West Virginia School Of Osteopathic Medicine Alumni Association Inc
- Assets
- $1.2m
- Revenue
- $371.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lewisburg, WV
- Founding
- 11/2011
- Data as of
- 06/2021
- EIN
- 45-2408894
Organization Overview
West Virginia School Of Osteopathic Medicine Alumni Association Inc is located in Lewisburg, WV. The organization was established in 2011. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. West Virginia School Of Osteopathic Medicine Alumni Association 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 06/2021, West Virginia School Of Osteopathic Medicine Alumni Association Inc generated $371.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $59.5k during the year ending 06/2021. 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
THE PURPOSE IS TO ADVANCE THE INTERESTS OF THE WEST VIRGINIA SCHOOL OF OSTEOPATHIC MEDICINE A WV INSTITUTE OF HIGHER EDUCATION BY COORDINATING AND CONDUCTION ACTIVITIES AND FUND RAISING EFFORTS AMOUNG WVSOM ALUIMNI. WVSOM ALUMNI ASSOCIATION AWARDS TWO SCHOLARSHIPS PER YEAR TO DESERVING MEDICAL STUDENTS. ADDITIONALLY GRANT OPPORTUNITIES ARE AVAILABLE TO THE WVSOM FACAULTY, STAFF AND STUDENTS TO SUBMIT A PROPOSAL FOR ADDITIONAL FUNDING PROJECTS THAT ARE NOT WITHIN THE WVSOM BUDGET. SPONSORED VARIOUS CONTINUING EDUCATION SEMINARS DURING THE YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. PROVIDED CME (CONTINUING MEDICAL EDUCATION)THROUGH SEMINARS.2. FUND RAISERS (BENCH, BRICK AND WHITE COAT)3. ALUMNI SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faith Payne Vice President | Officer | 0 | $0 |
Ryan Newell Secretary-Treasurer | Officer | 0 | $0 |
Robert Olexo President | Officer | 0 | $0 |
Jonathan Stanley Director | Trustee | 0 | $0 |
Manuel Ballas Director | Trustee | 0 | $0 |
Mary Hendricks Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,600 |
| Total Program Service Revenue | $213,264 |
| Investment income | $574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $371,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,191 |
| All other expenses | $16,788 |
| Total functional expenses | $59,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,174,814 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,174,814 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,106,435 |
| Net assets with donor restrictions | $68,379 |
| 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 | $1,174,814 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that West Virginia School Of Osteopathic Medicine Alumni Association Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $50,341 |
| Net Contributions | $34,225 |
| Other Expense | $16,187 |
| Ending Balance | $68,379 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Promotion Council Of Southeastern Pennsylvania Inc Philadelphia, PA | $4,768,529 | $8,462,838 |
Healthshare Of Southeastern Pennsylvania Inc Philadelphia, PA | $6,008,370 | $8,973,710 |
Metavivor Research And Support Inc Annapolis, MD | $15,087,139 | $5,810,082 |
Martinsville Henry Coalition For Health And Wellness Inc Martinsville, VA | $4,474,599 | $6,623,246 |
Kids Smiles Inc Norwood, PA | $2,528,024 | $5,826,185 |
Recovery Services Of Northwest Ohio Inc Defiance, OH | $2,591,394 | $5,323,422 |
Crisp Shared Services Inc Columbia, MD | $1,471,151 | $4,912,963 |
American Telemedicine Association Arlington, VA | $1,706,836 | $5,604,534 |
Culpeper Wellness Foundation Culpeper, VA | $44,746,109 | $7,469,590 |
Ohio Childrens Hospital Solutions For Patient Safety Columbus, OH | $6,929,814 | $2,973,008 |
Bebashi Transition To Hope Philadelphia, PA | $2,902,766 | $5,181,013 |
Community Education Group Inc Lost City, WV | $3,855,654 | $5,630,467 |