Texas Medical Association
- Assets
- $65.8m
- Revenue
- $26.0m
- Investments
- $0.0
- Employees
- 151
- Location
- Austin, TX
- Founding
- 06/1945
- Data as of
- 12/2021
- EIN
- 74-1078510
Organization Overview
Texas Medical Association is located in Austin, TX. The organization was established in 1945. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Texas Medical Association employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Medical Association 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, Texas Medical Association generated $26.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $24.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Texas Medical Association has awarded 40 individual grants totaling $3,531,418. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT TEXAS PHYSICIANS BY PROVIDING DISTINCTIVE SOLUTIONS TO THE CHALLENGES THEY ENCOUNTER IN THE CARE OF PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY DIVISION OVERSEES AND REPORTS ON LEGISLATION AFFECTING THE MEDICAL PROFESSION AND THE PUBLIC HEALTH. SERVES ALL 56,177 MEMBERS.
MEDICAL EDUCATION AND SCIENTIFIC ADVANCEMENT: PROVIDES MEDICAL PUBLICATIONS, SEMINARS AND WEBINARS FOR ALL 56,177 MEMBERS.
SOCIOECONOMIC DIVISION OVERSEES AND REPORTS ON GOVERNMENT AND REGULATORY ACTIVITY AFFECTING THE MEDICAL PROFESSION. SERVES ALL 56,177 MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Darrouzet Evp/ceo | Officer | 40 | $599,554 |
John E Dorman COO | Officer | 40 | $450,462 |
Donald P Wilcox General Counsel | 40 | $341,176 | |
Dan Finch Vice President | 40 | $310,633 | |
Kelly Walla Deputy General Counsel | 40 | $269,246 | |
Karen G Batory Vice President | 40 | $251,160 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sidley Austin Llp Legal Services | 12/30/21 | $283,561 |
Quadgraphics Printing Corporation Printing | 12/30/21 | $239,393 |
Professional Janitorial Service Janitorial Services | 12/30/21 | $220,101 |
Eppstein Group Advocacy Services | 12/30/21 | $219,000 |
Syntax Cloud Solutions Llc Software/cloud Svcs | 12/30/21 | $134,622 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $916,663 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $678,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,594,886 |
| Total Program Service Revenue | $19,359,721 |
| Investment income | $608,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,967,077 |
| Net Rental Income | $793,437 |
| Net Gain/Loss on Asset Sales | $780,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,009,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $723,218 |
| Grants and other assistance to domestic individuals. | $55,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,015,938 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,105,259 |
| Pension plan accruals and contributions | $1,237,085 |
| Other employee benefits | $1,197,406 |
| Payroll taxes | $849,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $464,042 |
| Fees for services: Accounting | $31,235 |
| Fees for services: Lobbying | $480,967 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $131,210 |
| Fees for services: Other | $407,110 |
| Advertising and promotion | $29,843 |
| Office expenses | $1,158,578 |
| Information technology | $990,448 |
| Royalties | $0 |
| Occupancy | $1,080,746 |
| Travel | $137,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $560,159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $890,968 |
| Insurance | $137,733 |
| All other expenses | $0 |
| Total functional expenses | $24,098,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,628,126 |
| Savings and temporary cash investments | $5,372,489 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $552,159 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,286 |
| Inventories for sale or use | $13,815 |
| Prepaid expenses and deferred charges | $6,954,305 |
| Net Land, buildings, and equipment | $8,889,278 |
| Investments—publicly traded securities | $41,419,082 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,833,540 |
| Accounts payable and accrued expenses | $3,330,275 |
| Grants payable | $0 |
| Deferred revenue | $10,655,019 |
| 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 | $6,834,182 |
| Total liabilities | $20,819,476 |
| Net assets without donor restrictions | $44,970,403 |
| Net assets with donor restrictions | $43,661 |
| 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 | $65,833,540 |
Grants Awarded
Over the last fiscal year, Texas Medical Association has awarded $634,270 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: OPERATING EXPENSE SUPPORT | $195,446 |
Austin, TX PURPOSE: OPERATING EXPENSE SUPPORT | $104,473 |
Austin, TX PURPOSE: PUBLIC HEALTH PROGRAM SUPPORT | $90,080 |
Austin, TX PURPOSE: OPERATING EXPENSE SUPPORT | $78,271 |
Austin, TX PURPOSE: EDUCATION PROGRAM SUPPORT | $58,000 |
Austin, TX PURPOSE: PUBLIC HEALTH PROGRAM SUPPORT | $45,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Medical Association has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
M B Ahmed Family Foundation Plano, TX PURPOSE: GENERAL | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Foundation For Medical Care Inc Fort Smith, AR | $38,817,634 | $50,008,157 |
American College Of Emergency Physicians Dallas, TX | $49,367,676 | $34,228,137 |
Texas Medical Association Austin, TX | $65,833,540 | $26,009,481 |
American Society Of Radiologic Technologists Albuquerque, NM | $88,784,741 | $27,111,728 |
Texas Hospital Association Austin, TX | $43,054,266 | $12,318,652 |
American Academy Of Nurse Practitioners National Austin, TX | $57,378,377 | $17,128,839 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |
American Academy Of Family Physicians Austin, TX | $11,091,326 | $3,771,069 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |