Galens Medical Society
- Assets
- $709.0k
- Revenue
- $150.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 09/1983
- Data as of
- 06/2022
- EIN
- 38-2306598
Organization Overview
Galens Medical Society is located in Ann Arbor, MI. The organization was established in 1983. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galens Medical Society 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 06/2022, Galens Medical Society generated $150.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $117.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Galens Medical Society has awarded 13 individual grants totaling $105,827. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GALENS MEDICAL SOCIETY IS A SERVICE ORGANIZATION OF THE MEDICAL SCHOOL OF THE UNIVERSITY OF MICHIGAN. GALENS SERVES TO PROMOTE MEDICAL EDUCATION AND SCHOLARSHIP; TO PROVIDE LOANS, SCHOLARSHIPS, AND GRANTS-IN-AID FOR THE ASSISTANCE OF WORTHY AND DESERVING MEDICAL STUDENTS; TO ENGAGE IN CHARITABLE ACTIVITIES OF A PUBLIC NATURE, PARTICULARLY, BUT NOT LIMITED TO, CHARITIES FOR THE BENEFIT OF CHILDREN OF WASHTENAW COUNTY; TO FOSTER AND TO ENCOURAGE COOPERATION AND UNDERSTANDING BETWEEN THE FACULTY AND STUDENT BODY; AND TO FURTHER THE EDUCATIONAL TRADITIONS, ACTIVITIES, AND IDEAS OF THE MEDICAL SCHOOL OF THE UNIVERSITY OF MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE IN CHARITABLE ACTIVITIES OF A PUBLIC NATURE, PARTICULARLY CHARITIES FOR THE BENEFIT OF CHILDREN
PROMOTE MEDICAL EDUCATION AND SCHOLARSHIP; FOSTER AND ENCOURAGE COOPERATION AND UNDERSTANDING BETWEEN FACULTY AND STUDENTS; FURTHER THE EDUCATIONAL TRADITIONS, ACTIVITY AND IDEALS OF THE MEDICAL SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Engelke President | Officer | 7 | $0 |
Kallen Schwark Vice President | Officer | 5 | $0 |
Joshua Thariath Sr Treasurer | Officer | 4 | $0 |
Mary Crumbley Jr Treasurer | Officer | 3 | $0 |
Rachel Botbyl Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,295 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,091 |
| Total Program Service Revenue | $21,366 |
| Investment income | $19,376 |
| 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 | $150,833 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $77,678 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $117,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $690,770 |
| Savings and temporary cash investments | $0 |
| 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 | $18,241 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $709,011 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $102,912 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $606,099 |
| Total liabilities and net assets/fund balances | $709,011 |
Grants Awarded
Over the last fiscal year, Galens Medical Society has awarded $60,886 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS LITERACY NETWORK PURPOSE: As part of the Children's Literacy Network's mission, FLIP events are curriculum-based nights where families work together on fun literacy-based activities. Each family receives a nutritious meal at the event and goes home with a Power Food Pack. This purpose of this grant is to support these efforts. | $18,500 |
CAMP KESEM NATIONAL PURPOSE: The organization's project to fund PPE and medical care for campers is very congruent with Galens' desire to positively impact the lives of children in Washtenaw County. The purpose of this grant is to support these efforts. | $7,000 |
COMMUNITY ACTION NETWORK PURPOSE: Community Action Network (CAN) envisions the closing of socio-economic gaps through supportive programs & services and advocacy. The purpose of this grant is to support their efforts. The mission of CAN aligns with Galens Medical Society's goal of improving the lives of children in Washtenaw County. | $10,000 |
GIRLS GROUP INC PURPOSE: Girls Group provides a fun and meaningful student-led community-service learning project to 40 vulnerable and underserved young women in grades 9-12th. The grant awarded is to support Girls Group's mission which aligns with Galens Medical Society's goal of improving the lives of children in Washtenaw County. | $10,000 |
JEWISH FAMILY SERVICES OF WASHTENAW PURPOSE: As an agency in Washtenaw County that serves a diverse, international population, the mission of Jewish Family Services is to create solutions, promote dignity and inspire humanity. The grant awarded is to support JFS in their mission which aligns with Galens Medical Society's goal of improving the lives of children in Washtenaw County. | $9,956 |
WASHTENAW AREA COUNCIL FOR CHILDREN PURPOSE: The organization's project to fund safe sleeping spaces for Washtenaw County infants is very congruent with Galens' desire to positively impact the lives of children in Washtenaw County. This grant is to support the work of Washtenaw Area Council for Children. | $5,430 |