Northern New York Medical Foundation Inc is located in Plattsburgh, NY. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern New York Medical 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 12/2021, Northern New York Medical Foundation Inc generated $4.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.3k during the year ending 12/2021. While expenses have increased by 4.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SCHOLARSHIPS AND FINANCIAL AID TO STUDENT PHYSICIANS, AND RECRUIT PHYSICIANS TO UNDERSERVED COUNTIES IN NORTHERN NEW YORK. A SCHOLARSHIP WAS AWARDED TO ONE STUDENT IN 2015 IN THE AMOUNT OF $22,800 BUT NO SCHOLARSHIP WAS AWARDED IN 2016 THROUGH 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Hurwitz Treasurer | 0.25 | $0 | |
Eugene Cassone Vice President | 0.25 | $0 | |
Kristin Ambler President | 5 | $0 | |
Jonathan Lowell Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,703 |
Gain or Loss | $325 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,028 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,264 |
Total expenses | $2,264 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $137,142 |
Other assets | $0 |
Total assets | $137,142 |
Total liabilities | $12,730 |
Net assets or fund balances | $124,412 |
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