Amer Acad Of Otolarnygology Head & Neck Surgery Foundation Inc
- Assets
- $27.3m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 81
- Location
- Alexandria, VA
- Founding
- 07/1981
- Data as of
- 06/2022
- EIN
- 52-1219434
Organization Overview
Amer Acad Of Otolarnygology Head & Neck Surgery Foundation Inc is located in Alexandria, VA. The organization was established in 1981. According to its NTEE Classification (G42) the organization is classified as: Ear & Throat Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Amer Acad Of Otolarnygology Head & Neck Surgery Foundation Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amer Acad Of Otolarnygology Head & Neck Surgery Foundation 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 06/2022, Amer Acad Of Otolarnygology Head & Neck Surgery Foundation Inc generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $10.4m during the year ending 06/2022. While expenses have increased by 1.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE THE ART & SCIENCE OF OTOLARYNGOLOGY-HEAD & NECK SURGERY THROUGH EDUCATION, RESEARCH AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING: THE AAO-HNSF ANNUAL MEETING & OTO EXPO IS THE WORLD'S MOST PRESTIGIOUS GATHERING OF OTOLARYNGOLOGIST-HEAD AND NECK SURGEONS. THE MEETING AND OTO EXPO IS ATTENDED BY OVER 6,000 GLOBAL PHYSICIANS, RESEARCHERS AND ALLIED HEALTH PROFESSIONALS WHO GATHER TO REVIEW THE LATEST RESEARCH, COLLABORATE WITH COLLEAGUES AND PARTICIPATE IN HUNDREDS OF HOURS OF OTOLARYNGOLOGY-HEAD AND NECK SPECIFIC CONTINUING MEDICAL EDUCATION.
EDUCATION: THE FOUNDATION PRESENTS A WIDE RANGE OF EDUCATIONAL INITIATIVES AIMED AT INCREASING THE QUALITY OF PATIENT OUTCOMES THROUGH SUPPORTING KNOWLEDGEABLE, COMPETENT, AND PROFESSIONAL PHYSICIANS. THE FOUNDATION CURATES THE KNOWLEDGE BASE AND THEN CONDUCTS THE PLANNING AND PRODUCTION OF EDUCATIONAL ACTIVITIES FOR THE SPECIALTY AS WELL AS OUTREACH EFFORTS FOR NON-OTOLARYNGOLOGIST PHYSICIANS AND ALLIED HEALTH PROFESSIONALS. EDUCATION IS CONDUCTED THROUGH LIVE EVENTS, SUBSCRIPTION PRODUCTS, ONLINE ACTIVITIES, PRINT AND E-PUBLICATIONS AND MOBILE APPLICATIONS.
GUIDELINES AND QUALITY IMPROVEMENT: THROUGH THE DEVELOPMENT OF EVIDENCE-BASED GUIDANCE THAT IS UPDATED AND REFINED BASED ON FEEDBACK FROM OUR CURRENT PRACTICE DATA, WE EMPOWER PHYSICIANS TO PROVIDE THE BEST PATIENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Yaremchuk MD Msa President-Elect (beg Oct) | OfficerTrustee | 5 | $0 |
Duane J Taylor MD Immed. Past President (thru Sept) | OfficerTrustee | 5 | $0 |
Kenneth Altman Secretary-Treasurer (thru Sept) | OfficerTrustee | 5 | $0 |
Steven W Cheung MD MBA Secretary-Treasurer-Elect (beg Oct) | OfficerTrustee | 5 | $0 |
Troy Woodard MD Chair - Bog (beg Oct) | Trustee | 5 | $0 |
Karen Rizzo MD Chair-Elect - Bog (beg Oct) | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Projection Presentation Technology Audio Services (Annual Meeting) | 6/29/22 | $709,663 |
The Expo Group Inc Signage/decorations (Annual Meeting) | 6/29/22 | $616,220 |
Delcor Technology Solutions It Services | 6/29/22 | $359,772 |
Figmd Inc Registry Platform | 6/29/22 | $560,620 |
Sage Publishing Journal Editing | 6/29/22 | $290,773 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,217,613 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,039,949 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,257,562 |
| Total Program Service Revenue | $4,961,769 |
| Investment income | $357,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,073,637 |
| 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 | $13,350,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $225,701 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $975,122 |
| Compensation of current officers, directors, key employees. | $136,517 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,280,957 |
| Pension plan accruals and contributions | $159,573 |
| Other employee benefits | $264,381 |
| Payroll taxes | $205,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,493 |
| Fees for services: Accounting | $24,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,581 |
| Fees for services: Other | $1,227,344 |
| Advertising and promotion | $0 |
| Office expenses | $845,323 |
| Information technology | $329,897 |
| Royalties | $0 |
| Occupancy | $213,682 |
| Travel | $82,464 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,254,299 |
| Interest | $104,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,872 |
| Insurance | $68,682 |
| All other expenses | $0 |
| Total functional expenses | $10,440,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,943,104 |
| Pledges and grants receivable | $118,732 |
| Accounts receivable, net | $150,159 |
| 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 | $596,403 |
| Net Land, buildings, and equipment | $9,954,123 |
| Investments—publicly traded securities | $13,383,255 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,153,429 |
| Total assets | $27,299,205 |
| Accounts payable and accrued expenses | $1,677,989 |
| Grants payable | $0 |
| Deferred revenue | $2,171,812 |
| 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 | $6,781,748 |
| Total liabilities | $10,631,549 |
| Net assets without donor restrictions | $8,861,132 |
| Net assets with donor restrictions | $7,806,524 |
| 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 | $27,299,205 |