International Federation Of Societies For Surgery Of The Hand
- Assets
- $2.2m
- Revenue
- $801.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 66-0457384
Organization Overview
International Federation Of Societies For Surgery Of The Hand is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Federation Of Societies For Surgery Of The Hand 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 12/2022, International Federation Of Societies For Surgery Of The Hand generated $801.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $178.0k during the year ending 12/2022. While expenses have increased by 1.5% 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
TO COORDINATE THE ACTIVITIES OF THE VARIOUS SOCIETIES FOR SURGERY OF THE HAND THROUGHOUT THE WORLD, AND IN THIS WAY INCREASE AND SPREAD KNOWLEDGE OF SURGERY OF THE HAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FEDERATION CONDUCTS A MAJOR SCIENTIFIC EVENT EVERY THREE YEARS (THE "CONGRESS"). THE CONGRESS INCLUDES SCIENTIFIC PUBLICATIONS AND A FULL SCIENTIFIC PROGRAM INCLUDING LECTURES AND PRESENTATIONS. ATTENDEES INCLUDE MEMBERS OF THE FEDERATION'S MEMBER ORGANIZATIONS AND TRAINEE SURGEONS FROM AROUND THE WORLD. IN 2019, THIS CONGRESS WAS HELD IN BERLIN, GERMANY (JUNE 17TH - JUNE 21ST) AND WAS RUN IN CONJUNCTION WITH THE LOCAL SOCIETY. A COMBINED ATTENDANCE OF SURGEONS AND THERAPISTS TOTALLED OVER 4,000 DELEGATES FROM 92 COUNTRIES. IN 2022 THE NEXT SCIENTIFIC CONGRESS WAS HELD IN LONDON, UNITED KINGDOM, (JUNE 6TH-10TH) AND ATTRACTED 3,765 REGISTRANTS FROM 91 COUNTRIES. THE ACTIVITY FROM THIS CONGRESS IS REPORTED IN THIS 2022 FORM 990.
THE FEDERATION SUPPORTS THE DEVELOPMENT AND ADVANCEMENT OF THE SCIENCE OF HAND SURGERY WORLDWIDE BY MAKING GRANTS TO OTHER NOT-FOR-PROFIT HAND SURGERY SOCIETIES TO FUND EDUCATIONAL OPPORTUNITIES AND ACTIVITIES LIKELY TO IMPROVE THE QUALITY OF HAND SURGERY THROUGHOUT THE WORLD. IN 2022 FURTHER SURGICAL TRAINING PROGRAMS WERE CONDUCTED IN CENTRAL AFRICA (KENYA). FUNDING WAS PROVIDED TO ASSIST TRAINEES AND SURGEONS FROM LMIC ATTEND THE ASIAN-PACIFIC HAND SURGERY CONGRESS AND THE WORLD CONGRESS ON CONGENITAL MALFORMATIONS. THERAPIST COLLEAGUES WERE ASSISTED WITH TRAVEL GRANTS AND A GRANT WAS AWARDED TO COMMENCE PRODUCTION OF A HAND SURGERY TEXTBOOK.
THE FEDERATION PUBLISHES AN EZINE (E-MAGAZINE) WHICH INCLUDES SCIENTIFIC ARTICLES CONTRIBUTED BY VARIOUS INDIVIDUAL SURGEONS, MEDICAL PROFESSIONALS, PROFESSORS AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Garcia Elias President,immed Past President | OfficerTrustee | 1 | $0 |
Daniel Nagle President-Elect, President | OfficerTrustee | 1 | $0 |
S Raja Sabapathy Secretary-Gen'l, President-Elect | OfficerTrustee | 1 | $0 |
David Warwick Communications Dir, Secretary-Gen'l | OfficerTrustee | 1 | $0 |
Jin Bo Tang Mbr-At-Large, Communications Dir | OfficerTrustee | 1 | $0 |
Francisco Del Pinal Member-At-Large | 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 | $500,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,000 |
| Total Program Service Revenue | $286,484 |
| Investment income | $15,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $801,902 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $59,823 |
| 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 | $15,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,015 |
| Fees for services: Accounting | $3,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,273 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,910 |
| Information technology | $1,754 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,095 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,314 |
| All other expenses | $30,777 |
| Total functional expenses | $178,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $490,143 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,741,543 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,231,686 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,741,250 |
| Net assets with donor restrictions | $490,436 |
| 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 | $2,231,686 |