2015-11-11T16:10:34-06:00 2014-12-31 440160260 BKD LLP 1901 S MEYERS RD SUITE 500 OAKBROOK TERRACE IL 601815209 990 2014-01-01 363166049 ARTHROSCOPY ASSOCIATION OF NORTH AMERICA ARTH 8472922262 9400 W HIGGINS ROAD NO 200 ROSEMONT IL 60018 LAURA DOWNES EXECUTIVE DIRECTOR 8472922262 2015-10-16 1 DAVID R SIEHOFF P00175845 6302829500 2014 2016-02-25 16:41:14Z X LAURA DOWNES 9400 W HIGGINS ROAD NO 200 ROSEMONT IL 60018 12749265 0 X WWW.AANA.ORG X 1981 IL TO PROMOTE EDUCATION IN THE FIELD OF ARTHROSCOPY 13 13 15 500 0 0 4488666 5803281 5505293 5259377 108399 109612 61600 -13186 10163958 11159084 2867813 2075507 0 0 1638806 1532860 0 0 0 5415562 5541875 9922181 9150242 241777 2008842 5916118 7842495 1487869 1380970 4428249 6461525 X TO PROMOTE EDUCATION IN THE FIELD OF ARTHROSCOPY 0 0 3114830 1871758 961717 ANNUAL & INTERIM MTGS-THE ASSOCIATION HOLDS MEETINGS FOR MEMBERS AND OTHER MEDICAL PROFESSIONALS FOR THE PURPOSE OF DISCUSSING CURRENT TOPICS IN ARTHROSCOPIC SURGERY VIA CLINICAL PAPERS,COURSES AND SYMPOSIA. 4043942 46749 845750 SURGICAL SKILLS COURSES- THE ASSOCIATION PRESENTS COURSES ON ARTHROSCOPIC SURGICAL SKILLS,DIAGNOSIS,TREATMENT AND FOLLOW-UP. GRANTS ARE SUPPORT OF RELATED ORGANIZATION. 948567 50000 3451910 THE ASSOCIATION PRODUCES BROCHURES AND NEWSLETTERS, PRODUCES A VIDEO LIBRARY AND HAS PRODUCED AND PROVIDES EDITORIAL DIRECTION TO A JOURNAL FOR MEMBERS AND OTHER MEDICAL PROFESSIONALS TO INCREASE THE LEVEL OF UNDERSTDNG IN THE FIELD OF ARTHROSCOPY. 131566 107000 0 THE ASSOCIATION'S RESEARCH ACTIVITY FUNDS AND AWARDS OUTSTANDING CLINICAL RESEARCH IN ARTHROSCOPY. 131566 107000 0 8238905 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 42 0 1 15 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ARTHROSCOPY ASSOCIATION OF NORTH AM 8472922262 9400 W HIGGINS ROAD NO 200 ROSEMONT IL 60018 MARK H GETELMAN MD DIRECTOR 2.00 X 0 0 0 BEN SHAFFER MD DIRECTOR 2.00 X 0 0 0 JOHN C RICHMOND MD DIRECTOR 2.00 X 0 0 0 JW THOMAS BYRD MD DIRECTOR/PAST PRESIDENT 2.00 X X 0 0 0 ROBERT T BURKS MD DIRECTOR/SECRETARY 2.00 X X 0 0 0 BRIAN J COLE MD DIRECTOR 2.00 X 0 0 0 LARRY D FIELD MD DIRECTOR 2.00 X 0 0 0 NICKOLAS A SGAGLIONE MD DIRECTOR 2.00 X 0 0 0 THOMAS CARTER MD DIRECTOR 2.00 X 0 0 0 JEFFREY S ABRAMS MD DIRECTOR/FIRST VICE PRES 2.00 X X 0 0 0 JULIE DODDS MD DIRECTOR 2.00 X 0 0 0 LOUIS F MCINTYRE MD DIRECTOR/TREASURER 2.00 X X 0 0 0 WILLIAM R BEACH MD DIRECTOR/CHAIRMAN 2.00 X X 0 0 0 EDWARD GOSS EXECUTIVE DIRECTOR 40.00 X 252549 0 18941 SUSAN CARLSON EDUCATION MANAGER 40.00 X 110780 0 8308 HOLLY ALBERT MEETINGS MANAGER 40.00 X 116273 0 8720 DAVID HOOD FINANCE DIRECTOR 40.00 X 113521 0 8514 593123 0 44483 4 0 1 0 BIOLOGICAL RESOURCE CENTER OF ILLINOIS 9501 W DEVON AVE SUITE 605 ROSEMONT IL 60018 EVENT AND CONSULTING SERVICES 469840 IASC LLC 1219-A GUSDORF ROAD TAOS NM 87571 JOURNAL EDITOR 195802 MCJ CONSULTING 2678 BISHOP DRIVE SAN RAMON CA 94583 EVENT AND CONSULTING SERVICES 162802 PROTECH ASSOCIATES 5457 TWIN KNOLLS ROAD COLUMBIA MD 21045 SOFTWARE DEVELOPER 162144 HEL'S KITCHEN CATERING INC 3027 COMMERCIAL AVENUE NORTHBROOK IL 60062 EVENT CATERING 149372 5 3395597 2407684 5803281 SUBSCRIPTION REVENUES 611600 1941497 1941497 MEMBERSHIP DUES 611600 1484600 1484600 OLC COURSES 611600 845750 845750 ANNUAL MEETING 611600 458481 458481 FALL & OTHER COURSES 611600 417621 417621 111428 111428 5259377 76813 76813 1622980 1590181 32799 32799 32799 MISCELLANEOUS 900099 51250 51250 APPLICATION FEES 900099 6700 6700 ORTHO PROPERTIES LLC 900099 -71136 -71136 -13186 11159084 5259377 0 96426 1941758 1941758 108249 108249 25500 25500 270957 148926 122031 934085 808334 125751 65864 55696 10168 175788 155364 20424 86166 71262 14904 1687 175 1512 29725 29725 20356 20356 782601 365295 417306 132580 132580 488759 468077 20682 308130 304919 3211 116408 116408 411102 407406 3696 215916 208252 7664 170116 170116 50178 37634 12544 69513 54833 14680 COURSE EXPENSES 1991547 1991547 DUES & SUBSCRIPTIONS 321642 321642 COMMITTEES 219643 219643 PROJECT EXPENSES 107732 107732 104240 104240 9150242 8238905 911337 0 81881 20442 3845003 2373899 1163288 4162474 39418 21621 163791 359880 373609 109402 61918 264207 560819 639972 5916118 7842495 868531 764359 619338 616611 1487869 1380970 X 4428249 6461525 4428249 6461525 5916118 7842495 X 2008842 -19174 43608 X X 0 1 X 1 0 X 1016068 920555 1147706 4488666 5803282 13376277 5499059 5298258 5815374 5505293 5259377 27377361 6515127 6218813 6963080 9993959 11062659 40753638 0 786542 636496 831065 3717071 3283623 9254797 786542 636496 831065 3717071 3283623 9254797 31498841 100864 106593 129452 108399 76813 522121 100864 106593 129452 108399 76813 522121 74847 65525 106589 61600 57950 366511 6690838 6390931 7199121 10163958 11197422 41642270 0.75640 0.80150 0.01250 0.01880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32341 32341 341268 109402 231866 264207 INVESTMENT - ORTHO PROPERTIES, LLC 639972 639972 X 8793322 -19174 998229 979055 7814267 20356 3324461 3344817 11159084 9315678 3581389 3581389 5734289 20356 3395597 3415953 9150242 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE. UNDER THIS SECTION THE ORGANIZATION IS SUBJECT TO TAX ON INCOME WHICH IS UNRELATED TO THEIR EXEMPT PURPOSE. THE ORGANIZATION RECOGNIZES THE FINANCIAL IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION HAS NO ON-GOING FEDERAL OR STATE INCOME TAX AUDITS. THE ORGANIZATION IS NO LONGER SUBJECT TO U S FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE 2011 TAX YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTED TO OTHER CONSOLIDATED 990 FILER 998,229. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE ELIMINATED IN CONSOLIDATION 3,395,597. NET RENTAL LOSS INCLUDED IN EXPENSE PER BOOKS -71,136. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTED TO OTHER CONSOLIDATED FORM 990 FILER 3,553,861. NET RENTAL LOSS INCLUDED IN EXPENSE PER BOOKS 27,528. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES ELIMINATED IN CONSOLIDATION 3,395,597. 0 0 0 0 0 0 0 0 0 0 NORTH AMERICA MEDICAL RESEARCH 5500 MONETARY AWARD NORTH AMERICA MEDICAL RESEARCH 20000 MONETARY AWARD 2 0 0 0 0 0 0 0 SCHEDULE F, PART III: DIRECTOR OF MEMBERSHIP SERVICES MONITORS THE GRANTS AND AS PART OF THE CONTRACT WITH THE GRANTEE, A WRITTEN REPORT FROM THE GRANTEE AS TO THE RESULTS OF THE RESEARCH PROJECT IS REQUIRED. 1 ISAKOS 2678 BISHOP DRIVE SUITE 250 SAN RAMON CA 945832338 237379132 501C(3) 50000 EDUCATIONAL GRANT ORTHOPAEDIC LEARNING CENTER 9400 W HIGGINS ROAD ROSEMONT IL 60018 363999836 501C(3) 1891758 EDUCATIONAL GRANT 2 AWARDS FOR RESEARCH 3 7000 GRANTS FOR CURRENT RESEARCH 5 74500 SCHOLARSHIPS TO RESIDENTS 20 24749 PART I, LINE 2: DIRECTOR OF MEMBERSHIP SERVICES MONITORS THE GRANTS AND AS PART OF THE CONTRACT WITH THE GRANTEE A WRITTEN REPORT FROM THE GRANTEE AS TO THE RESULTS OF THE RESEARCH PROJECT IS REQUIRED. 1 X X 0 0 0 0 0 0 0 0 0 EDWARD GOSS EXECUTIVE DIRECTOR 252549 0 0 0 0 0 18941 0 0 0 271490 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION CONSISTS OF MEMBERS WHO ELECT A BOARD OF DIRECTORS TO GOVERN THE ASSOCIATION FORM 990, PART VI, SECTION A, LINE 7A A NOMINATION COMMITTEE IS CHOSEN BY THE MEMBERS. THE NOMINATION COMMITTEE CREATES A SLATE OF CANDIDATES FOR THE VARIOUS POSITIONS OF THE BOARD OF DIRECTORS. THE MEMBERS THEN VOTE ON THOSE POSITIONS FROM THE SLATE ALONG WITH AN OPPORTUNITY TO NOMINATE FROM THE FLOOR. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE ANY CHANGE IN THE ASSOCIATION BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS CIRCULATED ELECTRONICALLY IN ADVANCE OF FILING TO THE BOARD OF DIRECTORS. MEMBERS OF THE BOARD OF DIRECTORS MAY MAKE INQUIRIES OF THE ASSOCIATION STAFF ASSIGNED TO ITS PREPARATION OR OF THE INDEPENDENT AUDITORS WHO PREPARED THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THOSE INDIVIDUALS ARE REQUIRED TO MAKE ANNUAL STATEMENTS ON THE AAOS WEBSITE. THE ASSOCIATION USES THIS INFORMATION AND DISTRIBUTES IT TO ALL BOARD MEMBERS IN ADVANCE OF ALL MEETINGS INCLUDING COMMITTEE MEETINGS. AS A FIRST MATTER OF BUSINESS, THE CHAIRMAN OF THE MEETING SOLICITS A VERBAL CONFIRMATION OF THE CONFLICT OF INTEREST INFORMATION CONTAINED IN THE MEETING AGENDA BOOKLET AND REQUIRES THE MEMBERS TO MAKE A VERBAL STATEMENT AS TO ANY CHANGES TO THE PRESENTED INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 NONE OF THE MEMBERS OF THE BOARD OF DIRECTORS ARE COMPENSATED THEREFORE, THE PROCESS INCLUDES ONLY THE EXECUTIVE DIRECTOR(CEO) AND ASSOCIATION STAFF. THE PROCESS IS THE SAME FOR THE CEO AND ASSOCIATION STAFF. THE PROCESS IS INTEGRAL WITH THE BUDGET PROCESS, INITIALLY COMPENSATION IS REVIEWED BY THE CEO AND EXECUTIVE VICE PRESIDENT. TO INSURE THAT COMPENSATION IS APPORPRIATE, A COMPARISON TO A SURVEY TAKEN BY THE ASSOCIATION FORUM (A CHICAGO BASED ASSOCIATION OF ASSOCIATIONS), SPECIFICALLY COMPARED TO ASSOCIATIONS OF SIMILAR BUDGET SIZE, MEMBERSHIP COMPOSITION AND GEOGRAPHIC DEMOGRAPHICS. AN ATTEMPT IS MADE TO APPROXIMATE THE MEDIAN SALARY AND MEDIAN BONUS AT EACH POSITION. ANNUAL INCREASES ARE PEGGED TO THE CONSUMER PRICE INDEX. THIS PERCENTAGE IS APPLIED TO THE SURVEY RESULTS TO PROVIDE THE COMPENSATION BUDGETED FOR THE FOLLOWING YEAR. THE SCHEDULE OF PROPOSED COMPENSATION IS SUBMITTED TO THE FINANCE COMMITTEE, THAT REVIEWS THE PROPOSED COMPENSATION ALONG WITH INTERVIEWS OF THE STAFF IF WARRANTED. THE COMMITTEE MAKES ITS RECCOMMEDATION TO THE BOARD OF DIRECTORS AS PART OF THE ADOPTION OF THE BUDGET FOR THE FORTHCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS (BYLAWS), CONFLICT OF INTEREST POLICY, AND OUR FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET BOOK-TAX ADJUSTMENT ORTHO PROPERTIES, LLC 43,608. 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