Obesity Medicine Association
- Assets
- $7.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 04/1970
- Data as of
- 12/2022
- EIN
- 84-0607207
Organization Overview
Obesity Medicine Association is located in Centennial, CO. The organization was established in 1970. 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. Obesity Medicine 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 12/2022, Obesity Medicine Association generated $4.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $4.5m during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ADVANCE THE FIELD OF CLINICAL OBESITY MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE AND IMPROVE THE STANDARDS OF PRACTICE AND QUALITY OF PROFESSIONAL SERVICE IN THE FIELD OF OBESITY MEDICINE THROUGH EDUCATION AND MEMBERSHIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Fitch MD President | OfficerTrustee | 1 | $800 |
Harold Bays MD Vice President | OfficerTrustee | 1 | $80,487 |
Marisa Censani MD Secretary/treasurer | OfficerTrustee | 1 | $0 |
Lydia Alexander MD President-Elect | OfficerTrustee | 1 | $0 |
Ethan Lazarus MD Past President | OfficerTrustee | 1 | $1,575 |
Craig Primack MD Ex-Officio | Trustee | 1 | $950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cadmium Partners S-corp Event Hosting Software | 12/30/22 | $135,432 |
Ceavco Audio Visual Co Inc Av Services | 12/30/22 | $255,903 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $4,170,129 |
| Investment income | $148,806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,426 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,332,361 |
| 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. | $340,762 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,032,134 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $151,951 |
| Payroll taxes | $116,679 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,045 |
| Fees for services: Accounting | $62,998 |
| Fees for services: Lobbying | $78,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,483 |
| Fees for services: Other | $83,235 |
| Advertising and promotion | $98,453 |
| Office expenses | $32,420 |
| Information technology | $137,982 |
| Royalties | $0 |
| Occupancy | $89,215 |
| Travel | $181,203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,582,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,165 |
| Insurance | $10,550 |
| All other expenses | $58,633 |
| Total functional expenses | $4,468,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,457 |
| Savings and temporary cash investments | $6,513,444 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $124,244 |
| 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 | $151,629 |
| Net Land, buildings, and equipment | $90,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,201 |
| Total assets | $7,352,905 |
| Accounts payable and accrued expenses | $422,244 |
| Grants payable | $0 |
| Deferred revenue | $1,472,025 |
| 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 | $0 |
| Total liabilities | $1,894,269 |
| Net assets without donor restrictions | $5,447,046 |
| Net assets with donor restrictions | $11,590 |
| 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 | $7,352,905 |