Texas Radiological Society
- Assets
- $1.5m
- Revenue
- $580.6k
- Investments
- $0.0
- Employees
- 3
- Location
- San Antonio, TX
- Founding
- 02/1950
- Data as of
- 12/2022
- EIN
- 75-1071973
Organization Overview
Texas Radiological Society, operating under the name Of The American College Of Radiology, is located in San Antonio, TX. The organization was established in 1950. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2022, Of The American College Of Radiology employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Of The American College Of Radiology 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, Of The American College Of Radiology generated $580.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $528.0k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 7 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
THE MISSION OF THE TEXAS RADIOLOGICAL SOCIETY, AS A CHAPTER OF THE AMERICAN COLLEGE OF RADIOLOGY, IS TO SERVE, PROMOTE, AND ADVANCE THE PROFESSION OF RADIOLOGY IN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A FEW WAYS IN WHICH THE TRS ACHIEVES ITS MISSION: - AN ANNUAL MEETING PROVIDING UP TO 20 HOURS OF CME, SAM, ETHICS, RLI, MEP & MODALITY CREDITS FOR DIAGNOSTIC RADIOLOGISTS, RADIATION ONCOLOGIST, MEDICAL PHYSICISTS AND MEMBERS IN TRAINING. - TIMELY RADIOLOGY RELATED NEWS AND UPDATES VIA A NEWSLETTER AND E-MAILS. - ADVANCING EDUCATION IN ECONOMICS AND CHANGES IN PHYSICIAN REIMBURSEMENT. - MAINTAINING PHYSICAN RIGHTS. - OBTAINING MEDICARE AND MEDICAID COVERAGE FOR IMPORTANT STUDIES SUCH AS LOW-DOSE CT SCREENING AND BREAST TOMOSYNTHESIS. - ENHANCED COMMUNICATION AMONG FELLOW RADIOLOGISTS VIA A NEW INTERACTIVE TRS WEBSITE. - ENSURING RADIOLOGISTS ARE REPRESENTED AT REGULATORY AGENCIES SUCH AS THE RAD TECH MEDICAL PHYSICS, AND RVS UPDATE COMMITTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Weatherall MD President | OfficerTrustee | 5 | $0 |
Rajeev Shah MD President Elect | OfficerTrustee | 1 | $0 |
Jay Parikh MD 1st Vice President | OfficerTrustee | 1 | $0 |
Suzanna Spence MD 2nd Vice President | OfficerTrustee | 1 | $0 |
Sarah Avery MD Past President | OfficerTrustee | 1 | $0 |
Melissa Chen MD Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,246 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,246 |
| Total Program Service Revenue | $512,599 |
| Investment income | $36,799 |
| 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 | $580,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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. | $119,456 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,951 |
| Payroll taxes | $11,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,450 |
| Fees for services: Accounting | $5,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,521 |
| Fees for services: Other | $20,252 |
| Advertising and promotion | $0 |
| Office expenses | $52,787 |
| Information technology | $18,993 |
| Royalties | $0 |
| Occupancy | $840 |
| Travel | $8,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $243,317 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,151 |
| All other expenses | $0 |
| Total functional expenses | $528,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,291 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32 |
| 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 | $17,350 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,394,049 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,511,722 |
| Accounts payable and accrued expenses | $3,594 |
| Grants payable | $0 |
| Deferred revenue | $84,215 |
| 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 | $87,809 |
| Net assets without donor restrictions | $1,423,913 |
| 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 | $1,511,722 |