2022-05-10T07:23:54-05:00 2021-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2021-01-01 391397899 AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY INC AMER 7158459283 2100 STEWART AVENUE 240 WAUSAU WI 54401 DR OMAR IBRAHIMI TREASURER 7158459283 2022-04-22 1 DR OMAR IBRAHIMI 999009999 MICHAEL J PETERSON CPA P01833529 7158453111 2022-04-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MICHELLE MORRISON 2100 STEWART AVENUE 240 WAUSAU WI 54401 2949158 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 APPLICATIONS OF LASERS AND ENERGY-BASED TECHNOLOGIES WORLDWIDE. 20 20 14 122 114249 88153 740742 901265 724740 695960 316500 393110 94599 78959 1876581 2069294 127351 64773 0 0 816578 812530 0 0 52451 1063994 955011 2007923 1832314 -131342 236980 8489619 9109536 1440935 1090115 7048684 8019421 X THE MISSION OF THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY IS TO PROMOTE EXCELLENCE IN PATIENT CARE BY ADVANCING BIOMEDICAL APPLICATIONS OF LASERS AND ENERGY-BASED 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 881355 0 502415 ASLMS HAD HOPED TO BE IN PERSON IN 2021. HOWEVER, COVID-19 CONTINUED TO IMPACT OUR ABILITY TO DO SO AND THE BOARD MADE THE DECISION TO HOLD THE 2021 EVENT VIRTUALLY. THE PROGRAM INCLUDED 34 EDUCATION ACTIVITIES AND 9 UNIQUE INDUSTRY PRESENTATIONS. CONTENT WAS OFFERED ON DEMAND WITH REGISTRATION PURCHASE FOR 60 DAYS AFTER THE EVENT. 311066 0 126286 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 2021. NEW FOR 2021 MEMBERS HAD FREE ACCESS TO A MONTHLY JOURNAL CLUB WEBINAR. 64773 64773 0 GRANTS FOR RESEARCH, STUDENT TRAVEL AND PROFESSIONAL DEVELOPMENT. 103689 0 79296 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 2021. NO REGISTRATIONS WERE TAKEN. 103689 0 79296 1360883 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 14 0 14 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 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 2100 STEWART AVE STE 240 WAUSAU WI 54401 THOMAS ROHRER MD PAST PRESIDENT 0.50 X X 0 0 0 HENRY CHAN MD PHD FRCP PRESIDENT-ELECT 0.50 X X 0 0 0 PAUL FRIEDMAN MD VICE-PRESIDENT-ELECT 0.50 X X 0 0 0 E VICTOR ROSS MD TREASURER 0.50 X X 0 0 0 SUZANNE L KILMER MD SECRETARY (THRU APR) 0.50 X X 0 0 0 KRISTEN KELLY MD SECRETARY-ELECT 0.50 X X 0 0 0 J STUART NELSON MD PHD HISTORIAN 0.50 X X 0 0 0 DIETER MANSTEIN MD PHD PAST PRESIDENT (THRU APR) 0.50 X X 0 0 0 MURAD ALAM MD MSCI MBA (2021) LASER SURGERY REP 0.50 X 0 0 0 BAHMAN ANVARI PHD (2022) BASIC SCIENCE REP 0.50 X 0 0 0 G DAVID BAXTER TD DPHIL MBA (2022) BASIC SCIENCE REP 0.50 X 0 0 0 LISA BASILAVECCHIO (2023) NURSING/ALLIED HEAL 0.50 X 0 0 0 FREDERICK C BEDDINGFIELD III MD (2022) INDUSTRIAL/R&D REP 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 0.50 X 0 0 0 OMAR A IBRAHIMI MD PHD (2021) LASER SURGERY REP 0.50 X 0 0 0 ARISA E ORTIZ MD (2022) LASER MEDICINE 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 JILL WAIBEL MD (2021) LASER SURGERY REP (THRU APR) 0.50 X 0 0 0 MATTHIAS DONELAN MD (2022) LASER SURGERY REP 0.50 X 0 0 0 MOLLY WANNER MD MBA (2024) LASER SURGERY REP 0.50 X 0 0 0 MACRENE ALEXIADES MD PHD (2024) LASER SURGERY REP 0.50 X 0 0 0 MICHELLE MORRISON EXECUTIVE DIRECTOR 40.00 X 117672 0 13671 117672 0 13671 1 0 0 0 JOHN WILEY & SONS INC PO BOX 416502 BOSTON MA 022416502 PUBLISHING SERVICES 128950 1 619862 73703 143900 63800 73703 901265 COURSES & SEMINARS 611430 487665 398165 89500 VIRTUAL WEBINAR 611430 128999 104250 24749 79296 79296 695960 134327 134327 126286 126286 1055405 794715 1907 260690 -1907 258783 258783 35915 73703 83242 -47327 -47327 2069294 707997 114249 345783 58273 58273 6500 6500 131343 98507 27363 5473 534036 400526 111258 22252 32458 24344 6762 1352 67388 50541 14039 2808 47305 35479 9855 1971 41702 41702 49505 49505 39376 39376 6761 6761 54140 46903 6030 1207 128759 115922 2021 10816 90192 67644 18790 3758 7697 7697 100876 100828 24 24 5709 5709 66953 50214 13949 2790 38793 38793 PUBLICATIONS EXPENSE 191801 191801 SEMINARS & COURSES 28050 28050 BAD DEBT EXPENSE 28000 28000 PRECEPTORSHIP EXPENSE 18206 18206 58491 52687 5804 1832314 1360883 418980 52451 100 842555 456550 204046 137299 31713 76061 126637 618421 523636 157517 94785 7197353 8240274 11987 14228 8050 8489619 9109536 121533 77679 765691 1005148 9811 7288 543900 0 1440935 1090115 X 4273073 4855633 2775611 3163788 7048684 8019421 8489619 9109536 236980 733757 0 X X 0 1 X 1 0 X 906065 1092268 948414 740742 901265 4588754 1736229 1874347 1949543 720740 695960 6976819 19949 118348 38614 6930 35915 219756 2662243 3084963 2936571 1468412 1633140 11785329 20656 51292 27053 22030 65321 186352 0 20656 51292 27053 22030 65321 186352 11598977 214271 245452 258425 224690 260613 1203451 24680 90810 115490 214271 245452 283105 224690 351423 1318941 2876514 3330415 3219676 1693102 1984563 13104270 0.88510 0.90450 0.10060 0.08480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4818906 9540 734868 34746 5528568 4234390 44808 546775 7067 4818906 3449633 128194 665490 8927 4234390 3570764 110259 -175097 10372 45921 3449633 3174972 50368 372358 5887 21047 3570764 0.49144 0.18041 0.32815 0 0 618421 523636 94785 94785 X 2773214 733757 733757 2039457 39376 -9539 29837 2069294 1802477 9539 9539 1792938 39376 39376 1832314 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, 2021 AND 2020, 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 -9,539. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 9,539. SILENT AUCTION 109618 73703 35915 73703 9539 109618 73703 35915 73703 9539 83242 -47327 1 CLEVELAND CLINIC FOUNDATION PO BOX 931517 CLEVELAND OH 44193 340714585 501(C)(3) 49408 0 RESEARCH 1 0 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. ARISA E ORTIZ MD ARISA ORTIZ SERVES AS A DIRECTOR ON THE ORGANIZATIONS BOARD OF DIRECTORS. 4500 RESEARCH AWARD X SILENT AUCTION ITEMS 38 73303 FMV 0 0 0 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 2021 BUDGET WAS APPROVED IN JANUARY 2021 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.