Infusion Nurses Society Inc
- Assets
- $5.3m
- Revenue
- $2.6m
- Investments
- $4.6m
- Employees
- 15
- Location
- Norwood, MA
- Founding
- 03/1977
- Data as of
- 12/2020
- EIN
- 04-2765259
Organization Overview
Infusion Nurses Society Inc is located in Norwood, MA. The organization was established in 1977. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2021, Infusion Nurses Society Inc employed 15 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Infusion Nurses Society 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 12/2020, Infusion Nurses Society Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND CREATE PUBLIC AWARENESS OF IV NURSES NEEDS AND TO ENCOURAGE RESEARCH AND REPORTING OF RESEARCH DEVELOPMENT BY MEMBERS.
Describe the Organization's Program Activity:
EDUCATION OF IV NURSES, PUBLIC AWARENESS FOR IV NURSES NEEDS IN HOSPITALS; ENCOURAGEMENT OF RESEARCH ACTIVITIES BY MEMBERS AND THE REPORTING OF RESEARCH DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Alexander CEO | OfficerTrustee | 40 | $277,536 |
Christopher Hunt Exec. VP | Officer | 40 | $197,422 |
Maria Connors Director Of Operations & M | Officer | 40 | $162,000 |
Marlene Steinheiser Director Of Clinical Educa | 40 | $127,350 | |
Sue Weaver President Elect | Trustee | 0 | $0 |
Lynn Deutsch Presidential Advisor | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $380,287 |
| Investment income | $255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $372,885 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,609,799 |
| Statement of Expenses | |
|---|---|
| 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. | $636,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $781,486 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,700 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,155 |
| Office expenses | $20,408 |
| Information technology | $52,773 |
| Royalties | $0 |
| Occupancy | $165,310 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,799 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,016 |
| Insurance | $13,457 |
| All other expenses | $0 |
| Total functional expenses | $2,272,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,433 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,909 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,208 |
| Prepaid expenses and deferred charges | $107,866 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,555,527 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,678 |
| Total assets | $5,296,004 |
| Accounts payable and accrued expenses | $163,903 |
| Grants payable | $0 |
| Deferred revenue | $177,892 |
| 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 | $246,592 |
| Total liabilities | $588,387 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $4,707,617 |
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Helene Fuld College Of Nursing New York, NY | $15,101,920 | $12,774,425 |
Mount St Rita Health Centre Cumberland, RI | $5,675,483 | $8,504,778 |
Holyoke Visiting Nurse Association Inc Holyoke, MA | $2,945,624 | $6,659,717 |
Penn Yan Manor Nursing Home Inc Penn Yan, NY | $4,647,463 | $3,957,801 |
Middlewoods Of Newington Inc Shelton, CT | $6,037,595 | $3,083,913 |
Infusion Nurses Society Inc Norwood, MA | $5,296,004 | $2,609,799 |