Massachusetts Institute Of Alternative Medicine Inc
- Assets
- $12.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilbraham, MA
- Founding
- 11/1999
- Data as of
- 12/2019
- EIN
- 04-3308814
Organization Overview
Massachusetts Institute Of Alternative Medicine Inc is located in Wilbraham, MA. The organization was established in 1999. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, 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. Massachusetts Institute Of Alternative Medicine 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 12/2019, Massachusetts Institute Of Alternative Medicine Inc generated $50.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 3 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
2019
Describe the Organization's Program Activity:
Part 3
TRADITIONAL CHINESE MEDICINE EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Qiong Wang Perron President | 20 | $9,000 | |
Steven Zhang Treasurer | 2 | $0 | |
Shong Ling Zu Clerk | 2 | $0 | |
Lu Wang Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,600 |
| Total Revenue | $50,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,100 |
| Professional fees and other payments to independent contractors | $1,652 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,285 |
| Total expenses | $53,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,016 |
| Other assets | $0 |
| Total assets | $12,016 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,016 |