Denver Medical Society
- Assets
- $1.3m
- Revenue
- $287.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 10/1947
- Data as of
- 08/2023
- EIN
- 84-0413330
Organization Overview
Denver Medical Society is located in Denver, CO. The organization was established in 1947. 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 08/2023, Denver Medical Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver 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 08/2023, Denver Medical Society generated $287.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $325.6k during the year ending 08/2023. 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
INFORM MEMBERS OF VITAL DEVELOPMENTS IN THE HEALTHCARE INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF "DENVER MEDICAL BULLETIN" APPROXIMATELY 200/MONTH
COMMISSIONS AND COMMITTEES - BOARD AND TASK FORCES MEETING MONTHLY TO DISCUSS ETHICAL, SOCIAL AND ECONOMIC CONCERNS OF THE MEDICAL PROFESSION AND HOW THESE AFFECT THE PUBLIC
SEMINAR SERIES - PROGRAMS ARE HELD TO PROVIDE MANAGEMENT ADVICE AND INFORM MEMBERS ABOUT VITAL DEVELOPMENT IN THE HEALTH CARE INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Bucklin Director | Trustee | $0 | |
Virginia Castleberry Exc Director | Trustee | 40 | $0 |
Alex Leung Director | Trustee | $0 | |
Elizabeth Lowdermilk Director | Trustee | $0 | |
Stephanie Miller Director | Trustee | $0 | |
Naomi Fieman Chair | Officer | $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 | $248,465 |
| Investment income | $36,190 |
| 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 | $287,055 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,763 |
| Pension plan accruals and contributions | $6,925 |
| Other employee benefits | $6,670 |
| Payroll taxes | $11,053 |
| Fees for services: Management | $4,095 |
| Fees for services: Legal | $3,592 |
| Fees for services: Accounting | $12,440 |
| 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 | $6,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,819 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,008 |
| Insurance | $6,289 |
| All other expenses | $32,094 |
| Total functional expenses | $325,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $491,930 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $557,171 |
| 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 | $260,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,439 |
| Total assets | $1,311,804 |
| Accounts payable and accrued expenses | $38,429 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $38,429 |
| Net assets without donor restrictions | $716,204 |
| Net assets with donor restrictions | $557,171 |
| 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 | $1,311,804 |