North Carolina Pyschiatric Assoc
- Assets
- $745.9k
- Revenue
- $445.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Raleigh, NC
- Founding
- 08/1978
- Data as of
- 04/2023
- EIN
- 56-1196167
Organization Overview
North Carolina Pyschiatric Assoc is located in Raleigh, NC. The organization was established in 1978. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2023, North Carolina Pyschiatric Assoc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Pyschiatric Assoc 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 04/2023, North Carolina Pyschiatric Assoc generated $445.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $491.8k during the year ending 04/2023. While expenses have increased by 1.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SCIENCE, ART AND PRACTICE OF PSYCHIATRY AND TO MAINTAIN HIGH PROFESSIONAL STANDARDS IN THIS FIELD IN THE STATE OF NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
255 PEOPLE ATTENDED OUR 2022 ANNUAL MEETING AND SCIENTIFIC SESSION, WHICH TOOK PLACE IN ASHEVILLE IN SEPTEMBER 2022. ALL OF THESE WERE PSYCHIATRIC PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS. ONE OF NCPA'S MISSIONS IS TO PROMOTE THE SCIENCE, ART AND PRACTICE OF PSYCHIATRY.
NCPA MAINTAINS AND REVISES ITS WEBSITE AND PUBLISHES COMMUNICATIONS FOR ITS NEARLY 1,000 MEMBERS. THESE COMMUNICATION VEHICLES INCLUDE RESOURCES FOR MEMBERS TO AID IN THEIR PRACTICE AND TO PROVIDE INFORMATION ON POLICY AND HEALTHCARE CHANGES. THE WEBSITE ALSO INCLUDES SECTIONS FOR THE GENERAL PUBLIC WITH RESOURCES AND A SEARCHABLE DATABASE FOR LOCATING PHYSICIANS ACROSS THE STATE. THE PRINT NEWSLETTER IS PRINTED QUARTERLY AND MAILED TO MEMBER HOMES/OFFICES FOR THE PURPOSE OF PROVIDING IN-DEPTH COVERAGE OF CLINICAL AND POLICY ISSUES FOR MEMBERS AND ENHANCING MEMBER VALUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Huffman Executive Dir. | Officer | 40 | $113,292 |
Stephen E Buie MD Board Member | Trustee | 0.25 | $0 |
Anna Dorsett MD Board Member | Trustee | 0.25 | $0 |
Nina Burruss MD Board Member | Trustee | 0.25 | $0 |
James Jenson MD Board Member | Trustee | 0.25 | $0 |
Daniel Majarwitz MD Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $192,177 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,709 |
| Total Program Service Revenue | $233,775 |
| Investment income | $17,127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$62,098 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,114 |
| 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. | $130,284 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,659 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,161 |
| Payroll taxes | $18,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,659 |
| Fees for services: Lobbying | $6,513 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,292 |
| Advertising and promotion | $0 |
| Office expenses | $13,146 |
| Information technology | $8,119 |
| Royalties | $0 |
| Occupancy | $3,335 |
| Travel | $3,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $139,811 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,107 |
| Insurance | $886 |
| All other expenses | $0 |
| Total functional expenses | $491,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,087 |
| 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 | $2,667 |
| Net Land, buildings, and equipment | $3,306 |
| Investments—publicly traded securities | $601,184 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,618 |
| Total assets | $745,862 |
| Accounts payable and accrued expenses | $24,931 |
| Grants payable | $0 |
| Deferred revenue | $29,075 |
| 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 | $54,006 |
| Net assets without donor restrictions | $691,856 |
| 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 | $745,862 |