2021-04-16T07:49:20-05:00 2020-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2020-01-01 391397899 AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY INC AMER 7158459283 2100 STEWART AVENUE NO 240 WAUSAU WI 54401 E VICTOR ROSS MD TREASURER 7158459283 2021-04-08 1 E VICTOR ROSS MD 999009999 MICHAEL J PETERSON CPA P01833529 7158453111 2021-04-08 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHELLE MORRISON 2100 STEWART AVENUE NO 240 WAUSAU WI 54401 3057826 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 13 102 4000 0 948414 740742 1992193 724740 270679 316500 63858 94599 3275144 1876581 216274 127351 0 0 769965 816578 0 0 68664 1938788 1063994 2925027 2007923 350117 -131342 7855236 8489619 1270212 1440935 6585024 7048684 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 963882 0 578645 DUE TO COVID-19, THE SOCIETY CANCELLED THE 2020 ANNUAL CONFERENCE AND REFUNDED ALL REGISTRATION FEES TO INDIVIDUALS. EXHIBIT REGISTRATION FEES, SPONSORSHIP AND ADVERTISING WERE EITHER REFUNDED OR COMPANIES WERE GIVEN VOUCHERS TO CARRY OVER TO THE 2021 ANNUAL CONFERENCE. SEVERAL ON-LINE WEBINARS WERE MADE AVAILABLE TO MEMBERS ONLY FREE OF CHARGE. 340194 0 107394 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 2020. 127351 127351 0 GRANTS FOR RESEARCH, STUDENT TRAVEL AND PROFESSIONAL DEVELOPMENT. 90122 0 126095 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 2020. NO REGISTRATIONS WERE TAKEN. 23275 0 16000 ONLINE WEBINAR 113397 0 142095 1544824 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 13 1 1 1 0 0 0 0 1 1 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 WI X MICHELLE MORRISON 7158459283 2100 STEWART AVE STE 240 WAUSAU WI 54401 MICHELLE MORRISON EXECUTIVE DIRECTOR 40.00 X 100722 0 9146 J DIANNE DALSKY EXECUTIVE DIRECTOR (THRU FEB) 40.00 X 51040 0 19024 THOMAS ROHRER MD 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 0.50 X X 0 0 0 E VICTOR ROSS MD TREASURER 0.50 X X 0 0 0 SUZANNE L KILMER MD SECRETARY 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 ERIC F BERNSTEIN MD MSE PAST PRESIDENT (THRU APR) 0.50 X X 0 0 0 DIETER MANSTEIN MD PHD PAST PRESIDENT 0.50 X X 0 0 0 MURAD ALAM MD MSCI MBA (2021) LASER SURGERY REP 0.50 X 0 0 0 GUILLERMO AGUILAR PHD (2020)BIOMEDICAL ENGINEER (THRU APR) 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 HEALTH 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/MARKETING 0.50 X 0 0 0 BRIAN S BIESMAN MD (2022) LASER SAFETY REP 0.50 X 0 0 0 CRAIG DRILL (2020) INDUSTRIAL/MRKTING(THRU APR) 0.50 X 0 0 0 OMAR A IBRAHIMI MD PHD (2021) LASER SURGERY REP 0.50 X 0 0 0 GIRISH S MUNAVALLI MD MHS FACMS (2020) LASER MEDICINE REP (THRU APR) 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 REBECCA SPRAGUE RN NP-C (2020) NURSING/ALLIED HLTH(THRU APR) 0.50 X 0 0 0 JILL WAIBEL MD (2021) LASER SURGERY REP 0.50 X 0 0 0 151762 0 28170 1 0 0 0 JOHN WILEY & SONS INC PO BOX 416502 BOSTON MA 022416502 PUBLISHING SERVICES 114100 1 669919 13775 57048 13775 740742 SEMINAR INSURANCE 900099 578645 578645 VIRTUAL WEBINAR 611430 20000 16000 4000 COURSES & SEMINARS 611430 7525 7525 118570 118570 724740 117296 117296 107394 107394 1360724 1161520 199204 199204 199204 6930 13775 19725 -12795 -12795 1876581 828134 4000 303705 120851 120851 6500 6500 179932 62977 107959 8996 480673 421209 35430 24034 24081 19135 3742 1204 86481 75055 7102 4324 45411 34058 9082 2271 68960 20688 34480 13792 50821 48280 2541 34253 34253 6502 6502 87916 74303 12126 1487 146583 125640 20943 101358 76019 20271 5068 185414 185248 83 83 6898 6898 82429 61822 16486 4121 37300 37300 PUBLICATIONS EXPENSE 211749 211749 SEMINARS & COURSES 23275 23275 PRECEPTORSHIP EXPENSE 12292 12292 INDUSTRY ADVISORY COUNC 743 743 7501 7501 2007923 1544824 394435 68664 100 100 390763 842555 197951 204046 159132 76061 638937 481420 139273 157517 6955121 7197353 12896 11987 7855236 8489619 104288 121533 1153981 765691 11943 9811 0 543900 1270212 1440935 X 4069390 4273073 2515634 2775611 6585024 7048684 7855236 8489619 -131342 595002 0 X 0 1 X 1 0 X 919523 906065 1092268 948414 740742 4607012 1502112 1736229 1874347 1949543 720740 7782971 16039 19949 118348 38614 6930 199880 2437674 2662243 3084963 2936571 1468412 12589863 25848 20656 51292 27053 22030 146879 0 25848 20656 51292 27053 22030 146879 12442984 198740 214271 245452 258425 224690 1141578 24680 24680 198740 214271 245452 283105 224690 1166258 2636414 2876514 3330415 3219676 1693102 13756121 0.90450 0.91160 0.08480 0.07570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4234390 44808 546775 7067 4818906 3449633 128194 665490 8927 4234390 3570764 110259 -175097 10372 45921 3449633 3174972 50368 372358 5887 21047 3570764 3017127 31609 155025 10805 17984 3174972 0.48930 0.37540 0.13530 0 0 638937 481420 157517 157517 PPP LOAN 143900 LINE OF CREDIT 400000 543900 2423280 595002 595002 1828278 34253 14050 48303 1876581 1959620 -14050 -14050 1973670 34253 34253 2007923 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 XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE -5,950. ONLINE WEBINAR REVENUE 20,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 5,950. ONLINE WEBINAR REVENUE -20,000. SILENT AUCTION 20705 13775 6930 13775 5950 20705 13775 6930 13775 5950 19725 -12795 1 MA GENERAL HOSPITAL 399 REVOLUTION DRIVE SOMMERVILLE MA 02145 042697983 501(C)(3) 65000 RESEARCH UNIVERSITY OF CALIFORNIA IRVINE 3040 ANTEATER INSTRUCTION AND RESEARCH BUILDING IRVINE CA 92697 952226406 501(C)(3) 10000 RESEARCH UNIVERSITY OF CALIFORNIA LOS ANGELES 10889 WILSHIRE BOULEVARD SUITE 700 LOS ANGELES CA 90095 956006143 501(C)(3) 40000 RESEARCH MEDSTAR HEALTH RESERACH INSTITUTE 6495 NEW HAMPSHIRE AVENUE SUITE 201 201 HYATTSVILLE MD 20783 526056274 501(C)(3) 5000 RESEARCH 4 0 TRAVEL GRANTS 3 6500 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. FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY UTILIZES AN INDUSTRY ADVISORY COUNCIL, MADE UP OF 12 MEMBERS WHICH ARE 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 2020 BUDGET WAS APPROVED IN DECEMBER OF 2019 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.