2023-11-13T13:14:05-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-01-01 046406547 AMERICAN ASSOCIATION FOR THORACIC SURGERY AMER 9782522200 800 CUMMINGS CENTER 350-V BEVERLY MA 01915 LEONARD N GIRARDI MD TREASURER 9782522200 2023-11-11 1 LEONARD GIRARDI MD 999009999 0 DANIELLE NIHILL P01350943 7819821001 2023-11-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z YOLONDA L COLSON MD PHD 800 CUMMINGS CENTER 350-V BEVERLY MA 01915 10384492 0 X WWW.AATS.ORG X 1917 IL PROMOTE SCHOLARSHIP, INNOVATION, AND LEADERSHIP FOR THORACIC AND CARDIOVASCULAR SURGERY. 16 16 40 313 0 0 1309247 1812055 4454571 8291398 1163819 253001 10455 22522 6938092 10378976 467833 596461 0 0 2705248 3123707 0 0 0 3290070 7521336 6463151 11241504 474941 -862528 19525538 17890528 3157662 5071202 16367876 12819326 X PROMOTE SCHOLARSHIP, INNOVATION, AND LEADERSHIP FOR THORACIC AND CARDIOVASCULAR SURGERY. 0 0 MEETINGS & EDUCATION - THE ASSOCIATION HOLDS SEVERAL MEETINGS, WEBINARS, AND COURSES THROUGHOUT THE YEAR PRESENTING MEDICAL AND SCIENTIFIC INFORMATION FOCUSED ON THORACIC AND CARDIOVASCULAR SURGERY. PUBLICATIONS - TO UPDATE READERS ON CURRENT TECHNIQUES AND PROCEDURES IN THORACIC AND CARDIOVASCULAR SURGERY. MEMBERSHIP - TO PROVIDE INFORMATION AND SERVICES TO MEMBERS. QUALITY - INFORMATION GATHERING TO IMPROVE PATIENT SURGICAL OUTCOMES. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 87 0 40 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X DAVID W NEAL 9782522200 800 CUMMINGS CENTER 350-V BEVERLY MA 01915 SHAF KESHAVJEE MD DIRECTOR 3.00 0.00 X X 0 0 0 YOLONDA L COLSON MD PRESIDENT 3.00 4.00 X X 0 0 0 LARS G SVENSSON MD PHD PRESIDENT ELECT 2.00 1.00 X X 0 0 0 DAVID R JONES MD VICE PRESIDENT 3.00 2.00 X X 0 0 0 ROSEMARY F KELLY MD SECRETARY 2.00 1.00 X X 0 0 0 EMILE A BACHA MD TREASURER 3.00 2.00 X X 0 0 0 ANELECHI ANYANWU MD DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL A BORGER MD DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER A CALDARONE MD DIRECTOR 1.00 0.00 X 0 0 0 KE-NENG CHEN MD DIRECTOR UNTIL X/22 2.00 0.00 X 0 0 0 RALPH J DAMIANO JR MD DIRECTOR 2.00 3.00 X 0 0 0 THOMAS A D'AMICO MD DIRECTOR 1.00 0.00 X 0 0 0 MARC R MOON MD DIRECTOR UNTIL X/22 3.00 0.00 X 0 0 0 ISABELLE OPITZ DIRECTOR 1.00 0.00 X 0 0 0 TODD K ROSENGART MD DIRECTOR 2.00 0.00 X 0 0 0 Y JOSEPH WOO MD DIRECTOR 3.00 2.00 X 0 0 0 DAVID BOBBITT CHIEF EXECUTIVE OFFICER 35.00 5.00 X 384254 0 50991 ANDREA MANCINELLI CHIEF FINANCIAL OFFICER 35.00 5.00 X 129188 0 28639 DAVID H ADAMS MD AATS FOUNDATION PRESIDENT; EX-OFFICO 2.00 4.00 X 0 0 0 LEONARD N GIRARDI MD TREASURER-ELECT 3.00 2.00 X 0 0 0 SPENCER MCGRATH DIRECTOR OF PUBLICATIONS 40.00 0.00 X 240119 0 43971 MELISSA BINETTE SENIOR DIRECTOR OF MEETINGS & INDUSTRY 40.00 0.00 X 186680 0 40255 CARA GENSEL-HRUBES DIRECTOR OF IT 38.00 2.00 X 161960 0 33083 ADAM SILVA DIRECTOR OF ADMINISTRATION & QUALITY 40.00 0.00 X 140877 0 23157 KATHRYN FEDERICO DIRECTOR, AATS FOUNDATION 0.00 40.00 X 137331 0 25189 1380409 0 245285 10 0 1 0 ALEC PATTERSON 18 SOUTHMOOR DR CLAYTON MO 63105 PUBLICATIONS EDITOR 300000 DAVID BOOTH 159 ELM STREET SOMERVILLE MA 02144 PROEJECT CONSULTANT 201280 INVENIQA 6530 SOUTH YOSEMITE ST STE 300 GREENWOOD VILLAGE CO 80111 SOFTWARE DEVELOPER/CONSULTANT 121751 3 516300 659255 636500 1812055 MEETINGS & EDUCATION 611710 5787162 5787162 PUBLICATIONS 611710 2373146 2373146 SUBSCRIPTIONS 611710 131090 131090 8291398 253620 253620 4897 5516 -619 -619 -619 OTHER REVENUE 900099 22522 22522 22522 10378976 8291398 0 275523 X 539447 57014 593072 2009326 108668 172603 240038 204526 51815 25849 1351683 39454 94657 459870 1641783 661258 1341 128106 59839 AUDIO & VISUAL 1544262 HONORAIA 801627 PRINTING & PUBLICATIONS 214040 TAXES & FEES 205744 35482 11241504 853162 617232 20319 20325 82550 283258 694027 797290 569224 294335 357226 274889 14164947 11616628 3353307 4280906 19525538 17890528 1015013 1003374 1104182 1393391 659255 1520000 379212 1154437 3157662 5071202 X 16367876 12819326 16367876 12819326 19525538 17890528 -862528 -2542803 -143219 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 69327 69327 0 499897 225008 274889 274889 LIFETIME ACHIEVEMENT AWARDS 1533 PRESIDENTIAL BADGE & CHAINS 21031 SOFTWARE DEVELOPMENT COSTS 3950390 ROU ASSET 307952 4280906 DUE TO AATS FOUNDATION 835088 LEASE LIABILITY 319349 1154437 X 7810324 -2542803 -2542803 10353127 25849 25849 10378976 11358874 143219 143219 11215655 25849 25849 11241504 PART X, LINE 2: THE ASSOCIATION HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501 (C)(6) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, INCOME TAXES, REQUIRES THE ASSOCIATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ASSOCIATION'S FINANCIAL STATEMENTS. THE ASSOCIATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ASSOCIATION'S INCOME, EXPENDITURES, AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION IS NOT SUBJECT TO MATERIAL UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NON-PROFIT ENTITY. 1 EAST ASIA AND THE PACIFIC PROGRAM SERVICES EDITORIAL SERVICES 4000 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES EDITORIAL SERVICES 12500 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES EDITORIAL SERVICES 4500 NORTH AMERICA PROGRAM SERVICES EDITORIAL SERVICES 6500 NORTH AMERICA PROGRAM SERVICES CONSULTING SERVICES 15463 NORTH AMERICA PROGRAM SERVICES LEGAL SERVICES 8336 0 0 0 0 0 0 51299 0 51299 POSTER SESSION AWARDS - PROVIDES AN OPPORTUNITY FOR SENIOR CARDIOTHORACIC SURGERY RESIDENTS AND/OR CONGENTIAL HEART SURGERY FELLOWS TO REPRESENT THEIR INSTITUTION BY PRESENTING A SCIENTIFIC POSTED OF THEIR CLINICAL/INVESTIGATIVE RESEARC AT THE AATS ANNUAL MEETING. EAST ASIA AND THE PACIFIC 1 358 CHECK BOOK POSTER SESSION AWARDS - PROVIDES AN OPPORTUNITY FOR SENIOR CARDIOTHORACIC SURGERY RESIDENTS AND/OR CONGENTIAL HEART SURGERY FELLOWS TO REPRESENT THEIR INSTITUTION BY PRESENTING A SCIENTIFIC POSTED OF THEIR CLINICAL/INVESTIGATIVE RESEARC AT THE AATS ANNUAL MEETING. EUROPE (INCLUDING ICELAND & GREENLAND) 1 1500 CHECK BOOK POSTER SESSION AWARDS - PROVIDES AN OPPORTUNITY FOR SENIOR CARDIOTHORACIC SURGERY RESIDENTS AND/OR CONGENTIAL HEART SURGERY FELLOWS TO REPRESENT THEIR INSTITUTION BY PRESENTING A SCIENTIFIC POSTED OF THEIR CLINICAL/INVESTIGATIVE RESEARC AT THE AATS ANNUAL MEETING. NORTH AMERICA 3 3857 CHECK BOOK 0 0 0 0 0 0 PART I, LINE 2: THE ASSOCIATION MONITORS THE USE OF GRANT FUNDS BY REQUIRING A SUMMARY REPORT AND EVALUATION OF THE RECIPIENT'S EXPERIENCE. PART III ACCOUNTING METHOD: 1 AATS FOUNDATION 800 CUMMINGS CENTER 350-V BEVERLY MA 01915 237288866 501(C)(3) 445832 143219 COST VALUE OF IN-KIND SERVICES AND FACILITIES GENERAL SUPPORT AND GRANT SUPPORT FOR RESEARCH AND FELLOWSHIP GRANTS. 1 PART I, LINE 2: THE ASSOCIATION MONITORS THE USE OF GRANT FUNDS FOR THE RECIPIENT ORGANIZATION NOTED IN PART II BY REVIEWING SCIENTIFIC MATERIALS SUBMITTED FOR ALL RESEARCH AWARD PROGRAMS AND RECOMMENDING CANDIDATES FOR THE RESEARCH AWARDS. THE NON-CASH ASSISTANCE REPRESENTS VALUE OF IN-KIND SERVICES AND FACILITIES PROVIDED TO THE RECIPIENT ORGANIZATION. THE ASSOCIATION MONITORS THE USE OF GRANT FUNDS FOR THE INDIVIDUALS NOTED IN PART III REQUIRING A COPY OF THEIR REGISTRATION TO THE PROGRAM BEFORE THEY ARE PROVIDED THE FUNDS AND/OR A SUMMARY REPORT AND EVALUATION OF THEIR EXPERIENCE. X X X X X 0 0 0 DAVID BOBBITT CHIEF EXECUTIVE OFFICER 333254 0 51000 0 0 0 21381 0 29610 0 435245 0 435245 0 SPENCER MCGRATH DIRECTOR OF PUBLICATIONS 170119 0 70000 0 0 0 10489 0 33482 0 284090 0 284090 0 MELISSA BINETTE SENIOR DIRECTOR OF MEETINGS & INDUST 157805 0 28875 0 0 0 9685 0 30570 0 226935 0 226935 0 CARA GENSEL-HRUBES DIRECTOR OF IT 139460 0 22500 0 0 0 5776 0 27307 0 195043 0 195043 0 ADAM SILVA DIRECTOR OF ADMINISTRATION & QUALITY 140877 0 0 0 0 0 7204 0 15953 0 164034 0 164034 0 KATHRYN FEDERICO DIRECTOR, AATS FOUNDATION 137331 0 0 0 0 0 7142 0 18047 0 162520 0 162520 0 ANDREA MANCINELLI CHIEF FINANCIAL OFFICER 129188 0 0 0 0 0 8079 0 20560 0 157827 0 157827 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED UPON A REVIEW OF PERFORMANCE COMPARED TO OBJECTIVES ESTABLISHED AT THE BEGINNING OF THE YEAR BY THE EXECUTIVE COMMITTEE, BOARD, AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THE EXECUTIVE COMMITTEE'S RECOMMENDATION, THE FULL BOARD VOTES TO APPROVE THE RECOMMENDED COMPENSATION. FORM 990, PART VI, SECTION A, LINE 1A PER THE BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. NO OTHER COMMITTEES HAVE SUCH AUTHORITY. FORM 990, PART VI, SECTION A, LINE 6 ACTIVE AND SENIOR MEMBERS HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE AND SENIOR MEMBERS HAVE THE RIGHT TO VOTE ON THE ELECTION OF OFFICERS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE AND SENIOR MEMBERS HAVE THE RIGHT TO APPROVE AMENDMENTS TO THE BY-LAWS, COMMITTEE APPOINTMENTS, ACTIONS OF THE BOARD, AND NEW MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND IS THEN PROVIDED TO THE CHIEF EXECUTIVE OFFICER, THE TREASURER, FINANCE COMMITTEE AND EXECUTIVE COMMITTEE FOR FINAL REVIEW BEFORE IT IS FILED. ADDITIONALLY, FORM 990 WILL BE PROVIDED TO THE BOARD VIA E-MAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS KEPT ON FILE AND REVIEWED BY THE BOARD IF ANY CONFLICT IS INDICATED. THE CONFLICT OF INTEREST POLICY IS MONITORED THROUGH BOARD MEETINGS WHERE ALL MEMBERS REVIEW POLICIES. THE BOARD CHAIR AND CEO MONITOR THESE TASKS. IF A CONFLICT ARISES DURING THE YEAR, THE BOARD MEMBER SHALL IMMEDIATELY NOTIFY THE CHAIR OF THE BOARD, WHO WILL DETERMINE APPROPRIATE RESOLUTION. THE BOARD OF DIRECTORS SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 AATS HAS A FORMALIZED COMPENSATION SYSTEM THAT IS DETAILED IN THE AATS COMPENSATION ADMINISTRATION MANUAL. THE MANUAL PROVIDES THE STEPS TAKEN IN DETERMINING COMPENSATION RANGE FOR EVERY LEVEL OF TEAM MEMBER TO INCLUDE THE CEO. THE COMPENSATION RANGE DATA IS PROVIDED BY A THIRD-PARTY ORGANIZATION. STAFF SALARY RANGES WILL BE EVALUATED AND REVIEWED BIENNIALLY AND WILL BE ADJUSTED AS NECESSARY. SPOT EVALUATIONS WILL BE CONDUCTED ANNUALLY FOR CERTAIN POSITIONS AS REQUIRED. POSITIONS ARE COMPARED TO THE PAY PRACTICES OF OTHER COMPARABLE TRADE/PROFESSIONAL ASSOCIATIONS BASED ON ASSOCIATION REVENUE, STAFF SIZE, LOCATION OF EMPLOYEE AND OTHER POTENTIAL FACTORS. THE AATS'S COMPENSATION PHILOSOPHY IS MONITORED BY THE CEO AND THE AATS BOARD OF DIRECTORS WITH ASSISTANCE FROM THE ASSOCIATION'S HUMAN RESOURCES REPRESENTATIVE. IN 2021, AATS HIRED AN OUTSIDE HUMAN RESOURCES CONSULTANT WHO PREPARED AND UPDATED COMPENSATION REVIEW BASED ON INDUSTRY REPORTING AND BENCHMARKS OF SIMILAR ORGANIZATIONS. COMPENSATION LEVELS WERE IN LINE WITH FINDINGS AND NO CHANGES WERE MADE. THE EXECUTIVE COMMITTEE MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED UPON A REVIEW OF PERFORMANCE COMPARED TO OBJECTIVES ESTABLISHED AT THE BEGINNING OF THE YEAR BY THE EXECUTIVE COMMITTEE, BOARD, AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THE EXECUTIVE COMMITTEE'S RECOMMENDATION, THE FULL BOARD VOTES TO APPROVE THE RECOMMENDED COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES 706,800. DECORATOR & DESIGN CONSULTANT 431,257. OTHER PROFESSIONAL FEES 99,601. EXHIBIT MANAGEMENT 97,058. CONSULTANTS 16,967. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. AATS FOUNDATION 800 CUMMINGS CENTER SUITE 350-V BEVERLY MA 01915 237288866 TO ENABLE PHYSICIANS OF ALL COUNTRIES TO SECURE EDUCATION AND TRAINING IL 501(C)(3) LINE 12A, I AMERICAN ASSOCIATION FOR THORACIC SURGERY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 AATS FOUNDATION B 445832 CASH AATS FOUNDATION O 101813 FAIR MARKET VALUE AATS FOUNDATION N 41406 FAIR MARKET VALUE