Psychiatric Society Of Va Inc
- Assets
- $573.7k
- Revenue
- $163.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 04/1968
- Data as of
- 12/2021
- EIN
- 54-0829762
Organization Overview
Psychiatric Society Of Va Inc is located in Richmond, VA. The organization was established in 1968. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psychiatric Society Of VA Inc 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 12/2021, Psychiatric Society Of VA Inc generated $163.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $168.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE SCIENCE AND PROGRESS OF PSYCHIATRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPRING AND FALL MEETINGS PROVIDE A FORUM FOR THE INTERCHANGE OF INFORMATION RELATED TO PSYCHIATRY
NEWSLETTER PUBLICATION AVAILABLE TO MEMBERS RELAYS CURRENT INFORMATION ABOUT PSYCHIATRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherin Moideen MD President | OfficerTrustee | 2 | $0 |
Ajay Kuchibhatla MD Secretary | OfficerTrustee | 2 | $0 |
Kara Beatty MD President-Elect | OfficerTrustee | 2 | $0 |
Karl Northwall MD Treasurer | OfficerTrustee | 2 | $0 |
Stephen G Cunningham MD Immediate Past President | OfficerTrustee | 2 | $0 |
John Urbach MD Past President | OfficerTrustee | 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 | $121,792 |
| Investment income | $26,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,348 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $163,491 |
| 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. | $0 |
| 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 | $0 |
| Fees for services: Management | $48,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $3,781 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,139 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,165 |
| Information technology | $9,437 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,711 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $168,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,516 |
| Savings and temporary cash investments | $400 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,936 |
| 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 | $1,738 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $513,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $573,698 |
| Accounts payable and accrued expenses | $911 |
| Grants payable | $0 |
| Deferred revenue | $63,809 |
| 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 | $64,720 |
| Net assets without donor restrictions | $508,978 |
| 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 | $573,698 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Psychiatric Society Of Va Inc has recieved totaling $7,727.
| Awarding Organization | Amount |
|---|---|
American Psychiatric Association Washington, DC PURPOSE: DB EXPEDITED GRANT- MEMBERSHIP RECRUITMENT, AND DB INNOVATIVE GRANT-PROPOSES CREATING A MOBILE APP TO COMMUNICATE WITH THE VIRGINIA SOCIETY MEMBERS AND NON-MEMBER PSYCHIATRISTS ON RELEVANT MEMBERSHIP AND GOVERNMENTAL AFFAIRS INFORMATION. THIS WOULD CREATE A MOBILE RESPONSIVE WAY OF PUSHING INFORMATION OUT TO THE MEMBERSHIP IN ADDITION TO POSTING INFORMATION ON THE PSV WEBSITE, IN THE PSV NEWSLETTER AND MAILING IT OUT TO MEMBERS. | $7,727 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |