Polk County Medical Foundation is located in Lakeland, FL. The organization was established in 2002. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polk County Medical Foundation 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 12/2023, Polk County Medical Foundation generated $45.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $51.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE POLK COUNTY MEDICAL FOUNDATION HELPS PROVIDE EDUCATIONAL AND CHARITABLE ACTIVITIES TO PROMOTE HEALTH AWARENESS AND ASSIST IN CONTINUING MEDICAL EDUCATION FOR PHYSICIANS, HEALTHCARE RELATED PROVIDERS AND THE COMMUNITY. THIS CONTINUED EDUCATION HELPS INSURE PATIENTS IN OUR COMMUNITY RECEIVE THE MOST COMPREHENSIVE TREATMENT AND SERVICES. THE FOUNDATION ALSO FUNDS SCHOLARSHIPS TO MEDICAL STUDENTS TO ASSIST IN THEIR PURSUIT OF A CAREER FOR YOU AND YOUR LOVED ONES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Nobo MD Treasurer | 0 | $0 | |
Sergio Seoane MD President | 0 | $0 | |
James Booker MD Secretary | 0 | $0 | |
Debra Seoane Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
Total Program Service Revenue | $45,340 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $45,590 |
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 | $1,750 |
Occupancy, rent, utilities, and maintenance | $49,840 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $51,590 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,299 |
Other assets | $0 |
Total assets | $286,709 |
Total liabilities | $176,699 |
Net assets or fund balances | $110,010 |