Healthcare Sterile Processing Association
- Assets
- $11.3m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 28
- Location
- Chicago, IL
- Founding
- 11/1960
- Data as of
- 12/2022
- EIN
- 36-6066612
Organization Overview
Healthcare Sterile Processing Association is located in Chicago, IL. The organization was established in 1960. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Healthcare Sterile Processing Association employed 28 individuals. This organization is the central organization for a national or regional group of organizations. Healthcare Sterile Processing Association 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 12/2022, Healthcare Sterile Processing Association generated $7.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $7.6m during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 8 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 IMPROVE STERILE PROCESSING TECHNIQUES IN HOSPITALS AND ALLIED PATIENT CARE INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CERTIFICATION - PROVIDING CERTIFICATION THAT RECOGNIZES COMPETENCE OF THE ROLES HELD BY MEMBERS.
EDUCATION - PROVIDING EDUCATIONAL COURSES FOR MEMBERS VIA PUBLICATIONS, PERIODICALS, AND LESSON PLANS.
CONFERENCE - ANNUAL MEETING FOR GENERAL DISSEMINATION OF INFORMATION AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Adams Executive Director | Officer | 40 | $295,346 |
Damien Berg VP Of Strategic Initiatives | 40 | $184,100 | |
Susan Klacik Clinical Educator | 40 | $136,882 | |
Natalie Lind Education Director | 40 | $152,883 | |
Julie Williamson Communications Director | 40 | $130,500 | |
Patricia Koncur Education Specialist | 40 | $118,723 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,422,688 |
| Investment income | $288,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $66,160 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $171,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,367,650 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,322,055 |
| 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. | $335,637 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,884,217 |
| Pension plan accruals and contributions | $143,256 |
| Other employee benefits | $202,717 |
| Payroll taxes | $158,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,365 |
| Fees for services: Accounting | $35,900 |
| Fees for services: Lobbying | $292,283 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,488 |
| Fees for services: Other | $205,370 |
| Advertising and promotion | $26,547 |
| Office expenses | $300,741 |
| Information technology | $166,273 |
| Royalties | $0 |
| Occupancy | $257,482 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,232,061 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,892 |
| Insurance | $32,635 |
| All other expenses | $134,061 |
| Total functional expenses | $7,606,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $743,949 |
| Savings and temporary cash investments | $42,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,223 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $209,440 |
| Prepaid expenses and deferred charges | $575,489 |
| Net Land, buildings, and equipment | $50,890 |
| Investments—publicly traded securities | $8,541,157 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,114,157 |
| Total assets | $11,296,242 |
| Accounts payable and accrued expenses | $291,188 |
| Grants payable | $0 |
| Deferred revenue | $1,849,793 |
| 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 | $1,209,733 |
| Total liabilities | $3,350,714 |
| Net assets without donor restrictions | $7,935,458 |
| Net assets with donor restrictions | $10,070 |
| 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 | $11,296,242 |