Form 990 for tax year 2025
Filed by AMERICAN SOCIETY FOR ARTIFICIAL INTERNAL ORGANS INC.
Totals
- Total revenue
- $714,693
- Total expenses
- $743,310
- Contributions and grants received
- $36,969
- Grants paid
- $28,008
- Program service revenue
- $610,106
- Investment income
- $67,485
- Other revenue
- $133
- Total assets, end of year
- $2,104,079
- Total liabilities, end of year
- $99,272
- Net assets or fund balances, end of year
- $2,004,807
- Program services expenses (Part IX)
- $662,208
- Management and general expenses
- $81,102
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $662,208
Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$36,969
-
2a · Program service revenue: Annual conference
total $264,019 · related or exempt $264,019
-
2b · Program service revenue: Publication
total $261,519 · related or exempt $261,519
-
2c · Program service revenue: Membership dues
total $84,568 · related or exempt $84,568
-
3 · Investment income
total $58,996 · excluded $58,996
-
5 · Royalties
total $133 · related or exempt $133
-
7a · Gross sales of assets other than inventory
securities $284,774
-
7b · Less cost or other basis and sales expenses
securities $276,285
-
7c · Gain or loss
securities $8,489
-
7d · Net gain or loss
total $8,489 · excluded $8,489
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $28,008 · program services $28,008
-
11a · Fees: management
total $195,000 · program services $138,350 · management and general $56,650
-
11b · Fees: legal
total $381 · management and general $381
-
11c · Fees: accounting
total $1,050 · management and general $1,050
-
11f · Fees: investment management
total $519 · management and general $519
-
11g · Fees: other
total $146,805 · program services $146,805
-
13 · Office expenses
total $19,665 · management and general $19,665
-
19 · Conferences, conventions and meetings
total $259,927 · program services $259,927
-
23 · Insurance
total $2,837 · management and general $2,837
-
24a · Other expenses: Printing & publications
total $71,886 · program services $71,886
-
24b · Other expenses: Committees
total $17,232 · program services $17,232
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,947 · end of year $38,017
-
2 · Savings and temporary cash investments
beginning of year $82,062 · end of year $82,104
-
4 · Accounts receivable
beginning of year $71,379 · end of year $90,300
-
9 · Prepaid expenses and deferred charges
beginning of year $17,350 · end of year $30,000
-
11 · Investments: publicly traded securities
beginning of year $1,746,445 · end of year $1,863,658
-
17 · Accounts payable and accrued expenses
beginning of year $51,269 · end of year $53,397
-
19 · Deferred revenue
beginning of year $35,278 · end of year $45,875
-
27 · Net assets without donor restrictions
beginning of year $1,899,636 · end of year $1,960,649
-
28 · Net assets with donor restrictions
end of year $44,158
Mission and programs · 2025
Mission
ASAIO's mission is to provide a forum that globally and collaboratively promotes the development of innovative medical device technology at the crossroads of science, engineering, and medicine.
Activities or mission (Part I)
To provide a forum that promotes the development of innovative medical device technology.
-
Annual Meeting and Convention is a uniquely open and vibrant forum for the presentation of medical research equipment and advances in the field of artificial internal organs to educate the medical and science community.
Expenses $383,485 · Grants $28,008 · Revenue $264,019
-
ASAIO Journal is in the forefront of artificial organ research and development. On the cutting edge of innovative technology, it features peer-reviewed articles of the highest quality that describe research, development, the most recent advances in the design of artificial organ devices and findings from initial testing.
Expenses $218,691 · Revenue $261,652
-
Committees - The Society appoints committees to organize and operate various functions of the Society.
Expenses $60,032
As filed on the 2025 return.
Listed in Part VII
-
Claudius MahrDO FACC FESC
President/President-Elect
- Total calculated
- $0
- Hours/week
- 2
-
Keshava RajagopalMD PhD
President-Elect/Sec-Treas
- Total calculated
- $0
- Hours/week
- 2
-
Dongfang Wang MD PhD
Immediate Past Pres/Pres
- Total calculated
- $0
- Hours/week
- 2
-
Pramond Bonde MD
Past President/Imm Past Pres
- Total calculated
- $0
- Hours/week
- 2
-
Kiyotaka FukamachiMD PhD
Sec-Treas/Program Chair
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Conway MD FRCPC
Program Chair/Prog Chair-Elect
- Total calculated
- $0
- Hours/week
- 2
-
Darren Freed
Deputy Program Chair
- Total calculated
- $0
- Hours/week
- 2
-
Bindu Akkanti MD FCCP
Deputy Prog Chair-Elect/Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Zwischenberger
Investment Director
- Total calculated
- $0
- Hours/week
- 2
-
Yeahwa Hong
ASAIOFYI President
- Total calculated
- $0
- Hours/week
- 2
-
Annie Hedman MD
ASAIOFYI Past Pres/ASAIOFYI Pres
- Total calculated
- $0
- Hours/week
- 2
-
Bettina Wiegmann
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Cristiano Amarelli
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Kagya Amoako
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jamshid H Karimov MD PHD
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Venkat Keshav Chivukula PhD
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Schroeder PhD
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Alvaro Rojas-Pena MD
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Song Li
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Joshua Cysyk
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Mustafa Ahmed
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Egmen Tuzun MD
Past President (6/25)
- Total calculated
- $0
- Hours/week
- 2
-
Robert Kroslowitz
Investment Director (6/25)
- Total calculated
- $0
- Hours/week
- 2
-
Jutta Arens PHD
Trustee (6/25)
- Total calculated
- $0
- Hours/week
- 2
-
Piet Jansen MD PhD
Trustee (6/25)
- Total calculated
- $0
- Hours/week
- 2
-
Alice Sweedo PhD
ASAIOFYI Past Pres (6/25)
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 26 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612589349300331
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