Medical Society Of The State Of New York
- Assets
- $23.6m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 53
- Location
- Westbury, NY
- Founding
- 09/1942
- Data as of
- 12/2021
- EIN
- 13-1030760
Organization Overview
Medical Society Of The State Of New York is located in Westbury, NY. The organization was established in 1942. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Medical Society Of The State Of New York employed 53 individuals. This organization is the central organization for a national or regional group of organizations. Medical Society Of The State Of New York 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 Society Of The State Of New York generated $6.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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 CONTRIBUTE TO THE PROFESSIONAL DEVELOPMENT OF MEMBER PHYSICIANS, TO SERVE AS A RESOURCE FOR ITS MEMBERS AND ASSIST THEM IN ADDRESSING THE MANY ISSUES AND NEEDS WHICH THEY FACE IN PROVIDING HEALTH CARE TO THE RESIDENTS OF NEW YORK STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES. THIS DIVISION IS RESPONSIBLE FOR MEMBERSHIP DEVELOPMENT AND SERVICES, AND STAFF SUPPORT FOR SECTIONS AND SPECIAL CONSTITUENCIES. STAFF ARE AVAILABLE TO WORK WITH INDIVIDUAL MEMBERS, COUNTY MEDICAL SOCIETIES, HOSPITALS OR SPECIAL GROUPS ON MEMBERHSIP CAMPAIGNS. OUTREACH REPRESENTATIVES CAN MAKE PERSONAL VISITS AND GIVE PRESENTATIONS ON CURRENT ISSUES AND ON MEDICAL SOCETY ACTIVITIES AND SERVICES DESIGNED TO HELP PHYSICIANS SUCCEED IN AN INCREASINGLY COMPLEX ENVIRONMENT. THE DIVISION PROVIDES STAFF SUPPORT TO COMMITTEES TASKED WITH DEVELOPING ONGOING AND INNOVATIVE APPROACHES TO MEMBERSHIP DEVELOPMENT, AS WELL AS TO THE SOCIETY'S COMMITTEES ON THE INTERNATIONAL MEDICAL GRADUATES, WOMEN PHYSICIANS, AND OTHERS. STAFFING IS ALSO PROVIDED FOR SPECIAL SECTIONS DEVOTED TO PRGANIZING AND MEETING THE NEEDS OF RESIDENTS AND FELLOWS, YOUNG PHYSICIANS AND PHYSICIANS ON ORGANIZED MEDICAL STAFFS.
COMMITTEE FOR PHYSICIANS' HEALTH EXPENSE. THE MISSION OF THE COMMITTEE FOR PHYSICIAN HEALTH IS TO PROMOTE QUALITY MEDICAL CARE BY OFFERING NON DISCIPLINARY CONFIDENTIAL ASSISTANCE TO PHYSICIANS, RESIDENTS, MEDICAL STUDENTS AND PHYSICIAN ASSISTANTS SUFFERING FROM SUBSTANCE USE DISORDER AND OTHER PSYCHIATRIC DISORDERS. THE COMMITTEE MONITORS THE TREATMENT AND COMPLIANCE OF PROGRAM PARTICPANTS AND PROVIDES ADVOCACY AND SUPPORT AS WELL AS OUTREACH ACTIVITIES, INCLUDING PREVENTTION AND EDUCATION.
COMMUNICATIONS/PUBLICATIONS IN THE MEDICAL FIELD. THE COMMUNICATIONS DIVISION PUBLISHES THE NEWS OF NEW YORK, A MONTHLY DIGITAL PUBLICATION THAT INFORMS MEMBER PHYSICIANS ON ISSUES AFFECTING THE HEALTH CARE DELIVERY SYSTEM IN NEW YORK STATE. THE MSSNY ENEWS IS A WEEKLY DIGITAL PUBLICATION THAT REPORTS THE MOST CURRENT NEWS AFFECTING MEMBER PHYSICIANS AND IS DISTRIBUTED ELECTRONICALLY TO OVER 29,000 MEDICAL RECIPIENTS. THE COMMUNICATIONS DIVISION IS ALSO RESPONSIBLE FOR THE MSSNY WEBSITE, JOB BOARD, SOCIAL MEDIA, AND SOME CME TRAINING.
CONVENTIONS AND MEETINGS. THE DIVSION OF MEETINGS AND CONVENTIONS IS RESPONSIBLE FOR ALL LOGISTICAL ARRANGEMENT FOR MEETINGS FOR THE MEDICAL SOCIETY. THIS INCLUDES THE ANNUAL HOUSE OF DELEGATES MEETING OF MSSNY, MSSNY COUNCIL AND BOARD OF TRUSTEES, MEETINGS OF THE NEW YORK STATE DELEGATION TO THE AMERICAN MEDICAL ASSOCIATION, AS WELL AS DAY TO DAY COMMITTEE MEETINGS WHICH TAKE PLACE WITHIN THE HEADQUARTERS BUILDING OF MSSNY. STATE AND OTHER GRANT EXPENSE SCIENTIFIC AND EDUCATIONAL ACTIVITIESEXPENSES RELATING TO CONTINUING MEDICAL EDUCATION OF PHYSICIANS AND ASPECTS OF PUBLIC HEALTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Schuh CPA Executive VP | Officer | 35 | $337,032 |
Troy Oechsner Executive VP | Officer | 35 | $256,291 |
Jeffrey Selzer Medical Dire | 35 | $192,672 | |
Morris Auster Associate Co | 35 | $160,535 | |
Patricia Clancy VP Of Public | 35 | $124,098 | |
Terrance Bedient Vice Preside | 35 | $108,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,513,837 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $161,824 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,554,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,230,528 |
| Total Program Service Revenue | $33,450 |
| Investment income | $394,608 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,901 |
| Net Gain/Loss on Asset Sales | $281,659 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,678,439 |
| 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. | $593,323 |
| Compensation of current officers, directors, key employees. | $237,329 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,026,785 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $535,064 |
| Payroll taxes | $258,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,688 |
| Fees for services: Accounting | $69,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,839 |
| Fees for services: Other | $37,444 |
| Advertising and promotion | $0 |
| Office expenses | $338,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $750,658 |
| Travel | $123,221 |
| 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 | $4,853 |
| Insurance | $134,569 |
| All other expenses | $78,126 |
| Total functional expenses | $6,370,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,669,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $209,158 |
| Accounts receivable, net | $148,847 |
| 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 | $98,916 |
| Net Land, buildings, and equipment | $30,601 |
| Investments—publicly traded securities | $21,434,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,082 |
| Total assets | $23,626,898 |
| Accounts payable and accrued expenses | $2,205,889 |
| Grants payable | $0 |
| Deferred revenue | $956,320 |
| 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 | $3,162,209 |
| Net assets without donor restrictions | $19,793,900 |
| Net assets with donor restrictions | $670,789 |
| 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 | $23,626,898 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medical Society Of The State Of New York has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
American Medical Association Chicago, IL PURPOSE: SCOPE OF PRACTICE GRANT | $50,000 |
Endowment Analysis
| Beg. Balance | $319,528 |
| Earnings | $416 |
| Ending Balance | $319,944 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital & Healthsystem Association Of Pennsylvania Inc Harrisburg, PA | $39,402,736 | $15,435,491 |
New Jersey Hospital Association Princeton, NJ | $139,216,001 | $6,079,898 |
Massachusetts Health & Hospital Assoc Inc Burlington, MA | $18,521,791 | $10,974,960 |
Pennsylvania Medical Society Mechanicsburg, PA | $213,365,446 | $23,943,781 |
Connecticut Hospital Association Inc & Affiliates Wallingford, CT | $20,376,618 | $10,735,493 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
Massachusetts Dental Society Southborough, MA | $16,206,849 | $7,845,632 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
Coastal Medical Associates Inc South Weymouth, MA | $4,039,266 | $5,719,679 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |