Florida Osteopathic Medical Association
- Assets
- $10.0m
- Revenue
- $3.2m
- Investments
- $3.0m
- Employees
- 9
- Location
- Tallahassee, FL
- Founding
- 11/1946
- Data as of
- 09/2023
- EIN
- 59-0730737
Organization Overview
Florida Osteopathic Medical Association is located in Tallahassee, FL. The organization was established in 1946. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2023, Florida Osteopathic Medical Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Osteopathic Medical 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 09/2023, Florida Osteopathic Medical Association generated $3.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.4m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVES OF THE ASSOCIATION ARE TO ADVANCE THE SCIENCE AND ART OF OSTEOPATHIC MEDICINE AND SURGERY, AND TO EXTEND IMPROVED HEALTHCARE AND BENEIFITS OF SCIENTIFIC ADVANCEMENT IN THE TREATMENT, PREVENTION, AND ALLEVITATION OF HUMAN AILMENTS TO THE PUBIC IN THE STATE OF FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY ACHIEVEMENT OF THE CONVENTION WAS PROVIDING QUALITY CONTINUING MEDICAL EDUCATION BY INTRODUCING CURRENT TRENDS IN THE DIAGNOSIS AND TREATMENT OF VARIOUS PATHLOGICAL PROCESSES AND OTHER ISSUES PERTAINING TO THE PRACTICE OF OSTEOPATHIC MEDICINE, AS WELL AS PROVIDING ATTENDEES OPPORTUNITIES FOR NETWORKING MEDICAL, BUSINESS, AND SOCIAL ISSUES CONCERNING THE PRACTICE OF OSTEOPATHIC MEDICINE.
THE PRIMARY ACHIEVEMENTS OF THE SEMINAR WERE PROVIDING CONTINUING MEDICAL EDUCATION,ADVANCING THE KNOWLEDGE, SKILLS AND COMPETENCIES OF ATTENDEES, IMPROVING MEDICAL CARE FOR PATIENTS, AND ADVANCING OSTEOPATHIC MEDICAL KNOWLEDGE.
THE PRIMARY ACHIEVEMENTS OF THE CME PROGRAMS WERE PROVIDING CONTINUING MEDICAL EDUCATION, ADVANCING THE KNOWLEDGE, SKILLS AND COMPETENCIES OF ATTENDEES,IMPROVING MEDICAL CARE FOR PATIENTS, AND ADVANCING OSTEOPATHIC MEDICAL KNOWLEDGE THROUGH CONTINUING EDUCATION COURSES ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Winn Executive Di | Officer | 40 | $231,191 |
Brett Scotch DO President | Trustee | 2 | $0 |
Eric Goldsmith DO President El | Trustee | 2 | $0 |
James Voirin DO Past Preside | Trustee | 2 | $0 |
Lee Ann Brown DO Second Vice | Trustee | 2 | $0 |
Marc Kaprow DO First Vice P | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $654,525 |
| 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 | $654,525 |
| Total Program Service Revenue | $2,248,542 |
| Investment income | $143,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,803 |
| 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 | $3,220,355 |
| 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 | $1,102,635 |
| Pension plan accruals and contributions | $27,065 |
| Other employee benefits | $94,529 |
| Payroll taxes | $61,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,624 |
| Advertising and promotion | $17,204 |
| Office expenses | $175,053 |
| Information technology | $68,578 |
| Royalties | $0 |
| Occupancy | $53,286 |
| Travel | $19,350 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,995 |
| Insurance | $1,961 |
| All other expenses | $220,726 |
| Total functional expenses | $2,361,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,873 |
| Savings and temporary cash investments | $6,093,575 |
| 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 | $524,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,042,238 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,985,886 |
| Accounts payable and accrued expenses | $0 |
| 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 | $809 |
| Total liabilities | $809 |
| Net assets without donor restrictions | $9,985,077 |
| 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 | $9,985,886 |