Association Of Military Surgeons Of The U S, operating under the name Amsus, is located in Gaithersburg, MD. The organization was established in 1944. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2024, Amsus employed 10 individuals. This organization is the central organization for a national or regional group of organizations. Amsus 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 06/2024, Amsus generated $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.3m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
AMSUS WORKS TO PROVIDE FOR THE ADVANCEMENT OF FEDERAL MEDICINE BY PROVIDING A FORUM AND CONTINUING MEDICAL EDUCATION CREDITS FOR OUR MEMBERS, CONTRIBUTE TO THE IMPROVEMENT OF HEALTHCARE IN THE NATION THROUGH POLICY STUDY, AND IMPROVE THE EFFECTIVENESS OF THE FEDERAL HEALTH CARE SERVICES
Describe the Organization's Program Activity:
ANNUAL CONTINUING EDUCATION MEETING: THE ASSOCIATION PROVIDES A FORUM FOR MEMBERS TO EXCHANGE IDEAS AND LEARN MORE ABOUT MILITARY AND FEDERAL MEDICINE DEVELOPMENTS, ISSUES, AND TOPICS. THROUGH ITS ANNUAL MEETING, MEMBERS HAVE THE OPPORTUNITY TO MEET AND DISCUSS CURRENT TRENDS OR RESEARCH INTO THE FIELD.
PUBLICATIONS: THE ASSOCIATION SUPPORTS A MAGAZINE BOTH IN PRINT AND ONLINE FORM WHICH PROVIDES THE LATEST DISCUSSION, RESEARCH, AND INSIGHT INTO INDUSTRY TOPICS AND TRENDS.
MEMBERSHIP: THE ASSOCIATION IMPROVES THE EFFECTIVENESS, PROFESSIONAL DEVELOPMENT, AND ESPRIT DE CORPS OF ITS MEMBERS AND THE FEDERAL HEALTHCARE SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John M Cho MD Executive Dir. | Officer | 35 | $239,308 |
Ken Canestrini COO | Officer | 35 | $190,000 |
Col Allen Middleton Usaf Msc Ret Director | Trustee | 1.75 | $0 |
Csm Althea Green PHD Usa Ret Director | Trustee | 1.75 | $0 |
Mg Philip Volpe Mc Usa Ret Chairman | Trustee | 2.5 | $0 |
Lt Gen Mark Ediger Usaf Mc Ret Director | Trustee | 1.75 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gaylord National Resort And Convention Center Facility Rental | 6/29/24 | $262,071 |
Oxford University Press Publishing | 6/29/24 | $386,050 |
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 | $22,025 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,025 |
Total Program Service Revenue | $3,115,152 |
Investment income | $218,694 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $194,261 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$6,989 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,236 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,546,874 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
Grants and other assistance to domestic individuals. | $4,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $479,620 |
Compensation of current officers, directors, key employees. | $370,058 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $416,737 |
Pension plan accruals and contributions | $17,006 |
Other employee benefits | $26,296 |
Payroll taxes | $63,542 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $51,943 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,990 |
Fees for services: Other | $9,725 |
Advertising and promotion | $4,618 |
Office expenses | $2,035 |
Information technology | $40,070 |
Royalties | $0 |
Occupancy | $0 |
Travel | $17,537 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $655,550 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,944 |
Insurance | $7,928 |
All other expenses | $0 |
Total functional expenses | $2,263,488 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $495,231 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $186,879 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,877 |
Prepaid expenses and deferred charges | $66,177 |
Net Land, buildings, and equipment | $5,867 |
Investments—publicly traded securities | $6,536,694 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,293,725 |
Accounts payable and accrued expenses | $96,586 |
Grants payable | $0 |
Deferred revenue | $1,158,890 |
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 | $1,255,476 |
Net assets without donor restrictions | $5,981,049 |
Net assets with donor restrictions | $57,200 |
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 | $7,293,725 |