Civic Intelligence

Society for Vascular Ultrasound

EIN 82-3881654 • 501(c)6 • St Louis Park, MN

Profile

The Society for Vascular Ultrasound ("the Society"), is a professional society dedicated to the enhancement of public welfare by fostering optimal patient care and vascular disease prevention through professional training and education, promotion of scientific research, leadership in development of professional guidelines, facilitation of cooperation between health professions, consultation and coordination of activities involving noninvasive vascular technology, and the formulation of health care policies.

1601 Utica Ave S 213St Louis Park, MN 55416

www.svu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.71x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.62x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

53rd percentile

5.5%

Higher net margin than 53% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$209,666

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-2.3%

Faster asset growth than 27% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.2%

Faster revenue growth than 42% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$978,096

Down $23,251 (-2.3%) from 2023

Liabilities

Down

$692,734

Down $84,401 (-11%) from 2023

Net Assets

Up

$285,362

Up $61,150 (+27%) from 2023

Revenue

Up

$1,112,193

Up $34,382 (+3.2%) from 2023

Expenses

Down

$1,051,043

Down $183,154 (-15%) from 2023

Net Income

Up

$61,150

Up $217,536 (+139%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $845,960Liabilities 2018: $786,922Net Assets 2018: $59,0382018Assets 2019: $775,144Liabilities 2019: $658,903Net Assets 2019: $116,2412019Assets 2020: $1,003,345Liabilities 2020: $774,509Net Assets 2020: $228,8362020Assets 2021: $1,149,992Liabilities 2021: $726,658Net Assets 2021: $423,3342021Assets 2022: $1,130,263Liabilities 2022: $775,485Net Assets 2022: $354,7782022Assets 2023: $1,001,347Liabilities 2023: $777,135Net Assets 2023: $224,2122023Assets 2024: $978,096Liabilities 2024: $692,734Net Assets 2024: $285,3622024

Highlighted filing

2024

Assets$978,096
Liabilities$692,734
Net Assets$285,362

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2018: $155,000Expenses 2018: $95,962Net Income 2018: $59,0382018Revenue 2019: $1,449,366Expenses 2019: $1,392,163Net Income 2019: $57,2032019Revenue 2020: $1,272,894Expenses 2020: $1,160,299Net Income 2020: $112,5952020Revenue 2021: $1,196,761Expenses 2021: $995,454Net Income 2021: $201,3072021Revenue 2022: $1,193,924Expenses 2022: $1,262,480Net Income 2022: -$68,5562022Revenue 2023: $1,077,811Expenses 2023: $1,234,197Net Income 2023: -$156,3862023Revenue 2024: $1,112,193Expenses 2024: $1,051,043Net Income 2024: $61,1502024

Highlighted filing

2024

Revenue$1,112,193
Expenses$1,051,043
Net Income$61,150

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,112,193
Mission and Program Overview

Mission

The society's primary purpose is to provide a national membership society for those engaged in the field of non-invasive vascualr technology and advocating on behalf of the field.

A national membership society for those engaged in the field of non-invasive vascular technology and advocating on behalf of the field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$919,079$915,712▼ $3,367
Prepaid Expenses and Deferred Charges$16,463$36,162▲ $19,699
Accounts Receivable$28,561$24,855▼ $3,706
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,001,347$978,096▼ $23,251
Other Assets Total$37,244$1,367▼ $35,877
Liabilities
Deferred Revenue$572,590$515,727▼ $56,863
Unsecured Notes Loans Payable$150,000$150,000→ $0
Accounts Payable and Accrued Expenses$48,160$26,094▼ $22,066
Other Liabilities$6,385$913▼ $5,472
Total Liabilities$777,135$692,734▼ $84,401
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$224,212$285,362▲ $61,150
Total Net Assets Fund Balance$224,212$285,362▲ $61,150
Total Liabilities and Net Assets / Fund Balance$1,001,347$978,096▼ $23,251

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$175,413$175,413
Equipment$0$12,797$12,797
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol DingeldeyExecutive DirectorFT$195,440$14,226$209,666
Lalonne McleanDirector Meetings, Education, AdminFT$110,754$9,145$119,899

Board Members and Trustees

NameTitle
Joshua LeePresident
Brian SappPresident Elect
Colton TaylorAt-Large Director
Robert Moody JrAt-Large Director
Dr Sean RoddyPhysician Director
Casandra SalyerStudent Director
Abraham EttaherTechnologist Director
Jean White-MelendezTechnologist Director
Meagan ShawTechnologist Director
Melinda BenderTechnologist Director
Meredith BordelonTechnologist Director
Traci FoxTechnologist Director
Brandon KeysVendor Director
Marguerite MarlowSecretary
Patrick WashkoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,336
Program Service Revenue
$1,025,464
Investment Income
$10,170
Other Revenue
$75,223
All Other Contributions
$1,336
Change in Net Assets
$61,150

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,112,193
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,110
Total Revenue per Audited Statements
$1,129,303
Total Revenue per Form 990
$1,112,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$581,684
Salaries, Compensation, and Employee Benefits$469,359
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$209,666
Other Salaries and Wages---$195,293
Conferences and Meetings---$165,696
Information Technology---$114,948
Fees for Services Accounting---$69,408
Fees for Services Other---$42,139
Travel---$40,999
Office Expenses---$37,707
Payroll Taxes---$29,682
Other Employee Benefits---$23,193
Fees for Services Legal---$16,989
Pension Plan Contributions---$11,525
Insurance---$10,400
All Other Expenses---$10,034
Occupancy---$8,200
Advertising---$7,028
Other Expenses---$4,955
Interest---$4,125
Total Functional Expenses$0$0$0$1,051,043

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,058,931
Expenses per Audited Statements$1,051,043
Total Expenses per Form 990$1,051,043
Expenses Not Reported on Form 990$7,888
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to related party$913
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

SVU works hard to give its members the professional resources needed to succeed in today's quickly changing world. The Society strives to promote knowledge among ultrasound professionals on current hot topics as well as regulatory and legislative advocacy issues. SVU membership categories: (1) Regular members - Those are 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 maintained a professional credential in vascular technology may hold an 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 are retired from the profession or physically unable to practice in the profession. They pay reduced annual dues, are eligible to vote, and are eligible to serve on committees. (4) Founding members - Those persons who were the original nine founding members of the Society of Non-Invasive Vascular Technology shall become honorary members. (5) Distinguished fellow members - Members who have made outstanding contributions to vascular ultrasound, inspired leadership in SVU, and are selected by the Board to be an SVU member. 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 with at least one 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 11B

A copy of the Form 990 is sent to the 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/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 Foundation Board of Directors, (2) Use of data to comparable compensation, and (3) contemporaneous documentation and recordkeeping. 1. Review and approval - The compensation of the Executive Director is reviewed and approved by the Executive Committee of the SVU Board of Directors. 2. Use of data as to comparable compensation - The compensation of the Executive Director 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.

Filing and Contact Details

Filer

Filer Name
Society for Vascular Ultrasound
EIN
82-3881654
Phone
3014597550
Address
1601 Utica Ave S 213, St Louis Park, MN 55416

Signing Officer

Name
Andrew Spear
Title
Executive Director
Phone
3014597550
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Spear
Formed
2017
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
73

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Amanda E Waterhouse
Phone
7038930300
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Management has evaluated the Society's and the Foundation's tax positions and concluded that the consolidated financial statements do not include any uncertain tax positions.

Part XI, Line 2D - Other Adjustments:

Related entity revenues, consolidated in financial statements. 17,110.

Part XII, Line 2D - Other Adjustments:

Related entity expenses, consolidated in financial statements. 7,888.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0The Society for Vascular Ultrasound ("the Society"), is a professional society dedicated to the enhancement of public welfare by fostering optimal patient care and vascular disease prevention through professional training and education, promotion of scientific research, leadership in development of professional guidelines, facilitation of cooperation between health professions, consultation and coordination of activities involving noninvasive vascular technology, and the formulation of health care policies.
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IRS990/PrincipalOfficerNm0Andrew Spear
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IRS990/ProgSrvcAccomActy2Grp/Desc0Membership Services: Membership includes efforts from SVU to obtain new members and to support all membership activities. SVU membership is comprised of professionals from the ultrasound community.
IRS990/ProgSrvcAccomActy3Grp/Desc0Annual Conference: The annual conference is an interactive three-day forum meeting the educational and professional needs of vascular technologists/sonographers and others in the field, regardless of experience level. The conference is a blend of scientific and clinical sessions, tutorials, educational workshops, featured speakers, panel discussions, case studies, live scanning demonstrations, and exhibits of the latest products/services for the vascular ultrasound profession.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other program services include Education and Training, Government Relations, and more.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated the Society's and the Foundation's tax positions and concluded that the consolidated financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Related entity revenues, consolidated in financial statements. 17,110.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Related entity expenses, consolidated in financial statements. 7,888.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Carol Dingeldey
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SVU works hard to give its members the professional resources needed to succeed in today's quickly changing world. The Society strives to promote knowledge among ultrasound professionals on current hot topics as well as regulatory and legislative advocacy issues. SVU membership categories: (1) Regular members - Those are 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 maintained a professional credential in vascular technology may hold an 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 are retired from the profession or physically unable to practice in the profession. They pay reduced annual dues, are eligible to vote, and are eligible to serve on committees. (4) Founding members - Those persons who were the original nine founding members of the Society of Non-Invasive Vascular Technology shall become honorary members. (5) Distinguished fellow members - Members who have made outstanding contributions to vascular ultrasound, inspired leadership in SVU, and are selected by the Board to be an SVU member. 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 with at least one physician in the lab.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Regular, honorary, and retired/disabled members all have the power to vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the Form 990 is sent to the members of the governing board or the officers of the governing board for review and discussion before filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3For 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/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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The process includes all of these elements: (1) Review and approval by the Executive Committee of the Foundation Board of Directors, (2) Use of data to comparable compensation, and (3) contemporaneous documentation and recordkeeping. 1. Review and approval - The compensation of the Executive Director is reviewed and approved by the Executive Committee of the SVU Board of Directors. 2. Use of data as to comparable compensation - The compensation of the Executive Director 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization has the policy of evaluating the requests for governing documents, policies, and financial statements prior to granting such requests.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Society for Vascular Ultrasound
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SVU Foundation

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