Massachusetts Medical Society
- Assets
- $205.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, MA
- Founding
- 11/1994
- Data as of
- 03/2023
- EIN
- 04-6290204
Organization Overview
Massachusetts Medical Society is located in Rockport, MA. The organization was established in 1994. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Massachusetts 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 03/2023, Massachusetts Medical Society generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $45.5k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED STATEMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Medlock President | 5 | $4,500 | |
Ihor Bilyk Treasurer | 2 | $1,500 | |
Eric Reines President-Elect | 2 | $1,500 | |
Kelly Pajela Secretary | 2 | $1,500 | |
Thomas Murray Trustee | 2 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,770 |
| Investment income | $2,622 |
| Gain or Loss | $28,586 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,978 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,500 |
| Professional fees and other payments to independent contractors | $1,275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $149 |
| Other expenses | $29,610 |
| Total expenses | $45,534 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $205,452 |
| Other assets | $0 |
| Total assets | $205,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $205,452 |