Dallas County Medical Society
- Assets
- $5.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Dallas, TX
- Founding
- 08/1966
- Data as of
- 12/2023
- EIN
- 75-0223610
Organization Overview
Dallas County Medical Society is located in Dallas, TX. The organization was established in 1966. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, Dallas County Medical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas 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 12/2023, Dallas County Medical Society generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 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
TO PROMOTE PUBLIC HEALTH AND ADVOCATE FOR PHYSICIANS AND THEIR RELATIONSHIP WITH PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DCMS IS THE PROFESSIONAL SOCIETY FOR LICENSED PHYSICIANS PRACTICING MEDICINE IN DALLAS COUNTY, TX. DCMS PROVIDES BENEFITS AND SERVICES FOR MEMBER PHYSICIANS, RESIDENTS AND MEDICAL STUDENTS. THE SERVICES INCLUDE LOCAL ADVOCACY WITH ELECTED OFFICIALS TO ENSURE THAT PHYSICIANS ARE ABLE TO PRACTICE MEDICINE IN THE BEST INTEREST OF THEIR PATIENTS AND WITH THE HIGHEST LEVELS OF INTEGRITY AND ETHICS. DCMS ADVOCACY EFFORTS ALSO INCLUDE EDUCATING POLICY MAKERS ABOUT THE IMPORTANCE OF PUBLIC HEALTH MEASURES THAT PROTECT THE RESIDENTS OF DALLAS COUNTY.
DCMS PROVIDES SEVERAL COMMUNICATION CHANNELS TO KEEP MEMBERS INFORMED OF THE LATEST ISSUES WITHIN THE PROFESSION OF MEDICINE AS WELL AS ITEMS RELATED TO MEDICAL CARE ACROSS DALLAS COUNTY. DCMS PRODUCES THE MONTHLY DALLAS MEDICAL JOURNAL (DMJ), WHICH IS THE FLAGSHIP PUBLICATION FOR SOCIETY MEMBERS. THE DMJ PROVIDES TIMELY ARTICLES ON PRACTICE MANAGEMENT, ADVOCACY, COMMUNITY OUTREACH, RESEARCH, AND PUBLIC HEALTH. DCMS ALSO PRODUCES THE ANNUAL PHYSICIAN DIRECTORY, WHICH IS A MEMBER BENEFIT THAT PROVIDES A COMPILATION OF ALL DCMS MEMBERS FOR PHYSICIANS TO USE FOR REFERRAL AND NETWORKING PURPOSES. LASTLY, DCMS PRODUCES THE DMJ E-NEWSLETTER WEEKLY, WHICH PROVIDES TIMELY AND RELEVANT INFORMATION FOR PHYSICIANS, RESIDENTS, AND MEDICAL STUDENTS.
DCMS PRODUCES A NUMBER OF EDUCATION AND NETWORKING EVENTS FOR PHYSICIANS, RESIDENTS AND MEDICAL STUDENT MEMBERS. THESE EVENTS ARE DESIGNED TO PROVIDE MEMBERS WITH THE OPPORTUNITY TO NETWORK, SOCIALIZE, AND SHARE BEST PRACTICES WITH ONE ANOTHER. FORMAL EDUCATIONAL PROGRAMS ARE PROVIDED THROUGH THE DCMS CONNECT: VIRTUAL SPEAKERS SERIES, WHICH IS A RECORDED EDUCATIONAL PROGRAM OFFERED SEVERAL TIMES PER YEAR ON AN ARRAY OF DIFFERENT PRACTICE TOPICS. ADDITIONALLY, DCMS PROVIDES SOCIAL AND NETWORKING EVENTS IN LESS FORMAL SETTINGS THAT PROVIDE OPPORTUNITIES FOR PHYSICIANS TO INTERACT WITH COLLEAGUES, SEEKING/PROVIDE REFERRAL INFORMATION, AND TO BUILD COMRADERY AMONG THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah A Fuller MD President-Elect/director | OfficerTrustee | 1 | $0 |
Donna L Casey MD President/director | OfficerTrustee | 1 | $0 |
Shaina M Drummond MD Secretary/treasurer/direct | OfficerTrustee | 1 | $0 |
Samuel J Chantilis MD Immediate Past President/d | OfficerTrustee | 1 | $0 |
M Brett Cooper MD Board Of Censors Chair/director | OfficerTrustee | 0.5 | $0 |
Gates B Colbert MD Director | Trustee | 0.5 | $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 | $1,818,508 |
| Investment income | $92,116 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,845 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,991,780 |
| 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. | $573,442 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $538,230 |
| Pension plan accruals and contributions | $32,338 |
| Other employee benefits | $35,534 |
| Payroll taxes | $67,139 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,216 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,860 |
| Fees for services: Other | $10,225 |
| Advertising and promotion | $35,107 |
| Office expenses | $251,899 |
| Information technology | $37,058 |
| Royalties | $0 |
| Occupancy | $83,668 |
| Travel | $39,936 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $157,871 |
| Interest | $29,283 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,511 |
| Insurance | $6,729 |
| All other expenses | $0 |
| Total functional expenses | $1,947,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,634 |
| Savings and temporary cash investments | $53,720 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $322,675 |
| 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 | $42,408 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,693,909 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,594,221 |
| Total assets | $5,078,567 |
| Accounts payable and accrued expenses | $503,350 |
| Grants payable | $0 |
| Deferred revenue | $1,488,147 |
| 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 | $979,085 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $162,072 |
| Total liabilities | $3,132,654 |
| Net assets without donor restrictions | $1,912,062 |
| Net assets with donor restrictions | $33,851 |
| 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 | $5,078,567 |