The Society Of Cardiovascular Anesthesiologists Inc
- Assets
- $9.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- East Dundee, IL
- Founding
- 01/1986
- Data as of
- 10/2020
- EIN
- 72-0863580
Organization Overview
The Society Of Cardiovascular Anesthesiologists Inc is located in East Dundee, IL. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Cardiovascular Anesthesiologists Inc 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 10/2020, Society Of Cardiovascular Anesthesiologists Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.2m during the year ending 10/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER QUALITY PERIOPERATIVE CARE FOR PATIENTS UNDERGOING CARDIOTHORACIC AND VASCULAR PROCEDURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY PROVIDES EDUCATIONAL MEETINGS AND WORKSHOPS DESIGNED TO ENHANCE PRACTITIONERS' CLINICAL PRACTICE SKILLS.
THE SOCIETY AWARDS GRANTS TO SUPPORT RESEARCH OF CARDIOVASCULAR ANESTHESIOLOGY.
MEMBERSHIP SERVICES FOR THE PURPOSE OF PROMOTING EXCELLENCE IN PERIOPERATIVE CARE FOR PATIENTS UNDERGOING CARDIOTHORACIC AND VASCULAR PROCEDURES THROUGH, AMONG OTHER THINGS, PUBLISHING INFORMATIVE NEWSLETTERS AND UPDATES TO THE WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew D Shaw President | OfficerTrustee | 5 | $0 |
Amanda A Fox Secretary/tr | OfficerTrustee | 5 | $0 |
Kathryn E Glas President-El | OfficerTrustee | 5 | $0 |
Stanton K Shernan Imm. Past Pr | OfficerTrustee | 5 | $0 |
Sue O'sullivan Executive Di | Officer | 1 | $0 |
Ludmil Mitrev Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Management Center Management/other | 10/30/20 | $850,175 |
Veritas Management/other | 10/30/20 | $312,083 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,101 |
| Investment income | $234,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $70,407 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $457,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,331,350 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,000 |
| 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 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 | $895,890 |
| Fees for services: Legal | $17,034 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,054 |
| Fees for services: Other | $86,827 |
| Advertising and promotion | $0 |
| Office expenses | $14,131 |
| Information technology | $228,206 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $574,497 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,156 |
| All other expenses | $0 |
| Total functional expenses | $2,214,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $461,063 |
| 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 | $99,343 |
| Investments—publicly traded securities | $8,117,860 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $50,178 |
| Other assets | $1,000 |
| Total assets | $8,958,834 |
| Accounts payable and accrued expenses | $191,918 |
| Grants payable | $0 |
| Deferred revenue | $221,345 |
| 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 | $0 |
| Total liabilities | $413,263 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $8,545,571 |
Grants Awarded
Over the last fiscal year, The Society Of Cardiovascular Anesthesiologists Inc has awarded $300,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Independence, OH PURPOSE: MICOR GRANT | $200,000 |
Durham, NC PURPOSE: MID-CAREER RESEARCH | $50,000 |
Rochester, MN PURPOSE: STARTER GRANT | $25,000 |
Somerville, MA PURPOSE: GRANT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Society Of Cardiovascular Anesthesiologists Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
International Anesthesia Research Society San Francisco, CA PURPOSE: SOCIETY OF CARDIOVASCULAR ANESTHESIOLOGISTS (SCA): SCA 2018 ONE-TIME RESEARCH CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Society Of Cardiovascular Anesthesiologists Inc East Dundee, IL | $8,958,834 | $2,331,350 |
American Osteopathic College Of Anesthesiologists Lexington, KY | $1,737,589 | $630,829 |
Society For Obstetric Anesthesia And Perinatology Lexington, KY | $2,275,971 | $716,701 |
Society For Education In Anesthesia Milwaukee, WI | $1,363,307 | $231,506 |
Society For Technology In Anesthesia N-P Public Benefit Corp Milwaukee, WI | $215,724 | $0 |