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. Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
SOCIETY FOR VASCULAR ULTRASOUND
Employer identification number
31-0949301
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 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 monetary support
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 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) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(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) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(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. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
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 2013 (line 6, column (f) divided by line 11, column (f))
.........
14
15
Public support percentage for 2012 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2013.
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—2012.
If the organization did not check a 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—2013.
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—2012.
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) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 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) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
532,299
552,321
559,813
601,922
673,397
2,919,752
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......
647,011
676,782
632,322
627,494
647,519
3,231,128
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.
1,179,310
1,229,103
1,192,135
1,229,416
1,320,916
6,150,880
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
0
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.
0
c
Add lines 7a and 7b..
0
8
Public support (Subtract line 7c from line 6.)
6,150,880
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
9
Amounts from line 6...
1,179,310
1,229,103
1,192,135
1,229,416
1,320,916
6,150,880
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
3,546
2,009
671
1,607
7,131
14,964
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
3,546
2,009
671
1,607
7,131
14,964
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.)
..
33,524
27,130
6,082
6,618
3,105
76,459
13
Total support. (Add lines 9, 10c, 11, and 12.)..
1,216,380
1,258,242
1,198,888
1,237,641
1,331,152
6,242,303
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 2013 (line 8, column (f) divided by line 13, column (f))
.........
15
98.540 %
16
Public support percentage from 2012 Schedule A, Part III, line 15
...............
16
98.400 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f))
......
17
0.240 %
18
Investment income percentage from 2012 Schedule A, Part III, line 17
.............
18
0.220 %
19a
33 1/3% support tests—2013.
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—2012.
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) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information.
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2013
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.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
SOCIETY FOR VASCULAR ULTRASOUND
Employer identification number
31-0949301
Return Reference
Explanation
FORM 990, PART VI, SECTION A, LINE 6
SVU WORKS HARD TO GIVE ITS MEMBERS THE PROFESSIONAL RESOURCES NEEDED TO SUCCEED IN TODAYS QUICKLY CHANGING WORLD. THE SOCIETY STRIVES TO PROMOTE KNOWLEDGE AMONG ULTRASOUND PROFESSIONALS OF CURRENT HOT TOPICS AS WELL AS REGULATORY AND LEGISLATIVE ADVOCACY ISSUES. SVU MEMBERSHIP CATEGORIES 1, REGULAR MEMBERS- THOSE WHO ARE CLINICIANS, SCIENTISTS, EDUCATORS AND INDUSTRY PROFESSIONALS WORKING IN OR UTILIZING VASCULAR TECHNOLOGY. THEY SHALL BE REQUIRED TO PAY ANNUAL MEMBERSHIP DUES AND MAY VOTE. ONLY THOSE MEMBERS WHO HAVE RECEIVED AND MAINTAIN A PROFESSIONAL CREDENTIAL IN VASCULAR TECHNOLOGY MAY HOLD ELECTED OFFICE WITHIN SVU. 2 HONORARY MEMBERS- PERSONS WHO HAVE GIVEN OUTSTANDING SUPPORT AND SERVICE TO SVU HONORARY MEMBERSHIP SHALL BE BY NOMINATION BY ANY MEMBER OF SVU AND REQUIRES APPROVAL OF TWO-THIRDS MAJORITY OF THE BOARD OF DIRECTORS. HONORARY MEMBERS SHALL NOT BE REQUIRED TO PAY ANNUAL MEMBERSHIP DUES AND CANNOT HOLD ELECTED OFFICE, BUT MAY VOTE. 3 RETIRED/DISABLED MEMBERS-THOSE THAT ARE EITHER RETIRED FROM THE PROFESSION OR DISABLED. THEY MUST SUBMIT TO SVU A SIGNED LEGAL AFFIDAVIT PREPARED BY THE SVU ATTORNEY) CERTIFYING THEY'RE RETIRED FROM THE PROFESSION OR PHYISICALLY UNABLE TO PRACTICE IN THE PROFESSION AND PAY REDUCED ANNUAL DUES. THEY ARE ELIGIBLE TO VOTE AND ELIGIBLE TO SERVE ON COMMITTEES. 4 FOUNDING MEMBERS- THOSE PERSONS WHO WERE THE ORIGINAL NINE FOUNDING MEMBERS OF THE SOCIETY OF NONINVASIVE VASCULAR TECHNOLOGY, AND SHALL BECOME HONORARY MEMBERS. 5 DISTINGUISHED FELLOW MEMBERS- A MEMBER WHO HAS MADE OUTSTANDING CONTRIBUTIONS TO VASCULAR ULTRASOUND AND INSPIRED LEADERSHIP IN SVU AND SELECTED BY THE BOARD TO BE AN SVU FELLOW. THEY ARE REQUIRED TO PAY ANNUAL DUES. 6 SIGNATURE LAB MEMBERSHIP- THIS MEMBERSHIP CATEGORY RECOGNIZES 100% ANNUAL MEMBERSHIP PARTICIPATION IN SVU BY A LABORATORY TECHNOLOGIST WHO PERFORMS VASCULAR STUDIES AND AT LEAST ONE (1) PHYSICIAN IN THE LAB.
FORM 990, PART VI, SECTION A, LINE 7A
REGULAR, HONORARY AND RETIRED/DISABLED MEMBERS ALL HAVE THE POWER TO VOTE.
FORM 990, PART VI, SECTION B, LINE 11
A COPY OF THE FORM 990 IS SENT TO MEMBERS OF THE GOVERNING BOARD OR THE OFFICERS OF THE GOVERNING BOARD FOR REVIEW AND DISCUSSION BEFORE FILING THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C
FOR EACH INTEREST DISCLOSED TO THE PRESIDENT OF THE SVU BOARD OF DIRECTORS, THE PRESIDENT WILL DETERMINE WHETHER TO (A) TAKE NO ACTION, (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY, (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE SOCIETY, OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE SOCIETY OR , IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE SOCIETY'S REMOVAL PROCEDURES OUTLINED IN THE SVU POLICY & PROCEDURE MANUAL. THE SOCIETY'S CHIEF EMPLOYED EXECUTIVE DIRECTOR AND TREASURER WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT OF THE SVU BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
FORM 990, PART VI, SECTION B, LINE 15
THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE SVU BOARD OF DIRECTORS, (2) USE OF DATA AS TO COMPARABLE COMPENSATION, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL- THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE SVU BOARD OF DIRECTORS, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION- THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING- THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT.
FORM 990, PART VI, SECTION C, LINE 19
THE ORGANIZATION HAS THE POLICY OF EVALUATING THE REQUESTS FOR GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS PRIOR TO GRANTING SUCH REQUESTS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.