The Hip Society

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

EIN: 237348162 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

Overview

What is The Hip Society?

The Hip Society is a renowned nonprofit organization situated in Schaumburg, Illinois. Its primary focus is on bringing together orthopedic surgeons and engineers with a shared interest in hip surgery. They conduct educational events, featuring comprehensive full-day programs divided into symposia and award paper sessions. The organization's mission is to advance the understanding of hip disorders, promote evidence-based treatment, and refine hip surgery techniques to enhance patients' lives. By doing so, The Hip Society plays a significant role in the medical community dedicated to improving hip health.


Official website here: www.hipsoc.org

Is The Hip Society legitimate?

The Hip Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hip 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.

Here are some key statistics you may want to consider:

Executive Compensation: $99,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,175

For more financial information, click here


Official website here: www.hipsoc.org

What is the mission statement of The Hip Society?

The mission of The Hip Society is centered around advancing the understanding of hip disorders, advocating for evidence-based treatment methods, and refining surgical techniques related to the hip. Their ultimate goal is to enhance the lives of patients by implementing these advancements. They achieve this through organized meetings and educational programs, which invite orthopedic surgeons and engineers with an interest in hip surgery. These events feature symposia and award paper sessions, providing a full day of learning opportunities.


Official website here: www.hipsoc.org

Who is the CEO of The Hip Society?

Mathias Pg Bostrom is the Immediate Past President of The Hip Society.


Official website here: www.hipsoc.org

What is the revenue of The Hip Society?

The Hip Society's revenue in 2022 was $1,236,691.


Official website here: www.hipsoc.org

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

Here are 13 key members and their salaries:

    Olga Foley (Executive Director)
  • Compensation: $99,030
  • Related: $0
  • Other: $22,254

    • C Anderson Engh Jr Md (Immediate Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay R Lieberman Md (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William A Jiranek Md (1St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don S Garbuz Md (2Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven J Macdonald Md (3Rd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John C Clohisy Md (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathias Pg Bostrom Md (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Michael Meneghini Md (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Mont Md (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adolph V Lombardi Jr Md (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rafael J Sierra Md (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George J Haidukewych Md (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hipsoc.org

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

    The The Hip Society’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hipsoc.org

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

    Mission Statement of The Hip Society

    The Hip Society, a renowned organization, is dedicated to advancing the understanding of hip disorders. Its primary goal is to promote evidence-based treatments and refine hip surgery techniques with the ultimate aim of enhancing the lives of patients. By bringing together orthopedic surgeons and engineers with a shared interest in hip surgery, The Hip Society organizes meetings and full-day educational programs. These events are structured into symposia and award paper sessions, providing a platform for the exchange of knowledge and the dissemination of innovative practices in the field of hip surgery.

    Impact

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




    Thursday, August 15, 2024

    The Hip Society has a significant impact on the field of orthopedic surgery by advancing knowledge of hip disorders, promoting evidence-based treatment, and refining hip surgery techniques. Through their educational programs and meetings, The Hip Society brings together orthopedic surgeons and engineers with a common interest in hip surgery to share the latest advancements and techniques. By focusing on improving patient outcomes and quality of life, The Hip Society plays a crucial role in shaping the future of hip surgery.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $104,909
  • Program Service Revenue: $656,429
  • Gross Receipts: $2,891,912

    • Assets and Liabilities:
  • Total Assets: $6,247,099
  • Total Liabilities: $338,743
  • Net Assets: $5,908,356
  • Programs

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

    EDUCATION AND REGISTRATION

    Revenue

    $656,429

    Organization Details

    Founding Year

    1968

    Principal Officer

    Mathias Pg Bostrom

    Main Address

    1515 EAST WOODFIELD ROAD, SCHAUMBURG, IL, 60173

    If you are a representative of The Hip Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.