New England Medical Association Inc is located in Brookline, MA. The organization was established in 2020. 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. New England Medical Association 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 05/2024, New England Medical Association Inc generated $25.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $55.1k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
PLAN INFRASTRUCTURE FOR SUSTAINABILITY OF ORGANIZATION. WE HELD OVER 20 FOCUS GROUPS AND INTERVIEW SESSIONS WITH COMMUNITY LEADERS, ORGANIZATION LEADERS AND MEMBERS. SEVERAL OTHER EXISTING ORGANIZATIONS AND THEIR ACTIVITIES WERE SURVEYED, REVIEWED AND ANALYZED. A STRATEGIC DIRECTION FOR NEMA WAS DEVELOPED FOR THE PERIOD 2022-2025
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellana Stinson MD President / Board Of Directors | 15 | $0 | |
Celine Mukasine Board Of Directors | 1 | $0 | |
Vonzella Bryant MD Vice President/board Of Directors | 7 | $0 | |
Art Gordon Board Of Directors | 1 | $0 | |
Anastacia Awad Board Of Directors | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,246 |
Total Program Service Revenue | $0 |
Membership dues | $13,440 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $35 |
Total Revenue | $25,722 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,758 |
Professional fees and other payments to independent contractors | $24,235 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $529 |
Other expenses | $17,601 |
Total expenses | $55,123 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,185 |
Other assets | $0 |
Total assets | $32,185 |
Total liabilities | $0 |
Net assets or fund balances | $32,185 |