American Association of Neurological Surgeons Inc

EIN: 320089113 Diseases & Disorders

Rolling Meadows, IL

Total Revenue
$5,569,237
Total Expenses
$2,155,084
Total Assets
$35,269,677
Net Assets
$6,194,151
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Phone
8473780500
Tax Period
2024-07-01 to 2025-06-30

American Association of Neurological Surgeons Inc, founded in 2003, is a community nonprofit in the Diseases & Disorders sector that reported $3.8M in total revenue in fiscal year 2017. The organization ran a surplus of $1.2M, a strong 31% operating margin.

Mission

American Association of Neurological Surgeons, Inc. (AANS) exists for and is dedicated to the following purposes and principals: 1) To promote the interest of patients and the neurosurgical profession. 2) To provide a communication interface with other groups and represent neurosurgical opinion to preserve and achieve the principles and purposes of the AANS. 3) To establish standards of quality care for neurosurgical services. 4) To establish policy positions on major issues that affect all members of AANS. 5) To represent the interests of neurological surgeons before federal, state, and local government bodies.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,397,318
Investment Income $0
Other Revenue $171,919
TOTAL REVENUE $5,569,237

Expense Breakdown

Grants Paid $29,972
Salaries & Benefits $806,507
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,318,605
TOTAL EXPENSES $2,155,084

Year-over-Year Comparison

2024 2023 Change
Revenue $5,569,237 $5,689,523 0.0%
Expenses $2,155,084 $2,548,074 -0.2%
Net Income $3,414,153 $3,141,449 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
300

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,135,593
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony L Asher AANS President - Past 5.0
Officer Director
$0 $0 $0
Aviva Abosch AANS Secretary 5.0
Officer Director
$0 $0 $0
E Antonio Chiocca AANS Vice President 5.0
Officer Director
$0 $0 $0
E Sander Connolly AANS President-Elect 5.0
Officer Director
$0 $0 $0
Jacques J Morcos AANS President 5.0
Officer Director
$0 $0 $0
John Joseph Knightly AANS Vice President 5.0
Officer Director
$0 $0 $0
Sepideh Amin-Hanjani ANNS Treasurer 5.0
Officer Director
$0 $0 $0
Domagoj Coric Director-at-Large 5.0
Director
$0 $0 $0
Gregory JA Murad Regional Director 5.0
Director
$0 $0 $0
Jason P Sheehan Director-at-Large 5.0
Director
$0 $0 $0
John K Ratliff Director-at-Large 5.0
Director
$0 $0 $0
Joseph S Cheng Director-at-Large 5.0
Director
$0 $0 $0
Kevin M Cockroft Regional Director 5.0
Director
$0 $0 $0
Marjorie C Wang Director-at-Large 5.0
Director
$0 $0 $0
Mark E Linskey Regional Director 5.0
Director
$0 $0 $0
Mark R Iantosca Regional Director 5.0
Director
$0 $0 $0
Richard W Byrne Director-at-Large 5.0
Director
$0 $0 $0
Russell R Lonser Director-at-Large 5.0
Director
$0 $0 $0
Sharon Woods Webb Regional Director 5.0
Director
$0 $0 $0
Shaun Thomas O'Leary Regional Director 5.0
Director
$0 $0 $0
Stacey C Wolfe Director-at-Large 5.0
Director
$0 $0 $0
Carol Jones CFO 10.0
Officer
$0 $48,447 $317,017
Corey Parker COO 10.0
Officer
$0 $18,006 $250,069
Katherine O Orrico CEO 10.0
Officer
$0 $57,361 $568,507
Kathleen T Craig Former CEO (until 12/31/23) 0.0
$0 $24,189 $499,606
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,569,237 $2,155,084 $35,269,677 $3,414,153
2024 No data No data No data No data
2023 $4,136,645 $2,672,136 $52,405,673 $1,464,509
2022 $4,209,647 $2,292,612 $19,193,483 $1,917,035
2021 $3,805,612 $2,328,438 $10,516,824 $1,477,174
2020 $3,997,891 $2,989,811 $9,810,676 $1,008,080
2019 $3,956,199 $2,755,368 $6,549,937 $1,200,831
2018 $3,759,437 $2,595,135 $5,758,760 $1,164,302
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