Indian Medical Associates Of New England Inc
- Assets
- $290.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 04-2681654
Organization Overview
Indian Medical Associates Of New England Inc is located in Waltham, MA. The organization was established in 1982. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Medical Associates Of New England Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Indian Medical Associates Of New England Inc generated $20.8k 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 (9.9%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ADVANCEMENT AND EDUCATION OF INDIAN MEDICAL PROFESSIONALS IN NEW ENGLAND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Akash Patel MD President | 3 | $0 | |
Dhrumil Shah MD President Elect | 3 | $0 | |
Shikha Merchia MD Secretary | 3 | $0 | |
Deepa Jhaveri Treasurer | 3 | $0 | |
Mohini Malhotra MD Member At Large | 3 | $0 | |
Sanjay Aurora MD Member At Large | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,900 |
| Investment income | $3,856 |
| Gain or Loss | $3,064 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,820 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,235 |
| Other expenses | $28,453 |
| Total expenses | $29,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $290,462 |
| Other assets | $0 |
| Total assets | $290,462 |
| Total liabilities | $0 |
| Net assets or fund balances | $290,462 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indian Medical Associates Of New England Inc has recieved totaling $15,100.
| Awarding Organization | Amount |
|---|---|
Goyal Family Charitable Foundation Inc Natick, MA PURPOSE: EDUCATIONAL | $15,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hilltown Community Health Centers Inc Worthington, MA | $8,704,272 | $11,711,067 |
Groton Community Health Care Center Inc Groton, NY | $2,778,758 | $8,664,883 |
Housing Works Services Ii Inc Brooklyn, NY | $15,932,571 | $7,861,122 |
Brookdale Family Care Centers Inc Brooklyn, NY | $3,434,479 | $5,194,989 |
Ascentria Care Alliance Inc Concord, NH | $6,219,990 | $6,553,676 |
Paul J Cooper Ctr For Human Serv Brooklyn, NY | $2,848,073 | $7,274,893 |
East Hill Family Medical Inc Auburn, NY | $9,996,183 | $8,362,408 |
North Shore-Lij Occupational Medicine Pc Westbury, NY | $124,785 | $5,208,744 |
Cnyhhn Inc Utica, NY | $5,009,297 | $6,750,333 |
North Shore- Lij Medical Group At North Nassau Pc Westbury, NY | $1,512,682 | $4,934,315 |
Five-Town Health Alliance Inc Bristol, VT | $3,900,023 | $6,142,229 |
Community Health Initiatives Inc Brooklyn, NY | $4,520,859 | $5,975,583 |