Society Of Cardiovascular Anesthesiologists Inc
- Assets
- $9.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- East Dundee, IL
- Founding
- 01/1986
- Data as of
- 10/2023
- EIN
- 72-0863580
Organization Overview
Society Of Cardiovascular Anesthesiologists Inc is located in East Dundee, IL. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Cardiovascular Anesthesiologists 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 10/2023, Society Of Cardiovascular Anesthesiologists Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.9m during the year ending 10/2023. While expenses have increased by 6.9% per year over the past 4 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.
Since 2020, Society Of Cardiovascular Anesthesiologists Inc has awarded 23 individual grants totaling $1,265,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER QUALITY PERIOPERATIVE CARE FOR PATIENTS UNDERGOING CARDIOTHORACIC AND VASCULAR PROCEDURES.
Describe the Organization's Program Activity:
THE SOCIETY PROVIDES EDUCATIONAL MEETINGS AND WORKSHOPS DESIGNED TO ENHANCE PRACTITIONERS' CLINICAL PRACTICE SKILLS.
THE SOCIETY AWARDS GRANTS TO SUPPORT RESEARCH OF CARDIOVASCULAR ANESTHESIOLOGY.
MEMBERSHIP SERVICES FOR THE PURPOSE OF PROMOTING EXCELLENCE IN PERIOPERATIVE CARE FOR PATIENTS UNDERGOING CARDIOTHORACIC AND VASCULAR PROCEDURES THROUGH, AMONG OTHER THINGS, PUBLISHING INFORMATIVE NEWSLETTERS AND UPDATES TO THE WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew D Shaw Imm Past Pre | OfficerTrustee | 5 | $0 |
Kathryn E Glas President | OfficerTrustee | 5 | $0 |
Amanda A Fox President-El | OfficerTrustee | 5 | $0 |
Doughlas C Shook Secretary/tr | OfficerTrustee | 5 | $0 |
Stanton K Shernan Past Preside | OfficerTrustee | 1 | $0 |
Lisa Rong Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Veritas Association Management Inc Management | 10/30/22 | $550,000 |
Gravity Productions Audio Visual | 10/30/22 | $178,452 |
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 | $45,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,776 |
| Total Program Service Revenue | $2,184,240 |
| Investment income | $545,605 |
| 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 | $2,775,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $415,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $25,000 |
| 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 | $716,916 |
| Fees for services: Legal | $2,945 |
| Fees for services: Accounting | $9,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,781 |
| Fees for services: Other | $56,404 |
| Advertising and promotion | $44,840 |
| Office expenses | $88,237 |
| Information technology | $196,322 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $104,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,122,757 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,988 |
| All other expenses | $0 |
| Total functional expenses | $2,896,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| 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 | $94,153 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,970,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,188,433 |
| Accounts payable and accrued expenses | $17,575 |
| Grants payable | $0 |
| Deferred revenue | $285,036 |
| 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 | $302,611 |
| Net assets without donor restrictions | $7,427,496 |
| Net assets with donor restrictions | $1,458,326 |
| 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 | $9,188,433 |
Grants Awarded
Over the last fiscal year, Society Of Cardiovascular Anesthesiologists Inc has awarded $415,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: MID-CAREER RESEARCH | $15,000 |
THE CLEVELAND CLINIC FOUNDATION PURPOSE: MICOR GRANT | $215,000 |
THE BRIGHAM AND WOMEN'SHOSPITAL INC PURPOSE: GRANT | $30,000 |
UNIVERSITY OF TEXAS HEALTH SCIENCECENTER AT HOUSTON PURPOSE: GRANT | $50,000 |
JOHNS HOPKINS UNIVERSITY PURPOSE: MID-CAREER GRANT | $50,000 |
OFFICE OF RESEARCH SERVICES PURPOSE: PUF AWARD WINNER | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Cardiovascular Anesthesiologists Inc East Dundee, IL | $9,188,433 | $2,775,621 |
Society For Obstetric Anesthesia And Perinatology Lexington, KY | $2,676,356 | $1,143,606 |
American Osteopathic College Of Anesthesiologists Lexington, KY | $1,482,264 | $671,362 |
Society For Education In Anesthesia Milwaukee, WI | $1,278,443 | $291,448 |
Society For Technology In Anesthesia N-P Public Benefit Corp Milwaukee, WI | $300,995 | $0 |