Broome County Medical Society
- Assets
- $425.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Endicott, NY
- Founding
- 12/1953
- Data as of
- 12/2021
- EIN
- 15-0253921
Organization Overview
Broome County Medical Society is located in Endicott, NY. The organization was established in 1953. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, 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. Broome County 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 12/2021, Broome County Medical Society generated $88.4k 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 (8.6%) each year. All expenses for the organization totaled $96.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE CONTINUING MEDICAL EDUCATION, MEMBER COMMUNICATION PAMPHLETS, EDUCATIONAL SEMINARS AND PEER REVIEW SERVICES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley L Cosgriff Executive Dir. | 40 | $52,555 | |
Thomas Genese MD Member | 0 | $0 | |
Adam Hatala Student Member | 0 | $0 | |
Jocelyn Young DO President | 0 | $0 | |
Jane Simpson DO Vice President | 0 | $0 | |
Khalid Sethi MD Past President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,572 |
| Investment income | $8,098 |
| Gain or Loss | $6,329 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $52,165 |
| Total Revenue | $88,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,174 |
| Professional fees and other payments to independent contractors | $14,918 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,103 |
| Total expenses | $96,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $422,297 |
| Other assets | $0 |
| Total assets | $425,600 |
| Total liabilities | $24,331 |
| Net assets or fund balances | $401,269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Hospital Association Inc & Affiliates Wallingford, CT | $20,376,618 | $10,735,493 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
Massachusetts Dental Society Southborough, MA | $16,206,849 | $7,845,632 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
Coastal Medical Associates Inc South Weymouth, MA | $4,039,266 | $5,719,679 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |
Massachusetts Senior Care Association Inc Easton, MA | $2,585,686 | $3,605,157 |
Pennsylvania Assoc Of Community Health Centers Wormleysburg, PA | $2,008,836 | $2,883,378 |
National Student Nurses Association Brooklyn, NY | $3,483,994 | $2,719,643 |
Oset Inc Stamford, CT | $2,647,627 | $3,136,754 |