Foothills Medical Society
- Assets
- $289.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Lakewood, CO
- Founding
- 02/1959
- Data as of
- 09/2023
- EIN
- 84-0465086
Organization Overview
Foothills Medical Society is located in Lakewood, CO. The organization was established in 1959. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothills 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 09/2023, Foothills Medical Society generated $106.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $170.9k during the year ending 09/2023. 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 Program Activity:
Part 3
THE ORGANIZATION WAS FOUNDED IN 1934 AND WAS CHARTERED BY THE COLORADO MEDICAL SOCIETY AS THE WEST DENVER AREA LOCAL MEDICAL SOCIETY FOR PHYSICIANS. THE 550 PHYSICIANS OF FMS REPRESENT ALL MEDICAL SPECIALITIES AND ARE ON STAFF AT LOCAL HOSPITALS AND SURGICAL CENTERS OWNED BY THE CENTURA HEALTH, EXEMPLA, AND COLUMBIA NETWORKS. THE PHYSICANS ARE IN BOTH SOLO AND GROUP PRACTICES IN LAKEWOOD, WHEAT RIDGE, ARVADA, GOLDEN, THORNTON, WESTMINSTER, BROOMFIELD AND OTHER AREAS OF JEFFERSON AND SOUTHWEST ADAMS COUNTIES. THE COMMUNITY HAS LONG BEEN A RECIPIENT OF SEVERAL SERVICES PROVIDED BY THE PHYSICIANS OF FMS. BESIDES PATIENT REFERRAL SERVICES, FMS PROVIDES CARE FOR INDIGENT CHILDREN, A SPEAKERS BUREAU, AND FREE JOB PLACEMENT.
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 |
|---|---|---|---|
Stephen Boucher Executive Di | 40 | $97,815 | |
Sing Palat President | 0.25 | $0 | |
Jen Blair Director | 0.25 | $0 | |
Lynn Parry Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $99,499 |
| Membership dues | $0 |
| Investment income | $6,675 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,174 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $123,654 |
| Professional fees and other payments to independent contractors | $13,557 |
| Occupancy, rent, utilities, and maintenance | $2,204 |
| Printing, publications, postage, and shipping | $26 |
| Other expenses | $31,415 |
| Total expenses | $170,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,437 |
| Other assets | $0 |
| Total assets | $289,919 |
| Total liabilities | $20,772 |
| Net assets or fund balances | $269,147 |