Iraqi Medical Sciences Association
- Assets
- $45.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2002
- Data as of
- 12/2023
- EIN
- 16-1605323
Organization Overview
Iraqi Medical Sciences Association is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iraqi Medical Sciences Association 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 12/2023, Iraqi Medical Sciences Association generated $108.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $126.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE EDUCATION IN MEDICINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbas Al Saraf MD Treasurer | 1 | $0 | |
Firas Karmo Ms Vice President | 0 | $0 | |
Salam Ishak Alsamak President | 0 | $0 | |
Rasul Abu Alijass Foundation Mgr. | 10 | $27,000 | |
Sadeer Alzubaidi Secretary | 0 | $0 | |
Gassan Dahhan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,850 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,000 |
| Professional fees and other payments to independent contractors | $975 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $98,934 |
| Total expenses | $126,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,422 |
| Other assets | $0 |
| Total assets | $45,422 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,422 |