Vermont Medical Society

Organization Overview

Vermont Medical Society is located in Montpelier, VT. The organization was established in 1938. 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 12/2021, Vermont Medical Society employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont 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 12/2021, Vermont Medical Society generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $739.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O "MISSION"

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SERVE THE PUBLIC BY FACILITATING AND ENHANCING PHYSICIANS' INDIVIDUAL AND COLLECTIVE COMMITMENTS, CAPABILITIES AND EFFORTS TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF VERMONT.


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Board, Officers & Key Employees

Name (title)Compensation
Jessa Barnard
Executive Director
$117,605
Simha Ravven
President
$0
Ryan Sexton
President Elect
$0
Rebecca Bell
Vice President
$0
Howard Schapiro
Secretary/treasurer
$0
Catherine Schneider
Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $96,758
All other contributions, gifts, grants, and similar amounts not included above$49,280
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$146,038
Total Program Service Revenue$718,687
Investment income $67,526
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,600
Net Gain/Loss on Asset Sales $72,292
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,020,057

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Vermont Medical Society has recieved totaling $7,250.

Awarding OrganizationAmount
Mary Hitchcock Memorial Hospital

Lebanon, NH

PURPOSE: PROGRAM SUPPORT

$7,000
Redwall Foundation Inc

Burlington, VT

PURPOSE: MEDICAL RESEARCH

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$697,954
Earnings$88,691
Admin Expense$5,506
Ending Balance$781,139

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