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  • 2008 Report of the Secretary-Treasurer

  • I am pleased to report that the Society accepted 4,069 new members during the year 2008.

    We annually promote membership in our Society to new radiology residents and medical students. Through this year's promotional efforts 2,983 radiology residents and medical students joined the Society (1,413 new Members-in-training, 1,124 new Corresponding Members-in-training, 92 Fellows, and 354 Medical Students). We are pleased to see the radiologists-in-training and medical students take advantage of the great opportunities offered to them by joining the Society. Members-in-training and medical students do not pay dues, have free access to RSNA online journals and InteractED, are allowed free admission to the RSNA Scientific Assembly and Annual Meeting, and may subscribe to the printed copy of Radiology and RadioGraphics, at a highly subsidized rate.

    RSNA Record of Membership  

      Active Assoc Med Stu MIT Cor.-MIT Emeritus Retired Honorary Corresp RA/RT Totals
    2007 19,440 811 1,082 8,014 3,183 4 4,292 64 4,385 24 41,299
    2008  19,604  909  823  8,260  3,609  0  4,451  66  4,621  39  42,382 
    Net Difference 164 98 -259 246 426 0 159 2 236 15 1,083

     

    I regret to report the passing of the colleagues named below as of October 31, 2008. The Society mourns their deaths, comforted by the knowledge of their many devoted services to the health and well-being of the communities in which they practiced medicine.

    Deceased RSNA Members from 11/1/07 - 10/31/08

    Fidel A. Aguirre, MD, Miami, FL (R58)
    Nathan Arenson, MD, Gulf Breeze, FL (R50)
    Marc A. Asselin, MD, Brossard, QC Canada (R82)
    Michael P. Barry, MD, Westmount, QC Canada (R61)
    Alexander S. Belman, MD, Macungie, PA (R76)
    Arthur F. Bishop, MD, Peoria, IL (M81)
    Paul D. Boschult, MD, Omaha, NE (R73)
    Stephen W. Brown, MD, Augusta, GA (R47)
    Jack A. Brucher, MD, Savannah, GA (R69)
    Joseph D. Calhoun, MD, Little Rock, AR (R51)
    Donald M. Callahan, MD, Harrisonburg, VA (R67)
    Kathran M. Chan, MD, Dayton, OH (M84)
    Sridhar R. Charagundla, MD, PhD, Philadelphia, PA (G00)
    Sergio A. Chavez Lopez, MD, Zacapu, Michoacan Mexico (M99)
    Herbert B. Copeland, MD, Naples, FL (R53)
    Leonard Davis, MD, Sherman Oaks, CA (R61)
    Larry E. De Volld, MD, Canyon Lake, TX (M79)
    Samuel J. Dwyer III, PhD, Charlottesville, VA (A94)
    William D. Eggleston, MD, Toledo, OH (R76)
    Samuel B. Feinberg, MD, Minneapolis, MN (R56)
    Alvin W. Finestone, MD, Clifton Forge, VA (R60)
    Albert P. Fischer, Jr, MD, Sun City Center, FL (R89)
    Henry J. Fox, MD, Fairfield, CT (R58)
    Keith W. Gallehugh, MD, Overland Park, KS (R69)
    Eva L. Gilbertson, MD, Seattle, WA (R48)
    Jerome J. Gleich, MD, Fairfield, IA (M78)
    Melvin A. Golden, MD, Lubbock, TX (M74)
    James R. Guyton, Jr, MD, Lenoir City, TN (R73)
    Robert A. Harris, DO, Dublin, OH (M84)
    Bruce H. Hasegawa, PhD, San Francisco, CA (A89)
    Ernest M. Henken, MD, East Hartford, CT (R58)
    Julius Heydemann, MD, Chiago, IL (R49)
    Martin Hochhauser, MD, Palm City, FL (R64)
    Thure M. Holm, MD, Lund, Sweden (H82)
    Erwin P. Huang, MD, Toronto, ON Canada (R71)
    Sophia C. Johnson, MD, Miami, FL (T05)
    Richard M. Kafka, MD, Alexandria, VA (R53)
    Hitoshi Katayama, MD, Kokubunji City, Tokyo, Japan (H84)
    Thomas Keely, Jr, MD, Tucson, AZ (R56)
    Max C. King, MD, Decatur, GA (R74)
    Vernon V. Kirby, Jr, MD, Forestburg, TX (R64)
    Nelson E. Klamm, MD, Palm Harbor, FL (R57)
    Harvey A. Koolpe, MD, Elkins Park, PA (M91)
    Leonard O. Langer, Jr, MD, Minneapolis, MN (R69)
    Charles D. Le Neave, MD, Mayfield, KY (R68)
    Steven A. Leibel, MD, Stanford, CA (M99)
    Wolfe Light, MD, Montreal, QC Canada (R52)
    Robert L. Lindsay, MD, DDS, Knoxville, TN (M92)
    Paul Loewe, MD, Mexico, DF Mexico (R54)
    John H. Lohnes, MD, Cedar Rapids, IA (R65)
    Steven C. Malchow, MD, Scottsdale, AZ (M94)
    Frank H. Marek, MD, Lake Charles, LA (R48)
    John G. McAfee, MD, Chevy Chase, MD (M56)
    M. Donald Merrill, MD, Saint George, UT (R63)
    Abdul-Halim Mheir, MD, Outremont, QC Canada (R72)
    J. Thomas Miller, Jr, MD, Markle, IN (R76)
    Warren A. Nafis, MD, Glendora, CA (R66)
    Elise M. Neeld, MD, Nevis, MN (R72)
    Robert E. Paul, Jr, MD, Northborough, MA (R66)
    Henry P. Pendergrass, MD, Gladwyne, PA (R57)
    Harvey Picker, Camden, ME (H97)
    Mario P. Pliego, MD, Bloomington, MN (R81)
    James A. Pollock, MD, Sacramento, CA (R79)
    Walter E. Powers, MD, Des Plaines, IL (R69)
    Ernest H. Price, MD, San Diego, CA (R55)
    John E. Prominski, MD, Arlington, VA (R64)
    Robert S. Richards, MD, Marblehead, MA (R64)
    Charles H. Robinson, MD, El Paso, TX (R71)
    David L. Robinson, MD, Tyler, TX (R79)
    Wayne D. Ross, MD, Chestnut Hill, MA (R59)
    Joel F. Sammet, MD, Highland Park, IL (R48)
    James A. Schelble, MD, Milwaukee, WI (R57)
    Ralph Schlaeger, MD, New York, NY (R56)
    Alvin D. Sears, MD, Dallas, TX (R62)
    William R. Seibold, Jr, MD, Texarkana, TX (R63)
    Janina Sekowski, MD, Rego Park, NY (R83)
    Avishai W. Shapiro, MD, Lexington, MA (M91)
    Eugene B. Sharpe, MD, Asheville, NC (R70)
    Jason Sheehan, MBBCh, Toledo, OH (T06)
    Lester D. Shook, MD, Fargo, ND (R52)
    Stanley W. Siegler, MD, Sea Girt, NJ (R64)
    John D. Stevenson, MD, West Vancouver, BC Canada (R56)
    Karen J. Stuck, MD, Northville, MI (M78)
    Eldred B. Teague, MD, Birmingham, AL (R49)
    Weawdao Techawattanakul, MD, Chiengrai, Thailand (C04)
    Mark A. Vasa, MD, Brockton, MA (M02)
    F. Robert Walch, MD, Sarasota, FL (R70)
    Sheldon Waldman, MD, Pompano Beach, FL (R80)
    Orliss Wildermuth, MD, Seattle, WA (R55)
    Richard D. Wolfe, MD, Fairfield, CA (R79)
    Brian S. Worthington, MD, Derbyshire, United Kingdom (H89)

    Financial Statements

    The financial statements for the fiscal year ended June 30, 2005, reflect positive earnings for the Society.

    For the fourth straight year the RSNA has experienced financial growth due to controlling its expenses and maintaining its revenue sources. In addition, the Society's investment portfolios had positive returns. This is especially important for the Society's Research and Education Foundation, as its ability to fund grants is directly impacted by the return on investments. The continue financial growth of the Society has helped increase its reserves, which helps protect the RSNA from any significant economic downturns and provides available funds for future programs and initiatives.

    KPMG LLP completed its annual audit of the Society's financial statements issuing an unqualified opinion, indicating that KPMG LLP found no material differences to the financial information presented in the Society's year-end financial statements. In addition, KPMG LLP indicated to the Audit Committee that it did not find any material weaknesses in the Society's internal accounting procedures.

    The following Balance Sheet and Statement of Activities have been condensed from the year-end audit report prepared by KPMG LLP, as of June 30, 2005. The detailed audited report is kept on file at the RSNA's headquarters: Radiological Society of North America, 820 Jorie Boulevard, Oak Brook, IL 60523. It is available for review there by members of the RSNA. 

    Statement of Financial Position  
    June 30, 2008 
    ASSETS  
    Cash and Short-Term Investments $5,509,214
    Receivables and Other Current Assets 4,058,301
    Long-Term Investments 73,433,161
    Property, Furniture and Equipment 22,687,258
    Total Assets  $105,687,934  
     
    Liabilities and Net Assets 
    Accounts Payable and Short-Term Debt $2,036,473
    Deferred Revenue 11,561,887
    Long-Term Debt and Other Long-Term Liabilities 8,701,205
    Net Assets:
      Unrestricted:
          Undesignated 36,546,298
          Designated-Research and Education Foundation 27,889,857
      Restricted:
          Temporarily restricted 2,650,238
          Permanently restricted 16,301,976
    Total net assets 83,388,369
    Total Liabilities and Net Assets
     
    $105,687,934
     
       
    Statement of Activities 
    Year ending June 30, 2008  
    REVENUE  
    Membership Services $4,632,364
    Publications and Educational Materials 11,224,030
    Annual Scientific Assembly 25,119,082
    Investment Earnings 4,454,680
    Contributions 4,129,383
    Total Revenue   $49,559,539  

     
    EXPENSES 
    Membership Services $4,784,148
    Publications and Educational Materials 16,847,914
    Annual Scientific Assembly 14,623,225
    Research and Education Foundation 3,178,255
    Depreciation 908,480
    Total Expenses   $40,342,022  
     
    Increase in net assets before unrealized gain (loss) on investments $9,217,517
    Unrealized gain (loss) on valuation of investments and interest rate swap -6,503,793
     
    Increase in Net Assets  $2,713,724  
    Net Assets at beginning of year   80,674,645 
    Net Assets at end of year  $83,388,369  

     

     Total_Revenue_pie_chart_2008_1.gif 

     Total_Expenses_pie_chart_2008_2.gif 

    Gary J. Becker, MD Secretary-Treasurer

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Discounted Dues: Eligible North American Countries 
Belize
Costa Rica
Dominican Republic
El Salvador
Grenada
Guatamala
Haiti
Honduras
Jamaica
Netherlands Antilles
Nicaragua
Panama
St.Lucia
St. Vincent & Grenadines
Country    Country    Country 
Afghanistan   Grenada   Pakistan
Albania   Guatemala   Papua New Guinea
Algeria   Guinea   Paraguay
Angola   Guinea-Bissau   Peru
Armenia   Guyana   Phillippines
Azerbaijan   Haiti   Rwanda
Bangladesh   Honduras   Samoa
Belarus   India   Sao Tome & Principe
Belize   Indonesia   Senegal
Benin   Iran   Serbia
Bhutan   Iraq   Sierra Leone
Bolivia   Jordan   Solomon Islands
Bosnia & Herzegovina   Jamaica   Somalia
Botswana   Kenya   South Africa
Bulgaria   Kiribati   South Sudan
Burkina Faso   Korea, Dem Rep (North)   Sri Lanka
Burundi   Kosovo   St Lucia
Cambodia   Kyrgyzstan   St Vincent & Grenadines
Cameroon   Laos\Lao PDR   Sudan
Cape Verde   Lesotho   Swaziland
Central African Republic   Liberia   Syria
Chad   Macedonia   Tajikistan
China   Madagascar   Tanzania
Colombia   Malawi   Thailand
Comoros   Maldives   Timor-Leste
Congo, Dem. Rep.   Mali   Togo
Congo, Republic of   Marshall Islands   Tonga
Cote d'Ivoire   Mauritania   Tunisia
Djibouti   Micronesia, Fed. Sts.   Turkmenistan
Dominica   Moldova   Tuvalu
Domicican Republic   Mongolia   Uganda
Ecuador   Montenegro   Ukraine
Egypt   Morocco   Uzbekistan
El Salvador   Mozambique   Vanuatu
Eritrea   Myanmar   Vietnam
Ethiopia   Namibia   West Bank & Gaza
Fiji   Nepal   Yemen
Gambia, The   Nicaragua   Zambia
Georgia   Niger   Zimbabwe
Ghana   Nigeria    

Legacy Collection 2
Radiology Logo
RadioGraphics Logo 
Tier 1

  • Bed count: 1-400
  • Associate College: Community, Technical, Further Education (UK), Tribal College
  • Community Public Library (small scale): general reference public library, museum, non-profit administration office

Tier 2

  • Bed count: 401-750
  • Baccalaureate College or University: Bachelor's is the highest degree offered
  • Master's College or University: Master's is the highest degree offered
  • Special Focus Institution: theological seminaries, Bible colleges, engineering, technological, business, management, art, music, design, law

Tier 3

  • Bedcount: 751-1,000
  • Research University: high or very high research activity without affiliated medical school
  • Health Profession School: non-medical, but health focused

Tier 4

  • Bed count: 1,001 +
  • Medical School: research universities with medical school, including medical centers

Tier 5

  • Consortia: academic, medical libraries, affiliated hospitals, regional libraries and other networks
  • Corporate
  • Government Agency and Ministry
  • Hospital System
  • Private Practice
  • Research Institute: government and non-government health research
  • State or National Public Library
  • Professional Society: trade unions, industry trade association, lobbying organization