American Orthopaedic Association
- Assets
- $17.1m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 25
- Location
- Rosemont, IL
- Founding
- 11/1937
- Data as of
- 12/2021
- EIN
- 13-6118458
Organization Overview
American Orthopaedic Association is located in Rosemont, IL. The organization was established in 1937. As of 12/2021, American Orthopaedic Association employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Orthopaedic Association 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, American Orthopaedic Association generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGING THE ORTHOPAEDIC COMMUNITY TO DEVELOP LEADERS, STRATEGIES, AND RESOURCES TO GUIDE THE FUTURE OF MUSCULOSKELETAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWN THE BONE IS A WEB-BASED QUALITY IMPROVEMENT PROGRAM DESIGNED TO IMPROVE THE DIAGNOSIS AND MANAGEMENT OF PATIENTS' BONE HEALTH AFTER SUFFERING FRAGILITY FRACTURES. ADDITIONALLY, INDUSTRY GRANTS OF $230,540 AND INDIVIDUAL CONTRIBUTIONS OF $19,405 WERE RECEIVED TO SUPPORT THIS PROGRAM.
VIRTUAL ANNUAL MEETING - MEMBERS ATTEND VARIOUS SCIENTIFIC PRESENTATIONS AND DISCUSSIONS OF CURRENT ISSUES. ADDITIONALLY, INDUSTRY GRANTS OF $58,500 WERE RECEIVED TO SUPPORT THIS PROGRAM.
ACADEMICS IS COMPRISED OF THE CORD/ACADEMICS COMMITTEE AND THE COUNCIL ON ORTHOPAEDIC RESIDENCY DIRECTORS, AND EXPENSES ASSOCIATED TO THIS AREA RELATED TO COMMITTEE MEETINGS AND EDUCATION ACTIVITIES. ADDITIONALLY, INDUSTRY GRANTS OF $51,500 AND INDIVIDUAL CONTRIBUTIONS OF $94,827 WERE RECEIVED TO SUPPORT THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Olds Glavin ESQ Executive Director | Officer | 37.5 | $413,977 |
Jodene Brown Deputy Ex. Director | 37.5 | $205,033 | |
Sarah Murphy Program Director | 37.5 | $125,205 | |
Rex C Haydon MD PHD Faoa Secretary | OfficerTrustee | 2 | $0 |
Kyle J Jeray MD Faoa Treasurer | OfficerTrustee | 2 | $0 |
Christopher D Harner MD Faoa Second Past President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,199,670 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,067,559 |
| Noncash contributions included in lines 1a–1f | $21,022 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,267,229 |
| Total Program Service Revenue | $1,110,720 |
| Investment income | $275,279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,467 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,820,695 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $474,275 |
| Compensation of current officers, directors, key employees. | $151,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,152 |
| Pension plan accruals and contributions | $119,768 |
| Other employee benefits | $82,601 |
| Payroll taxes | $120,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,883 |
| Fees for services: Accounting | $59,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,438 |
| Fees for services: Other | $59,466 |
| Advertising and promotion | $14,184 |
| Office expenses | $87,523 |
| Information technology | $171,284 |
| Royalties | $0 |
| Occupancy | $131,954 |
| Travel | $15,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199,111 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,746 |
| Insurance | $33,225 |
| All other expenses | $0 |
| Total functional expenses | $3,251,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $981,593 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $819,070 |
| Accounts receivable, net | $354,424 |
| 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 | $160,030 |
| Net Land, buildings, and equipment | $480,825 |
| Investments—publicly traded securities | $13,722,072 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $115,162 |
| Other assets | $438,271 |
| Total assets | $17,071,447 |
| Accounts payable and accrued expenses | $369,080 |
| Grants payable | $0 |
| Deferred revenue | $289,646 |
| 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 | $380,000 |
| Other liabilities | $108,307 |
| Total liabilities | $1,147,033 |
| Net assets without donor restrictions | $7,615,131 |
| Net assets with donor restrictions | $8,309,283 |
| 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 | $17,071,447 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that American Orthopaedic Association has recieved totaling $67,737.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $45,700 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
Thorpe Family Foundation Inc Bluffton, SC PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Endowment Analysis
| Beg. Balance | $2,092,580 |
| Earnings | $251,359 |
| Net Contributions | $2,494 |
| Other Expense | $79,578 |
| Ending Balance | $2,666,865 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bd Of Emergency Medicine East Lansing, MI | $44,767,678 | $20,372,727 |
Cleveland University-Kansas City Overland Park, KS | $43,651,008 | $22,055,355 |
Good Shepherd Geriatric Center Inc Mason City, IA | $49,080,316 | $22,498,287 |
Mary Free Bed Orthotics And Prosthetics Grand Rapids, MI | $19,898,229 | $18,562,852 |
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
American Board Of Psychiatry And Neurology Inc Deerfield, IL | $183,693,828 | $29,385,701 |
Parents As Teachers National Center Inc St Louis, MO | $23,159,778 | $18,168,928 |
American Academy Of Sleep Medicine Darien, IL | $108,922,365 | $16,695,981 |
American College Of Chest Physicians Glenview, IL | $44,983,631 | $16,629,705 |
Dallas Lighthouse For The Blind Inc Wichita, KS | $32,560,477 | $11,748,345 |
Families Of Sma Elk Grove Village, IL | $11,297,459 | $15,022,219 |
Chicago House And Social Service Agency Chicago, IL | $6,194,238 | $16,845,150 |