Open Source Imaging Consortium Inc
- Assets
- $3.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Saugatuck, MI
- Founding
- Data as of
- 12/2021
- EIN
- 83-2517243
Organization Overview
Open Source Imaging Consortium Inc is located in Saugatuck, MI. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Source Imaging Consortium 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 12/2021, Open Source Imaging Consortium Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
TO BRING TOGETHER RADIOLOGISTS, CLINICIANS AND COMPUTATIONAL SCIENTISTS FROM AROUND THE WORLD TO DEVELOP DIGITAL IMAGING BIOMARKERS FOR ACCURATE IMAGING-BASED DIAGNOSIS, PROGNOSIS AND PREDICTION OF RESPONSE TO THERAPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE A RICH REPOSITORY OF APPROXIMATELY 15,000 ANONYMIZED IMAGE SCANS AND CLINICAL DATA AND UTILIZE MACHINE LEARNING TO DEVELOP ALGORITHMS. THE GOAL WILL BE TO PROMOTE THE INCORPORATION OF THOSE ALGORITHMS INTO COMMERCIAL ANALYSIS TOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lars Groenke Secretary | OfficerTrustee | 4 | $0 |
Jan DE Backer Treasurer | OfficerTrustee | 4 | $0 |
Christian Wolfrum Chairman | OfficerTrustee | 4 | $0 |
Elizabeth Estes-Cooper Executive Di | Officer | 20 | $0 |
Yoshikazu Inoue Director | Trustee | 4 | $0 |
Bruno Hochhegger Director | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Imaging Resources Ltd Science Team | 12/30/21 | $162,886 |
Collaborative Science Ventures Llc Management | 12/30/21 | $467,112 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,619,405 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $70 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,619,475 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,619,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| 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 | $360,000 |
| Fees for services: Legal | $31,964 |
| Fees for services: Accounting | $1,562 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,361 |
| Advertising and promotion | $23,250 |
| Office expenses | $0 |
| Information technology | $10,942 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,290 |
| All other expenses | $277 |
| Total functional expenses | $1,109,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,390,759 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,305,403 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,696,162 |
| Accounts payable and accrued expenses | $20,393 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $7,357 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $27,750 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $3,668,412 |
| Total liabilities and net assets/fund balances | $3,696,162 |
Peer Organizations
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|---|---|---|
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The Saturday Evening Post Society Inc Indianapolis, IN | $49,329,518 | $11,274,580 |
National Church Residences Columbus, OH | $6,772,830 | $11,332,666 |
Greater Dayton Area Hospital Assoc Dayton, OH | $5,189,718 | $9,300,133 |
Michigan Nurses Association Okemos, MI | $27,717,414 | $8,418,016 |
Michigan Dental Association Okemos, MI | $14,871,690 | $7,368,661 |
Michigan State Medical Society East Lansing, MI | $15,401,993 | $5,010,247 |
Ohio Nurses Association Hilliard, OH | $4,406,486 | $4,396,631 |
Indiana State Medical Association Indianapolis, IN | $22,274,244 | $4,315,865 |
Health Care Education And Training Inc Indianapolis, IN | $968,136 | $3,323,662 |
Columbus Medical Association Foundation Columbus, OH | $114,076,258 | $935,267 |
Ohio State Medical Association Dublin, OH | $8,799,720 | $5,500,872 |