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← SOCIETY FOR VASCULAR MEDICINE

Form 990 for tax year 2023

Filed by SOCIETY FOR VASCULAR MEDICINE.

Totals

Total revenue
$1,206,253
Total expenses
$975,296
Contributions and grants received
$38,325
Grants paid
$0
Program service revenue
$1,109,261
Investment income
$32,293
Other revenue
$26,374
Total assets, end of year
$2,078,372
Total liabilities, end of year
$372,070
Net assets or fund balances, end of year
$1,706,302
Program services expenses (Part IX)
$611,887
Management and general expenses
$363,409
Fundraising expenses
$0
Program service expenses (Part III)
$611,887

Program services were 62.7% 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

    $38,325

  • 2a · Program service revenue: ANNUAL MEETING

    total $839,268 · related or exempt $839,268

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $202,493 · related or exempt $202,493

  • 2c · Program service revenue: COURSE REGISTRATION

    total $38,360 · related or exempt $38,360

  • 2d · Program service revenue: JOURNAL EDITORIAL REVENUE

    total $29,040 · related or exempt $29,040

  • 2e · Program service revenue: JOURNAL SUBSCRIPTIONS

    total $100 · related or exempt $100

  • 3 · Investment income

    total $32,293 · excluded $32,293

  • 5 · Royalties

    total $26,374 · excluded $26,374

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $275,000 · management and general $275,000

  • 11b · Fees: legal

    total $3,499 · management and general $3,499

  • 11c · Fees: accounting

    total $9,403 · management and general $9,403

  • 11f · Fees: investment management

    total $3,384 · management and general $3,384

  • 13 · Office expenses

    total $37,553 · program services $15,443 · management and general $22,110

  • 14 · Information technology

    total $17,335 · program services $5,684 · management and general $11,651

  • 17 · Travel

    total $60,835 · program services $60,835

  • 19 · Conferences, conventions and meetings

    total $411,401 · program services $409,359 · management and general $2,042

  • 23 · Insurance

    total $5,544 · management and general $5,544

  • 24a · Other expenses: JOURNAL EXPENSES

    total $105,888 · program services $105,888

  • 24b · Other expenses: BANK AND CREDIT CARD FEES

    total $19,275 · management and general $19,275

  • 24c · Other expenses: CONTINUING MEDICAL EDUCAT

    total $14,678 · program services $14,678

  • 24d · Other expenses: STRATEGIC PLANNING

    total $10,000 · management and general $10,000

  • 24e · All other expenses

    total $1,501 · management and general $1,501

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $594,660 · end of year $348,593

  • 2 · Savings and temporary cash investments

    beginning of year $446,087 · end of year $591,263

  • 4 · Accounts receivable

    beginning of year $7,524

  • 9 · Prepaid expenses and deferred charges

    beginning of year $38,105 · end of year $41,276

  • 11 · Investments: publicly traded securities

    beginning of year $491,334 · end of year $1,097,240

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,101 · end of year $63,182

  • 19 · Deferred revenue

    beginning of year $129,605 · end of year $308,888

  • 27 · Net assets without donor restrictions

    beginning of year $1,390,004 · end of year $1,706,302

Mission and programs · 2023

Mission

THE PURPOSE OF THE SOCIETY IS TO SUPPORT THE FIELD OF VASCULAR MEDICINE AND BIOLOGY AND TO MAINTAIN THE HIGHEST STANDARDS OF PRACTICE, RESEARCH, EDUCATION, AND EXCHANGE OF SCIENTIFIC INFORMATION. A REGULAR MEETING, WHICH SPONSORS EDUCATION AND SCIENCE PROGRAMS, SHALL BE HELD ANNUALLY TO PROMOTE ITS PURPOSE. THE SOCIETY'S MISSION IS TO MOBILIZE THE VASCULAR COMMUNITY THROUGH EDUCATION, RESEARCH AND STANDARDS TO IMPROVE PATIENT CARE.

Activities or mission (Part I)

THE SOCIETY'S MISSION IS TO MOBILIZE THE VASCULAR COMMUNITY THROUGH EDUCATION, RESEARCH AND STANDARDS TO IMPROVE PATIENT CARE.

  • MEMBERS OF THE SOCIETY RECEIVE A SUBSCRIPTION TO THE JOURNAL, VASCULAR MEDICINE, AND ACCESS TO THE SOCIETY'S WEBSITE. THE JOURNAL FEATURES THE LATEST RESEARCH IN VASCULAR BIOLOGY INTEGRATED WITH THE PRACTICE OF VASCULAR MEDICINE AND VASCULAR SURGERY. THE JOURNAL IS PUBLISHED SIX TIMES PER YEAR.

    Expenses $105,888 · Revenue $67,500

  • THE ANNUAL MEETING SPONSORS EDUCATION AND SCIENCE PROGRAMS. THE ANNUAL MEETING, WHICH INVOLVES PHYSICIANS, RESEARCHERS, MEDICAL STUDENTS, RESIDENTS, FELLOWS AND HEALTHCARE PROFESSIONALS, HELPS THE SOCIETY SUPPORT THE FIELD OF VASCULAR MEDICINE AND BIOLOGY AND MAINTAIN THE HIGHEST STANDARDS OF PRACTICE, RESEARCH, EDUCATION AND EXCHANGE OF SCIENTIFIC INFORMATION.

    Expenses $317,022 · Revenue $604,727

  • MATERIALS AND TEXTBOOKS ARE DESIGNED FOR PHYSICIANS WHO WANT TO PREPARE FOR THE CERTIFICATE EXAM AND THOSE WANTING A COMPREHENSIVE UPDATE IN VASCULAR MEDICINE AND ENDOVASCULAR INTERVENTIONS. THIS INCLUDES THE FELLOWS COURSE AND THE PAD TOOLKIT PROJECT.

    Expenses $188,977 · Revenue $234,541

  • THE SOCIETY PROVIDES BENEFITS TO MEMBERS TO INCLUDE ACCESS TO SCIENTIFIC PROGRAMS AND NETWORKING OPPORTUNITIES WITH EXPERTS IN THE FIELD. THE SOCIETY COLLABORATES WITH OUTSIDE ENTITIES ON THE CONTENT AND DELIVERY OF EDUCATIONAL MATERIALS. THE MATERIALS ARE AVAILABLE TO SOCIETY MEMBERS AND VASCULAR MEDICINE PROFESSIONALS AND MAY SERVE AS A STANDARD KNOWLEDGE BASE FOR THE EXTENDED MEDICAL COMMUNITY.

    Revenue $202,493

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ido Weinberg MD Msc Mha Fsvm

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Ratchford MD Fsvm

    PRESIDENT -

    Total calculated
    $0
    Hours/week
    1
  • Aditya Sharma Mbbs Rpvi Fsvm

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Esther Soo Hyun Kim MD MPH Fsvm

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Herbert Aronow MD MPH Fsvm

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Marc P Bonaca MD MPH Fsvm

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Daniella Kadian-Dodov MD Fsvm

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Eri Fukaya MD Fsvm

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Yogen Kanthi MD Fsvm

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Eric A Secemski MD Msc Rpvi

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Mitchell D Weinberg MD MBA Fsvm

    TRUSTEE-AT-L

    Total calculated
    $0
    Hours/week
    1
  • Sue O'Sullivan

    MANAGING DIR

    Total calculated
    $0
    Hours/week
    1
  • Martin Roth

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    1

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
2023
Filed
4 November 2024
IRS schema version
2023v5.0
Source object
202403209349316300

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