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  • About RSNA
  • 2004 Report of the Secretary-Treasurer

  • I am pleased to report that the Society accepted 3,403 new members during 2004.

    We annually promote membership in our Society to new radiology residents and medical students. Through this year's promotional efforts 2,543 radiology residents and medical students joined the Society (1,314 new Members-in-Training, 774 new Corresponding Members-in-Training, 119 Fellows and 336 Medical Students). We are pleased to see these 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 Totals
    2003 18,385 1,222 440 5,683 1,541 4 3,868 57 3,965 35,165
    2004  18,565  1,069  666  6,593  1,943  4  3,962  61  4,037  36,900 
    Net Difference 180 -153 226 910 402 0 94 4 72 1,735

    In 2004, four Counselors retired from their positions and each nominated an individual to be considered as their successors in 2005. The new Counselors were approved at the September meeting of the RSNA Board of Directors.

    I regret to report the passing of the colleagues named below as of October 31, 2004. The Society mourns their deaths, comforted by the knowledge of their many devoted services to the health and wellbeing of the communities in which they practiced medicine.

    Deceased RSNA Members from 11/1/03 - 10/31/04  
    R58 Ralph Melvin Adams, B.A., Loma Linda, Calif.
    R47 Gilbert H. Alexander, M.D., Durham, N.C.
    R67 Charles W. Anderson, M.D., Pine Bluff, Ark.
    A84 R. D. Anderson, M.D., Beaumont, Texas
    R71 Dallas D. Anthony Jr., M.D., Springfield, Mo.
    M94 Alan W. Babcock, M.D., Cedarburg, Wisc.
    M84 Alan R. Belknap, M.D., Butte, Mont.
    R58 Roger M. Berg, M.D., Bismarck, N.D.
    R58 Carroll Z. Berman, M.D., Surfside, Fla.
    R61 Robert P. Boudreau, M.D., Skaneateles, N.Y.
    C85 Jochen Breunsbach, M.D., Koeln, Germany
    R48 Jules H. Bromberg, M.D., Maplewood, N.J.
    M86 Robert William Burt, M.D., Indianapolis, Ind.
    R58 Richard Young Card, M.D., Salt Lake City, Utah
    R84 Prem C. Chandnani, M.D., Toledo, Ohio
    M75 Stephan John Cisternino, M.D., Bethesda, Md.
    R70 John Patton Clements, M.D., Milton, Vt.
    R59 Arthur Reid Clemett, M.D., Port Washington, N.Y.
    R49 John A. Cocke, M.D., Virginia Beach , Va.
    R54 John Ballinger Coleman, M.D., Minneapolis, Minn.
    R52 George A. Collodi, M.D., Taylorville, Ill.
    R56 Laurence P. Concannon, M.D., Oak Brook, Ill.
    R70 Arthur J. Copeland Jr., M.D., Atlanta, Ga.
    R48 William Shepley Curtis, M.D., Boulder, Colo.
    R75 Gerald E. Davis, M.D., Halifax, Nova Scotia
    M98 Luc Desharnais, M.D., Westmount, Quebec
    M72 Andrei S. Dragomer, M.D., Munster, Ind.
    R50 Paul W. Eyler, M.D., Lancaster, Pa.
    R73 James Thomas Farrar, M.D., Clarksville, Tenn.
    C94 Richard Farrow, M.D., Cornwall, U.K.
    R68 Carl J. Ferber, M.D., Fort Myers, Fla.
    M70 Carlos Fernandez-Pena, M.D., Elyria, Ohio
    R42 Archie Fine, M.D., Cincinnati, Ohio
    R48 James M. Foerster, M.D., Wausau, Wisc.
    M74 Emil Garnil, M.D., Portland, Texas
    M83 Alfred L. Goldson, M.D., Washington, D.C.
    M55 Bela Gondos, M.D., Chevy Chase, Md.
    R55 William A. Goodrich Jr., M.D., Baytown, Texas
    R60 Charles R. Green, M.D., Aiken, S.C.
    M60 Richard H. Greenspan, M.D., New Haven, Conn.
    M76 Jack O. Haller, M.D., Teaneck, N.J.
    R81 C. Lee Harris, M.D., Santa Ana, Calif.
    R75 Donald R. Harris, D.O., Dayton, Ohio
    R63 Clarence J. Hickerty, M.D., Edmonton, Alberta
    R77 Leslie D. Hobgood, M.D., Baton Rouge, La.
    R48 Floyd K. Hurt, M.D., Jacksonville, Fla.
    R74 William B. Hutchinson, M.D., Saint Louis, Mo.
    R60 George G. Innocent, M.D., Citrus Heights, Calif.
    R62 Dean B. Jones, M.D., San Antonio, Texas
    R70 John O. Judge, M.D., Seattle, Wash.
    R64 Gerard J. Kelly, M.D., Omaha, Neb.
    R70 Walter Joseph Kuebler II, M.D., Bowling Green, Ky.
    R61 Robert S. Landauer Jr., M.D., Sarasota, Fla.
    R50 Lewis R. Lawrence, M.D., Bellerose, N.Y.
    R56 Emery O. Lewis, M.D., North Dartmouth, Mass.
    R56 Ji Toong Ling, M.D., Louisville, Ky.
    C98 Jose Luis Pessoa Lucena E Valle, M.D., Viseu, Portugal
    R63 Ronald Royce Lund, M.D., Casper, Wyo.
    R62 Willard Machle Jr., M.D., New Bern, N.C.
    R67 Frank E. Maddison, M.D., Elm Grove, Wisc.
    M79 Hywel Madoc-Jones, M.D., Foxboro, Mass.
    R55 Haven Winslow Mankin, M.D., Oklahoma City, Okla.
    R51 G. Prentiss McArdle , M.D., Omaha, Neb.
    R66 Wallace M. McBride, M.D., Crowley, La.
    M85 Thomas A. McCook , M.D., Shreveport, La.
    M86 Steve J. Miller, M.D., Edina, Minn.
    R70 Howard J. Mindell, M.D., Shelburne, Vt.
    R76 W. Raymond Mize Jr., M.D., Washington, D.C.
    M54 Richard Dixon Moore, M.D., Honolulu, Hawaii
    C88 Edward Louis Mooyaart, M.D., Ph.D., H Landstichting, the Netherlands
    C90 Ernst P. G. Neumann, M.D., Koeln, Germany
    M00 John Chukudi Odita, M.B.B.S., Shreveport, La.
    R53 William Clinton Owsley Jr., M.D., Bedford, Texas
    R62 Victor A. Panaro, M.D., Amherst, N.Y.
    C86 Yang-Hee Park, M.D., Seoul, Republic of Korea
    R49 William H. Pfisterer, M.D., Brea, Calif.
    R77 Jan Karol Pieczka, M.D., Edmond, Okla.
    R70 Steven M. Pinsky, M.D., Highland Park, Ill.
    R55 Melvin Jack Powell, M.D., Fort Wayne, Ind.
    M76 David D. Reed, M.D., Wichita, Kan.
    R73 Carlos J. Reynes, M.D., Palos Heights, Ill.
    M51 Sava M. Roberts, M.D., Augusta, Ga.
    R75 Floyd Walter Rosdahl, D.O., Skiatook, Okla.
    M86 Michael R. Ross, M.D., Hillsborough, Calif.
    R57 Joseph C. Rush, M.D., Saint Petersburg, Fla.
    M79 Robert M. Ryan, M.D., Barrington, R.I.
    R78 Victor Sayegh, M.D., Montreal, Quebec
    R73 Gerhard T. Schmunk, M.D., Aurora, Colo.
    M89 Kristina Schwensen, D.V.M., Fitchburg, Wisc.
    R53 William B. Seaman, M.D., Jupiter, Fla.
    R67 Michael A. Senikowich, M.D., Fullerton, Calif.
    R72 Donald W. S. Stiff, M.D., Bellingham, Wash.
    M61 James Joseph Stovin, M.D., New York, N.Y.
    M70 James Stewart Strong, M.D., Greenville, S.C.
    R60 John M. Tanner, M.D., Nashville, Tenn.
    R55 Wayne K. Tice, M.D., Lees Summit, Mo.
    M75 Margaret A. Tipton, M.D., Baltimore, Md.
    R78 Frances B. Toomey, M.D., San Juan Capistrano, Calif.
    R60 Gene J. Triano, M.D., New Cumberland, Pa.
    R49 Francis O. Trotter Jr., M.D., Saint Louis, Mo.
    M84 Peter E. Valk, M.D., Sacramento, Calif.
    C89 Theodoros E. Vrakatselis, M.D., Athens, Greece
    M82 Carl J. Vyborny, M.D., Ph.D., La Grange, Ill.
    R63 Paul L. Webster , M.D., West Lafayette, Ind.
    R51 Paul O. Wells, M.D., Lexington, Ky.
    R65 Jack Lawrence Westcott, M.D., Brandford, Conn.
    R63 Ernest A. Zinke, M.D., Lakeport, Calif.
    R84 Donald L. Zinkon, D.O., Haines City, Fla.
    R69 George Frederic Zwicky Jr., M.D., Peoria, Ill.

    Financial Statements  

    The financial statements for the fiscal year ended June 30, 2004, reflect positive earnings for the Society.

    For the third straight year RSNA has experienced financial growth due to maintaining its revenue sources and controlling its expenses. In addition, the Society's investment portfolios experienced positive growth. This is especially important for the Society's Research & Education Foundation, as its ability to fund grants is directly impacted by the return on investments. The continue financial growth of the Society has help 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 Treasurer 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, 2004. The detailed audited report is kept on file at the RSNA's headquarters: Radiological Society of North America, 820 Jorie Blvd, Oak Brook, IL 60523. It is available for review there by members of the RSNA.

    Statement of Financial Position  
    June 30, 2004 
    Cash and Short-Term Investments $6,475,545
    Receivables and Other Current Assets 3,044,206
    Long-Term Investments 42,116,415
    Property, Furniture and Equipment 21,556,446
    Total Assets  $73,192,612

    Liabilities and Fund Balance 
    Accounts Payable and Short-Term Debt $1,816,911
    Deferred Revenue 9,067,202
    Long-Term Debt and Other Long-Term Liabilities 12,377,853
    Net Assets:
          Undesignated 18,875,814
          Designated-Research and Education Foundation 17,070,756
          Temporarily restricted 2,614,100
          Permanently restricted 11,369,976
    Total net assets 49,930,646
    Total Liabilities and Net Assets  $73,192,612  

    Statement of Activities 
    Year ending June 30, 2004 
    Membership Services $4,301,497
    Publications and Educational Materials 9,974,406
    Annual Scientific Assembly 19,078,466
    Investment Earnings 1,586,717
    Contributions 2,138,466
    Total Operating Revenues  $37,079,552  
    Membership Services $2,382,054
    Publications and Educational Materials 12,008,425
    Annual Scientific Assembly 13,634,257
    Research and Education Foundation 2,641,853
    Depreciation 1,341,816
    Total Operating Expenses  $32,008,405  
    Excess of operating revenue over operating expenses $5,071,147
    Non operating:
      Special exhibit contributions 32,897
      Special exhibit expenses 0
    Increase in net assets before unrealized gain (loss) loss on investments $5,104,044
    Unrealized gain (loss) on valuation of investments and interest rate swap 4,435,577
    Increase in Net Assets  $9,539,621  
    Net Assets at beginning of year   40,391,025 
    Net Assets at end of year  $49,930,646  

    David H. Hussey, M.D.

    David H. Hussey, M.D. 2004 Secretary-Treasurer