Outpatient Endovascular And Interventional Society is located in Mundelein, IL. The organization was established in 2014. 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 12/2023, Outpatient Endovascular And Interventional Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outpatient Endovascular And Interventional Society 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, Outpatient Endovascular And Interventional Society generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 12.5% per year over the past 7 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
TO IMPROVE QUALITY HEALTH CARE BY ESTABLISHING QUALITY STANDARDS FOR VASCULAR SURGERY AND INTERVENTIONAL SPECIALTIES AND PROVIDING THEM WITH SCIENTIFIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER EXEMPT ACTIVITIES
MEETINGS FOR DOCTORS IN THE SPECIALTIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Niedzwiecki MD Treasurer/sec. | OfficerTrustee | 3 | $0 |
Bob Tahara MD President | OfficerTrustee | 5 | $0 |
Brett Wiechmann MD Executive Dir. | Trustee | 1 | $0 |
George Adams MD Director | Trustee | 1 | $0 |
Robert Kennedy MD Director | Trustee | 1 | $0 |
Stephen Daugherty MD Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $155,797 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $402,523 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $558,320 |
Total Program Service Revenue | $942,973 |
Investment income | $168,174 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,669,467 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $54,558 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $155,000 |
Fees for services: Legal | $9,467 |
Fees for services: Accounting | $3,075 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,263 |
Fees for services: Other | $0 |
Advertising and promotion | $1,695 |
Office expenses | $36,838 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,184 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $420,249 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,008 |
All other expenses | $0 |
Total functional expenses | $1,307,091 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $852,841 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $192,878 |
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 | $10,000 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $963,484 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,019,203 |
Accounts payable and accrued expenses | $10,059 |
Grants payable | $0 |
Deferred revenue | $72,105 |
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 | $82,164 |
Net assets without donor restrictions | $1,937,039 |
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 | $2,019,203 |