The Physicians Aid Association Of The Delaware Valley
- Assets
- $10.6m
- Revenue
- $2.1m
- Investments
- $10.6m
- Employees
- 0
- Location
- Perkasie, PA
- Founding
- 04/1942
- Data as of
- 12/2022
- EIN
- 23-6266619
Organization Overview
The Physicians Aid Association Of The Delaware Valley is located in Perkasie, PA. The organization was established in 1942. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physicians Aid Association Of The Delaware Valley 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 12/2022, Physicians Aid Association Of The Delaware Valley generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $719.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Physicians Aid Association Of The Delaware Valley has awarded 47 individual grants totaling $1,946,969. 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
THE ASSOCIATION PROVIDES AID TO NEEDY PHYSICIANS AND THEIR FAMILIES IN THE FORM OF MONTHLY STIPENDS AND MEDICAL EXPENSE REIMBURSEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell S Breish President | 3 | $0 | |
Madeline Q Ewing Sectreas | 3 | $0 | |
Robert L Honish Director | 2 | $0 | |
Donald Gill Director | 2 | $0 | |
David M Mintzer Director | 2 | $0 | |
Carol L Coldren Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $197,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,905,375 |
| Capital Gain Net Income | $1,905,375 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,265 |
| Total Revenue | $2,104,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,280 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,022 |
| Total operating and administrative expenses | $114,748 |
| Contributions, gifts, grants paid | $604,371 |
| Total expenses and disbursements | $719,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,075 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,596,347 |
| 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, The Physicians Aid Association Of The Delaware Valley has awarded $604,371 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
DREXEL UNIVERSITY SCHOOL OF MEDICINE PURPOSE: OPERATIONS | $75,000 |
JEFFERSON MEDICAL COLLEGE PURPOSE: OPERATIONS | $75,000 |
UNIVERSITY OF PA MEDICAL SCHOOL PURPOSE: OPERATIONS | $75,000 |
PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE PURPOSE: OPERATIONS | $75,000 |
TEMPLE SCHOOL OF MEDICINE PURPOSE: OPERATIONS | $75,000 |
ROWAN UNIVERSITY MEDICAL SCHOOL PURPOSE: OPERATIONS | $75,000 |