Mahoning Valley Medical Society
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Warren, OH
- Founding
- 01/1945
- Data as of
- 12/2023
- EIN
- 34-0372757
Organization Overview
Mahoning Valley Medical Society is located in Warren, OH. The organization was established in 1945. 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. Mahoning Valley 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 12/2023, Mahoning Valley Medical Society generated $53.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $54.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PUBLIC REFERRALS OF QUALFIED PHYSICIANS AND OTHER HEALTH RELATED ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla Fraelich Executive Director | Trustee | 40 | $34,204 |
Vivian R Starr DO President | Officer | $0 | |
Dean R Ball DO Secretary/treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $49,599 |
| Investment income | $949 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,174 |
| Total Revenue | $53,722 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,673 |
| Professional fees and other payments to independent contractors | $3,786 |
| Occupancy, rent, utilities, and maintenance | $4,322 |
| Printing, publications, postage, and shipping | $1,595 |
| Other expenses | $14,495 |
| Total expenses | $54,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,928 |
| Other assets | $0 |
| Total assets | $32,081 |
| Total liabilities | $45,778 |
| Net assets or fund balances | -$13,697 |