Society For Surgery Of The Alimentary Tract
- Assets
- $4.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 36-6147052
Organization Overview
Society For Surgery Of The Alimentary Tract is located in Beverly, MA. The organization was established in 2017. According to its NTEE Classification (G70) the organization is classified as: Digestive Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Surgery Of The Alimentary Tract 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 12/2022, Society For Surgery Of The Alimentary Tract generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT TRAINING AND RESEARCH RELATED TO THE ALIMENTARY TRACT THROUGH FUNDING AND PUBLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS - SUBSCRIPTIONS, NEWSLETTER, ROSTER AND RELATED EXPENSES TO KEEP MEMBERSHIP UP TO DATE ON THE LATEST DEVELOPMENTS OF THE ALIMENTARY TRACT.
OFFICERS, COMMITTEES, AND REPRESENTATIVES - EXPENSES RELATED TO THE GOVERNANCE AND OVERSIGHT OF THE SOCIETY'S EDUCATIONAL INITIATIVES INCLUDING KEEPING THE MEMBERSHIP INFORMED OF ITS OWN AND OTHER MEDICAL SOCIETY DEVELOPMENTS.
GRANTS & CONTRIBUTIONS - TO HELP TEACH AND RESEARCH THE DISEASES AND FUNCTIONS OF THE ALIMENTARY TRACT.
ANNUAL & POSTGRADUATE MEETINGS - TO UPDATE MEMBERSHIP OF VARIOUS RESEARCH AND TECHNIQUES TO TREAT THE ALIMENTARY TRACT AND TO ENCOURAGE TRAINING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Nicolas Vauthey MD Chair/presid | OfficerTrustee | 2 | $0 |
Mark P Callery MD Past Chair/c | OfficerTrustee | 2 | $0 |
Jennifer F Tseng MD MPH President/pr | OfficerTrustee | 2 | $0 |
Vic Velanovich MD President El | OfficerTrustee | 2 | $0 |
Mark A Talamini MD Vice Preside | OfficerTrustee | 2 | $0 |
Anne Lidor MD MPH Secretary/se | OfficerTrustee | 2 | $7,500 |
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 | $20,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,191 |
| Total Program Service Revenue | $851,892 |
| Investment income | $81,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $302,502 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $362 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,256,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $134,620 |
| Grants and other assistance to domestic individuals. | $84,984 |
| 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 | $356,409 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,391 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,863 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $216,536 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,473 |
| All other expenses | $13,096 |
| Total functional expenses | $1,140,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,951 |
| Savings and temporary cash investments | $11,173 |
| Pledges and grants receivable | $37,500 |
| Accounts receivable, net | $334,344 |
| 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 | $2,767 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,793,059 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $948 |
| Total assets | $4,474,742 |
| Accounts payable and accrued expenses | $20,850 |
| Grants payable | $38,750 |
| Deferred revenue | $12,178 |
| 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 | $785 |
| Total liabilities | $72,563 |
| Net assets without donor restrictions | $4,315,772 |
| Net assets with donor restrictions | $86,407 |
| 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 | $4,474,742 |
Grants Awarded
Over the last fiscal year, Society For Surgery Of The Alimentary Tract has awarded $130,620 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOCIETY FOR SURGERY OF THE ALIMENTA PURPOSE: GENERAL SUPPORT | $110,620 |
FOUNDATION FOR SURGICAL FELLOWSHIPS PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Surgery Of The Alimentary Tract Beverly, MA | $4,474,742 | $1,256,212 |
Wilson Disease Association New York, NY | $460,855 | $655,804 |
National Celiac Association Inc Needham, MA | $1,277,301 | $680,808 |
American Legion Clayton, NY | $443,035 | $314,234 |
Project Clio Inc Boston, MA | $162,211 | $0 |
Reachirschsprungs Inc Concord, MA | $198,077 | $0 |
New York Society Of Colon And Rectal Surgeons Inc Hauppauge, NY | $53,497 | $0 |
Ibd Remedy New York, NY | $64,417 | $0 |
New York Crohns And Colitis Organization Syosset, NY | $148,365 | $77,985 |
Brooklyn Gastroenterological Association New York, NY | $47,554 | $0 |
American Society Of Abdominal Surgeons Inc Burlington, MA | $0 | $0 |
American Board Of Abdominal Surgery Inc Burlington, MA | $0 | $0 |
Winthrop Faculty Medical Affiliates University Faculty Practice Corporation Mineola, NY | $0 | $0 |
International Organization For Crohns And Colitis Brooklyn, NY | $26,199 | $0 |