Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
SOCIETY OF LAPAROENDOSCOPIC SURGEONS INC
Employer identification number
65-0227883
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6
Public Support. Subtract line 5 from line 4.
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
7
Amounts from line 4..
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11
Total support (Add lines 7 through 10).
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2010.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2009.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2009.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
1,431,018
1,359,595
1,187,110
1,227,688
1,081,359
6,286,770
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
535,891
458,805
410,330
381,212
420,864
2,207,102
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
1,966,909
1,818,400
1,597,440
1,608,900
1,502,223
8,493,872
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
515,620
440,068
393,867
364,183
405,140
2,118,878
c
Add lines 7a and 7b..
515,620
440,068
393,867
364,183
405,140
2,118,878
8
Public Support (Subtract line 7c from line 6.)
6,374,994
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
9
Amounts from line 6...
1,966,909
1,818,400
1,597,440
1,608,900
1,502,223
8,493,872
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
52,739
49,756
32,322
56,995
40,282
232,094
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
52,739
49,756
32,322
56,995
40,282
232,094
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
7,500
5,557
16,500
37,031
29,926
96,514
13
Total support (Add lines 9, 10c, 11 and 12.).
2,027,148
1,873,713
1,646,262
1,702,926
1,572,431
8,822,480
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f))
.........
15
72.260 %
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
72.380 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
3.000 %
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
3.000 %
19a
33 1/3% support tests—2010.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2009.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
PART III LINE 12 - OTHER INCOME DETAIL INCOME FROM WEBSITE 9,600 OTHER INCOME 20,326
Schedule A (Form 990 or 990-EZ) 2010
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
SOCIETY OF LAPAROENDOSCOPIC SURGEONS INC
Employer identification number
65-0227883
Identifier
Return Reference
Explanation
ORGANIZATION'S MISSION
FORM 990 - ORGANIZATION'S MISSION
FORM 990 - PART I, LINE 1, AND PART III, LINE 1: THE SOCIETY PROVIDES THE COMMUNITY WITH THE FOLLOWING BENEFITS: SLS REPORT: THIS NEWSLETTER IS DESIGNED TO DELIVER NEWS AND INFORMATION OF INTEREST AND VALUE TO MEMBER SURGEONS PERFORMING LAPAROSCOPIC OPERATIONS, AND IS PROVIDED AT NO ADDITIONAL COST TO SLS MEMBERS. THE NEWSLETTER PROVIDES VALUABLE INFORMATION IN COLUMNS SUCH AS "TEST DRIVE" WHICH REVIEWS THE PERSONAL EXPERIENCES OF SURGEONS USING NEW INSTRUMENTS AND EQUIPMENT. THE COLUMN ENTITLED "TIPS AND TECHNIQUES" EXPLAINS WHAT WORKS AND WHAT DOES NOT WORK IN THE UTILIZATION OF LAPAROENDOSCOPIC TECHNIQUES. OTHER DATA REPORTED IN THE NEWSLETTER INCLUDE A CONTINUING MEDICAL EDUCATION CALENDAR, AN ABSTRACT INDEX, AND A SYNOPSIS OF ONGOING DATABASES AND FEATURE ARTICLES. PUBLICATION COMMITTEE: THE RESPONSIBILITY OF THIS COMMITTEE IS TO SECURE OR SUBMIT MATERIALS, WRITTEN AND VISUAL, FOR PUBLICATION IN THE OFFICIAL SOCIETY NEWSLETTER, THE SLS REPORT, AND SECONDARILY, FOR PUBLICATION IN SLS ENDORSED JOURNALS OFFERED AT A DISCOUNT TO SLS MEMBERS. THE NEWSLETTER AND OTHER PRIMARY OR SECONDARY SLS PUBLICATIONS HELP ACHIEVE THESE GOALS: - INSTRUCT - EXCHANGE IDEAS - IMPROVE MEDICAL SURGICAL TECHNIQUES AND PROVIDE INFORMATION ON OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY - SHARE INFORMATION BETWEEN ALL SURGEONS AND MEDICAL SPECIALTIES WHICH PRACTICE OPERATIVE LAPAROSCOPY/ ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY THE PUBLICATION COMMITTEE SHALL HAVE NO MORE THAN THIRTY MEMBERS, WITH RECRUITMENT AND SELECTION, DUE TO RESIGNATION, TENURE OR SPECIAL NEED, CONDUCTED AT THE DIRECTION OF THE CHAIRMAN. MEETINGS: MEETINGS OF THE SOCIETY ARE DEVELOPED UNDER THE GUIDANCE OF THE EDUCATION COMMITTEE. THE RESPONSIBILITY OF THIS COMMITTEE IS TO ESTABLISH AN ANNUAL PROGRAM OF EDUCATIONAL EVENTS, SUCH AS CONFERENCES, SEMINARS OR COURSES, ONE OF WHICH WILL BE PRESENTED IN CONJUNCTION WITH THE ANNUAL MEETING, AS EITHER EXCLUSIVE OR COOPERATIVE SPONSORSHIPS, THAT WILL ASSIST THE SOCIETY IN MEETING THESE AND OTHER OBJECTIVES: - MAINTAIN AND IMPROVE MEDICAL STANDARDS FOR OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY - IMPROVE MEDICAL SURGICAL TECHNIQUES, AS WELL AS PROVIDE INFORMATION AND KNOWLEDGE ON OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY THE EDUCATION COMMITTEE SHALL DETERMINE THE AUDIENCE, SCOPE, AND TARGET OBJECTIVES, FORMAT, AND RECOMMENDED FACULTY/SPEAKERS FOR EACH PROGRAM. THE EDUCATION COMMITTEE MAY APPOINT AN ADVISORY BOARD, HEADED BY A CHAIRMAN, FOR EACH EVENT TO FACILITATE PROGRAM DEVELOPMENT AND TO ENSURE PROGRAM QUALITY. STANDING EDUCATION COMMITTEE MEMBERS MAY ALSO SERVE ON AD HOC ADVISORY BOARDS. SUBCOMMITTEES INCLUDE ANNUAL CONFERENCE, ANNUAL EXPOSITION, AND SEMINAR SERIES. THE EDUCATION COMMITTEE SHALL HAVE NO MORE THAN FIFTEEN MEMBERS, WITH RECRUITMENT AND SELECTION, DUE TO RESIGNATION, TENURE OR SPECIAL NEED, CONDUCTED AT THE DIRECTION OF THE CHAIRMAN. EXHIBITIONS: EXHIBITIONS OF THE SOCIETY ARE COORDINATED BY THE TECHNICAL COMMITTEE WHICH IS COMPOSED OF CORPORATE MEMBER-DESIGNATED LIAISONS AND GENERAL MEMBERS SELECTED BY THE PRESIDENT. THIS COMMITTEE WILL INVESTIGATE TECHNICAL FEASIBILITY OF NEW INSTRUMENTATION, RECOMMEND THE BEST CONFIGURATION OF EQUIPMENT, AND ORGANIZE THE DISPLAY AND EXPLANATION OF SUCH EQUIPMENT. EXHIBITION IS VOLUNTARY, BUT ALL EXHIBITORS AT SLS MEETINGS MUST BE SLS CORPORATE MEMBERS. SLS REGISTRY: THE OBJECTIVE OF THIS ACTIVITY IS TO MAINTAIN A CROSS-REFERENCED REGISTRY OF KNOWLEDGEABLE SPEAKERS WHO WILL BE NOT ONLY A RESOURCE TO THE SLS PROFESSIONAL EDUCATION ADVISORY BOARDS, BUT WILL ALSO BE OF USE TO OTHER MEDICAL SOCIETIES. THIS CATALOG OF SLS MEMBERS OFFERING PROFESSIONAL TALKS ON SUBJECTS BOTH RELEVANT AND TIMELY TO OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY WILL BE UPDATED TWICE ANNUALLY (SEPTEMBER/MARCH). MEMBERS WISHING TO CONTINUE THE REGISTRY, BUT REQUIRING CHANGES TO THEIR ENTRY, WILL SEND THEIR CHANGES TO THE OFFICES OF THE SOCIETY 30 DAYS IN ADVANCE OF PUBLICATION. NON-NOTIFICATION WILL SIGNIFY THE ENTRY REMAINS SATISFACTORY. AFTER TWO YEARS, UNCHANGED ENTRIES WILL BE REVIEWED AND THE UNCHANGED SPEAKER ENTRIES WILL BE REVIEWED AND THE SPEAKER CONTACTED. THE SOCIETY EXECUTIVE COMMITTEE MAY APPOINT A SCREENING COMMITTEE TO ENSURE ACCURACY AND QUALITY. THE INCLUSION OR WITHDRAWAL OF AN ENTRY RESULTS FROM MEMBER REQUESTS OR FROM A DECISION OF THE SCREENING COMMITTEE. THE REGISTRY ASSISTS THE SOCIETY IN ACHIEVING THESE AND OTHER OBJECTIVES: - EXCHANGE IDEAS - HOLD MEETINGS, SEMINARS AND CONFERENCES - SHARE INFORMATION BETWEEN SURGEONS AND MEDICAL SPECIALTIES WHICH PRACTICE OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY - RECOGNIZE INDIVIDUALS WHO HAVE MADE AN OUTSTANDING CONTRIBUTION TO THE FIELD OF OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY-INVASIVE SURGERY
FIRST ACHIEVEMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4A
THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF SURGEONS WHO PERFORM OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY. THE ORGANIZATION HAS SUCCESSFULLY SOLICITED THE MEMBERSHIP OF APPROXIMATELY 3,000 PRACTITIONERS OF THIS MEDICAL SPECIALTY. THE ORGANIZATION'S ACCOMPLISHMENTS ARE THE RESULT OF SEVERAL ACTIVITIES. THE SOCIETY'S ACTIVITIES ARE DESIGNED TO ACCOMPLISH THE FOLLOWING OBJECTIVES: 1. TO TEACH, DEMONSTRATE, INSTRUCT, EXCHANGE IDEAS, DISTRIBUTE LITERATURE AND HOLD MEETINGS, SEMINARS AND CONFERENCES RELATED TO OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY. 2. STIMULATE INTEREST IN OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY. 3. MAINTAIN AND IMPROVE MEDICAL STANDARDS FOR OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY IN MEDICAL SCHOOLS AND HOSPITALS. 4. MAINTAIN AND IMPROVE ETHICS, PRACTICE, AND EFFICIENCY OF THE MEDICAL PRACTICE PERTAINING TO OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY. 5. TO IMPROVE MEDICAL SURGICAL TECHNIQUES, AS WELL AS PROVIDE INFORMATION AND KNOWLEDGE TO INTERESTED PARTIES AND GOVERNMENTAL AGENCIES. 6. TO CONDUCT MEDICAL RESEARCH IN THE AREA OF OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY AND TO PUBLISH MEDICAL AND SCIENTIFIC LITERATURE PERTAINING TO SUCH FIELD. 7. TO SHARE INFORMATION AMONG ALL SURGEONS AND MEDICAL SPECIALTIES WHICH PRACTICE OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY. 8. TO RECOGNIZE INDIVIDUALS WHO HAVE MADE AN OUTSTANDING CONTRIBUTION TO THE FIELD OF OPERATIVE LAPAROSCOPY/ENDOSCOPY AND MINIMALLY INVASIVE SURGERY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
FORM 990, PAGE 6, PART VI, LINE 11B
THE OFFICERS ASSIST THE ACCOUNTANTS IN THE PREPARATION OF THE 990 FORM. ANY ISSUES RAISED IN THE PREPARATION OF THE FORM ARE RESOLVED BY THE OFFICERS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE RETURN PRIOR TO FILING. ANY ISSUES THE COMMITTEE MAY HAVE ARE ADDRESSED
ENFORCEMENT OF CONFLICTS POLICY
FORM 990, PAGE 6, PART VI, LINE 12C
THE ORGANIZATION REAFFIRMED ITS PRIOR CONFLICT OF INTEREST POLICY IN A BOARD MEETING ON JULY 2010. THE ORGANIZATION MONITORS CONFLICTS OF INTEREST POLICY BY FOLLOWING WRITTEN POLICIES AND PROCEDURES.
COMPENSATION PROCESS FOR TOP OFFICIAL
FORM 990, PAGE 6, PART VI, LINE 15A
THE CHAIRMEN'S (DR. WETTER) COMPENSATION WAS CALCULATED BASED ON INFORMATION FROM THE ASSOCIATION EXECUTIVE COMPENSATION STUDY PUBLISHED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES IN WASHINGTON D.C. AND IS PERIODICALLY REVIEWED BY THE BOARD.
COMPENSATION PROCESS FOR OFFICERS
FORM 990, PAGE 6, PART VI, LINE 15B
THE ADMINISTRATIVE PERSONNEL SET SALARY RATES FOR ALL EMPLOYEES SUBJECT TO THE REVIEW AND APPROVAL OF THE CHAIRMAN.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
FORM 990, PAGE 6, PART VI, LINE 19
THE FORM 1023 FILING AND ALL UPDATES THEREFOR SHALL BE MADE ACCESSABLE AT THE CORPORATE OFFICES OF THE COMPANY TO ANY MEMBER OF THE PUBLIC UPON REASONABLE NOTICE PRESENTED TO THE COMPANY.
OTHER CHANGES IN NET ASSETS EXPLANATION
FORM 990, PART XI, LINE 5
UNRESTRICTED NET ASSETS INCLUDES AN ADJUSTMENT FOR UNREALIZED GAINS/LOSSES FROM THE REPORTING OF INVESTMENTS AT THEIR YEAR-END MARKET VALUE AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPALS (GAAP).IN 2010 IT AMOUNTED TO 120,165 IN UNREALIZED GAINS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.