National Medical Association Inc
- Assets
- $10.8m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 13
- Location
- silver spring, MD
- Founding
- 03/1954
- Data as of
- 12/2021
- EIN
- 53-6010805
Organization Overview
National Medical Association Inc is located in silver spring, MD. The organization was established in 1954. 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 12/2021, National Medical Association Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Medical Association 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 12/2021, National Medical Association Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SCIENCE AND ART OF MEDICINE.
Describe the Organization's Program Activity:
ANNUAL SCIENTIFIC ASSEMBLY AND CONTINUING MEDICAL EDUCATION - ANNUAL SCIENTIFIC ASSEMBLY OF TWENTY FIVE MEDICAL SPECIALTY SECTIONS PROVIDES AN EDUCATIONAL FORUM FOR MEMBERS AND NON-MEMBERS TO DISCUSS CURRENT MEDICAL SCIENCE AND ISSUES AFFECTING UNDERSERVED POPULATIONS.
GRANTS AND SPECIAL PROGRAMS - PROGRAMS DESIGNED TO IMPROVE THE STATUS OF HEALTHCARE FOR UNDERSERVED POPULATIONS
PUBLICATIONS - MONTHLY JOURNAL PROVIDES MEMBERS AND SUBSCRIBERS WITH UP-TO-DATE INFORMATION ABOUT MEDICINE AND ISSUES AFFECTING UNDERSERVED POPULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Hamlette JD MPH Executive Dir. | Officer | 40 | $219,695 |
Leon Mcdougle MD President | Officer | 7 | $14,581 |
Rachel Villanueva Pres Elec | Officer | 7 | $10,415 |
Khadijah Lang MD Region 6 Chair | Trustee | 7 | $3,000 |
Mikki King Barker MD Board Chair | OfficerTrustee | 7 | $0 |
Brandi Freeman MD Speak. Hod | OfficerTrustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrated Systems Management Inc Program Consultant | 12/30/21 | $160,445 |
United Way Of New York City Consultant | 12/30/21 | $150,000 |
Inter Act Computer Systems Inc Audio Visual Svc | 12/30/21 | $172,693 |
A Fassano & Co Meeting Expo | 12/30/21 | $169,808 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,026,292 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,592,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,619,173 |
| Total Program Service Revenue | $1,870,816 |
| Investment income | $86,838 |
| 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 | $5,591,938 |
| 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. | $259,841 |
| Compensation of current officers, directors, key employees. | $96,141 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,525 |
| Payroll taxes | $55,184 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,669 |
| Fees for services: Accounting | $20,972 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,626 |
| Fees for services: Other | $1,696,724 |
| Advertising and promotion | $25,000 |
| Office expenses | $249,647 |
| Information technology | $44,895 |
| Royalties | $0 |
| Occupancy | $190,636 |
| Travel | $3,251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $450,557 |
| Interest | $11,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,986 |
| Insurance | $20,914 |
| All other expenses | $0 |
| Total functional expenses | $3,728,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $6,548,625 |
| Pledges and grants receivable | $245,496 |
| Accounts receivable, net | $215,467 |
| 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 | $40,997 |
| Net Land, buildings, and equipment | $4,658 |
| Investments—publicly traded securities | $3,728,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,273 |
| Total assets | $10,801,264 |
| Accounts payable and accrued expenses | $507,160 |
| Grants payable | $0 |
| Deferred revenue | $1,612,520 |
| 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 | $10,540 |
| Total liabilities | $2,130,220 |
| Net assets without donor restrictions | $6,613,829 |
| Net assets with donor restrictions | $2,057,215 |
| 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 | $10,801,264 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that National Medical Association Inc has recieved totaling $565,000.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: TO SUPPORT THE NATIONAL MEDICAL ASSOCIATION CLINICAL TRIALS COALITION | $250,000 |
Aarp Washington, DC PURPOSE: Sponsorship of webinar series | $75,000 |
Partnership Project Inc Washington, DC PURPOSE: PROGRAM SUPPORT | $50,000 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $50,000 |
American Medical Association Chicago, IL PURPOSE: HEALTH EQUITY STRATEGIC DEVELOPMENT GRANT | $50,000 |
Aetna Foundation Inc Hartford, CT PURPOSE: GENERAL PURPOSE | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drug Information Association Inc Washington, DC | $19,738,468 | $18,905,794 |
Hospital & Healthsystem Association Of Pennsylvania Inc Harrisburg, PA | $39,402,736 | $15,435,491 |
Community Health Accreditation Program Inc Arlington, VA | $22,682,316 | $18,320,268 |
Plasma Protein Therapeutics Association Annapolis, MD | $7,828,244 | $13,003,501 |
American Podiatric Medical Assoc Bethesda, MD | $21,176,179 | $13,540,711 |
Association Of Womens Health Obstetric And Neonatal Nurses Washington, DC | $13,892,759 | $13,409,366 |
Maryland Hospital Association Incorporated Elkridge, MD | $38,009,436 | $21,113,999 |
American Health Law Association Washington, DC | $23,085,368 | $9,214,718 |
Parenteral Drug Association Inc Bethesda, MD | $14,078,226 | $8,044,773 |
National Pharmaceutical Council Inc Washington, DC | $24,620,287 | $8,284,643 |
Pennsylvania Medical Society Mechanicsburg, PA | $213,365,446 | $23,943,781 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |