Louisiana Psychiatric Medical Association
- Assets
- $483.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Severna Park, MD
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 72-6029095
Organization Overview
Louisiana Psychiatric Medical Association is located in Severna Park, MD. The organization was established in 1965. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Psychiatric Medical Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Louisiana Psychiatric Medical Association generated $99.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $74.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
LPMA PROVIDED A SPRING AND FALL MEETING IN 2023 MAKING AVAILABLE 17.0 CONTINUING MEDICAL EDUCATION CREDITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean B Simpson MD President | 1 | $0 | |
Arwen Podesta MD President Elect | 0.5 | $0 | |
Shawn Mcneil MD Immediate Past President | 0.5 | $0 | |
J Christopher Buckley MD Treasurer | 0.5 | $0 | |
Maeghan Davis MD Secretary | 0.5 | $0 | |
Robert Dahmes MD Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $47,845 |
| Membership dues | $43,154 |
| Investment income | $3,104 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,103 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,569 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $89 |
| Other expenses | $33,180 |
| Total expenses | $74,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $477,970 |
| Other assets | $0 |
| Total assets | $483,679 |
| Total liabilities | $12,843 |
| Net assets or fund balances | $470,836 |