Womens Dermatologic Society
- Assets
- $2.8m
- Revenue
- $911.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 20-0084052
Organization Overview
Womens Dermatologic Society is located in Milwaukee, WI. The organization was established in 2004. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Dermatologic Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Womens Dermatologic Society generated $911.2k 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 (7.2%) each year. All expenses for the organization totaled $746.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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
THE MISSION OF THE WOMEN'S DERMATOLOGIC SOCIETY IS TO BE THE PREMIER ORGANIZATION CULTIVATING PERSONAL AND PROFESSIONAL DEVELOPMENT OF WOMEN DERMATOLOGISTS DEDICATED TO EXCELLENCE IN PATIENT CARE, MENTORSHIP, VOLUNTEERISM, AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING - TO PROVIDE A FORUM FOR DEVELOPING RELATIONSHIPS THROUGH MENTORING AND BUILDING OF COALITIONS. TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND RESEARCH RELEVANT TO WOMEN'S ISSUES.
LEGACY CELEBRATION - THE LEGACY CELEBRATION IS A GATHERING TO THANK ALL ATTENDEES, DONORS AND SUPPORTERS WHO HELP MAKE WDS POSSIBLE.
OTHER PROGRAM SERVICES: GRANTS PROVIDED TO OTHER ORGANIZATIONS, MEMBERSHIP RELATED EXPENSES, COMMUNITY ADVANCEMENT AWARDS, ACADEMIC RESEARCH AWARDS, FELLOWSHIP AWARDS YOUNG PHYSICIANS' TASK FORCE, JOURNAL EXPENSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Macfarlane MD Secretary | OfficerTrustee | 5 | $0 |
Molly Hinshaw MD Immediate Past President | OfficerTrustee | 5 | $0 |
Erin Gilbert MD PHD President | OfficerTrustee | 5 | $0 |
Mona Gohara MD President-Elect | OfficerTrustee | 5 | $0 |
Bethanee J Schlosser MD PHD Treasurer | OfficerTrustee | 5 | $0 |
Cyndi Yag-Howard MD Vice President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Executive Director Inc Management Fee | 12/30/15 | $123,750 |
Talley Management Group Management Fee | 12/30/15 | $343,000 |
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 | $662,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $662,557 |
| Total Program Service Revenue | $169,544 |
| Investment income | $75,909 |
| 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 | $911,169 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,658 |
| Grants and other assistance to domestic individuals. | $14,698 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $468,205 |
| Fees for services: Legal | $37,072 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,668 |
| Fees for services: Other | $20,000 |
| Advertising and promotion | $342 |
| Office expenses | $2,448 |
| Information technology | $2,477 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,357 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,339 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,469 |
| Insurance | $6,335 |
| All other expenses | $25,366 |
| Total functional expenses | $746,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,318 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $245,000 |
| Accounts receivable, net | $12,188 |
| 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 | $120,865 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,312,725 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,299 |
| Other assets | $0 |
| Total assets | $2,777,395 |
| Accounts payable and accrued expenses | $185,967 |
| Grants payable | $0 |
| Deferred revenue | $107,590 |
| 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 | $293,557 |
| Net assets without donor restrictions | $2,148,902 |
| Net assets with donor restrictions | $334,936 |
| 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 | $2,777,395 |
Grants Awarded
Over the last fiscal year, Womens Dermatologic Society has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: Research Grant | $20,000 |
Cleveland, OH PURPOSE: Fellowships | $10,000 |
MEDVEC & ASSOCIATES LLC PURPOSE: IVWG/MELD Honorarium | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Womens Dermatologic Society has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Endowment Analysis
| Beg. Balance | $1,465,865 |
| Earnings | $179,241 |
| Net Contributions | $66,168 |
| Other Expense | -$32,500 |
| Ending Balance | $1,678,774 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Families Of Sma Elk Grove Village, IL | $11,297,459 | $15,022,219 |
Hope-Spectrum Health Cc Grand Rapids, MI | $6,650,186 | $6,358,729 |
Mcknight Endowment Fund For Neuroscience Minneapolis, MN | $31,388 | $3,600,000 |
Luther Manor Foundation Inc Wauwatosa, WI | $20,836,145 | $2,234,956 |
St Jude Runners Association Peoria, IL | $1,016,895 | $3,093,086 |
New Day Foundation For Families Rochester Hills, MI | $643,990 | $1,304,199 |
Womens Dermatologic Society Milwaukee, WI | $2,777,395 | $911,169 |
Wellness House Foundation Inc Hinsdale, IL | $11,304,864 | $442,180 |
Michigan State Medical Society Foundation East Lansing, MI | $1,571,476 | $519,222 |
American Association Of Clinical Urologists Inc Mamco East Dundee, IL | $698,159 | $469,027 |
Twin Cities Medical Society Foundation Roseville, MN | $2,052,064 | $216,246 |
Friends Of The Epilepsy Foundation Of Greater Chicago Chicago, IL | $42,031 | $369,536 |