Texas Society Of Anesthesiologists
- Assets
- $6.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Austin, TX
- Founding
- 06/1968
- Data as of
- 12/2023
- EIN
- 74-1445957
Organization Overview
Texas Society Of Anesthesiologists is located in Austin, TX. The organization was established in 1968. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Texas Society Of Anesthesiologists employed 6 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Texas Society Of Anesthesiologists 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 12/2023, Texas Society Of Anesthesiologists generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 5 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
THE PURPOSE OF THE TEXAS SOCIETY OF ANESTHESIOLOGISTS IS TO ADVANCE, PROMOTE AND SUPPORT THE PRACTICE OF THE MEDICAL SPECIALTY OF ANESTHESIOLOGY IN THE STATE OF TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING WITH EDUCATIONAL SCIENTIFIC PROGRAM DESIGNED FOR ANESTHESIOLOGISTS AND RESIDENT ANESTHESIOLOGISTS WHO ARE MEMBERS OF TSA AND THEIR COLLEAGUES IN SURROUNDING STATES. THE ANNUAL MEETING IS FOUR DAYS AND 36 AMA PRA CATEGORY 1 CREDITS ARE OFFERED.
THE SOCIETY ALSO PROVIDES AN ANNUAL INTERIM EDUCATIONAL PROGRAM IN CONJUNCTION WITH THE TEXAS MEDICAL ASSOCIATION OFFERING 6 HOURS OF AMA PRA CATEGORY 1 CREDITS.
THE TSA BULLETIN IS PUBLISHED BIANNUALLY TO INFORM MEMBERS OF CURRENT SCIENTIFIC, LEGISLATIVE AND ECONOMIC ISSUES INVOLVING ANESTHESIOLOGY. THE TSA NEWSLETTER IS PUBLISHED EACH SPRING TO ANNOUNCE THE INTERIM MEETING AND HOUSE OF DELEGATES ELECTION RESULTS, AND TO ADVISE MEMBERS OF ACTIONS TAKEN BY THE BOARD OF DIRECTORS. BOTH PUBLICATIONS ARE SENT TO APPROXIMATELY 2,500 MEMBERS.
LEGAL RESEARCH AND MONITORING OF PROPOSED LEGISLATION AND LEGISLATIVE ACTIVITY, AS WELL AS EFFORTS TO SECURE PASSAGE OF LEGISLATION BENEFICIAL TO THE MEDICAL PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Udaya B Padakandla MD President | OfficerTrustee | 5 | $0 |
George W Williams MD Immediate Past-President | OfficerTrustee | 5 | $0 |
Amr Abouleish MD President-Elect | OfficerTrustee | 5 | $0 |
Zachary S Jones MD Secretary | OfficerTrustee | 5 | $0 |
Elizabeth Rebello MD Treasurer | OfficerTrustee | 5 | $0 |
Carlos-Nicholas Lee MD Assistant Treasurer | OfficerTrustee | 5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,201,439 |
| Investment income | $131,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,942 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,420,502 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,374 |
| Grants and other assistance to domestic individuals. | $12,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,643 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,821 |
| Pension plan accruals and contributions | $49,863 |
| Other employee benefits | $34,638 |
| Payroll taxes | $41,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,141 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $174,900 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,761 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100,846 |
| Information technology | $22,848 |
| Royalties | $0 |
| Occupancy | $77,772 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $369,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,437 |
| Insurance | $7,808 |
| All other expenses | $0 |
| Total functional expenses | $1,682,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,118 |
| Savings and temporary cash investments | $454,742 |
| 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 | $21,541 |
| Net Land, buildings, and equipment | $1,047 |
| Investments—publicly traded securities | $5,465,630 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $194,221 |
| Total assets | $6,308,299 |
| Accounts payable and accrued expenses | $70,198 |
| Grants payable | $0 |
| Deferred revenue | $630,000 |
| 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 | $197,728 |
| Total liabilities | $897,926 |
| Net assets without donor restrictions | $5,410,373 |
| 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 | $6,308,299 |
Grants Awarded
Over the last fiscal year, Texas Society Of Anesthesiologists has awarded $57,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: GRANT | $25,000 |
TEXAS PUBLIC POLICY FOUNDATION PURPOSE: SPONSORSHIP | $7,500 |
UT MEDICAL BRANCH AT GALVESTON PURPOSE: GRANT | $25,000 |