Illinois Osteopathic Medical Society
- Assets
- $274.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 01/1956
- Data as of
- 09/2022
- EIN
- 36-6065503
Organization Overview
Illinois Osteopathic Medical Society is located in Springfield, IL. The organization was established in 1956. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Osteopathic Medical Society 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 09/2022, Illinois Osteopathic Medical Society generated $46.5k 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 (18.6%) each year. All expenses for the organization totaled $53.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
-PROVIDED CONTINUING MEDICAL EDUCATION ACROSS THE STATE OF ILLINOIS TO HELP MEMBERS MEET CAREER GOALS.-MONITORED LEGISLATION IMPORTANT TO THE OSTEOPATHIC MEDICAL COMMUNITY. VOLUNTEERED MEDICAL EXPERTISE TO STATE PANELS. MET WITH LEGISLATORS TO SHARE THE PHYSICIAN PERSPECTIVE ON HEALTH CARE POLICY ISSUES. -PROVIDED PROFESSIONAL SUPPORT THROUGH THE ILLINOIS INSIGHTS NEWSLETTER AND THE MAINTENANCE OF WEB RESOURCES. -REPRESENTED OUR MEMBERSHIP TO VARIOUS GOVERNMENT AND PROFESSIONAL ORGANIZATIONS. -ANSWERED QUESTIONS ABOUT MEDICAL LICENSING AND LEGISLATIVE/REGULATORY ACTIVITIES AFFECTING OSTEOPATHIC MEDICAL PRACTICES. -SUPPORTED POSTGRADUATES IN TRAINING THROUGH OUR WEBSITE, SEMINARS, AND MEETINGS. -SUPPORTED OSTEOPATHIC MEDICAL STUDENTS THROUGH STUDENT WORKSHOPS, AWARDS, AND ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Huntington-Alfano DO President | 5 | $0 | |
Michael Chipman DO Vice President | 2 | $0 | |
Bryan R Sweeney DO Treasurer | 5 | $0 | |
Naresh Chandan DO Trustee | 2 | $0 | |
Ralph Naftaly DO Past President | 5 | $0 | |
Nikhil Bhargava DO Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,713 |
| Membership dues | $26,801 |
| Investment income | $7,974 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,488 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $32,750 |
| Occupancy, rent, utilities, and maintenance | $387 |
| Printing, publications, postage, and shipping | $1,306 |
| Other expenses | $18,920 |
| Total expenses | $53,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $274,791 |
| Other assets | $0 |
| Total assets | $274,791 |
| Total liabilities | $13,560 |
| Net assets or fund balances | $261,231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Accreditation Of Ambulatory Surger Gurnee, IL | $14,762,694 | $10,355,412 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
American Dental Hygientists Association Chicago, IL | $4,138,948 | $5,518,461 |
National Certification Corporation For Obstetric Gynecologic & Neonat Chicago, IL | $33,466,629 | $9,072,961 |
Orthopedic Foundation For Animals Columbia, MO | $9,920,954 | $4,913,503 |
Orthopedic Trauma Association Inc Rosemont, IL | $18,754,777 | $3,722,577 |
American Board Of Preventive Medicine Chicago, IL | $17,000,125 | $5,893,663 |
Kentucky Medical Assn Louisville, KY | $5,977,584 | $2,527,003 |
Indiana Dental Association Indianapolis, IN | $5,179,468 | $2,299,278 |
Iowa Medical Society Des Moines, IA | $8,413,197 | $2,540,807 |
American Dental Society Of Anesthesiology Inc Chicago, IL | $2,512,585 | $2,095,599 |
American Osteopathic Foundation Inc Chicago, IL | $19,265,366 | $3,314,044 |