Western Carolina Medical Society Foundation Inc
- Assets
- $2.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Asheville, NC
- Founding
- 03/2014
- Data as of
- 12/2022
- EIN
- 45-5586998
Organization Overview
Western Carolina Medical Society Foundation Inc is located in Asheville, NC. The organization was established in 2014. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2022, Western Carolina Medical Society Foundation Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Carolina Medical Society Foundation Inc 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 12/2022, Western Carolina Medical Society Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WC MEDICAL SOCIETY'S MISSION IS TO ADVOCATE FOR HEALTHY COMMUNITIES, ADDRESS ISSUES OF ACCESS TO HEALTHCARE, FIGHT HEALTH INEQUITIES, AND PROMOTE WELLNESS IN WESTERN NORTH CAROLINA.
Describe the Organization's Program Activity:
DURING 2022, PROJECT ACCESS (PA) PROGRAM, PROVIDED DONATED SERVICES TO 2,327 PATIENTS. OUR NETWORK HAS 700 PHYSICIANS AND PROVIDERS. WE SERVED A TOTAL OF 521 NEW PATIENTS. PA HAS PROMOTED HEALTHCARE ACCESS WITH EQUITY AND INCLUSION, PROVIDING SERVICES TO BIPOLC POPULATION. OUR CURRENT APPLICATIONS ARE PRINTED IN LANGUAGES SUCH AS ENGLISH, SPANISH, RUSSIAN, AND UKRAINIAN INCLUDING THE SOCIAL DETERMINANTS OF HEALTH QUESTIONNAIRE FOR ALL OUR REFERRED PATIENTS. A TOTAL OF 269 PATIENTS WERE REFERRED TO RESOURCES IN THE COMMUNITY FOR TRANSPORTATION, FOOD, UTILITIES, INSURANCE ASSISTANCE, HOUSING AND LEGAL ASSISTANCE. WE REGISTERED REFERRALS FOR DURABLE MEDICAL EQUIPMENT FOR 5 PATIENTS.
DURING 2022, WCMS INTERPRETER NETWORK (WIN) SCHEDULED 5,065 APPOINTMENTS. WE PROVIDED A TOTAL OF 4,312 INTERPRETING SERVICES, WITH 765 FOR AMERICAN SIGN LANGUAGE (ASL) AND 3,547 FOR FOREIGN LANGUAGES. CANCELLATIONS OR UNFULFILLED JOBS TOTALED 753. WE SERVED FOUR COVID VACCINE EVENTS ORGANIZED BY BUNCOMBE COUNTY AND YMCA AS WELL AS FOUR COMMUNITY EVENTS ORGANIZED BY WNC-CRCSI AND THE MEXICAN CONSULATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eliza Quarles Chief Executive Officer | Officer | 40 | $86,785 |
Miriam Schwarz Departing CEO | Officer | 24 | $16,523 |
William Mclean MD Chair | OfficerTrustee | 2 | $0 |
Bronwyn Burleson Treasurer | OfficerTrustee | 2 | $0 |
Kathleen Rodberg Secretary | OfficerTrustee | 2 | $0 |
Aimee Riley MD Vice-Chair Elect | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $135,343 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $587,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $723,193 |
| Total Program Service Revenue | $562,467 |
| Investment income | $20,828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,000 |
| 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 | $1,318,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,470 |
| Grants and other assistance to domestic individuals. | $3,540 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,160 |
| Compensation of current officers, directors, key employees. | $15,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $451,414 |
| Pension plan accruals and contributions | $5,516 |
| Other employee benefits | $88,823 |
| Payroll taxes | $44,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,477 |
| Fees for services: Accounting | $19,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $1,869 |
| Fees for services: Other | $97,082 |
| Advertising and promotion | $9,320 |
| Office expenses | $63,158 |
| Information technology | $67,157 |
| Royalties | $0 |
| Occupancy | $12,228 |
| Travel | $53,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,819 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,944 |
| Insurance | $10,827 |
| All other expenses | $22,927 |
| Total functional expenses | $1,442,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $893,747 |
| Savings and temporary cash investments | $323,926 |
| Pledges and grants receivable | $68,767 |
| Accounts receivable, net | $251,951 |
| 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 | $48,433 |
| Net Land, buildings, and equipment | $204,088 |
| Investments—publicly traded securities | $367,551 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $183,215 |
| Total assets | $2,341,678 |
| Accounts payable and accrued expenses | $82,390 |
| Grants payable | $0 |
| Deferred revenue | $70,400 |
| 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 | $152,790 |
| Net assets without donor restrictions | $931,580 |
| Net assets with donor restrictions | $1,257,308 |
| 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 | $2,341,678 |
Grants Awarded
Over the last fiscal year, Western Carolina Medical Society Foundation Inc has awarded $90,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOUNTY AND SOUL PURPOSE: Nutrition counseling program | $20,000 |
MANNA FOODBANK PURPOSE: Food assistance | $20,000 |
PISGAH LEGAL SERVICES PURPOSE: Housing and food assistance | $50,000 |