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Nonprofit · EIN 95-3179452

AMERICAN SURGICAL ASSOCIATION FOUNDATION

Tax-exempt · BEVERLY, MA 01915

Financials

$532K$701K2023$632K$564K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN SURGICAL ASSOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$631,656$563,635$68,021$5,603,936$739,286$4,864,650
December 31, 2023990$531,951$700,624-$168,673$5,236,770$810,714$4,426,056
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$391,806
Program service revenue
$0
Investment income
$239,850
Net gain from sales of assets
$96,861
Other revenue
$0

Expenses

Grants and similar amounts paid
$509,321
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$396
Accounting fees
$11,091
Program services (functional)
$509,971
Management and general (functional)
$53,664

Balance sheet and other

Total assets, start of year
$5,236,770
Total assets, end of year
$5,603,936
Total liabilities, end of year
$739,286
Net assets, end of year
$4,864,650
Publicly traded securities
$5,500,949
Net assets without donor restrictions
$3,012,219
Net assets with donor restrictions
$1,852,431
Gross receipts
$813,205
Employees
0
Volunteers
10
Year formed
1975
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RONALD V MAIER MDCHAIR/VICE CHAIR
Trustee or director, Officer
2$0
E CHRISTOPHER ELLISON MDVICE CHAIR/TRUSTEE
Trustee or director, Officer
2$0
MELINA R KIBBE MDSECRETARY
Trustee or director, Officer
2$0
KELLY M MCMASTERS MD PHDTREASURER
Trustee or director, Officer
2$0
DIANA L FARMER MDTRUSTEE
Trustee or director
2$0
STEVEN C STAIN MDTRUSTEE/EX OFFICIO
Trustee or director
2$0
SELWYN M VICKERS MDTRUSTEE
Trustee or director
2$0
EILEEN M BULGER MDTRUSTEE AT LARGE
Trustee or director
2$0
HERBERT CHEN MDTRUSTEE-AT-LARGE
Trustee or director
2$0
SANDRA L WONG MDTRUSTEE-AT-LARGE
Trustee or director
2$0
RON J WEIGEL MDEX-OFFICO
Trustee or director
2$0
KEITH D LILLEMOE MDCHAIR (4/24)
Trustee or director, Officer
2$0
ANDREW M CAMERON MD(T-A-L) (4/24)
Trustee or director
2$0
MARY T HAWN MDSECRETARY (4/24)
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
KEITH D LILLEMOE MDCHAIR/VICE C
Trustee or director, Officer
2$0
RONALD V MAIER MDVICE CHAIR/T
Trustee or director, Officer
2$0
MARY T HAWN MDSECRETARY
Trustee or director, Officer
2$0
KELLY M MCMASTERS MD PHDTREASURER
Trustee or director, Officer
2$0
E CHRISTOPHER ELLISON MDTRUSTEE
Trustee or director
2$0
DIANA L FARMER MDTRUSTEE/EX O
Trustee or director
2$0
SELWYN M VICKERS MDTRUSTEE/EX-O
Trustee or director
2$0
EILEEN M BULGER MDTRUSTEE AT L
Trustee or director
2$0
ANDREW M CAMERON MD PHDTRUSTEE-AT-L
Trustee or director
2$0
SANDRA L WONG MDTRUSTEE-AT-L
Trustee or director
2$0
STEVEN C STAIN MDEX-OFFICO
Trustee or director
2$0
ROBIN S MCLEOD MDTRUSTEE (4/2
Trustee or director
2$0
ERNEST E MOORE MD(T-A-L) (4/2
Trustee or director
2$0

Address and contacts

Address (IRS master file)
500 CUMMINGS CTR STE 4400, BEVERLY, MA 01915-6518
In care of
% GOERGE F SHELDON
Principal officer (990 for 2024)
RONALD V MAIER MD, 500 CUMMINGS CENTER SUITE 4400, BEVERLY, MA 01915
Signed the 990
KELLY M MCMASTERS MD, TREASURER
Phone
(978) 927-8330
Return prepared by
GRASSI & CO CPA'S PC

Mission

THE FOUNDATION AIMS TO PROVIDE SURGICAL FELLOWSHIPS TO PROMISING YOUNG SURGEON SCIENTISTS TO AID IN THE DEVELOPMENT OF STATE OF THE ART SCIENCE OF GENERAL AND SUB-SPECIALTY SURGERY.

990 for the year ended December 31, 2024

Program accomplishments

  • FELLOWSHIP AWARDS GRANTS - TO SUPPORT AND ENCOURAGE GIFTED YOUNG SURGEONS WHO CHOOSE CAREERS IN INVESTIGATION AND ACADEMIC SURGERY.
    Expenses $458,791 · grants $458,791
  • FLANCE KARL AWARD - PRESENTED TO A MEMBER-SURGEON IN THE UNITED STATES OF AMERICA OR IN CANADA WHO HAS MADE A SEMINAL CONTRIBUTION IN BASIC LABORATORY RESEARCH WHICH HAS APPLICATION TO CLINICAL SURGERY.
    Expenses $50,530 · grants $50,530
  • COMMITTEES - MEETINGS DURING THE YEAR BY VARIOUS MEMBERS TO MANAGE THE ACTIVITIES OF THE FOUNDATION.
    Expenses $650

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-3179452
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,603,936
Income (IRS master file)
$813,205

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$631,656$563,635$5,603,936IRS
990December 2023$531,951$700,624$5,236,770XML
990December 2022$517,640$554,815$4,697,212IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-3179452).

Questions about AMERICAN SURGICAL ASSOCIATION FOUNDATION

What is the EIN of AMERICAN SURGICAL ASSOCIATION FOUNDATION?
The employer identification number (EIN) of AMERICAN SURGICAL ASSOCIATION FOUNDATION is 95-3179452.
Is AMERICAN SURGICAL ASSOCIATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to AMERICAN SURGICAL ASSOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN SURGICAL ASSOCIATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN SURGICAL ASSOCIATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN SURGICAL ASSOCIATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN SURGICAL ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 names RONALD V MAIER MD.
Who are the officers and directors of AMERICAN SURGICAL ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does AMERICAN SURGICAL ASSOCIATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $631,656, expenses of $563,635 and total assets of $5,603,936 at year end.

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