INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY (EIN 41-1889746)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-07
IRS object ID
201932809349300793
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-10-07T12:46:26-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042917204PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANSTISS & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11115 WESTFORD STREETAddressLine1Txt
CityLOWELLCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01851ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411889746EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL SOCIETY FOR MINIMALLYBusinessNameLine1Txt
Business Name Line2INVASIVE CARDIOTHORACIC SURGERYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone9789278330PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER NO 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNIRAV C PATEL MDPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9789728330PhoneNum
Signature2019-09-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRAYMOND L ANSTISS JRPreparerPersonNm
PTINP00142883PTIN
Phone9784522500PhoneNum
Preparation2019-09-19PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.198.108.100IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-19IPDt
IP Tm15:28:52IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5DE253DC89EBA1BF9846C404540280BF0D203077AtSubmissionCreationDeviceId
At Submission Filing Device Id828B4C756112436BA83637C705CCBCE80F614336AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPIOTR SUWALSKI MD PHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER NO 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,041,681GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ISMICS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTO ENGAGE IN, ASSIST, AND CONTRIBUTE TO THE SUPPORT OF EXCLUSIVELY SCIENTIFIC EDUCATIONAL OR CHARITABLE ACTIVITIES AND PROJECTS.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers78TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$331,945PYContributionsGrantsAmt
CY Contributions Grants$223,576CYContributionsGrantsAmt
PY Program Service Revenue$885,240PYProgramServiceRevenueAmt
CY Program Service Revenue$722,214CYProgramServiceRevenueAmt
PY Investment Income$15,834PYInvestmentIncomeAmt
CY Investment Income$27,475CYInvestmentIncomeAmt
PY Other Revenue$58,869PYOtherRevenueAmt
CY Other Revenue$65,582CYOtherRevenueAmt
PY Total Revenue$1,291,888PYTotalRevenueAmt
CY Total Revenue$1,038,847CYTotalRevenueAmt
PY Grants And Similar Paid$27,367PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$26,451CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$47,069CYTotalFundraisingExpenseAmt
PY Other Expenses$1,234,984PYOtherExpensesAmt
CY Other Expenses$1,090,573CYOtherExpensesAmt
PY Total Expenses$1,262,351PYTotalExpensesAmt
CY Total Expenses$1,117,024CYTotalExpensesAmt
PY Revenues Less Expenses$29,537PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$78,177CYRevenuesLessExpensesAmt
Total Assets BOY$789,465TotalAssetsBOYAmt
Total Assets EOY$745,580TotalAssetsEOYAmt
Total Liabilities BOY$121,548TotalLiabilitiesBOYAmt
Total Liabilities EOY$202,279TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$667,917NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$543,301NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ENGAGE IN, ASSIST, AND CONTRIBUTE TO THE SUPPORT OF EXCLUSIVELY SCIENTIFIC, EDUCATIONAL, OR CHARITABLE ACTIVITIES AND PROJECTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$516,327ExpenseAmt
Grant$8,500GrantAmt
Revenue$668,688RevenueAmt
DescANNUAL MEETING - TO PROVIDE A FORUM FOR DEVELOPMENT OF THE MEDICAL SUBSPECIALTY OF MINIMALLY INVASIVE CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$214,945ExpenseAmt
Revenue$53,526RevenueAmt
DescPUBLICATIONS - TO PROVIDE AN AUDIENCE FOR THE SCIENTIFIC EVALUATION OF NEW AND INNOVATIVE MINIMALLY INVASIVE SURGICAL TECHNIQUES AND TECHNOLOGY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$64,086ExpenseAmt
DescCONCENSUS CONFERENCE - AN EXPERT CONSENSUS CONFERENCE PANEL ON TRANSCATHETER AORTIC VALVE IMPLANTATION. A STATEMENT ON THE FINDINGS OF THE PANEL WILL BE PUBLISHED IN THE ISMICS JOURNAL INNOVATIONS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDescGrantGrantAmt
$29,912COMMITTEES - THE SOCIETY ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE SOCIETY.
$17,951GRANTS & CONTRIBUTIONS - TO FACILITATE OPPORTUNITIES TO ENGAGE IN ACTIVITIES THAT SUPPORT THE DEVELOPMENT OF THE MEDICAL SUBSPECIALTY OF MINIMALLY INVASIVE CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.$17,951
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$47,863TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$17,951TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$843,221TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRRIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9789278330PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NIV AD MD
PRESIDENT/PRESIDENT-ELECT2.00Yes (X)Yes (X)$0$0$0
PIOTR SUWALSKI MD PHD
PRESIDENT-ELECT/VICE-PRESI2.00Yes (X)Yes (X)$0$0$0
BOB B KIAII MD
VICE PRES./SECRETARY2.00Yes (X)Yes (X)$0$0$0
ANSON CHEUNG MD
PAST PRESIDENT/PRESIDENT2.00Yes (X)Yes (X)$0$0$0
HUSAM H BALKHY MD
SECRETARY/DIRECTOR NO. AMERICA2.00Yes (X)Yes (X)$0$0$0
VINOD H THOURANI MD
TREASURER2.00Yes (X)Yes (X)$0$0$0
SAHIN SENAY MD
DIRECTOR2.00Yes (X)$0$0$0
HIRAN C FERNANDO
DIRECTOR THORACIC NO. AMER2.00Yes (X)$0$0$0
L WILEY NIFONG MD
DIRECTOR NO. AMERICA2.00Yes (X)$0$0$0
HAROLD G ROBERTS JR MD
DIRECTOR NO. AMERICA2.00Yes (X)$0$0$0
CALVIN SH NG MD
DIRCTOR THORACIC2.00Yes (X)$0$0$0
GRY DAHLE MD
DIRECTOR EUROPE2.00Yes (X)$0$0$0
CHUNSHENG WANG
DIRECTOR2.00Yes (X)$0$0$0
JOERG KEMPFERT MD
DIRECTOR EUROPE2.00Yes (X)$0$0$0
GIULIA VERONESI MD
DIRECTOR THORACIC EUROPE2.00Yes (X)$0$0$0
ROBINSON POFFO MD
AT LARGE DIRECTOR2.00Yes (X)$0$0$0
NIKOLAOS BONAROS MD
DIRECTOR EUROPE2.00Yes (X)$0$0$0
TREVOR FAYERS
DIRECTOR NON EUROPE/N. AMERICA2.00Yes (X)$0$0$0
FARID GHARAGOZLOO MD
AT LARGE DIRECTOR2.00Yes (X)$0$0$0
ERIC J LEHR MD PHD
DIRECTOR NO. AMERICA2.00Yes (X)$0$0$0
SIMON C MOTEN MD
DIRECTOR NON EUROPE/N. AMERICA (6/18)2.00Yes (X)$0$0$0
MALAKH L SHRESTHA
DIRECTOR EUROPE (6/18)2.00Yes (X)$0$0$0
CHANGQING GAO MD
AT LARGE DIRECTOR (6/18)2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRRIBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CTR SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENT SERVICESServicesDesc
Compensation$328,674CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$223,576AllOtherContributionsAmt
Total Contributions$223,576TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ANNUAL MEETING900099$521,412$521,412
MEMBERSHIP DUES900099$147,276$147,276
SUBSCRIPTIONS511120$53,526$53,526
FieldValueIRS element (for citing)
Total Program Service Revenue$722,214TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,309TotalRevenueColumnAmt
Exclusion$10,309ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,582TotalRevenueColumnAmt
Exclusion$65,582ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$20,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,834SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$17,166SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,166TotalRevenueColumnAmt
Exclusion$17,166ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,038,847TotalRevenueColumnAmt
Related Or Exempt Func Income$722,214RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$93,057ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$13,109TotalAmt
Program Services$13,109ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$13,342TotalAmt
Program Services$13,342ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$147,115TotalAmt
Management And General$147,115ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,607TotalAmt
Management And General$19,607ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,935TotalAmt
Management And General$2,935ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,816TotalAmt
Management And General$34,816ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$571,913TotalAmt
Program Services$571,913ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,941TotalAmt
Management And General$2,941ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
PRINTING AND PUBLICATIO$214,945$214,945
DEVELOPMENT$47,069$47,069
COMMITTEES$29,912$29,912
HOMEPAGE$19,320$19,320

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,117,024TotalAmt
Program Services$843,221ProgramServicesAmt
Management And General$226,734ManagementAndGeneralAmt
Fundraising$47,069FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$224,128BOYAmt
EOY$224,919EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$60,288BOYAmt
EOY$60,348EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$33,623BOYAmt
EOY$13,398EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$471,426BOYAmt
EOY$446,915EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$789,465BOYAmt
EOY$745,580EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$20,356BOYAmt
EOY$54,474EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$5,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$101,192BOYAmt
EOY$142,805EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$121,548BOYAmt
EOY$202,279EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$634,128BOYAmt
EOY$516,639EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$33,789BOYAmt
EOY$26,662EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$667,917BOYAmt
EOY$543,301EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$789,465BOYAmt
EOY$745,580EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$78,177ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$46,439NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$202,442CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$391,002CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$409,815CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$331,945CurrentTaxYearMinus1YearAmt
Current Tax Year$223,576CurrentTaxYearAmt
Total$1,558,780TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$814,899CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$854,027CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$852,281CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$885,240CurrentTaxYearMinus1YearAmt
Current Tax Year$722,214CurrentTaxYearAmt
Total$4,128,661TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,017,341CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,245,029CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,262,096CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,217,185CurrentTaxYearMinus1YearAmt
Current Tax Year$945,790CurrentTaxYearAmt
Total$5,687,441TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,504CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,172CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$345CurrentTaxYearMinus1YearAmt
Total$93,193TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,504CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,172CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$345CurrentTaxYearMinus1YearAmt
Total$93,193TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,594,248PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,872CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$68,188CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,625CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$68,287CurrentTaxYearMinus1YearAmt
Current Tax Year$75,891CurrentTaxYearAmt
Total$336,863TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,872CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$68,188CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,625CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$68,287CurrentTaxYearMinus1YearAmt
Current Tax Year$75,891CurrentTaxYearAmt
Total$336,863TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,083,213CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,313,217CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,320,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,285,472CurrentTaxYearMinus1YearAmt
Current Tax Year$1,021,681CurrentTaxYearAmt
Total$6,024,304TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.92860PublicSupportCY509Pct
Public Support PY5090.93490PublicSupportPY509Pct
Investment Income CY0.05590InvestmentIncomeCYPct
Investment Income PY0.05000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$989,473TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$46,439NetUnrealizedGainsInvstAmt
Revenue Not Reported-$46,439RevenueNotReportedAmt
Revenue Subtotal$1,035,912RevenueSubtotalAmt
Investment Expenses Not Incld$2,935InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$2,935RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,038,847TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,114,089TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,114,089ExpensesSubtotalAmt
Investment Expenses Not Incld2$2,935InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$2,935ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,117,024TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationASC 740-10, "INCOME TAXES" REQUIRES THE SOCIETY TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE SOCIETY'S FINANCIAL STATEMENTS. THE SOCIETY REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE SOCIETY'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE SOCIETY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES00PROGRAM SERVICESANNUAL MEETING - TO PROVIDE A FORUM FOR DEVELOPMENT OF THE MEDICAL SUBSPECIALTY OF MINIMALLY INVASIVE CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.$311,328
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESWINTER WORKSHOP$2,636
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00PROGRAM SERVICESEACTS ANNUAL MEETING$11,860
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,00GRANTS TO RECIPIENTS LOCATED IN THE REGION$500
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00GRANTS TO RECIPIENTS LOCATED IN THE REGION$5,037
MIDDLE EAST AND NORTH AFRICA00GRANTS TO RECIPIENTS LOCATED IN THE REGION$5,805
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES00GRANTS TO RECIPIENTS LOCATED IN THE REGION$2,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$339,166SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$339,166TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
CHITWOOD TRAVEL AWARD - A $1,000 AWARD GRANTED TO A RESIDENT OR FELLOW WHO IS SELECTED AFTER SUBMITTING A 500 WORD STATEMENT. THE AWARD ALSO INCLUDES COMPLIMENTARY ANNUAL MEETING REGISTRATION AND A YEAR'S COMPLIMENTARY CANDIDATE MEMBERSHIP IN ISMICS.EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU1$1,000CHECK
BEST MODERATED POSTER AWARD - AWARDED BASED ON PEER REVIEW TO THE BEST POSTER PRESENTATION.EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,1$500CHECK
BEST MODERATED POSTER AWARD - AWARDED BASED ON PEER REVIEW TO THE BEST POSTER PRESENTATION.EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU3$1,500CHECK
SUBRAMANIAN INNOVATION AWARD - AWARDED FOR USE TOWARD BRINGING THE WINNING INNOVATION TO REALITY FOR IMPLEMENTATION. THE AWARD ALSO INCLUDES COMPLIMENTARY ANNUAL MEETING REGISTRATION AND TRAVEL.EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU1$2,537CHECK
BEST MANUSCRIPT AWARD - THERE WOULD BE A $2,000 AWARD PRESENTED FOR THE BEST MANUSCRIPT SUBMITTED PRIOR TO THE ANNUAL MEETING, AND THEN THERE WOULD BE ANOTHER $1,000 AWARD PRESENTED FOR THE BEST MANUSCRIPT SUBMITTED WITHIN 30 DAYS AFTER THE ANNUAL MEETING.NORTH AMERICA1$2,000CHECK
SUBRAMANIAN INNOVATION AWARD - AWARDED FOR USE TOWARD BRINGING THE WINNING INNOVATION TO REALITY FOR IMPLEMENTATION. THE AWARD ALSO INCLUDES COMPLIMENTARY ANNUAL MEETING REGISTRATION AND TRAVEL.MIDDLE EAST AND NORTH AFRICA2$5,805CHECK
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS AWARDED ARE COMPETITION BASED AND AWARDED TO RECOGNIZE EXCELLENCE IN PREPARATION OF MANUSCRIPTS AND PRESENTATIONS IN THE AREA OF CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
BEST MODERATED POSTER AWARD - AWARDED BASED ON PEER REVIEW TO THE BEST POSTER PRESENTATION.7$3,500
CHITWOOD AWARD - A $1,000 AWARD GRANTED TO A RESIDENT OR FELLOW WHO IS SELECTED AFTER SUBMITTING A 500 WORD STATEMENT. THE AWARD ALSO INCLUDES COMPLIMENTARY ANNUAL MEETING REGISTRATION AND A YEAR'S COMPLIMENTARY CANDIDATE MEMBERSHIP IN ISMICS.1$1,000
SUBRAMANIAN INNOVATION AWARD - AWARDED FOR USE TOWARD BRINGING THE WINNING INNOVATION TO REALITY FOR IMPLEMENTATION. THE AWARD ALSO INCLUDES COMPLIMENTARY ANNUAL MEETING REGISTRATION AND TRAVEL.2$2,609
BEST MANUSCRIPT AWARD - THERE WOULD BE A $2,000 AWARD PRESENTED FOR THE BEST MANUSCRIPT SUBMITTED PRIOR TO THE ANNUAL MEETING, AND THEN THERE WOULD BE ANOTHER $1,000 AWARD PRESENTED FOR THE BEST MANUSCRIPT SUBMITTED WITHIN 30 DAYS AFTER THE ANNUAL MEETING.1$1,000
GRUNDEMAN SCIENTIFIC RESEARCH AWARD - THERE WOULD BE $5,000 GRANTED TO THE RECIPIENT FOR DEMONSTRATION OF BASIC RESEARCH OR AN EARLY CLINICAL CONCEPT THAT OUTLINES A NEW INNOVATION SUITED TO MINIMALLY INVASIVE CARDIOTHORACIC SURGERY(MICS).1$5,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE AWARDS DISCLOSED IN PART III ARE COMPETITION BASED AND AWARDED TO RECOGNIZE EXCELLENCE IN PREPARATION OF MANUSCRIPTS AND PRESENTATIONS IN THE AREA OF CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE PROFESSIONAL RELATIONS AND RESEARCH INSTITUTE (PRRI) OF BEVERLY, MASSACHUSETTS, MAINTAINS THE BOOKS AND RECORDS OF THE ASSOCIATION AND PERFORMS OTHER RELATED MANAGERIAL AND ADMINISTRATIVE FUNCTIONS FOR WHICH IT IS COMPENSATED.
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION AMENDED ITS BY-LAWS TO INCLUDE THE ROTATION OF THE ANNUAL MEETINGS AND TO ADD AN AT-LARGE THORACIC DIRECTOR AND A CANDIDATE MEMBER TO THE BOARD.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS SIX CLASSES OF MEMBERS: ACTIVE, SENIOR, INACTIVE, CANDIDATE, HONORARY AND ALLIED HEALTH. ACTIVE MEMBERS HAVE VOTING RIGHTS.
FORM 990, PART VI, SECTION A, LINE 7AACTIVE MEMBERS HAVE THE RIGHT TO ELECT OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BACTIVE MEMBERS HAVE THE RIGHT TO VOTE ON MATTERS ALLOWED UNDER THE LAW.
FORM 990, PART VI, SECTION B, LINE 11B990 IS REVIEWED BY THE ADMINISTRATIVE STAFF OF THE MANAGEMENT COMPANY (PRRI) AND IS THEN PROVIDED TO THE TREASURER FOR FINAL REVIEW BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS DISTRIBUTED, DISCUSSED AND UPDATED AT EACH BOARD MEETING IN ORDER FOR THE ORGANIZATION TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY BY ALL OFFICERS AND DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 18FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION'S MANAGEMENT COMPANY (PRRI).
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION'S MANAGEMENT COMPANY (PRRI).

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