Form 990 for tax year 2023
Filed by ALLEGHENY COUNTY MEDICAL SOCIETY FOUNDATION WM WEISSER ET AL TRUSTE.
Totals
- Total revenue
- $2,908,800
- Total expenses
- $342,219
- Contributions and grants received
- $45,722
- Grants paid
- $272,000
- Program service revenue
- $0
- Investment income
- $2,894,491
- Other revenue
- -$31,413
- Total assets, end of year
- $6,229,724
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $6,229,724
- Program services expenses (Part IX)
- $272,000
- Management and general expenses
- $69,854
- Fundraising expenses
- $365
- Program service expenses (Part III)
- $272,000
Program services were 79.5% 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.
-
1c · Fundraising events
$34,706
-
1f · All other contributions, gifts and grants
$11,016
-
1g · Noncash contributions included above
$5,080
-
3 · Investment income
total $196,495 · excluded $196,495
-
7a · Gross sales of assets other than inventory
securities $8,261,941
-
7b · Less cost or other basis and sales expenses
securities $5,563,945
-
7c · Gain or loss
securities $2,697,996
-
7d · Net gain or loss
total $2,697,996 · excluded $2,697,996
-
8a · Fundraising events: gross income
$8,635
-
8a · Fundraising events: contributions included on line 1c
$34,706
-
8b · Fundraising events: direct expenses
$40,048
-
8c · Net income from fundraising events
total -$31,413 · excluded -$31,413
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $272,000 · program services $272,000
-
11a · Fees: management
total $16,099 · management and general $16,099
-
11c · Fees: accounting
total $6,006 · management and general $6,006
-
11f · Fees: investment management
total $38,054 · management and general $38,054
-
12 · Advertising and promotion
total $1,215 · management and general $850 · fundraising $365
-
13 · Office expenses
total $3,716 · management and general $3,716
-
17 · Travel
total $105 · management and general $105
-
19 · Conferences, conventions and meetings
total $906 · management and general $906
-
24a · Other expenses: COMMUNITY OUTREACH
total $4,118 · management and general $4,118
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,801 · end of year $4,864
-
11 · Investments: publicly traded securities
beginning of year $5,740,921 · end of year $6,224,860
-
27 · Net assets without donor restrictions
beginning of year $5,746,722 · end of year $6,227,724
-
28 · Net assets with donor restrictions
beginning of year $2,000 · end of year $2,000
Mission and programs · 2023
Mission
ADVANCING WELLNESS BY CONFRONTING SOCIAL DETERMINANTS AND HEALTH DISPARITIES.
Activities or mission (Part I)
DONATIONS TO CHARITABLE PROJECTS IN THE MEDICAL AND HEALTH FIELD.
-
GRANTS EXTENDED TO NONPROFIT ORGANIZATIONS IN ALLEGHENY COUNTY TO SUPPORT LOCAL PROJECTS AND INITIATIVES TO CREATE A HEALTHIER REGION.
Expenses $272,000 · Grants $272,000
As filed on the 2023 return.
Listed in Part VII
-
Sara HusseySARA HUSSEY
EXECUTIVE DIRECTOR
- Total calculated
- $186,622
- From this org
- $0
- From related orgs
- $161,634
- Other
- $24,988
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $161,634 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $24,988 related
- Filer's total
- $0 + $186,622 related
-
Matthew B Straka MDMATTHEW B STRAKA MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
David Deitrick DoDAVID DEITRICK DO
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter G Ellis MDPETER G ELLIS MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lawrence John MDLAWRENCE JOHN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Keith T Kanel MDKEITH T KANEL MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kevin MikoKEVIN MIKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Raymond E Pontzer MDRAYMOND E PONTZER MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alma LucasALMA LUCAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William Coppula MDWILLIAM COPPULA MD
TRUSTEE
- 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. 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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART II, LINE 1
- THE ACMS EXECUTIVE SEARCH COMMITTEE ENGAGED A THIRD PARTY CONSULTANT TO RECRUIT AND CONDUCT A COMPENSATION COMPARABILITY AND BENCHMARKING ANALYSIS FOR THE ACMS CHIEF EXECUTIVE ROLE.
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
-
$20,000
TRANSPORTATION PROGRAM
-
$20,000
EARLY EDUCATION
-
$20,000
EMERGENCY AID
-
$20,000
EMERGENCY CHILDCARE
-
$13,500
CHILDREN
-
$12,500
MENTORING SERVICES
-
$12,500
FOOD PANTRY
-
$12,000
MEDICAL CARE
-
$11,000
HOMELESS SERVICES
-
$11,000
HEALTHCARE
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
ALLEGHENY COUNTY MEDICAL SOCIETY
501(C)(6) · TO EXTEND MEDICAL KNOWLEDGE AND ADVANCE MEDICAL SERVICES · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441389349300529
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