2020-11-06T09:19:47-06:00 2019-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-01-01 363022713 THE SOCIETY OF THORACIC SURGEONS SOCI 3122025800 633 N SAINT CLAIR ST NO 2100 CHICAGO IL 60611 ELAINE WEISS CEO/EXECUTIVE DIRECTOR 3122025800 2020-11-03 1 DAVID LOWENTHAL P00378651 3122071040 2020-11-03 99.137.156.52 2020-11-03 14:07:22 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-04-22 16:20:28Z ELAINE WEISS 633 N SAINT CLAIR ST NO 2100 CHICAGO IL 60611 50745988 0 X WWW.STS.ORG X 1971 IL TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE. 17 17 76 435 1074556 63595 1484633 1007698 20704209 23608253 2380140 3013198 3197028 6897810 27766010 34526959 840846 1116416 0 0 9488950 10820895 0 0 0 15122891 19069938 25452687 31007249 2313323 3519710 59615936 69890330 15111590 17038508 44504346 52851822 TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS TO PROVIDE THE HIGHEST QUALITY PATIENT CARE. 0 0 EDUCATION - PROVIDE EDUCATIONAL ACTIVITIES AND PUBLISH A JOURNAL REGARDING MEDICAL AND SCIENTIFIC INFORMATION TO OVER 7,300 MEMBERS. HEALTH POLICY - EDUCATE OVER 7,300 MEMBERS ABOUT EXISTING AND PROPOSED LEGISLATION AND REGULATIONS, AND EDUCATE GOVERNMENTAL BODIES ABOUT THE SPECIALTY. QUALITY, RESEARCH, AND PATIENT SAFETY - DEVELOP AND MAINTAIN THE STS NATIONAL DATABASE FOR THORACIC SURGERY CLINICAL OUTCOMES, PROMULGATE CLINICAL PRACTICE GUIDELINES TO ENHANCE PATIENT CARE, AND ENGAGE IN RELATED ACTIVITIES. 0 1 0 1 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 44 0 1 76 1 1 1 0 0 0 1 1 0 0 0 X 17 17 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEITH BURA 3122025815 633 N SAINT CLAIR ST STE 2100 CHICAGO IL 60611 ELAINE WEISS - PART YEAR CEO/EXECUTIVE DIRECTOR 60.00 1.00 X 472261 0 75682 BILL SEWARD ASSOCIATE EXECUTIVE DIRECTOR 40.00 0.00 X 361434 0 53848 GRAHAME RUSH ASSOCIATE EXECUTIVE DIRECTOR 40.00 1.00 X 351720 0 48781 ROBERT HABIB DIR, STS RESEARCH CENTER 40.00 0.00 X 341900 0 51766 ROBERT WYNBRANDT - PART YEAR EXEC DIR & GEN COUNSEL 60.00 1.00 X 309788 0 35612 AVIDAN STERN ASSOCIATE GENERAL COUNSEL 40.00 1.00 X 255784 0 36376 KEITH BURA DIR OF FIN & ADMIN 40.00 1.00 X 264324 0 35312 DONNA MCDONALD DIRECTOR OF QUALITY 40.00 0.00 X 228451 0 20203 COURTNEY YOHE DIRECTOR OF GOVERNMENT RELATIONS 40.00 0.00 X 219646 0 22983 NATALIE BODEN DIR OF MKTG & COMM 40.00 1.00 X 214104 0 46151 SCOTT BRADBURY DIRECTOR OF EDUCATION 40.00 0.00 X 185174 0 36342 LUIS VARGAS SENIOR RESEARCH MANAGER 40.00 0.00 X 162974 0 25639 COLLEEN DONOHOE DIR OF MTNGS & CONVENTIONS 40.00 0.00 X 161920 0 25307 BETH WINER EXEC DIR, STSA & TSDA 40.00 0.00 X 145358 0 22729 THERESA LOPEZ SR MGR, HUMAN RESOURCES 40.00 0.00 X 133345 0 31757 SUSAN BECKER SR MGR, STS NATIONAL DATABASE 40.00 0.00 X 131040 0 32325 ROBERT SD HIGGINS MD PRESIDENT 12.00 4.00 X X 8000 0 0 JOSEPH A DEARANI MD FIRST VICE PRESIDENT 12.00 4.00 X X 1000 0 0 SEAN C GRONDIN MD SECOND VICE PRESIDENT 3.00 0.00 X X 1000 0 0 JOSEPH F SABIK III MD SECRETARY 12.00 4.00 X X 5500 0 0 THOMAS E MACGILLIVRAY MD TREASURER 3.00 4.00 X X 1000 0 0 RICHARD L PRAGER MD IMMEDIATE PAST PRESIDENT 2.00 0.00 X X 0 0 0 KEITH S NAUNHEIM MD IMMEDIATE PAST PRESIDENT 2.00 0.00 X X 0 0 0 KEVIN D ACCOLA MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 ANDREW B GOLDSTONE MD RESIDENT DIRECTOR 2.00 0.00 X 0 0 0 SHANDA H BLACKMON MD DIRECTOR-AT-LARGE 4.00 2.00 X 0 0 0 HAIQUAN CHEN MD INTERNATIONAL DIRECTOR 2.00 0.00 X 0 0 0 JOSEPH C CLEVELAND JR MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 CHRISTOPHER M DRAFT MD PUBLIC DIRECTOR 2.00 0.00 X 0 0 0 BRYAN F MEYERS MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 DOMENICO PAGANO MD INTERNATIONAL DIRECTOR 2.00 0.00 X 0 0 0 VINOD H THOURANI MD DIRECTOR-AT-LARGE 2.00 4.00 X 0 0 0 ARA A VAPORCIYAN MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 ALAN D SIHOE MD INTERNATIONAL DIRECTOR 2.00 0.00 X 0 0 0 MARC RUEL MD CANADIAN DIRECTOR 2.00 0.00 X 0 0 0 LEAH M BACKHUS MD DIRECTOR-AT-LARGE 2.00 0.00 X 0 0 0 3955723 0 600813 16 0 1 0 DUKE UNIVERSITY PO BOX 17969 DURHAM NC 27715 DATA WAREHOUSING 3535756 UNIVERSITY OF ALABAMA AT BIRMINGHAM 701 19TH ST SOUTH LHRB 790 BIRMINGHAM AL 35294 DATA WAREHOUSING 2420574 IQVIA RDS INC PO BOX 13979 RESEARCH TRIANGLE PARK NC 27709 DATA WAREHOUSING 1253171 MARRIOTT BUSINESS SERVICES PO BOX 402642 ATLANTA GA 30384 MEETING SERVICES 505919 FREEMAN AUDIO VISUAL INC PO BOX 660613 DALLAS TX 75266 AUDIO VISUAL 487403 18 279423 728275 1007698 NATIONAL DATABASE 611710 10068186 10068186 EDUCATIONAL MEETINGS 611710 4240237 4233624 6613 TVT REGISTRY 611710 4004750 4004750 MEMBERSHIP DUES 611710 2787520 2787520 PUBLICATIONS & SUBSCRIPTIONS 611710 1353245 1353245 1154315 141267 1013048 23608253 1966203 1966203 6771792 6771792 71123 0 71123 71123 71123 17265789 16218794 1046995 1046995 1046995 130 235 -105 -105 EBLAST REVENUE 900004 55000 55000 55000 34526959 22588592 1074556 9856113 X 943359 83057 90000 4556535 4591269 310343 838110 524638 172409 55500 153522 11425584 1130414 294791 607529 726061 2662265 1370753 87977 MEMBERSHIP AND CONTRIBU 87280 UBI TAX 20031 275822 31007249 4238430 1778490 926068 4068132 2669395 1651253 582135 713014 12086901 5784606 4825032 6302295 41627968 50032950 4714825 5344196 32083 0 59615936 69890330 7452273 8980493 7659317 8058015 15111590 17038508 X 44103678 52400064 400668 451758 44504346 52851822 59615936 69890330 X 3519710 6141003 -1313237 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2523046 424911 -1374156 -949245 403687 -1352932 400665 62200 11108 451757 429133 -16323 12145 400665 406730 35470 13067 429133 407576 9076 9922 406730 449645 -29722 12347 407576 1.00000 0 0 2586829 427591 2159238 163548 120242 43306 9336524 5236773 4099751 6302295 HEDGE FUND INVESTMENTS 5344196 C 5344196 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SOCIETY AND RECOGNIZE A TAX LIABILITY IF THE SOCIETY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SOCIETY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, CHINA 0 0 ASCVTS & CTSVS MEETING PARTICIPATION MEETING PARTICIPATION 23189 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 EACTS MEETING PARTICIPATION MEETING PARTICIPATION 46398 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS 0 0 LATIN AMERICA EDUCATIONAL COURSES EDUCATION PROGRAM 34686 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 ESTS MEETING MEETING PARTICIPATION 7352 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS 0 0 INVESTMENT 5344196 0 0 0 0 0 0 5455821 0 5455821 CANADA CONTRIBUTION 45000 CHECK CANADA CONTRIBUTION 45000 CHECK 2 0 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 THE THORACIC SURGERY FOUNDATION 633 N SAINT CLAIRE STREET CHICAGO IL 60601 363635910 501 C (3) 607112 230048 OPERATIONS & GRANT SUPPORT WOMEN IN THORACIC SURGERY 633 N SAINT CLAIRE STREET CHICAGO IL 60601 300003353 501 C (3) 31500 SCHOLARSHIP SUPPORT AMERICAN ASSOCIATION FOR THORACIC SURGERY 500 CUMMINGS CENTER SUITE 4500 BEVERLY MA 01915 046406547 501 C (6) 9475 SCHOLARSHIP SUPPORT GENERAL THORACIC SURGICAL CLUB 5841 CEDAR LAKE ROAD STE 204 MINNEAPOLIS MN 55416 411582726 501 C (6) 6000 SCHOLARSHIP SUPPORT TSDA 633 N SAINT CLAIRE STREET CHICAGO IL 60601 561196918 501 C (3) 59224 BOOT CAMP SUPPORT AND VESSEL ANASTOMOSIS SUPPORT 3 2 TRAVEL AND LODGING EXPENSE REIMBURSEMENT FOR LOOKING TO THE FUTURE SCHOLARSHIPS 59 83057 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE AMOUNTS ARE APPROVED THROUGHOUT THE YEAR ACCORDING TO STS POLICY. STAFF WILL PROCESS THE VARIOUS GRANTS ACCORDING TO THESE AUTHORIZED DIRECTIVES AND WILL FOLLOW UP WITH THE RECIPIENTS ACCORDINGLY. X X X X 0 1 0 ELAINE WEISS - PART YEAR CEO/EXECUTIVE DIRECTOR 472261 0 0 0 0 0 56306 0 19376 0 547943 0 0 0 BILL SEWARD ASSOCIATE EXECUTIVE DIRECTOR 324782 0 36292 0 360 0 25138 0 28710 0 415282 0 0 0 GRAHAME RUSH ASSOCIATE EXECUTIVE DIRECTOR 318430 0 31850 0 1440 0 20109 0 28672 0 400501 0 0 0 ROBERT HABIB DIR, STS RESEARCH CENTER 309943 0 30517 0 1440 0 22955 0 28811 0 393666 0 0 0 ROBERT WYNBRANDT - PART YEAR EXEC DIR & GEN COUNSEL 211634 0 98154 0 0 0 24311 0 11301 0 345400 0 0 0 AVIDAN STERN ASSOCIATE GENERAL COUNSEL 229958 0 25466 0 360 0 7903 0 28473 0 292160 0 0 0 KEITH BURA DIR OF FIN & ADMIN 237318 0 25566 0 1440 0 23881 0 11431 0 299636 0 0 0 DONNA MCDONALD DIRECTOR OF QUALITY 206127 0 20884 0 1440 0 16927 0 3276 0 248654 0 0 0 COURTNEY YOHE DIRECTOR OF GOVERNMENT RELATIONS 197066 0 22220 0 360 0 19912 0 3071 0 242629 0 0 0 NATALIE BODEN DIR OF MKTG & COMM 191997 0 21747 0 360 0 17358 0 28793 0 260255 0 0 0 SCOTT BRADBURY DIRECTOR OF EDUCATION 177299 0 7515 0 360 0 17102 0 19240 0 221516 0 0 0 LUIS VARGAS SENIOR RESEARCH MANAGER 151708 0 11266 0 0 0 14621 0 11018 0 188613 0 0 0 COLLEEN DONOHOE DIR OF MTNGS & CONVENTIONS 144077 0 16403 0 1440 0 14492 0 10815 0 187227 0 0 0 BETH WINER EXEC DIR, STSA & TSDA 134137 0 11221 0 0 0 12022 0 10707 0 168087 0 0 0 THERESA LOPEZ SR MGR, HUMAN RESOURCES 123478 0 9867 0 0 0 11892 0 19865 0 165102 0 0 0 SUSAN BECKER SR MGR, STS NATIONAL DATABASE 121579 0 9461 0 0 0 12332 0 19993 0 163365 0 0 0 PART I, LINE 4B EXECUTIVE DIRECTOR, ELAINE WEISS, PARTICIPATES IN A 457(F) PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2019. FORM 990, PART VI, SECTION A, LINE 4 AMENDMENT OF ARTICLE III: MEMBERS SECTION 10. LAPSE OF MEMBERSHIP BYLAWS. REDUCE THE AMOUNT OF TIME PROVIDED TO OUR MEMBERS IN ORDER TO PAY THEIR MEMBERSHIP DUES, FROM ONE YEAR TO SIX MONTHS (WHILE STILL RETAINING A SIX-MONTH "REINSTATEMENT" PERIOD). AMENDMENT OF ARTICLE V: BOARD OF DIRECTORS, SECTION 3. NOMINATION, ELECTION, TERM AND DUTIES OF DIRECTORS-AT-LARGE BYLAWS THE AMENDMENT CORRECTS AN INADVERTENT TYPOGRAPHICAL OVERSIGHT WHEN WE ADDED A FOURTH COUNCIL TWO YEARS AGO BUT FAILED TO REFLECT THAT FOURTH COUNCIL IN ONE PARTICULAR SECTION OF OUR BYLAWS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP SOCIETY AND HAS OVER 7,300 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERSHIP AT ITS ANNUAL MEETING PURSUANT TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY (E.G., REGARDING DUES AND BYLAWS AMENDMENTS) ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE ITS FORM 990. MANAGEMENT THEN REVIEWED THE COMPLETED FORM 990 AND PROVIDED A FULL COPY TO ALL VOTING MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS (I.E., THE GOVERNING BODY). THE VOTING MEMBERS OF THE GOVERNING BODY WERE GIVEN A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO MANAGEMENT OR SENIOR CORPORATE OFFICERS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES, AND OTHERS ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A REQUIREMENT OF SERVICE. THE STATEMENT ON STS DISCLOSURE POLICY AND GUIDELINES REGARDING CONFLICTS OF INTEREST IS READ AT THE BEGINNING OF EVERY BOARD OF DIRECTORS, COMMITTEE, COUNCIL OPERATING BOARD, AND WORKFORCE MEETING. IF A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST EXISTS, THE PERSON WITH SUCH A CONFLICT MUST DISCLOSE THE RELATIONSHIP AND REFRAIN FROM VOTING ON THE MATTER; IF THE NATURE OF THE RELATIONSHIP SUGGESTS THAT HIS OR HER PRESENCE MAY BE DETRIMENTAL TO THE DISCUSSION, HE OR SHE MUST EXIT THE MEETING. THE MEETING CHAIR MAKES THE FINAL DETERMINATION AS TO THE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15 15A. THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR THE CEO/EXECUTIVE DIRECTOR POSITION. THIS INFORMATION IS SHARED WITH THE EXECUTIVE COMMITTEE WHICH DETERMINES THE NEW LEVEL OF COMPENSATION AND COMMUNICATES THE SALARY INFORMATION TO THE CEO/EXECUTIVE DIRECTOR AND TO THE DIRECTOR OF FINANCE & ADMINISTRATION FOR IMPLEMENTATION. AN INDEPENDENT COMPENSATION CONSULTANT WAS UTILIZED AS A PART OF THIS PROCESS IN 2018. AN ADJUSTMENT IS MADE TO THE CEO/EXECUTIVE DIRECTOR'S SALARY ANNUALLY FOR A MERIT INCREASE, WHICH IS BASED ON A FORMAL PERFORMANCE EVALUATION. 15B. COMPENSATION - THE SOCIETY ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR STS POSITIONS. THE CONSULTANT MEETS WITH THE CEO/EXECUTIVE DIRECTOR AND EACH STAFF DIRECTOR TO ASCERTAIN INFORMATION RELEVANT TO EACH POSITION. THE CONSULTANT ALSO REVIEWS EACH OF THE POSITION DESCRIPTIONS, DETERMINES APPROPRIATE MATCHES FROM COMPENSATION MARKET SURVEYS, E.G., TOWERS WATSON, PRM, ASSOCIATION FORUM, AND ASAE, FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND COMPILES AND ANALYZES THIS MARKET DATA FOR EACH POSITION. THE CONSULTANT MEETS WITH THE CEO/EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE & ADMINISTRATION TO REVIEW THE COMPENSATION ANALYSIS, AND MAKES ADJUSTMENTS TO THE ANALYSIS, AS APPROPRIATE. UTILIZING THE CONSULTANT'S ANALYSIS, THE CEO/EXECUTIVE DIRECTOR MAKES SALARY ADJUSTMENTS. AN INDEPENDENT COMPENSATION CONSULTANT WAS UTILIZED AS PART OF THIS PROCESS IN 2018. ADJUSTMENTS ARE MADE TO SALARIES ANNUALLY FOR MERIT INCREASES, WHICH ARE BASED ON FORMAL PERFORMANCE EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS AND KEY GOVERNANCE POLICIES ARE AVAILABLE TO THE PUBLIC ON THE STS WEBSITE. OTHER GOVERNING DOCUMENTS, AS WELL AS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G CONSULTANT EXPENSES 938,856. TEMPORARY SERVICES FROM SALARIES 115,577. VOLUNTEER STIPENDS FROM SALARIES 287,500. PAYROLL AND HR FEES 212,887. DATA AUDITING 417,103. DATA WAREHOUSING AND ANALYSIS 6,446,357. WEB-BASED EXPENSES 20,417. VIDEO PRODUCTION 20,390. CTS NET FEES 42,275. MISCELLANEOUS 15,149. TVT EXPENSE 2,909,073. FORM 990, PART XI, LINE 9: CONTRACT LIABILITIES INCREASE DUE TO ADOPTION OF ASU NO. 2014-09 -1,313,237. SOCIETY OF THORACIC SURGEONS POLITICAL ACTION COMMITTEE 20 F STREET NW SUITE 310C WASHINGTON DC 20001 522017375 POLITICAL ACTION COMMITTEE DC 527 0 THE THORACIC SURGERY FOUNDATION (TSF) 633 N ST CLAIR ST SUITE 2100 CHICAGO IL 60611 363635910 RESEARCH AND EDUCATION IL 501(C)(3) LINE 10 THE SOCIETY OF THORACIC SURGEONS 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 THE THORACIC SURGERY FOUNDATION B 607112 CASH PAID THE THORACIC SURGERY FOUNDATION L 230048 ACTUAL COST