STRATEGY STUDIO / PUBLIC DATA EXPLORER

AMERICAN SOCIETY OF EXTRACORPOREAL TECHNOLOGY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AMERICAN SOCIETY OF EXTRACORPOREAL TECHNOLOGY INC (EIN 41-6057985)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-03-04
IRS object ID
202500639349301115
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-04T09:11:47-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362985770PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SELDEN FOX LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE PARKVIEW PLAZA SUITE 710AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416057985EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SOCIETY OF EXTRACORPOREALBusinessNameLine1Txt
Business Name Line2TECHNOLOGY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone6512037248PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 UTICA AVENUE SOUTH 213AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENEE AXDORFF-DICKEYPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6512037248PhoneNum
Signature2025-02-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT G WUJEKPreparerPersonNm
PTINP01367472PTIN
Phone6309541400PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerSARAH EWALDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 UTICA AVENUE SOUTH 213AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,078,019GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AMSECT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionFOSTER IMPROVED PATIENT CAREActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,044,305PYProgramServiceRevenueAmt
CY Program Service Revenue$1,029,238CYProgramServiceRevenueAmt
PY Investment Income$13,897PYInvestmentIncomeAmt
CY Investment Income$13,806CYInvestmentIncomeAmt
PY Other Revenue$28,136PYOtherRevenueAmt
CY Other Revenue$34,975CYOtherRevenueAmt
PY Total Revenue$1,086,338PYTotalRevenueAmt
CY Total Revenue$1,078,019CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,130,131PYOtherExpensesAmt
CY Other Expenses$1,342,976CYOtherExpensesAmt
PY Total Expenses$1,130,131PYTotalExpensesAmt
CY Total Expenses$1,342,976CYTotalExpensesAmt
PY Revenues Less Expenses-$43,793PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$264,957CYRevenuesLessExpensesAmt
Total Assets BOY$1,273,194TotalAssetsBOYAmt
Total Assets EOY$1,110,134TotalAssetsEOYAmt
Total Liabilities BOY$161,759TotalLiabilitiesBOYAmt
Total Liabilities EOY$130,220TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,111,435NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$979,914NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAMSECT WORKS TO FOSTER IMPROVED PATIENT CARE BY PROVIDING FOR THE CONTINUING EDUCATION AND PROFESSIONAL NEEDS OF THE EXTRACORPOREAL CIRCULATION TECHNOLOGY COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$511,919ExpenseAmt
Revenue$302,277RevenueAmt
DescANNUAL CONFERENCE - AMSECT HOSTS AN ANNUAL CONFERENCE FOR PERFUSIONISTS AND OTHER PROFESSIONALS IN RELATED DISCIPLES TO SHARE KNOWLEDGE, SOLVE CHALLENGES, AND EDUCATE MEMBERS ON NEW DEVELOPMENTS RELATED TO PERFUSION TECHNOLOGY AND RELATED FIELDS, WITH TOPICS INCLUDING CONGENITAL TECHNICAL SKILLS, ETHICS AND SAFETY, STANDARDS AND GUIDELINES, BLOOD MANAGEMENT, PROGRAM MANAGEMENT, EXTRACORPOREAL MEMBRANE OXYGENATION (ECMO), AND MORE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$59,778ExpenseAmt
Revenue$92,100RevenueAmt
DescCERTIFICATION - AMSECT ADMINISTERS INTERNATIONAL BOARD OF BLOOD MANAGEMENT (IBBM) CERTIFICATION TESTS FOR PERIOPERATIVE BLOOD MANAGEMENT TECHNOLOGISTS (PDMT), PATIENT BLOOD MANAGEMENT SPECIALISTS (PBMS), CERTIFIED ECMO SPECIALISTS - ADULT (CES-A), AND CERTIFIED EMO SPECIALISTS - PEDIATRIC (CES-P).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$73,343ExpenseAmt
Revenue$370RevenueAmt
DescPUBLICATIONS - ON A QUARTERLY BASIS AMSECT PUBLISHES THE JOURNAL OF EXTRACORPOREAL TECHNOLOGY (JECT), WHICH IS THE PREMIER SOURCE OF THE MOST CURRENT RESEARCH AND INFORMATION RELATED TO EXTRACORPOREAL TECHNOLOGY INCLUDING CARDIOPULMONARY BYPASS, EXTRACORPOREAL LIFE SUPPORT, MECHANICAL ASSIST DEVICES, AND PERIOPERATIVE BLOOD MANAGEMENT. ON A QUARTERLY BASIS AMSECT ALSO PUBLISHES AMSECT TODAY AS A PORTAL OF INFORMATION PROVIDING AMSECT MEMBERS WITH CONTENT COMPRISED OF IN-DEPTH AND THOUGHT-PROVOKING ARTICLES, INFORMATION ABOUT UPCOMING EVENTS, EDUCATIONAL OFFERINGS, STUDENT PERSPECTIVES, CHALLENGING QUIZZES, SOCIETY ELECTIONS AND MORE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$104,142ExpenseAmt
Revenue$634,491RevenueAmt
DescMEMBERSHIP AND OTHER PROGRAM SERVICES - AS A PROFESSIONAL MEMBERSHIP SOCIETY OF PERFUSIONISTS DEDICATED TO IMPROVING PATIENT CARE AND SAFETY IN THE EXTRACORPOREAL CIRCULATION TECHNOLOGY COMMUNITY, AMSECT ASSESSES MEMBERSHIP DUES. AMSECT ALSO HOSTS AN ONLINE LEARNING PLATFORM, A LEADERSHIP SYMPOSIUM, AND VARIOUS WEBINARS THROUGHOUT THE YEAR.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$104,142TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$634,491TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$749,182TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EWALD CONSULTINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6512906260PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 UTICA AVENUE SOUTH SUITE 213AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TAMI ROSENTHAL
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
SCOTT SNIDER
PRESIDENT ELECT5.00Yes (X)Yes (X)$0$0$0
GREGORY A MORK
SECRETARY5.00Yes (X)Yes (X)$0$0$0
RENEE AXDORFF-DICKEY
TREASURER5.00Yes (X)Yes (X)$0$0$0
KRYSTA GLEESON
DIRECTOR2.00Yes (X)$0$0$0
ED HARMAN
DIRECTOR2.00Yes (X)$0$0$0
ISAAC RAMESH KIMAR
DIRECTOR2.00Yes (X)$0$0$0
NICOLE MICHAUD
DIRECTOR2.00Yes (X)$0$0$0
KIRTI PATEL
DIRECTOR2.00Yes (X)$0$0$0
JUSTIN SLEASMAN
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SMITHBUCKLIN CORPORATION
330 NORTH WABASH SUITE 2000CHICAGOIL60611MANAGEMENT SERVICES$641,128
EWALD CONSULTING
1601 UTICA AVENUE SOUTH SUITE 213MINNEAPOLISMN55416MANAGEMENT SERVICES$111,242
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$321,472$321,472
ANNUAL CONFERENCE900099$302,277$302,277
CORPORATE SPONSORSHIPS900099$271,500$271,500
CERTIFICATION FEES900099$92,100$92,100

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,889TotalRevenueColumnAmt
Related Or Exempt Func Income$41,889RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,029,238TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,806TotalRevenueColumnAmt
Exclusion$13,806ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,975TotalRevenueColumnAmt
Exclusion$34,975ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,078,019TotalRevenueColumnAmt
Related Or Exempt Func Income$1,029,238RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$48,781ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$752,370TotalAmt
Program Services$274,198ProgramServicesAmt
Management And General$478,172ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,681TotalAmt
Management And General$4,681ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Management And General$15,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$175TotalAmt
Management And General$175ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$121,160TotalAmt
Program Services$111,160ProgramServicesAmt
Management And General$10,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,077TotalAmt
Program Services$8,077ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,631TotalAmt
Program Services$6,431ProgramServicesAmt
Management And General$4,200ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$129,819TotalAmt
Program Services$123,401ProgramServicesAmt
Management And General$6,418ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$42,945TotalAmt
Program Services$34,529ProgramServicesAmt
Management And General$8,416ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$175,296TotalAmt
Program Services$156,195ProgramServicesAmt
Management And General$19,101ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,756TotalAmt
Program Services$2,436ProgramServicesAmt
Management And General$5,320ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK & CREDIT CARD FEESDesc
Total$27,741TotalAmt
Management And General$27,741ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$47,325TotalAmt
Program Services$32,755ProgramServicesAmt
Management And General$14,570ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,342,976TotalAmt
Program Services$749,182ProgramServicesAmt
Management And General$593,794ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$439,098BOYAmt
EOY$160,713EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,876BOYAmt
EOY$13,598EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$93,870BOYAmt
EOY$61,406EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$727,350BOYAmt
EOY$874,417EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,273,194BOYAmt
EOY$1,110,134EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,947BOYAmt
EOY$31,565EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$138,812BOYAmt
EOY$98,655EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$161,759BOYAmt
EOY$130,220EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,081,681BOYAmt
EOY$950,160EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,754BOYAmt
EOY$29,754EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,111,435BOYAmt
EOY$979,914EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,273,194BOYAmt
EOY$1,110,134EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$264,957ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$133,436NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$984,060CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$916,944CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$875,895CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,044,305CurrentTaxYearMinus1YearAmt
Current Tax Year$1,029,238CurrentTaxYearAmt
Total$4,850,442TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$984,060CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$916,944CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$875,895CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,044,305CurrentTaxYearMinus1YearAmt
Current Tax Year$1,029,238CurrentTaxYearAmt
Total$4,850,442TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$333,835CurrentTaxYearMinus1YearAmt
Current Tax Year$348,663CurrentTaxYearAmt
Total$682,498TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$333,835CurrentTaxYearMinus1YearAmt
Current Tax Year$348,663CurrentTaxYearAmt
Total$682,498TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,167,944PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,296CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,695CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,182CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,897CurrentTaxYearMinus1YearAmt
Current Tax Year$48,781CurrentTaxYearAmt
Total$90,851TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,296CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,695CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,182CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,897CurrentTaxYearMinus1YearAmt
Current Tax Year$48,781CurrentTaxYearAmt
Total$90,851TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46,860CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,249CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,650CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,136CurrentTaxYearMinus1YearAmt
Total$202,895TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,697CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,950CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,126CurrentTaxYearMinus2YearsAmt
Total$25,773TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,046,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,021,838CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$936,853CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,086,338CurrentTaxYearMinus1YearAmt
Current Tax Year$1,078,019CurrentTaxYearAmt
Total$5,169,961TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.80620PublicSupportCY509Pct
Public Support PY5090.87740PublicSupportPY509Pct
Investment Income CY0.01760InvestmentIncomeCYPct
Investment Income PY0.01010InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,211,280TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$133,436NetUnrealizedGainsInvstAmt
Revenue Not Reported$133,436RevenueNotReportedAmt
Revenue Subtotal$1,077,844RevenueSubtotalAmt
Investment Expenses Not Incld$175InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$175RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,078,019TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,342,801TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,342,801ExpensesSubtotalAmt
Investment Expenses Not Incld2$175InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$175ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,342,976TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationAMSECT FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THEY ARE NOT REQUIRED TO RECORD A LIABILITY FOR ANY SUCH POSITIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
AMENDED RETURNTHIS AMENDED 990 IS BEING SUBMITTED TO REFLECT AMSECT'S ACTIVITIES AND FINANCIAL POSITION BASED ON THE COMPLETION OF AN AUDIT OF THEIR FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023. THE AMOUNTS REPORTED IN THE RETURN PREVIOUSLY FILED, INCLUDING BOTH FORM 990 AND ITS SUPPORTING SCHEDULES, WERE BASED ON UNAUDITED DATA AND SHOULD BE CONSIDERED SUPERSEDED AND REPLACED IN THEIR ENTIRETY. HOWEVER, THERE WERE NO SUBSTANTIAL CHANGES TO THE PROGRAM DESCRIPTIONS, POLICIES, BOARD OF DIRECTORS, OR OTHER NARRATIVE DATA FROM WHAT WAS PREVIOUSLY REPORTED.
FORM 990, PART VI, SECTION A, LINE 3AMSECT DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION (SMITHBUCKLIN) OF CHICAGO, IILINOIS FROM JANUARY THROUGH SEPTEMBER 2023 AND TO EWALD CONSULTING (EWALD) OF MINNEAPOLIS, MINNESOTA FROM OCTOBER THROUGH DECEMBER 2023. SMITHBUCKLIN AND EWALD ARE MANAGEMENT COMPANIES WHICH MANAGE ALL ASPECTS OF THE SOCIETY IN ACCORDANCE WITH THE SOCIETY'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONFERENCE MANAGEMENT, EDUCATION, MARKETING, INFORMATION TECHNOLOGY, AND GOVERNMENT RELATIONS. EMPLOYEES OF SMITHBUCKLIN AND EWALD PROVIDE THESE SERVICES.
FORM 990, PART VI, SECTION A, LINE 6AMSECT'S BYLAWS PROVIDE FOR SEVEN CLASSES OF MEMBERSHIP: ACTIVE, LIFE, STUDENT, RETIRED, ASSOCIATE, INTERNATIONAL, AND PERIOPERATIVE BLOOD MANAGEMENT CLINICIAN, WITH ACTIVE MEMBERS REPRESENTING ANY PERFUSIONIST ACTIVE IN THE PRACTICE OF EXTRACORPOREAL CIRCULATION TECHNOLOGY.
FORM 990, PART VI, SECTION A, LINE 7AAMSECT'S BOARD OF DIRECTORS IS ELECTED BY A VOTE OF ITS ACTIVE, LIFE, AND RETIRED MEMBERS, BASED ON THE USE OF A NOMINATION COMMITTEE. WHILE AMSECT'S STUDENT, ASSOCIATE, INTERNATIONAL, AND PERIOPERATIVE BLOOD MANAGEMENT CLINICIAN MEMBERS HAVE A VOICE, THEY ARE NOT ENTITLED TO VOTE.
FORM 990, PART VI, SECTION A, LINE 7BAMENDMENTS TO AMSECT'S BYLAWS REQUIRE AN AFFIRMATIVE VOTE OF 2/3 ACTIVE, LIFE, AND RETIRED MEMBERS CASTING VOTES.
FORM 990, PART VI, SECTION B, LINE 11BAMSECT'S 990 IS PREPARED BY INDEPENDENT PUBLIC ACCOUNTANTS AND SUBMITTED TO THE ASSOCIATION'S MANAGEMENT COMPANY FOR INITIAL REVIEW. THE FORM IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CDIRECTORS ARE REQUIRED TO SIGN A CONTRACT OF INTEREST STATEMENT AT THE BEGINNING OF THEIR TERMS AND REMINDED TO DISCLOSE ANY CONFLICTS OF INTEREST AS THEY ARISE.
FORM 990, PART VI, SECTION B, LINE 15AMSECT'S DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM AT THE BEGINNING OF THEIR TERMS AND ANNUALLY THEREAFTER. THEY ARE ALSO REQUIRED TO PROMPTLY SUBMIT A REVISED DISCLOSURE FORM SHOULD THEY BECOME AWARE OF ANY CONFLICTS OF INTERESTS IN THE INTERIM.
FORM 990, PART VI, SECTION C, LINE 19AMSECT'S GOVERNING DOCUMENTS, CONFLIGHT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
FORM 990, PART XII, LINE 2C:AMSECT'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT SIGNIFICANTLY CHANGED FROM PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMSECT FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 NORTH WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
EIN470879342EIN
Primary ActivitiesENHANCE THE QUALITY OF EXTRACORPOREAL SERVICESPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd