Ukrainian Medical Association Of North America Inc
- Assets
- $174.2k
- Revenue
- $42.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 07/1964
- Data as of
- 12/2021
- EIN
- 13-6162818
Organization Overview
Ukrainian Medical Association Of North America Inc is located in Chicago, IL. The organization was established in 1964. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ukrainian Medical Association Of North America Inc 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 12/2021, Ukrainian Medical Association Of North America Inc generated $42.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.8%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UKRAINIAN MEDICAL ASSOCIATION OF NORTH AMERICA (UMANA), FOUNDED IN 1950, IS A VOLUNTARY NON-PROFIT ASSOCIATION OF PROFESSIONALS LICENSED TO PRACTICE IN THEIR AREAS OF HEALTH CARE IN THE UNITED STATES AND CANADA. UMANA'S OBJECTIVES ARE:1. UNITE HEALTH CARE PROFESSIONALS OF UKRAINIAN DESCENT, WHO SHARE AN INTEREST IN PROMOTING THE HEALTH OF UKRAINIANS 2. SHARE MEDICAL KNOWLEDGE AND SCIENTIFIC RESEARCH WITH EMPHASIS ON ASPECTS UNIQUE TO UKRAINIANSUMANA IS COMPOSED OF 19 BRANCHES THROUGHOUT THE USA AND CANADA. UMANA SPONSORS REGULAR MEDICAL CONFERENCES, PUBLISHES A UKRAINIAN LANGUAGE MEDICAL JOURNAL LIKARS'KYJ VISNYK (JUMANA), CIRCULATES AN ENGLISH LANGUAGE NEWSLETTER THE UMANANEWS, AND DISTRIBUTES A BIENNIAL DIRECTORY OF MEMBERS.UMANA IS A FOUNDING CONSTITUENT OF THE WORLD FEDERATION OF UKRAINIAN MEDICAL ASSOCIATIONS (WFUMA), AND PURSUES COOPERATIVE RELATIONSHIPS WITH UKRAINIAN ORGANIZATIONS IN THE UNITED STATES AND CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR AND ORGANIZE NATIONAL MEDICAL EDUCATION MEETINGS EVERY TWO YEARS. ORGANIZE AND PRESENT SCIENTIFIC PRESENTATION IN A VIRTUAL ENVIRONMENT. OBJECTIVE: CONTINUING MEDICAL EDUCATION FOR PROFESSIONAL MEMBERS.
PROVIDE OPPORTUNITY TO UNITE PHYSICIANS, DENTISTS, AND OTHER MEDICAL PROFESSIONALS TO ENHANCE MEDICAL KNOWLEDGE, AND CARE AND GROWTH OF THE COMMUNITY. OBJECTIVE: LOCAL NETWORKING FOR CHAPTER MEMBERS WITH HEALTH TEACHING FOR COMMUNITY MEMBERS
PRINTING AND PUBLICATION OF JOURNAL. OBJECTIVE: PROVIDE OPPORTUNITY TO SHARE MEDICAL INFORMATION AMONG OUR ENTIRE MEMBERSHIP GROUP AS WELL AS GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Lenchur MD President | OfficerTrustee | 2 | $0 |
Andrew Ripeckyj MD Immediate Past-President | OfficerTrustee | 2 | $0 |
Leo Wolansky MD President-Elect | OfficerTrustee | 2 | $0 |
Marta Lopatynsky MD Vice-President | OfficerTrustee | 2 | $0 |
Roman Kozyckyj MD Treasurer | OfficerTrustee | 2 | $0 |
Lida Wozny Rph Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $41,231 |
| Investment income | $9 |
| 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 | $42,740 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,318 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $5,604 |
| Information technology | $3,309 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,256 |
| Total functional expenses | $35,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,851 |
| Savings and temporary cash investments | $22,330 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,181 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,791 |
| Total liabilities | $9,791 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $164,390 |
| Total liabilities and net assets/fund balances | $174,181 |
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