Association For The Advancement Of Medical Instrumentation Inc in Arlington, Virginia (VA)

Organization representatives - add corrected or new information about Association For The Advancement Of Medical Instrumentation Inc »

Non-representatives - add comments about Association For The Advancement Of Medical Instrumentation Inc»

Association For The Advancement Of Medical Instrumentation Inc
Employer Identification Number (EIN)042394735
Name of OrganizationAssociation For The Advancement Of Medical Instrumentation Inc
Address4301 Fairfax Dr Ste 301, Arlington, VA 22203-1633
ActivitiesScientific research (diseases), Contact or sponsored scientific research for industry, Other school related activities
SubsectionBusiness League
Ruling Date07/1967
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1 to $9,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1
Amount of Income$15,524,558
Form 990 Revenue Amount$12,917,955
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Professional Societies, Associations


Non-representatives - add comments:


CAPTCHA

Your IP address 3.141.35.60 will be logged.

Amount of income in 2011: $15,524,558
Association For The Advancement Of Medical Instrumentation Inc: 

 $15,524,558
Other organizations performing similar types of work: 

 $2,087,792

Assets in 2011: $1
Association For The Advancement Of Medical Instrumentation Inc: 

 $1
Other organizations performing similar types of work: 

 $3,112,468

Expenses in 2011: $11,742,890
This organization: 

 $11,742,890
Other organizations performing similar types of work: 

 $1,846,504

Income to expenses ratio in 2011: 1.3
This organization: 

 1.3
Other organizations performing similar types of work: 

 1.1

Number of employees in 2007: 36
Association For The Advancement Of Medical Instrumentation Inc: 

 36
Other organizations performing similar types of work: 

 14

Employees paid over $50,000 in 2007: 5.6%
This organization: 

 5.6%
Other organizations performing similar types of work: 

 3.8%

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 2.6%

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$12,917,955
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$11,589,259
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$462,921
Income from investment of tax-exempt bond proceeds$0
Royalties$437,378
Net rental income$0
Net gain from sales of assets other than inventory$152,129
Gross amount from sales of assets other than inventory (Securities / Other)$2,059,022 / $699,710
Less: cost or other basis and sales expenses (Securities / Other)$1,906,160 / $700,443
Gain or (loss) (Securities / Other)$152,862 / $-733
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$276,268
Statement of Functional Expenses (for 2011)
Total functional expenses$11,742,890
Compensation of current officers, directors, trustees, and key employees$1,712,509
Other salaries and wages$2,564,951
Payroll taxes$210,332
Professional fundraising services$0
Other$7,255,098
Balance Sheet (for 2011)
Total assets$1
Total liabilities$0
Total net assets or fund balances$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$9,280,759$9,960,472
Contributions, gifts, grants, and similar amounts received$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$5,513,341$5,991,029
Membership dues and assessments$2,913,959$2,998,946
Interest on savings and temporary cash investments$11,774$32,118
Dividends and interest from securities$467,390$686,072
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$95,866$-17,957
Gross amount from sales of assets other than inventory$2,343,043$344,613
Less: cost or other basis and sales expenses$2,247,177$362,570
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$278,429$270,264
Total expenses$7,950,142$8,059,120
Program services$0$0
Management and general$0$0
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$8,061,990$9,715,027
Excess or (deficit) for the year$1,330,617$1,901,352
Net assets or fund balances at beginning of year$6,120,441$8,061,990
Other changes in net assets or fund balances$610,932$-248,315
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$8,059,120$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$692,943$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$2,568,521$0$0$0
Pension plan contributions not included above$217,541$0$0$0
Employee benefits not included above$267,893$0$0$0
Payroll taxes$207,597$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$37,483$0$0$0
Legal fees$56,570$0$0$0
Supplies$29,733$0$0$0
Telephone$33,912$0$0$0
Postage and shipping$139,301$0$0$0
Occupancy$324,137$0$0$0
Equipment rental and maintenance$132,563$0$0$0
Printing and publications$572,371$0$0$0
Travel$524,898$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$116,173$0$0$0
Other expenses not covered above$2,137,484$0$0$0
Balance Sheets
20062007
Total assets$11,052,535$13,079,785
Cash - non-interest-bearing$422,396$661,228
Savings and temporary cash investments$174,117$291,128
Accounts receivable less allowance for doubtful accounts$197,146$218,258
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$39,120$54,895
Prepaid expenses and deferred charges$544,882$666,138
Investments - publicly-traded securities$9,392,079$10,944,226
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$259,238$216,350
Investments - other$0$0
Land, buildings, and equipment less accumulated depreciation$0$0
Other assets, including program-related investments$23,557$27,562
Total liabilities$2,990,545$3,364,758
Accounts payable and accrued expenses$944,035$898,686
Grants payable$0$0
Deferred revenue$1,515,186$1,867,799
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$0$0
Other liabilities$531,324$598,273
Total liabilities and net assets/fund balances$11,052,535$13,079,785
Total net assets or fund balances$8,061,990$9,715,027
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$9,280,759$9,960,472
Total revenue, gains, and other support per audited financial statements$9,854,659$9,665,690
Other expenses$610,931$-248,314
Net unrealized gains on investments$610,931$-248,314
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$37,031$46,468
Investment expenses$0$0
Other$37,031$46,468
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$7,950,142$8,059,120
Total expenses and losses per audited financial statements$7,913,111$8,012,652
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$37,031$46,468
Investment expenses$0$0
Other$37,031$46,468
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$377,400$30,433$25,722
40$220,265$29,704$9,419
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings18
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?Yes
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200636
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$200,294$770,203$8,989,975
Program service revenue
Program service revenue 1000000$000$0$620,738
Program service revenue 2000000$000$0$76,282
Program service revenue 3000000$000$0$2,745,856
Program service revenue 4000000$000$0$1,494,161
Program service revenue 5000000$000$0$1,053,992
000000$000$0$620,738
000000$000$0$76,282
000000$000$0$2,745,856
000000$000$0$1,494,161
000000$000$0$725,317
000000$000$0$328,675
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$2,998,946
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$32,118$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$686,072$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-17,957$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueAdvertising and related services$200,29499$69,970$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
20052006
Total$0$0
Gifts, grants, and contributions received$0$0
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Association For The Advancement Of Medical Instrumentation Inc to others? (optional)
  
Add photo of Association For The Advancement Of Medical Instrumentation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Cleveland Clinic Foundation, Group Return9500 Euclid Avenue No Jj19, Cleveland, OH 44195-0001OH1928-10$8,860,672,869
2Ascension Health-Is Inc4600 Edmundson Rd, Saint Louis, MO 63134-3806MO1946-03$629,285,912
3American Medical Association330 N Wabash Ave Ste 39300, Chicago, IL 60611-5885IL1946-03$500,926,692
4Florida Clinical Practice Association IncPO BOX 100205, Gainesville, FL 32610-0205FL1981-10$456,238,005
5Massachusetts Medical Society, New England Journal Of Medicine860 Winter St, Waltham, MA 02451-1411MA1994-11$225,549,049
6St Lukes Physician Group Inc801 Ostrum Street, Bethlehem, PA 18015-1000PA$178,237,760
7National Board Of Medical Examiners3750 Market St, Philadelphia, PA 19104-3102PA1937-09$152,928,860
8The Physician Network8055 O Street, Lincoln, NE 68510-2564NE1996-01$144,271,007
9National Council Of State Boards Of Nursing Inc, Ncsbn Penn Charter111 E Wacker Dr Ste 2900, Chicago, IL 60601-4277IL1987-06$128,414,839
10American College Of Physicians Inc, Acp190 Nindependence Mall West, Philadelphia, PA 19106PA1977-12$121,710,559
11American Academy Of Physician Assistants Inc2318 Mill Rd Ste 1300, Alexandria, VA 22314-6868VA1970-05$34,776,128
12Association For The Advancement Of Medical Instrumentation Inc4301 Fairfax Dr Ste 301, Arlington, VA 22203-1633VA1967-07$15,524,558
13Medical Society Of Virginia2924 Emerywood Parkway Suite 3, Richmond, VA 23294-3746VA1939-06$6,867,992
14American Association For Dental Research1619 Duke St, Alexandria, VA 22314-3406VA1996-11$5,818,155
15Silicones Environmental Health And Safety Counsel2201 Cooperative Way Ste 600, Herndon, VA 20171-3005VA1996-04$4,021,258
16American Medical Womens Assn IncAlexandria, VA 22314VA$1,786,070
17Academy For Healthcare Improvement6728 Old Mclean Village Drive, Mclean, VA 22101VA2008-03$125,583
18Southeast Region Of The National Rehabilitation Association101 Pinnacle Court, Frankfort, KY 40601-2694KY1991-09$54,335
19International Federation Of Health Information Management Association233 N Michigan Ave 21st Fl, Chicago, IL 60601IL2014-07$0
20The Association Of Medical Service Corps Officers Of The Navy3005 Circle Dr, Bloomsburg, PA 17815-8913PA1999-03$0
Number of organizations performing similar types of work
Alabama4
Arkansas1
Arizona3
California16
Colorado3
Connecticut2
District of Columbia4
Florida5
Georgia3
Idaho1
Illinois17
Indiana4
Kansas4
Kentucky2
Louisiana4
Massachusetts4
Maryland8
Maine2
Michigan2
Minnesota3
Missouri6
North Carolina4
Nebraska2
New Jersey2
New Mexico2
Nevada1
New York5
Ohio9
Oklahoma1
Oregon2
Pennsylvania13
South Carolina1
Tennessee2
Texas8
Virginia7
Washington2
Wisconsin1
Wyoming1
International2
Total163

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Association For The Advancement Of Medical Instrumentation Inc and has no official or unofficial affiliation with Association For The Advancement Of Medical Instrumentation Inc