Academy Of Osseointegration is located in Arlington Heights, IL. The organization was established in 1991. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Osseointegration 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 12/2023, Academy Of Osseointegration generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE ORAL HEALTH BY ADVANCING THE SCIENCE, ETHICS AND PRACTICE OF IMPLANT DENTISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SCIENTIFIC MEETING - THE 2023 MEETING WAS HELD IN PERSON IN SAN DIEGO CA AND VIRTUALLY ATTRACTED OVER 1,310 MEMBERS AND NON-MEMBERS. THE PURPOSE OF MEETING WAS EDUCATIONAL IN NATURE AND WORKSHOPS AND SESSIONS GIVEN TO ENABLE PARTICIPANTS TO LEARN THE LATEST DEVELOPMENT IN THE FIELD OF IMPLANT DENTISTRY.
PUBLICATION OF JOURNAL - CIRCULATION OF THE INTERNATIONAL JOURNAL OF ORAL AND MAXILLOFACIAL IMPLANTS APPROXIMATES 3,400.
GRANTS AND AWARDS - DENTAL AWARDS ARE GIVEN TO THE OUTSTANDING STUDENTS AT LEADING DENTAL SCHOOLS AS RECOMMENDED BY EACH SCHOOL'S FACULTY. IN 2023, 50 AWARDS WERE MADE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hom-Lay Wang DDS MSD PHD President | OfficerTrustee | 4 | $62,500 |
Amerian D Sones Past President | OfficerTrustee | 4 | $12,500 |
Robert C Vogel DDS Vice President | OfficerTrustee | 4 | $0 |
Jeorg Neugebauer DDS President-Elect | OfficerTrustee | 4 | $0 |
Joseph Yk Kan DDS Ms Secretary | OfficerTrustee | 4 | $0 |
Jospeh P Fiorellini DMD Dmsc Treasurer | OfficerTrustee | 4 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Executive Administration Inc Management Services | 12/30/23 | $2,159,705 |
Freeman Audio Visual | 12/30/23 | $759,577 |
Quintessence Publishing Journal Publisher | 12/30/23 | $301,616 |
Smart City Network Event Coordinator | 12/30/23 | $114,721 |
Aramark Sports & Entertainment Catering | 12/30/23 | $283,358 |
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,627,451 |
| Investment income | $297,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $336,939 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,429,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,260 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,000 |
| 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 | $2,159,705 |
| Fees for services: Legal | $8,948 |
| Fees for services: Accounting | $26,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,027 |
| Fees for services: Other | $72,443 |
| Advertising and promotion | $217,663 |
| Office expenses | $85,297 |
| Information technology | $213,999 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $254,380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,671,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $28,217 |
| All other expenses | $18,536 |
| Total functional expenses | $5,448,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $939,120 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,451 |
| 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 | $482,308 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,741,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,210,301 |
| Accounts payable and accrued expenses | $112,792 |
| Grants payable | $0 |
| Deferred revenue | $2,077,582 |
| 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 | $19,446 |
| Total liabilities | $2,209,820 |
| Net assets without donor restrictions | $10,000,481 |
| 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 | $12,210,301 |