Tulsa County Medical Society Inc
- Assets
- $503.7k
- Revenue
- $338.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Tulsa, OK
- Founding
- 11/1947
- Data as of
- 12/2022
- EIN
- 73-0488400
Organization Overview
Tulsa County Medical Society Inc is located in Tulsa, OK. The organization was established in 1947. 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. Tulsa County 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 12/2022, Tulsa County Medical Society Inc generated $338.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $342.5k during the year ending 12/2022. While expenses have increased by 0.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SCIENCE AND ART OF MEDICINE, FOSTER ETHICAL PRACTICES AMONG MEMBERS, AND UNITE THE MEDICAL PROFESSION IN PROMOTING PUBLIC HEALTH, TCMS PRODUCES A MONTHLY NEWSLETTER, HOLDS MEMBER MEETINGS, AND AN ANNUAL JOINT MEETING WITH OTHER MEDICAL PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP MEETINGS - THESE MEETINGS ARE ORGANIZED AND PLANNED FOR MEMBERS THROUGHOUT EACH YEAR. IN JANUARY A MEETING IS HELD TO PROVIDE A LEGISLATIVE FORECAST FOR THE UPCOMING SESSION THAT STARTS IN FEBRUARY. CONTINUING MEDICAL EDUCATION PROGRAMS ARE OFFERED TO PROVIDE UP-TO-DATE EVIDENCE BASED EDUCATIONAL PRESENTATIONS. REGULAR UPDATES ARE PROVIDED FROM THE OKLAHOMA BOARD OF MEDICAL LICENSURE AND ON RISK MANAGEMENT TOPICS. PROGRAMS ARE ALSO PROVIDED ON MEDICAL OFFICE MANAGEMENT TOPICS AS WELL AS FINANCIAL PLANNING ISSUES. MEDICAL RESIDENTS AND STUDENTS WHO ARE MEMBERS OF TCMS ARE ALSO INVITED TO THE MEETINGS. TCMS HAS COUNCILS AND COMMITTEES THAT MEET ON A REGULAR BASIS FOR THE PURPOSE OF REVIEWING APPLICATIONS OF POTENTIAL NEW MEMBERS, RESOLVING GRIEVANCES FILED BY PATIENTS OF TCMS MEMBER PHYSICIANS, AND REVIEWING MEMBERSHIP SERVICES.
CONTINUING MEDICAL EDUCATION - TCMS IS ACCREDITED BY THE OKLAHOMA STATE MEDICAL ASSOCIATION TO PROVIDE CONTINUING MEDICAL EDUCATION FOR PHYSICIANS. THIS IS A BENEFIT TO OUR MEMBERSHIP AS THEY ATTEND THE PROGRAMS OFFERED AT NO CHARGE. TCMS ALSO OFFERS THIS SERVICE TO THE COMMUNITY BY JOINT-SPONSORING PROGRAMS FOR ORGANIZATIONS THAT ARE NOT ACCREDITED SO THEY CAN IN TURN PROVIDE EDUCATION TO THEIR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcelreath Executive Dir. | Officer | 30 | $0 |
Stephen Bruns MD Vice President | OfficerTrustee | 1 | $0 |
Michael A Weisz MD Director | Trustee | 1 | $0 |
Christopher Emerson MD Director | Trustee | 1 | $0 |
David Siegler MD Director | Trustee | 1 | $0 |
James Webb MD Director | Trustee | 1 | $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 | $331,726 |
| Investment income | $2,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,400 |
| 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 | $338,780 |
| 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. | $81,902 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,013 |
| Pension plan accruals and contributions | $13,992 |
| Other employee benefits | $18,635 |
| Payroll taxes | $10,820 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,211 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,501 |
| Advertising and promotion | $0 |
| Office expenses | $1,803 |
| Information technology | $7,368 |
| Royalties | $0 |
| Occupancy | $76,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,071 |
| Interest | $0 |
| Payments to affiliates | $300 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,293 |
| All other expenses | $4,573 |
| Total functional expenses | $342,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $503,651 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,651 |
| Accounts payable and accrued expenses | $3,918 |
| 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 | $11,987 |
| Total liabilities | $15,905 |
| Net assets without donor restrictions | $487,746 |
| 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 | $503,651 |