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Nonprofiteer
← PLASTIC SURGERY FOUNDATION

Form 990 for tax year 2022

Filed by PLASTIC SURGERY FOUNDATION.

Totals

Total revenue
$3,683,114
Total expenses
$3,353,335
Contributions and grants received
$2,957,225
Grants paid
$911,930
Program service revenue
$0
Investment income
$762,384
Other revenue
-$36,495
Total assets, end of year
$21,555,153
Total liabilities, end of year
$650,832
Net assets or fund balances, end of year
$20,904,321
Program services expenses (Part IX)
$2,912,867
Management and general expenses
$275,178
Fundraising expenses
$165,290
Program service expenses (Part III)
$2,912,867

Program services were 86.9% 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.

  • 1c · Fundraising events

    $70,417

  • 1f · All other contributions, gifts and grants

    $2,886,808

  • 1g · Noncash contributions included above

    $1,585

  • 3 · Investment income

    total $646,380 · excluded $646,380

  • 7a · Gross sales of assets other than inventory

    securities $14,998,953

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

    securities $14,882,949

  • 7c · Gain or loss

    securities $116,004

  • 7d · Net gain or loss

    total $116,004 · excluded $116,004

  • 8a · Fundraising events: gross income

    $28,175

  • 8a · Fundraising events: contributions included on line 1c

    $70,417

  • 8b · Fundraising events: direct expenses

    $75,150

  • 8c · Net income from fundraising events

    total -$46,975 · excluded -$46,975

  • 11a · Other revenue: OTHER INCOME

    total $10,480 · excluded $10,480

  • 11e · Other revenue, total

    $10,480

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $765,289 · program services $765,289

  • 2 · Grants to domestic individuals

    total $24,250 · program services $24,250

  • 3 · Grants to foreign organizations and individuals

    total $122,391 · program services $122,391

  • 5 · Compensation of officers, directors and key employees

    total $29,039 · management and general $29,039

  • 7 · Other salaries and wages

    total $862,251 · program services $703,811 · management and general $79,263 · fundraising $79,177

  • 11b · Fees: legal

    total $123,481 · program services $109,956 · management and general $13,525

  • 11c · Fees: accounting

    total $23,050 · management and general $23,050

  • 11f · Fees: investment management

    total $83,478 · management and general $83,478

  • 11g · Fees: other

    total $698,920 · program services $694,108 · fundraising $4,812

  • 12 · Advertising and promotion

    total $3,577 · program services $3,500 · fundraising $77

  • 13 · Office expenses

    total $488,731 · program services $388,504 · management and general $42,386 · fundraising $57,841

  • 14 · Information technology

    total $40,616 · program services $33,954 · fundraising $6,662

  • 17 · Travel

    total $38,170 · program services $32,909 · management and general $2,165 · fundraising $3,096

  • 19 · Conferences, conventions and meetings

    total $50,092 · program services $34,195 · management and general $2,272 · fundraising $13,625

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $254,697 · end of year $735,967

  • 2 · Savings and temporary cash investments

    beginning of year $1,997,306 · end of year $3,561,607

  • 3 · Pledges and grants receivable

    beginning of year $663,506 · end of year $504,709

  • 4 · Accounts receivable

    beginning of year $128,756 · end of year $54,253

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,521 · end of year $23,308

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

    $1,148,478

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

    $1,126,936

  • 10c · Land, buildings and equipment, net

    beginning of year $17,096 · end of year $21,542

  • 11 · Investments: publicly traded securities

    beginning of year $14,294,073 · end of year $14,823,874

  • 12 · Investments: other securities

    beginning of year $2,684,865 · end of year $1,182,131

  • 15 · Other assets

    beginning of year $620,002 · end of year $647,762

  • 17 · Accounts payable and accrued expenses

    beginning of year $845,338 · end of year $611,487

  • 19 · Deferred revenue

    beginning of year $46,000 · end of year $39,345

  • 27 · Net assets without donor restrictions

    beginning of year $8,800,398 · end of year $9,744,279

  • 28 · Net assets with donor restrictions

    beginning of year $11,015,086 · end of year $11,160,042

Mission and programs · 2022

Mission

THE PSF PROMOTES THE HIGHEST STANDARDS IN RESEARCH AND EDUCATION FOR PLASTIC SURGERY, OUR MEMBERS, AND THEIR PATIENTS.

  • TO DEVELOP AND SUPPORT THE DOMESTIC AND INTERNATIONAL RESEARCH AND PUBLIC SERVICE ACTIVITIES OF PLASTIC SURGEONS THROUGH EDUCATIONAL GRANTS AND RESEARCH AWARDS.

    Expenses $2,912,867 · Grants $911,930

As filed on the 2022 return.

Listed in Part VII

  • Gregory Greco Do

    ASPS PRESIDENT

    Total calculated
    $42,258
    From this org
    $0
    From related orgs
    $42,258
    Other
    $0
    Hours/week
    25 + 25 related
  • Howard Levinson MD

    PSF PRESIDENT

    Total calculated
    $12,655
    From this org
    $0
    From related orgs
    $12,655
    Other
    $0
    Hours/week
    25 + 25 related
  • J Peter Rubin MD

    IMMEDIATE PAST ASPS PRESIDENT

    Total calculated
    $250,908
    From this org
    $0
    From related orgs
    $250,908
    Other
    $0
    Hours/week
    10 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $250,908 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $250,908 related
  • Bernard Lee MD

    IMMEDIATE PAST PSF PRESIDENT

    Total calculated
    $72,598
    From this org
    $72,598
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 10 related
  • Joseph Losee MD

    IMMEDIATE PAST ASPS PRESIDENT - PAST

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Gayle Gordillo MD

    IMMEDIATE PAST PSF PRESIDENT - PAST

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Steven Williams MD

    ASPS PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Scot Glasberg MD

    PSF PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Lynn Damitz MD

    BVP - HEALTH POLICY & ADVOCACY

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Peter Taub MD

    BVP - RESEARCH

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Michael Costelloe

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $559,970
    From this org
    $0
    From related orgs
    $503,684
    Other
    $56,286
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $391,708 related
    Bonus
    $0 + $105,976 related
    Other
    $0 + $6,000 related
    Deferred
    $0 + $27,450 related
    Nontaxable benefits
    $0 + $28,836 related
    Filer's total
    $0 + $559,970 related
  • Scott Hollenbeck MD

    BVP - EDUCATION

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Bruce Mast MD

    BVP - ACADEMIC AFFAIRS

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • C Bob Basu MD

    BVP - FINANCE & TREASURER

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Alan Matarasso MD

    BVP - DEVELOPMENT

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Michele Manahan MD

    BVP - MEMBERSHIP

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • Catherine Curtin MD

    ASPN REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jennifer Waljee MD

    AAHS REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kyle Eberlin MD

    AAHS REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Justin Sacks MD

    PSRC REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Timothy King MD

    PSRC REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carolyn Rogers-Vizena MD

    ASMS REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Anand Kumar MD

    ASMS REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Vu Nguyen MD

    ACAPS REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Deana Shenaq MD

    YPS REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michelle Roughton MD

    YPS REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • David Song MD

    NEPS COUNCIL OF ADVISORS REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carolyn De La Cruz MD

    ASRM REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Joseph Disa MD

    ASRM REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Julie Park MD

    ACEPS REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Olivia Ford MD

    RESIDENT REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Megan Fracol MD

    RESIDENT REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Nicola Dean MD

    INTERNATIONAL REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Yur-Ren Kuo MD

    INTERNATIONAL REPRESENTATIVE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ashley Amalfi MD

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Gordon Lee MD

    MEMBER AT LARGE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Arun Gosain MD

    ASPS TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Andrea Pusic MD

    ASPS TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kevin Chung MD

    ASPS TRUSTEE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Debra Johnson MD

    ASPS TRUSTEE - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Eugene Podsiadlo MD

    PSF PUBLIC MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Spradley MD

    PSF PUBLIC MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Pamela Bailey MD

    PSF PUBLIC MEMBER - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Patrick Perotti MD

    PSF PUBLIC MEMBER - PAST

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Caitlin Podbielski

    LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Espinosa

    SR. VP, CFO

    Total calculated
    $340,731
    From this org
    $0
    From related orgs
    $310,902
    Other
    $29,829
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $253,941 related
    Bonus
    $0 + $56,961 related
    Other
    $0
    Deferred
    $0 + $27,450 related
    Nontaxable benefits
    $0 + $2,379 related
    Filer's total
    $0 + $340,731 related
  • Gina McClure

    EXECUTIVE DIRECTOR, PSF

    Total calculated
    $364,597
    From this org
    $0
    From related orgs
    $309,071
    Other
    $55,526
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,926 related
    Bonus
    $0 + $57,145 related
    Other
    $0
    Deferred
    $0 + $26,345 related
    Nontaxable benefits
    $0 + $29,181 related
    Filer's total
    $0 + $364,597 related

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

None.

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
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421359349309052

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