American Society Of Plastic Surgeons
- Assets
- $48.3m
- Revenue
- $26.1m
- Investments
- -$4.8m
- Employees
- 117
- Location
- Arlington Heights, IL
- Founding
- 06/1960
- Data as of
- 06/2021
- EIN
- 94-1535436
Organization Overview
American Society Of Plastic Surgeons is located in Arlington Heights, IL. The organization was established in 1960. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2021, American Society Of Plastic Surgeons employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Plastic Surgeons 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 06/2021, American Society Of Plastic Surgeons generated $26.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $20.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Society Of Plastic Surgeons has awarded 34 individual grants totaling $4,626,932. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASPS PROMOTES THE HIGHEST STANDARDS IN ADVOCACY, RESEARCH, EDUCATION, PATIENT SAFETY, AND ETHICAL STANDARDS FOR PLASTIC SURGERY, OUR MEMBERS, AND THEIR PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AN ANNUAL CONFERENCE DEVOTED TO SHARING INNOVATIVE PLASTIC SURGERY TECHNIQUES, TECHNOLOGIES, PROCEDURES, AND INDUSTRY BEST PRACTICES.
TO SUPPORT ITS MEMBERS IN THEIR EFFORTS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE AND MAINTAIN PROFESSIONAL AND ETHICAL STANDARDS THROUGH ONGOING EDUCATIONAL PROGRAMS.
TO RESEARCH AND REPORT ON DEVELOPMENTS IN GOVERNMENT HEALTH CARE POLICY AND REGULATION, TO COORDINATE A COMPREHENSIVE MULTI-SPECIALTY SURVEY OF AMERICA'S PLASTIC SURGEON PRACTICES, TO IDENTIFY KEY EMERGING ISSUES IN PLASTIC SURGERY, AND TO REPORT ON FINDINGS THROUGH INDUSTRY-WIDE PUBLICATIONS AND PRESS RELEASES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Costelloe Executive Vice President | OfficerTrustee | 50 | $460,239 |
Keith Hume Sr. VP Of Programs And Policy - Past | Officer | 45 | $258,312 |
Mark Espinosa Sr. Vice President And CFO | Officer | 45 | $255,590 |
Lynn Jeffers MD Immediate Past Asps President | OfficerTrustee | 10 | $195,765 |
Renee Robbins Vp, Education, Meetings & Corp. Development | Officer | 45 | $189,155 |
Jennifer Cross Vp, Business Development & Affiliate Relations | 45 | $189,155 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rodney J Rohrich Md Editor-in-chief, Journal Of Plastic | 6/29/21 | $424,966 |
Vedder Price Pc Legal Services | 6/29/21 | $462,755 |
Endless Events Event Production | 6/29/21 | $304,546 |
The Many Llc Consulting Services | 6/29/21 | $200,000 |
Lynn Jeffers Md Past President | 6/29/21 | $195,765 |
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 | $1,706,506 |
| Noncash contributions included in lines 1a–1f | $118,227 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,706,506 |
| Total Program Service Revenue | $14,404,331 |
| Investment income | $668,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,213,206 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,089,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $881,281 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,067,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $254,507 |
| 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. | $1,744,450 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,764,923 |
| Pension plan accruals and contributions | $663,774 |
| Other employee benefits | $1,195,696 |
| Payroll taxes | $688,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $462,976 |
| Fees for services: Accounting | $54,418 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $161,773 |
| Fees for services: Other | $2,464,422 |
| Advertising and promotion | $919,029 |
| Office expenses | $597,350 |
| Information technology | $725,568 |
| Royalties | $0 |
| Occupancy | $351,930 |
| Travel | $60,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $651,107 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $229,859 |
| Insurance | $116,303 |
| All other expenses | $0 |
| Total functional expenses | $20,363,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,739 |
| Savings and temporary cash investments | $9,877,013 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,367,115 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $190,175 |
| Prepaid expenses and deferred charges | $1,173,983 |
| Net Land, buildings, and equipment | $1,297,927 |
| Investments—publicly traded securities | $28,683,777 |
| Investments—other securities | -$4,774,858 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,809,106 |
| Total assets | $48,279,977 |
| Accounts payable and accrued expenses | $3,051,242 |
| Grants payable | $0 |
| Deferred revenue | $10,134,593 |
| 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 | $13,185,835 |
| Net assets without donor restrictions | $35,018,394 |
| Net assets with donor restrictions | $75,748 |
| 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 | $48,279,977 |
Grants Awarded
Over the last fiscal year, American Society Of Plastic Surgeons has awarded $222,812 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington Heights, IL PURPOSE: RESEARCH | $192,812 |
WERD LLC PURPOSE: AWARD | $10,000 |
Bordentown, NJ PURPOSE: LEGISLATION SUPPORT | $10,000 |
Park City, UT PURPOSE: LEGISLATION SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Society Of Plastic Surgeons has recieved totaling $15,250.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $15,000 |
Helping Hands International New York, NY PURPOSE: CHARITABLE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Thoracic Surgeons Chicago, IL | $85,174,703 | $30,556,358 |
American Society Of Plastic Surgeons Arlington Heights, IL | $48,279,977 | $26,067,473 |
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
Society For Vascular Surgery Rosemont, IL | $23,352,063 | $12,701,709 |
American Association Of Hip & Knee Surgeons Rosemont, IL | $10,620,526 | $7,068,995 |
American Academy Of Implant Dentistry Chicago, IL | $16,470,148 | $5,381,022 |
American Society Of Colon & Rectal Surgeons Bannockburn, IL | $41,199,504 | $5,540,929 |
Plastic Surgery Foundation Arlington Heights, IL | $23,860,142 | $3,721,510 |
American Board Of Oral And Maxillofacial Surgery Chicago, IL | $15,928,377 | $5,078,520 |
American Association For The Surgery Of Trauma Chicago, IL | $10,372,551 | $4,224,330 |
American College Of Mohs Surgery Inc Milwaukee, WI | $7,985,638 | $3,126,672 |
American Society For Laser Medicine And Surgery Inc Wausau, WI | $9,109,536 | $2,069,294 |