Lake-Sumter Medical Society Inc is located in Mount Dora, FL. The organization was established in 2003. 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. Lake-Sumter Medical Society 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, Lake-Sumter Medical Society Inc generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PHYSICIAN SUPPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wendy Lavezzi President | 0 | $0 | |
Ernesto Zavalata Director | 0 | $0 | |
Sheyla Zelaya Director | 0 | $0 | |
Samuel Goss Director | 0 | $0 | |
Tera Jones Director | 0 | $0 | |
Shelley Glover Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,867 |
Total Program Service Revenue | $0 |
Membership dues | $19,555 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,423 |
Total Revenue | $29,845 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $35,667 |
Professional fees and other payments to independent contractors | $3,001 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,628 |
Total expenses | $45,296 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,885 |
Other assets | $0 |
Total assets | $35,885 |
Total liabilities | $1,768 |
Net assets or fund balances | $34,117 |
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