Middlesex County Medical Society Foundation Inc
- Assets
- $412.8k
- Revenue
- $12.8k
- Investments
- $394.2k
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 11/1964
- Data as of
- 09/2022
- EIN
- 22-1767843
Organization Overview
Middlesex County Medical Society Foundation Inc is located in Edison, NJ. The organization was established in 1964. 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. Middlesex County Medical Society Foundation Inc 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 09/2022, Middlesex County Medical Society Foundation Inc generated $12.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $28.7k during the year ending 09/2022. While expenses have increased by 1.4% per year over the past 6 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 2015, Middlesex County Medical Society Foundation Inc has awarded 107 individual grants totaling $173,950. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS IN THE MEDICAL, PHARMACOLOGICAL AND NURSING FIELDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Louie MD President | 0 | $0 | |
Gerard Bargoud Rph Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,065 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,751 |
| Capital Gain Net Income | $1,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $86 |
| Total operating and administrative expenses | $8,695 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $28,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,568 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $394,246 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $412,814 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Middlesex County Medical Society Foundation Inc has awarded $20,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CEDRIC MAGAWAY PURPOSE: SCHOLARSHIP | $3,000 |
BISHOY EZZAT PURPOSE: SCHOLARSHIP | $2,500 |
JOANNA GORKA PURPOSE: SCHOLARSHIP | $2,500 |
DANIEL YOON PURPOSE: SCHOLARSHIP | $2,500 |
AFRA TRINIDAD PURPOSE: SCHOLARSHIP | $2,500 |
SAHIL SHAH PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suite 130 Plastic Surgery Pc Westbury, NY | $311,544 | $6,208,603 |
Transplant Foundation Philadelphia, PA | $69,009,856 | $12,071,703 |
Runnemede Industries Inc Cherry Hill, NJ | $150,465 | $926,469 |
Oxalosis And Hyperoxaluria Foundation New Paltz, NY | $5,688,162 | $1,693,241 |
Trust Fbo Assoc Services For The Blind Paoli, PA | $0 | $28,104 |
Jake Gittlen Memorial Golf Tournament Mars, PA | $8,677,851 | $1,582,078 |
Congenital Adrenal Hyperplasia Research Education & Support Fdtn Union, NJ | $540,971 | $791,663 |
American Friends Of London School Of Hygiene & Tropical Medicine Inc New Yorkl, NY | $0 | $0 |
Beer Yitzhak Foundation Inc Lyndhurst, NJ | $401,398 | $497,100 |
International Friends Of Elton John Aids Foundation Uk New York, NY | $0 | $305,257 |
Santa Fe Group Inc New York, NY | $927,640 | $518,464 |
Drive Against Diabetes Inc North Tonawanda, NY | $229,620 | $146,389 |