Montana Medical Association
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $511.8k
- Employees
- 15
- Location
- Helena, MT
- Founding
- 02/1952
- Data as of
- 12/2023
- EIN
- 81-0215638
Organization Overview
Montana Medical Association is located in Helena, MT. The organization was established in 1952. 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 12/2023, Montana Medical Association employed 15 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Montana 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 12/2023, Montana Medical Association generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE ITS MEMBERS AS AN ADVOCATE FOR THE MEDICAL PROFESSION, QUALITY PATIENT CARE AND THE HEALTH OF ALL MONTANA CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION COLLECTS MEMBER DUES TO SUPPORT ITS ACTIVITIES OF PROMOTING THE ART AND SCIENCE OF MEDICINE AND PROTECTING THE HEALTH OF THE CITIZENS OF MONTANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anderson William C MD Trustee | Trustee | 1 | $0 |
Baker Bridgette M MD Trustee | Trustee | 1 | $0 |
Beck Carter E MD Trustee | Trustee | 1 | $0 |
Bingham Jonathan Lee MD Member-At-Large | Trustee | 1 | $0 |
Branscum Jean CEO | OfficerTrustee | 40 | $234,359 |
Brewer Serena Z DO Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $354,289 |
| Fundraising events | $0 |
| Related organizations | $133,710 |
| Government grants | $53,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,251 |
| Total Program Service Revenue | $482,541 |
| Investment income | $18,160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,192 |
| Net Gain/Loss on Asset Sales | -$5,151 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,389,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $258,909 |
| Compensation of current officers, directors, key employees. | $82,851 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,186 |
| Pension plan accruals and contributions | $26,925 |
| Other employee benefits | $30,854 |
| Payroll taxes | $52,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,435 |
| Fees for services: Accounting | $29,524 |
| Fees for services: Lobbying | $120,131 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,438 |
| Fees for services: Other | $13,500 |
| Advertising and promotion | $33 |
| Office expenses | $16,547 |
| Information technology | $15,059 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,236 |
| Insurance | $17,392 |
| All other expenses | $79,994 |
| Total functional expenses | $1,422,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,911 |
| Savings and temporary cash investments | $144,365 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,869 |
| 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 | $6,894 |
| Net Land, buildings, and equipment | $224,463 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $511,843 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38 |
| Total assets | $1,608,383 |
| Accounts payable and accrued expenses | $112,941 |
| Grants payable | $0 |
| Deferred revenue | $183,720 |
| 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 | $4,210 |
| Total liabilities | $300,871 |
| Net assets without donor restrictions | $1,058,402 |
| Net assets with donor restrictions | $249,110 |
| 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 | $1,608,383 |