Washington State Medical Association
- Assets
- $6.1m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 34
- Location
- Seattle, WA
- Founding
- 06/1934
- Data as of
- 12/2023
- EIN
- 91-0462170
Organization Overview
Washington State Medical Association is located in Seattle, WA. The organization was established in 1934. 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 12/2023, Washington State Medical Association employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State Medical Association 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 12/2023, Washington State Medical Association generated $5.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $5.7m during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 9 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.
Since 2015, Washington State Medical Association has awarded 16 individual grants totaling $718,518. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE STRONG PHYSICIAN LEADERSHIP AND ADVOCACY TO SHAPE THE FUTURE OF MEDICINE AND PROVIDE QUALITY CARE IN WASHINGTON STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE WSMA IS COMMITTED TO PROFESSIONAL DEVELOPMENT AND OFFERS MEMBERS 6 DIFFERENT LEADERSHIP COURSES TO ENHANCE AND BUILD LEADERSHIP SKILLS.
BETTER PRESCRIBING, BETTER TREATMENT PROGRAM: A PEER-TO-PEER CLINICIAN-DRIVEN QUALITY IMPROVEMENT PROGRAM THAT PROMOTES SAFE, APPROPRIATE PRESCRIBING TO CURB OPIOID MISUSE AND OVERDOSE. THE PROGRAM GIVES PRESCRIBERS ACCESS TO INDIVIDUAL OPIOID PRESCRIBING REPORTS, EDUCATION, COACHING, AND CONSULTING ON HOW TO PUT OPIOID PRESCRIBING GUIDELINES INTO PRACTICE.
ADVOCACY: WSMA REPRESENTS ITS 12,000 PHYSICIAN MEMBERS BEFORE THE LEGISLATURE AND STATE AGENCIES, HEALTH PLANS, THE MEDIA AND GENERAL PUBLIC. THE WSMA IS ACTIVELY INVOLVED IN WORKING TO IMPROVE ACCESS TO CARE IN COMMUNITIES THROUGHOUT WASHINGTON STATE.
COMMUNICATIONS: WSMA PUBLICATIONS INFORM PHYSICIANS ABOUT THE EMERGING PERFORMANCE, COST AND QUALITY MEASUREMENTS THAT ARE INTEGRAL TO HEALTH CARE. THE WSMA ALSO PROVIDES BROCHURES ON A VARIETY OF PUBLIC HEALTH ISSUES TO ALL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heshmati Nariman MD President/ama Delegate | OfficerTrustee | 3 | $25,649 |
Rue Katina DO Past President | OfficerTrustee | 3 | $34,082 |
Sinanan Mika MD Past President Thru 09/30/23 | OfficerTrustee | 3 | $10,647 |
Bramhall John MD President-Elect | OfficerTrustee | 3 | $15,693 |
Bush Bridget MD Vice President | OfficerTrustee | 3 | $18,687 |
Hollon Matthew MD Secretary-Treasurer | OfficerTrustee | 3 | $5,046 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $186,465 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,730 |
| Total Program Service Revenue | $4,198,277 |
| Investment income | $60,901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,000 |
| Net Rental Income | $19,404 |
| Net Gain/Loss on Asset Sales | $14,246 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,727,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,316 |
| 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. | $767,089 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,365,575 |
| Pension plan accruals and contributions | $62,515 |
| Other employee benefits | $296,750 |
| Payroll taxes | $272,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,333 |
| Fees for services: Accounting | $52,696 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,138 |
| Fees for services: Other | $23,394 |
| Advertising and promotion | $21,883 |
| Office expenses | $124,317 |
| Information technology | $35,921 |
| Royalties | $0 |
| Occupancy | $274,307 |
| Travel | $14,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $501,735 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,467 |
| Insurance | $21,016 |
| All other expenses | $225,584 |
| Total functional expenses | $5,705,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,965 |
| Savings and temporary cash investments | $3,351,053 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,492 |
| 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 | $127,821 |
| Net Land, buildings, and equipment | $246,378 |
| Investments—publicly traded securities | $2,114,894 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $135,553 |
| Total assets | $6,074,156 |
| Accounts payable and accrued expenses | $298,353 |
| Grants payable | $0 |
| Deferred revenue | $2,297,695 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $204,873 |
| 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 | $169,087 |
| Total liabilities | $2,970,008 |
| Net assets without donor restrictions | $3,104,148 |
| 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 | $6,074,156 |
Grants Awarded
Over the last fiscal year, Washington State Medical Association has awarded $65,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WSMA FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $58,000 |
WASHINGTON HEALTHCARE FORUM SERVICES PURPOSE: GENERAL CONTRIBUTION | $7,500 |