New Hampshire Medical Society
- Assets
- $302.4k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Concord, NH
- Founding
- 02/1948
- Data as of
- 12/2022
- EIN
- 02-0223176
Organization Overview
New Hampshire Medical Society is located in Concord, NH. The organization was established in 1948. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, New Hampshire Medical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hampshire Medical Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, New Hampshire Medical Society generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING TOGETHER PHYSICIANS TO ADVOCATE FOR THE WELL-BEING OF OUR PATIENTS, FOR OUR PROFESSION, AND FOR THE BETTERMENT OF THE PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BRING TOGETHER PHYSICIANS TO ADVOCATE FOR THE WELL-BEING OF OUR PATIENTS, FOR OUR PROFESSION AND FOR THE BETTERMENT OF THE PUBLIC HEALTH. THE ORGANIZATION HAS APPROXIMATELY 1,600 MEMBERS AND CONDUCTS ABOUT 3 WORKSHOPS PER YEAR, AS WELL AS TRACKING OF CONTINUING MEDICAL EDUCATION CREDITS FOR PHYSICIANS AND FILING REPORTS WITH THE BOARD OF MEDICINE SO PHYSICIAN LICENSES ARE KEPT CURRENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony M Dinizio MD Young Physician Rep | Trustee | 2 | $0 |
Benjamin P Chan MD Phys. Rep. Dhhs | Trustee | 2 | $0 |
Robert C Dewey MD Specialty Society Rep. | Trustee | 2 | $0 |
Dave Hutton Mgma Representative | Trustee | 2 | $0 |
David C Conway MD Phys. Member Of Nh Board O | Trustee | 2 | $0 |
Anthony Mollano MD Specialty Society Rep | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $429,799 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,773 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,572 |
| Total Program Service Revenue | $413,753 |
| Investment income | $162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,547 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,845 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,022,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $276,252 |
| Compensation of current officers, directors, key employees. | $138,127 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $405,315 |
| Pension plan accruals and contributions | $53,308 |
| Other employee benefits | $59,336 |
| Payroll taxes | $50,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,436 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,650 |
| Advertising and promotion | $1,090 |
| Office expenses | $111,033 |
| Information technology | $88,027 |
| Royalties | $0 |
| Occupancy | $46,896 |
| Travel | $16,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,601 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,286 |
| Insurance | $18,057 |
| All other expenses | $4,365 |
| Total functional expenses | $1,339,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,980 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,722 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $142,717 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $302,419 |
| Accounts payable and accrued expenses | $159,422 |
| Grants payable | $0 |
| Deferred revenue | $49,115 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,077 |
| Total liabilities | $273,614 |
| Net assets without donor restrictions | -$5,027 |
| Net assets with donor restrictions | $33,832 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $302,419 |