Educational And Scientific Foundation Of The Illinois State Medical Society

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366078979 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Educational And Scientific Foundation Of The Illinois State Medical Society?

The Educational and Scientific Foundation of the Illinois State Medical Society is a nonprofit organization situated in Chicago, Illinois. Its primary focus is to foster educational, scientific, charitable, and benevolent interests within Illinois. To achieve its objectives, the foundation periodically establishes projects for administrative purposes. One of its key activities includes managing loans for medical students, while also implementing educational programs for physicians and patients. The organization's mission is to contribute positively to the medical community in Illinois, ultimately benefiting both professionals and patients.


Official website here: www.isms.org

Is Educational And Scientific Foundation Of The Illinois State Medical Society legitimate?

Educational And Scientific Foundation Of The Illinois State Medical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational And Scientific Foundation Of The Illinois State Medical Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.isms.org

What is the mission statement of Educational And Scientific Foundation Of The Illinois State Medical Society?

The Educational and Scientific Foundation of the Illinois State Medical Society is committed to promoting educational, scientific, charitable, and benevolent interests in Illinois. The board regularly establishes projects to achieve these objectives for administrative purposes. The foundation's activities include managing loans for medical students and implementing educational programs for physicians and patients. Its mission is to contribute to the improvement of healthcare and medical education in Illinois.


Official website here: www.isms.org

Who is the CEO of Educational And Scientific Foundation Of The Illinois State Medical Society?

Unavailable


Official website here: www.isms.org

What is the revenue of Educational And Scientific Foundation Of The Illinois State Medical Society?

Educational And Scientific Foundation Of The Illinois State Medical Society's revenue in 2022 was $47,144.


Official website here: www.isms.org

Who are the executives of Educational And Scientific Foundation Of The Illinois State Medical Society and what are their salaries?


Here are 9 key members and their salaries:


J Regan Thomas Md (Chair (Thru 12/22))
  • Compensation: $0
  • Related: $19,143
  • Other: $0
Rodney Alford Md (Chair (As Of 5/22))
  • Compensation: $0
  • Related: $18,750
  • Other: $0
Clarence W Brown Md (Trustee)
  • Compensation: $0
  • Related: $63,679
  • Other: $0
Denis G Norem Md (Trustee (Thru 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard C Anderson Md (Trustee)
  • Compensation: $0
  • Related: $23,736
  • Other: $0
Thomas Anderson Md (Trustee)
  • Compensation: $0
  • Related: $60,618
  • Other: $0
Cheryl Koos (Coo)
  • Compensation: $0
  • Related: $26,735
  • Other: $228
David A Wichmann (Cfo)
  • Compensation: $0
  • Related: $77,032
  • Other: $1,138
Suzanne Nelson (Coo (Thru 8/22))
  • Compensation: $0
  • Related: $119,234
  • Other: $2,208


Official website here: www.isms.org

Where can I find the form 990 for Educational And Scientific Foundation Of The Illinois State Medical Society?

Educational And Scientific Foundation Of The Illinois State Medical Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.isms.org

Learn more at the official website: www.isms.org

Mission Statement of Educational And Scientific Foundation Of The Illinois State Medical Society

The Educational and Scientific Foundation of the Illinois State Medical Society is dedicated to promoting educational, scientific, charitable, and benevolent interests in Illinois. To accomplish this mission, the foundation's board periodically establishes projects for administrative purposes. The primary focus of the foundation is to implement and manage loans for medical students and oversee educational programs for physicians and patients. By providing financial assistance and educational resources, the foundation aims to contribute positively to the medical community and, by extension, the general public in Illinois.

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Impact




October, 2024

The Educational and Scientific Foundation of the Illinois State Medical Society plays a crucial role in enhancing healthcare education and promoting public health initiatives within Illinois. By providing financial assistance through loans to medical students, the foundation facilitates access to medical education, helping to cultivate a new generation of healthcare professionals committed to serving their communities.

In addition to supporting aspiring physicians, the foundation implements educational programs designed for both medical practitioners and patients. These programs aim to disseminate vital health information, advance medical knowledge, and encourage best practices in patient care. By fostering a collaborative environment for sharing expertise, the foundation greatly contributes to the development of healthcare standards and overall health literacy in the state.

Overall, the foundation’s efforts not only strengthen the medical community in Illinois but also enhance the well-being of its residents by addressing both educational needs and the promotion of scientific knowledge in healthcare.




This information is meant to be a general summary of Educational And Scientific Foundation Of The Illinois State Medical Society. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$47,144 (2022)
Expenses
$75,185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,504
  • Gross Receipts: $398,028

Assets and Liabilities:

  • Total Assets: $2,103,658
  • Total Liabilities: $97,688
  • Net Assets: $2,005,970

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Organization Details

Founding Year

1961

Main Address

20 N MICHIGAN AVE 700, CHICAGO, IL, 60602

NTEE Category

Code: E60 - Health

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