Virginia Society Of Anesthesiologists Inc
- Assets
- $1.3m
- Revenue
- $324.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 11/1966
- Data as of
- 12/2022
- EIN
- 54-6035752
Organization Overview
Virginia Society Of Anesthesiologists Inc is located in Richmond, VA. The organization was established in 1966. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Society Of Anesthesiologists Inc 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 12/2022, Virginia Society Of Anesthesiologists Inc generated $324.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $285.1k during the year ending 12/2022. While expenses have increased by 2.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IT SHALL BE THE PURPOSE OF THIS SOCIETY TO ASSOCIATE AND AFFILIATE INTO ONE ORGANIZATION ALL OF THE REPUTABLE PHYSICIANS IN VIRGINIA WHO ARE ENGAGED IN THE PRACTICE OF OR ARE OTHERWISE INTERESTED IN THE MEDICAL SPECIALTY OF ANESTHESIOLOGY; TO ENCOURAGE SPECIALIZATION IN THIS FIELD AND TO MAKE AVAILABLE AND ALWAYS POSSIBLE THE BENEFITS TO BE DERIVED FROM THE SERVICE OF QUALIFIED ANESTHESIOLOGISTS; TO RAISE THE STANDARDS OF THIS SPECIALTY BY FOSTERING AND ENCOURAGING RESEARCH AND SCIENTIFIC PROGRESS IN ANESTHESIOLOGY; TO DISSEMINATE INFORMATION RELATING TO ANESTHESIOLOGY TO THE MEDICAL PROFESSION AND TO THE PUBLIC; TO GUARD AND PROTECT THE PUBLIC AGAINST THE IRRESPONSIBLE AND UNQUALIFIED PRACTITIONERS OF ANESTHESIOLOGY; TO EDIT AND PUBLISH PUBLICATIONS IN THE FIELD OF ANESTHESIOLOGY AND RELATED FIELDS; TO SAFEGUARD AND FURTHER THE SPECIALTY OF ANESTHESIOLOGY FOR THE GENERAL ELEVATION OF THE STANDARDS OF MEDICAL PRACTICE; AND TO SAFEGUARD THE PROFESSIONAL INTEREST OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HOLD AN ANNUAL MEMBERSHIP MEETING WHICH PROVIDES THE IDEAL FORUM FOR AN INTERCHANGE OF IDEAS, PRESENTATION OF PAPERS AND EDUCATIONAL SEMINARS RELATED TO THE PRACTICE OF ANESTHESIA.
TO PROVIDE THE MEMBERSHIP WITH A NEWSLETTER AND A WEBSITE FROM WHICH EDUCATIONAL AND RESEARCH INFORMATION CAN BE PRESENTED AND DISSEMINATED FOR THE BENEFIT OF THE ANESTHESIA COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Sankaran Raval MD President & Asa Delegate | OfficerTrustee | 2 | $0 |
Craig Stopa MD President-Elect & Asa Delegate | OfficerTrustee | 2 | $0 |
Casey Dowling DO Fasa Treasurer & Asa Delegate | OfficerTrustee | 2 | $0 |
Brooke Trainer MD Secretary & Asa Delegate | OfficerTrustee | 1 | $0 |
Jeffrey A Green MD Msha Fasa Immediate Past President & Asa Director | OfficerTrustee | 1 | $0 |
Fatoumata Kromah MD Asa Delegate | Trustee | 1 | $0 |
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 | $31,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,000 |
| Total Program Service Revenue | $258,500 |
| Investment income | $39,029 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,906 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $48,000 |
| Fees for services: Legal | $51,493 |
| Fees for services: Accounting | $1,975 |
| Fees for services: Lobbying | $9,043 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,101 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,129 |
| Information technology | $9,560 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,120 |
| All other expenses | $25 |
| Total functional expenses | $285,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,090 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $662 |
| 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 | $4,022 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,151,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,259,915 |
| Accounts payable and accrued expenses | $6,896 |
| Grants payable | $0 |
| Deferred revenue | $38,025 |
| 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 | $44,921 |
| Net assets without donor restrictions | $1,199,994 |
| Net assets with donor restrictions | $15,000 |
| 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 | $1,259,915 |