2025-11-12T08:26:59-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2024-01-01 046406547 AMERICAN ASSOCIATION FOR THORACIC SURGERY AMER 9782522200 10304 EATON PLACE SUITE 100 1035 FAIRFAX VA 22030 ANELECHI C ANYANWU MD TREASURER 9782522200 2025-11-11 1 1 DANIELLE NIHILL P01350943 7819821001 2025-11-11 2024 2025-03-06 01:10:19Z X DAVID JONES MD 10304 EATON PLACE SUITE 100 1035 FAIRFAX VA 22030 14198036 0 X WWW.AATS.ORG X 1917 IL PROMOTE SCHOLARSHIP, INNOVATION, AND LEADERSHIP FOR THORACIC AND CARDIOVASCULAR SURGERY. 14 14 47 377 0 0 1088612 931916 9924140 10256010 558362 1372689 128922 61267 11700036 12621882 24819 55748 0 0 3238988 3596651 0 0 0 8269250 8106571 11533057 11758970 166979 862912 17034376 17463552 6140170 5520401 10894206 11943151 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. QUALITY - INFORMATION GATHERING TO IMPROVE PATIENT SURGICAL OUTCOMES. MEMBERSHIP - TO PROVIDE INFORMATION AND SERVICES TO MEMBERS. QUALITY - INFORMATION GATHERING TO IMPROVE PATIENT SURGICAL OUTCOMES. CONTRIBUTIONS- INDUSTRY SUPPORT, HONORARIUM DONATION AND CONTRIBUTION OF SERVICES. OTHER- CARDIAC BIO CLUB, T-SHIRT SALES ETC. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 143 0 1 47 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X DEBORAH S MCCLINTOCK CFO 9782522200 10304 EATON PLACE SUITE 100 1035 FAIRFAX VA 22030 DAVID R JONES MD PRESIDENT (AS OF 05/24) 3.00 2.00 X X 0 0 0 EMILE A BACHA MD PRESIDENT-ELECT (AS OF 05/24) 3.00 2.00 X X 0 0 0 LARS G SVENSSON MD PHD PAST PRESIDENT 3.00 2.00 X X 0 0 0 Y JOSEPH WOO VICE PRESIDENT (AS OF 05/24) 3.00 2.00 X X 0 0 0 ROSEMARY F KELLY MD SECRETARY 2.00 1.00 X X 0 0 0 LEONARD N GIRARDI MD TREASURER 3.00 2.00 X X 0 0 0 CRAIG BAKER DIRECTOR (AS OF 05/24) 1.00 0.00 X 0 0 0 CLIFFORD W BARLOW DIRECTOR 1.00 0.00 X 0 0 0 ISMAIL EL-HAMAMSY DIRECTOR (AS OF 05/24) 1.00 0.00 X 0 0 0 A MARC GILLINOV DIRECTOR (AS OF 05/24) 1.00 2.00 X 0 0 0 DANIELA MOLENA DIRECTOR 1.00 0.00 X 0 0 0 ISABELLE OPITZ DIRECTOR 1.00 0.00 X 0 0 0 SCOTT J SWANSON DIRECTOR 1.00 0.00 X 0 0 0 KAZUHIRO YASUFUKU DIRECTOR 1.00 0.00 X 0 0 0 ANELECHI ANYANWU MD DIRECTOR (UNTIL 04/24) 2.00 0.00 X 0 0 0 MICHAEL A BORGER MD DIRECTOR (UNTIL 04/24) 1.00 0.00 X 0 0 0 CHRISTOPHER A CALDARONE MD DIRECTOR (UNTIL 04/24) 1.00 0.00 X 0 0 0 THOMAS A D'AMICO MD DIRECTOR (UNTIL 05/24) 1.00 0.00 X 0 0 0 YOLONDA COLSON PAST PRESIDENT (UNTIL 04/24) 2.00 0.00 X X 0 0 0 DAVID BOBBITT CHIEF EXECUTIVE OFFICER 45.00 5.00 X 416911 0 57464 DEBORAH MCCLINTOCK CHIEF FINANCIAL OFFICER 45.00 5.00 X 162105 0 34093 MELISSA BINETTE VP, DEVELOPMENT & STRATEGIC PARTNERSHIPS 25.00 20.00 X 184951 0 44516 ISHAQUE ARTHUR SR. PROGRAM MGR AQG 40.00 0.00 X 156867 0 46042 ADAM SILVA VP OF ADMINISTRATION 25.00 20.00 X 156937 0 44887 LISA GIBSON DIRECTOR OF MARKETING & COMMUNICATIONS 35.00 10.00 X 150184 0 16969 LINDSAY WHITE DEAN APPLICATION SYSTEM ANALYST 40.00 0.00 X 134800 0 30618 1362755 0 274589 11 0 1 0 ALEC PATTERSON 18 SOUTHMOOR DRIVE CLAYTON MO 63105 PUBLICATIONS EDITOR IN CHIEF 330000 DAVID BOOTH 153 ELM STREET SOMERVILLE MA 02144 SOFTWARE DEVELOPER 220960 ENGAGEHRNOW 8317 LINDEN OAKS COURT LORTON VA 22079 HR CONSULTANT 121248 3 572864 359052 931916 MEETINGS & EDUCATION 611710 7377097 7377097 PUBLICATIONS 611710 2715516 2715516 SUBSCRIPTIONS 611710 163397 163397 10256010 355036 355036 2593807 1576154 1017653 1017653 1017653 330 0 330 330 OTHER REVENUE 900099 60937 19375 41562 60937 12621882 10275715 0 1414251 X 54687 1061 649687 2328854 123147 193956 301007 107930 44395 36336 1476326 154399 446136 562617 137247 784822 1563947 338679 129991 AUDIO & VISUAL 1411028 HONORAIA 644625 PRINTING & PUBLICATIONS 201182 CREDIT LOSSES 66911 11758970 383635 884158 25115 20338 767979 400350 652104 1013569 569224 559925 139290 9299 12849458 11459337 2216795 3676501 17034376 17463552 874898 734263 845913 788213 1765000 1765000 2654359 2232925 6140170 5520401 X 10894206 11943151 10894206 11943151 17034376 17463552 862912 186033 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 120289 119232 1057 448935 440693 8242 9299 LIFETIME ACHIEVEMENT AWARDS 1533 PRESIDENTIAL BADGE & CHAINS 21031 SOFTWARE DEVELOPMENT COSTS 3594282 ROU ASSET 59655 3676501 DUE TO AATS FOUNDATION 20768 LEASE LIABILITY 73680 RELATED PARTY NOTE PAYABLE 2138477 2232925 12896579 186033 125000 311033 12585546 36336 36336 12621882 11847634 125000 125000 11722634 36336 36336 11758970 1 NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL, MEETING AND EDITORIAL EXPENSES 1743321 EUROPE 0 0 PROGRAM SERVICES TRAVEL, MEETING AND EDITORIAL EXPENSES 17867 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL, MEETING AND EDITORIAL EXPENSES 13943 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES IT EXPENSES 1020 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES IT EXPENSES 233 0 0 0 0 0 0 1776384 0 1776384 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. 1 SCHOLARSHIPS 51 37657 N/A N/A TRAVEL AWARDS 38 17030 N/A N/A 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 0 0 0 DAVID BOBBITT CHIEF EXECUTIVE OFFICER 363661 0 53250 0 0 0 16980 0 40484 0 474375 0 0 0 MELISSA BINETTE VP, DEVELOPMENT & STRATEGIC PARTNERS 167451 0 17500 0 0 0 9139 0 35377 0 229467 0 0 0 ISHAQUE ARTHUR SR. PROGRAM MGR AQG 141867 0 15000 0 0 0 8806 0 37236 0 202909 0 0 0 ADAM SILVA VP OF ADMINISTRATION 140937 0 16000 0 0 0 8782 0 36105 0 201824 0 0 0 DEBORAH MCCLINTOCK CHIEF FINANCIAL OFFICER 139105 0 23000 0 0 0 6930 0 27163 0 196198 0 0 0 LISA GIBSON DIRECTOR OF MARKETING & COMMUNICATIO 135184 0 15000 0 0 0 4327 0 12642 0 167153 0 0 0 LINDSAY WHITE DEAN APPLICATION SYSTEM ANALYST 130800 0 4000 0 0 0 5303 0 25315 0 165418 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, WHO SHALL SERVE AS CHAIR, PRESIDENT-ELECT, VICE PRESIDENT, SECRETARY, TREASURER AND IMMEDIATE PAST PRESIDENT. THE EXECUTIVE COMMITTEE SHALL PROVIDE OVERSIGHT OF THE ASSOCIATION'S MANAGEMENT AND FINANCIAL ACTIVITIES DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE HAS SPENDING AUTHORITY OF UP TO $450,000 ANNUALLY WITH NO MORE THAN $250,000 AT ONE TIME. THE COMMITTEE IS REQUIRED TO NOTIFY THE BOARD WITHIN 24 HOURS OF ANY EXPENSE OVER $100,000 FOR RATIFICATION. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE THREE CLASSES OF MEMBERS: HONORARY, SENIOR, AND ACTIVE. ADMISSION TO MEMBERSHIP IN THE ASSOCIATION SHALL BE BY ELECTION. ONLY ACTIVE AND SENIOR MEMBERS SHALL HAVE THE PRIVILEGE OF VOTING AND HOLDING OFFICE, EXCEPT AS PROVIDED BY THE BY-LAWS. HONORARY MEMBERS SHALL HAVE THE PRIVILEGE OF VOTING BUT SHALL NOT BE ELIGIBLE TO HOLD OFFICE. 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 2024, 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. THESE STUDIES ARE CONDUCTED EVERY TWO YEARS. 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 2024. 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 708,013. DECORATOR & DESIGN CONSULTANT 494,909. OTHER PROFESSIONAL FEES 44,442. EXHIBIT MANAGEMENT 131,893. CONSULTANTS 97,069. AATS FOUNDATION 10304 EATON PLACE SUITE 100 1040 FAIRFAX VA 22030 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 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 1 0 AATS FOUNDATION E 2138477 FAIR MARKET VALUE AATS FOUNDATION L 177481 FAIR MARKET VALUE AATS FOUNDATION N 42908 FAIR MARKET VALUE AATS FOUNDATION O 515319 FAIR MARKET VALUE AATS FOUNDATION R 200000 FAIR MARKET VALUE