Medical Users Software Exchange Inc
- Assets
- $3.6m
- Revenue
- $487.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Spokane, WA
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 94-3063859
Organization Overview
Medical Users Software Exchange Inc is located in Spokane, WA. The organization was established in 1988. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Medical Users Software Exchange Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Users Software Exchange Inc 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, Medical Users Software Exchange Inc generated $487.8k 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 (20.0%) each year. All expenses for the organization totaled $631.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) 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
MUSE IS A COMMUNITY OF MEDITECH USERS AND RELATED PROFESSIONALS WHO INTERACT TO LEARN AND SHARE THEIR KNOWLEDGE AND EXPERIENCE. THROUGH MUSE, MEMBERS NETWORK, SOLVE PROBLEMS, IDENTIFY BEST PRACTICES, AND IMPROVE PERFORMANCE FOR THEIR ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, REPLACED ITS ANNUAL IN-PERSON INTERNATIONAL CONFERENCE WITH NUMEROUS ONE-DAY AND TWO-DAY VIRTUAL EVENTS OFFERING MEMBERS TO ENGAGE IN EDUCATION AND TRAINING AND TO PROVIDE OPPORTUNITIES FOR NETWORKING. THE ANNUAL CONFERENCE WAS HELD DURING 2022.
OFFERED NUMEROUS ONLINE EDUCATION EVENTS (WEBCASTS) WHICH ALLOWED MEMBERS - ESPECIALLY THOSE IN REMOTE LOCATIONS - ACCESS TO TIMELY AND AFFORDABLE EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Sherbinin CEO | Officer | 40 | $180,649 |
Judy Steiner Chair Elect | OfficerTrustee | 2 | $0 |
Brian Nelligan Chair | OfficerTrustee | 2 | $0 |
Becky Blevins Past Chair | OfficerTrustee | 2 | $0 |
Tito Perez Treasurer | OfficerTrustee | 2 | $0 |
Tj Temple Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $350,345 |
| Investment income | $92,187 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,096 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $487,751 |
| 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. | $197,108 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,375 |
| Payroll taxes | $16,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,897 |
| Fees for services: Accounting | $23,373 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,770 |
| Fees for services: Other | $14,285 |
| Advertising and promotion | $825 |
| Office expenses | $139,663 |
| Information technology | $14,321 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,298 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,256 |
| All other expenses | $5,081 |
| Total functional expenses | $631,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,387,559 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,865 |
| 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 | $225,511 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,915,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,559,545 |
| Accounts payable and accrued expenses | $233,406 |
| Grants payable | $0 |
| Deferred revenue | $241,804 |
| 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 | $475,210 |
| Net assets without donor restrictions | $3,084,335 |
| 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 | $3,559,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Credit Union Association Seatac, WA | $20,703,738 | $7,814,236 |
Oneamerica Seattle, WA | $5,959,191 | $6,168,374 |
Idaho Dairymens Association Inc Twin Falls, ID | $364,106 | $1,931,703 |
Oregon Bankers Association Salem, OR | $5,006,787 | $1,572,271 |
Washington Bankers Association Seattle, WA | $4,147,645 | $1,729,837 |
Medical Users Software Exchange Inc Spokane, WA | $3,559,545 | $487,751 |
Friends Of Frog Ferry Portland, OR | $636 | $0 |
Westside Economic Alliance Tigard, OR | $214,325 | $283,705 |
Washington Soft Drink Association Pac Olympia, WA | $357,273 | $270,101 |
Alaska Mobility Coalition Anchorage, AK | $35,575 | $0 |
350deschutes Bend, OR | $108,838 | $0 |
B Local Pdx Portland, OR | $148,988 | $0 |