American Association Of Plastic Surgeons
- Assets
- $8.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 03/1945
- Data as of
- 12/2021
- EIN
- 94-6118700
Organization Overview
American Association Of Plastic Surgeons is located in Beverly, MA. The organization was established in 1945. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, 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. American Association Of Plastic Surgeons 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, American Association Of Plastic Surgeons generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $783.6k 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 STIMULATE AND ADVANCE KNOWLEDGE OF THE SCIENCE AND THE ART OF PLASTIC SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND EDUCATION - THE ASSOCIATION PROVIDES EDUCATIONAL INFORMATION ON RESEARCH AND THE ART OF PLASTIC SURGERY.
COMMITTEES - THE ASSOCIATION ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE ASSOCIATION.
GRANTS - AWARDED TO INDIVIDUALS TO PURSUE ACADEMIC RESEARCH IN PLASTIC SURGERY.
PUBLICATIONS - THE ASSOCIATION PRODUCES A NEWSLETTER, MEMBERSHIP ROSTER, AND OTHER VARIOUS MAILING UPDATES TO THE MEMBERSHIP. CONSENSUS CONFERENCE - AN EXPERT CONSENSUS CONFERENCE PANEL ON DVT PROPHYLAXIS. A STATEMENT ON THE FINDINGS OF THE PANEL WAS PUBLISHED IN THE JOURNAL PLASTIC & RECONSTRUCTIVE SURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda G Phillips MD President/pr | OfficerTrustee | 2 | $0 |
Joseph M Serletti Secretary/tr | OfficerTrustee | 2 | $0 |
Paul S Cederna MD Treasurer | OfficerTrustee | 2 | $0 |
Robert J Havlik MD President El | OfficerTrustee | 2 | $0 |
Wp Andrew Lee MD Vp/secretary | OfficerTrustee | 2 | $0 |
Donald R Mackay MD Past Pres/pr | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $307,130 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $161,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,049 |
| Total Program Service Revenue | $432,099 |
| Investment income | $153,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $249,339 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,303,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $32,770 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| 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 | $144,228 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,703 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,749 |
| Information technology | $21 |
| 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 | $403,862 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,985 |
| All other expenses | $0 |
| Total functional expenses | $783,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $591,333 |
| Savings and temporary cash investments | $102,674 |
| Pledges and grants receivable | $230,276 |
| Accounts receivable, net | $0 |
| 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 | $68,555 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,554,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,547,039 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $60,000 |
| Deferred revenue | $60,918 |
| 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 | $6,450 |
| Total liabilities | $127,368 |
| Net assets without donor restrictions | $1,904,619 |
| Net assets with donor restrictions | $6,515,052 |
| 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 | $8,547,039 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Association Of Plastic Surgeons has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Plastic Surgery Foundation Arlington Heights, IL PURPOSE: RESEARCH FUNDING | $15,000 |
Barrett-Brown Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $7,500 |
Barrett-Brown Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $7,500 |
Endowment Analysis
| Beg. Balance | $6,556,724 |
| Earnings | $669,105 |
| Net Contributions | $109,369 |
| Grants | $73,822 |
| Ending Balance | $7,261,376 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Pediatric Neurosurgical Foundation Inc Boston, MA | $23,682,269 | $14,617,852 |
National Foundation For Facial Reconstruction New York, NY | $25,365,012 | $4,259,290 |
American Association Of Plastic Surgeons Beverly, MA | $8,547,039 | $1,303,749 |
International Society Of Plastic And Aesthetic Nurses Beverly, MA | $733,529 | $567,359 |
Western Thoracic Surgical Association Beverly, MA | $945,768 | $578,792 |
American Association For Hand Surgery Inc Beverly, MA | $4,188,289 | $661,462 |
California Society Of Plastic Surgeons Beverly, MA | $194,465 | $409,161 |
Eye Surgery Fund Inc Eastchester, NY | $4,213,763 | $731,634 |
Aston Plastic Surgery Foundation New York, NY | $2,888,961 | $622,141 |
Surgical Infection Society East Northport, NY | $375,534 | $309,684 |
Stony Brook Surgical Holding Corp Stony Brook, NY | $5,324,341 | $617,523 |
Central Surgical Association Beverly, MA | $202,068 | $274,766 |