Denton County Medical Society is located in Richardson, TX. The organization was established in 1981. 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. Denton 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 12/2022, Denton County Medical Society generated $79.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $68.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL ASSOCIATION OF PHYSICIANS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sathya Bhandari MD Member At Large | 1 | $0 | |
Anil Nanda MD President | 1 | $0 | |
Shika Mane MD President - Elect | 1 | $0 | |
Eric Anderson MD Vice President | 1 | $0 | |
Hana Tartibi MD Secretary/treasurer | 1 | $0 | |
Bhaskar Padakandla MD Past President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $400 |
| Membership dues | $72,700 |
| Investment income | $6,751 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,389 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,548 |
| Total expenses | $68,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $337,903 |
| Other assets | $0 |
| Total assets | $348,627 |
| Total liabilities | $53,633 |
| Net assets or fund balances | $294,994 |