Twin Cities Medical Society
- Assets
- $1.4m
- Revenue
- $782.4k
- Investments
- $84.5k
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 01/1939
- Data as of
- 12/2021
- EIN
- 41-0308140
Organization Overview
Twin Cities Medical Society is located in Roseville, MN. The organization was established in 1939. 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. Twin Cities 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 12/2021, Twin Cities Medical Society generated $782.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $897.9k during the year ending 12/2021. While expenses have increased by 4.7% 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
TO CONNECT, REPRESENT, AND ENGAGE PHYSICIANS IN IMPROVING THE PRACTICE OF MEDICINE, POLICY DEVELOPMENT AND PUBLIC HEALTH INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWIN CITIES MEDICAL SOCIETY SERVES AS THE LOCAL/GRASSROOTS VOICE OF PHYSICIANS ON HEALTH CARE LEGISLATION, PUBLIC POLICY INITIATIVES, PUBLIC HEALTH INITIATIVES AND SCOPE OF PRACTICE ISSUES.
METRODOCTORS IS THE MEMBERSHIP JOURNAL OF THE TWIN CITIES MEDICAL SOCIETY. IT IS DESIGNED TO FEATURE ARTICLES OF INTEREST TO PHYSICIANS REGARDING THE ECONOMICS OF MEDICINE, ADVANCEMENTS IN TECHNOLOGY, EDUCATION AND HEALTHCARE LEGISLATION. THE GOALS, OBJECTIVES AND SERVICES OF THE ORGANIZATION ARE ALSO PROMOTED.
THE PHYSICIAN ADVOCACY NETWORK(PAN) IS COMMITTED TO EDUCATING PHYSICIANS AND MEDICAL STUDENTS ABOUT E-CIGARETTES AND OTHER TOBACCO PRODUCTS, ENGAGING THEM IN TOBACCO POLICY DECISIONS, AND EMPOWERING THEM TO BECOME LEADERS IN REDUCING TOBACCO USE IN MINNESOTA. THE GOAL OF PAN IS TO DEVELOP A STATEWIDE NETWORK OF PHYSICIANS AND MEDICAL STUDENTS TRAINED TO ADVOCATE FOR PATIENTS IN THE EXAM ROOM AND IN FRONT OF ELECTED OFFICIALS AT THE CITY, COUNTY, AND STATE LEVEL TO AFFECT CHANGE BEYOND THE CONSTRAINTS OF HEALTHCARE SYSTEMS. AS PART OF THIS WORK, THE PAN ALSO WORKS TO EDUCATE AND ENGAGE HEALTH SCIENCES STUDENTS OF ALL DISCIPLINES IN TOBACCO PREVENTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Greiner MD Past-President | OfficerTrustee | 1 | $0 |
Cora Walsh MD Secretary | OfficerTrustee | 1 | $0 |
Zeke Mckinney MD President - Elect | OfficerTrustee | 1 | $0 |
Alex Feng MD Treasurer | OfficerTrustee | 1 | $0 |
Sarah Traxler MD President | OfficerTrustee | 1 | $0 |
Ruth Parriott CEO Through February, 2021 | Officer | 40 | $0 |
Financial Statements
| 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 | $5,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,128 |
| Total Program Service Revenue | $769,221 |
| Investment income | $8,033 |
| 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 | $782,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $162,342 |
| 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 | $30,970 |
| Fees for services: Accounting | $5,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,889 |
| Fees for services: Other | $108,171 |
| Advertising and promotion | $2,548 |
| Office expenses | $18,833 |
| Information technology | $1,261 |
| Royalties | $0 |
| Occupancy | $9,942 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,684 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $897,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,439 |
| Savings and temporary cash investments | $41,981 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $104,572 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $775 |
| Prepaid expenses and deferred charges | $8,378 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $625,516 |
| Investments—other securities | $84,453 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $461,923 |
| Total assets | $1,384,037 |
| Accounts payable and accrued expenses | $142,964 |
| Grants payable | $0 |
| Deferred revenue | $14,399 |
| 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 | $411,016 |
| Total liabilities | $568,379 |
| Net assets without donor restrictions | $815,658 |
| 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 | $1,384,037 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Twin Cities Medical Society has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Group Health Plan Inc Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board Of Veterinary Medical Examinors Bismarck, ND | $13,802,610 | $7,723,200 |
Minnesota Medical Association Minneapolis, MN | $26,567,946 | $4,234,850 |
Minnesota Dental Association Minneapolis, MN | $9,264,226 | $3,350,687 |
American Board Of Neurological Surgery Rochester, MN | $12,646,232 | $4,755,830 |
Iowa Medical Society Des Moines, IA | $8,413,197 | $2,540,807 |
South Dakota State Medical Association Sioux Falls, SD | $10,781,756 | $1,840,981 |
Federation Of Clinical Immunology Societies Inc Menomonee Falls, WI | $2,311,977 | $1,428,545 |
Iowa Dental Association Genl Fund Des Moines, IA | $1,346,635 | $1,178,998 |
Twin Cities Medical Society Roseville, MN | $1,384,037 | $782,382 |
Academy Of Neurologic Physical Therapy Inc Roseville, MN | $2,802,428 | $712,000 |
World Allergy Organization Inc Milwaukee, WI | $1,767,548 | $667,016 |
South Dakota Dental Association Pierre, SD | $927,015 | $722,720 |