First District Medical Society
- Assets
- $2.1k
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Aberdeen, SD
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-1449049
Organization Overview
First District Medical Society is located in Aberdeen, SD. The organization was established in 2014. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. First District 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 12/2021, First District Medical Society generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $721.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Luzier Vice President | 0 | $0 | |
Arlin Myrmoe President | 0 | $0 | |
Kara Dahl Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,273 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $445 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $721 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,101 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,101 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, First District Medical Society has awarded $2,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Aberdeen, SD PURPOSE: SCHOLARSHIPS | $2,500 |
Chamberlain, SD PURPOSE: GENERAL OPERATIONS | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Memorial Healthcenter Association Hartley, IA | $12,490,271 | $6,250,089 |
Eh Services Inc Saint Paul, MN | $3,146,077 | $4,831,668 |
South Dakota Lions Eye And Tissue Bank Inc Sioux Falls, SD | $6,657,515 | $6,770,090 |
Independent Living Choices Sioux Falls, SD | $4,914,691 | $4,172,485 |
Iowa Health Information Network La Vista, NE | $2,730,563 | $4,335,757 |
South Dakota Urban Indian Health Inc Sduih Pierre, SD | $2,836,800 | $3,549,609 |
Haiti Eye Mission Fargo, ND | $23,203 | $2,068,100 |
Exercisabilities Inc Rochester, MN | $1,848,752 | $2,102,087 |
Onamia Area Assisted Living Onamia, MN | $1,634,271 | $1,367,992 |
Heartland Rural Physician Alliance Inc West Des Moines, IA | $32,047 | $1,029,301 |
Northeast Iowa Medical Education Foundation Inc Waterloo, IA | $0 | $0 |
G-R Daycare Inc Reinbeck, IA | $1,021,344 | $1,174,469 |