The Society For Cariovascular Angiography And Interventions
- Assets
- $15.4m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 36
- Location
- Washington, DC
- Founding
- 03/1979
- Data as of
- 12/2023
- EIN
- 34-1266824
Organization Overview
The Society For Cariovascular Angiography And Interventions is located in Washington, DC. The organization was established in 1979. 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 12/2023, Society For Cariovascular Angiography And Interventions employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Cariovascular Angiography And Interventions 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 12/2023, Society For Cariovascular Angiography And Interventions generated $12.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $11.7m during the year ending 12/2023. While expenses have increased by 9.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO LEAD THE GLOBAL INTERVENTIONAL CARDIOVASCULAR COMMUNITY THROUGH EDUCATION, ADVOCACY, RESEARCH AND QUALITY PATIENT CARE.
Describe the Organization's Program Activity:
AS THE ONLY INTERVENTIONAL CARDIOLOGY SOCIETY IN THE US, SCAI IS DEDICATED TO EQUIPPING YOU WITH TOOLS AND RESOURCES TO SUCCEED AND DELIVER TOP-NOTCH CARE TO IMPROVE THE PATIENT EXPERIENCE.
SCAI SHOCK:SCAI SHOCK MEETING IS A STEP-BY-STEP GUIDE TO BUILDING A CONTEMPORARY CARDIOGENIC SHOCK PROGRAM LED BY A MULTI-DISCIPLINARY TEAM OF SEASONED LEADERS, EACH WITH A WEALTH OF EXPERIENCE RUNNING AND PARTICIPATING IN CARDIOGENIC SHOCK PROGRAMS.JOURNAL:THE JOURNAL OF THE SOCIETY FOR CARDIOVASCULAR ANGIOGRAPHY AND INTERVENTIONS (JSCAI) FOCUSES ON SCAI'S LATEST CLINICAL CONSENSUS AND GUIDELINE DOCUMENTS, ACADEMIC RESEARCH, EDITORIALS, STUDY DESIGNS, REVIEWS, META-ANALYSES, HEMODYNAMIC PEARLS, IMAGING AND CASE REPORTS, INTERVENTIONAL TECHNIQUES AND INNOVATION AND RESEARCH LETTERS.ECRGS:THE EARLY CAREER RESEARCH GRANTS WILL BE OFFERED BY SCAI AS A MEMBER SERVICE TO FOSTER AND STIMULATE NEW RESEARCH IDEAS IN ANY AREA OF INVESTIGATION RELATED TO INTERVENTIONAL CARDIOLOGY. THE PROGRAM TARGETS JUNIOR-LEVEL INVESTIGATORS (I.E., WITHIN TEN YEARS OF COMPLETING INTERVENTIONAL CARDIOLOGY FELLOWSHIP) BY FUNDING PROPOSALS THAT DEMONSTRATE A HIGH LIKELIHOOD OF RESULTING IN NEW AND INNOVATIVE APPROACHES IN ANY AREA OF INTERVENTIONAL RESEARCH.WEBINARS:SCAI'S ONLINE LEARNING CENTER ENABLES YOU TO LEARN WHAT, WHEN, AND WHERE YOU WANT. SCAI OFFERS COURSE CONTENT FOR EACH OF THE INTERVENTIONAL CARDIOLOGY SUBSPECIALTIES, PROFESSIONAL DEVELOPMENT, AND QUALITY IMPROVEMENT.EBOOKS:SCAI'S EBOOK COLLECTION COMPRISES PEER-REVIEWED CLINICAL INFORMATION TAILORED FOR CARDIOVASCULAR TEAMS COMMITTED TO OPTIMIZING PATIENT CARE. OUR EBOOKS PROVIDE ACCESS TO CUTTING-EDGE, PRACTICAL KNOWLEDGE ON PERFORMING AND UTILIZING DEVICES FOR SPECIFIC PROCEDURES. THEY FEATURE CASE EXAMPLES, ILLUSTRATIONS, AND INSTRUCTIONAL TECHNIQUE VIDEOS TO ENHANCE UNDERSTANDING AND SKILL DEVELOPMENT.
THE SCIENTIFIC SESSIONS MEETING IS AN EXTRAORDINARY GATHERING OF CARDIOVASCULAR EXPERTS THAT COME TOGETHER TO SHARE BEST PRACTICES AND CLINICAL TECHNIQUES, LEARN ABOUT THE LATEST INDUSTRY TRENDS AND NETWORK WITH THEIR PEERS. THE EVENT IS UNIQUE TO ANY OTHER BECAUSE OF ITS COMPREHENSIVE AND UNBIASED PROGRAMMING. A DISTINGUISHED FACULTY CONDUCTS A THREE-DAY PROGRAM THAT INCLUDES LIVE CASES, FEATURED SPEAKERS, CASE REVIEWS, LECTURES, INTERACTIVE DISCUSSIONS, ABSTRACT PRESENTATIONS, POSTER SESSIONS AND MORE.
SCAI'S FELLOWS COURSES TEACH FUTURE GENERATIONS OF INTERVENTIONAL CARDIOLOGISTS THE KNOWLEDGE AND SKILLS THEY NEED FOR POST-FELLOWSHIP PRACTICE. THE COURSE WILL PROVIDE AN ENGAGING, INFORMAL, AND RELAXING ENVIRONMENT IN WHICH CARDIOLOGY FELLOWS IN TRAINING CAN INTERACT WITH INTERNATIONAL RECOGNIZED FACULTY. ATTENDEES OF THE COURSE WILL GAIN AN IN-DEPTH KNOWLEDGE OF INDICATIONS, TECHNIQUES AND EXPECTED OUTCOMES FOR INTERVENTIONAL CARDIAC, CAROTID, AND ENDOVASCULAR PROCEDURES. THE PROGRAM REPRESENTS AA VARIETY OF CLINICAL CASE-BASED CONTENT AS WELL AS MATERIAL OF IMMEDIATE VALUE TO ATTENDEES AS THEY PLAN THEIR POST-FELLOWSHIP PRACTICES. SCAI FELLOWS COURSES GIVES THE OPPORTUNITY TO LEARN FROM THE VERY BEST CLINICAL FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunil V Rao MD Fscai Past President | OfficerTrustee | 0.3 | $0 |
Timothy Henry Past President - Until 05/23 | OfficerTrustee | 1 | $0 |
George Dangas MD Mscai President | OfficerTrustee | 0.3 | $0 |
James Hermiller MD Mscai President Elect | OfficerTrustee | 0.3 | $0 |
Arnold Seto MD Mpa Fscai Treasurer | OfficerTrustee | 0.3 | $0 |
Srihari S Naidu MD Fscai Vice President | OfficerTrustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hyatt Regency Miami Hotel For Meetings/convention | 12/30/23 | $300,000 |
The Standard Benefits For Retirement | 12/30/23 | $217,969 |
Marriott Business Services Hotel For Scai Shock | 12/30/23 | $126,412 |
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 | $4,512,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,512,364 |
| Total Program Service Revenue | $7,626,752 |
| Investment income | $180,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $149,930 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,022 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,082 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,610,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $95,757 |
| 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. | $1,949,232 |
| Compensation of current officers, directors, key employees. | $381,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,221,904 |
| Pension plan accruals and contributions | $181,077 |
| Other employee benefits | $361,366 |
| Payroll taxes | $296,611 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,068 |
| Fees for services: Accounting | $55,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,130 |
| Fees for services: Other | $863,526 |
| Advertising and promotion | $43,526 |
| Office expenses | $216,975 |
| Information technology | $841,590 |
| Royalties | $0 |
| Occupancy | $232,981 |
| Travel | $1,057,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,733,402 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $185,911 |
| Insurance | $85,541 |
| All other expenses | $54,104 |
| Total functional expenses | $11,724,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,042,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,405,623 |
| 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 | $409,812 |
| Net Land, buildings, and equipment | $508,791 |
| Investments—publicly traded securities | $9,937,095 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,050,440 |
| Total assets | $15,354,615 |
| Accounts payable and accrued expenses | $1,366,061 |
| Grants payable | $0 |
| Deferred revenue | $1,546,014 |
| 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 | $2,368,718 |
| Total liabilities | $5,280,793 |
| Net assets without donor restrictions | $8,678,355 |
| Net assets with donor restrictions | $1,395,467 |
| 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 | $15,354,615 |
Grants Awarded
Over the last fiscal year, The Society For Cariovascular Angiography And Interventions has awarded $95,757 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VANDERVILT UNIVERSITY MEDICAL CENTER PURPOSE: EARLY CAREER RESEARCH GRANT | $37,500 |
ST LUKE'S HOSPITAL OF KANSAS CITY PURPOSE: EARLY CAREER RESEARCH GRANT | $8,257 |
BETH ISRAEL DECONESS MEDICAL CENTER PURPOSE: EARLY CAREER RESEARCH GRANT | $37,500 |
UNIVERSITY OF COLORADO AT DENVER PURPOSE: EARLY CAREER RESEARCH GRANT | $12,500 |