Form 990 for tax year 2023
Filed by AMERICAN SOCIETY FOR ARTIFICIAL INTERNAL ORGANS INC.
Totals
- Total revenue
- $773,222
- Total expenses
- $744,737
- Contributions and grants received
- $30,382
- Grants paid
- $38,725
- Program service revenue
- $698,016
- Investment income
- $44,824
- Other revenue
- $0
- Total assets, end of year
- $1,787,928
- Total liabilities, end of year
- $17,644
- Net assets or fund balances, end of year
- $1,770,284
- Program services expenses (Part IX)
- $672,596
- Management and general expenses
- $72,141
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $672,596
Program services were 90.3% 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
$30,382
-
2a · Program service revenue: ANNUAL CONFERENCE
total $361,064 · related or exempt $361,064
-
2b · Program service revenue: PUBLICATION
total $232,643 · related or exempt $232,643
-
2c · Program service revenue: MEMBERSHIP DUES
total $104,309 · related or exempt $104,309
-
3 · Investment income
total $47,700 · excluded $47,700
-
7a · Gross sales of assets other than inventory
securities $255,827
-
7b · Less cost or other basis and sales expenses
securities $258,703
-
7c · Gain or loss
securities -$2,876
-
7d · Net gain or loss
total -$2,876 · excluded -$2,876
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $38,725 · program services $38,725
-
11a · Fees: management
total $180,306 · program services $131,468 · management and general $48,838
-
11b · Fees: legal
total $357 · management and general $357
-
11c · Fees: accounting
total $900 · management and general $900
-
11f · Fees: investment management
total $508 · management and general $508
-
11g · Fees: other
total $128,280 · program services $128,280
-
13 · Office expenses
total $18,809 · management and general $18,809
-
19 · Conferences, conventions and meetings
total $324,908 · program services $324,908
-
23 · Insurance
total $2,729 · management and general $2,729
-
24a · Other expenses: COMMITTEES
total $29,630 · program services $29,630
-
24b · Other expenses: PRINTING AND PUBLICATIONS
total $19,585 · program services $19,585
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $126,287 · end of year $40,846
-
2 · Savings and temporary cash investments
beginning of year $75,510 · end of year $75,548
-
4 · Accounts receivable
beginning of year $33,923 · end of year $54,219
-
9 · Prepaid expenses and deferred charges
beginning of year $37,377 · end of year $17,690
-
11 · Investments: publicly traded securities
beginning of year $1,454,429 · end of year $1,599,625
-
17 · Accounts payable and accrued expenses
beginning of year $53,936 · end of year $7,644
-
19 · Deferred revenue
beginning of year $60,709 · end of year $10,000
-
27 · Net assets without donor restrictions
beginning of year $1,612,881 · end of year $1,770,284
Mission and programs · 2023
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.
-
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 $466,408 · Grants $38,725 · Revenue $361,064
-
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 $147,865 · Revenue $232,643
-
COMMITTEES - THE SOCIETY APPOINTS COMMITTEES TO ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE SOCIETY.
Expenses $58,323
As filed on the 2023 return.
Listed in Part VII
-
Pramond Bonde MDPRAMOND BONDE MD
PRES/PRES-EL
- Total calculated
- $0
- Hours/week
- 2
-
Dongfang Wang MD PhDDONGFANG WANG MD PHD
PRES-ELECT/S
- Total calculated
- $0
- Hours/week
- 2
-
Claudius Mahr Do Facc FescCLAUDIUS MAHR DO FACC FESC
SEC-TREAS/PR
- Total calculated
- $0
- Hours/week
- 2
-
Keshava Rajagopal MD PhDKESHAVA RAJAGOPAL MD PHD
PROGRAM CHAI
- Total calculated
- $0
- Hours/week
- 2
-
Kiyotaka Fukamachi MD PhDKIYOTAKA FUKAMACHI MD PHD
DPC/DPC-ELEC
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer ConwayJENNIFER CONWAY
DEP PROG CHA
- Total calculated
- $0
- Hours/week
- 2
-
Egemen Tuzun MD PhDEGEMEN TUZUN MD PHD
IMM PAST PRE
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Zwischenberger MDJOSEPH ZWISCHENBERGER MD
PAST PRES/IM
- Total calculated
- $0
- Hours/week
- 2
-
Robert KroslowitzROBERT KROSLOWITZ
INVESTMENT D
- Total calculated
- $0
- Hours/week
- 2
-
James Antaki PhDJAMES ANTAKI PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David Joyce MDDAVID JOYCE MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lakshmi Raman MDLAKSHMI RAMAN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bijin Thajudeen MDBIJIN THAJUDEEN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bryan Whitson MD PhDBRYAN WHITSON MD PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jutta Arens PhDJUTTA ARENS PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Piet Jansen MD PhDPIET JANSEN MD PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Cristiano AmarelliCRISTIANO AMARELLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bettina WiegmannBETTINA WIEGMANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Annie Hedman MDANNIE HEDMAN MD
ASAIOFYI PRE
- Total calculated
- $0
- Hours/week
- 2
-
Alice Sweedo PhDALICE SWEEDO PHD
FYI PAST PRE
- Total calculated
- $0
- Hours/week
- 2
-
Marvin Slepian MDMARVIN SLEPIAN MD
PAST PRES (6
- Total calculated
- $0
- Hours/week
- 2
-
Cherry Croft PhDCHERRY CROFT PHD
TRUSTEE (6/2
- Total calculated
- $0
- Hours/week
- 2
-
Thomas SchloeglhoferTHOMAS SCHLOEGLHOFER
TRUSTEE (6/2
- Total calculated
- $0
- Hours/week
- 2
-
Staci Jessen PhDSTACI JESSEN PHD
FYI PAST PRE
- 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
- 2023
- Filed
- 17 September 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423209349321377
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