Civic Intelligence

Summit County Medical Society

EIN 34-1807135 • 501(c)6 • Akron, OH

Profile

The organization is composed of and administered exclusively by medical professionals practicing in summit county, ohio. The mission of the organization is to extend medical knowledge, advance medical science, cultivate fraternal and social relationships among its members, and serve as a voice for its members concerning scientific, legislative and public health matters of interest to its members. The organization's current major activities are the preparation and distribution of a membership bulletin and the preparation and distribution of a roster of physicians practicing in summit county. The organization has engaged in a number of service activities throughout the region. The organization's bulletin is a monthly publication sent to all members that includes scientific articles and reports of medically related materials. The bulletin also contains information on the happenings within the organization such as summaries of organizational meetings, changes in organizational membership,

908 East Waterloo Road Suite BAkron, OH 44306

www.scmsoc.org

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

26%

Higher net margin than 86% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$1,908

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

97th percentile

128%

Faster asset growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

209%

Faster revenue growth than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$12,548

Up $7,046 (+128%) from 2020

Liabilities

Down

$17

Down $68 (-80%) from 2020

Net Assets

Up

$12,531

Up $7,114 (+131%) from 2020

Revenue

Up

$27,653

Up $18,696 (+209%) from 2020

Expenses

Down

$20,539

Down $4,800 (-19%) from 2020

Net Income

Up

$7,114

Up $23,496 (+143%) from 2020

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $42,313Liabilities 2013: $5,056Net Assets 2013: $37,2572013Assets 2014: $57,730Liabilities 2014: $6,328Net Assets 2014: $51,4022014Assets 2015: $59,578Liabilities 2015: $566Net Assets 2015: $59,0122015Assets 2016: $67,759Liabilities 2016: $66Net Assets 2016: $67,6932016Assets 2017: $53,157Liabilities 2017: $611Net Assets 2017: $52,5462017Assets 2018: $27,370Liabilities 2018: $992Net Assets 2018: $26,3782018Assets 2019: $22,020Liabilities 2019: $222Net Assets 2019: $21,7982019Assets 2020: $5,502Liabilities 2020: $85Net Assets 2020: $5,4172020Assets 2021: $12,548Liabilities 2021: $17Net Assets 2021: $12,5312021

Highlighted filing

2021

Assets$12,548
Liabilities$17
Net Assets$12,531

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $93,113Expenses 2013: $86,315Net Income 2013: $6,7982013Revenue 2014: $85,004Expenses 2014: $70,858Net Income 2014: $14,1462014Revenue 2015: $68,928Expenses 2015: $61,317Net Income 2015: $7,6112015Revenue 2016: $73,695Expenses 2016: $65,012Net Income 2016: $8,6832016Revenue 2017: $43,879Expenses 2017: $59,026Net Income 2017: -$15,1472017Revenue 2018: $30,210Expenses 2018: $56,378Net Income 2018: -$26,1682018Revenue 2019: $33,048Expenses 2019: $37,627Net Income 2019: -$4,5792019Revenue 2020: $8,957Expenses 2020: $25,339Net Income 2020: -$16,3822020Revenue 2021: $27,653Expenses 2021: $20,539Net Income 2021: $7,1142021

Highlighted filing

2021

Revenue$27,653
Expenses$20,539
Net Income$7,114

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 12, 2022
Return Version
2021v4.0
Gross Receipts
$27,653
Mission and Program Overview

Mission

The organization is composed of and administered exclusively by medical professionals practicing in summit county, ohio. The mission of the organization is to extend medical knowledge, advance medical science, cultivate fraternal and social relationships among its members, and serve as a voice for its members concerning scientific, legislative and public health matters of interest to its members. The organization's current major activities are the preparation and distribution of a membership bulletin and the preparation and distribution of a roster of physicians practicing in summit county. The organization has engaged in a number of service activities throughout the region. The organization's bulletin is a monthly publication sent to all members that includes scientific articles and reports of medically related materials. The bulletin also contains information on the happenings within the organization such as summaries of organizational meetings, changes in organizational membership,

Program Services

DescriptionGrantsExpenses
MONTHLY MEMBERSHIP BULLETIN - MONTHLY PUBLICATION SENT TO ALL MEMBERS, SCIENTIFIC ARTICLES AND REPORTS OF MEDICALLY RELATED MATERIALS ALONG WITH ITEMS OF CURRENT INTEREST.-$16,037
ANNUAL MEMBERSHIP ROSTER - ANNUAL ROSTER PROVIDED TO MEMBERS TO AID PATIENT REFERRALS; DATA INCLUDES NAMES, MEDICAL BACKGROUND, SPECIALITIES, ADDRESS, MEDICAL I.D., VPIN AND PIN NUMBERS--
MEMBER MEETINGS, FUNCTIONS AND BENEFITS. IN ADDITION, THE SOCIETY PROMOTES ADVOCACY FOR HEALTH CARE DELIVERY IMPROVEMENT, PROMOTES A PROGRAM TO HELP PATIENTS WITH MEDICAL COSTS AND PROVIDES CONTINUING MEDICAL EDUCATION.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CINDY SPANOSSecretary/TrPT$1,908-$1,908
WALEED NEMER MDPresident-$0--
IHSAN HAQUE MDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Summit County Medical Society
EIN
34-1807135
Address
908 EAST WATERLOO ROAD SUITE B, AKRON, OH 44306

Signing Officer

Name
Waleed Nemer Md
Title
President
Signed
2022-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Form 990-ez, part i, line 20

Form 990-ez, Part I, Line 16

Expenses supplies 50 bank fees 278 reimbursements 553 repairs 250 telephone 45 website 21 postage 70 awards 50 other 1 penalties 36 total 1,354

Form 990-ez, Part II, Line 24

24,615 24,615 less accumulated depreciation 24,615 24,615 security deposits 671 671 total 671 671

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 85 17

Form 990-ez, Part III

The organization is composed of and administered exclusively by medical professionals practicing in summit county, ohio. The mission of the organization is to extend medical knowledge, advance medical science, cultivate fraternal and social relationships among its members, and serve as a voice for its members concerning scientific, legislative and public health matters of interest to its members. The organization's current major activities are the preparation and distribution of a membership bulletin and the preparation and distribution of a roster of physicians practicing in summit county. The organization has engaged in a number of service activities throughout the region. The organization's bulletin is a monthly publication sent to all members that includes scientific articles and reports of medically related materials. The bulletin also contains information on the happenings within the organization such as summaries of organizational meetings, changes in organizational membership, and news about member service activities of the organization. The organization produces a roster of physicians currently practicing in summit county, ohio on an annual basis. The roster includes information such as each listed physician's medicaid number and medical license number. Each listed physician has a unique identifier number as well. The roster facilitates professional ties amongst physicians in the summit county area. The organization offers a variety of benefits to its members including applications that facilitate hipaa compliant information-sharing amongst members, discounts on medical supplies and medical waste disposal, and referrals. The organization serves as a contact point and key player in helping to connect residents of summit county and social service agencies operating in summit county with appropriate avenues of care.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS COMPOSED OF AND ADMINISTERED EXCLUSIVELY BY MEDICAL PROFESSIONALS PRACTICING IN SUMMIT COUNTY, OHIO. THE MISSION OF THE ORGANIZATION IS TO EXTEND MEDICAL KNOWLEDGE, ADVANCE MEDICAL SCIENCE, CULTIVATE FRATERNAL AND SOCIAL RELATIONSHIPS AMONG ITS MEMBERS, AND SERVE AS A VOICE FOR ITS MEMBERS CONCERNING SCIENTIFIC, LEGISLATIVE AND PUBLIC HEALTH MATTERS OF INTEREST TO ITS MEMBERS. THE ORGANIZATION'S CURRENT MAJOR ACTIVITIES ARE THE PREPARATION AND DISTRIBUTION OF A MEMBERSHIP BULLETIN AND THE PREPARATION AND DISTRIBUTION OF A ROSTER OF PHYSICIANS PRACTICING IN SUMMIT COUNTY. THE ORGANIZATION HAS ENGAGED IN A NUMBER OF SERVICE ACTIVITIES THROUGHOUT THE REGION. THE ORGANIZATION'S BULLETIN IS A MONTHLY PUBLICATION SENT TO ALL MEMBERS THAT INCLUDES SCIENTIFIC ARTICLES AND REPORTS OF MEDICALLY RELATED MATERIALS. THE BULLETIN ALSO CONTAINS INFORMATION ON THE HAPPENINGS WITHIN THE ORGANIZATION SUCH AS SUMMARIES OF ORGANIZATIONAL MEETINGS, CHANGES IN ORGANIZATIONAL MEMBERSHIP, AND NEWS ABOUT MEMBER SERVICE ACTIVITIES OF THE ORGANIZATION. THE ORGANIZATION PRODUCES A ROSTER OF PHYSICIANS CURRENTLY PRACTICING IN SUMMIT COUNTY, OHIO ON AN ANNUAL BASIS. THE ROSTER INCLUDES INFORMATION SUCH AS EACH LISTED PHYSICIAN'S MEDICAID NUMBER AND MEDICAL LICENSE NUMBER. EACH LISTED PHYSICIAN HAS A UNIQUE IDENTIFIER NUMBER AS WELL. THE ROSTER FACILITATES PROFESSIONAL TIES AMONGST PHYSICIANS IN THE SUMMIT COUNTY AREA. THE ORGANIZATION OFFERS A VARIETY OF BENEFITS TO ITS MEMBERS INCLUDING APPLICATIONS THAT FACILITATE HIPAA COMPLIANT INFORMATION-SHARING AMONGST MEMBERS, DISCOUNTS ON MEDICAL SUPPLIES AND MEDICAL WASTE DISPOSAL, AND REFERRALS. THE ORGANIZATION SERVES AS A CONTACT POINT AND KEY PLAYER IN HELPING TO CONNECT RESIDENTS OF SUMMIT COUNTY AND SOCIAL SERVICE AGENCIES OPERATING IN SUMMIT COUNTY WITH APPROPRIATE AVENUES OF CARE.
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