Lake-Sumter Medical Society Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Dora, FL
- Founding
- 05/2003
- Data as of
- 12/2021
- EIN
- 59-1199336
Organization Overview
Lake-Sumter Medical Society Inc is located in Mount Dora, FL. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake-Sumter Medical Society 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 12/2021, Lake-Sumter Medical Society Inc generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
PHYSICIAN SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Lavezzi President | 0 | $0 | |
Ernesto Zavalata Director | 0 | $0 | |
Shelley Glover Director | 0 | $0 | |
Sheyla Zelaya Director | 0 | $0 | |
Samuel Goss Director | 0 | $0 | |
Tera Jones Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,867 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,555 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,423 |
| Total Revenue | $29,845 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,667 |
| Professional fees and other payments to independent contractors | $3,001 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,628 |
| Total expenses | $45,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,885 |
| Other assets | $0 |
| Total assets | $35,885 |
| Total liabilities | $1,768 |
| Net assets or fund balances | $34,117 |