Montana Medical Association
- Assets
- $1.8m
- Revenue
- $1.5m
- Investments
- $532.0k
- Employees
- 11
- Location
- Helena, MT
- Founding
- 02/1952
- Data as of
- 12/2021
- 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 12/2021, Montana Medical Association employed 11 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 12/2021, Montana Medical Association generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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
2021
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 |
|---|---|---|---|
Jean Branscum CEO | OfficerTrustee | 40 | $189,517 |
Pamela Viva Cutler MD Immediate Past President | OfficerTrustee | 1 | $13,500 |
Carley C Robertson MD President | OfficerTrustee | 1 | $4,500 |
Sarah F Morgan MD Secretary | OfficerTrustee | 1 | $0 |
Robert C Sherrick MD Treasurer | OfficerTrustee | 1 | $0 |
Douglas Napier Muir MD Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $387,607 |
| Fundraising events | $0 |
| Related organizations | $140,000 |
| Government grants | $167,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $694,803 |
| Total Program Service Revenue | $588,669 |
| Investment income | $8,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $44,200 |
| Net Gain/Loss on Asset Sales | $1,379 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,521,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| 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. | $227,423 |
| Compensation of current officers, directors, key employees. | $68,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,785 |
| Pension plan accruals and contributions | $34,925 |
| Other employee benefits | $25,292 |
| Payroll taxes | $50,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,890 |
| Fees for services: Accounting | $9,075 |
| Fees for services: Lobbying | $49,432 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,072 |
| Fees for services: Other | $10,500 |
| Advertising and promotion | $0 |
| Office expenses | $16,928 |
| Information technology | $28,204 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,312 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,495 |
| Insurance | $14,465 |
| All other expenses | $57,555 |
| Total functional expenses | $1,163,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $876,212 |
| Savings and temporary cash investments | $108,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,076 |
| 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 | $6,233 |
| Net Land, buildings, and equipment | $236,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $532,032 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19 |
| Total assets | $1,822,868 |
| Accounts payable and accrued expenses | $124,241 |
| Grants payable | $0 |
| Deferred revenue | $203,071 |
| 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 | $310 |
| Total liabilities | $327,622 |
| Net assets without donor restrictions | $1,269,184 |
| Net assets with donor restrictions | $226,062 |
| 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 | $1,822,868 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Montana Medical Association has recieved totaling $118,900.
| Awarding Organization | Amount |
|---|---|
American Medical Association Chicago, IL PURPOSE: SCOPE OF PRACTICE PARTNERSHIP GRANT | $74,500 |
Montana Medical Association Foundation Helena, MT PURPOSE: TO PROVIDE RESOURCES, FUNDING, AND LEADERSHIP TOWARD SUPPORTING AND ENHANCING THE MONTANA MEDICAL ASSOCIATION'S LEADERSHIP PROGRAM. | $44,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board Of Veterinary Medical Examinors Bismarck, ND | $13,802,610 | $7,723,200 |
Montana Medical Association Helena, MT | $1,822,868 | $1,521,862 |
South Dakota State Medical Association Sioux Falls, SD | $10,781,756 | $1,840,981 |
South Dakota Dental Association Pierre, SD | $927,015 | $722,720 |
Idaho State Dental Association Boise, ID | $1,425,728 | $649,047 |
Montana Dental Association Inc Helena, MT | $552,170 | $460,581 |
American Academy Of Head Facial And Neck Pain & Tmj Orthopedics Bozeman, MT | $250,729 | $435,810 |
North Dakota State Dental Assoc Bismarck, ND | $561,372 | $359,214 |
Ada County Medical Society Inc Boise, ID | $563,339 | $349,920 |
Chiro For The People Corporation Boise, ID | $23,776 | $0 |
Accelerate Sioux Falls, SD | $61,421 | $0 |
North Dakota Chiropractic Association Inc Grand Forks, ND | $431,729 | $0 |