2023-05-04T08:10:06-05:00 2022-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2022-01-01 391397899 AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY INC AMER 7158459283 100 N 72ND AVE WAUSAU WI 54401 DR OMAR IBRAHIMI TREASURER 7158459283 2023-05-02 1 DR OMAR IBRAHIMI 999009999 0 MICHAEL J PETERSON CPA P01833529 7158453111 2023-04-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MICHELLE MORRISON 100 N 72ND AVE WAUSAU WI 54401 4358099 0 X WWW.ASLMS.ORG X 1981 WI THE MISSION OF THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY IS TO PROMOTE EXCELLENCE IN PATIENT CARE BY ADVANCING BIOMEDICAL APPLICATION OF LASERS AND OTHER RELATED TECHNOLOGIES WORLDWIDE. 19 19 13 160 176794 125060 901265 780873 695960 2242486 393110 224160 78959 400023 2069294 3647542 64773 150866 0 0 812530 918652 0 0 59990 955011 2232166 1832314 3301684 236980 345858 9109536 7739689 1090115 873823 8019421 6865866 X THE MISSION OF THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY IS TO PROMOTE EXCELLENCE IN PATIENT CARE BY ADVANCING BIOMEDICAL APPLICATION OF LASERS AND OTHER RELATED TECHNOLOGIES WORLDWIDE.THE VISION OF ASLMS IS TO BE THE WORLD'S PRE-EMINENT RESOURCE FOR BIOMEDICAL LASER AND ENERGY-BASED TECHNOLOGIES, RESEARCH, EDUCATION, AND CLINICAL KNOWLEDGE. 0 0 1729720 0 1979054 THE SOCIETY HELD THE 2022 CONFERENCE IN PERSON. IN ADDITION TO AN IN PERSON OPTION FOR OUR ANNUAL CONFERENCE, WE ALSO OFFERED A LIVE STREAMING OPTION FOR THOSE THAT COULD NOT/DID NOT FEEL COMFORTABLE ATTENDING IN PERSON. THIS INCLUDED 43 LEARNING ACTIVITIES, 9 INDUSTRY SPONSORED SESSIONS AND 10 HANDS-ON DEVICE DEMONSTRATION SESSIONS. 610489 0 137429 AS PART OF THEIR ANNUAL MEMBERSHIP TO THE SOCIETY, MEMBERS RECEIVE A JOURNAL SUBSCRIPTION, ELECTRONIC NEWSLETTERS, AND HAVE ACCESS TO AN ONLINE DIRECTORY. THE VARIOUS PUBLICATIONS ARE DESIGNED TO KEEP MEMBERS CURRENT ON LASER TECHNOLOGY. ELEVEN ISSUES OF THE OFFICIAL JOURNAL OF THE ASLMS WERE PUBLISHED IN 2022. 150866 150866 0 GRANTS FOR RESEARCH, STUDENT TRAVEL AND PROFESSIONAL DEVELOPMENT. 203496 0 388229 OTHER PROGRAM SERVICES RELATE TO COURSES AND SEMINARS AS PART OF REGIONAL OR ONLINE EDUCATION PROGRAMS - DUE TO COVID-19, A REGIONAL COURSE WAS NOT HELD IN 2022. NO REGISTRATIONS WERE TAKEN. 203496 0 388229 2694571 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 13 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CA CO CT DC FL GA IL KS KY ME MD MA MI MN NH NJ NM NY NC OH PA RI TN UT VA WA WI X MICHELLE MORRISON 7158459283 100 N 72ND AVE WAUSAU WI 54401 MICHELLE MORRISON EXECUTIVE DIRECTOR 40.00 X 119500 0 13698 PAUL FRIEDMAN MD PRESIDENT 0.50 X X 0 0 0 ARISA E ORTIZ MD VICE PRESIDENT 0.50 X X 0 0 0 MURAD ALAM MD MSCI MBA PRESIDENT-ELECT 0.50 X X 0 0 0 HENRY CHAN MD PHD FRCP PAST PRESIDENT 0.50 X X 0 0 0 THOMAS ROHRER MD PAST PRESIDENT (THRU APR) 0.50 X X 0 0 0 KRISTEN KELLY MD SECRETARY 0.50 X X 0 0 0 OMAR A IBRAHIMI MD PHD TREASURER 0.50 X X 0 0 0 E VICTOR ROSS MD TREASURER (THRU APR) 0.50 X X 0 0 0 J STUART NELSON MD PHD HISTORIAN 0.50 X X 0 0 0 MACRENE ALEXIADES MD PHD (2024) LASER SURGERY REP 0.50 X 0 0 0 BAHMAN ANVARI PHD (2022) BASIC SCIENCE REP (THRU APR) 0.50 X 0 0 0 LISA BASILAVECCHIO (2023) NURSING/ALLIED HEAL 0.50 X 0 0 0 G DAVID BAXTER TD DPHIL MBA (2022) BASIC SCIENCE REP (THRU APR) 0.50 X 0 0 0 FREDERICK C BEDDINGFIELD III MD (2022) INDUSTRIAL/R&D REP (THRU APR) 0.50 X 0 0 0 JAY BHAWALKAR PHD (2023) INDUSTRIAL/MARKETIN 0.50 X 0 0 0 BRIAN S BIESMAN MD (2022) LASER SAFETY REP (THRU APR) 0.50 X 0 0 0 ANNE CHAPAS MD (2025) LASER SURGERY REP 0.50 X 0 0 0 MATTHIAS DONELAN MD (2022) LASER SURGERY REP (THRU APR) 0.50 X 0 0 0 LILIT GARIBYAN MD PHD (2025) BASIC SCIENCE REP 0.50 X 0 0 0 BRAD HAUSER (2025) INDUSTRIAL/R&D REP 0.50 X 0 0 0 H RAY JALIAN MD (2024) LASER SAFETY REP 0.50 X 0 0 0 THOMAS MILNER PHD (2024) BASIC SCIENCE REP 0.50 X 0 0 0 NAZANIN SAEDI MD (2023) LASER MEDICINE 0.50 X 0 0 0 KEVIN SCHOMACKER PHD (2023) BIOMEDICAL ENGINEER 0.50 X 0 0 0 MOLLY WANNER MD MBA (2024) LASER SURGERY REP 0.50 X 0 0 0 CHRISTOPHER ZACHARY (2025) LASER MEDICINE REP 0.50 X 0 0 0 119500 0 13698 1 0 0 0 CENTERPLATE 111 WEST HARBOR DR SAN DIEGO CA 92101 FOOD AND BEVERAGE CATERER 308176 SMART CITY NETWORKS 5795 BADURA AVE 110 LAS VEGAS NV 89118 TELECOMMUNICATIONS SERVICE PROVIDER 161580 AOE CONSULTING LLC 5575 S SYCAMORE ST STE 235 LITTLETON CO 80120 BUSINESS MANAGEMENT CONSULTANT 131405 CHARLES SCHWAB PO BOX 982600 EL PASO TX 79998 INVESTMENT MANAGEMENT 122389 AGS EXPOSITION SERVICES 4561 34TH STREET STE A ORLANDO FL 32811 EXPOSITION SERVICES 118925 6 649463 58908 72502 58908 780873 COURSES & SEMINARS 611430 1929368 1785868 143500 VIRTUAL WEBINAR 611430 226480 193186 33294 86638 86638 2242486 123432 123432 137429 137429 727821 805 627898 0 99923 805 100728 100728 43662 58908 82659 -38997 -38997 INSURANCE PROCEEDS 900099 301591 301591 301591 3647542 2504712 176794 185163 144366 144366 6500 6500 133199 98789 28860 5550 613108 454722 132840 25546 36422 27013 7891 1518 84028 62321 18206 3501 51895 38489 11244 2162 37813 37813 55191 55191 36742 36742 11677 11677 59705 51594 6803 1308 107564 96764 478 10322 72725 53938 15757 3030 51026 51026 1267149 1264361 1394 1394 182 182 30137 22498 6407 1232 43715 43715 PUBLICATIONS EXPENSE 197201 197201 SEMINARS & COURSES 98854 98854 UNRELATED BUSINESS INCO 41182 41182 PRECEPTORSHIP EXPENSE 12250 12250 109053 2208 102418 4427 3301684 2694571 547123 59990 456550 397840 137299 64386 31713 6114 126637 279624 163928 100620 94785 63308 8240274 6904856 14228 14359 8050 9202 9109536 7739689 77679 87605 1005148 780866 7288 5352 1090115 873823 X 4855633 4311418 3163788 2554448 8019421 6865866 9109536 7739689 345858 -1499413 0 X X 0 1 X 1 0 X 1092268 948414 740742 901265 780873 4463562 1874347 1949543 720740 695960 2367283 7607873 118348 38614 6930 35915 43662 243469 3084963 2936571 1468412 1633140 3191818 12314904 51292 27053 22030 65321 32356 198052 0 51292 27053 22030 65321 32356 198052 12116852 245452 258425 224690 260613 260861 1250041 24680 90810 126060 241550 245452 283105 224690 351423 386921 1491591 3330415 3219676 1693102 1984563 3578739 13806495 0.87760 0.88510 0.10800 0.10060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5528568 6087 -935965 7372 4591318 4818906 9540 734868 34746 5528568 4234390 44808 546775 7067 4818906 3449633 128194 665490 8927 4234390 3570764 110259 -175097 10372 45921 3449633 0.49585 0.10769 0.39646 0 0 163928 100620 63308 63308 X 2132955 -1499413 -1499413 3632368 36742 -21568 15174 3647542 3286510 21568 21568 3264942 36742 36742 3301684 PART V, LINE 4: THE SOCIETY'S ENDOWMENTS CONSIST OF FOUR FUNDS ESTABLISHED TO BENEFIT THE SOCIETY FOR A VARIETY OF PURPOSES. THE SOCIETY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO PRESERVE THE FAIR VALUE OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION IS ALSO EXEMPT FROM STATE TAXATION. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE -21,568. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 21,568. SILENT AUCTION 102570 58908 43662 58908 23751 102570 58908 43662 58908 23751 82659 -38997 1 THE REGENTS OF THE UNIVERSITY OF CALIFORNIA IRVINE OFFICE OF RESEARCH 160 ALDRICH HALL IRVINE CA 92617 952226406 501(C)(3) 69366 0 RESEARCH MA GENERAL HOSPITAL 399 REVOLUTION DRIVE SOMMERVILLE MA 02145 042697983 501(C)(3) 70000 0 RESEARCH COSMETIC LASER DERMATOLOGY A WEST DERMATOLOGY CO 9339 GENESEE AVE STE 300 SAN DIEGO CA 92121 020628321 5000 0 RESEARCH 2 1 HORACE FURUMOTO RESEARCH AWARD 2 5500 RICHARD FITZPATRICK RESEARCH AWARD 1 1000 PART I, LINE 2: PER THE GRANT APPLICATION: APPLICANTS WILL HAVE 60 DAYS OF THE AWARD BEING MADE TO PROVIDE EVIDENCE THEY ARE AGGRESSIVELY PURSUING APPROVAL. EACH GRANT RECIPIENT'S SITUATION WILL BE MONITORED AND EVALUATED INDIVIDUALLY, AND AT A POINT IN TIME THAT IT APPEARS APPROVAL WILL NOT BE GIVEN, OR THE APPLICANT IS NOT DILIGENT IN PURSUING APPROVAL, THE GRANT AWARD WILL BE WITHDRAWN. ASLMS MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE RECIPIENTS TO SIGN A GRANT ACCEPTANCE FORM WHICH OUTLINES THE GRANT FINANCING AND GRANT EXPENDITURE REPORTING REQUIREMENTS. BY SIGNING THE ACCEPTANCE FORM, THE RECIPIENT AGREES TO THE DESCRIBED SCHEDULE OF GRANT PAYMENTS, THE RECIPIENT AGREES TO RETURN ALL RESEARCH GRANT FUNDS WHICH ARE NOT EXPENDED IN THE COMPLETION OF THE RESEARCH PROJECT, AND THAT UPON REQUEST BY ASLMS, THE RECIPIENT WILL PROMPTLY PROVIDE THE SOCIETY WITH A SUMMARY OF THE FUNDS EXPENDED BY THE RECIPIENT ON THE RESEARCH PROJECT. LILIT GARIBYAN LILIT GARIBYAN SERVES AS A DIRECTOR ON THE ORGANIZATIONS BOARD OF DIRECTORS 4500 RESEARCH AWARD X SILENT AUCTION ITEMS 28 58908 FMV 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION TRACKS THE NUMBER OF CONTRIBUTIONS FOR THEIR SILENT AUCTION. FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY UTILIZES AN INDUSTRY ADVISORY COUNCIL, MADE UP OF 7 ORGANIZATIONS. THERE ARE THREE CLASSES OF VOTING MEMBERS. ASSOCIATES ARE SCIENTISTS, PHYSICIANS, OR OTHER HEALTH CARE PROFESSIONALS. FELLOWS ARE ASSOCIATES WHO ACTIVELY PARTICIPATE IN THE SOCIETY AND HAVE BEEN IN GOOD STANDING FOR A PERIOD OF TIME SPECIFIED BY THE BOARD OF DIRECTORS. LIFE MEMBERS ARE ASSOCIATES OR FELLOWS ARE PHYSICALLY UNABLE TO CONTINUE IN SCIENTIFIC, BIOLOGICAL, OR MEDICAL PRACTICE OR HAVE RETIRED FROM THESE INDUSTRIES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE TO ELECT OFFICERS AND BOARD REPRESENTATIVES. FORM 990, PART VI, SECTION A, LINE 7B BY-LAW REVISING VOTED ON BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE GOVERNING BODY (BOARD MEMBERS) BEFORE FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C SOCIETY OFFICERS, MEMBERS OF THE BOARD OF DIRECTORS AND CANDIDATES FOR THOSE POSITIONS, AS WELL AS COMMITTEE MEMBERS, SHALL DISCLOSE FINANCIAL INTERESTS, POTENTIAL CONFLICTS OF INTEREST AND ANY INFORMATION REQUESTED BY STATES IN WHICH THE SOCIETY IS REGISTERED AS A CHARITABLE ORGANIZATION BY COMPLETING AND SIGNING A DISCLOSURE STATEMENT ON AN ANNUAL BASIS AND AS DISCLOSURE INFORMATION CHANGES. ALL MEMBERS OF THE BOARD OF DIRECTORS AND OF COMMITTEES ESTABLISHED BY THE BOARD SHALL VERBALLY DISCLOSE ACTUAL AND POTENTIAL CONFLICTS OF INTEREST INVOLVING ANY PERTINENT ITEM ON A BOARD OR COMMITTEE AGENDA AND SHALL RECUSE FROM DISCUSSION AND VOTING. THE SECRETARY SHALL RECORD SUCH DISCLOSURES AND RECUSALS IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE HUMAN RESOURCE COMMITTEE APPROVES THE INCENTIVE PACKAGES OFFERED TO KEY EMPLOYEES. THE BOARD OF DIRECTOR'S FINANCE COMMITTEE APPROVES THE YEARLY BUDGET, WHICH INCLUDES THE SALARIES OF THESE EMPLOYEES. IN ORDER TO DETERMINE SALARY REASONABLENESS, A PUBLISHED STUDY WAS USED FOR COMPARABILITY. THE 2022 BUDGET WAS APPROVED IN JANUARY 2022 BY CONSENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.