Asco Association, operating under the name Association For Clinical Oncology, is located in Alexandria, VA. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Association For Clinical Oncology employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Clinical Oncology 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, Association For Clinical Oncology generated $15.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $14.3m during the year ending 12/2022. 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
OUR MISSION IS TO CONQUER CANCER THROUGH ADVOCACY FOR RESEARCH, EDUCATION, AND THE PROMOTION OF THE HIGHEST QUALITY, EQUITABLE PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O:MEMBER SERVICES: THE ASSOCIATION WORKS TO SUPPORT AND EDUCATE ITS GLOBAL NETWORK OF NEARLY 45,000 ONCOLOGY PROFESSIONAL MEMBERS, MAINTAINING ONLINE FORUMS THAT ALLOW MEMBERS TO DISCUSS ISSUES OF PROFESSIONAL INTEREST, SUPPORTING INTERNATIONAL REGIONAL COUNCILS, AND RECRUITING MEMBERS FOR, AND TRACKING PARTICIPATION IN, VOLUNTEER ACTIVITIES RELATED TO THE ASSOCIATION, INCLUDING SERVING ON COMMITTEES.
SEE SCHEDULE O:ACCREDITATION & CERTIFICATION: THE ASSOCIATION CONDUCTS AN ACCREDITATION PROGRAM THAT PROMOTES THE PRACTICE OF ITS MEMBERS BY MAINTAINING AND IMPROVING THE QUALITY OF MEDICAL CARE AVAILABLE TO THE PUBLIC AND MAINTAINING HIGH STANDARDS OF EXCELLENCE IN ONCOLOGY. THE QUALITY ONCOLOGY PRACTICE INITIATIVE (QOPI) CERTIFICATION PROGRAM ("QCP") PROVIDES A THREE-YEAR CERTIFICATION RECOGNIZING HIGH-QUALITY CARE FOR OUTPATIENT HEMATOLOGY-ONCOLOGY PRACTICES. THE QCP STANDARDS WERE ADAPTED FROM THE CHEMOTHERAPY ADMINISTRATION SAFETY STANDARDS CODEVELOPED BY ASCO AND THE ONCOLOGY NURSING SOCIETY (ONS). THEY ARE INTENDED TO REDUCE THE RISK OF ERRORS AND PROMOTING THE SAFE HANDLING OF CHEMOTHERAPY AGENTS. PARTICIPATING PRACTICES RECEIVE SITE SURVEYS BY EXPERIENCED ONCOLOGY PROFESSIONALS TO ASSESS COMPLIANCE WITH ALL QCP STANDARDS THROUGH INTERVIEWS, OBSERVATION, AND MEDICAL RECORD REVIEWS. PARTICIPANTS RECEIVE REPORTS DOCUMENTING THEIR LEVEL OF COMPLIANCE WITH EACH CERTIFICATION STANDARD AND MAKING RECOMMENDATIONS OR REQUIREMENTS FOR IMPROVED CARE. QCP CERTIFICATION RECOGNIZES HIGH PERFORMING PRACTICES AND IS NOT REQUIRED FOR ANY PROFESSIONAL LICENSING, NOR IS IT REQUIRED OF THE ASSOCIATION'S MEMBERS. 320 HEMATOLGY-ONCOLOGY PRACTICES WERE ACTIVELY CERTIFIED IN 2022.
SEE SCHEDULE O:ADVOCACY: THE ASSOCIATION'S ADVOCACY WORK FOCUSES ON ASSURING HIGH-QUALITY CARE FOR ALL PATIENTS WITH CANCER. WORKING WITH VOLUNTEER MEMBERS AND AFFILIATED STATE AND REGIONAL ONCOLOGY SOCIETIES, ASCO ENGAGES WITH THE ADMINISTRATION, CONGRESS, AND STATE LAWMAKERS TO ADDRESS ISSUES OF CRITICAL IMPORTANCE TO CANCER CARE AND RESEARCH. THE ASSOCIATION'S ADVOCACY PORTFOLIO INCLUDES CLINICAL RESEARCH, INSURANCE COVERAGE FOR CANCER CARE, CLINICAL PRACTICE, WORKFORCE, DISPARITIES, COST AND ACCESS, SURVIVORSHIP, AND CANCER PREVENTION. ADVOCACY ACTIVITIES INCLUDE TRACKING, ANALYZING, AND INFLUENCING PENDING LEGISLATION AND REGULATIONS, AND EDUCATING BOTH MEMBERS AND POLICYMAKERS ABOUT THE IMPACT OF POLICY ON CANCER PATIENTS, CLINICIANS, AND CLINICAL RESEARCH. IN 2022, THE ASSOCIATION WAS SUCCESSFUL IN ITS EFFORTS TO OBTAIN INCREASED FUNDING FOR CANCER RESEARCH, WITH A $2.5 BILLION NIH FUNDING INCREASE OVER FY22 AND A $408 MILLION NCI FUNDING INCREASE OVER FY22, INCLUDING FULL FUNDING FOR THE FINAL YEAR OF THE CANCER MOONSHOT. ADDITIONALLY, THE FISCAL YEAR 2023 SPENDING PACKAGE PASSED BY CONGRESS REDUCED THE 4.47% CUT IN THE MEDICARE PHYSICIAN FEE SCHEDULE FINAL RULE BY 2.5%, LEADING TO A FINAL ESTIMATED CUT OF APPROXIMATELY 2% FOR 2023; WAIVED THE 4% MEDICARE STATUTORY PAY-AS-YOU-GO (PAYGO) CUT FOR 2023 AND 2024; AND EXTENDED THE ADVANCED ALTERNATIVE PAYMENT MODEL BONUS, PROVIDING A 3.5% INCENTIVE PAYMENT (DOWN FROM 5%) FOR 2023. FINALLY, THE HOUSE OF REPRESENTATIVES PASSED PRIOR AUTHORIZATION LEGISLATION, HR 3173, THE IMPROVING SENIORS' TIMELY ACCESS TO CARE ACT, AND MORE THAN HALF THE SENATE COSPONSORED PRIOR AUTHORIZATION LEGISLATION, THE MOST EVER. IN THE STATES, STEP THERAPY LAWS UPDATED IN COLORADO, KENTUCKY, MASSACHUSETTS, AND TENNESSEE; PRIOR AUTHORIZATION LAWS PASSED IN MICHIGAN AND LOUISIANA; AND A COMBINED PRIOR AUTHORIZATION AND STEP THERAPY LAW WAS ENACTED IN PENNSYLVANIA. ADDITIONALLY, COPAY ACCUMULATORS BANS WERE ENACTED IN MAINE, WASHINGTON, AND DELAWARE. ASCO ALSO SUPPORTED FEDERAL AGENCY POLICIES THAT RESULTED IN EXPANDED ACCESS TO ACA MARKETPLACE HEALTH PLANS (CURRENTLY A 13% INCREASE IN ENROLLMENT THIS YEAR COMPARED TO LAST), EXPANDED ACCESS TO COLORECTAL SCREENING FOR MEDICARE BENEFICIARIES, AND FIXED A LOOPHOLE IN THE ACA THAT HAD PREVIOUSLY PRESENTED A BARRIER TO ACCESS FOR SOME FAMILY MEMBERS OF INDIVIDUALS WITH AVAILABLE EMPLOYER-SPONSORED COVERAGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard A Burris III MD Board Chair (thru 6/22) | OfficerTrustee | 1 | $0 |
Lori J Pierce MD Board Chair (start 6/22) | Trustee | 1 | $0 |
Julie Vose MD MBA Treasurer (thru 6/22) | OfficerTrustee | 1 | $0 |
Jason R Westin MD Ms Treasurer (start 6/22) | OfficerTrustee | 1 | $0 |
Ethan M Basch MD Msc Board Member (start 6/22) | Trustee | 1 | $0 |
A William Blackstock MD Board Member (thru 6/22) | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wolters Kluwer Health Design, Print, Mail | 12/30/22 | $2,361,341 |
Tiber Creek Group Inc Public Affairs | 12/30/22 | $240,000 |
Figmd Inc Data Management | 12/30/22 | $124,911 |
Hbp Inc Design, Print, Mail | 12/30/22 | $123,704 |
Quad Graphics Inc Design, Print, Mail | 12/30/22 | $204,614 |
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 | $58,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $58,500 |
Total Program Service Revenue | $15,152,807 |
Investment income | $4,083 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $232,615 |
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 | $15,448,005 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $145,667 |
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. | $326,654 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,720,086 |
Pension plan accruals and contributions | $292,983 |
Other employee benefits | $495,835 |
Payroll taxes | $330,892 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,800 |
Fees for services: Lobbying | $240,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,080,831 |
Advertising and promotion | $0 |
Office expenses | $235,418 |
Information technology | $211,868 |
Royalties | $0 |
Occupancy | $841,239 |
Travel | $320,828 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $246,581 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $82,262 |
Total functional expenses | $14,306,730 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,795,125 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $166,835 |
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 | $105,651 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,014,564 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,082,175 |
Accounts payable and accrued expenses | $302,756 |
Grants payable | $0 |
Deferred revenue | $11,990,236 |
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 | $1,035,770 |
Total liabilities | $13,328,762 |
Net assets without donor restrictions | -$9,246,587 |
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 | $4,082,175 |
Over the last fiscal year, Asco Association has awarded $79,167 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FRIENDS OF CANCER RESEARCH PURPOSE: CANCER RESEARCH | $25,000 |
REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: CANCER RESEARCH | $54,167 |