Chenango County Medical Society & The Otsego County Medical Society
- Assets
- $354.5k
- Revenue
- $28.0k
- Investments
- $174.5k
- Employees
- 0
- Location
- Norwich, NY
- Founding
- 10/1973
- Data as of
- 04/2024
- EIN
- 23-7325443
Organization Overview
Chenango County Medical Society & The Otsego County Medical Society is located in Norwich, NY. The organization was established in 1973. 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. Chenango County Medical Society & The Otsego County Medical 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 04/2024, Chenango County Medical Society & The Otsego County Medical Society generated $28.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.5% each year . All expenses for the organization totaled $9.2k during the year ending 04/2024. While expenses have increased by 2.2% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph R Maldonado Jr MD Executive Director | 1 | $0 | |
Jennifer Congdon MD Committee Member | 1 | $0 | |
Jeffrey Kramer MD Committee Member | 1 | $0 | |
Cynthia Briglin-Mavady MD Committee Member | 1 | $0 | |
Mary Ann Scheer Committee Member | 1 | $0 | |
Scott Cohen MD Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,109 |
| Capital Gain Net Income | $21,109 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $67 |
| Total Revenue | $27,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,405 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $9,189 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $9,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,434 |
| 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 | $174,514 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $172,547 |
| Total assets | $354,495 |
| 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 |