American Association Of Hip & Knee Surgeons

Organization Overview

American Association Of Hip & Knee Surgeons is located in Rosemont, IL. The organization was established in 1992. 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, American Association Of Hip & Knee Surgeons employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Hip & Knee Surgeons 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 Association Of Hip & Knee Surgeons generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $6.4m during the year ending 12/2021. While expenses have increased by 6.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE HIP AND KNEE PATIENT CARE THROUGH EDUCATION, ADVOCACY, AND RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL MEETING - THE ASSOCIATION CONDUCTS AN ACCREDITED MEDICAL EDUCATION CONFERENCE ATTENDED BY OVER 3,000 SURGEONS AND INDUSTRY PROFESSIONALS, 2,253 LIVE ATTENDEES AND 459 VIRTUAL ATTENDEES FOR THE 2021 HYBRID ANNUAL MEETING. SINCE THERE WAS NO RESIDENT COURSE IN 2021, NO TRAVEL RELATED TRAVEL EXPENSES, ALSO, NO INTERNATIONAL GRANTS GIVEN IN 2021. ORIGINAL RESEARCH, SURGICAL TECHNIQUES AND HEALTH POLICY TOPICS ARE PRESENTED. THE PROCEEDINGS OF THE CONFERENCE ARE PUBLISHED IN ONE OF THE ASSOCIATION'S OFFICIAL PUBLICATIONS, JOURNAL OF ARTHROPLASTY. ADDITIONAL ACCREDITED CONTINUING MEDICAL EDUCATION ACTIVITIES WERE CONDUCTED.


HEALTH POLICY ACTIVITIES - FEDERAL POLICY MAKERS IN CONGRESS AND THE EXECUTIVE DEPARTMENTS AND AGENCIES WERE PROVIDED INFORMATION AND ANALYSIS ABOUT TOTAL JOINT ARTHROPLASTY OVER THE COURSE OF THE YEAR. THIS ASSISTS THE GOVERNMENT IN MAKING BETTER DECISIONS ON HEALTHCARE RELATED MATTERS THAT AFFECT MILLIONS OF PATIENTS. THE ASSOCIATION ALSO ORGANIZES AND SUPPORTS A HEALTH POLICY FELLOWS PROGRAM THAT ALLOWED SEVERAL SURGEON-MEMBERS TO ATTEND VARIOUS EVENTS IN WASHINGTON DC AND ELSEWHERE RELATED TO HEALTH POLICY AND TO INTERACT WITH HIGH-LEVEL FEDERAL OFFICIALS AND LEGISLATORS. THE HEALTH POLICY FELLOWSHIP ALLOWS THE PARTICIPANTS TO BECOME MORE EFFECTIVE AT UNDERSTANDING AND ASSISTING THE PROCESS BY WHICH POLICY BECOMES LAW AND REGULATION.


RESEARCH - THE ASSOCIATION PRODUCES TWO PEER-REVIEWED MEDICAL JOURNALS, THE JOURNAL OF ARTHROPLASTY AND ARTHROPLASTY TODAY. THESE JOURNALS CONVEY THE RESULTS OF RESEARCH THAT CAN ALTER AND IMPROVE THE PRACTICE OF TOTAL JOINT ARTHROPLASTY. THE ASSOCIATION'S RESEARCH COMMITTEE ALSO CONDUCTED THE EVALUATION OF GRANT APPLICATIONS SUBMITTED FOR FUNDING TO THE RELATED FOUNDATION FOR ARTHROPLASTY RESEARCH AND EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Epstein Becker Green
Lobbying And Health Policy
$369,887
Smithbucklin
Conference Management
$124,590
Pra
Audio Visual
$494,124
Michael Faye & Associates
Graphic Design And Printing
$139,578
Freeman Company Llc
Event Management
$215,980
View All Vendors

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$1,256,950
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,256,950
Total Program Service Revenue$4,925,243
Investment income $158,662
Tax Exempt Bond Proceeds $0
Royalties $579,959
Net Rental Income $0
Net Gain/Loss on Asset Sales $102,492
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,068,995

Grants Awarded

Over the last fiscal year, American Association Of Hip & Knee Surgeons has awarded $100,000 in support to 2 organizations.

Grant RecipientAmount

Schaumburg, IL

PURPOSE: PUBLICATION OF MEETING PROCEEDINGS

$50,000

Schaumburg, IL

PURPOSE: PUBLICATION OF MEETING PROCEEDINGS

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Association Of Hip & Knee Surgeons has recieved totaling $30,000.

Awarding OrganizationAmount
American Academy Of Orthopedic Surgeons

Rosemont, IL

PURPOSE: GENERAL SUPPORT

$30,000
View Grant Recipient Profile

Endowment Analysis

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