AMERICAN SURGICAL ASSOCIATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AMERICAN SURGICAL ASSOCIATION (EIN 95-3126287)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-30
IRS object ID
202533039349301473
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)
Return2025-10-30T12:10:00-05:00ReturnTs
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)
EIN953126287EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SURGICAL ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone9789278330PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKELLY M MCMASTERS MD PHDPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9789278330PhoneNum
Signature2025-10-29SignatureDt
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
Preparation2025-10-29PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRONALD J WEIGEL MD PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,594,042GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.AMERICANSURGICAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1880FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO CONDUCT A BUSINESS LEAGUE IN THE FIELD OF SURGERY; TO ENGAGE IN RESEARCH AND THE ADVANCEMENT OF KNOWLEDGE IN THE FIELD OF SURGERY FOR THE IMPROVEMENT OF THE CAPABILITIES OF PERSONS PARTICIPATING IN THE PROFESSION AND TO PROVIDE MEANS OF FURTHERING PROFESSIONAL, TRAINING, DEVELOPMENT OF TECHNICAL BACKGROUND AND PROMOTING EDUCATION OF INDIVIDUALS IN TRAINING OR OTHERWISE EMPLOYED IN THE PROFESSION. THIS MISSION IS ACCOMPLISHED PRIMARILY BY CONDUCTING AN ANNUAL SCIENTIFIC MEETING CONSISTING OF SELECTED PRESENTATIONS CONTAINING THE MOST CURRENT INFORMATION AVAILABLE ON CLINICAL AND RESEARCH TOPICS RELATED TO SURGERY OR SURGICAL SPECIALTIES, INCLUDING STUDIES ON OUTCOMES, PRACTICE OF SURGERY AND ETHICAL AND OTHER ISSUES THAT AFFECT ITS PRACTICE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers95TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$100,000PYContributionsGrantsAmt
CY Contributions Grants$100,000CYContributionsGrantsAmt
PY Program Service Revenue$534,041PYProgramServiceRevenueAmt
CY Program Service Revenue$534,218CYProgramServiceRevenueAmt
PY Investment Income$151,011PYInvestmentIncomeAmt
CY Investment Income$296,585CYInvestmentIncomeAmt
PY Other Revenue$490,965PYOtherRevenueAmt
CY Other Revenue$485,000CYOtherRevenueAmt
PY Total Revenue$1,276,017PYTotalRevenueAmt
CY Total Revenue$1,415,803CYTotalRevenueAmt
PY Grants And Similar Paid$254,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$250,000CYGrantsAndSimilarPaidAmt
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$0CYTotalFundraisingExpenseAmt
PY Other Expenses$623,807PYOtherExpensesAmt
CY Other Expenses$744,707CYOtherExpensesAmt
PY Total Expenses$877,807PYTotalExpensesAmt
CY Total Expenses$994,707CYTotalExpensesAmt
PY Revenues Less Expenses$398,210PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$421,096CYRevenuesLessExpensesAmt
Total Assets BOY$5,973,491TotalAssetsBOYAmt
Total Assets EOY$6,599,128TotalAssetsEOYAmt
Total Liabilities BOY$12,625TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,710TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,960,866NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,593,418NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO BE A PREMIER ACADEMIC SURGICAL SOCIETY THAT STRIVES FOR EXCELLENCE AND LEADERSHIP IN SCIENCE, EDUCATION, AND PATIENT CARE WHILE PROMOTING DIVERSITY, INTEGRITY, AND INNOVATION; AND TO PROVIDE A NATIONAL FORUM FOR PRESENTING THE DEVELOPING STATE OF THE ART AND SCIENCE OF GENERAL AND (SUB)SPECIALTY SURGERY AND THE ELEVATION OF THE STANDARDS OF THE MEDICAL/SURGICAL PROFESSION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$409,516ExpenseAmt
Revenue$275,920RevenueAmt
DescANNUAL MEETING - YEARLY CONFERENCE WHICH UPDATES MEMBERS OF NEW SURGICAL PROCEDURES AND TREATMENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$250,000ExpenseAmt
Grant$250,000GrantAmt
DescGRANTS - TO ENCOURAGE THE STUDY OF AND TO MAINTAIN THE HIGHEST POSSIBLE STANDARDS FOR SURGICAL EDUCATION, PRACTICE, AND RESEARCH; AND TO AID IN THE DEVELOPMENT OF FUTURE ACADEMIC SURGICAL LEADERS AND OF HEALTH POLICY MANAGERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$49,693ExpenseAmt
DescCOMMITTEES - MEETINGS DURING THE YEAR BY VARIOUS MEMBERS WHICH ENHANCE THE MEMBERSHIP BY MANAGING ASSOCIATION AND KEEPING THE MEMBERS UPDATED REGARDING MEDICAL RELATED MATTERS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$294ExpenseAmt
Revenue$98RevenueAmt
DescPUBLICATIONS - A RECORD OF THE ASSOCIATION'S ANNUAL TRANSACTIONS TO INCLUDE A MEMBERSHIP ROSTER, MINUTES OF ALL MEETINGS, AND SUMMARY OF MEDICAL PAPERS PRESENTED AT THE ANNUAL MEETING.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$294TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$98TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$709,503TotalProgramServiceExpensesAmt
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
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
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
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 (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RONALD J WEIGEL MD PHD
PRESIDENT/ PRES-ELECT2.00Yes (X)Yes (X)$0$0$0
JEFFREY A DREBIN MD PHD
PRESIDENT-ELECT2.00Yes (X)Yes (X)$0$0$0
EDWARD E CORNWELL III MD
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
MELINA R KIBBE MD
SECRETARY2.00Yes (X)Yes (X)$0$0$0
KELLY M MCMASTERS MD PHD
TREASURER2.00Yes (X)Yes (X)$0$0$0
KELLY K HUNT MD
RECORDER2.00Yes (X)Yes (X)$0$0$0
DIANA L FARMER MD
COUNCILOR2.00Yes (X)$0$0$0
SELWYN M VICKERS MD
COUNCILOR2.00Yes (X)$0$0$0
MICHAEL J ZINNER MD
VICE PRESIDENT (APRIL 2024)2.00Yes (X)Yes (X)$0$0$0
MARY T HAWN MD
SECRETARY (APRIL 2024)2.00Yes (X)Yes (X)$0$0$0
E CHRISTOPHER ELLISON MD
COUNCILOR (APRIL 2024)2.00Yes (X)$0$0$0
STEVEN C STAIN MD
COUNCILOR/PRESIDENT2.00Yes (X)Yes (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 SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENTServicesDesc
Compensation$285,231CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$100,000AllOtherContributionsAmt
Total Contributions$100,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ANNUAL MEETING541900$275,920$275,920
MEMBERSHIP DUES541900$258,200$258,200
PRINT SUBSCRIPTIONS541900$98$98
FieldValueIRS element (for citing)
Total Program Service Revenue$534,218TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$187,027TotalRevenueColumnAmt
Exclusion$187,027ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$485,000TotalRevenueColumnAmt
Exclusion$485,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$287,797SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$178,239SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$109,558SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$109,558TotalRevenueColumnAmt
Exclusion$109,558ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,415,803TotalRevenueColumnAmt
Related Or Exempt Func Income$534,218RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$781,585ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$250,000TotalAmt
Program Services$250,000ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$264,619TotalAmt
Program Services$46,456ProgramServicesAmt
Management And General$218,163ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$171TotalAmt
Management And General$171ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,860TotalAmt
Management And General$7,860ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,730TotalAmt
Management And General$15,730ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,330TotalAmt
Management And General$7,330ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$363,060TotalAmt
Program Services$363,060ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,007TotalAmt
Management And General$5,007ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMITTEES$49,693$49,693
CREDIT CARD FEES$16,140$16,140
HOME PAGE$13,803$13,803
DUES AND SUBSCRIPTIONS$1,000$1,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$294TotalAmt
Program Services$294ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$994,707TotalAmt
Program Services$709,503ProgramServicesAmt
Management And General$285,204ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$895,886BOYAmt
EOY$188,757EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$5,067,447BOYAmt
EOY$6,400,758EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,158BOYAmt
EOY$9,613EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,973,491BOYAmt
EOY$6,599,128EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$300BOYAmt
EOY$300EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,325BOYAmt
EOY$5,410EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,625BOYAmt
EOY$5,710EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,960,866BOYAmt
EOY$6,593,418EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,960,866BOYAmt
EOY$6,593,418EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,973,491BOYAmt
EOY$6,599,128EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$421,096ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$211,456NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
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

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO ASAFDesc
Amt$5,410Amt
FieldValueIRS element (for citing)
Total Liability$5,410TotalLiabilityAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SURGICAL ASSOCIATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
Recipient EIN953179452RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$250,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantGENERAL SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE GRANT FUNDS ARE MADE TO A RELATED ORGANIZATION AND ARE TO BE USED FOR FELLOWSHIP RESEARCH AWARDS WHICH REQUIRE THE RECIPIENT TO SUBMIT A DETAILED INTERIM REPORT FOR FOUNDATION BOARD REVIEW BEFORE THE SECOND YEAR FUNDING IS ISSUED; IF THERE ARE ANY CONCERNS, THEN THE RECIPIENT AND/OR HIS/HERS MENTORS WILL BE ASKED FOR ADDITIONAL INFORMATION. AT THE END OF THE SECOND (AND FINAL) YEAR OF FUNDING, THE RECIPIENT IS REQUIRED TO PRESENT AN ORAL REPORT TO THE MEMBERSHIP AT THE ANNUAL BUSINESS MEETING AS WELL AS SUBMIT A FINAL, DETAILED REPORT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 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 ITIS COMPENSATED.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS THREE CLASSES OF MEMBERS: ACTIVE, SENIOR, AND HONORARY. ACTIVE AND SENIOR MEMBERS HAVE VOTING RIGHTS.
FORM 990, PART VI, SECTION A, LINE 7AACTIVE AND SENIOR MEMBERS HAVE THE RIGHT TO ELECT OFFICERS AND MEMBERS OFTHE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BACTIVE AND SENIOR MEMBERS HAVE THE RIGHT TO VOTE ON ANY COUNCIL DECISIONS THAT WOULD REQUIRE AN AMENDMENT TO THE BY-LAWS AS WELL AS THE RIGHT TO VOTE ON PROPOSED INCREASES TO MEMBERSHIP DUES.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE ADMINISTRATIVE STAFF PRIOR TO BEING PROVIDED TO THE TREASURER. THE AUDIT COMMITTEE, WHICH IS COMPOSED OF THREE MEMBERS SELECTED BY THE BOARD, AND THE TREASURER THEN MEET PRIOR TO THE FILING OF THE 990 AND REVIEW THE 990 IN DETAIL. THE REPORT OF THE AUDIT COMMITTEE, INCLUDING A SPECIFIC RECOMMENDATION ON THE FILING OF THE FORM 990, IS MADE TO THE FULL MEMBERSHIP AT ITS ANNUAL BUSINESS MEETING. THE MEMBERSHIP THEN VOTES ON THE REPORT OF THE AUDIT COMMITTEE WHICH INCLUDES A FORMAL VOTE ON THE DISPOSITION OF THE FORM 990 IN ADVANCE OF THE FILING DEADLINE.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AT EACH BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE AND MAINTAINED AT THE ADMINISTRATIVE OFFICE.
FORM 990, PART XII, LINE 1THE ORGANIZATION PREPARES ITS FINANCIAL STATEMENTS USING THE MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS METHOD, REVENUES ARE GENERALLY RECOGNIZED WHEN RECEIVED IN CASH, AND EXPENSES ARE RECORDED WHEN PAID. HOWEVER, CERTAIN MODIFICATIONS ARE MADE TO MORE ACCURATELY REFLECT THE FINANCIAL POSITION OF THE ORGANIZATION. THESE MODIFICATIONS MAY INCLUDE RECOGNIZING PAYABLES AND RECEIVABLES, AND RECORDING CERTAIN PREPAID EXPENSES AND DEFERRED REVENUES. THIS APPROACH COMBINES ASPECTS OF BOTH THE CASH AND ACCRUAL METHODS, PROVIDING A MORE ACCURATE PICTURE OF FINANCIAL OPERATIONS WHILE MAINTAINING THE SIMPLICITY OF THE CASH BASIS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SURGICAL ASSOCIATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CUMMINGS CENTER SUITE 4400AddressLine1Txt
CityBEVERLYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01915ZIPCd
FieldValueIRS element (for citing)
EIN953179452EIN
Primary ActivitiesTO SERVE AS THE PHILANTHROPIC ARM OF THE ASAPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12B, IIPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SURGICAL ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SURGICAL ASSOCIATION FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$250,000InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.