Society Of Chairmen Of Academic Radiology Departments is located in Oak Brook, IL. The organization was established in 1995. 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 Chairmen Of Academic Radiology Departments 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 06/2022, Society Of Chairmen Of Academic Radiology Departments generated $196.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $134.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT IN THE ART AND SCIENCE OF RADIOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVE OF THE SOCIETY IS THE ADVANCEMENT OF THE ART AND SCIENCE OF RADIOLOGY BY 1) PROMOTION OF MEDICAL EDUCATION, RESEARCH, AND PATIENT CARE; 2) DEVELOPMENTS OF METHODS OF UNDERGRADUATE AND GRADUATE TEACHING IN RADIOLOGY; AND 3) PROVISION OF A FORUM FOR DISCUSSION OF PROBLEMS AND MUTUAL INTEREST AMOUNG RADIOLOGY DEPARTMENT CHAIRPERSONS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Thomas Grist MD President | OfficerTrustee | 1 | $0 | 
| Cheri Canon MD Past President | OfficerTrustee | 1 | $0 | 
| Alexander Norbash MD Past President (end 12/2021) | OfficerTrustee | 1 | $0 | 
| Reed Omary MD Ms President- Elect | OfficerTrustee | 1 | $0 | 
| Carolyn C Meltzer MD President- Elect (end 12/2021) | OfficerTrustee | 1 | $0 | 
| Michael Recht MD Secretary- Treasurer | OfficerTrustee | 1 | $0 | 
| 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 | $196,555 | 
| Investment income | $73 | 
| 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 | $196,628 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 | 
| 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 | $25,000 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $12,643 | 
| Fees for services: Lobbying | $13,395 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $10,672 | 
| Advertising and promotion | $0 | 
| Office expenses | $12,592 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $1,544 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $10,649 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $6,096 | 
| All other expenses | $0 | 
| Total functional expenses | $133,984 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $681,508 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $10,000 | 
| 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 | $30,200 | 
| 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 | $721,708 | 
| Accounts payable and accrued expenses | $11,248 | 
| Grants payable | $0 | 
| Deferred revenue | $85,220 | 
| 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 | $96,468 | 
| Net assets without donor restrictions | $625,240 | 
| 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 | $721,708 |