Duval County Medical Society
- Assets
- $483.6k
- Revenue
- $447.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 59-0613659
Organization Overview
Duval County Medical Society is located in Jacksonville, FL. The organization was established in 1969. 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. Duval County Medical Society 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 12/2022, Duval County Medical Society generated $447.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $380.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PHYSICIANS CARE FOR THE HEALTH OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DUVAL COUNTY MEDICAL SOCIETY IS INDISPENSABLE TO THE DUVAL COUNTY PHYSICIAN COMMUNITY. THE CORE VALUES OF THE DCMS REPRESENT THE FOUR CRITICAL CONDITIONS FOR SUCCESS OF THE ORGANIZATION: EDUCATION: BRINGING NECESSARY INFORMATION TO ALLOW MEMBERS TO MEET CONTINUING EDUCATION NEEDS, STAY ON TOP OF CURRENT TRENDS, AND IMPROVE THE EFFICIENCY OF THEIR PRACTICES. ADVOCACY: WORKING WITH LOCAL, STATE, AND NATIONAL ELECTED OFFICIALS TO PROMOTE LEGISLATION WHICH PRESERVES THE RIGHTS OF MEMBERS TO PRACTICE MEDICINE, WHILE MAINTAINING HIGH STANDARDS OF CARE. HEALTHCARE QUALITY: WORKING WITH MEMBERS, HOSPITALS, GOVERNMENT AGENCIES AND OTHER GROUPS TO PROVIDE THE HIGHEST POSSIBLE HEALTHCARE QUALITY FOR RESIDENTS OF NORTH FLORIDA. OPERATIONAL EXCELLENCE: PROFESSIONAL STAFF CONTINUALLY STRIVING TO IMPROVE THE BENEFITS OF MEMBERSHIP AND THE FINANCIAL ABILITY OF THE ORGANIZATION TO SUPPORT MEMBERS AND FULFILL THE MISSION STATEMENT.
HOSTED A SERIES OF LEGAL AND REGULATORY VIRTUAL EDUCATIONAL PROGRAMS FOR THE MEMBERSHIP. HELD A VIRTUAL CONTINUING MEDICAL EDUCATION DAY TO ASSIST OUR MEMBERS WITH MEETING THEIR OBLIGATIONS FOR RELICENSURE. ADMINISTERED OUR LEADERSHIP ACADEMY PROVIDING LEADERSHIP SKILLS TRAINING TO EARLY CAREER PHYSICIANS FROM THE NAVY AND COMMUNITY BASED PHYSICIANS.
SECURED A PERSONAL PROTECTIVE EQUIPMENT SUPPLY CHAIN FOR OUR MEMBERS AND DISTRIBUTED FREE PROTECTIVE EQUIPMENT AND SUPPLIES TO OUR PHYSICIAN MEMBERS AND THEIR FAMILIES. THE ITEMS DISTRIBUTED INCLUDED FACE MASKS, FACE SHIELDS, SANITIZERS, GLOVES, THERMOMETERS AS WELL AS OTHER PROTECTIVE EQUIPMENT THAT WERE DIFFICULT TO PROCURE DURING THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Dobbertien DO President | OfficerTrustee | $0 | |
Elizabeth Devos MD Immediate Pa | OfficerTrustee | $0 | |
Steven Kailes MD President El | OfficerTrustee | $0 | |
Ali Kasraeian MD Vice Preside | OfficerTrustee | $0 | |
Ferdinand Formoso DO Vice-Preside | OfficerTrustee | $0 | |
Timothy Groover MD Secretary | OfficerTrustee | $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 | $447,928 |
| Investment income | $2 |
| 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 | $447,930 |
| 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 | $316,105 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,357 |
| Information technology | $708 |
| 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 | $40,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $213 |
| Insurance | $1,652 |
| All other expenses | $268 |
| Total functional expenses | $380,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,347 |
| Savings and temporary cash investments | $21,735 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $69,906 |
| 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 | $107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,536 |
| Total assets | $483,631 |
| Accounts payable and accrued expenses | $15,727 |
| Grants payable | $0 |
| Deferred revenue | $147,286 |
| 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 | $163,013 |
| Net assets without donor restrictions | $0 |
| 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 | $320,618 |
| Total liabilities and net assets/fund balances | $483,631 |