Alaska State Medical Association
- Assets
- $545.7k
- Revenue
- $318.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Anchorage, AK
- Founding
- 10/1947
- Data as of
- 12/2021
- EIN
- 92-6002176
Organization Overview
Alaska State Medical Association is located in Anchorage, AK. 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 12/2021, Alaska State Medical Association employed 2 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Alaska 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 12/2021, Alaska State Medical Association generated $318.9k 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 (8.3%) each year. All expenses for the organization totaled $348.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. 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
TO ADVOCATE ON BEHALF OF PHYSICIANS AND FOR THE HEALTH AND WELL-BEING OF ALL ALASKANS. THE ASSOCIATION STRIVES TO ADVANCE MEDICAL SCIENCE, TO EXTEND MEDICAL KNOWLEDGE, TO ELEVATE THE STANDARDS OF MEDICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATE ON BEHALF OF ALASKA PHYSICIANS AND FOR THE HEALTH AND WELL-BEING OF ALL ALASKANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Ventgen Executive Di | Officer | 40 | $83,861 |
Jessica Panko MD President | OfficerTrustee | 1 | $0 |
Kristin Mitchell Secretary/tr | OfficerTrustee | 1 | $0 |
Steven Compton MD President El | Trustee | 1 | $0 |
Janice Sheufelt MD Trustee Dist | Trustee | 1 | $0 |
Kate Carey DO Trustee Dist | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $183,560 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,160 |
| Total Program Service Revenue | $132,680 |
| Investment income | $48 |
| 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 | $318,888 |
| 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. | $83,861 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,969 |
| Payroll taxes | $13,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,664 |
| Fees for services: Accounting | $4,706 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,870 |
| Advertising and promotion | $11,732 |
| Office expenses | $19,711 |
| Information technology | $30,388 |
| Royalties | $0 |
| Occupancy | $16,737 |
| Travel | $23 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,791 |
| Insurance | $3,572 |
| All other expenses | $0 |
| Total functional expenses | $348,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,341 |
| Savings and temporary cash investments | $469,600 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,027 |
| 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 | $70,774 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $545,742 |
| Accounts payable and accrued expenses | $11,616 |
| Grants payable | $0 |
| Deferred revenue | $112,700 |
| 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 | $1,730 |
| Total liabilities | $126,046 |
| Net assets without donor restrictions | $419,696 |
| 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 | $545,742 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alaska State Medical Association has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Providence Health & Services Washington Renton, WA PURPOSE: OPERATIONAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington State Medical Association Seattle, WA | $5,952,369 | $5,332,115 |
Washington State Dental Association Seattle, WA | $12,376,053 | $3,391,023 |
Washington State Chiropractic Seatac, WA | $322,137 | $958,175 |
Alaska State Medical Association Anchorage, AK | $545,742 | $318,888 |
Seattle King County Dental Society Seattle, WA | $1,326,927 | $403,503 |
Alaska Dental Society Inc Anchorage, AK | $691,739 | $283,534 |
Pierce County Medical Society Fircrest, WA | $1,388,975 | $1,000,909 |
Washington State Society Of Anesthesiologists Inc Seattle, WA | $1,039,634 | $263,300 |
Washington State Podiatry Association Puyallup, WA | $202,251 | $231,554 |
Washington Association Of Naturopathic Physician Kenmore, WA | $275,014 | $303,733 |
Kitsap County Medical Society Silverdale, WA | $47,015 | $0 |
Washington Osteopathic Medical Association Gig Harbor, WA | $61,853 | $186,600 |