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← THE SOCIETY FOR THE ADVANCEMENT OF BLOOD MANAGEMENT

Form 990 for tax year 2024

Filed by THE SOCIETY FOR THE ADVANCEMENT OF BLOOD MANAGEMENT.

Totals

Total revenue
$651,219
Total expenses
$595,714
Contributions and grants received
$48,795
Grants paid
$0
Program service revenue
$598,754
Investment income
$3,670
Other revenue
$0
Total assets, end of year
$430,443
Total liabilities, end of year
$31,103
Net assets or fund balances, end of year
$399,340
Program services expenses (Part IX)
$478,301
Management and general expenses
$117,413
Fundraising expenses
$0
Program service expenses (Part III)
$478,301

Program services were 80.3% 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

    $48,795

  • 2a · Program service revenue: ANNUAL MEETING

    total $389,910 · related or exempt $389,910

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $182,394 · related or exempt $182,394

  • 2c · Program service revenue: PBM CERTIFICATE COURSE

    total $26,150 · related or exempt $26,150

  • 2f · All other program service revenue

    total $300 · related or exempt $300

  • 3 · Investment income

    total $3,670 · excluded $3,670

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $210,000 · program services $144,442 · management and general $65,558

  • 11b · Fees: legal

    total $10,673 · management and general $10,673

  • 11c · Fees: accounting

    total $6,000 · management and general $6,000

  • 11f · Fees: investment management

    total $144 · management and general $144

  • 11g · Fees: other

    total $102,017 · program services $98,973 · management and general $3,044

  • 13 · Office expenses

    total $11,799 · program services $7,949 · management and general $3,850

  • 14 · Information technology

    total $18,774 · program services $14,830 · management and general $3,944

  • 17 · Travel

    total $22,035 · program services $15,384 · management and general $6,651

  • 19 · Conferences, conventions and meetings

    total $173,059 · program services $164,634 · management and general $8,425

  • 23 · Insurance

    total $4,987 · program services $3,428 · management and general $1,559

  • 24a · Other expenses: BANK & CREDIT CARD FEES

    total $18,896 · program services $12,988 · management and general $5,908

  • 24b · Other expenses: ACCREDITATION

    total $5,500 · program services $5,500

  • 24e · All other expenses

    total $11,830 · program services $10,173 · management and general $1,657

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $110,772 · end of year $372,330

  • 2 · Savings and temporary cash investments

    beginning of year $194,642

  • 4 · Accounts receivable

    beginning of year $34,150 · end of year $8,830

  • 9 · Prepaid expenses and deferred charges

    beginning of year $26,845 · end of year $624

  • 11 · Investments: publicly traded securities

    beginning of year $46,168 · end of year $48,659

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,794 · end of year $6,153

  • 19 · Deferred revenue

    beginning of year $33,345 · end of year $24,950

  • 27 · Net assets without donor restrictions

    beginning of year $269,936 · end of year $347,349

  • 28 · Net assets with donor restrictions

    beginning of year $73,502 · end of year $51,991

Mission and programs · 2024

Mission

THE SOCIETY FOR THE ADVANCEMENT OF PATIENT BLOOD MANAGEMENT, INC. (SABM) WAS FORMED TO IMPROVE HEALTH, INCREASE SAFETY, AND REDUCE HEALTHCARE COSTS THROUGH THE ADVANCEMENT OF SCIENTIFIC KNOWLEDGE AND PRACTICE IN PATIENT BLOOD MANAGEMENT (PBM), WITH THE VISION THAT COMPREHENSIVE PBM WILL BE THE GLOBAL STANDARD OF CARE.

Activities or mission (Part I)

IMPROVE PATIENT OUTCOMES THROUGH OPTIMAL PATIENT BLOOD MANAGEMENT

  • ANNUAL MEETING - SABM HOSTS AN ANNUAL MEETING EACH FALL THE PRINCIPAL GOAL OF WHICH IS TO EDUCATE ATTENDEES IN PATIENT BLOOD MANAGEMENT, INCLUDING THE TIMELY APPLICATION OF EVIDENCE-BASED MEDICAL AND SURGICAL CONCEPTS DESIGNED TO MAINTAIN HEMOGLOBIN CONCENTRATION, OPTIMIZE HEMOSTASIS, AND MINIMIZE BLOOD LOSS IN AN EFFORT TO IMPROVE PATIENT OUTCOMES. THE TARGET AUDIENCE FOR THE MEETING CONSISTS OF MEDICAL PROFESSIONALS WHO CARE FOR ANEMIC AND SURGICAL PATIENTS, AS WELL AS ADMINISTRATORS WHO ARE INTERESTED IN IMPROVING PATIENT OUTCOMES WHILE REDUCING HEALTHCARE COSTS.

    Expenses $402,153 · Revenue $389,910

  • RESEARCH PROJECTS - THROUGH ITS SCIENTIFIC TASKFORCE SABM IDENTIFIES UNMET NEEDS IN PATIENT BLOOD MANAGEMENT AND PROMOTES NEW SCIENTIFIC, RESEARCH, AND SCHOLARLY ACTIVITIES, STRENGTHENING THE SCIENTIFIC CREDIBILITY AND FRAMEWORK OF SABM EFFORTS, AND FACILITATING ADDITIONAL RESOURCES, IDEAS, AND COLLABORATION.

    Expenses $63,311

  • PBM CERTIFICATE COURSE - SABM MAINTAINS AN ONLINE PBM CERTIFICATE COURSE DESIGNED TO ASSIST PHYSICIANS, NURSES, AND OTHER HEALTHCARE PROFESSIONALS GROW THEIR FOUNDATIONAL KNOWLEDGE AND SKILLS IN PBM. THIS IMMERSIVE AND COMPREHENSIVE LEARNING EXPERIENCE OFFERS ADMINISTRATIVE GUIDANCE, PBM PROGRAM PRINCIPLES, CLINICAL CONCEPTS, AND BEST PRACTICE APPLICATIONS THAT ALIGN WITH THE SABM ADMINISTRATIVE AND CLINICAL STANDARDS.

    Expenses $12,837 · Revenue $26,150

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Linda Shore-Lesserson MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Matthew Warner MD

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    2
  • Carolyn Burns MD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Rebecca Rock

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Gagan Mathur MD

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Andrews MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Susan Goobie MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tiffany Hall RN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jacob Raphael MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Majed Refaai MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mary Ann Sromoski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Erin Suydam MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pierre Tibi MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sarah Walbolt RN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Haley Brust

    EXECUTIVE DIRECTOR (TMG)

    Total calculated
    $0
    Hours/week
    20

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
2024
Filed
10 October 2025
IRS schema version
2024v5.2
Source object
202542889349302824

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