2021-11-09T14:15:47-06:00 2020-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2020-01-01 363022713 THE SOCIETY OF THORACIC SURGEONS SOCI 3122025800 633 N SAINT CLAIR ST NO 2100 CHICAGO IL 60611 ELAINE WEISS CEO/EXECUTIVE DIRECTOR 3122025800 2021-10-31 1 ELAINE WEISS 999009999 DAVID LOWENTHAL P00378651 3122071040 2021-10-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ELAINE WEISS 633 N SAINT CLAIR ST NO 2100 CHICAGO IL 60611 88515832 0 X WWW.STS.ORG X 1971 IL TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE. 19 19 86 410 1180542 78742 1007698 1064334 23608253 22212068 3013198 5561552 6897810 6581752 34526959 35419706 1116416 1209080 0 0 10820895 11341192 0 0 0 19069938 16388715 31007249 28938987 3519710 6480719 69890330 73521371 17038508 16544548 52851822 56976823 ADVANCE CARDIOTHORACIC SURGEONS' DELIVERY OF THE HIGHEST QUALITY PATIENT CARE THROUGH COLLABORATION, EDUCATION, RESEARCH, AND ADVOCACY. 0 0 EDUCATION - PROVIDE EDUCATIONAL ACTIVITIES AND PUBLISH A JOURNAL REGARDING MEDICAL AND SCIENTIFIC INFORMATION TO OVER 7,500 MEMBERS. HEALTH POLICY - EDUCATE OVER 7,500 MEMBERS ABOUT EXISTING AND PROPOSED LEGISLATION AND REGULATIONS, AND EDUCATE GOVERNMENTAL BODIES ABOUT THE SPECIALTY. QUALITY, RESEARCH, AND PATIENT SAFETY - DEVELOP AND MAINTAIN THE STS NATIONAL DATABASE FOR THORACIC SURGERY CLINICAL OUTCOMES, PROMULGATE CLINICAL PRACTICE GUIDELINES TO ENHANCE PATIENT CARE, AND ENGAGE IN RELATED ACTIVITIES. 0 1 0 1 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 38 0 1 86 1 1 1 0 0 0 1 1 0 0 0 X 19 19 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEITH BURA 3122025815 633 N SAINT CLAIR ST STE 2100 CHICAGO IL 60611 JOSEPH A DEARANI MD PRESIDENT 12.00 4.00 X X 8000 0 0 JOSEPH F SABIK III MD SECRETARY 12.00 4.00 X X 5500 0 0 SEAN C GRODIN MD FIRST VICE PRESIDENT 12.00 4.00 X X 1000 0 0 JOHN H CALHOON MD SECOND VICE PRESIDENT 3.00 0.00 X X 1000 0 0 THOMAS E MACGILLIVRAY MD TREASURER 3.00 4.00 X X 1000 0 0 ROBERT SD HIGGINS MD IMMEDIATE PAST PRESIDENT 2.00 0.00 X X 0 0 0 KEITH S NAUNHEIM MD IMMEDIATE PAST PRESIDENT(THRU 1/20) 2.00 0.00 X X 0 0 0 ANDREW B GOLDSTONE MD RESIDENT DIRECTOR 2.00 0.00 X 0 0 0 DOMENICO PAGANO MD INTERNATIONAL DIRECTOR 2.00 0.00 X 0 0 0 ALAN D SIHOE MD INTERNATIONAL DIRECTOR 2.00 0.00 X 0 0 0 MARC RUEL MD CANADIAN DIRECTOR 2.00 0.00 X 0 0 0 CHRISTOPHER M DRAFT MD PUBLIC DIRECTOR (THRU 1/2020) 2.00 0.00 X 0 0 0 DEBRA A DAROSA MD PUBLIC DIRECTOR 2.00 0.00 X 0 0 0 ROGER NEWTON MD PUBLIC DIRECTOR (THRU 4/2020) 2.00 0.00 X 0 0 0 KEVIN D ACCOLA MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 LEAH M BACKHUS MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 SHANDA H BLACKMON MD DIRECTOR-AT-LARGE (THRU 1/2020) 2.00 4.00 X 0 0 0 JOSEPH C CLEVELAND MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 GREGORY F FONTANA MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 JENNIFER C ROMANO MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 VINHOD H THOURANI MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 JAMES S TWEDDELL MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 ARA A VAPORCIYAN MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 ELAINE WEISS CEO/EXECUTIVE DIRECTOR 60.00 1.00 X 726276 0 92238 WILLIAM SEWARD ASSOCIATE EXECUTIVE DIRECTOR 40.00 0.00 X 373694 0 55602 GRAHAME RUSH ASSOCIATE EXECUTIVE DIRECTOR 40.00 1.00 X 369017 0 55564 ROBERT HABIB DIRECTOR, STS RESEARCH CENTER 40.00 0.00 X 338294 0 55024 KEITH BURA DIRECTOR OF FINANCE & ADMINISTRATION 40.00 1.00 X 271432 0 34298 AVIDAN STERN ASSOCIATE GENERAL COUNSEL 40.00 1.00 X 262961 0 40990 NATALIE BODEN DIR. OF MARKETING & COMMUNICATION 40.00 1.00 X 220002 0 47916 DONNA MCDONALD DIRECTOR OF QUALITY 40.00 0.00 X 236653 0 20176 COURTNEY YOHE DIRECTOR OF GOVERNMENT RELATIONS 40.00 0.00 X 226878 0 23470 SCOTT BRADBURY DIRECTOR OF EDUCATION 40.00 0.00 X 203658 0 38496 COLLEEN DONOHOE DIRECTOR OF MEETINGS AND CONVENTIONS 40.00 0.00 X 165189 0 25892 JANE HAN ASSOCIATE DIRECTOR OF QUALITY 40.00 0.00 X 161454 0 25915 BETH WINER EXECUTIVE DIRECTOR, STSA & TSDA 40.00 0.00 X 149122 0 24731 THERESA LOPEZ SENIOR MANAGER, HUMAN RESOURCES 40.00 0.00 X 136173 0 33102 KEVIN GILMARTIN SENIOR MANAGER - IT 40.00 0.00 X 130122 0 36598 ROBERT WYNBRANDT FORMER OFFICER 0.00 0.00 X 135000 0 0 4122425 0 610012 14 1 1 0 IQVIA RDS INC PO BOX 13979 RESEARCH TRIANGLE PARK NC 27709 DATA WAREHOUSING 4035208 DUKE UNIVERSITY PO BOX 17969 DURHAM NC 27715 DATA WAREHOUSING 2524513 UNIVERSITY OF ALABAMA AT BIRMINGHAM 701 19TH ST SOUTH LHRB 790 BIRMINGHAM AL 35294 DATA WAREHOUSING 2477606 PROJECTION INC PO BOX 890472 CHARLOTTE NC 28289 AUDIO VISUAL 357805 COBALT 2800 EISENHOWER AVE STE 100 ALEXANDRIA VA 22314 IT CONSULTING 306221 17 458334 606000 1064334 NATIONAL DATABASE 611710 8771536 8771536 TVT REGISTRY 611710 4348000 4348000 EDUCATIONAL MEETINGS 611710 3637936 3635558 2378 MEMBERSHIP DUES 611710 2820084 2820084 PUBLICATIONS & SUBSCRIPTIONS 611710 1381768 1381768 1252744 105558 1147186 22212068 960699 960699 6480797 6480797 69977 0 69977 69977 69977 57696927 53096074 4600853 4600853 4600853 80 52 28 28 EBLAST REVENUE 900004 30000 30000 POD CAST REVENUE 900004 950 950 30950 35419706 21062504 1180542 12112326 X 1126991 82089 4732435 4881491 351863 805714 569689 116874 49100 175658 10108932 1069611 444475 585944 257208 1734080 1546890 92954 MEMBERSHIP AND CONTRIBU 85704 UBI TAX 14468 106817 28938987 1778490 1230204 4068132 1601779 1651253 1855440 713014 555419 17267506 7331495 6302295 9936011 50032950 58059757 5344196 282761 69890330 73521371 8980493 9650724 8058015 6893824 17038508 16544548 X 52400064 56497383 451758 479440 52851822 56976823 69890330 73521371 6480719 -2355718 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2566474 655804 -1352392 -696588 359306 -1055894 451757 38987 11305 479439 400665 62200 11108 451757 429133 -16323 12145 400665 406730 35470 13067 429133 407576 9076 9922 406730 1.00000 0 0 2586829 662757 1924072 168594 140943 27651 14512083 6527795 7984288 9936011 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SOCIETY AND RECOGNIZE A TAX LIABILITY IF THE SOCIETY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SOCIETY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT (LIQUIDATED IN 2020) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 GENERAL THORACIC SURGICAL CLUB 633 N SAINT CLAIRE STREET CHICAGO IL 60611 411582726 501(C)(6) 6000 DONATION THORACIC SURGERY DIRECTORS ASSOCIATION 633 N SAINT CLAIRE STREET CHICAGO IL 60611 561196918 501(C)(3) 8760 GRANT SUPPORT AMERICAN ASSOCIATION FOR THORACIC SURGERY 500 CUMMINGS CENTER SUITE 400 BEVERLY MA 01915 046406547 501(C)(6) 10000 SCHOLARSHIP SUPPORT THE THORACIC SURGERY FOUNDATION 633 N SAINT CLAIRE STREET CHICAGO IL 60611 363635910 501(C)(3) 818231 284000 OPERATIONS & GRANT SUPPORT 2 2 TRAVEL REIMBURSEMENT AND LODGING EXPENSE FOR LOOKING TO THE FUTURE SCHOLARSHIPS 60 82089 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE AMOUNTS ARE APPROVED THROUGHOUT THE YEAR ACCORDING TO STS POLICY. STAFF WILL PROCESS THE VARIOUS GRANTS ACCORDING TO THESE AUTHORIZED DIRECTIVES AND WILL FOLLOW UP WITH THE RECIPIENTS ACCORDINGLY. LOOKING TO THE FUTURE SCHOLARSHIP RECIPIENTS ARE REQUIRED TO SUBMIT EXPENSE REPORTS FOR TRAVEL EXPENSES. MAX REIMBURSEMENT ALLOWED IS $500. STS COVERS THEIR LODGING EXPENSES. X X X X 1 1 0 ELAINE WEISS CEO/EXECUTIVE DIRECTOR 657907 0 68369 0 0 0 70450 0 21788 0 818514 0 0 0 WILLIAM SEWARD ASSOCIATE EXECUTIVE DIRECTOR 329991 0 42263 0 1440 0 25650 0 29952 0 429296 0 0 0 GRAHAME RUSH ASSOCIATE EXECUTIVE DIRECTOR 328621 0 38956 0 1440 0 25650 0 29914 0 424581 0 0 0 ROBERT HABIB DIRECTOR, STS RESEARCH CENTER 300259 0 36595 0 1440 0 24971 0 30053 0 393318 0 0 0 KEITH BURA DIRECTOR OF FINANCE & ADMINISTRATION 240706 0 29286 0 1440 0 22577 0 11721 0 305730 0 0 0 AVIDAN STERN ASSOCIATE GENERAL COUNSEL 232010 0 29511 0 1440 0 13153 0 27837 0 303951 0 0 0 NATALIE BODEN DIR. OF MARKETING & COMMUNICATION 194009 0 24553 0 1440 0 18032 0 29884 0 267918 0 0 0 DONNA MCDONALD DIRECTOR OF QUALITY 209372 0 25841 0 1440 0 16886 0 3290 0 256829 0 0 0 COURTNEY YOHE DIRECTOR OF GOVERNMENT RELATIONS 200933 0 24505 0 1440 0 20376 0 3094 0 250348 0 0 0 SCOTT BRADBURY DIRECTOR OF EDUCATION 180133 0 22085 0 1440 0 18575 0 19921 0 242154 0 0 0 COLLEEN DONOHOE DIRECTOR OF MEETINGS AND CONVENTIONS 146358 0 17391 0 1440 0 14768 0 11124 0 191081 0 0 0 JANE HAN ASSOCIATE DIRECTOR OF QUALITY 157927 0 3527 0 0 0 14717 0 11198 0 187369 0 0 0 BETH WINER EXECUTIVE DIRECTOR, STSA & TSDA 136732 0 12390 0 0 0 13715 0 11016 0 173853 0 0 0 THERESA LOPEZ SENIOR MANAGER, HUMAN RESOURCES 125558 0 10615 0 0 0 12350 0 20752 0 169275 0 0 0 KEVIN GILMARTIN SENIOR MANAGER - IT 119105 0 11017 0 0 0 12196 0 24402 0 166720 0 0 0 ROBERT WYNBRANDT FORMER OFFICER 0 0 0 0 135000 0 0 0 0 0 135000 0 0 0 PART I, LINES 4A-B LINE 4A: ROBERT WYNBRANDT, FORMER EXECUTIVE DIRECTOR AND GENERAL COUNSEL, RECEIVED A SEVERANCE PAYMENT DURING 2020 OF $135,000. LINE 4B: EXECUTIVE DIRECTOR, ELAINE WEISS, PARTICIPATES IN A 457(F) PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2020. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING 2020. THE FOLLOWING ITEMS WERE REVISED: ARTICLE III, SECTION 2 AND 5 - APPROVAL OF APPLICATIONS SHALL NOW BE THE RESPONSIBILITY OF THE EXECUTIVE COMMITTEE. ARTICLE III, SECTION 7 - PRE-CANDIDATE MEMBERS ENROLLED IN AN APPROPRIATELY RECOGNIZED EDUCATIONAL PROGRAM ARE ALLOWED TO REMAIN PRE-CANDIDATE MEMBERS FOR A MAXIMUM OF ONE YEAR FOLLOWING COMPLETION OF EDUCATION. ARTICLE V, SECTION 3 - A TOTAL OF 8 DIRECTORS-AT-LARGE SHALL BE ELECTED FOR STAGGERED TERMS OF 3 YEARS EACH. AT LEAST 2 DIRECTORS-AT-LARGE SHALL BE ELECTED ON AN ANNUAL BASIS, EXCEPT THAT THE BOARD OF DIRECTORS MAY SHORTEN THE TERM OF A DIRECTOR-AT-LARGE TO 2 YEARS OR 1 AS NECESSARY TO STAGGER TERMS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP SOCIETY AND HAS OVER 7,500 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERSHIP AT ITS ANNUAL MEETING PURSUANT TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY (E.G., REGARDING DUES AND BYLAWS AMENDMENTS) ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE ITS FORM 990. MANAGEMENT THEN REVIEWED THE COMPLETED FORM 990 AND PROVIDED A FULL COPY TO ALL VOTING MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS (I.E., THE GOVERNING BODY). THE VOTING MEMBERS OF THE GOVERNING BODY WERE GIVEN A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO MANAGEMENT OR SENIOR CORPORATE OFFICERS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES, AND OTHERS ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A REQUIREMENT OF SERVICE. THE STATEMENT ON STS DISCLOSURE POLICY AND GUIDELINES REGARDING CONFLICTS OF INTEREST IS READ AT THE BEGINNING OF EVERY BOARD OF DIRECTORS, COMMITTEE, COUNCIL OPERATING BOARD, AND WORKFORCE MEETING. IF A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST EXISTS, THE PERSON WITH SUCH A CONFLICT MUST DISCLOSE THE RELATIONSHIP AND REFRAIN FROM VOTING ON THE MATTER; IF THE NATURE OF THE RELATIONSHIP SUGGESTS THAT HIS OR HER PRESENCE MAY BE DETRIMENTAL TO THE DISCUSSION, HE OR SHE MUST EXIT THE MEETING. THE MEETING CHAIR MAKES THE FINAL DETERMINATION AS TO THE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15 15A. THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR THE CEO/EXECUTIVE DIRECTOR POSITION. THIS INFORMATION IS SHARED WITH THE EXECUTIVE COMMITTEE WHICH DETERMINES THE NEW LEVEL OF COMPENSATION AND COMMUNICATES THE SALARY INFORMATION TO THE CEO/EXECUTIVE DIRECTOR AND TO THE DIRECTOR OF FINANCE & ADMINISTRATION FOR IMPLEMENTATION. AN INDEPENDENT COMPENSATION CONSULTANT WAS UTILIZED AS A PART OF THIS PROCESS IN 2018. AN ADJUSTMENT IS MADE TO THE CEO/EXECUTIVE DIRECTOR'S SALARY ANNUALLY FOR A MERIT INCREASE, WHICH IS BASED ON A FORMAL PERFORMANCE EVALUATION. 15B. COMPENSATION - THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR STS POSITIONS. THE CONSULTANT MEETS WITH THE CEO/EXECUTIVE DIRECTOR AND EACH STAFF DIRECTOR TO ASCERTAIN INFORMATION RELEVANT TO EACH POSITION. THE CONSULTANT ALSO REVIEWS EACH OF THE POSITION DESCRIPTIONS, DETERMINES APPROPRIATE MATCHES FROM COMPENSATION MARKET SURVEYS, E.G., TOWERS WATSON, PRM, ASSOCIATION FORUM, AND ASAE, FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND COMPILES AND ANALYZES THIS MARKET DATA FOR EACH POSITION. THE CONSULTANT MEETS WITH THE CEO/EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE & ADMINISTRATION TO REVIEW THE COMPENSATION ANALYSIS, AND MAKES ADJUSTMENTS TO THE ANALYSIS, AS APPROPRIATE. UTILIZING THE CONSULTANT'S ANALYSIS, THE CEO/EXECUTIVE DIRECTOR MAKES SALARY ADJUSTMENTS. AN INDEPENDENT COMPENSATION CONSULTANT WAS UTILIZED AS PART OF THIS PROCESS IN 2018. ADJUSTMENTS ARE MADE TO SALARIES ANNUALLY FOR MERIT INCREASES, WHICH ARE BASED ON FORMAL PERFORMANCE EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS AND KEY GOVERNANCE POLICIES ARE AVAILABLE TO THE PUBLIC ON THE STS WEBSITE. OTHER GOVERNING DOCUMENTS, AS WELL AS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G CONSULTANT EXPENSES 1,116,339. TEMPORARY SERVICES FROM SALARIES 234,812. VOLUNTEER STIPENDS FROM SALARIES 300,000. PAYROLL AND HR FEES 80,868. DATA WAREHOUSING AND ANALYSIS 5,728,552. WEB-BASED EXPENSES 25,225. VIDEO PRODUCTION 36,005. CTS NET FEES 42,700. MISCELLANEOUS 18,372. TVT EXPENSE 2,526,059. SOCIETY OF THORACIC SURGEONS POLITICAL ACTION COMMITTEE 20 F STREET NW SUITE 310C WASHINGTON DC 20001 522017375 POLITICAL ACTION COMMITTEE DC 527 0 THE THORACIC SURGERY FOUNDATION (TSF) 633 N ST CLAIR ST SUITE 2100 CHICAGO IL 60611 363635910 RESEARCH AND EDUCATION IL 501(C)(3) LINE 10 THE SOCIETY OF THORACIC SURGEONS 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 THE THORACIC SURGERY FOUNDATION B 818231 CASH PAID THE THORACIC SURGERY FOUNDATION L 284000 ACTUAL COST