Potter-Randall County Medical Society is located in Amarillo, TX. The organization was established in 1965. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Potter-Randall County Medical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potter-Randall 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, Potter-Randall County Medical Society generated $166.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $202.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
SERVE MEDICAL PROFESSION AND DISSEMINATE MEDICAL INFORMATION TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, NEWSLETTERS AND OTHER SERVICES TO ASSIST MEMBERS OF MEDICAL PROFESSION, PROFESSION, EDUCATION OF COMMUNITY REGARDING MEDICAL MATTERS, AND THE PROVISION OF A PHYSICIAN REFERRAL SERVICE.
PUBLICATION OF THE MAGAZINE "PANHANDLE HEALTH" IS A SERVICE TO INTERESTED CITIZENS OF THE REGION, AS WELL AS TO THE MEDICAL AND ALLIED PROFESSIONS. THE MAGAZINE HAS A CIRCULATION OF 3,000 PER ISSUE WITH FOUR ISSUES PER YEAR.
DEPRECIATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Barnard Executive Di | Officer | 40 | $87,660 |
Daniel Hendrick MD Director | OfficerTrustee | $0 | |
Lisa Veggeberg MD Director | OfficerTrustee | $0 | |
Rodney Young MD Director | OfficerTrustee | $0 | |
Tarek Naguib MD Director | OfficerTrustee | $0 | |
William Holland MD Director | OfficerTrustee | $0 |
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 | $166,347 |
Investment income | $84 |
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 | $166,431 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250 |
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. | $73,704 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,199 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,145 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,920 |
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 | $24,399 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,031 |
Travel | $233 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $810 |
Insurance | $0 |
All other expenses | $1,833 |
Total functional expenses | $202,338 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,966 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $309 |
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 | $5,565 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $39,840 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $52,900 |
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 | $6,222 |
Total liabilities | $59,122 |
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 | -$19,282 |
Total liabilities and net assets/fund balances | $39,840 |
Organization Name | Assets | Revenue |
---|---|---|
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |
Creative Arts Center Of Dallas Dallas, TX | $609,840 | $730,284 |