American Association Of Plastic Surgeons is located in Beverly, MA. The organization was established in 1945. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Plastic Surgeons 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 12/2022, American Association Of Plastic Surgeons generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 11.2% per year over the past 5 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 STIMULATE AND ADVANCE KNOWLEDGE OF THE SCIENCE AND THE ART OF PLASTIC SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND EDUCATION - THE ASSOCIATION PROVIDES EDUCATIONAL INFORMATION ON RESEARCH AND THE ART OF PLASTIC SURGERY.
PUBLICATIONS - THE ASSOCIATION PRODUCES A NEWSLETTER, MEMBERSHIP ROSTER, AND OTHER VARIOUS MAILING UPDATES TO THE MEMBERSHIP. CONSENSUS CONFERENCE - AN EXPERT CONSENSUS CONFERENCE PANEL ON DVT PROPHYLAXIS. A STATEMENT ON THE FINDINGS OF THE PANEL WAS PUBLISHED IN THE JOURNAL PLASTIC & RECONSTRUCTIVE SURGERY.
GRANTS - AWARDED TO INDIVIDUALS TO PURSUE ACADEMIC RESEARCH IN PLASTIC.
COMMITTEES - THE ASSOCIATION ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert J Havlik MD President/pr | OfficerTrustee | 2 | $0 |
Wp Andrew Lee MD President El | OfficerTrustee | 2 | $0 |
Arun K Gosain MD Vp/historian | OfficerTrustee | 2 | $0 |
Joseph M Serletti MD Secretary | OfficerTrustee | 2 | $0 |
Paul S Cederna MD Treasurer | OfficerTrustee | 2 | $0 |
Linda G Phillips MD Past Pres/pr | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $284,800 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $176,040 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $460,840 |
Total Program Service Revenue | $653,181 |
Investment income | $141,276 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$723 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,254,574 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
Grants and other assistance to domestic individuals. | $126,202 |
Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $175,395 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,579 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $34,609 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $942,442 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,164 |
All other expenses | $4,312 |
Total functional expenses | $1,475,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $336,276 |
Savings and temporary cash investments | $102,705 |
Pledges and grants receivable | $195,341 |
Accounts receivable, net | $0 |
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 | $35,013 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $6,316,785 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,986,120 |
Accounts payable and accrued expenses | $2,000 |
Grants payable | $40,000 |
Deferred revenue | $97,725 |
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 | $139,725 |
Net assets without donor restrictions | $1,340,536 |
Net assets with donor restrictions | $5,505,859 |
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 | $6,986,120 |