Cleveland Medical Library Association
- Assets
- $8.7m
- Revenue
- $744.8k
- Investments
- $7.7m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 01/1946
- Data as of
- 06/2021
- EIN
- 34-0151200
Organization Overview
Cleveland Medical Library Association is located in Cleveland, OH. The organization was established in 1946. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland Medical Library Association 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, Cleveland Medical Library Association generated $744.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $650.6k during the year ending 06/2021. 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 Mission:
Part 3 - Line 1
OVERSEE THE ALLEN MEMORIAL MEDICAL LIBRARY AND THE DITTRICK MEDICAL HISTORY CENTER AND MUSEUM (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATION OF ALL CMLA'S INVESTMENT POOL AND PRENTISS FUND AND CONTRIBUTIONS TO CWRU UNDER AN AGREEMENT AS LAST AMENDED IN JULY 1997.
CWRU COLLECTS AND MAINTAINS ALL OF CMLA'S INTEREST IN MEMBERS AND AFFILIATES DUES AND MEMBER FEES. NO EXPENSES ARE SEPARATELY INCURRED BY CMLA.
ALLOCATION OF ALL CMLA'S INVESTMENT POOL AND PRENTISS FUND AND CONTRIBUTIONS TO CWRU UNDER AN AGREEMENT AS LAST AMENDED IN JULY 1997.
CWRU COLLECTS AND MAINTAINS ALL OF CMLA'S INTEREST IN MEMBERS AND AFFILIATES DUES AND MEMBER FEES. NO EXPENSES ARE SEPARATELY INCURRED BY CMLA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Kent Smith MD Trustee | 1 | $0 | |
Anthony Tizzano MD President | 1 | $0 | |
Sharon Stephula MBA Msn RN Secretary/treasurer | 1 | $0 | |
Arielle J Lester JD MA Trustee | 1 | $0 | |
Donald Kurlander MD Trustee | 1 | $0 | |
Daniel T Weidenthal MD Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $403,208 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,815 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $280,579 |
| Capital Gain Net Income | $280,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,180 |
| Total Revenue | $744,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,691 |
| Total operating and administrative expenses | $60,572 |
| Contributions, gifts, grants paid | $590,048 |
| Total expenses and disbursements | $650,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $505 |
| Savings and temporary cash investments | $345,315 |
| 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 | $1,671 |
| Net Land, buildings, and equipment | $275,570 |
| Other assets | $360,648 |
| Total assets | $8,721,738 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Endowment Analysis
| Beg. Balance | $6,360,889 |
| Earnings | -$1,887 |
| Grants | $295,713 |
| Ending Balance | $6,063,289 |
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