2012-10-11T11:12:46-05:00 2011-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2011-01-01 363022713 THE SOCIETY OF THORACIC SURGEONS SOCI 3122025800 633 N SAINT CLAIR ST STE 2320 CHICAGO IL 60611 ROBERT A WYNBRANDT 3122025800 2012-10-01 1 KIMBERLY HAUMANN P00546491 3122071040 2012-10-01 2011 2016-02-24 21:20:13Z ROBERT A WYNBRANDT 633 N SAINT CLAIR ST STE 2320 CHICAGO IL 60611 26436680 0 X WWW.STS.ORG X 1971 IL TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE THROUGH EDUCATION, RESEARCH, AND ADVOCACY. 16 16 52 315 479173 6495 811911 1010183 11508375 12631710 946788 1364411 2828079 2610360 16095153 17616664 512500 250000 0 0 4258642 4758925 0 0 0 8889710 9667650 13660852 14676575 2434301 2940089 31596751 31427882 9583741 9055849 22013010 22372033 TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE THROUGH EDUCATION, RESEARCH, AND ADVOCACY. 0 0 EDUCATION - PROVIDE EDUCATIONAL ACTIVITIES AND PUBLISH A JOURNAL REGARDING MEDICAL AND SCIENTIFIC INFORMATION TO MORE THAN 6,000 MEMBERS. HEALTH POLICY - EDUCATE MORE THAN 6,000 MEMBERS ABOUT EXISTING AND PROPOSED LEGISLATION AND REGULATIONS, AND EDUCATE GOVERNMENTAL BODIES ABOUT THE SPECIALTY. QUALITY, RESEARCH, AND PATIENT SAFETY - DEVELOP AND MAINTAIN THE STS NATIONAL DATABASE FOR THORACIC SURGERY CLINICAL OUTCOMES, PROMULGATE CLINICAL PRACTICE GUIDELINES TO ENHANCE PATIENT CARE, AND ENGAGE IN RELATED ACTIVITIES. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 49 0 1 52 1 1 1 0 0 0 1 1 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X GEORGE BOHN 3122025800 633 N SAINT CLAIR ST SUITE 2320 CHICAGO IL 60611 MICHAEL J MACK 12.00 X X 8000 0 0 JEFFREY B RICH 12.00 X X 1000 0 0 DOUGLAS E WOOD 3.00 X X 1000 0 0 DAVID A FULLERTON 12.00 X X 5500 0 0 CAROLYN E REED 3.00 X X 1000 0 0 ROBERT S D HIGGINS 1.00 X X 0 0 0 DOUGLAS J MATHISEN 2.00 X X 0 0 0 GORDON F MURRAY 2.00 X X 0 0 0 FRIEDRICH W MOHR 2.00 X 0 0 0 BRUCE E KEOGH 2.00 X 0 0 0 CHRISTOPHER A CALDERONE 2.00 X 0 0 0 JEAN DESLAURIERS 2.00 X 0 0 0 JENNIFER S NELSON 2.00 X 0 0 0 MARK S ALLEN 2.00 X 0 0 0 JOSEPH F SABIK III 2.00 X 0 0 0 JOHN H CALHOON 2.00 X 0 0 0 RICHARD H FEINS 2.00 X 0 0 0 WALTER H MERRILL 2.00 X 0 0 0 RICHARD J SHEMIN 2.00 X 0 0 0 ROBERT A WYNBRANDT 60.00 X 642530 0 96050 SYLVIA L NOVICK 40.00 X 206326 0 31312 PHILLIP BONGIORNO 40.00 X 173334 0 33918 NANCY GRAY PUCKETT 40.00 X 174270 0 10844 CYNTHIA SHEWAN 40.00 X 174156 0 18195 DAMON MARQUIS 40.00 X 153834 0 17560 WALTER HAZLITT 40.00 X 144128 0 26753 JOYCE GAMBINO 40.00 X 135008 0 15484 GEORGE P BOHN 40.00 X 123832 0 22177 GRAHAME RUSH 40.00 X 107015 0 23248 DONNA MCDONALD 40.00 X 103557 0 10393 2154490 0 305934 11 0 1 0 DUKE UNIVERSITY PO BOX 17969 DURHAM NC 27715 DATABASE SUPPORT SERVICES 2062610 CPUP DEPARTMENT OF SURGERY 3400 SPRUCE ST 4 SILVERSTEIN PHILADELPHIA PA 19104 PUBLISHING 515749 PSAV PRESENTATION SERVICES 925 FREEPORT PARKWAY SUITE 100 COPPELL TX 75019 AUDIO-VISUAL SUPPORT 407500 CENTERPLATE 111 W HARBOR DRIVE SAN DIEGO CA 92101 CATERING SERVICE 337789 TELLIGEN 1776 W LAKES PARKWAY WEST DES MOINES IA 50266 DATA AUDITING 295959 18 335440 674743 1010183 NATIONAL DATABASE 611710 4586764 4586764 EDUCATIONAL MEETINGS 611710 3738323 3738323 MEMBERSHIP DUES 611710 2662404 2662404 PUBLICATIONS & SUBSCRI 611710 954419 954419 MANAGEMENT AGREEMENTS 611710 479173 479173 210627 210627 12631710 1072860 1072860 2546998 2546998 63362 0 63362 63362 63362 9111567 8820016 291551 291551 291551 17616664 12152537 479173 3974771 250000 1748829 2396127 74370 302987 236612 55373 38600 56692 3883238 30904 1779227 74909 647356 482740 2160541 322695 62420 MEMBERSHIP FEES 43336 29619 14676575 2967354 2515766 2310451 1301191 791163 1053235 642379 921751 2913220 1520036 1372416 1393184 22481631 23008444 1016804 1219758 14553 14553 31596751 31427882 3928551 4265779 5655190 4790070 9583741 9055849 X 21654056 22003052 358954 368981 22013010 22372033 31596751 31427882 X 2940089 -2581066 X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2308311 299375 -314407 -15032 530912 -545944 1286402 463717 822685 74772 73955 817 1552046 982364 569682 1393184 17616664 14676575 2940089 -2581066 -2581066 359023 15105980 -2581066 70382 -2510684 17616664 0 17616664 14715206 95323 95323 14619883 56692 56692 14676575 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). HOWEVER, THE SOCIETY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE SOCIETY'S APPLICATION OF GAAPUSA REGARDING UNCERTAIN TAX POSITIONS HAD NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE SOCIETY HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS EXEMPT STATUS. THE SOCIETY WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. THE SOCIETY IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2008. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXCLUDE RELATED ORGANIZATION - PAC REVENUE 127,074. INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME ON F/S -56,692. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXCLUDE RELATED ORGANIZATION - PAC EXPENSES 95,323. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME ON F/S 56,692. EUROPE 0 0 EACTS MEETING MEETING PARTICIPATION 34254 EUROPE 0 0 ESTS MEETING MEETING PARTICIPATION 7462 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT IN HEDGE FUNDS 1219758 0 0 0 0 0 0 1261474 0 1261474 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: FAIR VALUE 1 THE JOINT COUNCIL ON THORACIC SURGERY EDUCATION 633 N SAINT CLAIR SUITE 2320 CHICAGO IL 60611 263487555 501(C)(3) 250000 GENERAL SUPPORT 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STS REQUIRES GRANTEE ORGANIZATION TO PROVIDE REPORTS FOR EACH OF OUR THREE BOARD OF DIRECTORS MEETINGS EACH YEAR. IN ADDITION, STS OFFICERS AND DIRECTORS HAVE ONGOING COMMUNICATION WITH VARIOUS MEMBERS OF THIS GRANTEE ORGANIZATION'S BOARD OF DIRECTORS REGARDING THE STATUS OF ITS ACTIVITIES AND ITS WORK TOWARDS ITS RESPECTIVE MISSION. 1 X X X X 0 1 0 ROBERT A WYNBRANDT 459289 0 67563 0 115678 0 62250 0 33800 0 738580 0 98404 0 SYLVIA L NOVICK 182848 0 19895 0 3583 0 10384 0 20928 0 237638 0 0 0 PHILLIP BONGIORNO 157199 0 15059 0 1076 0 8983 0 24935 0 207252 0 0 0 NANCY GRAY PUCKETT 155033 0 16270 0 2967 0 7431 0 3413 0 185114 0 0 0 CYNTHIA SHEWAN 136771 0 17473 0 19912 0 7530 0 10665 0 192351 0 0 0 DAMON MARQUIS 136286 0 15019 0 2529 0 7437 0 10123 0 171394 0 0 0 WALTER HAZLITT 143491 0 0 0 637 0 3260 0 23493 0 170881 0 0 0 JOYCE GAMBINO 119703 0 12646 0 2659 0 6700 0 8784 0 150492 0 0 0 PART I, LINE 4B ROBERT A. WYNBRANDT, EXECUTIVE DIRECTOR & GENERAL COUNSEL, RECEIVED A BENEFIT OF 50,000 THROUGH THE 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP SOCIETY AND HAS MORE THAN 6,000 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERSHIP AT ITS ANNUAL MEETING PURSUANT TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY (E.G., REGARDING DUES AND BYLAWS AMENDMENTS) ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE ITS FORM 990. MANAGEMENT THEN REVIEWED THE COMPLETED FORM 990 AND PROVIDED A FULL COPY TO ALL VOTING MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS (I.E., THE GOVERNING BODY). THE VOTING MEMBERS OF THE GOVERNING BODY WERE GIVEN A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO MANAGEMENT OR CORPORATE OFFICERS. FINALLY, THE ORGANIZATION'S OFFICERS MET WITH MANAGEMENT AND DISCUSSED THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES, AND OTHERS ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A REQUIREMENT OF SERVICE. THE STATEMENT ON STS DISCLOSURE POLICY AND GUIDELINES REGARDING CONFLICTS OF INTEREST IS READ AT THE BEGINNING OF EVERY BOARD OF DIRECTORS, 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 DETERMINATION AS TO THE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15 15A. THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR THE EXECUTIVE DIRECTOR & GENERAL COUNSEL POSITION. THE SAME PROCESS IS USED TO DETERMINE THE SALARY FOR THE EXECUTIVE DIRECTOR & GENERAL COUNSEL AS FOR OTHER STS STAFF, EXCEPT THAT COMPARATIVE SALARY DATA FOR SIMILAR POSITIONS ARE OBTAINED FROM FORMS 990 OF OTHER NATIONAL MEDICAL SPECIALTY SOCIETIES. THIS INFORMATION IS SHARED WITH THE EXECUTIVE COMMITTEE WHICH DETERMINES THE NEW LEVEL OF COMPENSATION AND COMMUNICATES THE SALARY INFORMATION TO THE EXECUTIVE DIRECTOR & GENERAL COUNSEL AND TO THE DIRECTOR OF FINANCE AND ADMINISTRATION FOR IMPLEMENTATION. THIS PROCESS LAST TOOK PLACE IN 2010. AN ADJUSTMENT IS MADE TO THE EXECUTIVE DIRECTOR & GENERAL COUNSEL'S SALARY ANNUALLY FOR A MERIT INCREASE, WHICH IS BASED ON A FORMAL PERFORMANCE EVALUATION. 15B. COMPENSATION - THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR STS POSITIONS. THE CONSULTANT MEETS WITH THE EXECUTIVE DIRECTOR & GENERAL COUNSEL AND EACH STAFF DIRECTOR TO ASCERTAIN INFORMATION RELEVANT TO EACH POSITION. THE CONSULTANT ALSO REVIEWS EACH OF THE POSITION DESCRIPTIONS, DETERMINES APPROPRIATE MATCHES FROM COMPENSATION MARKET SURVEYS, E.G., WATSON WYATT, PRM, ASSOCIATION FORUM, AND ASAE, FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND COMPILES AND ANALYZES THIS MARKET DATA FOR EACH POSITION. THE CONSULTANT MEETS WITH THE EXECUTIVE DIRECTOR & GENERAL COUNSEL TO REVIEW THE COMPENSATION ANALYSIS, AND MAKES ADJUSTMENTS TO THE ANALYSIS, AS APPROPRIATE, BASED ON ADDITIONAL DATA PROVIDED BY THE EXECUTIVE DIRECTOR & GENERAL COUNSEL. UTILIZING THE CONSULTANT'S ANALYSIS, THE EXECUTIVE DIRECTOR & GENERAL COUNSEL MAKES SALARY ADJUSTMENTS AND COMMUNICATES NEW SALARIES IN WRITING TO OTHER KEY EMPLOYEES OF THE ORGANIZATION, AND SENDS THE DATA TO THE STS TREASURER FOR REVIEW. THIS PROCESS LAST TOOK PLACE IN 2010. ADJUSTMENTS ARE MADE TO SALARIES ANNUALLY FOR MERIT INCREASES, WHICH ARE BASED ON FORMAL PERFORMANCE EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS AND KEY GOVERNANCE POLICIES ARE AVAILABLE TO THE PUBLIC ON THE STS WEBSITE. OTHER GOVERNING DOCUMENTS, AS WELL AS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,581,066. SOCIETY OF THORACIC SURGEONS POLITICAL ACTION COMMITTEE 20 F STREET NW SUITE 310C WASHINGTON DC 20001 522017375 POLITICAL ACTION COMMITTEE DC 527 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0