Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $173,455

• 2a · Program service revenue: IDWEEK REVENUE SHARE

  total $1,311,946 · related or exempt $1,311,946

• 2b · Program service revenue: ANNUAL MEETING

  total $732,416 · related or exempt $732,416

• 2c · Program service revenue: JOURNALS

  total $698,747 · related or exempt $689,459 · unrelated business $9,288

• 2d · Program service revenue: MEMBERSHIP

  total $598,886 · related or exempt $598,886

• 2e · Program service revenue: CME INCOME

  total $68,227 · related or exempt $68,227

• 3 · Investment income

  total $189,424 · excluded $189,424

• 7a · Gross sales of assets other than inventory

  securities $1,733,104

• 7b · Less cost or other basis and sales expenses

  securities $1,680,619

• 7c · Gain or loss

  securities $52,485

• 7d · Net gain or loss

  total $52,485 · excluded $52,485

• 11a · Other revenue: OTHER INCOME

  total $5,801 · related or exempt $5,801

• 11e · Other revenue, total

  $5,801

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $325,000

• 3 · Grants to foreign organizations and individuals

  total $5,580

• 11a · Fees: management

  total $1,289,121

• 11c · Fees: accounting

  total $21,984

• 11d · Fees: lobbying

  total $19,500

• 11f · Fees: investment management

  total $21,767

• 11g · Fees: other

  total $184,676

• 12 · Advertising and promotion

  total $47,458

• 13 · Office expenses

  total $193,289

• 14 · Information technology

  total $9,161

• 16 · Occupancy

  total $86,381

• 17 · Travel

  total $113,223

• 19 · Conferences, conventions and meetings

  total $742,184

• 23 · Insurance

  total $3,215

• 24a · Other expenses: MEMBER SERVICES

  total $522,195

• 24b · Other expenses: EDUCATION

  total $145,848

• 24c · Other expenses: PROFESSIONAL DEVELOPMEN

  total $20,832

• 24d · Other expenses: GOVERNANCE

  total $6,577

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $950,033 · end of year $865,652

• 2 · Savings and temporary cash investments

  end of year $516,322

• 4 · Accounts receivable

  beginning of year $1,002,847 · end of year $419,916

• 9 · Prepaid expenses and deferred charges

  beginning of year $94,101 · end of year $76,914

• 10a · Land, buildings and equipment: cost or other basis

  $82,858

• 10b · Land, buildings and equipment: accumulated depreciation

  $82,858

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $5,553,338 · end of year $6,370,828

• 15 · Other assets

  beginning of year $89,231 · end of year $35,321

• 17 · Accounts payable and accrued expenses

  beginning of year $85,980 · end of year $31,842

• 19 · Deferred revenue

  beginning of year $260,704 · end of year $295,194

• 25 · Other liabilities

  beginning of year $512,024 · end of year $414,941

• 27 · Net assets without donor restrictions

  beginning of year $6,830,842 · end of year $7,542,976

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A, LINE 5

SOCIETY FOR HEALTHCARE EPIDEMIOLOGY OF AMERICA (SHEA) HAS ENTERED INTO AN AGREEMENT WITH INFECTIOUS DISEASES SOCIETY OF AMERICA (IDSA), AN UNRELATED NONPROFIT ORGANIZATION EXEMPT UNDER SECTION 501(C)(6) OF THE IRC, TO PROVIDE FACILITIES, MANAGEMENT AND ADMINISTRATIVE SERVICES. UNDER THE TERMS OF THIS AGREEMENT, SHEA REIMBURSES IDSA AT COST FOR ALL ALLOCATED SALARY AND BENEFITS OF THE SHEA AND SOCIETY FOR HEALTHCARE EPIDEMIOLOGY OF AMERICA FOUNDATION (SHEAF) PROFESSIONAL STAFF PAID BY IDSA AND AN ALLOCATION OF ADMINISTRATIVE SALARIES AND OVERHEAD. TOTAL MANAGEMENT FEE PAID TO IDSA FOR THE YEAR ENDED DECEMBER 31, 2023 TOTALED $1,523,043. SHEA OFFICERS COVERED BY THIS AGREEMENT ARE: KRISTY WEINSHEL, EXECUTIVE DIRECTOR AND BARTON GROH, VICE PRESIDENT FINANCE AND ADMINISTRATION.