Massachusetts Medical Society
- Assets
- $248.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, MA
- Founding
- 11/1994
- Data as of
- 03/2022
- EIN
- 04-6290204
Organization Overview
Massachusetts Medical Society is located in Rockport, MA. The organization was established in 1994. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Massachusetts Medical 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 03/2022, Massachusetts Medical Society generated $66.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $69.9k during the year ending 03/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Goldstein President | 5 | $9,000 | |
Eric Reines Treasurer | 2 | $3,000 | |
Ihor Bilyk Secretary | 2 | $3,000 | |
Michael Medlock Vice President | 2 | $3,000 | |
Thomas Murray Trustee | 2 | $2,500 | |
Keith Nobil Trustee | 2 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,692 |
| Investment income | $3,044 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,736 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,500 |
| Professional fees and other payments to independent contractors | $1,275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,857 |
| Total expenses | $69,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,112 |
| Other assets | $0 |
| Total assets | $248,112 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Dental Association Albany, NY | $17,001,364 | $5,827,046 |
R I H Orthopaedic Foundation Inc Providence, RI | $8,806,507 | $8,596,679 |
Curepsp Inc New York, NY | $8,414,669 | $6,342,039 |
New York State Society Of Anesthesiologists Inc New York, NY | $5,784,530 | $3,237,027 |
American Healthcare Radiology Administrators Inc Marlborough, MA | $4,341,536 | $3,296,728 |
Diagnostic Imaging Foundation Warwick, RI | $10,449 | $1,617,000 |
New York County Dental Society New York, NY | $13,674,183 | $498,692 |
Canton-Potsdam Medical Practice Pllc Potsdam, NY | $521,293 | $682,687 |
New York State Podiatric Medical Association New York, NY | $2,710,070 | $1,412,989 |
New Hampshire Medical Society Concord, NH | $574,906 | $1,307,703 |
Connecticut State Medical Society Inc North Haven, CT | $1,803,405 | $1,201,082 |
Rhode Island Medical Society Providence, RI | $1,292,881 | $707,186 |