AMERICAN COLLEGE OF SURGEONS

EIN: 362192800 501(c)(3) Education

CHICAGO, IL

Total Revenue
$177,470,920
Total Expenses
$142,549,416
Total Assets
$773,004,565
Net Assets
$591,062,816
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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
IL
Principal Officer
BETH H SUTTON
Phone
3122025000
Tax Period
2024-07-01 to 2025-06-30

AMERICAN COLLEGE OF SURGEONS, founded in 1912, is a major nonprofit in the Education sector that reported $177.5M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34.9M, a strong 20% operating margin.

Mission

THE AMERICAN COLLEGE OF SURGEONS IS DEDICATED TO IMPROVING THE CARE OF THE SURGICAL PATIENT AND TO SAFEGUARDING STANDARDS OF CARE IN AN OPTIMAL AND ETHICAL PRACTICE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $53,936,424 Revenue: $84,881,131

THE MISSION OF THE ACS QUALITY PROGRAMS, FORMERLY REFERRED TO AS THE DIVISION OF RESEARCH AND OPTIMAL CARE (DROPC), IS TO ENABLE SURGEONS TO APPLY THE BEST SCIENTIFIC EVIDENCE IN THEIR DAILY PRACTICE...

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THE MISSION OF THE ACS QUALITY PROGRAMS, FORMERLY REFERRED TO AS THE DIVISION OF RESEARCH AND OPTIMAL CARE (DROPC), IS TO ENABLE SURGEONS TO APPLY THE BEST SCIENTIFIC EVIDENCE IN THEIR DAILY PRACTICE WITH RESPECT, COMPASSION, AND DIGNITY FOR ALL PATIENTS. ACS QUALITY PROGRAMS FOCUS ON CONDUCTING RESEARCH AND DEVELOPING PROGRAMS TO ENHANCE THE QUALITY OF SURGICAL PATIENT CARE BY ANALYZING DATA AND IDENTIFYING AREAS FOR IMPROVEMENT THROUGH INITIATIVES SUCH AS THE ACS NATIONAL SURGICAL QUALITY IMPROVEMENT PROGRAM (ACS NSQIP). (CONTINUED IN SCH O).

Program 2
Expenses: $21,884,484 Revenue: $11,370,621

EDUCATIONAL PROGRAMS - THE COLLEGE'S EDUCATION DIVISION SUPPORTS THE EFFORTS OF PRACTICING SURGEONS, SURGERY RESIDENTS, MEDICAL STUDENTS, AND MEMBERS OF SURGICAL TEAMS TO PROVIDE THE BEST CARE TO...

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EDUCATIONAL PROGRAMS - THE COLLEGE'S EDUCATION DIVISION SUPPORTS THE EFFORTS OF PRACTICING SURGEONS, SURGERY RESIDENTS, MEDICAL STUDENTS, AND MEMBERS OF SURGICAL TEAMS TO PROVIDE THE BEST CARE TO PATIENTS. UNDER THE NEW STRATEGIC PLAN, THE DIVISION FOCUSES ON PROVIDING TIMELY, EVIDENCE-BASED TRAINING THROUGH ACCESSIBLE AND MODERNIZED PLATFORMS TO PREPARE SURGEONS FOR CURRENT AND FUTURE ROLES. TO HELP SURGEONS OPTIMIZE THEIR PRACTICES, ATTAIN NEW SKILLS, AND MANAGE THEIR CAREERS, THE ACS OFFERS DOZENS OF EDUCATIONAL OPPORTUNITIES THAT CONTINUALLY EVOLVE TO MEET CHANGING NEEDS. THESE OPPORTUNITIES RANGE FROM RIGOROUS READINESS ASSESSMENTS FOR RESIDENTS TO COURSES DESIGNED TO ENHANCE SURGEONS' SKILLS AS EDUCATORS AND LEADERS. (CONTINUED IN SCH O).

Program 3
Expenses: $10,759,489 Revenue: $686,734

THE DIVISION OF MEMBER SERVICES SERVES AS THE PRIMARY ARCHITECT OF THE AMERICAN COLLEGE OF SURGEONS PROFESSIONAL COMMUNITY, SUPPORTING MORE THAN 93,000 SURGEONS, MEDICAL STUDENTS, AND SURGICAL CARE...

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THE DIVISION OF MEMBER SERVICES SERVES AS THE PRIMARY ARCHITECT OF THE AMERICAN COLLEGE OF SURGEONS PROFESSIONAL COMMUNITY, SUPPORTING MORE THAN 93,000 SURGEONS, MEDICAL STUDENTS, AND SURGICAL CARE TEAM MEMBERS GLOBALLY. THE DIVISION IS DEDICATED TO FOSTERING PROFESSIONAL CONNECTIONS, DELIVERING PRACTICAL PRACTICE RESOURCES, AND CULTIVATING LEADERSHIP PATHWAYS FOR SURGEONS AT EVERY CAREER STAGE FROM RESIDENCY THROUGH RETIREMENT. (CONTINUED IN SCH O)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,967,423
Program Service Revenue $101,392,562
Investment Income $48,257,376
Other Revenue $2,853,559
TOTAL REVENUE $177,470,920

Expense Breakdown

Grants Paid $2,216,315
Salaries & Benefits $79,984,498
Fundraising Expenses $707,095
Program Expenses $112,168,259
Other Expenses $60,348,603
TOTAL EXPENSES $142,549,416

Year-over-Year Comparison

2024 2023 Change
Revenue $177,470,920 $141,709,501 +0.3%
Expenses $142,549,416 $142,611,530 0.0%
Net Income $34,921,504 $-902,029 -39.7%
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
23
Independent Members
22
Employees
532
Volunteers
2000

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
12
$2,415,177
Total Directors
29
$261,972
Key Employees
3
$3,130,724
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LENA M NAPOLITANO DIR (THRU 10/24)/V.CHAIR (AS OF 10/24) 39.00
Officer Director
$25,001 $0 $25,001
BETH H SUTTON ACS PRESIDENT (AS OF 10/24) 1.00
Officer Director
$662 $0 $662
FABRIZIO MICHELASSI V CHAIR (THRU 10/24)/ CHAIR (AS OF 10/24) 1.00
Officer Director
$0 $0 $0
HENRI R FORD ACS PRESIDENT (THRU 10/24) 1.00
Officer Director
$73,809 $0 $73,809
ANTHONY ATALA CHAIR (THRU 10/24) / DIR. (AS OF 10/24) 1.00
Director
$0 $0 $0
CAROL L BROWN DIRECTOR 1.00
Director
$0 $0 $0
FRANCOISE P CHAGNON DIRECTOR 1.00
Director
$0 $0 $0
ANNESLEY AJ W COPELAND DIRECTOR 1.00
Director
$0 $0 $0
JAMES C DENNENY III DIRECTOR (THRU 10/24) 1.00
Director
$0 $0 $0
DANIEL L DENT DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
AUDRA A DUNCAN DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
TIMOTHY J EBERLEIN DIRECTOR (THRU 10/24) 39.00
Director
$162,500 $0 $162,500
DIANA L FARMER DIRECTOR 1.00
Director
$0 $0 $0
LIANE S FELDMAN DIRECTOR 1.00
Director
$0 $0 $0
JAMES W FLESHMAN JR DIRECTOR 1.00
Director
$0 $0 $0
ARUN K GOSAIN DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
ANDREA A HAYES-DIXON DIRECTOR 1.00
Director
$0 $0 $0
SANJAY R PARIKH DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
LINDA G PHILLIPS DIRECTOR (THRU 10/24) 1.00
Director
$0 $0 $0
SARWAT SALIM DIRECTOR 1.00
Director
$0 $0 $0
MARK T SAVARISE DIRECTOR (THRU 07/24) 1.00
Director
$0 $0 $0
KENNETH W SHARP DIRECTOR 1.00
Director
$0 $0 $0
ANTON N SIDAWY DIRECTOR (THRU 07/24) 1.00
Director
$0 $0 $0
STEVEN C STAIN MD DIRECTOR 1.00
Director
$0 $0 $0
GARY L TIMMERMAN DIRECTOR 1.00
Director
$0 $0 $0
SHELLY D TIMMONS DIRECTOR 1.00
Director
$0 $0 $0
DAVID J WELSH DIRECTOR 1.00
Director
$0 $0 $0
PHILIP R WOLINSKY DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS E WOOD DIRECTOR 1.00
Director
$0 $0 $0
DON K NAKAYAMA TREASURER 1.00
Officer
$0 $0 $0
DENNIS H KRAUS SECOND VP (AS OF 10/24) 1.00
Officer
$0 $0 $0
DEBORAH A KUHLS SECOND VP (THRU 10/24) 1.00
Officer
$0 $0 $0
SHERRY M WREN SECRETARY 1.00
Officer
$0 $0 $0
PATRICIA L TURNER EXECUTIVE DIRECTOR & CEO 38.00
Officer
$1,151,185 $299,707 $1,450,892
PAIGE A RODGERS CFO 38.00
Officer
$660,957 $96,697 $757,654
NANCY L GANTT FIRST VP (AS OF 10/24) 1.00
Officer
$10,595 $0 $10,595
TYLER G HUGHES FIRST VP (THRU 10/24) 39.00
Officer
$96,564 $0 $96,564
AJIT SACHDEVA SVP, EDUCATION 40.00
Key Emp
$907,257 $312,801 $1,220,058
CLIFFORD KO SVP, QUALITY PROGRAMS 40.00
Key Emp
$979,836 $177,676 $1,157,512
MICHAEL J SUTHERLAND SVP, MEMBER SERVICES 40.00
Key Emp
$619,563 $133,591 $753,154
MICHELLE MCGOVERN CHIEF HR OFFICER 40.00
Highest
$571,329 $201,828 $773,157
RONALD J WEIGEL MEDICAL DIRECTOR, CANCER PROGRAMS 40.00
Highest
$710,845 $38,776 $749,621
CHRISTIAN D SHALGIAN SVP. ADVOCACY AND HEALTH 40.00
Highest
$484,787 $173,330 $658,117
GIRMA TEFERA MEDICAL DIRECTOR, ACS HOPE 40.00
Highest
$475,534 $137,113 $612,647
LEWIS FLINT EDITOR OF SELECTED READINGS (THRU 06/25) 40.00
Highest
$529,635 $-300,156 $229,479
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 $177,470,920 $142,549,416 $773,004,565 $34,921,504
2024 No data No data No data No data
2023 $129,513,600 $139,911,745 $678,424,966 $-10,398,145
2022 $152,942,279 $120,729,805 $657,204,264 $32,212,474
2021 $148,435,585 $117,794,212 $699,715,170 $30,641,373
2020 $134,561,979 $124,455,383 $595,958,812 $10,106,596
2019 $121,389,500 $119,803,140 $625,589,543 $1,586,360
2018 $141,673,902 $115,742,545 $620,378,188 $25,931,357
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