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← INSTITUTE OF MEDICINE AND PUBLIC HEALTH OF NEW JERSEY INC

Form 990 for tax year 2023

Filed by INSTITUTE OF MEDICINE AND PUBLIC HEALTH OF NEW JERSEY INC.

Totals

Total revenue
$17
Total expenses
$17,084
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$17
Other revenue
$0
Total assets, end of year
$125,281
Total liabilities, end of year
$28,065
Net assets or fund balances, end of year
$97,216
Program services expenses (Part IX)
$0
Management and general expenses
$17,084
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.

  • 3 · Investment income

    total $17 · excluded $17

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $12,000 · management and general $12,000

  • 11c · Fees: accounting

    total $4,500 · management and general $4,500

  • 23 · Insurance

    total $529 · management and general $529

  • 24a · Other expenses: OFFICE SUPPLIES AND EXP

    total $55 · management and general $55

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $102,886 · end of year $6,169

  • 7 · Other notes and loans receivable

    beginning of year $39,112 · end of year $119,112

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,650 · end of year $9,000

  • 19 · Deferred revenue

    beginning of year $19,065 · end of year $19,065

  • 27 · Net assets without donor restrictions

    beginning of year -$124,985 · end of year -$142,052

  • 28 · Net assets with donor restrictions

    beginning of year $239,268 · end of year $239,268

Mission and programs · 2023

Mission

OUR MISSION IS TO CREATE PARTNERSHIPS AMONG THE MEDICAL PROFESSION AND THE COMMUNITIES IT SERVES TO RESOLVE ESSENTIAL HEALTH ISSUES. TO PROMOTE OUR MISSION, WE PLAN TO MANAGE PROGRAM GRANTS IN SUPPORT OF PUBLIC HEALTH, PROVIDE OPPORTUNITIES FOR PHYSICIANS TO PURSUE CONTINUING MEDICAL EDUCATION, AND FACILITATE STRATEGIC PARTNERSHIPS AMONG VARIOUS HEALTHCARE SECTIONS, INCLUDING PHYSICIANS, THE PUBLIC, OTHER HEALTH PROFESSIONALS, AND THE GOVERNMENT.

Activities or mission (Part I)

OUR MISSION IS TO CREATE PARTNERSHIPS AMONG THE MEDICAL PROFESSION AND THE COMMUNITIES IT SERVES TO RESOLVE ESSENTIAL HEALTH ISSUES. TO PROMOTE OUR MISSION, WE PLAN TO MANAGE PROGRAM GRANTS IN SUPPORT OF PUBLIC HEALTH, PROVIDE OPPORTUNITIES FOR PHYSICIANS TO PURSUE CONTINUING MEDICAL EDUCATION, AND FACILITATE STRATEGIC PARTERSHIPS AMONG VARIOUS HEALTHCARE SECTIONS, INCLUDING PHYSICIANS, THE PUBLIC, OTHER HEALTH PROFESSIONALS, AND THE GOVERNMENT.

  • IOMPH CONVENED THE HEALTHCARE EXECUTIVE LEADERSHIP ACADEMY TO BUILD COLLABORATIVE LEADERSHIP SKILLS THROUGHOUT THE NJ HEALTHCARE ARENA. NJ HELA BRINGS TOGETHER FUTURE AND CURRENT LEADERS FROM MEDICINE, HOSPITALS AND THE INSURANCE INDUSTRY TO WORK THROUGH LARGE HEALTHCARE PROBLEMS FACING NJ. THOSE TOPICS INCLUDE CARING FOR PATIENTS AT THE END OF LIFE AND ADDRESSING NJ OPIOID EPIDEMIC.

  • IOMPH ASSISTED PHYSICIANS CONFRONTING THE COVID PANDEMIC BY ACQUIRING AND DISTRIBUTING PERSONAL PROTECTIVE EQUIPMENT FOR USE IN PRIVATE MEDICAL OFFICES. THIS PROGRAM FILLED A NEED FOR SMALL PRACTICES THAT DID NOT HAVE ACCESS TO SMALL QUANTITY OF PPE TO PROTECT THEIR STAFF WHILE REOPENING FOR COMMUNITY BASED MEDICAL CARE.

  • IOMPH PARTNERED WITH THE AMA TO PROVIDE A RESEARCHED BASED "STEPS FORWARD" PROGRAM TO ASSIST PRACTICES AND HOSPITALS ADDRESSING THE LARGE AND GROWING PROBLEM OF PHYSICIAN BURN OUT. THE PROGRAM ALSO PROVIDE THE FIRST MEDICAL PRACTICE BASED RESEARCH PROJECT. PRACTICES WERE PROVIDED WORKFLOW IMPROVEMENT TOOLS AND TRAINING TO ASSESS IMPROVEMENTS IN THE RATES OF PHYSICIAN BURNOUT IN EACH PRACTICE SETTING.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LARRY DOWNS

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    7
  • EDWARD VON DER SCHMIDT III DVMMD

    PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • WILLIAM BARTZAK

    VICE PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • DAVID E SWEE MD

    TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • STEVEN HOLT ESQ

    SECRETARY/TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • JOSEPH F FENNELLY MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • SHAROL A LEWIS MD MPH MBA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • ALAN LIPPMAN MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • PAUL MINITER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • NICK PONZIO PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • JOSEPH H REICHMAN MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • RUTH SCHULZE MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

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
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349302228

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