2013-11-11T16:28:31-06:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2012-01-01 362110592 AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS AMER 8478237186 6300 NORTH RIVER ROAD ROSEMONT IL 600184262 KAREN L HACKETT 8478237186 2013-10-31 1 ROBERT J NOWAK CPA MST P00527435 6305738600 2012 2016-03-07 17:11:31Z KAREN L HACKETT 6300 NORTH RIVER ROAD ROSEMONT IL 600184262 117563862 0 X WWW.AAOS.ORG X 1948 IL SERVE THE PROFESSION OF ORTHOPAEDIC SURGERY, CHAMPION THE INTERESTS OF PATIENTS, AND ADVANCE THE HIGHEST QUALITY MUSCULOSKELETAL HEALTH. 16 12 299 3529 1642863 283018 11432158 11515835 25682877 26260322 1736184 7709759 1755560 746393 40606779 46232309 219023 246728 0 0 16420521 17312069 0 0 67675 18618520 19880131 35258064 37438928 5348715 8793381 85261000 92976472 17933318 17924675 67327682 75051797 X SERVE THE PROFESSION OF ORTHOPAEDIC SURGERY, CHAMPION THE INTERESTS OF PATIENTS, AND ADVANCE THE HIGHEST QUALITY MUSCULOSKELETAL HEALTH. 0 0 7958920 15892701 ANNUAL MEETING - PRESENTATION OF LECTURES AND SYMPOSIA ON ORTHOPAEDIC SURGERY AND RELATED TOPICS. 2012 ATTENDANCE: 29,510. 4606835 3886782 COURSE EDUCATION - COURSES PROVIDED TO ORTHOPAEDIC PROFESSIONALS TO KEEP THEM ABREAST OF THE LATEST ADVANCES IN ORTHOPAEDIC SURGERY AND CARE AND TO PROVIDE CME. 39 COURSES AND 15 WEBINARS OFFERED IN 2012. 2994149 2406650 SPECIALTY SOCIETY MANAGEMENT - PROVIDE MEETING MANAGEMENT SERVICES FOR ORTHOPAEDIC SPECIALTY SOCIETIES AND PROMOTE ORTHOPAEDIC UNITY AMOUNG SOCIETIES. 11 SPECIALTY SOCIETIES. 10369512 246728 -742279 OTHER PROGRAM SERVICES - INCLUDING PUBLIC RELATIONS, BOARD OF COUNCILORS, ADVOCACY, EDUCATION PROGRAMS, INTERNATIONAL ACTIVITIES, AND RESEARCH AND SCIENTIFIC AFFAIRS. 10369512 246728 -742279 25929416 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 175 0 299 1 1 1 0 0 0 0 1 1 0 0 0 0 X 16 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MR RICHARD STEWART COOCFO 8478237186 6300 NORTH RIVER ROAD ROSEMONT IL 600184262 JOHN R TONGUE MD 7.50 7.50 X X 119125 0 0 JOSHUA J JACOBS MD 5.00 5.00 X X 86934 0 0 FREDERICK M AZAR MD 5.00 5.00 X X 40707 0 0 ANDREW N POLLAK MD 2.50 2.50 X X 142863 0 0 DANIEL J BERRY MD 1.50 1.50 X X 13946 0 0 FRED C REDFERN MD 1.00 1.00 X 9043 0 0 WILFORD K GIBSON MD 1.00 1.00 X 5116 0 0 JOHN J MCGRAW MD 1.00 1.00 X 731 0 0 STEVEN D K ROSS MD 1.00 1.00 X 1294 0 0 GREGORY A MENCIO MD 1.00 1.00 X 1962 0 0 DAVID C TEMPLEMAN MD 1.00 1.00 X 0 0 0 ANNUNZIATO NED AMENDOLA MD 1.00 1.00 X 0 0 0 MININDER S KOCHER MD 1.00 1.00 X 0 0 0 NAOMI N SHIELDS MD 1.00 1.00 X 0 0 0 MATTHEW B DOBBS MD 1.00 1.00 X 2425 0 0 WILLIAM J BEST 1.00 1.00 X 2635 0 0 KAREN L HACKETT 40.00 40.00 X 586924 0 52412 RICHARD J STEWART 30.00 30.00 X 331344 0 35912 RICHARD N PETERSON 30.00 30.00 X 298475 0 35912 CONSTANCE FILLING 50.00 10.00 X 155511 0 26313 HOWARD MEVIS 40.00 10.00 X 215013 0 31344 SANDRA GORDON 40.00 10.00 X 188850 0 28841 JAMES OGLE 25.00 25.00 X 187109 0 28827 LEWIS JENKINS 30.00 20.00 X 161998 0 26357 SUSAN MCSORLEY 45.00 5.00 X 164357 0 26645 LYNNE DOWLING 45.00 5.00 X 157437 0 25875 MARITA POWELL 30.00 20.00 X 156791 0 26087 JENNIFER JONES 45.00 5.00 X 155827 0 25946 JEFFREY KRAMER 45.00 5.00 X 148054 0 25197 MARILYN FOX 30.00 20.00 X 145413 0 24852 3479884 0 420520 29 1 1 0 WEBER SHANDWICK PO BOX 7247-6593 PHILADELPHIA PA 19170 PUBLIC RELATIONS/MARKETING 556676 MARTIN GROUP 949 NORTH PLUM GROVE ROAD STE C SCHAUMBURG IL 60173 GRAPHIC ARTS 477701 AUGUST LANG & HUSAK INC 4630 MONTGOMERY AVENUE STE 400 BETHESDA MD 20814 ADVERTISING CONSULTANTS 376665 JONES LANG LASALLE 200 E RANDOLPH DRIVE CHICAGO IL 60601 REAL ESTATE SERVICES 305408 FREEMAN 5040 W ROOSEVELT ROAD CHICAGO IL 60644 TRADE SHOW/EXHIBIT MANAGEMENT 294649 21 9750000 33000 1732835 11515835 ANNUAL MEETING 541900 16175851 15892701 283150 COURSE EDUCATION 541900 3886782 3886782 SPECIALTY SOCIETY MANAGEMENT 541900 2406650 2406650 PUBLICATIONS 541900 1754087 546977 1207110 RENTAL INCOME FROM 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4169877 612509 38556 4743830 5076503 -862794 43832 4169877 1.00000 0 0 1148588 1148588 18654119 9533103 9121016 8504502 5169805 3334697 13604301 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO FINANCE ORTHOPAEDIC MEDICAL EDUCATION. UP TO 5% OF THIS FUND CAN BE USED ANNUALLY TO PROVIDE DISCRETIONARY PROJECT FUNDS FOR THE COUNCIL ON EDUCATION AND THE COUNCIL ON RESEARCH AND QUALITY. ADDITIONALLY, IT IS USED TO FUND QUALITY INITIATIVE PROJECTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ACADEMY AND THE ASSOCIATION'S APPLICATION OF GAAP REGARDING UNCERTAIN TAX POSITIONS HAS NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ACADEMY AND THE ASSOCIATION HAVE NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS NOT-FOR-PROFIT TAX STATUS, THEREFORE, NO LIABILITY RELATING TO UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AS OF DECEMBER 31, 2012 OR 2011. THE ACADEMY AND THE ASSOCIATION WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2009. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATION PROGRAMS 2441 EAST ASIA AND THE PACIFIC 0 0 SCHOLARSHIP/GRANT 9650 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATION PROGRAMS 2421 MIDDLE EAST AND NORTH AFRICA 0 0 SCHOLARSHIP/GRANT 15000 NORTH AMERICA 0 0 PROGRAM SERVICES EDUCATION PROGRAMS 1188 NORTH AMERICA 0 0 SCHOLARSHIP/GRANT 6290 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATION PROGRAMS 4450 CENTRAL AMERICA AND THE CARIBBEAN 0 0 SCHOLARSHIP/GRANT 50000 0 0 0 0 0 0 91440 0 91440 SCHOLARSHIP EAST ASIA AND THE PACIFIC 3 9650 CASH SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 5 15000 CASH SCHOLARSHIP NORTH AMERICA 2 6290 CASH SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 10 50000 CASH 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: FOR SCHOLARSHIPS, THE ACADEMY PAYS THE EXPENSES DIRECTLY FOR EACH RECIPIENT AND DISBURSES THE REMAINDER TO COVER TRAVEL EXPENSES PAID BY THE RECIPIENT. COCKTAIL PARTY 20845 20845 575 3435 2537 966 20845 20845 575 3435 2537 966 7513 13332 1 TENNESSEE ORTHOPAEDIC SOCIETY PO BOX 159035 NASHVILLE TN 37215 626075838 501(C)(6) 6000 STATE SOCIETY ASSISTANCE CALIFORNIA ORTHOPAEDIC ASSOCIATION 5380 ELVAS AVENUE SACRAMENTO CA 95819 953141127 501(C)(6) 8500 STATE SOCIETY ASSISTANCE ORTHOPAEDIC LEARNING CENTER 6300 NORTH RIVER ROAD ROSEMONT IL 60018 363999836 501(C)(3) 20000 GENERAL SUPPORT AMERICAN JOINT REPLACEMENT REGISTRY 6300 NORTH RIVER ROAD ROSEMONT IL 60018 270645591 501(C)(3) 50000 GENERAL SUPPORT PARTNERS IN HEALTH 888 COMMONWEALTH AVENUE BOSTON MA 02215 043567502 501(C)(3) 10000 GENERAL SUPPORT UNITED STATES BONE AND JOINT INITIATIVE 6300 NORTH RIVER ROAD ROSEMONT IL 60018 134223933 501(C)(3) 20000 GENERAL SUPPORT 4 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAKES CONTRIBUTIONS TO OTHER ENTITIES WITH SIMILAR ORTHOPAEDIC RELATED MISSIONS FOR THE GENERAL SUPPORT OF THESE ORGANIZATIONS. IF THE FUNDS ARE TO BE USED FOR GENERAL SUPPORT OF THEIR MISSION, WE DO NOT REQUIRE THESE ORGANIZATIONS TO SUBSTANTIATE THEIR EXPENDITURES RELATED TO THESE CONTRIBUTIONS. FOR SOME PROJECTS, HOWEVER, A FINAL REPORT IS REQUIRED TO SUBSTANTIATE THE EXPENDITURES. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 KAREN L HACKETT 421792 0 160000 0 5132 0 41500 0 10912 0 639336 0 0 0 RICHARD J STEWART 289492 0 34381 0 7471 0 25000 0 10912 0 367256 0 0 0 RICHARD N PETERSON 281312 0 9950 0 7213 0 25000 0 10912 0 334387 0 0 0 CONSTANCE FILLING 154007 0 101 0 1403 0 15401 0 10912 0 181824 0 0 0 HOWARD MEVIS 204325 0 3885 0 6803 0 20432 0 10912 0 246357 0 0 0 SANDRA GORDON 179287 0 5723 0 3840 0 17929 0 10912 0 217691 0 0 0 JAMES OGLE 179153 0 3469 0 4487 0 17915 0 10912 0 215936 0 0 0 LEWIS JENKINS 154454 0 5147 0 2397 0 15445 0 10912 0 188355 0 0 0 SUSAN MCSORLEY 157334 0 3195 0 3828 0 15733 0 10912 0 191002 0 0 0 LYNNE DOWLING 149626 0 2891 0 4920 0 14963 0 10912 0 183312 0 0 0 MARITA POWELL 151745 0 2986 0 2060 0 15175 0 10912 0 182878 0 0 0 JENNIFER JONES 150338 0 2198 0 3291 0 15034 0 10912 0 181773 0 0 0 JEFFREY KRAMER 142851 0 2492 0 2711 0 14285 0 10912 0 173251 0 0 0 MARILYN FOX 139401 0 3221 0 2791 0 13940 0 10912 0 170265 0 0 0 PART I, LINE 1A AIRFARE ONE CLASS UP FROM COACH IS AVAILABLE TO THE PRESIDENTIAL LINE FOR ALL AAOS ACTIVITIES, HOWEVER, NO PEOPLE RECEIVED THIS BENEFIT IN 2012. AIRFARE ONCE CLASS UP FROM COACH IS AVAILABLE TO THE BOARD OF DIRECTORS FOR ALL BOARD-RELATED ACTIVITIES AND 10 PEOPLE RECEIVED THIS BENEFIT IN 2012. TRAVEL FOR COMPANIONS IS AVAILABLE TO THE BOARD OF DIRECTORS AND EXECUTIVE TEAM MEMBERS (CEO, COO/CFO, CHIEF EDUCATION OFFICER, MEDICAL DIRECTOR, AND GENERAL COUNSEL) AND THE AMOUNT OF COMPANION TRAVEL WAS TREATED AS TAXABLE COMPENSATION TO ALL WHO RECEIVED THIS BENEFIT (1 PERSON IN 2012). THE BOARD OF DIRECTORS RECEIVES GROSS-UP PAYMENTS FOR THIS COMPENSATION AND THAT IS ALSO TREATED AS TAXABLE COMPENSATION (18 PEOPLE IN 2012). PART I, LINE 4B KAREN HACKETT, CHIEF EXECUTIVE OFFICER, ACCRUED A 457F SUPPLEMENTAL RETIREMENT PAYMENT OF $16,500, WHICH IS INCLUDED IN SCHEDULE J, PART II DEFERRED COMPENSATION. ANDREW N POLLAK MD BOARD MEMBER 139717 THE BOARD MEMBER IS THE EDITOR OF ONE OF THE ACADEMY'S PRODUCT LINES. HIS COMPANY RECEIVES A ROYALTY BASED ON A PERCENTAGE OF THE SALES ASSOCIATED WITH THAT PRODUCT LINE. 1 FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ASSOCIATION, THE ORGANIZATION CURRENTLY HAS 36,945 MEMBERS. ALL FELLOWS AND MEMBERS OF THE AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS (ACADEMY), SHALL ALSO BE CONSIDERED FELLOWS AND MEMBERS OF THE SAME CLASSIFICATION OF THE AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS (ASSOCIATION), A RELATED ORGANIZATION. THERE ARE TWO CATEGORIES OF MEMBERSHIP IN THE ACADEMY AND THE ASSOCIATION: FELLOWS AND MEMBERS. ONLY FELLOWS SHALL HAVE THE RIGHT TO VOTE AND HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS OF THE OFFICERS AND THE AT-LARGE MEMBERS OF THE ASSOCIATION AND ACADEMY BOARD OF DIRECTORS SHALL BE DETERMINED BY THE ADOPTION OF THE REPORT OF THE NOMINATING COMMITTEE OR BY THE VOICE, WRITTEN, OR ELECTRONIC BALLOT OF THOSE FELLOWS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING. EACH FELLOW WHO IS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING SHALL BE ENTITLED TO ONE (1) VOTE FOR EACH OFFICER OF THE ASSOCIATION AND ACADEMY, MEMBER OF THE BOARD OF DIRECTORS, MEMBER OF THE MEMBERSHIP COMMITTEE, AND NOMINEES TO THE AMERICAN BOARD OF ORTHOPAEDIC SURGERY TO BE ELECTED. THOSE INDIVIDUALS RECEIVING THE GREATEST NUMBER OF VOTES SHALL BE CONSIDERED ELECTED, EVEN IF THEY DO NOT RECEIVE A MAJORITY OF THE VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. A CONFERENCE CALL IS SCHEDULED FOR THE CPA FIRM AND ORGANIZATION MANAGEMENT TO DISCUSS THE FORM 990 WITH THE FINANCE COMMITTEE AND TO ANSWER ANY QUESTIONS PRIOR TO FILING FORM 990 WITH THE IRS. THE FINANCE COMMITTEE HAS BEEN DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 BY THE VOTING MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, KEY VOLUNTEERS, AND KEY STAFF ARE NOTIFIED IN WRITING TWICE A YEAR TO UPDATE THEIR WRITTEN DISCLOSURES. THE DISCLOSURE DATABASE IS MAINTAINED ELECTRONICALLY AND ANYONE WHO HAS NOT UPDATED THEIR RECORD IS NOTIFIED UNTIL THEY HAVE DONE SO. ADDITIONALLY, BEFORE EVERY BOARD AND COMMITTEE MEETING PARTICIPANTS ARE ASKED IF THEY HAVE ANYTHING NEW TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS DESIGNATED BY THE VOTING MEMBERS OF THE GOVERNING BODY AND IS CHARGED WITH DEVELOPING AND NEGOTIATING THE TERMS OF EMPLOYMENT AND ESTABLISHING THE TOTAL COMPENSATION PACKAGE FOR DESIGNATED POSITIONS. AN EVALUATION PROCESS IS COMPLETED ANNUALLY AND A RECOMMENDATION IS MADE REGARDING COMPENSATION THAT IS SENT TO THE BOARD FOR APPROVAL. THIS PROCESS INCLUDES THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER, CHIEF EDUCATION OFFICER, MEDICAL DIRECTOR, AND GENERAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE WHICH IS OPEN TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE APPLICABLE GOVERNMENTAL AGENCIES. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS 6300 NORTH RIVER ROAD ROSEMONT IL 60018 364241052 ADVOCACY ACTIVITIES ON BEHALF OF PATIENTS AND PROFESSIONALS IL 501(C)(6) N/A 0 CENTER FOR ORTHOPAEDIC ADVANCEMENT NFP 6300 NORTH RIVER ROAD ROSEMONT IL 60018 263164922 SUPPORT EDUCATIONAL ACTIVITIES OF AAOS IL 501(C)(3) LINE 11A, I N/A 0 AMERICAN JOINT REPLACEMENT REGISTRY NFP 6300 NORTH RIVER ROAD ROSEMONT IL 60018 270645591 FOSTER A NATIONAL CENTER FOR DATA COLLECTION ON JOINT REPLACEMENTS IL 501(C)(3) LINE 11A, I N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS C 9750000 COST AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS Q 3728955 COST