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SOUTHERN THORACIC SURGICAL ASSOCIATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SOUTHERN THORACIC SURGICAL ASSOCIATION INC (EIN 36-3181838)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349313833
Schema version
2024v5.2
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)
Return2025-11-17T14:07:46-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRASSI & CO CPA'S PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 OMNI WAY SUITE 201AddressLine1Txt
CityCHELMSFORDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01824ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363181838EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTHERN THORACIC SURGICALBusinessNameLine1Txt
Business Name Line2ASSOCIATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSOUTBusinessNameControlTxt
Phone9789278330PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHANDA BLACKMONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9789278330PhoneNum
Signature2025-11-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDAN E TOOLINPreparerPersonNm
PTINP01323447PTIN
Phone9784522500PhoneNum
Preparation2025-11-16PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHANDA BLACKMONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,521,436GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.STSA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1954FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO ADVANCE PATIENT CARE, STRENGTHEN OUR CARDIOTHORACIC SURGERY COMMUNITY, AND ENGAGE OUR FAMILIES BY FOSTERING A CULTURE OF COLLEGIALITY AND LIFE BALANCE.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$11,250CYContributionsGrantsAmt
PY Program Service Revenue$828,972PYProgramServiceRevenueAmt
CY Program Service Revenue$778,011CYProgramServiceRevenueAmt
PY Investment Income$68,411PYInvestmentIncomeAmt
CY Investment Income$109,045CYInvestmentIncomeAmt
PY Other Revenue$253,302PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,150,685PYTotalRevenueAmt
CY Total Revenue$898,306CYTotalRevenueAmt
PY Grants And Similar Paid$66,591PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$12,996CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$25,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$252CYTotalFundraisingExpenseAmt
PY Other Expenses$925,006PYOtherExpensesAmt
CY Other Expenses$891,062CYOtherExpensesAmt
PY Total Expenses$1,016,597PYTotalExpensesAmt
CY Total Expenses$904,058CYTotalExpensesAmt
PY Revenues Less Expenses$134,088PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,752CYRevenuesLessExpensesAmt
Total Assets BOY$3,154,743TotalAssetsBOYAmt
Total Assets EOY$3,085,344TotalAssetsEOYAmt
Total Liabilities BOY$369,107TotalLiabilitiesBOYAmt
Total Liabilities EOY$88,829TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,785,636NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,996,515NetAssetsOrFundBalancesEOYAmt
MissionTO ADVANCE PATIENT CARE, STRENGTHEN OUR CARDIOTHORACIC SURGERY COMMUNITY, AND ENGAGE OUR FAMILIES BY FOSTERING A CULTURE OF COLLEGIALITY AND LIFE BALANCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$750,324ExpenseAmt
DescANNUAL MEETINGS AND EDUCATIONAL OPPORTUNITIES FOR MEMBERS TO GATHER AND DISCUSS NEW DEVELOPMENTS IN THE FIELD OF CARDIOTHORACIC AND CARDIOVASCULAR SURGERY AND SHARE IDEAS FOR IMPROVEMENTS.Desc
Total Program Service Expenses$750,324TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
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 Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
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
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 STE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DANIEL L MILLER
COUNCIL CHAIR3.00Yes (X)Yes (X)$0$0$0
STEPHEN C YANG
PRESIDENT1.50Yes (X)Yes (X)$0$0$0
MELANIE EDWARDS
PRESIDENT-ELECT1.50Yes (X)Yes (X)$0$0$0
SCOTT LEMAIRE
SECOND VICE PRESIDENT0.50Yes (X)Yes (X)$0$0$0
SHANDA BLACKMON
TREASURER3.00Yes (X)Yes (X)$0$0$0
GORAV AILAWADI
TREASURER-ELECT0.50Yes (X)Yes (X)$0$0$0
LEORA YARBORO
SECRETARY0.50Yes (X)Yes (X)$0$0$0
DANIELA MOLENA
DIRECTOR OF CME0.50Yes (X)$0$0$0
GUS MAVROUDIS
HISTORIAN0.50Yes (X)$0$0$0
MARK BLEIWEIS
COUNCILOR-AT-LARGE0.50Yes (X)$0$0$0
CHAD HUGHES
COUNCILOR-AT-LARGE0.50Yes (X)$0$0$0
OURANIA PREVENTZA
COUNCILOR-AT-LARGE0.50Yes (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 CENTER STE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENTServicesDesc
Compensation$220,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$11,250AllOtherContributionsAmt
Total Contributions$11,250TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ANNUAL MEETING900099$598,161$598,161
MEMBERSHIP DUES900099$179,850$179,850
FieldValueIRS element (for citing)
Total Program Service Revenue$778,011TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$67,095TotalRevenueColumnAmt
Exclusion$67,095ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$665,080SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$623,130SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$41,950SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,950TotalRevenueColumnAmt
Exclusion$41,950ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$898,306TotalRevenueColumnAmt
Related Or Exempt Func Income$778,011RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$109,045ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,996TotalAmt
Program Services$12,996ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$220,000TotalAmt
Program Services$132,566ProgramServicesAmt
Management And General$87,182ManagementAndGeneralAmt
Fundraising$252FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,493TotalAmt
Management And General$16,493ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$16,579TotalAmt
Management And General$16,579ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,342TotalAmt
Management And General$20,342ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,604TotalAmt
Management And General$8,604ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$560,983TotalAmt
Program Services$560,983ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,282TotalAmt
Management And General$4,282ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
OFFICERS AND COMMITTEES$40,129$40,129
PUBLICATION$2,461$2,461
BROOKS SCHOLARSHIP PINS$1,189$1,189

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$904,058TotalAmt
Program Services$750,324ProgramServicesAmt
Management And General$153,482ManagementAndGeneralAmt
Fundraising$252FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$425,515BOYAmt
EOY$143,218EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$59,804BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,591BOYAmt
EOY$36,545EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$22,006BOYAmt
EOY$10,852EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,625,827BOYAmt
EOY$2,894,729EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,154,743BOYAmt
EOY$3,085,344EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$285,794BOYAmt
EOY$5,957EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$80,613BOYAmt
EOY$82,872EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,700BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$369,107BOYAmt
EOY$88,829EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,769,709BOYAmt
EOY$2,978,463EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,927BOYAmt
EOY$18,052EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,785,636BOYAmt
EOY$2,996,515EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,154,743BOYAmt
EOY$3,085,344EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,752ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$216,631NetUnrlzdGainsLossesInvstAmt
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 B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,098,358TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$216,631NetUnrealizedGainsInvstAmt
Revenue Not Reported$216,631RevenueNotReportedAmt
Revenue Subtotal$881,727RevenueSubtotalAmt
Investment Expenses Not Incld$16,579InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$16,579RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$898,306TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$887,479TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$887,479ExpensesSubtotalAmt
Investment Expenses Not Incld2$16,579InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$16,579ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$904,058TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION, INCORPORATED IN ILLINOIS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES," REQUIRES THE ASSOCIATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ASSOCIATION'S FINANCIAL STATEMENTS. THE ASSOCIATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE ON AN ANNUAL BASIS. THIS INFORMATIONAL RETURN IS GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ASSOCIATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION IS NOT SUBJECT TO MATERIAL UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
BROOKS & RESIDENT SCHOLARSHIP4$7,935
DIVERSITY SCHOLARSHIP1$2,560
ABSTRACT AWARDS5$2,500

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IIIFormAndLineReferenceDesc
ExplanationSCHOLARSHIP RECIPIENTS RECEIVE FUNDING TO ATTEND THE STSA ANNUAL MEETING AND BENEFIT FROM THE GUIDANCE OF STSA MEMBERS. ABSTRACT AWARDS ARE PRESENTED FOR AN OUTSTANDING PAPER.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 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 ORGANIZATION AND PERFORMS OTHER RELATED MANAGERIAL AND ADMINISTRATIVE FUNCTIONS FOR WHICH IT IS COMPENSATED.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS MEMBERS. THERE ARE SIX (6) CATEGORIES OF MEMBERS:ACTIVE, SENIOR, CANDIDATE, PRE-CANDIDATE, ASSOCIATE, AND HONORARY MEMBER. MEMBERS SHALL BE INDIVIDUALS WHO SUPPORT THE PURPOSE OF THE ORGANIZATION AND WHO AGREE TO COMPLY WITH THE ORGANIZATION'S RULES AND REGULATIONS. ACTIVE AND SENIOR MEMBERS SHALL BE ENTITLED TO HOLD OFFICE AND SHALL HAVE VOTING PRIVILEGES. ACTIVE AND SENIOR MEMBERS MUST BE BOARD CERTIFIED BY THE AMERICAN BOARD OF THORACIC SURGERY OR ITS FOREIGN EQUIVALENT. ASSOCIATE MEMBERS INCLUDE SUPPORT STAFF FOR PRACTICING CARDIOTHORACIC SURGEONS INCLUDING, BUT NOT LIMITED TO, NURSES, NURSE PRACTITIONERS, PERFUSIONISTS, PHYSICIAN ASSISTANTS, AND RESEARCH STAFF. HONORARY MEMBERSHIP CAN BE BESTOWED UPON A WORTHY RECIPIENT UPON RECOMMENDATION OF THE COUNCIL AND RATIFICATION BY A TWO-THIRDS MAJORITY OF THE VOTES AT THE ANNUAL MEETING. HONORARY MEMBERS ARE WELCOMED AT ALL SCIENTIFIC AND BUSINESS MEETINGS OF THE ORGANIZATION, BUT HAVE NO OBLIGATIONS OR RESPONSIBILITIES IN THE ORGANIZATION. CANDIDATE MEMBERS MUST BE MATCHED OR ENROLLED IN A THORACIC SURGERY EDUCATIONAL PROGRAM ACCREDITED BY THE RESIDENCY REVIEW COMMITTEE FOR THORACIC SURGERY UNDER THE AUTHORITY OF THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION THAT IS WITHIN THE ORGANIZATION REGION PROVIDED FOR IN THE BYLAWS TO BE CLASSIFIED AS A CANDIDATE MEMBER. PRE-CANDIDATE MEMBERS MAY APPLY FOR MEMBERSHIP BY EXPRESSING A DESIRE TO ENTER THE FIELD OF CARDIOTHORACIC SURGERY. PRE-CANDIDATE MEMBERS MAY TRANSFER TO CANDIDATE MEMBER STATUS ONCE THEY HAVE MATCHED OR ENROLLED IN A THORACIC SURGERY EDUCATIONAL PROGRAM ACCREDITED BY THE RESIDENCY REVIEW COMMITTEE FOR THORACIC SURGERY UNDER THE AUTHORITY OF THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION THAT IS WITHIN THE ORGANIZATION REGION.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF THE ORGANIZATION PARTICIPATE IN THE ELECTION OF OFFICERS.
FORM 990, PART VI, SECTION A, LINE 7BTHE MEMBERS OF THE ORGANIZATION CAN VOTE ON BYLAW CHANGES, APPROVE NEW MEMBERS AND THE SLATE OF NOMINATIONS FOR OFFICERS.
FORM 990, PART VI, SECTION B, LINE 11B990 IS REVIEWED BY THE ADMINISTRATIVE STAFF OF THE MANAGERIAL COMPANY (PRRI) AND IS THEN PROVIDED TO THE TREASURER FOR FINAL REVIEW BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12COFFICERS, COUNCILORS, AND OTHERS ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A REQUIREMENT OF SERVICE. THE STATEMENT ON THE ORGANIZATION DISCLOSURE POLICY AND GUIDELINES REGARDING CONFLICTS OF INTEREST IS READ AT THE BEGINNING OF EVERY EXECUTIVE COUNCIL, 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 DETERMINATIONS TO THE APPROPRIATE ACTION.
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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