The Knee Society

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133190169 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Knee Society?

The Knee Society is a nonprofit organization situated in Schaumburg, Illinois. Its primary mission is to enhance the care of patients with knee disorders by providing up-to-date information on knee disorders, surgical and non-surgical treatments, and emerging technologies. This is achieved through educational events, scientific papers, and symposia. The society also empowers its members to organize educational seminars and lectures on an interim basis. By focusing on innovative research and education, The Knee Society aims to promote outstanding care for patients experiencing knee-related issues.


Official website here: www.kneesociety.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97%

The Knee Society has achieved an impressive Four-Star out of Four Star rating on Charity Navigator, reflecting a high level of accountability and financial health. With a robust score of 97% in Accountability & Finance, the organization demonstrates a strong commitment to transparency and effective financial management, as evidenced by its independent board and comprehensive oversight practices.

Strengths highlighted in the data include a fully independent board of directors and effective financial oversight, including an audit and oversight committee. The organization has shown no material diversion of assets and has a healthy liabilities to assets ratio, indicating sound financial stability. Furthermore, with an 85.17% program expense ratio, the majority of its funds are directed towards its programs.

However, the organization has a fundraising efficiency score of $0.002, which could be a point of concern for potential donors seeking effective fundraising strategies. Despite this, the overall financial oversight and governance of The Knee Society appear to be exceptional, making it a reputable nonprofit in its field.


This AI summary has been generated from information found on Charity Navigator.

Is The Knee Society legitimate?

The Knee Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Knee Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $53,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,828

For more financial information, click here


Official website here: www.kneesociety.org

What is the mission statement of The Knee Society?

The Knee Society's mission is centered around promoting exceptional care for patients suffering from knee disorders. They achieve this goal through innovative research and education. The organization hosts educational events to keep practicing orthopedic surgeons updated on the latest information regarding knee disorders, available treatments, and emerging technology. Scientific papers and symposia are also conducted to enhance patient care, particularly for those with painful, arthritic knee joints. The society empowers its members by providing them with the opportunity to organize various educational seminars and lectures on an interim basis.


Official website here: www.kneesociety.org

Who is the CEO of The Knee Society?

Michael Mont Md is the Immediate Past President of The Knee Society.


Official website here: www.kneesociety.org

What is the revenue of The Knee Society?

The Knee Society's revenue in 2022 was $2,113,472.


Official website here: www.kneesociety.org

Who are the executives of The Knee Society and what are their salaries?

There 200 volunteers at The Knee Society.


Here are 13 key members and their salaries:


Robert T Trousdale Md (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher L Peters Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Maloney Iii Md (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry D Clarke Md (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven B Haas Md (3Rd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Michael Meneghini Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Mont Md (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott M Sporer Md (Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas J Giori Md (Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig J Della Valle Md (Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James I Huddleston Iii Md (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William G Hamilton Md (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Foley Cae (Executive Director)
  • Compensation: $53,234
  • Related: $0
  • Other: $11,984


Official website here: www.kneesociety.org

Where can I find the form 990 for The Knee Society?

The Knee Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kneesociety.org

Learn more at the official website: www.kneesociety.org

Mission Statement of The Knee Society

The Knee Society, as an organization, is committed to advancing exceptional care for individuals with knee disorders. They accomplish this mission through innovative research and education. The society's primary goal is to equip practicing orthopaedic surgeons with up-to-date information about knee disorders, various treatment methods, and emerging technologies. To achieve this, they organize educational events where scientific papers and symposia are presented, focusing on total knee arthroplasty to improve the care of patients suffering from painful, arthritic knee joints. Furthermore, The Knee Society provides its members with the opportunity to organize interim educational seminars and lectures, thereby continuously enhancing the knowledge base in the field of knee care.

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Impact




August, 2024

The Knee Society's impact is profound in advancing outstanding care for patients with knee disorders through innovative research and education. This organization plays a crucial role in providing practicing orthopedic surgeons with current information on knee disorders, surgical and non-surgical treatments, and emerging technology through educational events, scientific papers, and symposia. By promoting knowledge and advancements in total knee arthroplasty, The Knee Society enhances the care provided to patients with painful arthritic knee joints. Additionally, the society empowers its members to organize educational seminars and lectures on an interim basis, further contributing to the dissemination of vital information in the field of knee health.




This information is meant to be a general summary of The Knee Society. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,113,472 (2022)
Expenses
$1,978,838 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $43,635
  • Program Service Revenue: $1,198,281
  • Gross Receipts: $2,856,788

Assets and Liabilities:

  • Total Assets: $4,857,007
  • Total Liabilities: $1,041,244
  • Net Assets: $3,815,763

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATION/REGISTRATION

Revenue

$623,923

SPONSORSHIP EXHIBIT

Revenue

$574,358

Organization Details

Founding Year

1983

Principal Officer

Michael Mont Md

Main Address

1515 E WOODFIELD RD, SCHAUMBURG, IL, 60173

NTEE Category

Code: G03 - Disease

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