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Nonprofiteer
← OKLAHOMA COUNTY MEDICAL SOCIETY

Form 990 for tax year 2024

Filed by OKLAHOMA COUNTY MEDICAL SOCIETY.

Totals

Total revenue
$245,894
Total expenses
$296,077
Contributions and grants received
$98,751
Grants paid
$0
Program service revenue
$65,287
Investment income
$21,890
Other revenue
$59,966
Total assets, end of year
$451,098
Total liabilities, end of year
$77,009
Net assets or fund balances, end of year
$374,089
Program services expenses (Part IX)
$0
Management and general expenses
$296,077
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1b · Membership dues

    $98,751

  • 2a · Program service revenue: Bulletin Receipts

    total $7,585 · related or exempt $7,585

  • 2b · Program service revenue: Meeting Income

    total $57,702 · related or exempt $57,702

  • 3 · Investment income

    total $11,609 · excluded $11,609

  • 7a · Gross sales of assets other than inventory

    securities $143,448

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

    securities $133,167

  • 7c · Gain or loss

    securities $10,281

  • 7d · Net gain or loss

    total $10,281 · excluded $10,281

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Expense Reimbursements

    total $59,966 · related or exempt $59,966

  • 11e · Other revenue, total

    $59,966

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $136,212 · management and general $136,212

  • 8 · Pension plan contributions

    total $13,501 · management and general $13,501

  • 9 · Other employee benefits

    total $5,925 · management and general $5,925

  • 10 · Payroll taxes

    total $10,676 · management and general $10,676

  • 11c · Fees: accounting

    total $11,685 · management and general $11,685

  • 11f · Fees: investment management

    total $2,896 · management and general $2,896

  • 12 · Advertising and promotion

    total $1,386 · management and general $1,386

  • 13 · Office expenses

    total $13,977 · management and general $13,977

  • 14 · Information technology

    total $5,600 · management and general $5,600

  • 16 · Occupancy

    total $23,625 · management and general $23,625

  • 17 · Travel

    total $3,161 · management and general $3,161

  • 19 · Conferences, conventions and meetings

    total $38,344 · management and general $38,344

  • 23 · Insurance

    total $7,648 · management and general $7,648

  • 24a · Other expenses: Bulletin Costs

    total $12,208 · management and general $12,208

  • 24b · Other expenses: Credit Card Processing

    total $3,481 · management and general $3,481

  • 24c · Other expenses: Telephone

    total $2,239 · management and general $2,239

  • 24d · Other expenses: Public Relations & Charity

    total $2,421 · management and general $2,421

  • 24e · All other expenses

    total $1,092 · management and general $1,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,797 · end of year $18,862

  • 2 · Savings and temporary cash investments

    beginning of year $4,643 · end of year $5,514

  • 4 · Accounts receivable

    beginning of year $5,400 · end of year $1,389

  • 9 · Prepaid expenses and deferred charges

    end of year $2,500

  • 11 · Investments: publicly traded securities

    beginning of year $446,865 · end of year $422,833

  • 17 · Accounts payable and accrued expenses

    beginning of year $52,968 · end of year $20,274

  • 19 · Deferred revenue

    beginning of year $54,783 · end of year $56,735

  • 27 · Net assets without donor restrictions

    beginning of year $391,954 · end of year $374,089

Mission and programs · 2024

Mission

Promote medical science in Oklahoma County.

  • Initiated a Leadership Academy, the purpose of which is to orient and train OCMS members for future leadership positions at county, state, and national levels. The Academy included instruction in finances, business partnerships, political processes, media relations, public speaking, board leadership, parliamentary procedure, business community involvement, cultural community involvement and organized medicine. Co-sponsored the Open Arms Free Clinic which provides health carefor uninsured residents of Oklahoma County. The Society isresponsible for providing primary care physicians to staff theclinic and specialty physicians in the event the patientsmedical condition cannot be treated at the clinic. Staff membersof the Society also volunteer each evening the clinic is opento the public. Acted as liaison for the voluntary community-wide on-call system.This system coordinates the emergency services in the county tomaximize the effectiveness and efficiency of the services of allof the participating trauma centers, resulting in vastly improvedemergency medical services for residents of Oklahoma County. Coordinated activities to improve health care, provide staffing, and improve availability of medical supplies at free and low cost clinics serving those without alternative access to health care.

As filed on the 2024 return.

Listed in Part VII

  • Alison Fink

    Exec Director

    Total calculated
    $87,925
    From this org
    $82,000
    From related orgs
    $0
    Other
    $5,925
    Hours/week
    40
  • Tauseef Ali

    Director

    Total calculated
    $0
    Hours/week
    1
  • Hakeem Shakir

    Director

    Total calculated
    $0
    Hours/week
    1
  • Maya Gharfeh

    Director

    Total calculated
    $0
    Hours/week
    1
  • Amanda Levine

    Director

    Total calculated
    $0
    Hours/week
    1
  • Robert Leonard

    Director

    Total calculated
    $0
    Hours/week
    1
  • Adam McConnell

    Director

    Total calculated
    $0
    Hours/week
    1
  • Randal Juengel

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ryan Morgan

    Director

    Total calculated
    $0
    Hours/week
    1
  • Nigam Sheth

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mark Shreve

    Director

    Total calculated
    $0
    Hours/week
    1
  • Irim Yasin

    Director

    Total calculated
    $0
    Hours/week
    1
  • David Korber

    Secretary Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Betsy Jett

    Director

    Total calculated
    $0
    Hours/week
    1
  • Matthew J Jared

    President

    Total calculated
    $0
    Hours/week
    2
  • Poojah Singal

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Arielle M Allen

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Bradley Margo

    President Elect

    Total calculated
    $0
    Hours/week
    1

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.

Provenance

Return type
form_990
Tax year
2024
Filed
3 February 2025
IRS schema version
2024v5.0
Source object
202520649349301312

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