Lake County Medical Society
- Assets
- $20.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Grayslake, IL
- Founding
- 07/1956
- Data as of
- 09/2022
- EIN
- 36-2332472
Organization Overview
Lake County Medical Society is located in Grayslake, IL. The organization was established in 1956. 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. As of 09/2022, Lake County Medical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake County 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 09/2022, Lake County Medical Society generated $958.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (44.7%) each year. All expenses for the organization totaled $11.3k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE SOCIETY PUBLISHES A PERIODIC NEWSLETTER WITH TIPS ABOUT PRACTICE MANAGEMENT AND REGULATORY AND LEGISLATIVE ISSUES THAT IMPACT THE MEDICAL PROFESSION. THE NEWSLETTER REACHES APPROXIMATELY 500 PHYSICIANS. THE SOCIETY ALSO MAINTAINS A WEBSITE AND PRESENCE ON FACEBOOK TO COMMUNICATE HEALTH ISSUES WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane R Stein Executive Di | 0 | $0 | |
Rebecca Bergman MD Board Member | 0 | $0 | |
Mark Nolan Hill MD Board Member | 0 | $0 | |
Rashmikants S Patel MD Board Member | 0 | $0 | |
Piyush I Vyas MD President | 0 | $0 | |
James L Milman MD Secretary-Tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $958 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $958 |
| 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 | $8,408 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $13 |
| Other expenses | $2,850 |
| Total expenses | $11,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,489 |
| Other assets | $0 |
| Total assets | $20,854 |
| Total liabilities | $573 |
| Net assets or fund balances | $20,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Accreditation Of Ambulatory Surger Gurnee, IL | $14,762,694 | $10,355,412 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
American Dental Hygientists Association Chicago, IL | $4,138,948 | $5,518,461 |
National Certification Corporation For Obstetric Gynecologic & Neonat Chicago, IL | $33,466,629 | $9,072,961 |
Orthopedic Foundation For Animals Columbia, MO | $9,920,954 | $4,913,503 |
Orthopedic Trauma Association Inc Rosemont, IL | $18,754,777 | $3,722,577 |
American Board Of Preventive Medicine Chicago, IL | $17,000,125 | $5,893,663 |
Kentucky Medical Assn Louisville, KY | $5,977,584 | $2,527,003 |
Indiana Dental Association Indianapolis, IN | $5,179,468 | $2,299,278 |
Iowa Medical Society Des Moines, IA | $8,413,197 | $2,540,807 |
American Dental Society Of Anesthesiology Inc Chicago, IL | $2,512,585 | $2,095,599 |
American Osteopathic Foundation Inc Chicago, IL | $19,265,366 | $3,314,044 |