Undersea & Hyperbaric Medical Society Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 9
- Location
- North Palm Beach, FL
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 23-7066181
Organization Overview
Undersea & Hyperbaric Medical Society Inc is located in North Palm Beach, FL. The organization was established in 2011. 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. As of 12/2023, Undersea & Hyperbaric Medical Society Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Undersea & Hyperbaric Medical Society 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 12/2023, Undersea & Hyperbaric Medical Society Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A FORUM FOR PROFESSIONAL SCIENTIFIC COMMUNICATION & EDUCATIONAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY ASSURANCE AND REGULATORY AFFAIRS - THIS IS OUR CLINICAL HYPERBARIC MEDICAL FACILITY ACCREDITATION PROGRAM. CLINICAL HYPERBARIC FACILITIES CAN DEMONSTRATE THEIR COMMITMENT TO PATIENT CARE AND FACILITY SAFETY BY VOLUNTARILY PARTICIPATING IN THIS PROGRAM. WHEN INVITED TO PERFORM AN ACCREDITATION SURVEY, WE WILL SEND A TEAM OF EXPERTS TO THE FACILITY TO EXAMINE STAFFING AND TRAINING, EQUIPMENT INSTALLATION, OPERATION, MAINTENANCE, FACILITY AND PATIENT SAFETY, AND STANDARDS OF CARE.
THE UHMS ANNUAL SCIENTIFIC MEETINGS PRIMARY GOAL IS TO PROVIDE A FORUM FOR PROFESSIONAL SCIENTIFIC GROWTH AND DEVELOPMENT OF THE PARTICIPANTS TO IMPROVE KNOWLWEDGE AND COMPETENCE TO FURTHER PATIENT OUTCOME. THE MEETING PROVIDES A BASIS FOR EXCHANGE OF IDEAS, BOTH SCIENTIFIC AND PRACTICAL, AMONG PHYSICIANS, RESEARCHERS, AND OTHER HEALTH CARE PROFESSIONALS.
THE CONTINUING MEDICAL EDUCATION MISSION OF THE UHMS IS TO DEVELOP AND PROMOTE EDUCATIONAL ACTIVITIES AND OTHER OPPORTUNITIES THAT IMPROVE THE SCIENTIFIC KNOWLEDGE OF UNDERSEA AND HYPERBARIC ENVIRONMENTS. THE TARGET AUDIENCE OF THIS EFFORT ARE PHYSICIANS AND ALLIED HEALTH PROFESSIONALS, BOTH NATIONALLY AND INTERNATIONALLY. THE ACTIVITIES INCLUDE UNDERSEA MEDICINE, ALL OF THE UHMS ACCEPTED INDICATIONS FOR HYPERBARIC OXYGEN TREATMENT, AND THE PHYSIOLOGIC AND CLINICAL BASIS OF NEW MECHANISMS OF ACTION AND EMERGING NEW USERS FOR HYPERBARIC OXYGEN AND HYPERBARIC ENVIRONMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Peters MBA Fache Executive Director | Officer | 40 | $152,808 |
Brian Keuski Member At Large | Trustee | 2 | $0 |
Owen Oneill President-Elect | Trustee | 6 | $0 |
Peter Peter Lindhold MD PHD Member At Large | Trustee | 1 | $0 |
Daniel Hyun Associate Technologist | Trustee | 2 | $0 |
Frauke Tillmans Member At Large | Trustee | 2 | $0 |
Financial Statements
| 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 | $21,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,260 |
| Total Program Service Revenue | $1,463,056 |
| Investment income | $5,965 |
| 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 | $1,490,281 |
| 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. | $152,808 |
| Compensation of current officers, directors, key employees. | $32,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,012 |
| Pension plan accruals and contributions | $32,251 |
| Other employee benefits | $6,572 |
| Payroll taxes | $42,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,480 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $37,901 |
| Royalties | $0 |
| Occupancy | $20,495 |
| Travel | $155,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $337,757 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,163 |
| Insurance | $12,804 |
| All other expenses | $52,454 |
| Total functional expenses | $1,484,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,587 |
| Savings and temporary cash investments | $589,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,148 |
| 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 | $35,000 |
| Net Land, buildings, and equipment | $12,899 |
| Investments—publicly traded securities | $190,129 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $23,028 |
| Other assets | $0 |
| Total assets | $1,199,153 |
| Accounts payable and accrued expenses | $21,762 |
| Grants payable | $0 |
| Deferred revenue | $292,089 |
| 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 | $313,851 |
| Net assets without donor restrictions | $790,095 |
| Net assets with donor restrictions | $95,207 |
| 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 | $1,199,153 |