American Registry Of Radiologic Technologists
- Assets
- $96.7m
- Revenue
- $24.9m
- Investments
- $77.6m
- Employees
- 137
- Location
- St Paul, MN
- Founding
- 10/1940
- Data as of
- 06/2023
- EIN
- 41-0122284
Organization Overview
American Registry Of Radiologic Technologists is located in St Paul, MN. The organization was established in 1940. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, American Registry Of Radiologic Technologists employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Registry Of Radiologic Technologists 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 06/2023, American Registry Of Radiologic Technologists generated $24.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $26.2m during the year ending 06/2023. While expenses have increased by 5.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RECOGNIZE QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING REQUIREMENTS - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING EDUCATION REQUIREMENTS AND CONTINUING QUALIFICATION REQUIREMENTS WHEN APPLICABLE. THE ORGANIZATION HAD OVER 350,000 TECHNOLOGISTS REGISTERED DURING THE YEAR ENDED JUNE 30, 2023.
INITIAL REQUIREMENTS - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY TO ADOPT AND UPHOLD STANDARDS FOR EDUCATIONAL PREPARATION FOR ENTRY INTO THE PROFESSION. THE ORGANIZATION EXAMINED OVER 31,000 CANDIDATES FOR CERTIFICATION DURING THE YEAR ENDED JUNE 30, 2023.
LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE LICENSURE. THE ORGANIZATION EXAMINED OVER 5,000 CANDIDATES FOR LICENSURE DURING THE YEAR ENDED JUNE 30, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry B Reid Chief Executive Officer Thru Dec | Officer | 40 | $617,956 |
William T Murtaugh Cfo/senior Director | Officer | 40 | $255,300 |
Kevin Rush Senior Director | 40 | $239,397 | |
Kenneth L Brown Director | 40 | $178,832 | |
Kellie J Reynolds Director | 40 | $169,519 | |
Travis Prowant President | OfficerTrustee | 6 | $13,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ncs Pearson Inc Applicant Testing | 6/29/23 | $4,067,431 |
Rba Inc It Consulting | 6/29/23 | $603,047 |
Wells Fargo Bank Minnesota Na Payment Processing | 6/29/23 | $446,043 |
Enpointe Marketing/publishing | 6/29/23 | $351,969 |
D3 Information Services Llc It Consulting | 6/29/23 | $330,798 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,153,526 |
| Investment income | $2,819,173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$49,154 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,924,177 |
| 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. | $1,195,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,364,961 |
| Pension plan accruals and contributions | $904,545 |
| Other employee benefits | $1,117,176 |
| Payroll taxes | $783,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $265,275 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $488,851 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $323,707 |
| Fees for services: Other | $2,540,036 |
| Advertising and promotion | $271,012 |
| Office expenses | $1,758,105 |
| Information technology | $103,482 |
| Royalties | $0 |
| Occupancy | $854,936 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,039,558 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $545,087 |
| Insurance | $224,790 |
| All other expenses | $0 |
| Total functional expenses | $26,170,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,495 |
| Savings and temporary cash investments | $10,561,716 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,684 |
| 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 | $574,860 |
| Net Land, buildings, and equipment | $7,839,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $77,583,358 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,060 |
| Total assets | $96,733,178 |
| Accounts payable and accrued expenses | $3,011,970 |
| Grants payable | $0 |
| Deferred revenue | $2,135,190 |
| 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 | $305,993 |
| Total liabilities | $5,453,153 |
| Net assets without donor restrictions | $91,280,025 |
| 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 | $96,733,178 |