Tarrant County Medical Society
- Assets
- $1.6m
- Revenue
- $921.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Fort Worth, TX
- Founding
- 03/1945
- Data as of
- 12/2022
- EIN
- 75-0693870
Organization Overview
Tarrant County Medical Society is located in Fort Worth, TX. The organization was established in 1945. 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 12/2022, Tarrant County Medical Society employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tarrant 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 12/2022, Tarrant County Medical Society generated $921.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $867.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING AND ADVANCING THE SCIENCE OF MEDICINE AND EDUCATING ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF A PROFESSIONAL MAGAZINE, "THE PHYSICIAN", THE TARRANT COUNTY MEDICAL SOCIETY OFFICIAL DIRECTORY AND ROSTER.
MEMBER SERVICES: INCLUDES EDUCATIONAL PROGRAMS, REFERRALS, AND DISSEMINATION OF PUBLIC HEALTH INFORMATION
DINNERS & MEDICAL SOCIETY MEETINGS FOR PROFESSIONAL EDUCATION AND INFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Swift Executive Di | Officer | 38 | $234,300 |
Shanna Combs MD President | OfficerTrustee | 1 | $0 |
Stuart Pickell President-El | OfficerTrustee | 1 | $0 |
Omar Selod DO Vice-Preside | OfficerTrustee | 1 | $0 |
Triwanna Fisher-Wikoff MD Secretary/tr | OfficerTrustee | 1 | $0 |
David Donahue MD Trustee | 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 | $911,009 |
| Investment income | $2,172 |
| 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 | $921,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,280 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,079 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,622 |
| Pension plan accruals and contributions | $9,967 |
| Other employee benefits | $18,981 |
| Payroll taxes | $26,897 |
| Fees for services: Management | $29,167 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $550 |
| Office expenses | $65,164 |
| Information technology | $23,834 |
| Royalties | $0 |
| Occupancy | $94,582 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,101 |
| Interest | $190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,493 |
| Insurance | $5,017 |
| All other expenses | $0 |
| Total functional expenses | $867,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,189,280 |
| Savings and temporary cash investments | $281,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,240 |
| 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 | $2,611 |
| Net Land, buildings, and equipment | $1,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,267 |
| Total assets | $1,575,454 |
| Accounts payable and accrued expenses | $102,647 |
| Grants payable | $0 |
| Deferred revenue | $467,035 |
| 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 | $15,907 |
| Total liabilities | $585,589 |
| Net assets without donor restrictions | $989,865 |
| 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 | $1,575,454 |