The Iowa Oncology Society
- Assets
- $673.4k
- Revenue
- $279.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 42-1389336
Organization Overview
The Iowa Oncology Society is located in Rockville, MD. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Oncology 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, Iowa Oncology Society generated $279.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $252.5k during the year ending 12/2021. While expenses have increased by 6.3% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
- HOSTED A COLLABORATION WITH TWO OTHER SOCIETIES VIRTUAL MEETING TO EDUCATE IA MEMBERS ALONG WITH THE OTHER SOCIETIES MEMBERS ON PAYER ISSUES AND CHANGES TO RULES.- HOSTED A LIVE MEETING FOR MEMBERS WITH EDUCATION SESSIONS ON MANAGEMENT AND TREATMENT UPDATES.- HOSTED TWO EVENING SYMPOSIUMS FOR THE IOWA FELLOWS WITH EXPERTS WHO DISCUSSED THE LATEST IN ONCOLOGY, HEMATOLOGY, AND HEALTHCARE POLICY.- PROVIDED FUNDING FOR ASCO'S YOUNG INVESTIGATOR AWARD TO HELP PROMOTE EXCELLENCE IN ONCOLOGY RESEARCH.- IOS SUPPORTED AND PRODUCED AN EDUCATIONAL PROJECT ON GENETIC COUNSELORS USE IN IOWA THAT INCLUDED FOCUS GROUPS, MINI PODCAST, AND A WHITE PAPER TO BE PRODUCED IN 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leilah A Kuttah Secretary/treasurer | OfficerTrustee | 1 | $0 |
Susannah P Friemel President-Elect | OfficerTrustee | 1 | $0 |
Sakeer Hussain Past President | OfficerTrustee | 1 | $0 |
Matthew Obinna Nwaneri President | OfficerTrustee | 1 | $0 |
Shobha R Chitneni Board Member | Trustee | 1 | $0 |
Roscoe F Morton Board Member | Trustee | 1 | $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 | $220,424 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,424 |
| Total Program Service Revenue | $57,050 |
| Investment income | $2,299 |
| 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 | $279,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,400 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 | $115,010 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,145 |
| 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 | $2,086 |
| Information technology | $60 |
| 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 | $29,791 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $665 |
| All other expenses | $0 |
| Total functional expenses | $252,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $265,944 |
| 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 | $1,206 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $406,205 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $673,355 |
| Accounts payable and accrued expenses | $3,580 |
| Grants payable | $0 |
| Deferred revenue | $40,000 |
| 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 | $43,580 |
| Net assets without donor restrictions | $629,775 |
| 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 | $673,355 |
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