2023-11-10T14:24:47-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2022-01-01 362110592 AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS AMER 8473844254 9400 W HIGGINS ROAD 500 ROSEMONT IL 600184976 RACHEL BOWERS CHIEF FINANCIAL OFFICER 8473844254 2023-11-07 1 RACHEL BOWERS XXX-XX-XXXX 1 JAMES R THOMAS P00095586 6305738600 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS E AREND JR 9400 W HIGGINS ROAD 500 ROSEMONT IL 600184976 100822360 0 X WWW.AAOS.ORG X 1948 IL SERVING OUR PROFESSIONALS TO PROVIDE THE HIGHEST QUALITY MUSCULOSKELETAL CARE. 16 13 251 4000 1291415 351829 14052806 15223097 25941562 27396675 7766326 -5903110 2601272 2461949 50361966 39178611 159993 397154 0 0 26126649 24054251 0 0 134563 16460444 21971809 42747086 46423214 7614880 -7244603 176011100 182864178 18550279 46154476 157460821 136709702 SERVING OUR PROFESSIONALS TO PROVIDE THE HIGHEST QUALITY MUSCULOSKELETAL CARE. 0 0 9779359 14912078 ANNUAL MEETING - PRESENTATION OF LECTURES AND SYMPOSIA ON ORTHOPAEDIC SURGERY AND RELATED TOPICS, NUMBER OF ATTENDEES IS 13,987 IN 2022. 2223311 2669060 COURSE EDUCATION - COURSES PROVIDED TO ORTHOPAEDIC PROFESSIONALS TO KEEP THEM ABREAST OF THE LATEST ADVANCES IN ORTHOPAEDIC SURGERY AND CARE AND TO PROVIDE CME. 20 COURSES OFFERED IN 2022. 15671325 397154 5104624 OTHER PROGRAM SERVICES - INCLUDING PUBLIC RELATIONS, BOARD OF COUNCILORS, ADVOCACY, EDUCATION PROGRAMS, INTERNATIONAL ACTIVITIES, AND RESEARCH AND SCIENTIFIC AFFAIRS. 27673995 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 184 0 251 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MS RACHEL BOWERS CHIEF FINANCIAL OFFICER 8473844254 9400 W HIGGINS ROAD ROSEMONT IL 600184976 FELIX H SAVOIE MD PRESIDENT 7.50 7.50 X X 106665 0 0 KEVIN J BOZIC MD FIRST VICE-PRESIDENT 5.00 5.00 X X 68941 0 0 PAUL TORNETTA III MD SECOND VICE-PRESIDENT 5.00 5.00 X X 33340 0 0 DANIEL K GUY MD PAST PRESIDENT 2.50 2.50 X X 72649 0 0 MICHAEL L PARKS MD TREASURER 1.50 1.50 X X 0 0 0 CLAUDETTE M LAJAM MD BOC CHAIR 1.00 1.00 X 0 0 0 ALFONSO MEJIA MD BOC CHAIR-ELECT 1.00 1.00 X 0 0 0 JOEL L MAYERSON BOC SECRETARY 1.00 1.00 X 977 0 0 ALEXANDRA E PAGE MD BOS CHAIR 1.00 1.00 X 1319 0 0 ARMANDO F VIDAL MD BOS CHAIR-ELECT 1.00 1.00 X 0 0 0 ADOLPH J YATES MD BOS SECRETARY 1.00 1.00 X 0 0 0 LISA N MASTERS MD MEMBER AT LARGE 1.00 1.00 X 0 0 0 CHAD A KRUGER MD MEMBER AT LARGE 1.00 1.00 X 0 0 0 VALERAE O LEWIS MD MEMBER AT LARGE 1.00 1.00 X 0 0 0 TONI M MCLAURIN MD MEMBER AT LARGE 1.00 1.00 X 2018 0 0 KAREN M SUTTON MD LAY MEMBER 1.00 1.00 X 0 0 0 THOMAS E AREND JR CHIEF EXECUTIVE OFFICER 40.00 40.00 X 908051 0 60506 KONSTANTINOS T DAMALAS CHIEF OPERATING OFFICER 30.00 30.00 X 509466 0 60506 ANNA SALT TROISE CHIEF COMMERICAL OFFICER 40.00 40.00 X 466131 0 55267 NATHAN T GLUSENKAMP CHIEF QUALITY & REGISTRIES OFFICER 45.00 5.00 X 380245 0 60506 LAURA F ABRAHAMS CHIEF HUMAN RESOURCE OFFICER 45.00 5.00 X 272247 0 50851 MELISSA A YOUNG GENERAL COUNSEL 30.00 30.00 X 353066 0 60506 GRAHAM H NEWSON ASSOC GOVERNMENT RELATIONS VP 5.00 45.00 X 295757 0 50904 JOHN THOMAS KING CHIEF INFORMATION OFFICER 30.00 30.00 X 296086 0 55842 BENJAMIN HARKINSON COMMERCIAL SOLUTIONS DIRECTOR 40.00 10.00 X 268245 0 54879 ANTHONY PRIORE CHIEF MARKETING AND COMMUNICATIONS OFFICER 30.00 30.00 X 253079 0 47982 SUSAN A MCSORLEY LIVE EVENTS VICE PRESIDENT 45.00 5.00 X 252914 0 49059 HANS J KOELSCH PUBLICATIONS DIRECTOR 40.00 10.00 X 240049 0 47408 DONNA J MALERT GOVERNANCE DIRECTOR 45.00 5.00 X 215588 0 41188 TODD R APPLEBAUM STRATEGIC PLANNING & PERFORMANCE MGMT DIRECTOR 45.00 5.00 X 216801 0 50137 JAYSON N MURRAY CLINICAL QUALITY AND VALUE DIRECTOR 45.00 5.00 X 190179 0 17818 REAGAN L BAYER REGISTRIES DIRECTOR 45.00 5.00 X 194658 0 43622 BRIAN N MOORE LEARNING & PRACTICE DIRECTOR 50.00 0.00 X 191779 0 48252 LISE PUCKORIUS OLC OLC CHIEF EXECUTIVE OFFICER 0.50 40.00 X 257079 0 54289 BRITTANY STARR SR. 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THE FUNDS WERE TRANSFERRED INTO THE PERMANENT FUND. PART X, LINE 2: THE ACADEMY'S APPLICATION OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING UNCERTAIN TAX POSITIONS HAS NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ACADEMY HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF THEIR NONPROFIT TAX STATUS, THEREFORE, NO LIABILITY RELATING TO UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AS OF DECEMBER 31, 2022. THE ACADEMY WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. 1 ORTHOPAEDIC RESEARCH SOCIETY 9400 W HIGGINS RD ROSEMONT IL 60018 363180285 501(C)(3) 20000 0 GENERAL SUPPORT ORTHOPAEDIC RESEARCH AND EDUCATION FOUNDATION 9400 W HIGGINS RD ROSEMONT IL 60018 366009467 501(C)(3) 50000 0 GENERAL SUPPORT AMERICAN ORTHOPAEDIC SOCIETY FOR SPORTS MEDICINE 9400 W HIGGINS RD ROSEMONT IL 60018 237182780 501(C)(3) 33000 0 GENERAL SUPPORT INTERNATIONAL CONSENSUS MEETING ON INFECTION 12S 9TH STREET SHERIDAN BUILDING STE 1000 PHILADELPHIA PA 19107 842046241 501(C)(3) 140000 0 GENERAL SUPPORT TRUSTEES OF INDIANA UNIVERSITY PO BOX 78000 DETROIT MI 48278 356001673 501(C)(3) 70000 0 GENERAL SUPPORT WASHINGTON STATE ORTHOPAEDIC ASSOCIATION 2033 6TH AVENUE SUITE 1100 SEATTLE WA 98121 911274377 501(C)(3) 10000 0 GENERAL SUPPORT MCMASTER UNIVERSITY 1280 MAIN STREET WEST HAMILTON ONTARIO CA 237213309 501(C)(3) 40000 0 GENERAL SUPPORT UNITED STATES BONE AND JOINT INITIATIVE 9400 W HIGGINS RD ROSEMONT IL 60018 134223933 501(C)(3) 20000 0 GENERAL SUPPORT 9 1 PART I, LINE 2: THE ORGANIZATION MAKES CONTRIBUTIONS TO OTHER ENTITIES WITH SIMILAR ORTHOPAEDIC RELATED MISSIONS FOR THE GENERAL SUPPORT OF THESE ORGANIZATIONS. IF THE FUNDS ARE TO BE USED FOR GENERAL SUPPORT OF THEIR MISSION, WE DO NOT REQUIRE THESE ORGANIZATIONS TO SUBSTANTIATE THEIR EXPENDITURES RELATED TO THESE CONTRIBUTIONS. FOR SOME PROJECTS, HOWEVER, A FINAL REPORT IS REQUIRED TO SUBSTANTIATE THE EXPENDITURES. X X 0 0 X X X 0 0 0 0 0 0 0 0 0 THOMAS E AREND JR CHIEF EXECUTIVE OFFICER 746212 0 160033 0 1806 0 30500 0 30006 0 968557 0 0 0 KONSTANTINOS T DAMALAS CHIEF OPERATING OFFICER 472500 0 36000 0 966 0 30500 0 30006 0 569972 0 0 0 ANNA SALT TROISE CHIEF COMMERICAL OFFICER 397113 0 68598 0 420 0 30500 0 24767 0 521398 0 0 0 NATHAN T GLUSENKAMP CHIEF QUALITY & REGISTRIES OFFICER 352743 0 27082 0 420 0 30500 0 30006 0 440751 0 0 0 MELISSA A YOUNG GENERAL COUNSEL 338275 0 12985 0 1806 0 30500 0 30006 0 413572 0 0 0 JOHN THOMAS KING CHIEF INFORMATION OFFICER 279052 0 16068 0 966 0 25836 0 30006 0 351928 0 0 0 GRAHAM H NEWSON ASSOC GOVERNMENT RELATIONS VP 282296 0 8127 0 5334 0 26137 0 24767 0 346661 0 0 0 BENJAMIN HARKINSON COMMERCIAL SOLUTIONS DIRECTOR 248729 0 19096 0 420 0 24873 0 30006 0 323124 0 0 0 LAURA F ABRAHAMS CHIEF HUMAN RESOURCE OFFICER 251939 0 19342 0 966 0 20845 0 30006 0 323098 0 0 0 LISE PUCKORIUS OLC OLC CHIEF EXECUTIVE OFFICER 247190 0 7117 0 2772 0 24719 0 29570 0 311368 0 0 0 SUSAN A MCSORLEY LIVE EVENTS VICE PRESIDENT 242915 0 7227 0 2772 0 24292 0 24767 0 301973 0 0 0 ANTHONY PRIORE CHIEF MARKETING AND COMMUNICATIONS O 232150 0 15595 0 5334 0 23215 0 24767 0 301061 0 0 0 TINA D SLAGER RETIRED FINANCE DIRECTOR 179955 0 18369 0 63878 0 17995 0 7962 0 288159 0 0 0 HANS J KOELSCH PUBLICATIONS DIRECTOR 226413 0 10864 0 2772 0 22641 0 24767 0 287457 0 0 0 TODD R APPLEBAUM STRATEGIC PLANNING & PERFORMANCE MGM 201311 0 14861 0 629 0 20131 0 30006 0 266938 0 0 0 RACHEL M BOWERS FINANCE DIRECTOR 200981 0 14420 0 398 0 20098 0 30006 0 265903 0 0 0 DONNA J MALERT GOVERNANCE DIRECTOR 193190 0 7416 0 14982 0 19319 0 21869 0 256776 0 0 0 SCOTT LIVINGSTON IT OPERATIONS & SUPPORT DIRECTOR 197022 0 0 0 620 0 19702 0 30006 0 247350 0 0 0 BRIAN N MOORE LEARNING & PRACTICE DIRECTOR 182457 0 8755 0 567 0 18246 0 30006 0 240031 0 0 0 REAGAN L BAYER REGISTRIES DIRECTOR 188546 0 5522 0 590 0 18855 0 24767 0 238280 0 0 0 CATHERINE A BOUDREAUX HAYES ASSOC SENIOR GOVERNMENT RELATIONS DIRECTOR 173530 0 7496 0 1321 0 17353 0 16401 0 216101 0 0 0 BRITTANY STARR SR. MANAGER POLITICAL AFFAI 150258 0 17304 0 271 0 15026 0 30006 0 212865 0 0 0 SHREYASI DEB ASSOC SR MANAGER HEALTH POLICY 170018 0 7395 0 1349 0 17002 0 14985 0 210749 0 0 0 JAYSON N MURRAY CLINICAL QUALITY AND VALUE DIRECTOR 178180 0 10130 0 1869 0 17818 0 0 0 207997 0 0 0 LORI A BOUKAS MARKETING DIRECTOR 167936 0 4835 0 1476 0 16781 0 9554 0 200582 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ASSOCIATION, THE ORGANIZATION CURRENTLY HAS 39,010 MEMBERS. THERE ARE TWO CATEGORIES OF MEMBERSHIP IN THE ACADEMY: FELLOWS AND MEMBERS. ONLY FELLOWS SHALL HAVE THE RIGHT TO VOTE AND HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS OF THE OFFICERS AND THE AT-LARGE MEMBERS OF THE ACADEMY BOARD OF DIRECTORS SHALL BE DETERMINED BY THE ADOPTION OF THE REPORT OF THE NOMINATING COMMITTEE OR BY THE VOICE, WRITTEN, OR ELECTRONIC BALLOT OF THOSE FELLOWS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING. EACH FELLOW WHO IS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING SHALL BE ENTITLED TO ONE (1) VOTE FOR EACH OFFICER OF THE ACADEMY, MEMBER OF THE BOARD OF DIRECTORS, MEMBER OF THE MEMBERSHIP COMMITTEE, AND NOMINEES TO THE AMERICAN BOARD OF ORTHOPAEDIC SURGERY TO BE ELECTED. THOSE INDIVIDUALS RECEIVING THE GREATEST NUMBER OF VOTES SHALL BE CONSIDERED ELECTED, EVEN IF THEY DO NOT RECEIVE A MAJORITY OF THE VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. A CONFERENCE CALL IS SCHEDULED FOR THE CPA FIRM AND ORGANIZATION MANAGEMENT TO DISCUSS THE FORM 990 WITH THE FINANCE COMMITTEE AND TO ANSWER ANY QUESTIONS PRIOR TO FILING FORM 990 WITH THE IRS. THE FINANCE COMMITTEE HAS BEEN DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 BY THE VOTING MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, KEY VOLUNTEERS, AND KEY STAFF ARE NOTIFIED IN WRITING TWICE A YEAR TO UPDATE THEIR WRITTEN DISCLOSURES. THE DISCLOSURE DATABASE IS MAINTAINED ELECTRONICALLY AND ANYONE WHO HAS NOT UPDATED THEIR RECORD IS NOTIFIED UNTIL THEY HAVE DONE SO. ADDITIONALLY, BEFORE EVERY BOARD AND COMMITTEE MEETING PARTICIPANTS ARE ASKED IF THEY HAVE ANYTHING NEW TO DISCLOSE. THE CHAIR OF THE GOVERNANCE GROUP SHALL ALSO HAVE THE PREROGATIVE OF REQUESTING A PARTICIPANT TO PROVIDE FURTHER INFORMATION OR AN EXPLANATION IF THE CHAIR IDENTIFIES A POTENTIAL CONFLICT OF INTEREST REGARDING THAT PARTICIPANT. THE CHAIR SHALL BE GUIDED BY THE MOST CURRENT VERSION OF THE PROTOCOL FOR THE PRESIDENT TO USE IN HANDLING POTENTIAL CONFLICT OF INTEREST ISSUES BEFORE THE ACADEMY BOARD OF DIRECTORS. BASED ON THE INFORMATION PROVIDED IN THE ACADEMY ORTHOPAEDIC DISCLOSURE PROGRAM AND/OR UPON A FURTHER REVIEW, THE CHAIR OF THE ACADEMY GOVERNANCE GROUP MAY DETERMINE THAT THE PARTICIPANT SHALL: 1) DISCLOSE THE POTENTIAL CONFLICT AND CONTINUE TO PARTICIPATE FULLY IN THE ACADEMY GOVERNANCE GROUP'S DISCUSSIONS AND VOTE; ["DISCLOSURE OPTION"] 2) DISCLOSE THE POTENTIAL CONFLICT, ADDRESS ANY QUESTIONS OTHER MEMBERS OF THE GROUP HAVE ON THE SUBJECT, THEN LEAVE THE ROOM AND NOT PARTICIPATE IN FURTHER DISCUSSION AND VOTE ["RECUSAL FROM VOTE OPTION"] OR 3) DEPART FROM THE ROOM UNTIL THE MATTER HAS BEEN FULLY DISCUSSED AND ACTED UPON. ["RECUSAL FROM DISCUSSION AND VOTE OPTION"]. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS DESIGNATED BY THE VOTING MEMBERS OF THE GOVERNING BODY AND IS CHARGED WITH DEVELOPING AND NEGOTIATING THE TERMS OF EMPLOYMENT AND ESTABLISHING THE TOTAL COMPENSATION PACKAGE FOR THE CEO. AN EVALUATION PROCESS IS COMPLETED ANNUALLY AND A RECOMMENDATION IS MADE REGARDING COMPENSATION THAT IS SENT TO THE BOARD FOR APPROVAL. FOR OTHER OFFICERS, KEY EMPLOYEES, AND STAFF POSITIONS, A MARKET STUDY REVIEW IS PERFORMED EVERY THREE TO FOUR YEARS COMPARING JOB DESCRIPTIONS WITH OTHER ENTITIES TO DETERMINE REASONABLE SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE WHICH IS OPEN TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE APPLICABLE GOVERNMENTAL AGENCIES. FORM 990, PART XI, LINE 9: INVESTMENT IN OPLLC GAIN 1,487,755. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT, FIRST VICE-PRESIDENT, SECOND VICE-PRESIDENT, TREASURER, CHAIR OF THE BOARD OF COUNCILORS, AND CHAIR OF THE BOARD OF SPECIALTY SOCIETIES SHALL CONSTITUTE THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HANDLE MATTERS REQUIRING ACTION BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD, BUT SUCH ACTIONS ARE SUBJECT TO RATIFICATION BY THE FULL BOARD OF DIRECTORS. AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS 9400 W HIGGINS ROAD ROSEMONT IL 60018 364241052 ADVOCACY ACTIVITIES ON BEHALF OF PATIENTS AND PROFESSIONALS IL 501(C)(6) N/A 0 ORTHOPAEDIC LEARNING CENTER 9400 W HIGGINS ROAD ROSEMONT IL 60018 363999836 IL 0 ORTHO PROPERTIES LLC 9400 W HIGGINS ROAD ROSEMONT IL 60018 320402949 RENTAL IL AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS RELATED 0 1 0.88570 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS C 14652721 COST