Eastern Orthopaedic Association Inc
- Assets
- $2.0m
- Revenue
- $796.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 12/1971
- Data as of
- 12/2021
- EIN
- 23-1738956
Organization Overview
Eastern Orthopaedic Association Inc is located in Towson, MD. The organization was established in 1971. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, 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. Eastern Orthopaedic Association 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 12/2021, Eastern Orthopaedic Association Inc generated $796.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $675.6k during the year ending 12/2021. While expenses have increased by 1.3% 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
TO PROMOTE, ENCOURAGE, FOSTER, AND ADVANCE THE ART OF SCIENCE AND ORTHOPAEDIC SURGERY AND MATTERS RELATED THERETO, AND TO ESTABLISH A FORUM FOR FREE DISCUSSION AND TEACHING OF ORTHOPAEDIC METHODS AND PRINCIPLES AMONG THE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND FOSTER THE SCIENCE OF MEDICINE IN THE SPECIALTY OF ORTHOPAEDIC SURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amar S Ranawat MD President | OfficerTrustee | 1 | $0 |
John Mcconnell MD Second Vice President | OfficerTrustee | 1 | $0 |
Joshua A Baumfeld Treasurer | OfficerTrustee | 1 | $0 |
Kevin D Plancher MD First Vice President | OfficerTrustee | 1 | $0 |
Marc J Levine MD Immediate Past President | OfficerTrustee | 1 | $0 |
Richard M Wilk MD Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $160,455 |
| Fundraising events | $0 |
| Related organizations | $11,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,455 |
| Total Program Service Revenue | $565,619 |
| Investment income | $28,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,097 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $796,341 |
| 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. | $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 | $259,803 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,289 |
| Office expenses | $24,423 |
| Information technology | $4,686 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,787 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $330,168 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,080 |
| All other expenses | $0 |
| Total functional expenses | $675,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,868 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $241,107 |
| 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 | $56,129 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,653,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,973,283 |
| Accounts payable and accrued expenses | $110,342 |
| Grants payable | $0 |
| Deferred revenue | $135,014 |
| 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 | $167,987 |
| Total liabilities | $413,343 |
| Net assets without donor restrictions | $1,559,940 |
| 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 | $1,973,283 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eastern Orthopaedic Association Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Orthopaedic Research And Education Foundation Rosemont, IL PURPOSE: 2016 Regional New Investigator Award | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Optical Society Of America Inc Washington, DC | $157,741,246 | $51,003,670 |
Infectious Diseases Society Of America Inc Arlington, VA | $64,244,197 | $31,558,220 |
American College Of Medical Genetics And Genomics Bethesda, MD | $5,251,363 | $10,964,294 |
American Association Of Immunologists Inc Rockville, MD | $91,493,241 | $15,247,854 |
American Roentgen Ray Society Leesburg, VA | $36,171,953 | $9,848,662 |
Acog Foundation Washington, DC | $128,825,789 | $4,640,041 |
National Tuberous Sclerosis Association Inc Silver Spring, MD | $14,827,937 | $8,909,542 |
Public Health Accreditation Board Alexandria, VA | $6,402,113 | $3,985,968 |
American College Of Veterinary Surgeons Germantown, MD | $7,052,683 | $4,060,999 |
Life Sciences Pennsylvania King Of Prussia, PA | $1,967,524 | $2,924,770 |
Society Of General Internal Medicine Alexandria, VA | $9,837,369 | $3,557,166 |
American College Of Physicians Services Inc Philadelphia, PA | $3,676,271 | $2,467,201 |