Society Of Radiologists In Ultrasound
- Assets
- $2.7m
- Revenue
- $384.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 05/1993
- Data as of
- 06/2021
- EIN
- 54-1609011
Organization Overview
Society Of Radiologists In Ultrasound is located in Reston, VA. The organization was established in 1993. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, 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. Society Of Radiologists In Ultrasound 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 06/2021, Society Of Radiologists In Ultrasound generated $384.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $269.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 6 years. 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
PROFESSIONAL MEDICAL ORGANIZATION DEDICATED TO FURTHERING THE ADVANCE OF THE SCIENCE, PRACTICE, AND CONTINUED EDUCATION OF THE SPECIALTY OF ULTRASOUND RADIOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - THE SRU PROVIDES MEDICAL EDUCATION ACTIVITIES FOR RADIOLOGISTS. THE OBJECTIVE IS TO DISSEMINATE KNOWLEDGE AND RESEARCH RELATED TO THE FIELD OF RADIOLOGY IN THE SPECIALIZED AREA OF ULTRASOUND. EDUCATION IS CONDUCTED THROUGH MEETINGS, EDUCATIONAL COURSES, AND PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aya Kamaya President | OfficerTrustee | 5 | $0 |
Nirvikar Dahiya Treasurer | OfficerTrustee | 3 | $0 |
Mark Lockhart Secretary | OfficerTrustee | 3 | $0 |
Mary Frates Vice President | OfficerTrustee | 3 | $0 |
Mindy Horrow Past President | OfficerTrustee | 1 | $0 |
William Middelton Past President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American College Of Radiology Management Services | 6/29/20 | $155,155 |
Grand Hyatt Denver Hotel Services For Annual Meeting | 6/29/20 | $105,127 |
Grand Hyatt Denver Hotel Services For Annual Meeting | 6/29/20 | $105,127 |
American College Of Radiology Management Services | 6/29/20 | $155,155 |
American College Of Radiology Management Services | 6/29/20 | $155,155 |
Grand Hyatt Denver Hotel Services For Annual Meeting | 6/29/20 | $105,127 |
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 | $189,106 |
| Investment income | $27,295 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $705 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,303 |
| 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 | $182,461 |
| Fees for services: Legal | $260 |
| Fees for services: Accounting | $2,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,688 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,261 |
| Information technology | $1,377 |
| 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 | $37,106 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,903 |
| All other expenses | $0 |
| Total functional expenses | $269,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,810 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25 |
| 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 | $646 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,052,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,687,130 |
| Accounts payable and accrued expenses | $5,173 |
| Grants payable | $0 |
| Deferred revenue | $108,600 |
| 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 | $49,568 |
| Total liabilities | $163,341 |
| Net assets without donor restrictions | $2,523,789 |
| 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 | $2,687,130 |
Endowment Analysis
| Beg. Balance | $91,797 |
| Earnings | -$4,028 |
| Other Expense | $87,769 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Family Medicine Inc Lexington, KY | $185,304,268 | $55,757,459 |
Advanced Medical Technology Association Washington, DC | $28,228,671 | $41,851,836 |
Endocrine Society Washington, DC | $77,413,545 | $28,429,998 |
American Coatings Association Inc Washington, DC | $33,658,051 | $8,001,381 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
Medical Device Manufactures Association Washington, DC | $2,610,135 | $6,421,044 |
North Carolina Medical Society 203 Raleigh, NC | $15,904,542 | $3,968,420 |
Medical Professional Liability Association Rockville, MD | $4,011,687 | $4,616,937 |
Amda-The Society For Post-Acute And Long-Term Care Medicine Inc Columbia, MD | $3,545,749 | $4,167,777 |
American Board Of Urology Inc Charlottesville, VA | $17,461,531 | $4,211,450 |
National Association Medical Staff Services Washington, DC | $7,292,568 | $4,057,946 |
American Institute For Radiologic Pathology Inc Reston, VA | $1,124,413 | $2,465,118 |