American Society Of Anesthesiologists
- Assets
- $127.4m
- Revenue
- $57.1m
- Investments
- $0.0
- Employees
- 186
- Location
- Schaumburg, IL
- Founding
- 02/1951
- Data as of
- 12/2021
- EIN
- 36-2181944
Organization Overview
American Society Of Anesthesiologists is located in Schaumburg, IL. The organization was established in 1951. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, American Society Of Anesthesiologists employed 186 individuals. This organization is the central organization for a national or regional group of organizations. American Society Of Anesthesiologists 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, American Society Of Anesthesiologists generated $57.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $52.6m during the year ending 12/2021. While expenses have increased by 0.9% 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 2014, American Society Of Anesthesiologists has awarded 86 individual grants totaling $30,349,888. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING THE PRACTICE AND SECURING THE FUTURE OF ANESTHESIOLOGY THROUGH MEDICAL EDUCATION, CREATION AND DISSEMINATION OF NEW KNOWLEDGE, IMPROVEMENT OF PATIENT CARE, AND LEGISLATIVE AND REGULATORY ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - MEMBERS OF ASA INCLUDE MD/DOS WHO ARE LICENSED PHYSICIANS AND HAVE COMPLETED A TRAINING PROGRAM IN ANESTHESIOLOGY, AS WELL AS MEDICAL STUDENTS INTERESTED IN ANESTHESIOLOGY AND RESIDENTS ENROLLED IN AN ANESTHESIOLOGY TRAINING PROGRAM. ANESTHESIOLOGISTS PRACTICING OUTSIDE THE US AND SCIENTISTS INVOLVED IN ANESTHESIA RESEARCH MAY BECOME AFFILIATE MEMBERS. EDUCATIONAL MEMBERS INCLUDE NURSE ANESTHETISTS AND ANESTHESIOLOGIST ASSISTANTS. THE SOCIETY HAS 46,699 MEMBERS. THE SOCIETY MANAGES INDIVIDUAL AND GROUP DUES INVOICING AND PROCESSING FOR ASA MEMBERS. THE SOCIETY MAINTAINS A COMPREHENSIVE MEMBER AND CUSTOMER DATABASE TRACKING ALL SALES AND TRANSACTIONS WITH THE SOCIETY.
PUBLICATIONS - ASA PRODUCES STATEMENTS, GUIDELINES, AND STANDARDS WHICH FOCUS ON WAYS OF IMPROVING THE PRACTICE OF ANESTHESIOLOGY. ADDITIONAL PUBLICATIONS PROVIDE INFORMATION ON THE VARIOUS ASPECTS OF ANESTHETIC CARE FOR BOTH MEDICAL PERSONNEL AND THE LAY PUBLIC. A DISTINGUISHED SCIENTIFIC JOURNAL, "ANESTHESIOLOGY", IS PUBLISHED MONTHLY, AS IS THE OFFICIAL NEWSLETTER, "MONITOR", WHICH PROVIDES GENERAL INFORMATION AND NEWS ON CURRENT ISSUES AFFECTING ANESTHESIOLOGY.
CONTINUING EDUCATION - ASA SPONSORS CONTINUING MEDICAL EDUCATION VIA ONLINE COURSES, TANGIBLE PRODUCTS, AND LIVE MEETINGS THAT ARE DESIGNED TO ADVANCE PHYSICIAN ANESTHESIOLOGISTS' CURRENT KNOWLEDGE AND BUILD SKILLS ON NEWEST CLINICAL DEVELOPMENTS, TECHNOLOGY ADVANCEMENTS, AND RESEARCH. SELF STUDY COURSES INCLUDE TWO BASED ON A QUESTION AND ANSWER FORMAT: ANESTHESIOLOGY CONTINUING EDUCATION (ACE), AND THE SELF-EDUCATION AND EVALUATION (SEE), THAT ARE USED TO ASSESS PROFESSIONAL KNOWLEDGE AND PREPARE FOR MAINTENANCE OF CERTIFICATION AND LICENSURE. OTHER SELF-STUDY COURSES INCLUDE A JOURNAL CME PROGRAM USING ARTICLES FROM "ANESTHESIOLOGY, REFRESHER COURSES IN ANESTHESIOLOGY" AN EXPANSION OF ANNUAL MEETING COURSES, PATIENT SAFETY, ETHICS, AND A VARIETY OF E-LEARNING PROGRAMS ON CLINICAL TOPICS. ASA EDUCATION PROGRAMS INCLUDE AN ANNUAL MEETING, THE WORLD'S LARGEST EDUCATION PROGRAM FOR PHYSICIAN ANESTHESIOLOGISTS, OFFERING A VARIETY OF SESSIONS AND WORKSHOPS THAT COVER THE CURRENT TOPICS AND EMERGING SCIENCE. THE 2021 VIRTUAL ANNUAL MEETING NUMBER OF ATTENDEES WAS AS FOLLOWS:MEMBERS 6,678NON-MEMBERS 782EXHIBITORS 1,360GUEST/SPOUSE 627OTHER 222FOR A TOTAL OF 9,669 ATTENDEESOTHER ANNUAL PROGRAMS INCLUDE CONFERENCE ON PRACTICE MANAGEMENT, ANESTHESIA QUALITY MEETING, LEGISLATIVE CONFERENCE, AND THE CERTIFICATE IN BUSINESS ADMINISTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pomerantz Paul Chief Executive Officer | Officer | 70 | $619,118 |
Reilly Brian Chief Operating Officer | Officer | 50 | $419,439 |
Bonilla Manuel Chief Advocacy & Practice Officer | Officer | 50 | $360,259 |
Steininger Lisa Chief Financial Officer | Officer | 50 | $342,287 |
Schmitz Delaine Chief Quality Operations Officer | Officer | 25 | $332,496 |
Lewin Jeremy B Former General Counsel | 50 | $317,478 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quinn Emanuel Urguhart And Sullivan Llp Legal And Consulting Services | 12/30/21 | $1,714,198 |
Cae Healthcare Inc Revenue Share Consulting | 12/30/21 | $801,959 |
Psav Presentation Services Meeting Services Provider Of Lighting, S | 12/30/21 | $1,117,494 |
Wolters Kluwer Health Inc Editorial Services | 12/30/21 | $1,033,152 |
Reingold Public Relations | 12/30/21 | $1,546,780 |
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 | $18,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,625 |
| Total Program Service Revenue | $48,166,987 |
| Investment income | $1,896,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,473,912 |
| Net Rental Income | $261,729 |
| Net Gain/Loss on Asset Sales | $4,304,700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,130,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,664,014 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,404,116 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,515,116 |
| Pension plan accruals and contributions | $781,650 |
| Other employee benefits | $3,059,030 |
| Payroll taxes | $808,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,327,091 |
| Fees for services: Accounting | $52,304 |
| Fees for services: Lobbying | $1,309,892 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,782 |
| Fees for services: Other | $488,389 |
| Advertising and promotion | $426,898 |
| Office expenses | $767,756 |
| Information technology | $1,152,933 |
| Royalties | $0 |
| Occupancy | $1,539,521 |
| Travel | $196,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,620,233 |
| Interest | $94,469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,800,473 |
| Insurance | $147,016 |
| All other expenses | $726,340 |
| Total functional expenses | $52,583,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,198,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,131,251 |
| 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 | $1,519,747 |
| Net Land, buildings, and equipment | $25,784,170 |
| Investments—publicly traded securities | $86,617,042 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $152,463 |
| Total assets | $127,402,745 |
| Accounts payable and accrued expenses | $10,614,634 |
| Grants payable | $0 |
| Deferred revenue | $16,111,041 |
| 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 | $5,796,334 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,576,536 |
| Total liabilities | $36,098,545 |
| Net assets without donor restrictions | $90,734,400 |
| Net assets with donor restrictions | $569,800 |
| 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 | $127,402,745 |
Grants Awarded
Over the last fiscal year, American Society Of Anesthesiologists has awarded $3,083,435 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Schaumburg, IL PURPOSE: OPERATION SUPPORT | $1,600,000 |
Schaumburg, IL PURPOSE: OPERATION SUPPORT | $778,203 |
Schaumburg, IL PURPOSE: OPERATION SUPPORT | $340,000 |
Schaumburg, IL PURPOSE: OPERATION SUPPORT | $320,000 |
Schaumburg, IL PURPOSE: OPERATION SUPPORT | $30,982 |
Augusta, GA PURPOSE: OPERATION SUPPORT | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Society Of Anesthesiologists has recieved totaling $400.
| Awarding Organization | Amount |
|---|---|
Robert & Mary Jane Hekemian Foundat Ion Inc Hackensack, NJ PURPOSE: ADVANCING THE PRACTICE AND SECURING THE FUTURE OF ANESTHESIOLOGY THROUGH MEDICAL EDUCATION | $200 |
Robert & Mary Jane Hekemian Foundat Ion Inc Hackensack, NJ PURPOSE: ADVANCING THE PRACTICE AND SECURING THE FUTURE OF ANESTHESIOLOGY THROUGH MEDICAL EDUCATION | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Family Medicine Inc Lexington, KY | $185,304,268 | $55,757,459 |
American Society Of Anesthesiologists Schaumburg, IL | $127,402,745 | $57,130,862 |
American Academy Of Dermatology Inc Rosemont, IL | $106,665,839 | $38,601,063 |
American Osteopathic Association Chicago, IL | $87,985,628 | $32,905,161 |
American Society Of Clinical Pathologists Chicago, IL | $44,155,446 | $32,324,819 |
American College Of Chest Physicians Glenview, IL | $44,983,631 | $16,629,705 |
Academy Of General Dentistry Chicago, IL | $42,353,738 | $16,214,063 |
American Association For Accreditation Of Ambulatory Surger Gurnee, IL | $14,762,694 | $10,355,412 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
American Dental Hygientists Association Chicago, IL | $4,138,948 | $5,518,461 |
National Certification Corporation For Obstetric Gynecologic & Neonat Chicago, IL | $33,466,629 | $9,072,961 |
Orthopedic Foundation For Animals Columbia, MO | $9,920,954 | $4,913,503 |