Missouri Podiatric Medical Association Inc
- Assets
- $452.3k
- Revenue
- $188.7k
- Investments
- $358.5k
- Employees
- 0
- Location
- Jeffereson City, MO
- Founding
- 09/1984
- Data as of
- 12/2023
- EIN
- 23-7446859
Organization Overview
Missouri Podiatric Medical Association Inc is located in Jeffereson City, MO. The organization was established in 1984. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, 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. Missouri Podiatric Medical Association Inc 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 12/2023, Missouri Podiatric Medical Association Inc generated $188.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $155.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 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
ASSOCIATION PURPOSE IS PROMOTION OF THE PUBLIC WELFARE BY THE ADVANCEMENT OF THE PROFESSION OF PODIATRY IN EDUCATION, SCIENCE, MUTUAL FELLOWSHIP AND GOODWILL BY BRINGING INTO ONE COMPACT ORGANIZATION MISSOURI PODIATRISTS. THE ASSOCIATION ADVOCATES PROPER LEGISLATION AND COOPERATION WITH THE MEDICAL, DENTAL, AND OTHER SCIENTIFIC ORGANIZATAIONS IN ALL MATTERS OF MUTUAL INTEREST AND ADVANCEMENT OF THE PEOPLE OF MISSOURI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL MEETING WITH SEMINARS FOR ATTENDEES ARE HELD USUALLY IN AUGUST OF EACH YEAR. AT THE EVENT SEMINARS ARE AVAILABLE TO MEMBERS TO INCREASE THEIR PROFESSIONAL PROFICIENCY AND UPDATE ON LEGISLATIVE MATTERS PERTAINING TO THE PROFESSION. RECOGNITION IS GIVEN TO INDIVIDUALS SELECTED AS OUTSTANDING IN THE FIELD. ALSO INCLUDED HEREIN IS THE COST OF ADMINISTERING THE EVENT.
THE EXECTUTIVE DIRECTOR AND SELECTED MEMBERS MONITOR LEGISLATION AS IT MAY PERTAIN TO THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Lamb President | OfficerTrustee | 2 | $0 |
Ben Summerhays Secretary | OfficerTrustee | 2 | $0 |
Allen Jacobs Member At Large | Trustee | 2 | $0 |
Jesse Wolfe Member At Large | Trustee | 2 | $0 |
Russell Grimes Member At Large | Trustee | 2 | $0 |
Rhett Lakin 1st Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,985 |
| Fundraising events | $0 |
| 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 | $50,985 |
| Total Program Service Revenue | $116,409 |
| Investment income | $13,723 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $544 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,737 |
| 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. | $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 | $81,848 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,176 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,903 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,893 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $155,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,527 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,299 |
| Investments—other securities | $358,492 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $452,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $452,318 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $452,318 |