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Nonprofiteer
← ARTHROSCOPY ASSOCIATION OF NORTH AMERICA INC

Form 990 for tax year 2023

Filed by ARTHROSCOPY ASSOCIATION OF NORTH AMERICA INC.

Totals

Total revenue
$9,046,168
Total expenses
$9,293,657
Contributions and grants received
$2,898,100
Grants paid
$725,606
Program service revenue
$4,079,327
Investment income
$136,841
Other revenue
$1,931,900
Total assets, end of year
$11,920,156
Total liabilities, end of year
$4,291,534
Net assets or fund balances, end of year
$7,628,622
Program services expenses (Part IX)
$7,880,676
Management and general expenses
$1,412,981
Fundraising expenses
$0
Program service expenses (Part III)
$7,880,676

Program services were 84.8% 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.

  • 1d · Related organizations

    $702,285

  • 1e · Government grants (contributions)

    $1,130,115

  • 1f · All other contributions, gifts and grants

    $1,065,700

  • 2a · Program service revenue: Educational meetings

    total $1,385,177 · related or exempt $1,385,177

  • 2b · Program service revenue: Membership dues

    total $2,018,486 · related or exempt $2,018,486

  • 2c · Program service revenue: Masters experience courses

    total $78,654 · related or exempt $78,654

  • 2d · Program service revenue: Editorial support

    total $566,960 · related or exempt $566,960

  • 2e · Program service revenue: Application/initiation fees

    total $9,050 · related or exempt $9,050

  • 2f · All other program service revenue

    total $21,000 · related or exempt $21,000 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $55,108 · excluded $55,108

  • 5 · Royalties

    total $1,830,958 · related or exempt $1,830,958

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $417,382

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

    securities $335,649

  • 7c · Gain or loss

    securities $81,733 · other assets $0

  • 7d · Net gain or loss

    total $81,733 · excluded $81,733

  • 11a · Other revenue: Management Fee revenue

    total $92,740 · excluded $92,740

  • 11b · Other revenue: Gain on Investment

    total $8,202 · excluded $8,202

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $100,942

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $682,106 · program services $682,106

  • 3 · Grants to foreign organizations and individuals

    total $43,500 · program services $43,500

  • 5 · Compensation of officers, directors and key employees

    total $701,387 · program services $583,211 · management and general $118,176

  • 7 · Other salaries and wages

    total $1,691,747 · program services $1,405,483 · management and general $286,264

  • 8 · Pension plan contributions

    total $119,564 · program services $100,249 · management and general $19,315

  • 9 · Other employee benefits

    total $362,610 · program services $302,293 · management and general $60,317

  • 10 · Payroll taxes

    total $152,222 · program services $129,212 · management and general $23,010

  • 11b · Fees: legal

    total $93,106 · program services $86,046 · management and general $7,060

  • 11c · Fees: accounting

    total $62,686 · management and general $62,686

  • 11f · Fees: investment management

    total $32,302 · management and general $32,302

  • 11g · Fees: other

    total $959,177 · program services $957,339 · management and general $1,838 · fundraising $0

  • 12 · Advertising and promotion

    total $125,812 · program services $110,781 · management and general $15,031

  • 13 · Office expenses

    total $89,152 · program services $76,915 · management and general $12,237

  • 14 · Information technology

    total $238,847 · program services $238,847

  • 16 · Occupancy

    total $570,696 · program services $389,370 · management and general $181,326

  • 17 · Travel

    total $537,304 · program services $522,385 · management and general $14,919

  • 19 · Conferences, conventions and meetings

    total $1,870,029 · program services $1,854,655 · management and general $15,374

  • 22 · Depreciation, depletion and amortization

    total $133,191 · program services $133,191

  • 23 · Insurance

    total $81,924 · program services $18,639 · management and general $63,285

  • 24a · Other expenses: Miscellaneous

    total $547,363 · program services $82,834 · management and general $464,529

  • 24b · Other expenses: Service & Admin Fees

    total $130,813 · program services $110,680 · management and general $20,133

  • 24c · Other expenses: License Fees & Taxes

    total $55,197 · program services $40,310 · management and general $14,887

  • 24d · Other expenses: Dues & Subscriptions

    total $10,403 · program services $10,403

  • 24e · All other expenses

    total $2,519 · program services $2,227 · management and general $292 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,101,322 · end of year $919,490

  • 4 · Accounts receivable

    beginning of year $3,311,217 · end of year $3,484,684

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $9,227 · end of year $9,227

  • 9 · Prepaid expenses and deferred charges

    beginning of year $494,454 · end of year $527,661

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

    $1,032,691

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

    $794,985

  • 10c · Land, buildings and equipment, net

    beginning of year $199,600 · end of year $237,706

  • 11 · Investments: publicly traded securities

    beginning of year $4,703,554 · end of year $5,794,665

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $1,109,348 · end of year $946,723

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,819,055 · end of year $2,245,579

  • 19 · Deferred revenue

    beginning of year $1,466,967 · end of year $1,656,762

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $508,172 · end of year $389,193

  • 27 · Net assets without donor restrictions

    beginning of year $7,134,528 · end of year $7,628,622

  • 28 · Net assets with donor restrictions

    beginning of year $0

Mission and programs · 2023

Mission

THE MISSION OF THE ARTHROSCOPY ASSOCIATION OF NORTH AMERICA IS TO ADVANCE THE ART AND SCIENCE OF ARTHROSCOPY AND MINIMALLY INVASIVE SURGERY THROUGH EDUCATION, SKILLS ASSESSMENT AND ADVOCACY.

Activities or mission (Part I)

THE ASSOCIATION IS DEDICATED TO ADVANCING MINIMALLY INVASIVE SURGICAL EDUCATION, ADVOCACY AND SKILLS ASSESSMENT TO IMPROVE PATIENT CARE.

  • SURGICAL SKILLS COURSES- THE ASSOCIATION PRESENTS COURSES ON ARTHROSCOPIC SURGICAL SKILLS, DIAGNOSIS, TREATMENT AND FOLLOW-UP. A PORTION OF THE GRANTS ARE SUPPORT OF A RELATED ORGANIZATION.

    Expenses $1,589,042 · Revenue $766,729

  • ANNUAL AND INTERIM MEETINGS-THE ASSOCIATION HOLDS MEETINGS FOR MEMBERS AND OTHER MEDICAL PROFESSIONALS FOR THE PURPOSE OF DISCUSSING CURRENT TOPICS IN ARTHROSCOPIC SURGERY VIA CLINICAL PAPERS, COURSES AND SYMPOSIA.

    Expenses $1,434,759 · Revenue $1,223,069

  • THE ASSOCIATION PRODUCES AND PROVIDES EDITORIAL DIRECTION TO A JOURNAL FOR MEMBERS AND OTHER MEDICAL PROFESSIONALS TO INCREASE THE LEVEL OF UNDERSTANDING IN THE FIELD OF ARTHROSCOPY.

    Expenses $1,087,206 · Revenue $2,397,918

  • OTHER PROGRAM EXPENSES

    Expenses $2,635,181 · Grants $725,606 · Revenue $1,501,569

  • THE ASSOCIATION SUPPORTS RESEARCH TO SUPPORT NEW INNOVATIONS AND TECHNIQUES IN THE FIELD OF ARTHROSCOPY.

    Expenses $1,134,488 · Revenue $21,000

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

Listed in Part VII

  • ALAN CURTIS MD

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JOHN KELLY MD

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JOHN TOKISH MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JOSEPH TAURO MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • KEVIN BONNER MD

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • AUGUSTUS MAZZOCCA MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • BRIAN WATERMAN MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • DON BUFORD MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • IVAN WONG MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JAMES STONE MD

    IMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JASON DRAGOO MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • JEANNE PATZKOWSKI MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • KEVIN PLANCHER MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • MARK GETELMAN MD

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • CHRISTINE NOGAL

    CHIEF OPPERATING AND BUSINESS DEVELOPMENT OFFICER

    Total calculated
    $257,510
    From this org
    $199,474
    From related orgs
    $0
    Other
    $58,036
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $180,612
    Bonus
    $9,987
    Other
    $8,875
    Deferred
    $14,428
    Nontaxable benefits
    $43,608
    Filer's total
    $257,510

  • Laura Downes

    CHEIF EXECUTIVE OFFICER

    Total calculated
    $443,880
    From this org
    $388,597
    From related orgs
    $0
    Other
    $55,283
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $328,660
    Bonus
    $35,000
    Other
    $24,937
    Deferred
    $23,507
    Nontaxable benefits
    $31,776
    Filer's total
    $443,880

  • ADAM FULTZ

    IT Director

    Total calculated
    $132,039
    From this org
    $107,494
    From related orgs
    $0
    Other
    $24,545
    Hours/week
    40

  • DENNIS SIENA

    VICE PRESIDENT OF FINANCE

    Total calculated
    $263,797
    From this org
    $205,845
    From related orgs
    $0
    Other
    $57,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,359
    Bonus
    $12,090
    Other
    $20,396
    Deferred
    $14,550
    Nontaxable benefits
    $43,402
    Filer's total
    $263,797

  • FRANCES PARK

    DIRECTOR OF MEETINGS

    Total calculated
    $165,956
    From this org
    $138,776
    From related orgs
    $0
    Other
    $27,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,395
    Bonus
    $5,383
    Other
    $998
    Deferred
    $10,125
    Nontaxable benefits
    $17,055
    Filer's total
    $165,956

  • KIM SANTANIELLO

    Vice President of Education and Research

    Total calculated
    $229,554
    From this org
    $184,816
    From related orgs
    $0
    Other
    $44,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,195
    Bonus
    $10,765
    Other
    $1,856
    Deferred
    $13,165
    Nontaxable benefits
    $31,573
    Filer's total
    $229,554

  • TERRI BRUCE

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $155,385
    From this org
    $128,908
    From related orgs
    $0
    Other
    $26,477
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $122,439
    Bonus
    $5,866
    Other
    $603
    Deferred
    $9,369
    Nontaxable benefits
    $17,108
    Filer's total
    $155,385

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202423069349300927

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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