American Society Of Breast Surgeons
- Assets
- $10.4m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 18
- Location
- Columbia, MD
- Founding
- 12/1997
- Data as of
- 06/2023
- EIN
- 54-1765370
Organization Overview
American Society Of Breast Surgeons is located in Columbia, MD. The organization was established in 1997. 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 06/2023, American Society Of Breast Surgeons employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Breast Surgeons 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 06/2023, American Society Of Breast Surgeons generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.6m during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 8 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 ENCOURAGE THE STUDY OF BREAST SURGERY AND SERVE AS A FORUM FOR THE EXCHANGE OF IDEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING: THE SOCIETY HOLDS AN ANNUAL MEETING TO PROVIDE CONTINUING MEDICAL EDUCATION FOR SURGEONS WHO TREAT BREAST DISEASE. THIS FIVE DAY EVENT OFFERS SURGEONS THE OPPORTUNITY FOR HANDS-ON TRAINING IN THE LATEST TECHNIQUES. THERE ARE PRESENTATIONS BY EXPERTS AND SCIENTIFIC SESSIONS HIGHLIGHTING ADVANCES IN RESEARCH. THE MEETING SERVES AS A FORUM FOR MEMBERS TO EXCHANGE IDEAS AND GAIN EXPOSURE TO NEW TECHNOLOGIES.
CERTIFICATION AND ACCREDITATION: THE SOCIETY OFFERS CERTIFICATION AND ACCREDITATION IN BREAST ULTRASOUND AND STEREOTACTIC BREAST BIOPSY PROCEDURES. CERTIFICATION DEMONSTRATES AN INDIVIDUAL SURGEON'S DEDICATION TO QUALITY PATIENT CARE AND PUBLIC SAFETY THROUGH ADHERENCETO ESTABLISHED STANDARDS FOR PERFORMANCE OF THESE PROCEDURES. THE PROGRAM OFFERS A MEANS OF RECOGNITION TO INDIVIDUAL SURGEONS WHO MEET CRITERIA IN THE AREAS OF CLINICAL EXPERIENCE, TRAINING, AND QUALITY ASSURANCE. ACCREDITATION IS DESIGNED TO ENSURE THAT FACILITIES HAVE METTHE APPLICABLE REQUIREMENTS REGARDING PERSONNEL (PHYSICIANS, ULTRASOUND TECHNOLOGISTS, PHYSICIAN ASSISTANTS, NURSE PRACTITIONERS, AND NURSES), EQUIPMENT, QUALITY CONTROL AND QUALITY ASSURANCE PROGRAMS, AND ACCURACY OF EXAMINATIONS AND PROCEDURES BEING PERFORMED.
MEMBERSHIP SERVICES: THE SOCIETY OFFERS FOUR CATEGORIES OF MEMBERSHIP AS WELL AS A SPECIAL MEMBERSHIP CATEGORY FOR PATIENT ADVOCATES. MEMBERS OF THE AMERICAN SOCIETY OF BREAST SURGEONS STAY INFORMED WITH THE MOST UP-TO-DATE RESOURCES, MEDICAL EDUCATION OPPORTUNITIES AND VALUABLE PRACTICE-ENHANCING TOOLS. OUR BENEFITS ARE DESIGNED TO SUPPORT MEMBERS IN THEIR PRACTICE AND PROFESSION, ALLOWING THEM TO CUSTOMIZE THEIR OPTIONS BASED ON THEIR INDIVIDUAL NEEDS. CREATE A PERSONALIZED CME PROGRAM, EXPLORE OUR ONLINE EDUCATIONAL OFFERINGS, ATTEND AN ANNUAL MEETING, AND NETWORK WITH COLLEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathalie G Johnson President | OfficerTrustee | 5 | $7,000 |
Susan K Boolbol President-Elect | OfficerTrustee | 5 | $6,000 |
Eric R Manahan Secretary/treasurer | OfficerTrustee | 5 | $6,000 |
Jill R Dietz Chair | OfficerTrustee | 5 | $6,000 |
Julie A Margenthaler Past President | OfficerTrustee | 5 | $6,000 |
Michael P Berry Director | Trustee | 5 | $6,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wynn Las Vegas Annual Meeting Venue And Catering | 6/29/23 | $1,280,231 |
Freeman Audio Visual Annual Meeting Audio & Visual | 6/29/23 | $308,910 |
Viticus Group Offsite Lab Course Hosting For Annual Me | 6/29/23 | $109,092 |
Springer Sbm Research & Development | 6/29/23 | $181,654 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,293,472 |
| Investment income | $246,005 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$128,402 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,449,525 |
| 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. | $375,249 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,349,739 |
| Pension plan accruals and contributions | $37,767 |
| Other employee benefits | $164,922 |
| Payroll taxes | $117,424 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,823 |
| Fees for services: Accounting | $33,444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,039 |
| Fees for services: Other | $231,429 |
| Advertising and promotion | $20,375 |
| Office expenses | $467,171 |
| Information technology | $35,258 |
| Royalties | $0 |
| Occupancy | $389,885 |
| Travel | $127,461 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $975,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,829 |
| Insurance | $29,427 |
| All other expenses | $0 |
| Total functional expenses | $4,592,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,218,913 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,800 |
| 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 | $41,222 |
| Net Land, buildings, and equipment | $19,976 |
| Investments—publicly traded securities | $6,842,428 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $264,198 |
| Total assets | $10,429,537 |
| Accounts payable and accrued expenses | $258,575 |
| Grants payable | $0 |
| Deferred revenue | $1,129,815 |
| 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 | $286,237 |
| Total liabilities | $1,674,627 |
| Net assets without donor restrictions | $8,754,910 |
| 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 | $10,429,537 |