Civic Intelligence

El Paso County Medical Society

EIN 23-7301663 • 501(c)6 • Colorado Springs, CO

Profile

To be an advocate for physicians, promoting and developing the science and art of medicine, improving the community health and creating a liaison among physicians and between physicians and their patients; and to assist physicians in the ehtical practice of quality medical care to more effectively fulfill the personal, patient, family, and societal responsibilities of their profession.

1155 Kelly Johnson Boulevard No 1Colorado Springs, CO 80920

www.epcms.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.07x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

87th percentile

28%

Higher net margin than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$70,377

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

88th percentile

36%

Faster asset growth than 88% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-2.4%

Faster revenue growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$453,338

Up $120,619 (+36%) from 2023

Liabilities

Up

$30,308

Up $7,106 (+31%) from 2023

Net Assets

Up

$423,030

Up $113,513 (+37%) from 2023

Revenue

Down

$398,604

Down $9,730 (-2.4%) from 2023

Expenses

Down

$285,091

Down $33,210 (-10%) from 2023

Net Income

Up

$113,513

Up $23,480 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2015: $301,314Liabilities 2015: $224,718Net Assets 2015: $76,5962015Assets 2016: $399,825Liabilities 2016: $275,206Net Assets 2016: $124,6192016Assets 2017: $240,390Liabilities 2017: $159,403Net Assets 2017: $80,9872017Assets 2018: $164,646Liabilities 2018: $320,633Net Assets 2018: -$155,9872018Assets 2019: $78,020Liabilities 2019: $175,671Net Assets 2019: -$97,6512019Assets 2020: $83,348Liabilities 2020: $69,231Net Assets 2020: $14,1172020Assets 2021: $193,670Liabilities 2021: $33,745Net Assets 2021: $159,9252021Assets 2022: $235,676Liabilities 2022: $16,192Net Assets 2022: $219,4842022Assets 2023: $332,719Liabilities 2023: $23,202Net Assets 2023: $309,5172023Assets 2024: $453,338Liabilities 2024: $30,308Net Assets 2024: $423,0302024

Highlighted filing

2024

Assets$453,338
Liabilities$30,308
Net Assets$423,030

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $623,741Expenses 2015: $629,750Net Income 2015: -$6,0092015Revenue 2016: $840,705Expenses 2016: $793,886Net Income 2016: $46,8192016Revenue 2017: $880,802Expenses 2017: $924,433Net Income 2017: -$43,6312017Revenue 2018: $577,608Expenses 2018: $814,582Net Income 2018: -$236,9742018Revenue 2019: $538,427Expenses 2019: $480,091Net Income 2019: $58,3362019Revenue 2020: $385,755Expenses 2020: $273,987Net Income 2020: $111,7682020Revenue 2021: $415,223Expenses 2021: $269,415Net Income 2021: $145,8082021Revenue 2022: $418,390Expenses 2022: $358,831Net Income 2022: $59,5592022Revenue 2023: $408,334Expenses 2023: $318,301Net Income 2023: $90,0332023Revenue 2024: $398,604Expenses 2024: $285,091Net Income 2024: $113,5132024

Highlighted filing

2024

Revenue$398,604
Expenses$285,091
Net Income$113,513

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 15, 2022
Return Version
2020v4.2
Gross Receipts
$415,223
Mission and Program Overview

Mission

To be an advocate for physicians, promoting and developing the science and art of medicine, improving the community health and creating a liaison among physicians and between physicians and their patients; and to assist physicians in the ethical practice of quality medical care to more effectively fulfill the personal, patient, family, and societal responsibilities of their profession.

Promote and develop the science and art of medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,108$161,619▲ $120,511
Land, Buildings, and Equipment, Net$24,762$19,164▼ $5,598
Accounts Receivable$14,475$9,180▼ $5,295
Prepaid Expenses and Deferred Charges$760$1,451▲ $691
Savings and Temporary Cash Investments$136$149▲ $13
Total Assets$83,348$193,670▲ $110,322
Other Assets Total$2,107$2,107→ $0
Liabilities
Deferred Revenue$52$11,822▲ $11,770
Accounts Payable and Accrued Expenses$10,620$10,600▼ $20
Other Liabilities$8,827$9,122▲ $295
Unsecured Notes Loans Payable$49,732$2,201▼ $47,531
Total Liabilities$69,231$33,745▼ $35,486
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,117$159,925▲ $145,808
Total Net Assets Fund Balance$14,117$159,925▲ $145,808
Total Liabilities and Net Assets / Fund Balance$83,348$193,670▲ $110,322

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,240$83,511$98,751
Leasehold Improvements$3,924$7,182$11,106
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike WareChief Executive OfficerFT$95,075$95,075

Board Members and Trustees

NameTitle
Nick Piantanida MDPresident
Betty Kim MDBoard Member
Chuck Weber DOBoard Member
Joel Tanaka MDBoard Member
Sean Keenan MDBoard Member
Tracy Narvet CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$385,750
Program Service Revenue
$6,287
Investment Income
$226
Other Revenue
$22,960
Change in Net Assets
$145,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,835
Other Expenses$121,580
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$101,915$17,985-$119,900
Occupancy$41,423$7,310-$48,733
Information Technology$14,804$2,612-$17,416
Other Employee Benefits$12,103$2,136-$14,239
Office Expenses$10,942$1,931-$12,873
Payroll Taxes$8,317$1,468-$9,785
Depreciation Depletion-$5,599-$5,599
Fees for Services Accounting$4,399$776-$5,175
Insurance-$4,831-$4,831
Advertising-$3,980-$3,980
Pension Plan Contributions$3,324$587-$3,911
Other Expenses$2,706$2,232-$2,232
All Other Expenses-$2,043-$2,043
Conferences and Meetings$560$99-$659
Fees for Services Legal$510$90-$600
Interest-$490-$490
Travel$27$5-$32
Total Functional Expenses$212,059$57,356$0$269,415
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$6,193
Current Portion of Long-Term Debt$2,531
ENT Credit Card$398
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The entity has members who elect the Board of Directors.

Form 990, Part VI, Section A, line 7A

The entity has members who elect the Board of Directors.

Form 990, Part VI, Section A, line 7B

The entity has members who elect the Board of Directors.

Form 990, Part VI, Section B, line 11B

The Chief Executive Officer reviews the 990 and recommends to the board whether the return should be approved.

Form 990, Part VI, Section B, line 12C

Monitoring and enforcement is done through annual signing of the policy for all board members.

Form 990, Part VI, Section B, line 15A

Compensation of the organization's Executive Vice President is determined by the Executive Committee of the Board of Directors. A performance evaluation is completed annually after which compensation is determined and approved, documented in the Executive Committee minutes.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
El Paso County Medical Society
EIN
23-7301663
Phone
7195912424
Address
1155 Kelly Johnson Boulevard No 1, Colorado Springs, CO 80920

Signing Officer

Name
Mike Ware
Title
Chief Executive Officer
Phone
7195912424
Signed
2022-08-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Mike Ware
Formed
1879
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
7

Preparer

Firm
Hoelting & Company Inc
Address
31 East Platte Avenue Suite 300, Colorado Springs, CO 80903
Preparer
Jeffrey J Bonacquista
Phone
7196301091
Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2398
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Current Portion of Long-Term Debt
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ENT Credit Card
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019164
IRS990ScheduleD/TotalLiabilityAmt09122
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The entity has members who elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The entity has members who elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The entity has members who elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Chief Executive Officer reviews the 990 and recommends to the board whether the return should be approved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Monitoring and enforcement is done through annual signing of the policy for all board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation of the organization's Executive Vice President is determined by the Executive Committee of the Board of Directors. A performance evaluation is completed annually after which compensation is determined and approved, documented in the Executive Committee minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents and financial statements are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0El Paso County Medical Society Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200284260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Improve quality & increase accessibility of medical services to general pub
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01155 Kelly Johnson Boulevard Suite
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Colorado Springs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080920
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt083348
IRS990/TotalAssetsEOYAmt0193670
IRS990/TotalAssetsGrp/BOYAmt083348
IRS990/TotalAssetsGrp/EOYAmt0193670
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0385750
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057356
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0212059
IRS990/TotalFunctionalExpensesGrp/TotalAmt0269415
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069231
IRS990/TotalLiabilitiesEOYAmt033745
IRS990/TotalLiabilitiesGrp/BOYAmt069231
IRS990/TotalLiabilitiesGrp/EOYAmt033745
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0159925
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0212059
IRS990/TotalProgramServiceRevenueAmt06287
IRS990/TotalReportableCompFromOrgAmt095075
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029473
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0415223
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt083348
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0193670
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05
IRS990/TravelGrp/ProgramServicesAmt027
IRS990/TravelGrp/TotalAmt032
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt049732
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt02201
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01155 Kelly Johnson Boulevard No 111
IRS990/USAddress/CityNm0Colorado Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080920
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.epcms.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Ware
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Executive Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum07195912424
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0El Paso County Medical Society
ReturnHeader/Filer/BusinessNameControlTxt0ELPA
ReturnHeader/Filer/EIN0237301663
ReturnHeader/Filer/PhoneNum07195912424
ReturnHeader/Filer/USAddress/AddressLine1Txt01155 Kelly Johnson Boulevard No 1
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO

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