American Society For Bone And Mineral Research
- Assets
- $9.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/1983
- Data as of
- 12/2021
- EIN
- 43-1123207
Organization Overview
American Society For Bone And Mineral Research is located in Washington, DC. The organization was established in 1983. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Bone And Mineral Research 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 Bone And Mineral Research generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Society For Bone And Mineral Research has awarded 61 individual grants totaling $2,025,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ASBMR IS TO ADVANCE BONE, MINERAL, AND MUSCULOSKELETAL SCIENCE WORLDWIDE AND TO PROMOTE THE TRANSLATION OF BASIC AND CLINICAL RESEARCH TO IMPROVE HUMAN HEALTH.
Describe the Organization's Program Activity:
ANNUAL MEETING THE SOCIETY SPONSORS A 4-DAY MEETING EACH YEAR FOR APPROXIMATELY 3,000 ATTENDEES. THE MEETING GATHERS WORLD RENOWNED EXPERTS IN THE FIELD TO PRESENT THE LATEST STUDIES AND RESEARCH FOR BONE AND MINERAL METABOLISM.
OTHER FUNDED PROGRAMS THE SOCIETY FUNDS ANNUAL MEETING TRAVEL GRANTS AND PROVIDES SUPPORT TO OTHER OUTSIDE ORGANIZATIONS WHICH ARE APPROVED BY THE SOCIETY'S EXECUTIVE COMMITTEE.
PUBLICATIONS THE SOCIETY PUBLISHES A MONTHLY MAGAZINE CALLED JOURNAL OF BONE AND MINERAL RESEARCH (JBMR), WHICH INCLUDES ORIGINAL MANUSCRIPTS, REVIEWS, AND SPECIAL ARTICLES IN BASIC AND CLINICAL SCIENCE RELEVANT TO BONE, MUSCLE AND MINERAL METABOLISM. IN ADDITION TO JBMR, THE SOCIETY ALSO PUBLISHES JBMR PLUS, PRIMER, AND A WEEKLY AN E-NEWS WEEKLY. EXCLUSIVE TO THE SOCIETY'S MEMBERS, THE E-NEWS WEEKLY PROVIDES INFORMATION ABOUT GRANT ANNOUNCEMENTS, ASBMR MEETING INFORMATION, INFORMATION ABOUT THE SOCIETY'S ADVOCACY EFFORTS WITH OTHER BONE-RELATED ORGANIZATIONS, AND EXECUTIVE SUMMARIES OF NOTEWORTHY NEWS ARTICLES PERTAINING TO THE BONE FIELD.
COMMITTEES THE SOCIETY HAS VARIOUS COMMITTEES TO HELP MAINTAIN THE ORGANIZATION. THESE VARIOUS COMMITTEES WORK UNDER THE DIRECTION OF THE COUNCIL AND IN PARTNERSHIP WITH THE TEAM MEMBERS OF THE ASSOCIATION MANAGEMENT COMPANY. THESE COMMITTEES HELP ENSURE THAT ACTIVITIES ARE CONGRUENT WITH THE SOCIETY'S MISSION, THE CONTINUITY OF ITS PROGRAMS, AND THE MAINTENANCE OF ITS POLICIES AND PROCEDURES.AWARDS AND DONATIONS THE SOCIETY PROVIDES VARIOUS AWARDS DURING THEIR ANNUAL MEETING AND PRE-MEETING SYMPOSIA. ADVOCACY THE SOCIETY WORKS CLOSELY WITH OTHER ORGANIZATIONS THROUGH PARTNERSHIPS TO BETTER IMPROVE THEIR FIELD AND CREATE CALL TO ACTIONS AND TO ADDRESS NEW ISSUES IN THE BONE AND MINERAL INDUSTRY.PRE-MEETING SYMPOSIA THE SOCIETY HOSTS A ONE-DAY SYMPOSIA PRIOR TO THEIR ANNUAL MEETING ON FOCUSED TOPICS OR ISSUES IN THE FIELD OF BONE, MINERAL AND MUSCULOSKELETAL RESEARCH. WORKING GROUPS THE SOCIETY'S WORKING GROUP MEETINGS ARE INTERACTIVE MEETINGS RELATED TO A FOCUSED TOPIC NOT SPECIFICALLY OR EXTENSIVELY ADDRESSED IN THE OFFICIAL ASMBR SCIENTIFIC PROGRAM. THESE MEETINGS ARE ORGANIZED BY MEMBERS OF THE SOCIETY AND ARE NOT INITIATED OR ORGANIZED BY INDUSTRY. THE WORKING GROUPS ARE CONSIDERED PART OF THE OFFICIAL ANCILLARY PROGRAM. EDUCATION THE ASBMR EDUCATION RESOURCE CENTER IS AN ONLINE PLATFORM THAT PROVIDES OF ALL OF THE SOCIETY'S EDUCATIONAL CONTENT FROM THE MEETINGS AND WEBINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberto Civitelli MD Councilor | Trustee | 5 | $12,000 |
Suzanne Jande Beur MD Past-President | OfficerTrustee | 10 | $10,000 |
Peter Ebeling Ao MD Fracp President | OfficerTrustee | 10 | $0 |
Johannes Van Leeuwen PHD Secretary-Treasurer | OfficerTrustee | 5 | $0 |
Rene St-Arnaud PHD Secretary-Treasurer-Elect | OfficerTrustee | 5 | $0 |
Mary Bouxsein PHD President-Elect | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smithbucklin Corporation Management Services | 12/30/21 | $2,441,484 |
Projection Presentation Technology Audio Visual Services | 12/30/21 | $314,401 |
John Wiley & Sons Inc Publishing Services | 12/30/21 | $193,910 |
Volume Services America Inc Professional And Catering Services | 12/30/21 | $128,549 |
San Diego Convention Center Group Convention Services | 12/30/21 | $101,136 |
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 | $587,439 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $587,439 |
| Total Program Service Revenue | $2,335,657 |
| Investment income | $199,906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $865,934 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $97,652 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,089,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $310,000 |
| Grants and other assistance to domestic individuals. | $192,491 |
| Grants and other assistance to Foreign Orgs/Individuals | $262,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| 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 | $357,000 |
| Fees for services: Legal | $19,308 |
| Fees for services: Accounting | $131,329 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,705 |
| Fees for services: Other | $351,057 |
| Advertising and promotion | $9,718 |
| Office expenses | $152,379 |
| Information technology | $297,704 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $85,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $459,509 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $28,325 |
| All other expenses | $19,600 |
| Total functional expenses | $5,124,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,783 |
| Savings and temporary cash investments | $33,913 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $388,763 |
| 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 | $203,602 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,412,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,325,274 |
| Accounts payable and accrued expenses | $267,216 |
| Grants payable | $0 |
| Deferred revenue | $551,490 |
| 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 | $818,706 |
| Net assets without donor restrictions | $8,392,210 |
| Net assets with donor restrictions | $114,358 |
| 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 | $9,325,274 |
Grants Awarded
Over the last fiscal year, American Society For Bone And Mineral Research has awarded $300,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CONNECTICUT HEALTH CENTER PURPOSE: RISING STAR AWARD | $60,000 |
VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY PURPOSE: FIRST AWARD | $60,000 |
Oakland, CA PURPOSE: RISING STAR AWARD | $60,000 |
OHIO UNIVERSITY PURPOSE: FIRST AWARD | $60,000 |
TRUSTEES OF INDIANA UNIVERSITY PURPOSE: FIRST AWARD | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Society For Bone And Mineral Research has recieved totaling $31,050.
| Awarding Organization | Amount |
|---|---|
Duke University Durham, NC PURPOSE: GENERAL SUPPORT | $31,050 |
Endowment Analysis
| Beg. Balance | $50,000 |
| Earnings | $1,204 |
| Other Expense | $1,204 |
| Ending Balance | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Bone And Mineral Research Washington, DC | $9,325,274 | $4,089,929 |
Osteogenesis Imperfecta Foundation Inc Gaithersburg, MD | $2,054,090 | $2,112,061 |
Paralyzed Veterans Of America Spinal Cord Research Foundation Washington, DC | $3,814,942 | $520,359 |
Jordan Research Foundation Virginia Beach, VA | $371,366 | $282,143 |
Determined2heal Foundation Inc Potomac, MD | $148,821 | $0 |
Virginia Spine Research Institute Inc Richmond, VA | $26,893 | $0 |
National Knee Research & Education Foundation Inc Fairfax, VA | $26,103 | $0 |