American Association Of Orthopaedic Surgeons Of America
- Assets
- $24.9m
- Revenue
- $25.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Rosemont, IL
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 36-4241052
Organization Overview
American Association Of Orthopaedic Surgeons Of America is located in Rosemont, IL. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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 Association Of Orthopaedic Surgeons Of America 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 12/2023, American Association Of Orthopaedic Surgeons Of America generated $25.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $21.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Association Of Orthopaedic Surgeons Of America has awarded 104 individual grants totaling $164,288,407. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION CARRIES ON THE ORTHOPAEDIC COMMUNITY'S ADVOCACY ACTIVITIES RELATED TO HEALTHCARE ISSUES ON BEHALF OF PATIENTS AND PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION CARRIES ON THE ORTHOPAEDIC COMMUNITY'S ADVOCACY ACTIVITIES RELATED TO HEALTHCARE ISSUES ON BEHALF OF PATIENTS AND PROFESSIONALS. VOLUNTEERS PROACTIVELY SUPPORT PATIENT ACCESS TO HEALTH CARE BY CONTACTING AND MEETING WITH MEMBERS OF CONGRESS AND OTHER DECISION MAKERS TOGETHER WITH THEIR PATIENTS TO MAKE SURE THEY UNDERSTAND THE ISSUES SURROUNDING MUSCULOSKELETAL HEALTH SO THEY CAN MAKE INFORMED DECISIONS REGARDING HEALTH CARE FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin J Bozic MD President | OfficerTrustee | 7.5 | $0 |
Paul Tornetta III MD First Vice-President | OfficerTrustee | 5 | $0 |
Annunziato Amendola MD Second Vice-President | OfficerTrustee | 5 | $0 |
Felix H Savoie MD Past President | OfficerTrustee | 2.5 | $0 |
Michael L Parks MD Treasurer | OfficerTrustee | 1.5 | $0 |
Alfonso Mejia MD Boc Chair | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Matthew Twetten Consulting | 12/30/17 | $128,472 |
Vedder Price Legal Services | 12/30/17 | $247,046 |
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 | $1,696,734 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,696,734 |
| Total Program Service Revenue | $23,230,195 |
| Investment income | $479,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$92,004 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,313,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,346,062 |
| 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. | $352,654 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,256,816 |
| Pension plan accruals and contributions | $129,302 |
| Other employee benefits | $419,877 |
| Payroll taxes | $135,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $423,533 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $95,225 |
| Fees for services: Investment Management | $475,632 |
| Fees for services: Other | $591,173 |
| Advertising and promotion | $119,410 |
| Office expenses | $242,408 |
| Information technology | $196,755 |
| Royalties | $0 |
| Occupancy | $431,721 |
| Travel | $370,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169,035 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $13,935 |
| Total functional expenses | $21,275,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,549,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $167,966 |
| 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 | $292,801 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,872,164 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,882,264 |
| Accounts payable and accrued expenses | $235,965 |
| Grants payable | $0 |
| Deferred revenue | $10,391,419 |
| 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 | $10,627,384 |
| Net assets without donor restrictions | $13,732,823 |
| Net assets with donor restrictions | $522,057 |
| 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 | $24,882,264 |
Grants Awarded
Over the last fiscal year, American Association Of Orthopaedic Surgeons Of America has awarded $14,336,062 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DELAWARE SOCIETY OF ORTHOPAEDIC SURGEONS PURPOSE: GENERAL SUPPORT | $10,000 |
PENNSYLVANIA ORTHOPAEDIC SOCIETY PURPOSE: GENERAL SUPPORT | $15,000 |
MINNESOTA ORTHOPAEDIC SOCIETY PURPOSE: GENERAL SUPPORT | $15,000 |
NORTH DAKOTA MEDICAL ASSOCIATION PURPOSE: GENERAL SUPPORT | $7,500 |
AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS PURPOSE: GENERAL SUPPORT | $14,256,062 |
NEW JERSEY ORTHOPAEDIC SOCIETY PURPOSE: GENERAL SUPPORT | $7,500 |