Holy Family Hospital Medical Staff Association Inc
- Assets
- $254.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Methuen, MA
- Founding
- 12/2016
- Data as of
- 06/2024
- EIN
- 81-4232193
Organization Overview
Holy Family Hospital Medical Staff Association Inc is located in Methuen, MA. The organization was established in 2016. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Family Hospital Medical Staff Association Inc 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 06/2024, Holy Family Hospital Medical Staff Association Inc generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $38.9k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND MEDICAL LECTURES, DESIGNED TO MEET THE REQUIREMENTS OF CONTINUING MEDICAL EDUCATION CREDITS, FOR MEDICAL STAFF MEMBERS OF HOLY FAMILY HOSPITAL. TO PROMOTE AN INTEREST IN MEDICINE, THROUGH SCHOLARSHIPS AND DONATIONS, IN THE LOCAL COMMUNITY
Describe the Organization's Program Activity:
Part 3
TO FUND LECTURES, DESIGNED TO MEET THE CONTINUING MEDICAL EDUCATION REQUIREMENTS, OF MEMBERS OF THE HOLY FAMILY MEDICAL STAFF.
TO PROVIDE SCHOLARSHIPS TO NURSING STUDENTS WHO WORK AT HOLY FAMILY HOSPITAL
TO DONATE TO LOCAL CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vartan Yeghiazarians MD President | 2 | $0 | |
John K Mallen MD Treasurer/cl | 2 | $0 | |
Robert Cipro MD Former Treas | 2 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,070 |
| Salaries, other compensation, and employee benefits | $5,000 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,320 |
| Total expenses | $38,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,673 |
| Other assets | $0 |
| Total assets | $254,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $254,673 |