American Society For Laser Medicine And Surgery Inc

Organization Overview

American Society For Laser Medicine And Surgery Inc is located in Wausau, WI. The organization was established in 1982. 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 Society For Laser Medicine And Surgery Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Laser Medicine And Surgery 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, American Society For Laser Medicine And Surgery Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, American Society For Laser Medicine And Surgery Inc has awarded 27 individual grants totaling $676,003. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY IS TO PROMOTE EXCELLENCE IN PATIENT CARE BY ADVANCING BIOMEDICAL APPLICATIONS OF LASERS AND ENERGY-BASED TECHNOLOGIES WORLDWIDE.

Describe the Organization's Program Activity:

ASLMS HAD HOPED TO BE IN PERSON IN 2021. HOWEVER, COVID-19 CONTINUED TO IMPACT OUR ABILITY TO DO SO AND THE BOARD MADE THE DECISION TO HOLD THE 2021 EVENT VIRTUALLY. THE PROGRAM INCLUDED 34 EDUCATION ACTIVITIES AND 9 UNIQUE INDUSTRY PRESENTATIONS. CONTENT WAS OFFERED ON DEMAND WITH REGISTRATION PURCHASE FOR 60 DAYS AFTER THE EVENT.


AS PART OF THEIR ANNUAL MEMBERSHIP TO THE SOCIETY, MEMBERS RECEIVE A JOURNAL SUBSCRIPTION, ELECTRONIC NEWSLETTERS, AND HAVE ACCESS TO AN ONLINE DIRECTORY. THE VARIOUS PUBLICATIONS ARE DESIGNED TO KEEP MEMBERS CURRENT ON LASER TECHNOLOGY. ELEVEN ISSUES OF THE OFFICIAL JOURNAL OF THE ASLMS WERE PUBLISHED IN 2021. NEW FOR 2021 MEMBERS HAD FREE ACCESS TO A MONTHLY JOURNAL CLUB WEBINAR.


GRANTS FOR RESEARCH, STUDENT TRAVEL AND PROFESSIONAL DEVELOPMENT.


OTHER PROGRAM SERVICES RELATE TO COURSES AND SEMINARS AS PART OF REGIONAL OR ONLINE EDUCATION PROGRAMS - DUE TO COVID-19, A REGIONAL COURSE WAS NOT HELD IN 2021. NO REGISTRATIONS WERE TAKEN.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Morrison
Executive Director
$117,672
Henry Chan MD PHD Frcp
President-Elect
$0
E Victor Ross MD
Treasurer
$0
Suzanne L Kilmer MD
Secretary (thru Apr)
$0
Paul Friedman MD
Vice-President-Elect
$0
Kristen Kelly MD
Secretary-Elect
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Shepard Av Company
Audio Visual For Annual Conference
$386,236
Centerplate
Conference Food And Beverage
$241,007
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$619,862
Fundraising events$73,703
Related organizations$0
Government grants $143,900
All other contributions, gifts, grants, and similar amounts not included above$63,800
Noncash contributions included in lines 1a–1f $73,703
Total Revenue from Contributions, Gifts, Grants & Similar$901,265
Total Program Service Revenue$695,960
Investment income $134,327
Tax Exempt Bond Proceeds $0
Royalties $126,286
Net Rental Income $0
Net Gain/Loss on Asset Sales $258,783
Net Income from Fundraising Events -$47,327
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,069,294

Grants Awarded

Over the last fiscal year, American Society For Laser Medicine And Surgery Inc has awarded $240,000 in support to 8 organizations.

Grant RecipientAmount

MA GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH

$65,000

MA GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH

$65,000

UNIVERSITY OF CALIFORNIA LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: RESEARCH

$40,000

UNIVERSITY OF CALIFORNIA LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: RESEARCH

$40,000

UNIVERSITY OF CALIFORNIA IRVINE

Org PageRecipient Profile

Irvine, CA

PURPOSE: RESEARCH

$10,000

UNIVERSITY OF CALIFORNIA IRVINE

Org PageRecipient Profile

Irvine, CA

PURPOSE: RESEARCH

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that American Society For Laser Medicine And Surgery Inc has recieved totaling $25,033.

Awarding OrganizationAmount
Abbvie Foundation

North Chicago, IL

PURPOSE: GENERAL MISSION

$25,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$33
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,818,906
Earnings$734,868
Net Contributions$9,540
Grants$34,746
Ending Balance$5,528,568

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