $23,623 |
| All other expenses | $64,202 |
| Total functional expenses | $4,213,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $511,417 |
| Savings and temporary cash investments | $321,434 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134,588 |
| 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 | $200,749 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,239,746 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,846,372 |
| Total assets | $6,254,306 |
| Accounts payable and accrued expenses | $188,125 |
| Grants payable | $0 |
| Deferred revenue | $875,274 |
| 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 | $12,147 |
| Total liabilities | $1,075,546 |
| Net assets without donor restrictions | $5,178,760 |
| 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 | $6,254,306 |
Peer Organizations
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|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
James Annenberg La Vea Charitable Foundation Philadelphia, PA | $176,224,277 | $5,500,392 |
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |