Center For Medical Simulation Inc
- Assets
- $2.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Charlestown, MA
- Founding
- 09/2000
- Data as of
- 06/2022
- EIN
- 04-3486127
Organization Overview
Center For Medical Simulation Inc is located in Charlestown, MA. The organization was established in 2000. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, 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. Center For Medical Simulation 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 06/2022, Center For Medical Simulation Inc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
THE PRINCIPAL PURPOSE OF THE ORGANIZATION IS TO IMPROVE PATIENT SAFETY AND HEALTH CARE QUALITY BY USING SIMULATION FOR EDUCATION, TRAINING, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES WERE AS FOLLOWS: SIMULATION INSTRUCTOR TRAINING: THE ORGANIZATION OFFERED TRAINING TO DIRECTORS, PRINCIPAL FACULTY, AND INSTRUCTORS OF CURRENT OR PROSPECTIVE SIMULATION PROGRAMS. CLINICAL TRAINING: THE ORGANIZATION OFFERED COURSES DESIGNED FOR INDIVIDUALS AND TEAMS ACROSS THE HEALTH CARE FIELD. PHYSICIANS, NURSES, HEALTH CARE PROFESSIONALS, EDUCATORS, AND LEADERS ALL BENEFITED FROM EXPANDING THEIR SKILLS AND COLLABORATION THROUGH SIMULATION. THE ORGANIZATION REGULARLY SCHEDULES COURSES IN ANESTHESIOLOGY, OBSTETRICS AND SURGERY ENVIRONMENTS. LEADERSHIP AND MANAGEMENT TRAINING: THE ORGANIZATION ALSO PROVIDED HEALTH CARE ADVENTURES (HCA) COURSES WHICH FOCUSED ON LEADERSHIP AND MANAGEMENT TEAMS ACROSS THE HEALTH CARE FIELD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny W Rudolph PHD Clerk & Ex. | Officer | 40 | $201,798 |
Gary Rossi C.o.o. | 40 | $177,375 | |
Susan Chapman Moss MBA President | OfficerTrustee | 1 | $0 |
Nancy E Oriol MD Vice Preside | OfficerTrustee | 1 | $0 |
Robert Savignol Treasurer | Officer | 1 | $0 |
James P Rathmell MD Ms Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $2,736,255 |
| Investment income | $13,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,761,057 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $228,196 |
| Compensation of current officers, directors, key employees. | $124,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,493 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $963 |
| Fees for services: Accounting | $18,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,712 |
| Advertising and promotion | $0 |
| Office expenses | $72,253 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $269,085 |
| Travel | $14,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,125 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $132,841 |
| Insurance | $7,170 |
| All other expenses | $100,831 |
| Total functional expenses | $2,781,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,111 |
| Savings and temporary cash investments | $881,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,775 |
| 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 | $16,361 |
| Net Land, buildings, and equipment | $148,357 |
| Investments—publicly traded securities | $610,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,400 |
| Total assets | $2,307,441 |
| Accounts payable and accrued expenses | $112,350 |
| Grants payable | $0 |
| Deferred revenue | $691,143 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $953,493 |
| Net assets without donor restrictions | $1,353,948 |
| 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 | $2,307,441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Donor Services Inc Waltham, MA | $48,652,397 | $15,155,479 |
Academic Physicians Insurancecompany Colchester, VT | $81,982,232 | $24,573,399 |
Brooklyn Hospital Provider Brooklyn, NY | $47,725,309 | $10,026 |
Alliance Health Management Services Llc Southborough, MA | $2,006,491 | $4,982,711 |
F F Thompson Health System Inc Canandaigua, NY | $6,622,129 | $5,171,518 |
Hospice And Palliative Care Group Inc Lockport, NY | $1,207,807 | $3,978,189 |
Center For Medical Simulation Inc Charlestown, MA | $2,307,441 | $2,761,057 |
Rural Health Network Of Scny Inc Binghamton, NY | $2,345,985 | $2,339,333 |
Nassau Suffolk Hospital Council Inc Hauppauge, NY | $1,631,651 | $2,137,362 |
Metropolitan Boston Emergency Medical Services Council Inc Burlington, MA | $3,181,684 | $1,030,015 |
Mfasc Inc Buffalo, NY | $311,654 | $539,156 |
Finger Lakes Regional Emergency Medical Services Council Inc Geneva, NY | $451,245 | $637,794 |