Smith County Medical Society
- Assets
- $546.0k
- Revenue
- $153.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Tyler, TX
- Founding
- 08/1953
- Data as of
- 12/2021
- EIN
- 75-0869892
Organization Overview
Smith County Medical Society is located in Tyler, TX. The organization was established in 1953. 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. As of 12/2021, Smith County Medical Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smith County Medical Society 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, Smith County Medical Society generated $153.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $135.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN A PROFESSIONAL SOCIETY OF PHYSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN A PROFESSIONAL SOCIETY OF PHYSICIANS.
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 |
|---|---|---|---|
Angela Driggs Executive Director | Officer | 40 | $75,000 |
Michele Bosworth MD Secretary | OfficerTrustee | 1 | $0 |
Evans Smith MD Vice President | OfficerTrustee | 1 | $0 |
Angela Cade MD Treasurer | OfficerTrustee | 1 | $0 |
David Kummerfeld MD President | OfficerTrustee | 1 | $0 |
Lisa Allen MD President-Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $132,707 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,583 |
| Total Program Service Revenue | $0 |
| Investment income | $4,345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,636 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,141 |
| 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. | $81,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,619 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,031 |
| Travel | $627 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,888 |
| Interest | $6,480 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,729 |
| Insurance | $2,412 |
| All other expenses | $0 |
| Total functional expenses | $135,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,295 |
| 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 | $182 |
| Net Land, buildings, and equipment | $254,904 |
| Investments—publicly traded securities | $241,834 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $545,989 |
| Accounts payable and accrued expenses | $9,082 |
| Grants payable | $0 |
| Deferred revenue | $55,433 |
| 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 | $123,720 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $188,235 |
| Net assets without donor restrictions | $357,754 |
| 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 | $545,989 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Smith County Medical Society has recieved totaling $8,295.
| Awarding Organization | Amount |
|---|---|
Texas Medical Association Austin, TX PURPOSE: PUBLIC HEALTH PROGRAM SUPPORT | $8,295 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whole Health Institute And Chopra Library Bentonville, AR | $611,418,870 | $256,773,632 |
American Board Of Otolaryngology Inc Houston, TX | $20,175,383 | $4,989,123 |
Emergency Medicine Residents Association Dallas, TX | $6,413,964 | $3,106,617 |
Harris County Medical Society Houston, TX | $22,414,880 | $3,782,699 |
Dallas County Dental Society Dallas, TX | $6,179,833 | $1,349,613 |
New Mexico Medical Society Albuquerque, NM | $2,382,058 | $1,234,504 |
Oklahoma Dental Association Oklahoma City, OK | $2,812,606 | $1,176,462 |
Bexar County Medical Society San Antonio, TX | $5,394,057 | $1,311,845 |
Texas Podiatric Medical Association Colleyville, TX | $2,631,652 | $995,706 |
Texas Chiropractic Association Inc Austin, TX | $1,108,639 | $1,108,627 |
Oklahoma Osteopathic Association Oklahoma City, OK | $1,129,754 | $1,011,691 |
Greater Houston Dental Society Houston, TX | $760,097 | $733,135 |