Obesity Medicine Associaiton
- Assets
- $8.0m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 04/1970
- Data as of
- 12/2021
- EIN
- 84-0607207
Organization Overview
Obesity Medicine Associaiton is located in Centennial, CO. The organization was established in 1970. 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. Obesity Medicine Associaiton 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, Obesity Medicine Associaiton generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ADVANCE THE FIELD OF CLINICAL OBESITY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE AND IMPROVE THE STANDARDS OF PRACTICE AND QUALITY OF PROFESSIONAL SERVICE IN THE FIELD OF OBESITY MEDICINE THROUGH EDUCATION AND MEMBERSHIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Eriksen Marketing And Sales Director | Officer | 40 | $154,760 |
Joan Hablutzel Education Director | 40 | $140,080 | |
Katrina Crist MBA Cae Executive Director Thru 06/21 | Officer | 40 | $94,302 |
Chris Packard Interim Executive Director | Officer | 40 | $89,250 |
Teresa Fraker Executive Director As Of 10/21 | Officer | 40 | $37,500 |
Harold Bays MD Secretary/treasurer | OfficerTrustee | 1 | $18,150 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Webster Chamberlain And Bean Lawfirm Legal | 12/30/19 | $200,486 |
Communications Strategy Groupinc Public Relations | 12/30/19 | $120,674 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $205,600 |
| 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 | $205,600 |
| Total Program Service Revenue | $3,738,703 |
| Investment income | $143,827 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $15,514 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,097,525 |
| 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. | $545,392 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $779,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,876 |
| Payroll taxes | $97,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,913 |
| Fees for services: Accounting | $64,306 |
| Fees for services: Lobbying | $68,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,001 |
| Fees for services: Other | $78,438 |
| Advertising and promotion | $90,237 |
| Office expenses | $28,393 |
| Information technology | $144,588 |
| Royalties | $0 |
| Occupancy | $76,707 |
| Travel | $5,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $823,580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,165 |
| Insurance | $10,497 |
| All other expenses | $44,900 |
| Total functional expenses | $3,515,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,281 |
| Savings and temporary cash investments | $7,327,510 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,678 |
| 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 | $40,047 |
| Net Land, buildings, and equipment | $35,405 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,472 |
| Total assets | $8,040,393 |
| Accounts payable and accrued expenses | $111,641 |
| Grants payable | $0 |
| Deferred revenue | $1,405,086 |
| 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 | $1,516,727 |
| Net assets without donor restrictions | $6,523,666 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $8,040,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Radiology Incorporated Tucson, AZ | $49,332,645 | $17,740,900 |
Obesity Medicine Associaiton Centennial, CO | $8,040,393 | $4,097,525 |
Colorado Medical Society Denver, CO | $3,998,849 | $2,980,232 |
American College Of Medical Toxicology Inc Phoenix, AZ | $3,107,408 | $2,754,430 |
American Medical Society For Sports Medicine Inc Leawood, KS | $9,379,868 | $3,185,245 |
Metropolitan Denver Dental Society Denver, CO | $2,172,938 | $1,891,245 |
Colorado Dental Association Greenwood Village, CO | $2,693,179 | $2,065,370 |
Utah Medical Association Salt Lake City, UT | $4,765,072 | $2,472,717 |
Arizona Dental Association Scottsdale, AZ | $5,092,269 | $2,108,867 |
New Mexico Medical Society Albuquerque, NM | $2,382,058 | $1,234,504 |
Oklahoma Dental Association Oklahoma City, OK | $2,812,606 | $1,176,462 |
Society Of Forensic Toxicologist Inc Mesa, AZ | $1,199,809 | $977,087 |