Centennial Medical Staff Association
- Assets
- $376.6k
- Revenue
- $254.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- Data as of
- 12/2022
- EIN
- 45-4756708
Organization Overview
Centennial Medical Staff Association is located in Nashville, TN. Centennial Medical Staff Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Centennial Medical Staff Association generated $254.1k 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 (6.8%) each year. All expenses for the organization totaled $284.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE ADVANCEMENT IN MEDICINE FOR THE CENTENNIAL MEDICAL CENTER'S MIDDLE TENNESSEE COMMUNITY THROUGH EDUCATION AND ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTENNIAL MEDICAL STAFF ASSOCIATES IS A PREMIER MEDICAL STAFF ASSOCIATION IN MIDDLE TENNESSEE. WITH OVER 1200 PHYSICIANS AND STAFF AS MEMBERS OF THE ASSOCIATION, IT WAS ABLE TO RAISE OVER $190,000 IN MEMBERSHIP DUES. THE ASSOCIATION PROVIDES TRAINING TO PHYSICIANS THROUGH MULTIPLE CONTINUING MEDICAL EDUCATION EVENTS. ADDITIONALLY, THE ASSOCIATION PROVIDES ASSISTANCE TO MEMBERS OF THE ORGANIZATION IN FILING REQUIRED MEDICAL DOCUMENTATION TO PRACTICE MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Alexander Koumtchev Director | Trustee | 2 | $2,000 |
Dr Alison Stoner Director | Trustee | 2 | $1,800 |
Dr Bassam Helou President | OfficerTrustee | 10 | $45,000 |
Dr Chris Glattes Director | Trustee | 2 | $1,600 |
Dr Christopher Jones Director | Trustee | 2 | $800 |
Dr David Reichstein Director | Trustee | 2 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $250,625 |
| Investment income | $3,485 |
| 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 | $254,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,600 |
| 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. | $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 | $125,340 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $170 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,762 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,461 |
| All other expenses | $1,878 |
| Total functional expenses | $284,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,022 |
| Savings and temporary cash investments | $364,574 |
| 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 | $376,596 |
| 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 | $5,091 |
| Total liabilities | $5,091 |
| Net assets without donor restrictions | $371,505 |
| Net assets with donor restrictions | $0 |
| 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 | $376,596 |
Grants Awarded
Over the last fiscal year, Centennial Medical Staff Association has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HCA HOPE FUND PURPOSE: DONATION | $20,000 |
UNITED WAY WORLDWIDE PURPOSE: DONATION | $10,000 |