Houston Academy Of Medicine

Organization Overview

Houston Academy Of Medicine is located in Houston, TX. The organization was established in 1995. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Houston Academy Of Medicine employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Academy Of Medicine 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 12/2021, Houston Academy Of Medicine generated $9.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $9.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTS EDUCATION AND SCIENTIFIC PROGRAMS FOR PHYSICIANS, PATIENTS, AND THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TEXAS MEDICAL CENTER LIBRARY (TMC LIBRARY) PROVIDES BOOKS, PERIODICALS, LIBRARIAN SERVICES, RARE BOOKS, AUTOMATED INFORMATION SERVICES & PHOTOCOPYING. THE LIBRARY WAS OPEN 64 HOURS PER WEEK DURING 2021. IT SERVED 36,604 VISITORS.


COMMUNITY HEALTH AND MEDICAL PROJECTS: THE ACADEMY SUPPORTS THE GREATER HOUSTON COMMUNITY BY MAKING CONTRIBUTIONS TO THE JOHN P. MCGOVERN MUSEUM OF HEALTH AND MEDICAL SCIENCE AND PROVIDING EDUCATION ON A VARIETY OF HEALTH-RELATED TOPICS INCLUDING TRAUMA SAFETY AND BIKE HELMETS. THE ACADEMY ALSO SUPPORTS EMS UNITS AND CONTINUED DISTRIBUTING PPE TO HARRIS COUNTY PHYSICIANS IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
R Gregory Bernica
Exec. Vp/ceo
$170,000
Katherine Prentice
Tmc Library Ed
$148,088
Dorothy Cobbs
Cfo-Tmc Library
$136,127
Charles Njilefack
It Director
$116,577
Robert E Jackson MD
Vice President
$0
Louise H Bethea MD
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$240,628
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,386,409
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,627,037
Total Program Service Revenue$29,755
Investment income $1,402,134
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $44,245
Net Gain/Loss on Asset Sales $623,057
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,726,228

Grants Awarded

Over the last fiscal year, Houston Academy Of Medicine has awarded $415,264 in support to 20 organizations.

Grant RecipientAmount

JP MCGOVERN MUSEUM HEALTHMED

Org PageRecipient Profile

Houston, TX

PURPOSE: General Support

$130,000

ASC ACAD HEALTH SC LIBRARIES

Org PageRecipient Profile

Seattle, WA

PURPOSE: Outreach Services

$65,000

ALLIANCE OF BORDER COLLABORAT

Org PageRecipient Profile

El Paso, TX

PURPOSE: Outreach Services

$25,000

UNIVERSITY OF OKLAHOMA HSC

PURPOSE: Outreach/ Technology

$23,483

UT HEALTH SCIENCE CENTER

PURPOSE: Outreach Services

$17,975

LSU HEALTH SCIENCE CTR

PURPOSE: Outreach/ Technology

$17,456
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houston Academy Of Medicine has recieved totaling $300.

Awarding OrganizationAmount
Zions Bancorporation Foundation

Salt Lake City, UT

PURPOSE: SUPPORT THE TEXAS MEDICAL CENTER LIBRARY

$300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,078,865
Earnings$5,607,280
Other Expense$1,051,369
Ending Balance$37,634,776

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