Palm Beach County Medical Society Of Florida Inc
- Assets
- $136.7k
- Revenue
- $232.2k
- Investments
- $0.0
- Employees
- 11
- Location
- West Palm Beach, FL
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 30-0130804
Organization Overview
Palm Beach County Medical Society Of Florida Inc is located in West Palm Beach, FL. The organization was established in 2003. 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. As of 12/2023, Palm Beach County Medical Society Of Florida Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Beach County Medical Society Of Florida 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, Palm Beach County Medical Society Of Florida Inc generated $232.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $152.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 6 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
DEDICATED TO UNITING PHYSICIANS TO SERVE THE COMMON INTEREST OF THE PROFESSION, DEVELOPING AND MAINTAINING THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF THE MEDICAL PROFESSION, ADVOCATING THE INTERESTS OF PHYSICIANS AND THEIR PATIENTS, AND COLLABORATING WITH OTHERS TO IMPROVE THE COMMUNITIES HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVICE AND PROVIDE INFORMATION TO THE MEMBERS OF THE SOCIETY AND TO PROVIDE INFORMATION ON ITS' MEMBERS TO THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia Mason MD Imm Past Pre | Officer | 2 | $0 |
Martha Rodriguez MD President | Officer | 2 | $0 |
Vicky Norton MD Secretary | Officer | 2 | $0 |
Faustino Gonzalez MD Treasurer | Officer | 2 | $0 |
Andrew Berkman MD First Vice P | Officer | 2 | $0 |
Roger Duncan MD Director | 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 | $84,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,916 |
| Total Program Service Revenue | $147,262 |
| Investment income | $15 |
| 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 | $232,193 |
| 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 | $42,746 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,658 |
| Payroll taxes | $4,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,558 |
| Office expenses | $3,324 |
| Information technology | $1,998 |
| Royalties | $0 |
| Occupancy | $12,019 |
| Travel | $18,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,122 |
| Interest | $100 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,163 |
| Total functional expenses | $152,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,075 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,914 |
| 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 | $1,705 |
| Net Land, buildings, and equipment | $18,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $136,694 |
| Accounts payable and accrued expenses | $9,564 |
| Grants payable | $0 |
| Deferred revenue | $19,802 |
| 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 | $110,115 |
| Total liabilities | $139,481 |
| Net assets without donor restrictions | -$2,787 |
| 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 | $136,694 |