Academy Of Medicine Of Cleveland
- Assets
- $750.2k
- Revenue
- $230.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Independence, OH
- Founding
- 03/1957
- Data as of
- 12/2021
- EIN
- 34-0051440
Organization Overview
Academy Of Medicine Of Cleveland is located in Independence, OH. The organization was established in 1957. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2021, Academy Of Medicine Of Cleveland employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Medicine Of Cleveland 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, Academy Of Medicine Of Cleveland generated $230.0k 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 (6.0%) each year. All expenses for the organization totaled $303.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL MEDICAL SOCIETY FOR PHYSICIANS IN CUYAHOGA COUNTY, OHIO
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE TO MEMBERS VIA EDUCATIONAL PROGRAMS, OMBUDSMAN SERVICES, REFFERALS, PEER REVIEW, COMMUNITY PROJECTS, ADMIN. SERVICE FOR SPECIALTY SOCIETIES, LIAISON WITH STATE & FEDERAL GOVT. OFFICES, COMMUNICATIONS IN LEGISLATIVE & PRACTICE MGMT.
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 |
|---|---|---|---|
Jennifer Johns Executive Director | Officer | 40 | $117,154 |
Kristin Englund MD President | OfficerTrustee | 0.2 | $0 |
Gerard Isenberg MD President-Elect | OfficerTrustee | 0.2 | $0 |
Marie Schaefer MD Secretary & Treasurer | OfficerTrustee | 0.2 | $0 |
Jianguo Cheng MD Director | Trustee | 0.2 | $0 |
Shirisha Avadhanula MD Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,730 |
| Total Program Service Revenue | $165,729 |
| Investment income | $1,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,327 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,991 |
| 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. | $120,669 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,162 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,265 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,400 |
| Advertising and promotion | $2,389 |
| Office expenses | $11,314 |
| Information technology | $3,744 |
| Royalties | $0 |
| Occupancy | $23,775 |
| Travel | $2,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,779 |
| Insurance | $3,016 |
| All other expenses | $672 |
| Total functional expenses | $303,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,316 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $450 |
| 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 | $15,798 |
| Investments—publicly traded securities | $660,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,828 |
| Total assets | $750,155 |
| Accounts payable and accrued expenses | $19,225 |
| Grants payable | $0 |
| Deferred revenue | $92,780 |
| 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 | $112,005 |
| Net assets without donor restrictions | $435,720 |
| Net assets with donor restrictions | $202,430 |
| 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 | $750,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Level Seven International Ann Arbor, MI | $18,403,189 | $9,574,871 |
Oncology Nursing Certification Corporation Pittsburgh, PA | $30,647,923 | $6,985,163 |
Physicians Careconnection Columbus, OH | $1,377,332 | $3,344,738 |
Open Door Living Association Inc Eastpointe, MI | $615,249 | $2,754,854 |
Pennsylvania Health Care Association Harrisburg, PA | $6,880,480 | $2,500,484 |
The North American Menopause Society Pepper Pike, OH | $8,226,136 | $3,121,083 |
Foundation For A Healthy Kentucky Inc Louisville, KY | $67,281,694 | $4,356,943 |
Health Quality Partners Doylestown, PA | $671,332 | $2,231,853 |
Henry Ford Health System Government Affairs Services Detroit, MI | $94,836 | $1,205,905 |
Disability Network West Michigan Muskegon, MI | $437,673 | $1,273,148 |
Healthcare Alliance Of Greater Ohio Akron, OH | $260,655 | $1,038,047 |
Rural Health Innovation Collaborative Inc Terre Haute, IN | $1,078,302 | $1,101,562 |