Southeastern Medical Device Association Inc is located in Roswell, GA. The organization was established in 2005. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Medical Device Association 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 12/2019, Southeastern Medical Device Association Inc generated $359.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $318.5k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND PROMOTE MEDICAL DEVICE COMPANIES IN THE SOUTHEAST BY PROVIDING RESOURCES AND NETWORKING OPPORTUNITIES FOR MEDICAL DEVICE COMPANIES, INVENTORS, PHYSCIATIANS AND INVESTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GROUP ORGANIZES EDUCATIONAL AND PROMOTIONAL EVENTS ATTENDED BY MEDICAL DEVICE PROFESSIONALS THROUGHOUT THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Rupp Executive Director | Trustee | 40 | $75,682 |
David Huizenga Past President | OfficerTrustee | 1 | $0 |
Chris Lyons Director/exec Comm | OfficerTrustee | $0 | |
Charlie Harrison Secretary/treasurer | OfficerTrustee | 1 | $0 |
Machelle Shields President | OfficerTrustee | 1 | $0 |
Ibraheem Badejo Director/exec Comm | Trustee | $0 |
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 | $359,275 |
Investment income | $0 |
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 | $359,275 |
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 | $124,975 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,006 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,000 |
Office expenses | $2,065 |
Information technology | $1,595 |
Royalties | $0 |
Occupancy | $0 |
Travel | $819 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $164,124 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,597 |
All other expenses | $0 |
Total functional expenses | $318,537 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,516 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,581 |
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 | $4,097 |
Accounts payable and accrued expenses | $1,173 |
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 | $0 |
Total liabilities | $1,173 |
Net assets without donor restrictions | $2,924 |
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 | $4,097 |
Over the last fiscal year, we have identified 1 grants that Southeastern Medical Device Association Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
The University Financing Foundation Inc Marietta, GA PURPOSE: SPONSORSHIP | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Southeastern Medical Device Association Inc Roswell, GA | $4,097 | $359,275 |
Southern Clinical Neurological Society Tallahassee, FL | $157,544 | $303,588 |
South Atlantic Cardiovascular Society Inc Alpharetta, GA | $224,256 | $325,943 |
Fmda-The Florida Society For Post-Acute And Long-Term Care Medi West Palm Beach, FL | $97,306 | $240,885 |
Georgia Society Of Rheumotology Norcross, GA | $623,444 | $223,617 |
Pharmacogenomics Research Network Inc Windermere, FL | $66,537 | $84,406 |
American Academy Of Yoga And Meditation Germantown, TN | $16,538 | $29,778 |
American Association Of Cardiologists Of Indian Origin Clearwater, FL | $440,179 | $0 |
Southeastern Regional Genetics Group Inc Decatur, GA | $146,598 | $0 |
My Cells My Choice Weston, FL | $0 | $5 |