Montgomery County Medical Society
- Assets
- $1.9m
- Revenue
- $208.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 03/1942
- Data as of
- 12/2021
- EIN
- 23-0888250
Organization Overview
Montgomery County Medical Society is located in Trenton, NJ. The organization was established in 1942. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County 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 12/2021, Montgomery County Medical Society generated $208.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $121.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
ENHANCE THE ROLE OF MEDICINE AND HEALTHCARE IN MONTGOMERY COUNTY, PENNSYLVANIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCMS PROVIVES WEEKLY MEDICAL NEWSBRIEFS AND PUBLISHES A QUARTERLY MEDICAL MAGAZINE TO KEEP MEMBERS INFORMED ON MATTERS CORE TO THEIR PRACTICE. IN ADDITION, MCMS SERVES AS A LIASON WITH OTHER HEALTH RELATED AGENCIES, ORGANIZATIONS, AND THE COMMUNITY ON MEDICAL-LEGAL AND OTHER HEALTH RELATED ISSUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter M Klein MD Immediate Past President | OfficerTrustee | 0.5 | $0 |
Jay Evan Rothkopf MD Chairman | OfficerTrustee | 0.5 | $0 |
Mark A Lopatin MD Immediate Past Chairman | OfficerTrustee | 0.5 | $0 |
Jennifer Lorine DO President | OfficerTrustee | 0.5 | $0 |
Stanley R Askin MD Treasurer | OfficerTrustee | 0.5 | $0 |
Kathleen M Allen Director | Trustee | 0.5 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,805 |
| Investment income | $123,171 |
| 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 | $207,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,925 |
| 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 | $92,609 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,722 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $926 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,281 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,789 |
| All other expenses | $1,062 |
| Total functional expenses | $121,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,949 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,899,252 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,943,201 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $55,754 |
| 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 | $55,754 |
| Net assets without donor restrictions | $1,887,447 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,943,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand View - Lehigh Valley Health Services Sellersville, PA | $1,306,518 | $2,758,169 |
New York State Dental Association Albany, NY | $17,001,364 | $5,827,046 |
American Board Of Ophthalmology Doylestown, PA | $11,729,185 | $5,597,359 |
Curepsp Inc New York, NY | $8,414,669 | $6,342,039 |
New York State Society Of Anesthesiologists Inc New York, NY | $5,784,530 | $3,237,027 |
Pennsylvania Dental Association Harrisburg, PA | $21,759,277 | $13,492,593 |
American Board Of Plastic Surgery Inc Philadelphia, PA | $10,377,925 | $3,692,721 |
American Association Of Feline Practitioners Bridgewater, NJ | $2,633,101 | $2,996,348 |
Catholic Medical Association Fort Washington, PA | $757,837 | $1,642,943 |
Medical Society Of Delaware Newark, DE | $7,342,098 | $1,518,541 |
New York County Dental Society New York, NY | $13,674,183 | $498,692 |
Canton-Potsdam Medical Practice Pllc Potsdam, NY | $521,293 | $682,687 |