Healthcare Manufacturing Management Council Inc is located in Princeton Junction, NJ. The organization was established in 1989. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcare Manufacturing Management Council Inc 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 12/2022, Healthcare Manufacturing Management Council Inc generated $133.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $147.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SEMINARS FEATURING A VARIETY OF SPEAKERS AND ROUNDTABLE DISCUSSIONS TO SHARE INNOVATIVE IDEAS, FORMATS AND CONCEPTS FOR MARKETING HEALTHCARE GOODS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Baker Secretary | 0 | $0 | |
Erik Graaf President | 0 | $0 | |
Gerry Loduca Member | 0 | $0 | |
Mike Atkinson Member | 0 | $0 | |
Kurt Forsthoefel Past President | 0 | $0 | |
Jim Spitzer Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $94,920 |
| Membership dues | $38,783 |
| Investment income | $117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,820 |
| 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 | $54,764 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $93,017 |
| Total expenses | $147,889 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,909 |
| Other assets | $0 |
| Total assets | $68,909 |
| Total liabilities | $50,468 |
| Net assets or fund balances | $18,441 |