Society For Vascular Medicine
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- East Dundee, IL
- Founding
- 02/1991
- Data as of
- 12/2022
- EIN
- 34-1623552
Organization Overview
Society For Vascular Medicine is located in East Dundee, IL. The organization was established in 1991. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Vascular Medicine 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 12/2022, Society For Vascular Medicine generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $983.2k during the year ending 12/2022. While expenses have increased by 7.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY'S MISSION IS TO MOBILIZE THE VASCULAR COMMUNITY THROUGH EDUCATION, RESEARCH AND STANDARDS TO IMPROVE PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS OF THE SOCIETY RECEIVE A SUBSCRIPTION TO THE JOURNAL, VASCULAR MEDICINE, AND ACCESS TO THE SOCIETY'S WEBSITE. THE JOURNAL FEATURES THE LATEST RESEARCH IN VASCULAR BIOLOGY INTEGRATED WITH THE PRACTICE OF VASCULAR MEDICINE AND VASCULAR SURGERY. THE JOURNAL IS PUBLISHED SIX TIMES PER YEAR.
THE SOCIETY PROVIDES BENEFITS TO MEMBERS TO INCLUDE ACCESS TO SCIENTIFIC PROGRAMS AND NETWORKING OPPORTUNITIES WITH EXPERTS IN THE FIELD. THE SOCIETY COLLABORATES WITH OUTSIDE ENTITIES ON THE CONTENT AND DELIVERY OF EDUCATIONAL MATERIALS. THE MATERIALS ARE AVAILABLE TO SOCIETY MEMBERS AND VASCULAR MEDICINE PROFESSIONALS AND MAY SERVE AS A STANDARD KNOWLEDGE BASE FOR THE EXTENDED MEDICAL COMMUNITY.
THE ANNUAL MEETING SPONSORS EDUCATION AND SCIENCE PROGRAMS. THE ANNUAL MEETING, WHICH INVOLVES PHYSICIANS, RESEARCHERS, MEDICAL STUDENTS, RESIDENTS, FELLOWS AND HEALTHCARE PROFESSIONALS, HELPS THE SOCIETY SUPPORT THE FIELD OF VASCULAR MEDICINE AND BIOLOGY AND MAINTAIN THE HIGHEST STANDARDS OF PRACTICE, RESEARCH, EDUCATION AND EXCHANGE OF SCIENTIFIC INFORMATION.
MATERIALS AND TEXTBOOKS ARE DESIGNED FOR PHYSICIANS WHO WANT TO PREPARE FOR THE CERTIFICATE EXAM AND THOSE WANTING A COMPREHENSIVE UPDATE IN VASCULAR MEDICINE AND ENDOVASCULAR INTERVENTIONS. THIS INCLUDES THE FELLOWS COURSE AND THE PAD TOOLKIT PROJECT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert Aronow MD MPH Fsvm President | OfficerTrustee | 4 | $0 |
Ido Weinberg MD Msc Mha Fsvm President El | OfficerTrustee | 2 | $0 |
Esther Soo Hyun Kim MD MPH Fsvm Treasurer | OfficerTrustee | 2 | $0 |
Elizabeth Ratchford MD Fsvm Secretary | OfficerTrustee | 2 | $0 |
Raghu Kolluri MD Rvt Fsvm Past Preside | OfficerTrustee | 1 | $0 |
Yogen Kanthi MD Fsvm Trustee-At-L | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kellen Company Management Services, Tech Access Fees& T | 12/30/19 | $229,612 |
The Ritz-carlton Tysons Corner Annual Conference | 12/30/19 | $174,100 |
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 | $118,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,306 |
| Total Program Service Revenue | $1,225,430 |
| Investment income | $5,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $28,042 |
| 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 | $1,377,043 |
| 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 | $275,000 |
| Fees for services: Legal | $648 |
| Fees for services: Accounting | $9,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,842 |
| Information technology | $47,493 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $76,613 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $428,879 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,046 |
| All other expenses | $66 |
| Total functional expenses | $983,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $594,660 |
| Savings and temporary cash investments | $446,087 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,524 |
| 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 | $38,105 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $491,334 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,577,710 |
| Accounts payable and accrued expenses | $58,101 |
| Grants payable | $0 |
| Deferred revenue | $129,605 |
| 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 | $187,706 |
| Net assets without donor restrictions | $1,390,004 |
| 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 | $1,577,710 |