Professional Medical Education Association Inc is located in Marathon Shores, FL. The organization was established in 1981. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Medical Education 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 06/2021, Professional Medical Education Association Inc generated $497.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $529.1k during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSULTING ON SURGICAL/MEDICAL TECHNOLOGY QUESTIONS AND CONDUCT SURGICAL/LASER TRAINING ONSITE FOR HOSPITALS AND IN DEVELOPING LASER SURGERY PROGRAMS TO PROMOTE THE EDUCATIONAL PURPOSE OF THE ASSOCIATION AND TO SUPPORT MODERN SCIENCE IN MEDICINE.
HONORARIA DERIVED FROM PUBLIC/PROFESSIONAL SPEAKING ARE ALL RELATED TO THE TEACHING ASPECTS OF VARIOUS SURGICAL TECHNOLOGIES AND MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Absten Manager | 40 | $75,000 | |
Gregory Absten President | 20 | $7,500 | |
Dan Little Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $35,400 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $461,638 |
Total Revenue | $497,038 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $104,746 |
Other employee salaries and wages | $37,828 |
Pension plans, employee benefits | $0 |
Interest | $2,033 |
Taxes | $10,464 |
Depreciation | $14,702 |
Occupancy | $61,847 |
Travel, conferences, and meetings | $31,926 |
Printing and publications | $6,766 |
Other expenses | $241,205 |
Total operating and administrative expenses | $528,854 |
Contributions, gifts, grants paid | $252 |
Total expenses and disbursements | $529,106 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $81,677 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $72,382 |
Other assets | $0 |
Total assets | $154,059 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $110,173 |
Other liabilities | $2,074 |
Total liabilities | $112,247 |
Over the last fiscal year, Professional Medical Education Association Inc has awarded $900 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
USA FOR UNHCR PURPOSE: CHARITY DONATION | $273 |
USA FOR UNHCR PURPOSE: CHARITY DONATION | $273 |
SHRINERS HOSPITAL PURPOSE: CHARITY DONATION | $152 |
SHRINERS HOSPITAL PURPOSE: CHARITY DONATION | $152 |
Columbus, OH PURPOSE: CHARITY DONATION | $25 |
Columbus, OH PURPOSE: CHARITY DONATION | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Independent Colleges & Universities Benefits Association Inc Orlando, FL | $55,882,543 | $98,817,940 |
Early Learning Coalition Of Indian River Martin & Okeechobee Counties Stuart, FL | $1,642,203 | $20,708,038 |
Early Learning Coalition Of Marion County Inc Ocala, FL | $2,959,241 | $19,272,035 |
Eastern States Veterinary Association Inc Orlando, FL | $24,266,314 | $20,705,177 |
Alabama Education Association Inc Montgomery, AL | $11,369,391 | $16,688,773 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Downtown Miami Charter School Inc Miami, FL | $1,756,433 | $6,102,697 |
Florida Education Association Orlando, FL | $1,972,513 | $5,719,056 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |