Interstate Postgraduate Medical Association Of North America
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $1.4m
- Employees
- 0
- Location
- Prospect Heights, IL
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 39-0368317
Organization Overview
Interstate Postgraduate Medical Association Of North America is located in Prospect Heights, IL. The organization was established in 2016. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interstate Postgraduate Medical Association Of North America 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, Interstate Postgraduate Medical Association Of North America generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL EDUCATION AND QUALITY IMPROVEMENT FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PROJECTS AND ACCREDITATION: ADMINISTER RESEARCH PROJECTSAND PROVIDE ACCREDITATION SERVICES FOR CONTINUING EDUCATION PURPOSE.
ACTRIMS: IPMA PROVIDED GRANT MANAGEMENT AND ACCREDITATION SERVICES FOR THE AMERICAS COMMITTEE FOR TREATMENT AND RESEARCH IN MULITPLE SCLEROSIS 2021 ANNUAL FORUM, THE JOINT ACTRIMS/ECTRIMS MEETING, AND THE DIDACTIC SERIES.
ASCENT PHYSICIAN LEADERSHIP: ASCENT PHYSICIAN LEADERSHIP PROVIDES LEADERSHIP DEVELOPMENT AND EDUCATION FOR PHYSICIANS THROUGH A PEER GROUP BASED STRUCTURE. PHYSICIAN LEADERS MEET IN PERSON, THROUGH PHONE CALLS, WITH WEBINARS, AND WITH BOTH LIVE AND ON-DEMAND ADDITIONAL EDUCATIONAL ITEMS TO FURTHER THEIR LEADERSHIP SKILLS IN A COLLABORATIVE AND RESULTS ORIENTED STRUCTURE.
PATHWAYS IN MANAGEMENT: IPMA PARTNERED WITH THE CALIFORNIA ACADEMY OF FAMILY PHYSICIANS, THE NURSE PRACTITIONER HEALTHCARE FOUNDATION, THE AMERICAN ACADEMY OF PHYSICIAN ASSISTANTS, AND HEALTHCARE PERFORMANCE CONSULTING TO DEVELOP AND DELIVER EDUCATION AND QUALITY IMPROVEMENT IN OPTIMAL PATIENT CARE FOR PATIENTS WITH OSTEOARTHRITIS AND CHRONIC LOW BACK PAIN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Levinthal Executive Director | Officer | 40 | $141,472 |
Mary W Ales Executive Director | Officer | 40 | $61,769 |
Doug Martin MD Vice Chair | OfficerTrustee | 2 | $5,000 |
Rodney Erickson Former Treasurer | OfficerTrustee | 2 | $5,000 |
Alvia Siddiqi MD Treasurer | OfficerTrustee | 2 | $4,000 |
Sharmini Suriar MD Board Of Trustee | Trustee | 2 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,745 |
| All other contributions, gifts, grants, and similar amounts not included above | $797,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $885,256 |
| Total Program Service Revenue | $380,611 |
| Investment income | $41,510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,496 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,357,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $252,469 |
| Compensation of current officers, directors, key employees. | $33,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,091 |
| Pension plan accruals and contributions | $11,111 |
| Other employee benefits | $31,904 |
| Payroll taxes | $41,155 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $445 |
| Fees for services: Accounting | $11,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,060 |
| Fees for services: Other | $575,882 |
| Advertising and promotion | $6,537 |
| Office expenses | $2,401 |
| Information technology | $49,338 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,406 |
| Interest | $609 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,067 |
| Insurance | $3,977 |
| All other expenses | $1,099 |
| Total functional expenses | $1,337,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,489 |
| Savings and temporary cash investments | $13,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $148,169 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,300 |
| Net Land, buildings, and equipment | $5,587 |
| Investments—publicly traded securities | $1,105,592 |
| Investments—other securities | $1,373,528 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,657,480 |
| Accounts payable and accrued expenses | $26,831 |
| Grants payable | $0 |
| Deferred revenue | $203,383 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $220,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $450,214 |
| Net assets without donor restrictions | $1,840,489 |
| Net assets with donor restrictions | $366,777 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,657,480 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Interstate Postgraduate Medical Association Of North America has recieved totaling $131,394.
| Awarding Organization | Amount |
|---|---|
California Academy Of Family Physicians Foundation Sacramento, CA PURPOSE: PCRCP PROGRAMMING & PARTICIPATION | $131,394 |
Endowment Analysis
| Beg. Balance | $471,795 |
| Earnings | $36,035 |
| Admin Expense | $4,141 |
| Ending Balance | $503,689 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Allergy Milwaukee, WI | $22,733,884 | $7,163,340 |
Ada Foundation Chicago, IL | $19,546,895 | $1,770,296 |
Interstate Postgraduate Medical Association Of North America Prospect Heights, IL | $2,657,480 | $1,357,443 |
Society Of Urologic Oncology Schaumburg, IL | $6,729,720 | $2,308,651 |
International Society For Laboratory Hematology Glenview, IL | $1,454,553 | $996,122 |
American Society Of Emergency Radiology East Dundee, IL | $1,309,538 | $681,718 |
International Embryo Technology Society Inc Champaign, IL | $806,130 | $301,103 |
American Society Of Pediatric Neuroradiology Indianapolis, IN | $1,195,774 | $492,983 |
Family Medicine Midwest Foundation Bolingbrook, IL | $74,599 | $144,870 |
International Society Of Amyliodosis Madison, WI | $355,913 | $248,977 |
Community Patient Safety Coalition Of Southwestern Indiana Kentucky Vincennes, IN | $102,728 | $0 |
Dermatology Science And Research Foundation Buffalo Grove, IL | $1,820 | $0 |