American Association Of Tissue Banks Inc
- Assets
- $5.0m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Mclean, VA
- Founding
- 12/1981
- Data as of
- 12/2020
- EIN
- 52-1114697
Organization Overview
American Association Of Tissue Banks Inc is located in Mclean, VA. The organization was established in 1981. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2020, American Association Of Tissue Banks Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Tissue Banks 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 12/2020, American Association Of Tissue Banks Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $4.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Association Of Tissue Banks Inc has awarded 25 individual grants totaling $705,593. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STANDARDS AND ACCREDITATION - THE CONTINUED DEVELOPMENT OF TISSUE BANKING STANDARDS IN SUPPORT OF THE ACCREDITATION PROGRAMS ONSITE, HYBRID, AND VIRTUAL INSPECTIONS OF TISSUE BANKING ESTABLISHMENTS.
EDUCATION & MEMBERSHIP - TO PROVIDE IN-PERSON AND ONLINE TISSUE BANKING EDUCATION IN SUPPORT OF INDIVIDUAL PROFESSIONAL DEVELOPMENT, INCLUDING CTBS CERTIFICATION, FOR BOTH MEMBERS AND NON-MEMBERS.
COMMUNICATIONS & PUBLIC RELATIONS - TO PROVIDE INFORMATION AND EDUCATION TO THE GENERAL PUBLIC ON THE NEED FOR AND VALUE OF BECOMING A TISSUE DONOR. ADDITIONALLY, TO PROVIDE AATB MEMBER-SPECIFIC INFORMATION AND UPDATES THROUGH THE WEBSITE, WEEKLY NEWSLETTER AND OTHER FORMS OF COMMUNICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Bliss VP Accreditation & Standards | 40 | $237,786 | |
Marc Pearce President & CEO (from 6/2020) | Officer | 40 | $232,910 |
Roman Hitchev VP & Chief Science Officer | Officer | 40 | $217,466 |
Jennifer Keller VP Of Meetings & Membership | 40 | $210,132 | |
Jonathan Boyd Director Of Education | 40 | $107,135 | |
Michelle Lewis Accreditation Assessment Mangr. | 40 | $105,828 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marcum Llp Accounting & Hr Services | 12/30/20 | $343,420 |
Hart Health Strategies Lobbying & Other Consulting | 12/30/20 | $330,000 |
Murray L Anderson Inc Accreditation Bank Inspector | 12/30/20 | $140,196 |
Quality Systems Compliance Inc Accreditation Bank Inspector | 12/30/20 | $108,934 |
Sabrina Qualley Accreditation Bank Inspector | 12/30/20 | $105,102 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,690 |
| Investment income | $56,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $455,907 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $411,044 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,286,681 |
| Statement of Expenses | |
|---|---|
| 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. | $514,002 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,196,663 |
| Pension plan accruals and contributions | $74,487 |
| Other employee benefits | $123,199 |
| Payroll taxes | $100,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,486 |
| Fees for services: Accounting | $334,218 |
| Fees for services: Lobbying | $99,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,761 |
| Fees for services: Other | $713,753 |
| Advertising and promotion | $0 |
| Office expenses | $116,586 |
| Information technology | $261,557 |
| Royalties | $0 |
| Occupancy | $139,640 |
| Travel | $109,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,837 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $186,400 |
| Insurance | $44,281 |
| All other expenses | $0 |
| Total functional expenses | $4,306,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,497,370 |
| Savings and temporary cash investments | $61,959 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $418,949 |
| 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 | $135,795 |
| Investments—publicly traded securities | $2,573,330 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,255 |
| Total assets | $5,016,718 |
| Accounts payable and accrued expenses | $245,581 |
| Grants payable | $0 |
| Deferred revenue | $293,748 |
| 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 | $323,325 |
| Other liabilities | $0 |
| Total liabilities | $862,654 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $4,154,064 |
Grants Awarded
Over the last fiscal year, American Association Of Tissue Banks Inc has awarded $94,336 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: DONATE LIFE PARTNER PROGRAM | $46,000 |
TISSUE TESTING TECHNOLOGIES PURPOSE: TIME AND TEMPERATURE ON TISSUE QUALITY | $25,000 |
Virginia Beach, VA PURPOSE: WARM ISCHEMIC TIME SURVEY | $23,336 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Association Of Tissue Banks Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Lifelink Foundation Inc Tampa, FL PURPOSE: PROGRAM GRANT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drug Information Association Inc Washington, DC | $19,738,468 | $18,905,794 |
Community Health Accreditation Program Inc Arlington, VA | $22,682,316 | $18,320,268 |
Plasma Protein Therapeutics Association Annapolis, MD | $7,828,244 | $13,003,501 |
American Podiatric Medical Assoc Bethesda, MD | $21,176,179 | $13,540,711 |
Tennessee Hospital Association Brentwood, TN | $59,191,608 | $16,937,384 |
Association Of Womens Health Obstetric And Neonatal Nurses Washington, DC | $13,892,759 | $13,409,366 |
Maryland Hospital Association Incorporated Elkridge, MD | $38,009,436 | $21,113,999 |
American Health Law Association Washington, DC | $23,085,368 | $9,214,718 |
Parenteral Drug Association Inc Bethesda, MD | $14,078,226 | $8,044,773 |
National Pharmaceutical Council Inc Washington, DC | $24,620,287 | $8,284,643 |
National Association Of Childrens Hospitals Inc Washington, DC | $18,366,386 | $8,000,690 |
National Association For Home Care Washington, DC | $12,583,003 | $7,979,825 |