Skip to content
Nonprofiteer
← ACADEMY OF MEDICINE OF CLEVELAND

Form 990 for tax year 2023

Filed by ACADEMY OF MEDICINE OF CLEVELAND.

Totals

Total revenue
$344,019
Total expenses
$328,073
Contributions and grants received
$9,076
Grants paid
$0
Program service revenue
$208,113
Investment income
$116,105
Other revenue
$10,725
Total assets, end of year
$494,696
Total liabilities, end of year
$112,701
Net assets or fund balances, end of year
$381,995
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,645

  • 1f · All other contributions, gifts and grants

    $7,431

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $126,098 · related or exempt $126,098

  • 2b · Program service revenue: REIMB.FROM FDN.

    total $78,250 · related or exempt $78,250

  • 2c · Program service revenue: OTHER EVENTS

    total $3,765 · related or exempt $3,765

  • 3 · Investment income

    total $104,738 · excluded $104,738

  • 7a · Gross sales of assets other than inventory

    securities $11,367

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $11,367

  • 7d · Net gain or loss

    total $11,367 · excluded $11,367

  • 11a · Other revenue: ADVERTISING

    total $9,238 · unrelated business $9,238

  • 11b · Other revenue: OTHER INCOME

    total $1,487 · related or exempt $1,487

  • 11e · Other revenue, total

    $10,725

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $139,050

  • 7 · Other salaries and wages

    total $78,981

  • 8 · Pension plan contributions

    total $1,549

  • 9 · Other employee benefits

    total $3,736

  • 10 · Payroll taxes

    total $19,712

  • 11b · Fees: legal

    total $3,186

  • 11f · Fees: investment management

    total $2,555

  • 11g · Fees: other

    total $17,016

  • 12 · Advertising and promotion

    total $4,816

  • 13 · Office expenses

    total $2,718

  • 16 · Occupancy

    total $20,051

  • 17 · Travel

    total $3,636

  • 20 · Interest

    total $38

  • 23 · Insurance

    total $4,776

  • 24a · Other expenses: EVENT EXPENSES

    total $9,150

  • 24b · Other expenses: TELEPHONE

    total $5,128

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $4,507

  • 24d · Other expenses: SPONSORSHIP EXPENSES

    total $1,500

  • 24e · All other expenses

    total $5,968

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,629 · end of year $10,104

  • 10a · Land, buildings and equipment: cost or other basis

    $17,957

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,921

  • 10c · Land, buildings and equipment, net

    beginning of year $11,036 · end of year $11,036

  • 11 · Investments: publicly traded securities

    beginning of year $428,548 · end of year $471,728

  • 15 · Other assets

    beginning of year $1,828 · end of year $1,828

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,012 · end of year $10,276

  • 19 · Deferred revenue

    beginning of year $117,848 · end of year $102,425

  • 27 · Net assets without donor restrictions

    beginning of year $180,131 · end of year $253,428

  • 28 · Net assets with donor restrictions

    beginning of year $152,050 · end of year $128,567

Mission and programs · 2023

Mission

THE ACADEMY OF MEDICINE OF CLEVELAND AND NORTHERN OHIO SUPPORTS PHYSICIANS IN BEING STRONG ADVOCATES FOR ALL PATIENTS AND PROMOTES THE PRACTICE OF THE HIGHEST QUALITY OF MEDICINE.

Activities or mission (Part I)

PROFESSIONAL MEDICAL SOCIETY FOR PHYSICIANS IN CUYAHOGA COUNTY, OHIO

  • SERVICE TO MEMBERS VIA EDUCATIONAL PROGRAMS, REFFERALS, PEER REVIEW, COMMUNITY PROJECTS, ADMIN. SERVICE FOR SPECIALTY SOCIETIES, LIAISON WITH STATE & FEDERAL GOVT. OFFICES, COMMUNICATIONS IN LEGISLATIVE & PRACTICE MGMT.

As filed on the 2023 return.

Listed in Part VII

  • Tanveer Singh MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard Watkins MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Hanicak MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gerard Isenberg MD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jonathan Scharfstein MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Michael Shaugnessy MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary Laplante MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marie Schaefer MD

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    2

  • Eric Shapiro MD

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Lynn Milliner MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Erinn Coe MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lilian White MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ricardo Correa MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Johns

    EXECUTIVE DIRECTOR

    Total calculated
    $139,050
    From this org
    $135,000
    From related orgs
    $0
    Other
    $4,050
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202443179349306879

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.