Milford Regional Medical Staff Association
- Assets
- $95.0k
- Revenue
- $129.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, MA
- Founding
- 05/2007
- Data as of
- 09/2023
- EIN
- 20-4166431
Organization Overview
Milford Regional Medical Staff Association is located in Milford, MA. The organization was established in 2007. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Milford Regional Medical Staff 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 09/2023, Milford Regional Medical Staff Association generated $129.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $116.7k during the year ending 09/2023. While expenses have increased by 1.3% 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.
Since 2015, Milford Regional Medical Staff Association has awarded 124 individual grants totaling $819,730. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FUNDS TO THE MASSACHUSETTS MEDICAL SOCIETY TO SUPPORT ITS FUNDRAISING EFFORTS FOR ITS NON-PROFIT PURPOSES.
THE FOUNDATION PROVIDED FUNDS TO THE MILFORD REGIONAL HEALTHCARE FOUNDATION TO SUPPORT ITS FUNDRAISING EFFORTS FOR ITS NON-PROFIT PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Mccoy MD President | 5 | $0 | |
Theresa Arpin MD Vice President | 5 | $0 | |
Matthew Mccauley DO Treasurer/clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $128,950 |
| Interest on Savings | $143 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,126 |
| Total operating and administrative expenses | $12,390 |
| Contributions, gifts, grants paid | $104,346 |
| Total expenses and disbursements | $116,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,279 |
| Savings and temporary cash investments | $82,671 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $94,950 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Milford Regional Medical Staff Association has awarded $104,346 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
MILFORD REGIONAL MEDICAL CENTER PURPOSE: PHYSICIAN STIPENDS. | $78,500 |
DEBBIE DOWD PURPOSE: EMPLOYEE APPRECIATION AWARD. | $2,500 |
ELAINE WILLEY PURPOSE: VOLUNTEER APPRECIATION WEEK AWARDS | $1,000 |
MASSACHUSETTS MEDICAL SOCIETY PURPOSE: DONATION FOR PHYSICAN HEALTH SERVICES | $3,000 |
LISA GNERRE PURPOSE: EMPLOYEE APPRECIATION AWARD | $500 |
KAREN TOOTHAKER PURPOSE: EMPLOYEE APPRECIATION AWARD. | $1,000 |