501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$340K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $780K a year · 21% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$340K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $4.8M in investments, Pt X · Ln 11–13
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $89K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.6M
+30% vs prior year
Spent
$3.1M
To programs
74%
Net assets
$6.2M
By yearFY2020–FY2025
Revenue
$4.6M
FY2024▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$2.0M
FY2022$3.0M
FY2023$3.6M
FY2024$4.6M
FY2025$5.4M
Expenses
$3.1M
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.8M
FY2021$2.0M
FY2022$2.8M
FY2023$2.9M
FY2024$3.1M
FY2025$3.1M
Net assets
$6.2M
FY2024▲ +42%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$4.3M
FY2022$3.6M
FY2023$4.3M
FY2024$6.2M
FY2025$8.5M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $2.3M Management & general 26% · $823K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990; $340K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$180,904Pt VII · Sec A
Executive Director - Former
$159,368Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Falcioni$279,089$180,904————
Charity Quick———$254,416$124,721—
Charity Quick-Borgard—$159,368$251,580———
Edward Schilling—————$199,546
Jennifer Novesky———$141,692$135,500$126,500
Michele Ciapa———$127,674$122,000$114,420
Valerie Kolmaiser———$75,230$113,167$103,744
Lori Saskiewicz$105,000—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Biomedical Engineering Society executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects biomedical engineers to network, share ideas, and advance their professional development in specific research areas.

Questions for Biomedical Engineering Society

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Your first name shows with your question. Biomedical Engineering Society answers here, for everyone.

Provided by the organization

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3 programs · $2.3M · in their own filed words · FY2023
01

Annual Meeting

Biomedical Engineering Society continued the tradition offering an excellent technical content and a meeting environment that offered many opportunities for discussion and social interaction.

$1.1Mprogram expense
02

Membership

The membership consisted of a wide variety of professionals and leaders that were helpful in the professional development and contributed to the pursuit of excellence in the field of biomedical engineering.

$958Kprogram expense
03

Special Interest Groups

The Organization has established a process for members of The Society who have an interest in forming special interest groups (SIGs).The purpose of SIGs are to provide networking opportunities for the exchange of information and ideas in a specific research area, to provide members with a forum to network and discuss issues relevant to…

$227Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$89K
See all 3 funders →
Grants paid · 7 grants · $408K · 2019–2024
Unitemized GrantFY2024$117,909
Unitemized GrantFY2023$124,273
Unitemized GrantFY2022$22,250
Unitemized GrantFY2022$22,250
Unitemized GrantFY2021$52,254
Unitemized GrantFY2020$41,280
Unitemized GrantFY2019$27,992

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.6M
Ln 12
Fees for servicesLn 2g$3.8M
Other incomeLn 4–11$363K
Gifts and grantsLn 1h$261K
Money outPt IX
$3.1M
Ln 25
Programscol B$2.3M
Managementcol C$823K
Owns and owesPt X
$6.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$7.5M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
22
listed · VII A
PaidVII A2
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$261K
Government grantsLn 1e$20K
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$194K
Other incomeLn 4–11$363K
Gains on assetsLn 7$4K
Total revenueLn 12$4.6M
Assets in detailPt X, end of year
CashLn 1$2.2M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$8K
Other assetsLn 15$102K
Total assetsLn 16$7.5M
LiabilitiesLn 26$1.3M
Net assetsLn 32$6.2M
OperationsPt I, VI
EmployeesI 59
VolunteersI 6250
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$877K$2.2M
InvestmentsLn 11–13$4.2M$4.8M
Land, buildings, equipmentLn 10c$13K$8K
Total assetsLn 16$5.5M$7.5M
LiabilitiesLn 26$1.1M$1.3M
Net assetsLn 32$4.4M$6.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$124K$124K
Pay of current officers, directors and key staffLn 5$181K$132K$49K
Other salaries and wagesLn 7$479K$349K$129K
Pension plan contributionsLn 8$57K$41K$15K
Other employee benefitsLn 9$54K$40K$15K
Payroll taxesLn 10$51K$37K$14K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$72K$72K
Investment management feesLn 11f$22K$22K
Other fees for servicesLn 11g$308K$93K$215K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$63K$35K$28K
Information technologyLn 14$145K$119K$26K
OccupancyLn 16$106K$77K$29K
TravelLn 17$158K$155K$3K
Conferences, conventions and meetingsLn 19$1.1M$1.1M$13K
Depreciation, depletion and amortizationLn 22$5K$3K$1K
InsuranceLn 23$4K$3K$1K
Other expenses (24a–d)Ln 24$202K$12K$190K
Total functional expensesLn 25$3.1M$2.3M$823K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.4M$3.1M$2.3M$8.5M 990 PDF
FY2024 Viewing $4.6M$3.1M$1.5M$6.2M 990 PDF
FY2023 $3.6M$2.9M$695K$4.3M 990 PDF
FY2022 $3.0M$2.8M$210K$3.6M 990 PDF
FY2021 $2.0M$2.0M$9K$4.3M 990 PDF
FY2020 $3.7M$3.8M−$56K$3.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,645,683 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $452,728$260,816
I-9 Program service revenuePrior year $2,589,852$3,827,690
I-10 Investment incomePrior year $205,275$194,192
I-11 Other revenuePrior year $334,934$362,985
I-12 Total revenuePrior year $3,582,789$4,645,683
I-13 Grants and similar amounts paidPrior year $22,250$124,273
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $946,558$821,488
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,869,215$2,181,366
I-18 Total expensesPrior year $2,838,023$3,127,127
I-19 Revenue less expensesPrior year $744,766$1,518,556
Part VI · Governance 21 of 21 board members independent, 1 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,645,683 across 9 lines filed
VIII-1e Government grants$20,350
VIII-1f All other contributions, gifts and grants$240,466
VIII-1h Total contributions, gifts and grants$260,816
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,827,690$3,827,690
VIII-3 Investment incomeExcluded from tax $190,032$190,032
VIII-5 RoyaltiesExcluded from tax $362,048$362,048
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,160$4,160
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $937$937
VIII-12 Total revenueRelated to mission $3,828,627 · Unrelated business $0 · Excluded from tax $556,240$4,645,683
Part IX · Statement of functional expenses $3,127,127 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $124,273$124,273
IX-5 Pay of current officers, directors and key staffPrograms $132,060 · Management $48,844$180,904
IX-7 Other salaries and wagesPrograms $349,365 · Management $129,218$478,583
IX-8 Pension plan contributionsPrograms $41,269 · Management $15,264$56,533
IX-9 Other employee benefitsPrograms $39,519 · Management $14,616$54,135
IX-10 Payroll taxesPrograms $37,473 · Management $13,860$51,333
IX-11b Legal feesManagement $2,631$2,631
IX-11c Accounting feesManagement $71,568$71,568
IX-11f Investment management feesManagement $21,732$21,732
IX-11g Other fees for servicesPrograms $92,908 · Management $214,790$307,698
IX-12 Advertising and promotionPrograms $17,167$17,167
IX-13 Office expensesPrograms $34,716 · Management $28,149$62,865
IX-14 Information technologyPrograms $119,014 · Management $25,950$144,964
IX-16 OccupancyPrograms $77,138 · Management $28,530$105,668
IX-17 TravelPrograms $155,163 · Management $2,527$157,690
IX-19 Conferences, conventions and meetingsPrograms $1,065,789 · Management $12,509$1,078,298
IX-22 Depreciation, depletion and amortizationPrograms $3,395 · Management $1,256$4,651
IX-23 InsurancePrograms $2,911 · Management $1,076$3,987
IX-24 Other expenses (24a–d)Programs $12,231 · Management $190,216$202,447
IX-25 Total functional expensesPrograms $2,304,391 · Management $822,736 · Fundraising $0$3,127,127
Part X · Balance sheet $7,497,337 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $877,116$2,159,073
X-3 Pledges and grants receivable$13,000
X-4 Accounts receivableStart of year $54,095$40,186
X-9 Prepaid expenses and deferred chargesStart of year $213,652$377,061
X-10c Land, buildings and equipment, netStart of year $12,967$8,315
X-11 Publicly traded securitiesStart of year $4,160,021$4,797,624
X-15 Other assetsStart of year $199,282$102,078
X-16 Total assetsStart of year $5,517,133$7,497,337
X-17 Accounts payable and accrued expensesStart of year $130,224$261,856
X-19 Deferred revenueStart of year $782,158$958,162
X-25 Other liabilitiesStart of year $206,852$96,026
X-26 Total liabilitiesStart of year $1,119,234$1,316,044
X-27 Net assets without donor restrictionsStart of year $2,882,173$4,636,265
X-28 Net assets with donor restrictionsStart of year $1,515,726$1,545,028
X-32 Total net assets or fund balancesStart of year $4,397,899$6,181,293
X-33 Total liabilities and net assetsStart of year $5,517,133$7,497,337
Part XI · Reconciliation of net assets $6,181,293 net assets at year end
XI-1 Total revenue$4,645,683
XI-2 Total expenses$3,127,127
XI-3 Revenue less expenses$1,518,556
XI-4 Net assets at start of year$4,397,899
XI-5 Net unrealized gains (losses) on investments$264,838
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,181,293

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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