Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $227,605

• 2a · Program service revenue: MEMBERSHIP DUES

  total $1,732,001 · related or exempt $1,732,001

• 2b · Program service revenue: SEMINAR & ACCREDITATIO

  total $223,850 · related or exempt $223,850

• 2c · Program service revenue: PRISON RE-ACCREDITATIO

  total $189,255 · related or exempt $189,255

• 2d · Program service revenue: EXHIBIT REVENUE

  total $159,413 · related or exempt $159,413

• 2e · Program service revenue: ADVERTISING

  total $23,050 · unrelated business $23,050

• 3 · Investment income

  total $37,985 · unrelated business -$5,560 · excluded $43,545

• 6a · Gross rents

  real property $120,350

• 6b · Less rental expenses

  real property $76,664

• 6c · Rental income or loss

  real property $43,686

• 6d · Net rental income or loss

  total $43,686 · excluded $43,686

• 11a · Other revenue: REFUNDS, REIMBURSEMENT

  total $33,357 · excluded $33,357

• 11e · Other revenue, total

  $33,357

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $312,377

• 7 · Other salaries and wages

  total $691,131

• 8 · Pension plan contributions

  total $39,084

• 9 · Other employee benefits

  total $113,877

• 10 · Payroll taxes

  total $74,224

• 11b · Fees: legal

  total $32,795

• 11c · Fees: accounting

  total $119,467

• 11d · Fees: lobbying

  total $78,015

• 11f · Fees: investment management

  total $3,126

• 11g · Fees: other

  total $381,122

• 12 · Advertising and promotion

  total $7,660

• 13 · Office expenses

  total $88,473

• 14 · Information technology

  total $64,771

• 16 · Occupancy

  total $146,955

• 17 · Travel

  total $88,469

• 19 · Conferences, conventions and meetings

  total $253,926

• 22 · Depreciation, depletion and amortization

  total $51,082

• 23 · Insurance

  total $37,808

• 24a · Other expenses: ACCREDITED PROVIDER FEE

  total $34,955

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $17,168

• 24c · Other expenses: PROFESSIONAL RECOGNITIO

  total $1,698

• 24d · Other expenses: UBI TAX

  total $535

• 24e · All other expenses

  total $13,454

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $685,898 · end of year $371,398

• 2 · Savings and temporary cash investments

  beginning of year $1,597,599 · end of year $1,890,959

• 4 · Accounts receivable

  beginning of year $114,422 · end of year $77,152

• 9 · Prepaid expenses and deferred charges

  beginning of year $45,585 · end of year $57,568

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

  $4,494,527

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

  $1,808,735

• 10c · Land, buildings and equipment, net

  beginning of year $2,627,145 · end of year $2,685,792

• 12 · Investments: other securities

  beginning of year $1,127,748 · end of year $949,227

• 15 · Other assets

  beginning of year $32,821 · end of year $30,287

• 17 · Accounts payable and accrued expenses

  beginning of year $214,825 · end of year $238,038

• 19 · Deferred revenue

  beginning of year $769,333 · end of year $782,055

• 25 · Other liabilities

  beginning of year $89,501 · end of year $76,580

• 27 · Net assets without donor restrictions

  beginning of year $4,742,415 · end of year $4,343,404

• 28 · Net assets with donor restrictions

  beginning of year $415,144 · end of year $622,306

The filer's explanations (Part III)

PART I, LINE 1A

MEDICAL ASSOCIATION OF GEORGIA, INC PAYS FOR THE SPOUSE TRAVEL FOR THE EXECUTIVE DIRECTOR. THIS AMOUNT IS INCLUDED IN THE EMPLOYEE'S TAXABLE COMPENSATION REPORTED ON THE W-2.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MAG INSURANCE SOLUTIONS

  INVEST IN MAG INSURANCE AGENCY · GA · income $0 · assets $4,469

  Directly controlled by MEDICAL ASSOCIATION OF GEORGIA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• MAG PROFESSIONAL SERVICES LLC

  C · SUPPORTING ENTITY · GA · 100% owned · share of income $7,425 · share of assets $44,215 · controlled entity

  Directly controlled by MEDICAL ASSOCIATION OF GEORGIA