Lackawanna County Medical Society
- Assets
- $121.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olyphant, PA
- Founding
- 06/1952
- Data as of
- 12/2021
- EIN
- 24-0637563
Organization Overview
Lackawanna County Medical Society is located in Olyphant, PA. The organization was established in 1952. 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. Lackawanna County 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, Lackawanna County Medical Society generated $79.1k 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 (4.6%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO EXTEND MEDICAL KNOWLEDGE AND MEDICAL SCIENCE, PROMOTE PUBLIC HEALTH AND HYGIENE, AND PROVIDE MEDICAL REFERRALS TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg A Severs DO Past President | 0.25 | $0 | |
Donna M Eget DO President | 0.25 | $0 | |
Christine L Phillips DO Immediate Past President | 0.25 | $0 | |
Karen Arscott DO President Elect | 0.25 | $0 | |
James Cortese MD Resident/fellow Representa | 0.25 | $0 | |
Makayla Dearborn Medical Student Representa | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,465 |
| Membership dues | $47,834 |
| Investment income | $364 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,474 |
| Other Revenue | $0 |
| Total Revenue | $79,137 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,248 |
| Professional fees and other payments to independent contractors | $6,406 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $310 |
| Other expenses | $6,840 |
| Total expenses | $45,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,779 |
| Other assets | $0 |
| Total assets | $121,779 |
| Total liabilities | $29,118 |
| Net assets or fund balances | $92,661 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lackawanna County Medical Society has recieved totaling -$2,000.
| Awarding Organization | Amount |
|---|---|
Northeastern Pennsylvania Health Care Foundation Scranton, PA PURPOSE: REFUND OF PRIOR YEAR GRANT | -$2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Dayton Area Hospital Assoc Dayton, OH | $5,189,718 | $9,300,133 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
National Minority Health Association Owings Mills, MD | $1,141,294 | $7,237,728 |
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 |
American Institute Of Ultrasound In Medicine Laurel, MD | $15,934,129 | $6,045,170 |
Pediatric Nursing Certification Board Inc Rockville, MD | $27,779,118 | $7,720,224 |
Medical & Chirurgical Faculty Of Maryland Baltimore, MD | $16,901,869 | $5,831,865 |
International Association Of Forensic Nurses Incorporated Elkridge, MD | $4,065,869 | $4,546,511 |
Ohio Nurses Association Hilliard, OH | $4,406,486 | $4,396,631 |
National Medical Association Inc silver spring, MD | $10,801,264 | $5,591,938 |