American Society For Metabolic And Bariatric Surgery

Organization Overview

American Society For Metabolic And Bariatric Surgery is located in Newberry, FL. The organization was established in 1983. 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 12/2021, American Society For Metabolic And Bariatric Surgery employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Metabolic And Bariatric Surgery 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 12/2021, American Society For Metabolic And Bariatric Surgery generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE SOCIETY IS TO ADVANCE THE ART AND SCIENCE OF BARIATRIC SURGERY BY CONTINUED ENCOURAGEMENT OF ITS MEMBERS TO CARRY OUT THE FOLLOWING MISSION: (1) TO IMPROVE THE CARE AND TREATMENT OF PEOPLE WITH OBESITY AND RELATED DISEASES; (2) TO ADVANCE THE SCIENCE AND UNDERSTANDING OF METABOLIC SURGERY; (3) TO FOSTER COMMUNICATION BETWEEN HEALTH PROFESSIONAL ON OBESITY AND RELATED CONDITIONS; (4) TO BE THE RECOGNIZED AUTHORITY AND RESOURCE ON METABOLIC AND BARIATRIC SURGERY; (5) TO ADVOCATE FOR HEALTH CARE POLICY THAT ENSURES PATIENT ACCESS TO HIGH QUALITY PREVENTION AND TREATMENT OF OBESITY; (6) TO BE A HIGHLY VALUED SPECIALTY SOCIETY THAT SERVES THE EDUCATIONAL AND PROFESSIONAL NEEDS OF OUR DIVERSE MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE VARIOUS COURSES, AN ANNUAL MEETING, A PROFESSIONAL JOURNAL, AND OTHER SERVICES FOR ITS MEMBERS IN AN EFFORT TO ADVANCE THE ART AND SCIENCE OF BARIATRIC SURGERY.


SPONSOR AN RN CREDENTIALING PROGRAM TO CERTIFY NURSES WHO WANT TO SPECIALIZE IN BARIATRICS.


PROVIDE RESEARCH GRANTS AND FELLOWSHIPS FOR BARIATRIC SURGEONS.


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Board, Officers & Key Employees

Name (title)Compensation
Georgeann N Mallory
Executive Di
$114,062
Kristie Kaufman
Interim Exec
$56,300
Matthew Hutter MD
President/pa
$3,000
Eric Demaria MD
Past Pres/sr
$0
Marina Kurian MD
Council-At-L
$0
Shanu Kothari MD
Pres Elect/p
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Funk & Bolton Pa
Legal
$372,810
Communication Partners & Associates
Public Relation
$200,000
View All Vendors

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$84,240
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$84,240
Total Program Service Revenue$2,136,236
Investment income $196,199
Tax Exempt Bond Proceeds $0
Royalties $147,749
Net Rental Income $0
Net Gain/Loss on Asset Sales $870,916
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,710
Miscellaneous Revenue$0
Total Revenue $3,474,760

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Society For Metabolic And Bariatric Surgery has recieved totaling $5,760.

Awarding OrganizationAmount
Bon Secours Mercy Health Foundation

Cincinnati, OH

PURPOSE: Program Support

$5,760
View Grant Recipient Profile

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