Pennsylvania Medical Society

Organization Overview

Pennsylvania Medical Society is located in Mechanicsburg, PA. The organization was established in 1938. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Pennsylvania Medical Society employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Medical Society 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 12/2021, Pennsylvania Medical Society generated $23.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $10.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Pennsylvania Medical Society has awarded 18 individual grants totaling $1,793,316. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PENNSYLVANIA MEDICAL SOCIETY IS A PROFESSIONAL MEMBERSHIP ORGANIZATION IN PENNSYLVANIA. THE SOCIETY IS AFFILIATED WITH COUNTY MEDICAL SOCIETIS THROUGHOUT PENNSYLVANIA. FOUNDED IN 1848, THE SOCIETY'S MISSION IS TO BE THE VOICE OF PENNSYLVANIA'S PHYSICIANS, ADVANCING QUALITY PATIENT CARE, THE ETHICAL PRACTICE OF MEDICINE AND ADVOCATION FOR THE PATIENTS THEY SERVE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pyramid Construction
Construction Contractor
$1,962,387
Abila
It Consultant
$184,800
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $25,440
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$25,440
Total Program Service Revenue$4,672,021
Investment income $5,603,971
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,188,398
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $23,943,781

Grants Awarded

Over the last fiscal year, Pennsylvania Medical Society has awarded $580,000 in support to 5 organizations.

Grant RecipientAmount

THE FOUNDATION OF THE PENNSYLVANIA MEDICAL SOCIETY

Org PageRecipient Profile

Mechanicsburg, PA

PURPOSE: GENERAL SUPPORT

$380,000

COMMUNITY PARTNERS IN ASTHMA CARE INC

Org PageRecipient Profile

Mcmurray, PA

PURPOSE: DIRECT SUPPORT FOR HEALTH INNOVATION PROJECTS

$50,000

CHAN SOON-SHIONG MEDICAL CENTER AT WINDBER

Org PageRecipient Profile

Windber, PA

PURPOSE: DIRECT SUPPORT FOR HEALTH INNOVATION PROJECTS

$50,000

RESEARCH INSTITUTE OF FOX CHASE CANCER CENTER

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: DIRECT SUPPORT FOR HEALTH INNOVATION PROJECTS

$50,000

LEHIGH VALLEY HOSPITAL INC

Org PageRecipient Profile

Allentown, PA

PURPOSE: DIRECT SUPPORT FOR HEALTH INNOVATION PROJECTS

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Pennsylvania Medical Society has recieved totaling $7,500.

Awarding OrganizationAmount
Pennsylvania Osteopathic Medical Association Inc

Harrisburg, PA

PURPOSE: TO SUPPORT THE IMPAIRED PHYSICIANS PROGRAM

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$123,379,433
Earnings$15,411,532
Other Expense$5,977,882
Ending Balance$132,813,083

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