Edward J Ill Excellence In Medicineassociation Inc
- Assets
- $601.1k
- Revenue
- $288.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 20-8498347
Organization Overview
Edward J Ill Excellence In Medicineassociation Inc is located in Lawrenceville, NJ. The organization was established in 2007. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, 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. Edward J Ill Excellence In Medicineassociation 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 12/2021, Edward J Ill Excellence In Medicineassociation Inc generated $288.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $313.8k during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROMOTES EXCELLENCE BY PROVIDING SCHOLARSHIPS TO NEW JERSEY RESIDENTS WHO ARE MEDICAL, DENTAL, PHARMACEUTICAL AND PHYSICIAN ASSISTANT STUDENTS IN NEW JERSEY SCHOOLS, WHO HAVE DEMONSTRATED EXCELLENCE IN SCHOLARSHIP, RESEARCH, LEADERSHIP AND CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE RUTGERS NEW JERSEY MEDICAL SCHOOL, RUTGERS ROBERT WOOD JOHNSON MEDICAL SCHOOL, RUTGERS SCHOOL OF DENTAL MEDICINE, SETON HALL UNIVERSITY SCHOOL OF HEALTH AND MEDICAL SCIENCES, COOPER MEDICAL SCHOOL OF ROWAN UNIVERSITY, ROWAN UNIVERSITY SCHOOL OF OSTEOPATHIC MEDICINE, RUTGERS SCHOOL OF HEALTH PROFESSIONS, HACKENSACK MERIDIAN SCHOOL OF MEDICINE, RUTGERS ERNEST MARIO SCHOOL OF PHARMACY AND FAIRLEIGH DICKINSON UNIVERSITY SCHOOL OF PHARMACY & HEALTH SCIENCES, 10 SCHOLARSHIPS WERE AWARDED TO STUDENTS WHO DEMONSTRATED EXCELLENCE IN SCHOLARSHIP, RESEARCH, LEADERSHIP AND CIVIC ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul J Hirsch MD Trustee Chairman | OfficerTrustee | 1 | $0 |
Catherine E Williams Trustee Secretary Treasurer | OfficerTrustee | 4 | $0 |
Patricia A Costante Trustee Vice Chairman | OfficerTrustee | 1 | $0 |
Janet S Puro Assistant Secretary | Officer | 4 | $0 |
Christopher S Bateman Trustee | Trustee | 0 | $0 |
Nina L Gowaty Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $287,151 |
| 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 | $287,151 |
| Total Program Service Revenue | $0 |
| Investment income | $899 |
| 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 | $288,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $135,000 |
| 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 | $0 |
| Fees for services: Legal | $2,970 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,905 |
| Office expenses | $13,150 |
| Information technology | $947 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,915 |
| Total functional expenses | $313,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,444 |
| Savings and temporary cash investments | $419,175 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $44,437 |
| 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 | $601,056 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $59,136 |
| 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 | $59,136 |
| Net assets without donor restrictions | $0 |
| 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 | $541,920 |
| Total liabilities and net assets/fund balances | $601,056 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edward J Ill Excellence In Medicineassociation Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Sadie And Louis Roth Foundation Elmwood Park, NJ PURPOSE: SCHOLARSHIP | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langhorne Physican Services Inc Langhorne, PA | $71,078,768 | $62,697,896 |
American College Of Physicians Inc Philadelphia, PA | $166,251,470 | $66,810,188 |
Oncology Nursing Society Pittsburgh, PA | $48,820,451 | $29,142,020 |
Chop Clinical Associates Inc Philadelphia, PA | $1,382,809 | $20,179,810 |
Hospital & Healthsystem Association Of Pennsylvania Inc Harrisburg, PA | $39,402,736 | $15,435,491 |
New Jersey Hospital Association Princeton, NJ | $139,216,001 | $6,079,898 |
Pennsylvania Medical Society Mechanicsburg, PA | $213,365,446 | $23,943,781 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |