The American Venous Forum
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- East Dundee, IL
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 36-3643456
Organization Overview
The American Venous Forum is located in East Dundee, IL. The organization was established in 1994. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Venous Forum 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 Venous Forum generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $837.9k 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
THE MISSION OF THE AVF IS TO SAVE AND IMPROVE LIVES BY REDUCING VENOUS AND LYMPHATIC DISEASE THROUGH EDUCATION, INNOVATION RESEARCH AND ADVOCACY, AND TO EMPOWER VENOUS SPECIALISTS TO BE THE BEST IN THE WORLD IN ASSESSING AND TREATING VENOUS DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AVF FOSTERS CUTTING EDGE RESEARCH AND CLINICAL INNOVATION AND EDUCATES HEALTH CARE PROFESSIONALS, PATIENTS AND POLICY MAKERS ABOUT VENOUS AND LYMPHATIC DISEASES.
PROVIDING INTERACTIVE AND HANDS-ON EDUCATION TO PHYSICIANS AND FELLOWS.
AVF FOSTERS CUTTING EDGE RESEARCH AND CLINICAL INNOVATION AND EDUCATES HEALTH CARE PROFESSIONALS, PATIENTS AND POLICY MAKERS ABOUT VENOUS AND LYMPHATIC DISEASES.
PROVIDING INTERACTIVE AND HANDS-ON EDUCATION TO PHYSICIANS AND FELLOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Welch MD Past Preside | OfficerTrustee | 1 | $0 |
William Marston MD President El | OfficerTrustee | 1 | $0 |
Ruth Bush MD Secretary | OfficerTrustee | 1 | $0 |
Glenn R Jacobowitz MD Facs Vice Preside | OfficerTrustee | 1 | $0 |
Joseph Raffetto MD Treasurer | OfficerTrustee | 1 | $0 |
Antonios Gasparis MD President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Balanced Growth Enterprises Llc Executive Mgmt | 12/30/21 | $256,500 |
Veritas Association Management Inc Management | 12/30/21 | $279,600 |
Veritas Association Management Inc Management | 12/30/21 | $279,600 |
Balanced Growth Enterprises Llc Executive Mgmt | 12/30/21 | $256,500 |
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 | $46,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,250 |
| Total Program Service Revenue | $672,847 |
| Investment income | $29,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $397,668 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,146,479 |
| 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 | $279,600 |
| Fees for services: Legal | $19,089 |
| Fees for services: Accounting | $4,368 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $256,500 |
| Advertising and promotion | $910 |
| Office expenses | $3,867 |
| Information technology | $15,631 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,232 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,978 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,586 |
| All other expenses | $3,764 |
| Total functional expenses | $837,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The American Venous Forum has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
The American Venous Forum Foundation East Dundee, IL PURPOSE: ANNUAL MEETING | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Exemplar Global Inc Milwaukee, WI | $1,712,970 | $3,279,996 |
American Shoulder And Elbow Schaumburg, IL | $6,956,348 | $2,952,867 |
Applied Strategies International Ltd Chicago, IL | $770,313 | $1,118,563 |
Quarter Horse Racing Association Of Indiana Inc Shelbyville, IN | $766,842 | $1,136,886 |
National Portable Storage Association Kansas City, MO | $1,093,938 | $968,993 |
The American Venous Forum East Dundee, IL | $0 | $1,146,479 |
Collegiate & Professional Sports Dietitians Association Bloomington, IN | $1,664,638 | $932,926 |
International Order Of The Golden Rule Indianapolis, IN | $1,853,090 | $689,683 |
Council Bluffs Convention And Visitors Bureau Council Bluffs, IA | $1,064,909 | $754,066 |
St Louis Apartment Association St Louis, MO | $595,409 | $578,067 |
Safety Week Chicago, IL | $299,859 | $517,636 |
Federation Of Iowa Insurers Des Moines, IA | $466,519 | $394,695 |