Potter-Randall County Medical Society
- Assets
- $46.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Amarillo, TX
- Founding
- 07/1965
- Data as of
- 12/2023
- EIN
- 75-0761276
Organization Overview
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 12/2023, 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 12/2023, Potter-Randall County Medical Society generated $169.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $186.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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
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.
DEPRECIATION
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Gerald MD Delegate | 1 | $0 | |
Rodney B Young MD Delegate | 1 | $0 | |
William Biggs MD Board Of Censors | 1 | $0 | |
Kalil Al-Nassir MD Board Of Censors | 1 | $0 | |
Rouzbeh Kordestani MD Board Of Censors | 1 | $0 | |
Lisa Veggeberg MD Board Of Censors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,227 |
| Total Program Service Revenue | $0 |
| Membership dues | $102,434 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $63,745 |
| Total Revenue | $169,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,351 |
| Professional fees and other payments to independent contractors | $3,100 |
| Occupancy, rent, utilities, and maintenance | $18,554 |
| Printing, publications, postage, and shipping | $45,732 |
| Other expenses | $20,265 |
| Total expenses | $186,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,429 |
| Other assets | $0 |
| Total assets | $46,832 |
| Total liabilities | $75,557 |
| Net assets or fund balances | -$28,725 |