Chinese American Medical Society
- Assets
- $2.7m
- Revenue
- $898.2k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 01/1982
- Data as of
- 12/2019
- EIN
- 13-3418133
Organization Overview
Chinese American Medical Society is located in New York, NY. The organization was established in 1982. As of 12/2019, Chinese American Medical Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Chinese American Medical Society generated $898.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $695.8k during the year ending 12/2019. While expenses have increased by 0.2% per year over the past 5 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 2017, Chinese American Medical Society has awarded 14 individual grants totaling $142,375. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE CHINESE AMERICAN MEDICAL SOCIETY (THE "SOCIETY") WAS CREATED IN THE STATE OF NY IN 1964. ITS MISSION IS TO IMPROVE THE HEALTH STATUS OF CHINESE AMERICANS AND TO PROMOTE EXCELLENCE IN HEALTH CARE FOR ALL THROUGH THE MOBILIZATION OF HEALTH CARE PROFESSIONALS. IT DOES THIS PRIMARILY THROUGH THE HOLDING OF ANNUAL MEMBERSHIP SCIENTIFIC MEETINGS AND SPECIAL SCIENTIFIC MEETINGS FOR THE PURPOSE OF EXCHANGING SCIENTIFIC AND MEDICAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY MADE DONATION TO COMMUNITY HEALTH ORGANIZATIONS AND EDUCATIONAL ORGANIZATIONS. THE PURPOSE IS TO ADVANCE MEDICAL KNOWLEDGE AND TO SERVE THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yick Moon Lee MD Vice President | Officer | 3 | $0 |
Mary Lee-Wong MD President | Officer | 5 | $0 |
Victor Chang MD Secretary | Officer | 3 | $0 |
Perry Pong MD Treasurer | Officer | 2 | $0 |
Warren W Chin MD Executive Director | Trustee | 13 | $0 |
Paul C Lee MD MPH Immediate Past | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $124,040 |
| Fundraising events | $584,668 |
| 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 | $708,708 |
| Total Program Service Revenue | $0 |
| Investment income | $53,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $136,426 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $898,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,130 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $388 |
| Office expenses | $13,338 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,445 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $314,528 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,707 |
| Insurance | $10,010 |
| All other expenses | $34,562 |
| Total functional expenses | $695,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $886,337 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,337 |
| Investments—publicly traded securities | $1,849,737 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,739,411 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $14,912 |
| Total liabilities | $14,912 |
| Net assets without donor restrictions | $0 |
| 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 | $2,724,499 |
| Total liabilities and net assets/fund balances | $2,739,411 |
Grants Awarded
Over the last fiscal year, Chinese American Medical Society has awarded $61,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: MEDICAL SERVICE | $15,000 |
New York, NY PURPOSE: MEDICAL SERVICE | $11,000 |
Forest Hills, NY PURPOSE: MEDICAL SERVICE | $10,000 |
Huntington Beach, CA PURPOSE: MEDICAL SERVICE | $7,000 |
New York, NY PURPOSE: MEDICAL SERVICE | $6,000 |
New York, NY PURPOSE: MEDICAL SERVICE | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chinese American Medical Society has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Tan Family Education Foundation Lincoln, MA PURPOSE: EDUCATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Imperatives Inc Brockton, MA | $2,846,835 | $11,293,143 |
Connecticut Peer Review Organization Inc Wethersfield, CT | $6,771,899 | $5,889,069 |
Community Health Law Project South Orange, NJ | $2,016,032 | $6,533,993 |
Health Research & Educational Trust Of New Jersey Princeton, NJ | $6,999,525 | $4,625,747 |
State Legislative Leaders Centerville, MA | $5,493,289 | $4,217,075 |
Susan P Byrnes Health Education Center Inc York, PA | $6,049,002 | $1,271,595 |
Episcopal Ministries Of Long Island Garden City, NY | $12,779,056 | $818,464 |
Chinese American Medical Society New York, NY | $2,739,411 | $898,217 |
Healthcare Educational & Research Fund Inc Rensselaer, NY | $20,971 | $645,575 |
Berkshire Area Health Education Center Inc Dalton, MA | $595,925 | $490,025 |
Allegheny County Medical Society Foundation Wm Weisser Et Al Truste Pittsburgh, PA | $5,782,222 | $363,175 |
Ecu-Health Care Inc North Adams, MA | $249,190 | $157,005 |