Society For Minimally Invasive Spine Surgery
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Wheaton, IL
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 87-0808332
Organization Overview
Society For Minimally Invasive Spine Surgery is located in Wheaton, IL. The organization was established in 2007. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, 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 For Minimally Invasive Spine Surgery 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, Society For Minimally Invasive Spine Surgery generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $910.5k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE SOCIETY FOR MINIMALLY INVASIVE SPINE SURGERY IS A NON-PROFIT,TAX EXEMPT CHARITABLE ORGANIZATION DEDICATED TO IMPROVING THE HEALTH OF PATIENTS WITH SPINAL DISORDERS AND ADVANCING THE HIGHEST QUALITY MINIMALLY INVASIVE SPINAL CARE FOR PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY FOR MINIMALLY INVASIVE SPINE SURGERY PROVIDES A FORUM FOR THE EXCHANGE OF IDEAS AND FOSTERS OUTCOME-BASED RESEARCH IN THE FIELD OF MINIMALLY INVASIVE SPINAL CARE. IT PROVIDES FOR EDUCATION AND TRAINING OF ITS MEMBERS IN THE LATEST CUTTING-EDGE TECHNOLOGY AND PROMOTES THE SAFE AND EFFECTIVE USE OF TECHNOLOGY IN SPINAL CARE. IT ALSO PROVIDES UP TO DATE RESOURCES FOR PHYSICIANS, PATIENTS AND PATIENT FAMILIES IN AN EFFORT TO IMPROVE HEALTHCARE DELIVERY AND MINIMIZE PATIENT SUFFERING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Phillips MD President | OfficerTrustee | $0 | |
Michael Wang MD Secretary | OfficerTrustee | 1 | $0 |
Sheeraz Qureshi MD President-Elect | OfficerTrustee | 1 | $0 |
Neel Anand MD Treasurer | OfficerTrustee | 5 | $0 |
Isaac Moss MD Mdcm Masc Director At Large | Trustee | 1 | $0 |
Gregory Mundis Jr MD Director At Large | Trustee | 1 | $0 |
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 | $1,085,868 |
| 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 | $1,085,868 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $712,783 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $143,185 |
| Total functional expenses | $910,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,130,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,878 |
| 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 | $1,162,468 |
| Accounts payable and accrued expenses | $214,579 |
| Grants payable | $0 |
| Deferred revenue | $22,450 |
| 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 | $237,029 |
| 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 | $925,439 |
| Total liabilities and net assets/fund balances | $1,162,468 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Radiological Society Of North America Inc Oak Brook, IL | $185,391,800 | $68,158,260 |
American Academy Of Orthopedic Surgeons Rosemont, IL | $161,166,072 | $86,943,619 |
American Association Of Oral And Maxillofacial Surgeons Rosemont, IL | $41,206,566 | $22,790,496 |
Parents As Teachers National Center Inc St Louis, MO | $23,159,778 | $18,168,928 |
American Academy Of Sleep Medicine Darien, IL | $108,922,365 | $16,695,981 |
American Society For Surgery Of The Hand Chicago, IL | $41,276,599 | $13,160,683 |
American Association Of Neurosurgeons Inc Rolling Meadows, IL | $41,529,336 | $10,342,533 |
Society Of Surgical Oncology Inc Rosemont, IL | $13,679,092 | $7,112,657 |
American Society Of Neuroradiology Oak Brook, IL | $16,352,538 | $4,175,596 |
American Association Of Neurological Surgeons Inc Rolling Meadows, IL | $10,516,824 | $3,805,612 |
American Board Of Thoracic Surgery Inc Chicago, IL | $24,489,789 | $2,529,487 |
Osler Institute Terre Haute, IN | $19,048,108 | $2,627,815 |