Surgical Science Foundation For Research Development
- Assets
- $18.2m
- Revenue
- $1.7m
- Investments
- $18.0m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/1983
- Data as of
- 12/2021
- EIN
- 93-0846339
Organization Overview
Surgical Science Foundation For Research Development is located in Madison, WI. The organization was established in 1983. According to its NTEE Classification (H9B) the organization is classified as: Surgical Specialties Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Surgical Science Foundation For Research Development 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 12/2021, Surgical Science Foundation For Research Development generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcolm Mcavoy Decamp MD Trustee | 1 | $0 | |
Michael L Bentz MD Trustee | 1 | $0 | |
Charles Leys MD Trustee | 1 | $0 | |
Girma Tefera MD Trustee | 1 | $0 | |
Dr Thomas Pasic Trustee | 1 | $0 | |
James Possin Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $480,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,177,318 |
| Capital Gain Net Income | $1,177,318 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,657,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,073 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $75,431 |
| Contributions, gifts, grants paid | $1,050,000 |
| Total expenses and disbursements | $1,125,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,718 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,823,338 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,092 |
| Total assets | $18,153,193 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arthroscopy Association Of North America Inc Rosemont, IL | $10,779,980 | $6,848,553 |
Surgical Science Foundation For Research Development Madison, WI | $18,153,193 | $1,657,982 |
Thoracic Surgery Directors Association Chicago, IL | $1,272,727 | $465,838 |
Society For Perioperative Assessment And Quality Improvement Glenview, IL | $595,815 | $384,619 |
Subcortical Surgery Group Inc Evanston, IL | $17,379 | $25,000 |
Surgical Outcomes Club Inc Green Bay, WI | $262,829 | $0 |
Operative Plasterers & Cement Masons International Association Troy, IL | $95,180 | $0 |