2025-11-14T09:49:17-06:00 2024-12-31 GRASSI & CO CPA'S PC 6 OMNI WAY SUITE 201 CHELMSFORD MA 01824 990 2024-01-01 371101785 THE PLASTIC SURGERY RESEARCH COUNCIL PLAS 9789278330 500 CUMMINGS CENTER SUITE 4400 BEVERLY MA 01915 AMY MOORE MD TREASURER 9789278330 2025-11-12 1 1 BRENDAN E TOOLIN P01323447 9784522500 2025-11-12 2024 2025-03-06 01:10:19Z ALISON K SNYDER-WARWICK 500 CUMMINGS CENTER SUITE 4400 BEVERLY MA 01915 474464 0 X WWW.PS-RC.ORG X 1955 IL TO PROMOTE PLASTIC SURGERY RESEARCH AND EDUCATION. 6 6 0 110 600 0 102876 165375 226224 255161 13906 33718 900 600 343906 454854 13000 3000 0 0 0 0 0 0 1045 384442 440391 397442 443391 -53536 11463 754242 796004 0 0 754242 796004 X TO PROMOTE PLASTIC SURGERY RESEARCH AND EDUCATION. 0 0 362219 197186 MEETINGS AND EDUCATION - THE ANNUAL CONFERENCE PROVIDES EDUCATIONAL INFORMATION ON PLASTIC SURGERY. 12336 PUBLICATIONS - JOURNAL SUPPLEMENT 4072 OFFICERS AND COMMITTEES - THE COUNCIL ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE COUNCIL. 3000 3000 GRANTS - AWARDED TO INDIVIDUALS TO PURSUE ACADEMIC RESEARCH IN PLASTIC SURGERY. 3000 3000 381627 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 IL X PRRI 9789278330 500 CUMMINGS CENTER SUITE 4400 BEVERLY MA 01915 X ALISON K SNYDER-WARWICK MD CHAIR/CHAIR-ELECT 2.00 X X 0 0 0 JUSTINE LEE MD PHD CHAIR-ELECT/VICE-CHAIR 2.00 X X 0 0 0 DERRICK C WAN MD VICE CHAIR 2.00 X X 0 0 0 AL HASSANEIN MD MMSC SECRETARY/PARLAMENTARIAN 2.00 X X 0 0 0 AMY MOORE MD TREASURER 2.00 X X 0 0 0 INDRANIL SINHA MD PARLAMENTARIAN 2.00 X X 0 0 0 ARIN GREENE PAST CHAIR/CHAIR 2.00 X X 0 0 0 BRIAN GASTMAN MD PAST CHAIR 2.00 X X 0 0 0 GREGORY BORSCHEL MD PAST CHAIR 2.00 X X 0 0 0 WILLIAM M KUZON JR MD PHD HISTORIAN 2.00 X X 0 0 0 STEVEN R BUCHMAN MD BARONIO FUND CHAIR 2.00 X 0 0 0 CHRISTINE RADTKE MD PHD MBA EUROPEAN LIAISON 2.00 X 0 0 0 MICHAEL W FINDLAY MBBS PHD AUSTRALIAN LIAISON 2.00 X 0 0 0 SUMMER HANSON SECRETARY (MAY 2024) 2.00 X X 0 0 0 JUSTIN M SACKS MD PAST CHAIR (MAY 2024) 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 165375 165375 CONFERENCES 541900 197186 197186 MEMBERSHIP DUES 900099 57975 57975 255161 15728 15728 37600 19610 17990 17990 17990 OPPORTUNITIES BOARD 900099 600 600 600 454854 255161 600 33718 3000 3000 92040 48027 42968 1045 6400 6400 3789 3789 4980 4980 1239 1239 314192 314192 1343 1343 PUBLICATIONS 12336 12336 OFFICERS AND COMMITTEES 4072 4072 443391 381627 60719 1045 195169 170101 559073 625903 754242 796004 0 0 X 274636 265479 479606 530525 754242 796004 754242 796004 11463 30299 0 X 1 X 0 1 0 X 152018 142817 165381 102876 165375 728467 73225 56769 268054 226224 255161 879433 225243 199586 433435 329100 420536 1607900 0 0 0 1607900 8326 8852 10000 13906 15728 56812 8326 8852 10000 13906 15728 56812 100 1350 600 2050 233669 208438 444785 343006 436864 1666762 0.96470 0.96830 0.03410 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 493494 2100 53786 2500 546880 425419 5426 65149 2500 493494 510544 4425 -87500 2000 425469 433824 6025 70695 510544 393525 4600 35699 433824 0.05551 0.60003 0.34446 0 0 0 X PART V, LINE 4: THE COUNCIL'S ENDOWMENT CONSISTS OF SIX INDIVIDUAL FUNDS ESTABLISHED FOR A VARITY OF PURPOSES. UNDER THE UNIFORM PRUDENT MANGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), SUBJECT TO THE INTENT OF A DONOR, THE COUNCIL MAY APPROPRIATE FOR EXPENDITURE OR ACCUMULATE SO MUCH OF AN ENDOWMENT FUND AS THE INSTITUTION DETERMINES IS PRUDENT FOR THE USE, BENEFITS, PURPOSE, AND DURATION FOR WHICH THE ENODWMENT FUND IS ESTABLISHED. EXPENDITURES FROM ENDOWMENT FUNDS ARE MADE AT THE DISCRETION OF THE BOARD OF DIRECTORS. THE COUNCIL'S INVETMENT POLICY OBJECTIVES ARE TO MAXIMIZE RETURN WITHIN REASONABLE AND PRUDENT LEVELS OF RISK, TO DIVERSIFY AMONG A WIDE RANGE OF INVESTMENT OPPORTUNITIES IN VARIOUS MARKETS WHILE LIMITING RISK EXPOSURE, AND TO CONTROL COSTS OF ADMINISTERING, REPORING AND MANGING YOUR INVESTMENTS. UNDER THE COINCIL'S INVESTMENT POLICY, APPROXIMATELY 60% OF ENDOWMENT ASSETS ARE INVESTED IN EQUITIES AND 40% ARE INVESTED IN DOMESTIC AND INTERNATIONAL BONDS. PART X, LINE 2: THE COUNCIL HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THE COUNCIL TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE COUNCIL'S FINANCIAL STATEMENTS. THE COUNCIL REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE STATE OF ILLINOIS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY, ALL OF THE COUNCIL'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE COUNCIL IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION A, LINE 3 THE PROFESSIONAL RELATIONS AND RESEARCH INSTITUTE (PRRI) OF BEVERLY, MASSACHUSETTS, MAINTAINS THE BOOKS AND RECORDS OF THE ORGANIZATION AND PERFORMS OTHER RELATED MANAGERIAL AND ADMINISTRATIVE FUNCTIONS FOR WHICH IT IS COMPENSATED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS SIX CLASSES OF MEMBERS: ACTIVE, ASSOCIATE, SENIOR, EMERITUS, CANDIDATE, AND SENIOR ASSOCIATE. ACTIVE MEMBERS HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS HAVE THE RIGHT TO ELECT OFFICERS TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE MEMBERS HAVE THE RIGHT TO ELECT MEMBERS TO THE RESEARCH COUNCIL, AND APPROVE CHANGES TO THE BY-LAWS AND CONSTITUTION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE ADMINISTRATIVE STAFF OF THE MANAGEMENT COMPANY (PRRI) AND IS THEN PROVIDED TO THE TREASURER FOR FINAL REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE COMMITTEE MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY. PRESENTERS AT CONFERENCES ARE ALSO REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICERS OF THE ORGANIZATION'S MANAGEMENT COMPANY ("PRRI").