Maryland Nurses Association Inc
- Assets
- $1.2m
- Revenue
- $540.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Owings Mills, MD
- Founding
- 09/1977
- Data as of
- 06/2022
- EIN
- 52-0405035
Organization Overview
Maryland Nurses Association Inc is located in Owings Mills, MD. The organization was established in 1977. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2022, Maryland Nurses Association Inc employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Maryland Nurses Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Maryland Nurses Association Inc generated $540.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $410.3k during the year ending 06/2022. While expenses have increased by 2.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION'S PRINCIPAL MISSION AND PURPOSE IS TO FOSTER HIGH STANDARDS FOR THE NURSING PROFESSION AND TO PROMOTE THE PROFESSIONAL EDUCATION ADVANCEMENT FOR NURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES EXCELLENCE IN THE NURSING PROFESSION, PROVIDES PROGRAM AND EDUCATIONAL DEVELOPMENT, AND ADVOCATES FOR POLICY SUPPORTING THE HIGHEST QUALITY HEALTHCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Wood PHD RN Msn MBA Director | OfficerTrustee | 3 | $0 |
Christie Simon-Waterman Dnp Crnprn President | OfficerTrustee | 3 | $0 |
Barbara Biedrzycki Phdrnmsncrnp Secretary | OfficerTrustee | 3 | $0 |
Donna C Downing-Corddry RN Director | Trustee | 2 | $0 |
Janice Agazio Phdcrnprnfaanpfaan Treasurer | OfficerTrustee | 3 | $0 |
Nayna Philipsenjd PHD RN Cfe Director | Trustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $431,910 |
| Investment income | $65,197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,455 |
| Net Income from Fundraising Events | $8,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $391 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,772 |
| Pension plan accruals and contributions | $6,300 |
| Other employee benefits | $8,343 |
| Payroll taxes | $17,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $68,154 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,896 |
| Fees for services: Other | $14,397 |
| Advertising and promotion | $0 |
| Office expenses | $8,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,442 |
| Travel | $738 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,715 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,920 |
| Insurance | $4,559 |
| All other expenses | $29 |
| Total functional expenses | $410,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,188 |
| Savings and temporary cash investments | $47,781 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,103 |
| 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 | $5,286 |
| Net Land, buildings, and equipment | $934 |
| Investments—publicly traded securities | $691,404 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,667 |
| Total assets | $1,157,363 |
| Accounts payable and accrued expenses | $16,466 |
| Grants payable | $0 |
| Deferred revenue | $27,713 |
| 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 | $44,179 |
| Net assets without donor restrictions | $1,113,184 |
| 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 | $1,157,363 |