Institute Of Medicine And Public Health Of New Jersey Inc
- Assets
- $142.0k
- Revenue
- $20.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-0678012
Organization Overview
Institute Of Medicine And Public Health Of New Jersey Inc, operating under the name The Foundation Of Msnj & Msnj Found, is located in Lawrenceville, NJ. The organization was established in 2004. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. Foundation Of Msnj & Msnj Found 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 12/2022, Foundation Of Msnj & Msnj Found generated $20.0 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 (65.8%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CREATE PARTNERSHIPS AMONG THE MEDICAL PROFESSION AND THE COMMUNITIES IT SERVES TO RESOLVE ESSENTIAL HEALTH ISSUES. TO PROMOTE OUR MISSION, WE PLAN TO MANAGE PROGRAM GRANTS IN SUPPORT OF PUBLIC HEALTH, PROVIDE OPPORTUNITIES FOR PHYSICIANS TO PURSUE CONTINUING MEDICAL EDUCATION, AND FACILITATE STRATEGIC PARTERSHIPS AMONG VARIOUS HEALTHCARE SECTIONS, INCLUDING PHYSICIANS, THE PUBLIC, OTHER HEALTH PROFESSIONALS, AND THE GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IOMPH CONVENED THE HEALTHCARE EXECUTIVE LEADERSHIP ACADEMY TO BUILD COLLABORATIVE LEADERSHIP SKILLS THROUGHOUT THE NJ HEALTHCARE ARENA. NJ HELA BRINGS TOGETHER FUTURE AND CURRENT LEADERS FROM MEDICINE, HOSPITALS AND THE INSURANCE INDUSTRY TO WORK THROUGH LARGE HEALTHCARE PROBLEMS FACING NJ. THOSE TOPICS INCLUDE CARING FOR PATIENTS AT THE END OF LIFE AND ADDRESSING NJ OPIOID EPIDEMIC.
IOMPH ASSISTED PHYSICIANS CONFRONTING THE COVID PANDEMIC BY ACQUIRING AND DISTRIBUTING PERSONAL PROTECTIVE EQUIPMENT FOR USE IN PRIVATE MEDICAL OFFICES. THIS PROGRAM FILLED A NEED FOR SMALL PRACTICES THAT DID NOT HAVE ACCESS TO SMALL QUANTITY OF PPE TO PROTECT THEIR STAFF WHILE REOPENING FOR COMMUNITY BASED MEDICAL CARE.
IOMPH PARTNERED WITH THE AMA TO PROVIDE A RESEARCHED BASED "STEPS FORWARD" PROGRAM TO ASSIST PRACTICES AND HOSPITALS ADDRESSING THE LARGE AND GROWING PROBLEM OF PHYSICIAN BURN OUT. THE PROGRAM ALSO PROVIDE THE FIRST MEDICAL PRACTICE BASED RESEARCH PROJECT. PRACTICES WERE PROVIDED WORKFLOW IMPROVEMENT TOOLS AND TRAINING TO ASSESS IMPROVEMENTS IN THE RATES OF PHYSICIAN BURNOUT IN EACH PRACTICE SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Downs Executive Director | Trustee | 7 | $0 |
Edward Von Der Schmidt III Dvmmd President/trustee | Trustee | 0 | $0 |
William Bartzak Vice President/trustee | Trustee | 0 | $0 |
David E Swee MD Treasurer/trustee | Trustee | 0 | $0 |
Steven Holt ESQ Secretary/trustee | Trustee | 0 | $0 |
Joseph F Fennelly MD Trustee | Trustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| 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 | $20 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $24,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $528 |
| All other expenses | $2,166 |
| Total functional expenses | $31,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,886 |
| Savings and temporary cash investments | $0 |
| 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 | $39,112 |
| 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 | $141,998 |
| Accounts payable and accrued expenses | $8,650 |
| Grants payable | $0 |
| Deferred revenue | $19,065 |
| 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 | $0 |
| Total liabilities | $27,715 |
| Net assets without donor restrictions | -$124,985 |
| Net assets with donor restrictions | $239,268 |
| 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 | $141,998 |