American Podiatric Medical Students Association
- Assets
- $1.2m
- Revenue
- $217.5k
- Investments
- $1.1m
- Employees
- 1
- Location
- Saint Paul, MN
- Founding
- 09/1983
- Data as of
- 06/2022
- EIN
- 52-1259270
Organization Overview
American Podiatric Medical Students Association is located in Saint Paul, MN. The organization was established in 1983. 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. American Podiatric Medical Students Association 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 06/2022, American Podiatric Medical Students Association generated $217.5k 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 (5.9%) each year. All expenses for the organization totaled $315.4k during the year ending 06/2022. 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
THE ASSOCIATION PROTECTS AND ADVANCES THE RIGHTS, INTERESTS AND WELFARE OF PODIATRIC MEDICAL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION OF PODIATRIC MEDICAL STUDENTS' INTERESTS AND POSITIONS TO THE GENERAL MEDICAL COMMUNITY AND INSTITUTIONS RESPONSIBLE FOR DEVELOPING AND OVERSEEING PODIATRIC MEDICAL AND SURGICAL EDUCATION AND TRAINING.
DEVELOPMENT OF COMMUNICATIONS AND MARKETING MATERIAL TO PROMOTE APMSA AND ITS MEMBER BENEFITS.
ELEVATE THE EDUCATION AND TRAINING OF PODIATRIC MEDICAL STUDENTS THROUGH IN-PERSON AND VIRTUAL EVENTS AND WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Keith Executive Director | Officer | 40 | $98,401 |
Nhan Tran President | OfficerTrustee | 1 | $0 |
Karan Sharma President-Elect | OfficerTrustee | 1 | $0 |
Tassawar Farooq Treasurer | OfficerTrustee | 1 | $0 |
Marit Sivertson Executive Director | Officer | 40 | $0 |
Eyad Xoubi Aacpm Liaison | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $180,991 |
| 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 | $180,991 |
| Total Program Service Revenue | $25,000 |
| Investment income | $11,514 |
| 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 | $217,505 |
| 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. | $35,617 |
| 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 | $2,725 |
| Fees for services: Management | $133,750 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,118 |
| Fees for services: Other | $10,426 |
| Advertising and promotion | $5,938 |
| Office expenses | $1,141 |
| Information technology | $2,459 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $43,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,788 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $25 |
| Total functional expenses | $315,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,271 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,062,254 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,150,525 |
| Accounts payable and accrued expenses | $12,477 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $12,477 |
| Net assets without donor restrictions | $1,138,048 |
| 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 | $1,150,525 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Podiatric Medical Students Association has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
American Podiatric Medical Assoc Bethesda, MD PURPOSE: OPERATIONAL GRANT | $25,000 |
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 |