Pennsylvania Psychiatric Society
- Assets
- $650.0k
- Revenue
- $486.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Severna Park, MD
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 23-1548659
Organization Overview
Pennsylvania Psychiatric Society is located in Severna Park, MD. The organization was established in 1993. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Psychiatric 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, Pennsylvania Psychiatric Society generated $486.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $536.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) 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
PENNSYLVANIA PSYCHIATRIC SOCIETY IS A DOMESTIC NONPROFIT ORGANIZATION WHOSE PURPOSE IS TO ADVANCE THE KNOWLEDGE, SCIENCE, AND PRACTICE OF PSYCHIATRY, TO IMPROVE THE QUALITY OF PSYCHIATRIC PRACTICE AND TRAINING, AND TO IMPROVE THE MENTAL HEALTH OF THE COMMUNITY THROUGH INCREASED USE OF PSYCHIATRIC SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING MEDICAL EDUCATION (CME) IS OFFERED TO ALL MEMBERS OF THE PA PSYCHIATRIC SOCIETY. IN 2020, THE SOCIETY PRESENTED A VIRTUAL STATE-WIDE EDUCATION MEETING FOCUSED ON PATIENT SAFETY AND RISK MANAGEMENT, A VIRTUAL ADDICTIONS SYMPOSIUM, TWO VIRTUAL RISK MANAGEMENT WEBINARS AND A VIRTUAL RESIDENT POSTER EVENT.
OUR PENNSYLVANIA PSYCHIATRIST NEWSLETTER PUBLICATIONS ARE ISSUED TWO TIMES A YEAR, ELECTRONICALLY ON ITS WEBSITE (PAPSYCH.ORG). THE NEWSLETTER IS OFFERED FOR FREE TO THE PUBLIC VIA THE WEB. THE NEWSLETTER CONTAINS SCIENTIFIC, EDUCATIONAL & RESEARCH ARTICLES; EDITORIALS; LETTERS; AND COUNCIL HIGHLIGHTS. TRANSACTIONS NEWSLETTER IS ISSUED TWO TIMES A YEAR ELECTRONICALLY ON ITS WEBSITE (PAPSYCH.ORG). IT IS OFFERED FREE TO THE PUBLIC VIA THE WEB. THE NEWSLETTER CONTAINS SCIENTIFIC, EDUCATIONAL AND RESEARCH ARTICLES, EDITORIALS, AND COUNCIL HIGHLIGHTS OF THE PHILADELPHIA CHAPTER.
CHAPTERS, COUNCILS, AND COMMITTEES MEET REGULARLY ACCORDING TO BYLAWS TO DEVELOP NEW POLICIES/PROGRAMS AND IMPROVE EXISTING POLICIES/PROGRAMS. COMMITTEES ARE: AWARDS AND NOMINATING, BUDGET/FINANCE, BYLAWS, CHILD AND ADOLESCENT PSYCHIATRY, CLINICAL, EDUCATION, ETHICS, GOVERNMENT RELATIONS, LONG RANGE PLANNING, MEMBERSHIP, AND THIRD PARTY PAYER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dhanalakshmi Ramasamy MD President | OfficerTrustee | 2 | $0 |
Hope Selarnick MD President-El | OfficerTrustee | 1 | $0 |
Kavita Fischer MD Vice Preside | OfficerTrustee | 0.5 | $0 |
Kawish Garg MD Secretary | OfficerTrustee | 0.5 | $0 |
Richard R Silbert MD Immediate Pa | OfficerTrustee | 0.5 | $0 |
Usman Hameed MD Treasurer | OfficerTrustee | 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 | $35,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,350 |
| Total Program Service Revenue | $439,915 |
| Investment income | $10,386 |
| 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 | $485,951 |
| 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. | $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 | $433,707 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,553 |
| Fees for services: Lobbying | $17,436 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,634 |
| Fees for services: Other | $5,332 |
| Advertising and promotion | $1,477 |
| Office expenses | $1,186 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,235 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,493 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,000 |
| All other expenses | $5,385 |
| Total functional expenses | $536,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $648,648 |
| 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 | $1,315 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $649,963 |
| Accounts payable and accrued expenses | $52,251 |
| Grants payable | $0 |
| Deferred revenue | $93,431 |
| 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 | $145,682 |
| Net assets without donor restrictions | $504,281 |
| 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 | $649,963 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennsylvania Psychiatric Society has recieved totaling $20,850.
| Awarding Organization | Amount |
|---|---|
American Psychiatric Association Washington, DC PURPOSE: CALF GRANT | $20,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Council For Behavioral Health Washington, DC | $58,126,470 | $59,802,843 |
National Association Of Chain Drug Stores Inc Arlington, VA | $98,528,710 | $18,011,694 |
American Physiological Society Rockville, MD | $94,782,709 | $19,551,552 |
American Society For Radiation Oncology Arlington, VA | $43,435,735 | $18,684,843 |
Mental Health Partnerships Philadelphia, PA | $7,825,414 | $16,042,776 |
Society Of Interventional Radiology Fairfax, VA | $16,119,873 | $11,332,419 |
American Association For Marriage And Family Therapy Inc Alexandria, VA | $10,674,002 | $7,538,354 |
American Psychiatric Association Foundation Washington, DC | $82,014,350 | $7,795,878 |
Association For Psychological Science Washington, DC | $13,666,192 | $7,237,080 |
National Association Of School Psychologists Bethesda, MD | $24,935,287 | $8,598,243 |
Society Of Neurointerventional Surgery Fairfax, VA | $7,065,551 | $5,159,149 |
National Association For Behavioral Healthcare Washington, DC | $5,218,673 | $4,551,529 |