Association Of Surgical Technologists Inc
- Assets
- $22.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Littleton, CO
- Founding
- 10/1970
- Data as of
- 12/2022
- EIN
- 84-0601305
Organization Overview
Association Of Surgical Technologists Inc is located in Littleton, CO. The organization was established in 1970. 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 Of Surgical Technologists Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Surgical Technologists Inc 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 Of Surgical Technologists Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $5.1m during the year ending 12/2022. While expenses have increased by 3.4% 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 ENSURE THAT SURGICAL TECHNOLOGISTS ARE EDUCATIONALLY PREPARED TO ADMINISTER QUALITY PATIENT CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP:INCLUDES ALL ACTIVITIES REGARDING SERVICE AND MAINTENANCE OF MEMBERSHIP OPERATIONS
PUBLICATIONS:INCLUDES ACTIVITY RELATING TO "THE SURGICAL TECHNOLOGIST" A MONTHLY JOURNAL PUBLISHED BY THE ASSOCIATION AND OTHER PUBLICATION ACTIVITIES
CONFERENCE:AN ANNUAL EVENT WHERE THE HOUSE OF DELEGATES MEET TO CARRY ON THE BUSINESS OF THE ASSOCIATION AS WELL AS PROVIDING A WIDE VARIETY OF EDUCATION SESSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Teutsch Executive Director | 40 | $331,511 | |
Allison Wilson Cst Fast Director | Trustee | 1 | $0 |
Dustin Cain Cst Fast Treasurer | OfficerTrustee | 2 | $0 |
Jessica Elliott Cst RN Fast Secretary | OfficerTrustee | 1 | $0 |
Tammy Pearson Cst Csfa Fast Director | Trustee | 1 | $0 |
Nicol Bates Cst Director | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,402,820 |
| Investment income | $223,695 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $135,484 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$55,931 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $231,528 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,939,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $388,488 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,195,426 |
| Pension plan accruals and contributions | $124,107 |
| Other employee benefits | $145,624 |
| Payroll taxes | $105,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,054 |
| Fees for services: Accounting | $19,921 |
| Fees for services: Lobbying | $195,639 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $63,015 |
| Fees for services: Other | $25,780 |
| Advertising and promotion | $0 |
| Office expenses | $26,136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $151,313 |
| Travel | $245,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $700,417 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,521 |
| Insurance | $33,007 |
| All other expenses | $366,875 |
| Total functional expenses | $5,085,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,895,758 |
| Savings and temporary cash investments | $817,412 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $201,581 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,788 |
| Prepaid expenses and deferred charges | $139,266 |
| Net Land, buildings, and equipment | $1,369,565 |
| Investments—publicly traded securities | $6,252,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,708,792 |
| Accounts payable and accrued expenses | $882,823 |
| Grants payable | $0 |
| Deferred revenue | $1,506,732 |
| 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 | $2,389,555 |
| Net assets without donor restrictions | $20,319,237 |
| 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 | $22,708,792 |
Grants Awarded
Over the last fiscal year, Association Of Surgical Technologists Inc has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HEALING THE CHILDREN PURPOSE: OPERATIONS | $10,000 |
FOUNDATION FOR SURGICAL TECHNOLOGY PURPOSE: SCHOLARSHIPS/ OPERATIONS/ MISSION | $20,000 |