International Association Of Medical Regulatory Authorities Inc
- Assets
- $322.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Euless, TX
- Founding
- 03/2005
- Data as of
- 04/2023
- EIN
- 20-2188876
Organization Overview
International Association Of Medical Regulatory Authorities Inc is located in Euless, TX. The organization was established in 2005. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Medical Regulatory Authorities Inc 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 04/2023, International Association Of Medical Regulatory Authorities Inc generated $157.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $194.3k during the year ending 04/2023. While expenses have increased by 7.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
THE ORGANIZATION CONTINUED AS AN ASSOCIATION ACTIVELY WORKING TO FULFILL ITS REPONSIBILITIES RELATED TO VARIOUS GOALS, SUCH AS MEDICAL LICENSING AND INTERNATIONAL REGULATION STANDARDS. THE ORGANIZATION HOLDS MEETINGS REGULARLY TO DISCUSS THE OPERATIONS OF THE ASSOCIATION, SECURING FUNDING FOR SPECIFIC PROJECTS, AND OTHER RELATED MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Shinkfield Interim Executive Director | 2 | $0 | |
Dr Heidi Oetter Chair | 2 | $0 | |
Mrs Joan Simeon Chair Elect | 2 | $0 | |
Dr Tebogo Kgosietsile Solomon Letla Immediate Past Chair | 2 | $0 | |
Dr Humayun J Chaudhry Secretary | 2 | $0 | |
Dr Divine Banyubala Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $154,480 |
| Investment income | $1,750 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $795 |
| Total Revenue | $157,025 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,725 |
| Professional fees and other payments to independent contractors | $77,113 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $937 |
| Other expenses | $39,518 |
| Total expenses | $194,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,379 |
| Other assets | $0 |
| Total assets | $321,964 |
| Total liabilities | $113,756 |
| Net assets or fund balances | $208,208 |