Overview
What is American Society For Dermatologic Surgery?
The American Society for Dermatologic Surgery is a notable nonprofit organization situated in Schaumburg, Illinois. Their primary focus is to foster and promote investigative knowledge in dermatologic surgery, upholding the highest standards in clinical practice, continuing education, and research. The society encourages research in areas relevant to cosmetic and general dermatologic surgery, such as lasers, liposuction, fillers, resurfacing, lifting procedures, and cutaneous oncology. They also fund research related to value-based healthcare, patient satisfaction, and cost containment. The American Society for Dermatologic Surgery offers various programs to support its research goals. These include the Fredric S. Brandt, MD Innovations in Aesthetics Fellowship Fund, which grants funds for innovative research proposals in cosmetic dermatology. There's also the Young Investigator's Writing Competition, recognizing young investigators for their original ideas and research. Moreover, the Review Article Incentive Program aims to increase the number of review articles in Dermatologic Surgery on topics of broad scientific interest or highly focused clinical topics. Unfortunately, due to the COVID-19 pandemic, many of these activities were suspended in 2020 but have resumed in 2021. The American Society for Dermatologic Surgery has a team of 24 dedicated employees, working tirelessly to achieve its objectives.
Official website here: www.asds.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The American Society For Dermatologic Surgery has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scores 92% in this area, which is crucial for potential donors as it indicates a high level of transparency and effective management of resources. The rating is derived entirely from its accountability and finance score, highlighting the importance of these factors in assessing nonprofit effectiveness.
Strengths of the organization include a fully independent board of directors, with all eight members being independent, and a robust audit and oversight committee. Additionally, it has established solid policies regarding conflicts of interest, whistleblower protection, and document retention, all of which contribute to its strong governance structure. The organization also maintains a low liability to assets ratio, suggesting sound financial health.
While the program expense ratio stands at 66.41%, which is decent, it does indicate that a portion of funds is allocated to administrative costs rather than directly to programs. Nonetheless, the overall governance and financial practices of the American Society For Dermatologic Surgery are commendable, establishing a trustworthy foundation for donor support and program implementation.
This AI summary has been generated from information found on Charity Navigator.
Is American Society For Dermatologic Surgery legitimate?
American Society For Dermatologic Surgery is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society For Dermatologic Surgery 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: $696,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $663,979
For more financial information, click here
Official website here: www.asds.net
What is the mission statement of American Society For Dermatologic Surgery?
The American Society for Dermatologic Surgery is committed to fostering, promoting, supporting, and encouraging investigative knowledge in dermatologic surgery. They strive to uphold the highest standards in clinical practice, continuing education, and research in this field. The society also aims to promote the highest standards of patient care and serve the public interest related to dermatologic surgery. Furthermore, they provide a platform for the exchange of ideas and methods related to dermatologic surgery and associated basic sciences, aiming to enhance the field's development.
Official website here: www.asds.net
Who is the CEO of American Society For Dermatologic Surgery?
Katherine J Duerdoth is the President of American Society For Dermatologic Surgery.
Official website here: www.asds.net
What is the revenue of American Society For Dermatologic Surgery?
American Society For Dermatologic Surgery's revenue in 2022 was $5,445,071.
Official website here: www.asds.net
Who are the executives of American Society For Dermatologic Surgery and what are their salaries?
The average compensation at American Society For Dermatologic Surgery during 2022 was $56,685. There are 24 employees and 635 volunteers at American Society For Dermatologic Surgery.
Here are 21 key members and their salaries:
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- Compensation: $146,543
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- Other: $9,010
Official website here: www.asds.net
Where can I find the form 990 for American Society For Dermatologic Surgery?
American Society For Dermatologic Surgery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asds.net
Learn more at the official website: www.asds.net
Mission Statement of American Society For Dermatologic Surgery
The American Society for Dermatologic Surgery is committed to fostering, promoting, supporting, and encouraging investigative knowledge in the field of dermatologic surgery. Its mission extends beyond this, as it also aims to establish the highest possible standards in clinical practice, continuing education, and research related to dermatologic surgery. The society is dedicated to promoting the highest standards of patient care and advocating for the public interest in dermatologic surgery. Furthermore, it serves as a platform for the exchange of ideas and methodologies in dermatologic surgery and related basis sciences, providing a forum for professionals in this field.
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Impact
July, 2024
The American Society For Dermatologic Surgery plays a critical role in advancing investigative knowledge in dermatologic surgery, promoting high standards in clinical practice and research, and advocating for the best possible patient care. Through various initiatives like the Cutting Edge Research Grant Program, the Fredric S. Brandt, MD Innovations in Aesthetics Fellowship Fund, and the Young Investigator's Writing Competition, the society supports groundbreaking research in cosmetic and general dermatologic surgery. By funding innovative research proposals, encouraging young investigators, and incentivizing review articles, the society contributes significantly to the growth and development of the field. Despite facing challenges during the COVID-19 pandemic in 2020, these impactful activities have since resumed in 2021, ensuring the continued progress and excellence in dermatologic surgery.
This information is meant to be a general summary of American Society For Dermatologic Surgery. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$771,421
- Program Service Revenue: $3,193,726
- Gross Receipts: $8,209,517
Assets and Liabilities:
- Total Assets: $13,611,431
- Total Liabilities: $1,215,611
- Net Assets: $12,395,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING
Revenue
$1,870,506
MEMBERSHIP DUES
Revenue
$933,861
SEMINARS
Revenue
$330,012
ADVERTISING
Revenue
$43,134
INFORMATION PAMPHLETS
Revenue
$16,213
Organization Details
Founding Year
1973
Phone
(847) 956-0900Principal Officer
Katherine J Duerdoth
Main Address
1933 N MEACHAM ROAD 650, SCHAUMBURG, IL, 60173
Website
www.asds.netNTEE Category
Code: E03 - Health
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