Skip to content
Nonprofiteer
← IOWA MEDICAL SOCIETY

Form 990 for tax year 2024

Filed by IOWA MEDICAL SOCIETY.

Totals

Total revenue
$1,972,261
Total expenses
$1,971,017
Contributions and grants received
$433,356
Grants paid
$0
Program service revenue
$1,278,863
Investment income
$243,242
Other revenue
$16,800
Total assets, end of year
$8,828,356
Total liabilities, end of year
$452,848
Net assets or fund balances, end of year
$8,375,508
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.

  • 1d · Related organizations

    $172,500

  • 1f · All other contributions, gifts and grants

    $260,856

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $938,601 · related or exempt $938,601

  • 2b · Program service revenue: STRATEGIC ALLIANCE

    total $200,502 · related or exempt $200,502

  • 2c · Program service revenue: ADVERTISING AND SUBSCR

    total $80,240 · unrelated business $80,240

  • 2d · Program service revenue: SPONSORSHIPS

    total $42,000 · related or exempt $42,000

  • 2e · Program service revenue: EDUCATION PROGRAMS

    total $17,460 · related or exempt $17,460

  • 2f · All other program service revenue

    total $60 · related or exempt $60

  • 3 · Investment income

    total $205,152 · excluded $205,152

  • 6a · Gross rents

    real property $16,800

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $16,800

  • 6d · Net rental income or loss

    total $16,800 · excluded $16,800

  • 7a · Gross sales of assets other than inventory

    securities $207,799

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

    securities $169,709

  • 7c · Gain or loss

    securities $38,090

  • 7d · Net gain or loss

    total $38,090 · excluded $38,090

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $299,736

  • 7 · Other salaries and wages

    total $684,391

  • 8 · Pension plan contributions

    total $27,490

  • 9 · Other employee benefits

    total $92,559

  • 10 · Payroll taxes

    total $77,055

  • 11b · Fees: legal

    total $23,430

  • 11c · Fees: accounting

    total $27,843

  • 11d · Fees: lobbying

    total $55,000

  • 11f · Fees: investment management

    total $21,193

  • 11g · Fees: other

    total $114,837

  • 12 · Advertising and promotion

    total $3,174

  • 13 · Office expenses

    total $46,145

  • 14 · Information technology

    total $70,367

  • 16 · Occupancy

    total $50,640

  • 17 · Travel

    total $20,319

  • 19 · Conferences, conventions and meetings

    total $122,497

  • 22 · Depreciation, depletion and amortization

    total $65,149

  • 23 · Insurance

    total $8,965

  • 24a · Other expenses: TEAM EXPENSES AND DEVEL

    total $67,536

  • 24b · Other expenses: COMMUNICATIONS AND PUBL

    total $38,944

  • 24c · Other expenses: CONTINUING EDUCATION

    total $13,361

  • 24d · Other expenses: EVENTS AND OTHER

    total $12,945

  • 24e · All other expenses

    total $27,441

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $113,260 · end of year $185,060

  • 2 · Savings and temporary cash investments

    beginning of year $813,193 · end of year $899,567

  • 4 · Accounts receivable

    beginning of year $134,360 · end of year $49,547

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,442 · end of year $5,825

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

    $2,087,724

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

    $790,539

  • 10c · Land, buildings and equipment, net

    beginning of year $1,362,334 · end of year $1,297,185

  • 11 · Investments: publicly traded securities

    beginning of year $5,921,323 · end of year $6,391,172

  • 12 · Investments: other securities

    beginning of year $18,728 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $178,075 · end of year $182,087

  • 19 · Deferred revenue

    beginning of year $279,550 · end of year $270,761

  • 27 · Net assets without donor restrictions

    beginning of year $7,913,015 · end of year $8,375,508

Mission and programs · 2024

Mission

OUR MISSION IS TO ADVANCE THE PRACTICE OF MEDICINE THROUGH ADVOCACY, EDUCATION, AND ENGAGEMENT WITH PHYSICIANS THROUGHOUT IOWA TO ENSURE THE HIGHEST QUALITY OF CARE FOR THE PATIENTS THEY SERVE.

Activities or mission (Part I)

PROFESSIONAL MEMBERSHIP ASSOCIATION FOR ALLOPATHIC AND OSTEOPATHIC PHYSICIANS IN IOWA.

  • ADVANCE THE PRACTICE OF MEDICINE THROUGH ADVOCACY, EDUCATION AND ENGAGEMENT WITH PHYSISICIANS THROUGHOUT IOWA TO ENSURE THE HIGHEST QUALITY OF CARE FOR THE PATIENT THEY SERVE. APPROXIMATELY 3,039 MEMBERS DURING 2024.

  • PLANNING AND ORGANIZATION OF VARIOUS EVENTS FOR MEMBERS OF IOWA MEDICAL SOCIETY.

As filed on the 2024 return.

Listed in Part VII

  • Taylor Christina

    PRESIDENT

    Total calculated
    $8,800
    From this org
    $8,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 3.5 related
  • Zuzga-Reed Jessica

    PAST PRESIDENT

    Total calculated
    $4,400
    From this org
    $4,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 3.5 related
  • Lynch Alison

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1
  • Erdahl Lillian

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tonui Peter

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Barscz Josi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Boevers Emily

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jenkins Lindsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Leveridge Shannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • McCabe Daniel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Moe Daniel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Olesen Karen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • O'Shea Noreen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Preisse Rachel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryon Joel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sharp Victoria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Syring Mara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Trudeau Emily

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vollstedt Keith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yacoub Fadi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Churchill Steven W

    CEO

    Total calculated
    $309,672
    From this org
    $284,982
    From related orgs
    $0
    Other
    $24,690
    Hours/week
    40 + 3.5 related

    Schedule J breakdown matched by us

    Base
    $260,982
    Bonus
    $24,000
    Other
    $0
    Deferred
    $9,936
    Nontaxable benefits
    $14,754
    Filer's total
    $309,672
  • Opie Sara

    COMMUNICATIONS AND MARKETING DIRECTOR

    Total calculated
    $127,854
    From this org
    $108,179
    From related orgs
    $0
    Other
    $19,675
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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
2024
Filed
26 August 2025
IRS schema version
2024v5.2
Source object
202502869349301045

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.