New Mexico Medical Society

Organization Overview

New Mexico Medical Society is located in Albuquerque, NM. The organization was established in 1947. 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. As of 06/2023, New Mexico Medical Society employed 7 individuals. This organization is the central organization for a national or regional group of organizations. New Mexico 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 06/2023, New Mexico Medical Society generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SECURE, ENACTMENT AND ENFORCEMENT OF JUST MEDICAL LAWS,TO PROMOTE FRIENDLY RELATIONS AMONG OUR MEMBERS, TO HOLD THE PRINCIPLES OF MEDICAL ETHICS OF THE AMERICAN MEDICAL ASSOCIATION, TO EXTEND MEDICAL KNOWLEDGE AND THE STANDARD OF MEDICAL EDUCATION, TO UPHOLD THE OBLIGATION EACH

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP DUES ARE COLLECTED TO PROMOTE THE MEDICAL PROFESSION, EXTEND MEDICAL KNOWNLEDGE AND PROMOTE THE ENACTMENT OF JUST LAWS.


CONVENTIONS ARE HELD TO FURTHER MEMBERS KNOWNLEDGE OF CURRENT MEDICAL DEVELOPMENTS.


MEDICAL LEGAL PANELS ARE HELD TO SCREEN MALPRACTICE SUITS FILED AGAINST MEMBERS AS REQUIRED BY NM LAW.


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Board, Officers & Key Employees

Name (title)Compensation
Ann Jung
Executive Director
$152,612
Angelina Villas Adams
Vice President
$0
Mihaela Bujoi
President
$0
Angela Bratton
Immediate Past President
$0
Stephen Haynes
Secretary Treasurer
$0
Todd Williams
President Elect
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$560,807
Fundraising events$0
Related organizations$0
Government grants $11,886
All other contributions, gifts, grants, and similar amounts not included above$40,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$612,693
Total Program Service Revenue$519,168
Investment income $149,754
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $23,650
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 $1,305,265

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