I am pleased to report that RSNA membership has again reached a new record level. In 2009, the Society welcomed 4,652 new members.
As always, new radiology residents and medical students make up key segments of our membership. As a result of various promotional efforts over the past year, 3,388 radiology residents and medical students joined RSNA (1,777 new Members-in-training, 1,133 new Corresponding Members-in-training, 130 Fellows, and 348 Medical Students).
The members of our Board of Directors are pleased to see our specialty’s future leaders taking advantage of the great opportunities offered to them through RSNA membership. Members-in-Training and medical students do not pay dues, have free access to RSNA benefits such as online journals, InteractED® and myRSNA®, are allowed free admission to the RSNA Scientific Assembly and Annual Meeting, and may subscribe to the print versions of Radiology and RadioGraphics, at a highly subsidized rate.
RSNA Record of Membership
|
Active |
Assoc |
Med Stu |
MIT |
Cor.-MIT |
Retired |
Honorary |
Corresp |
Totals |
| 2008 |
19,604 |
948 |
823 |
8,260 |
3,609 |
4,451 |
66 |
4,621 |
42,382 |
| 2009 |
19,498 |
1,371 |
918 |
8,922 |
3,824 |
4,553 |
65 |
4,967 |
44,118 |
| Net Difference |
-106 |
423 |
95 |
662 |
215 |
102 |
-1 |
346 |
1,736 |
I regret to report the passing of the colleagues named below, whose deaths were reported to RSNA between November 1, 2008 to October 31, 2009. We mourn their loss and honor their service to the health and well-being of the communities in which they practiced.
Deceased RSNA Members from 11/1/08 - 10/31/09
Norman Ackerman, DVM, Huntsville, AL (M79)
John W. Alden, MD, Greenville, DE (R50)
Aubrey M. Alexander, Jr, MD, Alexandria, LA (R75)
B. Bruce Alicandri, MD, Venice, FL (R51)
David H. Allen, MD, Wichita Falls, TX (R56)
Jon A. Anderson, MD, Billings, MT (R67)
John T. Baggerly, Jr, MD, Danville, VA (R66)
Hillier L. Baker, Jr, MD, Rochester, MN (RP57)
Werner A. Bautz, MD, Erlangen, Germany (M85)
Carr E. Bentel, MD, San Francisco, CA (R42)
Henry S. Berkan, MD, Floral Park, NY (R56)
Phillip M. Berman, MD, Coronado, CA (R82)
Rocco P. Bevilacqua, MD, New York, NY (R65)
Henry C. Blount, Jr, MD, Yellow Springs, OH (R55)
William V. Bradshaw, MD, Fort Worth, TX (R72)
Robert C. Brown, MD, Iowa City, IA (R72)
Thomas J. Burnett, MD, Charlotte, NC (R57)
Robert I. Burns, MD, Fort Dodge, IA (R63)
Edwin D. Cacayorin, MD, Spring, TX (M97)
George W. Calvosa, MD, Darien, CT (R74)
Christopher W. Canino, MD, Aldan, PA (R58)
Vlastimil Capek, MD, The Dalles, OR (R71)
Jack E. Carlisle, MD, Shreveport, LA (R65)
William D. Cheney, MD, Lansing, MI (R51)
Antonio Chiesa, MD, Vicenza, VI, Italy (H86)
William A. Covell, MD, Pensacola, FL (R80)
H. Joseph Cronin, MD, Indianapolis, IN (R65)
Valmore F. Cross, MD, Sheffield, MA (R76)
James H. Cuykendall, MD, Albuquerque, NM (R55)
Paul M. Dassel, MD, Inverness, FL (R55)
Sheila D. Davis, MD, Scarsdale, NY (M85)
Edward De Feo, MD, Schenectady, NY (R53)
John N. Diaconis, MD, Timonium, MD (M74)
George Du Boulay, CBE, Cambridgeshire, United Kingdom (H88)
John D. Duncan, MD, Fayetteville, NC (M03)
Hugo F. Elmendorf, Jr, MD, San Antonio, TX (R82)
Karl H. Falkenbach, MD, Encino, CA (M62)
Arnold Feldman, PhD, Peoria, IL (R61)
Donald W. Fink, MD, Englewood, CO (R71)
Joseph L. Fisher, MD, Saint Joseph, MO (R57)
William M. Flowers, Jr, MD, Jackson, MS (M67)
Gary R. Forsberg, DO, Sierra Vista, AZ (M80)
Lynn E. Frink, MD, Brownsville, CA (R79)
Peggy J. Fritzsche, MD, Loma Linda, CA (RP78)
Vincent J. Galante, MD, Westchester, IL (R50)
Gordon Gamsu, MD, New York, NY (R79)
Mohammod A. Ghuman, MD, Loudonville, NY (R85)
Richard B. Gordon, MD, Scarsdale, NY (R79)
Krishnakumar Gowda, MBBS, Dartford, Kent, United Kingdom (T07)
Michael T. Grauer, MD, Phoenix, AZ (M98)
R. Vincent Grieco, MD, Manhasset, NY (R53)
Harold F. Hagan, MD, Anaconda, MT (R57)
Irving J. Haiman, DO, Rancho Mirage, CA (R76)
Marvin E. Haskin, MD, Bryn Mawr, PA (R71)
Surjit E. Hermon, MD, Sterling, IL (M77)
Ronald E. Herson, MD, Van Nuys, CA (R65)
Colin B. Holman, MD, Mercer Island, WA (R49)
Edwin L. Hoot, MD, Greeley, CO (R70)
Brahm B. Hyams, MD, Montreal, QC, Canada (M71)
Arno L. Jensen, MD, Charles City, IA (R75)
William C. Jensen, MD, Leawood, KS (R82)
Joseph R. John, MD, Pensacola, FL (R66)
John H. Juhl, MD, Austin, TX (R53)
Reuben D. Knopf, MD, Roanoke, VA (R64)
Alexander Kovac, MD, Pecos, TX (M80)
Henry M. Le Bost, MD, Palm Desert, CA (R65)
Edwin J. Liebner, MD, River Forest, IL (R58)
Walter M. Little, MD, Port Carling, ON, Canada (R68)
Henry J. Llewellyn, MD, Boston, MA (R77)
Leon Love, MD, Glencoe, IL (R57)
Henry R. Martenstyn, MD, Truro, NS, Canada (R69)
John H. Maus, MD, Windsor, ON, Canada (R50)
Henry L. McClintock, Jr, MD, West Bath, ME (M78)
John R. McGreevey, MD, Huntingdon Valley, PA (R84)
Harry Z. Mellins, MD, New York, NY (R59)
Gerald J. Miller, MD, La Crosse, WI (R75)
Maurice J. Murphy, MD, Denver, IA (R66)
Virgiliu G Necula, MD, Fresh Meadows, NY (R85)
James M. Neill, MD, Sarasota, FL (R62)
Martin Nissel, MD, Eugene, OR (R62)
Frederick R. Oyer, MD, Ontario, OR (M78)
Robert J. Paul, MD, Jacksonville, FL (R78)
Seymour Piwoz, MD, Elkins Park, PA (R74)
George T. Proctor, MD, Nashville, TN (R60)
Mary Ann Radkowski, MD, Tabernash, CO (R80)
Sanford Reitman, MD, Arlington, TX (R64)
Robert R. Roper, MD, Birmingham, AL (R66)
E.K. Rose, MD, Napa, CA (R50)
J.M. Sanchez-Perez, MD, Mexico City, DF, Mexico (H72)
James S. Sargent, MD, Arlington, TX (M76)
Chester A. Shadle, MD, Bethlehem, PA (M00)
Jerome H. Shapiro, MD, Boston, MA (Ru56)
Leo Sheiner, DO, Bloomfield Hills, MI (R76)
O.D. Silverstein, MD, Bloomfield Hills, MI (M81)
Robert A. Songe, MD, Milford, MI (R71)
Edward V. Staab, MD, Winston-Salem, NC (R70)
Harry H. Steinmeyer, Jr, MD, Berwyn, PA (R58)
Hal B. Stewart, MD, Bakersfield, CA (R53)
Michael W. Tanksley, MD, Fort Wayne, IN (M96)
Richard N. Todd, MD, Vallejo, CA (R62)
Humberto B. Valdes, MD, PhD, Oakland, FL (R88)
William D. Wehunt, MD, Rockville, MD (M81)
Albert Weinshelbaum, MD, Martinez, CA (R62)
Steven Weitz, DO, Northville, MI (M06)
Arthur J. Wendth, Jr, MD, Delmar, NY (R66)
Frank E. Wheatley, Ormond Beach, FL (R53)
Thomas B. Williams, MD, Lubbock, TX (R67)
Peter F. Winter, MD, Sun City, AZ (R76)
Roland G. Wintzinger, MD, Cincinnati, OH (R56)
David C. Wright, MD, Longview, WA (M87)
En-Hui Wu, MD, Tianjin, China (H88)
Donald C. Young, MD, Polk City, IA (R71)
Financial Statements
Although financial statements for the fiscal year ending June 30, 2009, reflect an overall loss due to the downturn in the economy, the Society remains financially sound. The RSNA Board of Directors adheres to its investment policy guidelines and continually monitors the portfolio’s performance.
Despite losses in RSNA’s long-term investment portfolios, the Research & Education Foundation was able to fund grants in excess of $1.8 million. Excluding investment losses, overall earnings were positive.
Wolf & Company LLP completed its annual audit of the Society's financial statements issuing an unqualified opinion, indicating that Wolf & Company LLP found no material difference in the financial information presented in the Society's year-end financial statements. In addition, Wolf & Company 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 Wolf & Company LLP, as of June 30, 2009. 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 RSNA members.
Hedvig Hricak, M.D., Ph.D., Dr. h.c.
Secretary-Treasurer
| ASSETS |
| Cash and Short-Term Investments |
$7,287,762 |
| Receivables and Other Current Assets |
3,680,592 |
| Long-Term Investments |
62,718,262 |
| Property, Furniture and Equipment |
22,109,303 |
Total Assets |
$95,795,919 |
|
| Liabilities and Net Assets |
| Accounts Payable and Short-Term Debt |
$2,380,737 |
| Deferred Revenue |
11,846,516 |
| Long-Term Debt and Other Long-Term Liabilities |
7,730,108 |
| Net Assets: |
| Unrestricted: |
| Undesignated |
32,915,483 |
| Designated-Research and Education Foundation |
23,560,387 |
| Restricted: |
| Temporarily restricted |
25,712 |
| Permanently restricted |
17,336,976 |
| Total net assets |
73,838,557 |
Total Liabilities and Net Assets |
$95,795,919 |
|
|
| Statement of Activities |
| Year ending June 30, 2009 |
| REVENUE |
| Membership Services |
$4,825,244 |
| Publications and Educational Materials |
11,465,342 |
| Annual Scientific Assembly |
24,599,781 |
| Investment Earnings |
-3,574,245 |
| Contributions |
2,565,684 |
Total Revenue |
$39,881,806 |
|
| EXPENSES |
| Membership Services |
$5,078,901 |
| Publications and Educational Materials |
16,914,065 |
| Annual Scientific Assembly |
15,600,778 |
| Research and Education Foundation |
3,223,721 |
| Depreciation |
964,741 |
Total Expenses |
$41,782,206 |
|
| Decrease in net assets before unrealized gain (loss) on investments |
($1,900,400) |
| Unrealized gain (loss) on valuation of investments and interest rate swap |
-7,649,411 |
|
Decrease in Net Assets |
($9,549,811) |
Net Assets at beginning of year |
83,388,369 |
Net Assets at end of year |
$73,838,558 |