Council Of Medical Specialty Societies is located in Chicago, IL. The organization was established in 1976. As of 12/2021, Council Of Medical Specialty Societies employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Of Medical Specialty Societies 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 12/2021, Council Of Medical Specialty Societies generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING AND STRENGTHENING MEMBER SOCIETIES TO ADDRESS FUTURE CHALLENGES. CATALYZING IMPROVEMENT THROUGH CONVENING, COLLABORATION, COLLECTIVE VOICE AND ACTION ACROSS SPECIALTIES. PROVIDING A PROACTIVE PLATFORM TO ASSESS AND ADDRESS EMERGING AND CRITICAL ISSUES ACROSS SPECIALTY SOCIETIES THAT INFLUENCE THE FUTURE OF HEALTHCARE AND THE PATIENTS WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CMSS MAIN PURPOSE IS TO PROVIDE A FORUM FOR COLLABORATION TO INFLUENCE THE FUTURE OF HEALTHCARE, MEDICAL EDUCATION AND ACCREDITATION FROM A BROAD, CROSS-SPECIALTY PERSPECTIVE. CMSS IS THE UNIFIED VOICE FOR SPECIALTY SOCIETIES ESTABLISHED TO IMPROVE THE US HEALTHCARE SYSTEM AND HEALTH OF THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helen Burstin MD CEO | Officer | 40 | $544,559 |
Martha Liggett ESQ President | OfficerTrustee | 2 | $0 |
Michael Sheppard President-Elect | OfficerTrustee | 1.5 | $0 |
Darilyn Moyer MD Past President | OfficerTrustee | 1.5 | $0 |
Thomas Stautzenbach Treasurer | OfficerTrustee | 1.5 | $0 |
Bill Thorwarth MD Secretary | OfficerTrustee | 1.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bostrom Corporation Management Company | 12/30/18 | $385,972 |
The Blackstone Hotel Hotel Services | 12/30/18 | $128,896 |
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 | $486,028 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $486,028 |
Total Program Service Revenue | $1,307,020 |
Investment income | $32,693 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $15,947 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,843,688 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $328,722 |
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. | $576,358 |
Compensation of current officers, directors, key employees. | $403,451 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $85,000 |
Pension plan accruals and contributions | $3,604 |
Other employee benefits | $3,376 |
Payroll taxes | $23,868 |
Fees for services: Management | $353,534 |
Fees for services: Legal | $539 |
Fees for services: Accounting | $9,015 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,016 |
Fees for services: Other | $123,818 |
Advertising and promotion | $0 |
Office expenses | $30,310 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,166 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $35,467 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,642,091 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,713,752 |
Savings and temporary cash investments | $24,492 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $413,394 |
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 | $13,408 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,676,794 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,257 |
Total assets | $3,906,097 |
Accounts payable and accrued expenses | $416,018 |
Grants payable | $0 |
Deferred revenue | $1,255,926 |
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 | $64,257 |
Total liabilities | $1,736,201 |
Net assets without donor restrictions | $2,169,896 |
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 | $3,906,097 |
Over the last fiscal year, Council Of Medical Specialty Societies has awarded $323,220 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: CMSS will work with this subspecialty society which cares for high-risk patients to focus more intensively on how best to systematize routine delivery of adult vaccination at the subspecialty level. | $139,997 |
Chicago, IL PURPOSE: Joint effort to identify possible ways to help increase the number of under-represented in medicine physicians in hospitals and academic medical centers. | $83,734 |
Elk Grove Village, IL PURPOSE: CMSS will work with this subspecialty society which cares for high-risk patients to focus more intensively on how best to systematize routine delivery of adult vaccination at the subspecialty level. | $33,065 |
Washington, DC PURPOSE: Sponsorship | $25,000 |
New York, NY PURPOSE: CMSS will work with this subspecialty society which cares for high-risk patients to focus more intensively on how best to systematize routine delivery of adult vaccination at the subspecialty level. | $21,153 |
AMERICAN ASSOCIATION OF CLINICAL ENDOCRINOLOGY INC PURPOSE: CMSS will work with this subspecialty society which cares for high-risk patients to focus more intensively on how best to systematize routine delivery of adult vaccination at the subspecialty level. | $20,271 |
Over the last fiscal year, we have identified 1 grants that Council Of Medical Specialty Societies has recieved totaling $1,257,247.
Awarding Organization | Amount |
---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: TO DEVELOP, LAUNCH, AND MONITOR A COMPETITIVE GRANT PROGRAM FOR TEN MEDICAL SPECIALTY SOCIETIES TO SUPPORT THE DEVELOPMENT OF RESOURCES AND PROGRAMS FOCUSED ON DIAGNOSTIC EXCELLENCE. | $1,257,247 |
Organization Name | Assets | Revenue |
---|---|---|
American College Of Sports Medicine Inc Indianapolis, IN | $12,221,630 | $9,481,341 |
Musser-Davis Land Company Kansas City, MO | $17,498,776 | $1,666,095 |
University Medical Foundation Inc Louisville, KY | $12,425,544 | $1,582,627 |
Wisconsin School Of Professional Psychology Inc Milwaukee, WI | $2,955,587 | $1,856,092 |
Council Of Medical Specialty Societies Chicago, IL | $3,906,097 | $1,843,688 |
American College Of Sports Medicine Indianapolis, IN | $2,135,970 | $586,582 |
American College Of Sports Medicine Foundation Incorporated Indianapolis, IN | $4,709,616 | $682,964 |
Sarah C Upham Clinic Tr 2 P10303009 Chicago, IL | $7,388,989 | $410,128 |
American College Of Medical Quality Lombard, IL | $201,349 | $238,231 |
Chicago Committee On Trauma Of The American College Of Surgeons Bolingbrook, IL | $129,114 | $391,129 |
Cedar Rapids Medical Education Foundation Cedar Rapids, IA | $89,049 | $206,062 |
Lexington Clinic Foundation For Medical Education And Research Inc Lexington, KY | $676,643 | $195,952 |