Fairfield County Medical Association
- Assets
- $455.0k
- Revenue
- $418.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Shelton, CT
- Founding
- 07/1955
- Data as of
- 12/2023
- EIN
- 06-0688181
Organization Overview
Fairfield County Medical Association is located in Shelton, CT. The organization was established in 1955. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2023, Fairfield County Medical Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairfield County Medical Association 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 12/2023, Fairfield County Medical Association generated $418.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $469.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO INCREASE DOCTORS' KNOWLEDGE AND ENLIGHTEN THE PUBLIC IN CONNECTION WITH HEALTH MATTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE DOCTORS' KNOWLEDGE AND ENLIGHTEN THE PUBLIC IN CONNECTION WITH HEALTH MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Trowbridge MD Trustee | Trustee | 0.5 | $0 |
Burton R Rubin MD Trustee | Trustee | 0.5 | $0 |
Joann Smith MD Trustee | Trustee | 0.5 | $0 |
Kenneth A Litwin MD Secretary | Trustee | 0.5 | $0 |
Leslie Miller DO Trustee | Trustee | 0.5 | $0 |
Anna C Freitag MD Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $255,195 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $105,737 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $360,932 |
| Total Program Service Revenue | $0 |
| Investment income | $2,757 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,915 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $417,991 |
| 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. | $153,064 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,237 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,539 |
| Payroll taxes | $29,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,362 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,445 |
| Fees for services: Other | $39,655 |
| Advertising and promotion | $3,000 |
| Office expenses | $22,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,874 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,229 |
| All other expenses | $4,311 |
| Total functional expenses | $469,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,963 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $4,141 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $208,176 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,762 |
| Total assets | $455,042 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $148,316 |
| 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 | $169,450 |
| Total liabilities | $317,766 |
| Net assets without donor restrictions | $137,276 |
| 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 | $455,042 |