Nueces County Medical Society
- Assets
- $308.2k
- Revenue
- $239.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Corpus Christi, TX
- Founding
- 09/1955
- Data as of
- 12/2021
- EIN
- 74-1189832
Organization Overview
Nueces County Medical Society is located in Corpus Christi, TX. The organization was established in 1955. 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. As of 12/2021, Nueces County Medical Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nueces 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 12/2021, Nueces County Medical Society generated $239.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $291.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NUECES COUNTY MEDICAL SOCIETY SERVES AS A PROFESSIONAL ORGANIZATION TO OVER 800 PHYSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISH PICTORIAL DIRECTORY.
PUBLISH MEDICAL MAGAZINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulette Shaw Executive Director | Officer | 40 | $95,504 |
Ruben Pedraza MD Vice President | OfficerTrustee | 1 | $0 |
Ada Booth MD Treasurer-Elect | OfficerTrustee | 1 | $0 |
Jack Cortese MD President | OfficerTrustee | 1 | $0 |
Melissa Chiasson MD Secretary | OfficerTrustee | 1 | $0 |
Allyson Larkin MD Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $171,160 |
| 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 | $171,160 |
| Total Program Service Revenue | $66,435 |
| Investment income | $1,310 |
| 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 | $239,611 |
| 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. | $108,554 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,655 |
| Payroll taxes | $13,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $31,562 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,984 |
| Travel | $1,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,153 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,187 |
| Insurance | $7,969 |
| All other expenses | $0 |
| Total functional expenses | $291,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,013 |
| Savings and temporary cash investments | $122,818 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,516 |
| 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 | $231 |
| Net Land, buildings, and equipment | $87,936 |
| Investments—publicly traded securities | $30,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308,243 |
| Accounts payable and accrued expenses | $31,035 |
| Grants payable | $0 |
| Deferred revenue | $116,508 |
| 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 | $147,543 |
| 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 | $160,700 |
| Total liabilities and net assets/fund balances | $308,243 |
Peer Organizations
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|---|---|---|
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American Board Of Otolaryngology Inc Houston, TX | $20,175,383 | $4,989,123 |
Emergency Medicine Residents Association Dallas, TX | $6,413,964 | $3,106,617 |
Harris County Medical Society Houston, TX | $22,414,880 | $3,782,699 |
Dallas County Dental Society Dallas, TX | $6,179,833 | $1,349,613 |
New Mexico Medical Society Albuquerque, NM | $2,382,058 | $1,234,504 |
Oklahoma Dental Association Oklahoma City, OK | $2,812,606 | $1,176,462 |
Bexar County Medical Society San Antonio, TX | $5,394,057 | $1,311,845 |
Texas Podiatric Medical Association Colleyville, TX | $2,631,652 | $995,706 |
Texas Chiropractic Association Inc Austin, TX | $1,108,639 | $1,108,627 |
Oklahoma Osteopathic Association Oklahoma City, OK | $1,129,754 | $1,011,691 |
Greater Houston Dental Society Houston, TX | $760,097 | $733,135 |