Association Of Medical Device Service Organizations
- Assets
- $25.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-0917896
Organization Overview
Association Of Medical Device Service Organizations is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Medical Device Service Organizations 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, Association Of Medical Device Service Organizations generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $27.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
REPRESENTED INDEPENDENT SERVICE PROVIDERS AND LEADS THE EFFORT TO ELEVATE THE QUALITY OF SERVICE, REPAIR AND EDUCATION AVAILABLE FOR MEDICAL DEVICES. AMDSO WAS THE VOICE OF REUSABLE MEDICAL DEVICES AGAINST THE UNNECESSARY REGULATORY BURDEN OF MEDICAL DEVICE SERVICING SAFETY AND ACCOUNTABILITY ACT (H.R. 2118). PROMOTED ISOS VOLUNTARY EFFORTS TO ENSURE HIGH QUALITY REPAIRS, MAINTAIN ORIGINAL FUNCTION AND UNWAVERING COMMITMENT TO PATIENT SAFETY TO THE FDA AS THEY COLLECTED INFORMATION FOR THEIR REPORT ON QUALITY, SAFETY AND EFFECTIVENESS. AMDSO HAS CONTRIBUTED TO VARIOUS EFFORTS TO IMPROVE QUALITY SYSTEM PRINCIPLES ADOPTION AND IMPLEMENTATION. DEFENDED AGAINST MISPERCEPTIONS INTRODUCED IN THE MARKETPLACE THAT CAN MISLEAD HEALTHCARE PROVIDERS, CAUSING THEM TO QUESTION HOW AND WHETHER THE SERVICES OF ISOS PROVIDE CAN MEET THEIR PARTICULAR NEEDS. AMDSO BELIEVES THE MEDICAL DEVICE OWNER SHOULD HAVE THE ABILITY TO CHOOSE THEIR SERVICE PARTNER TO ACHIEVE HOSPITAL FINANCIAL GOALS, REDUCE CAPITAL EXPENDITURES BY EXTENDING THE USEFUL LIFE OF DEVICES AND EDUCATE STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Anbari Chairman | 1 | $0 | |
Monty Wenk Treasurer | 1 | $0 | |
Gerald Goigitzer Vice Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,000 |
| Total expenses | $27,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,403 |
| Other assets | $0 |
| Total assets | $25,403 |
| Total liabilities | $2,000 |
| Net assets or fund balances | $23,403 |