Massachusetts Dental Society
- Assets
- $16.2m
- Revenue
- $7.8m
- Investments
- $368.0k
- Employees
- 47
- Location
- Southborough, MA
- Founding
- 10/1947
- Data as of
- 06/2022
- EIN
- 04-1590155
Organization Overview
Massachusetts Dental Society is located in Southborough, MA. The organization was established in 1947. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2022, Massachusetts Dental Society employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Dental 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 06/2022, Massachusetts Dental Society generated $7.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. 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
EMPOWERING DENTAL HEALTH PROFESSIONALS THROUGHOUT THEIR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWERING DENTAL HEALTH PROFESSIONALS THROUGHOUT THEIR CAREERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Monteiro Executive Director | Officer | 35 | $229,273 |
Kathleen Boyce Former Cfo/coo | Officer | 35 | $168,747 |
Ellen Factor Managing Director Of Practice And Membership | 35 | $116,984 | |
Shannon Mccarthy Managing Director Of Sales | 35 | $110,250 | |
Dr Meredith A Bailey President | OfficerTrustee | 4 | $0 |
Dr Maryjane Hanlon Immediate Past President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boston Convention And Exhibition Center Conference / Event | 6/29/22 | $186,219 |
Levy Restaurants Food Services | 6/29/22 | $233,909 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $657,773 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $657,773 |
| Total Program Service Revenue | $6,222,472 |
| Investment income | $104,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $271,836 |
| Net Rental Income | $57,055 |
| Net Gain/Loss on Asset Sales | $286,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,845,632 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,925 |
| 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. | $319,115 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,148,811 |
| Pension plan accruals and contributions | $71,180 |
| Other employee benefits | $261,196 |
| Payroll taxes | $189,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,968 |
| Fees for services: Accounting | $69,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $191,226 |
| Information technology | $185,062 |
| Royalties | $0 |
| Occupancy | $92,910 |
| Travel | $2,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,937,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,674 |
| Insurance | $26,679 |
| All other expenses | $0 |
| Total functional expenses | $6,857,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,556,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,316,619 |
| 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 | $402,880 |
| Net Land, buildings, and equipment | $4,415,483 |
| Investments—publicly traded securities | $5,147,113 |
| Investments—other securities | $367,967 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,206,849 |
| Accounts payable and accrued expenses | $2,586,220 |
| Grants payable | $0 |
| Deferred revenue | $2,669,867 |
| 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 | $813,818 |
| Total liabilities | $6,069,905 |
| Net assets without donor restrictions | $10,136,944 |
| Net assets with donor restrictions | $0 |
| 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 | $16,206,849 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Massachusetts Dental Society has recieved totaling $158,505.
| Awarding Organization | Amount |
|---|---|
American Dental Association Chicago, IL PURPOSE: public support | $158,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Health & Hospital Assoc Inc Burlington, MA | $18,521,791 | $10,974,960 |
N H C C Medical Associates Inc Newport, RI | $442,975 | $8,120,804 |
Connecticut Hospital Association Inc & Affiliates Wallingford, CT | $20,376,618 | $10,735,493 |
Massachusetts Dental Society Southborough, MA | $16,206,849 | $7,845,632 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
Coastal Medical Associates Inc South Weymouth, MA | $4,039,266 | $5,719,679 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |
Massachusetts Senior Care Association Inc Easton, MA | $2,585,686 | $3,605,157 |
National Student Nurses Association Brooklyn, NY | $3,483,994 | $2,719,643 |
Oset Inc Stamford, CT | $2,647,627 | $3,136,754 |
Anticoagulation Forum Inc Newton Highlands, MA | $4,432,345 | $2,421,273 |