Michigan Podiatric Medical Association
- Assets
- $486.3k
- Revenue
- $642.1k
- Investments
- $100.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 06/1963
- Data as of
- 05/2022
- EIN
- 38-1577224
Organization Overview
Michigan Podiatric Medical Association is located in Lansing, MI. The organization was established in 1963. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Michigan Podiatric Medical Association 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 05/2022, Michigan Podiatric Medical Association generated $642.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $602.8k during the year ending 05/2022. While expenses have increased by 1.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PUBLIC AWARENESS, ENHANCE PHYSICIAN EDUCATION, AND ADVOCATE FOR ITS MEMBERS AND PROTECT THE PUBLIC HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE AND SPECIAL COMMITTEE MEETINGS. APPROXIMATELY 200 MEMBERS ATTEND THESE MEETINGS AND RECEIVE CERTIFIED CONTINUING EDUCATION CREDITS.
PUBLICATION OF NEWSLETTER
PEER REVIEW AND PUBLIC EDUCATION PROGRAMS. PROGRAMS PROVIDE FORMAL PROCESS OF PERIODIC REVIEW OF INDIVIDUAL PODIATRIST PRACTICE PROCEDURES FOR APPROXIMATELY 200 MEMBERS. PUBLIC EDUCATION PROGRAMS INFORM PUBLIC ABOUT THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zeeshan Husain President | Officer | 2 | $0 |
Hemant Patel Secretary | Officer | 2 | $0 |
Andrew Mastay President-Elect | Officer | 2 | $0 |
Bruce Jacob Treasurer | Officer | 1 | $0 |
Ahmad Farah Immediate Past President | Officer | 2 | $0 |
Derek Dalling Executive Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $389,515 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $390,515 |
| Total Program Service Revenue | $242,486 |
| Investment income | $6,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $642,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $187,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $923 |
| Fees for services: Lobbying | $48,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,166 |
| Advertising and promotion | $0 |
| Office expenses | $4,492 |
| Information technology | $26,357 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $825 |
| All other expenses | $0 |
| Total functional expenses | $602,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,559 |
| Savings and temporary cash investments | $296,659 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $486,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $8,131 |
| Total liabilities | $8,131 |
| Net assets without donor restrictions | $478,187 |
| 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 | $486,318 |
Grants Awarded
Over the last fiscal year, Michigan Podiatric Medical Association has awarded $36,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Lansing, MI PURPOSE: ADVOCACY | $23,500 |
HOUSE REPUBLICAN PARTY ADMIN ACCOUNT PURPOSE: ADVOCACY | $7,500 |
Bethesda, MD PURPOSE: 2017 SCHOLARSHIP FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Munson Medical Group Traverse City, MI | $5,420,169 | $18,561,332 |
American Bd Of Emergency Medicine East Lansing, MI | $44,767,678 | $20,372,727 |
Mary Free Bed Orthotics And Prosthetics Grand Rapids, MI | $19,898,229 | $18,562,852 |
Center For Eating Disorders & Psychotherapy Columbus, OH | $2,140,567 | $2,172,592 |
Indiana Dental Association Indianapolis, IN | $5,179,468 | $2,299,278 |
Compassion Health Toledo Toledo, OH | $799,071 | $928,207 |
Federation Of Clinical Immunology Societies Inc Menomonee Falls, WI | $2,311,977 | $1,428,545 |
Ohio Podiatric Medical Association Columbus, OH | $587,635 | $758,704 |
Ohio State Chiropractic Association Inc Columbus, OH | $426,692 | $751,666 |
World Allergy Organization Inc Milwaukee, WI | $1,767,548 | $667,016 |
Michigan Podiatric Medical Association Lansing, MI | $486,318 | $642,143 |
Ohio Osteopathic Association Columbus, OH | $1,265,183 | $712,677 |