International College Of Surgeons Gen Surgeons & Surgical Spec Inc
- Assets
- $786.8k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 12
- Location
- Chicago, IL
- Founding
- 03/1947
- Data as of
- 12/2021
- EIN
- 36-2235160
Organization Overview
International College Of Surgeons Gen Surgeons & Surgical Spec Inc is located in Chicago, IL. The organization was established in 1947. 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 12/2021, International College Of Surgeons Gen Surgeons & Surgical Spec Inc employed 12 individuals. This organization is the central organization for a national or regional group of organizations. International College Of Surgeons Gen Surgeons & Surgical Spec Inc 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 12/2021, International College Of Surgeons Gen Surgeons & Surgical Spec Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 0.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL ORGANIZATION DEDICATED TO BRINGING TOGETHER SURGEONS AND SURGICAL SPECIALISTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT INTERNATIONAL MUSEUM OF SURGICAL SCIENCE. THE MUSEUM IS OPEN TO THE PUBLIC.
PUBLISH INTERNATIONAL SURGERY JOURNAL. PROVIDE FORUM FOR INTERNATIONAL SURGEONS THROUGH MEETINGS, COURSES, AND SUPPORT. PROVIDE SCHOLARSHIPS AND OTHER MEMBERSHIP SERVICES. SUPPORT SURGICAL TEAM ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max C Downham Executive Director | Officer | 65 | $807,678 |
Letran Tran Chief Financial Officer | 40 | $337,974 | |
Patricia V Binfa Membership Director | 40 | $235,432 | |
Prof Giorgios Tsoulfas World President | OfficerTrustee | 1 | $0 |
Prof Easaw Thomas World Vice President | OfficerTrustee | 1 | $0 |
Prof Clement Chan World Corporate Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $127,330 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $300,180 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,461 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,971 |
| Total Program Service Revenue | $396,395 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,919,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,872,266 |
| 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. | $257,516 |
| Compensation of current officers, directors, key employees. | $70,130 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $326,747 |
| Pension plan accruals and contributions | $23,276 |
| Other employee benefits | $22,868 |
| Payroll taxes | $56,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,934 |
| Fees for services: Accounting | $14,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,111 |
| Advertising and promotion | $1,600 |
| Office expenses | $105,737 |
| Information technology | $8,700 |
| Royalties | $0 |
| Occupancy | $47,890 |
| Travel | $85 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118 |
| Interest | $4,109 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,115 |
| Insurance | $23,674 |
| All other expenses | $32 |
| Total functional expenses | $1,009,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,078 |
| Savings and temporary cash investments | $625,989 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,566 |
| Prepaid expenses and deferred charges | $32,147 |
| Net Land, buildings, and equipment | $107,626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,366 |
| Total assets | $786,772 |
| Accounts payable and accrued expenses | $155,465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,058 |
| Total liabilities | $157,523 |
| Net assets without donor restrictions | $568,953 |
| Net assets with donor restrictions | $60,296 |
| 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 | $786,772 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International College Of Surgeons Gen Surgeons & Surgical Spec Inc has recieved totaling $34.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Endowment Analysis
| Beg. Balance | $829,555 |
| Earnings | -$4,698 |
| Net Contributions | $379,786 |
| Other Expense | $1,204,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
Society For Vascular Surgery Rosemont, IL | $23,352,063 | $12,701,709 |
American Association Of Hip & Knee Surgeons Rosemont, IL | $10,620,526 | $7,068,995 |
American Academy Of Implant Dentistry Chicago, IL | $16,470,148 | $5,381,022 |
American Society Of Colon & Rectal Surgeons Bannockburn, IL | $41,199,504 | $5,540,929 |
Plastic Surgery Foundation Arlington Heights, IL | $23,860,142 | $3,721,510 |
American Board Of Oral And Maxillofacial Surgery Chicago, IL | $15,928,377 | $5,078,520 |
American Association For The Surgery Of Trauma Chicago, IL | $10,372,551 | $4,224,330 |
American College Of Mohs Surgery Inc Milwaukee, WI | $7,985,638 | $3,126,672 |
American Society For Laser Medicine And Surgery Inc Wausau, WI | $9,109,536 | $2,069,294 |
American Pediatric Surgical Association East Dundee, IL | $2,687,720 | $1,761,172 |
International College Of Surgeons Gen Surgeons & Surgical Spec Inc Chicago, IL | $786,772 | $2,872,266 |