Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Midwest Podiatry Conference
990 • Fiscal year 2016 • EIN 36-3032201
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.00x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.2% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Balance Sheet
Assets
Up$436,390
Up $34,601 (+8.6%) from 2015
Net Assets
Flat$1,001
Flat from 2015
Liabilities
Up$435,389
Up $34,601 (+8.6%) from 2015
Revenue And Expenses
Revenue
Up$979,018
Up $35,258 (+3.7%) from 2015
Expenses
Up$672,891
Up $42,191 (+6.7%) from 2015
Net Income
Down$306,127
Down $6,933 (-2.2%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Sep 7, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $979,018
Mission and Program Overview
Mission
The Midwest Podiatry Conference is a confederation of podiatric medical associations. The primary purpose of the Conference is to promote the art and science of podiatric medicine and the enhancement of public health through an annual program of continuing (sched. o) education and other professionally oriented instruction for member podiatric physicians. Membership of the Conference consists of regular members and associate members. Regular members are the state associations of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri and Wisconsin. Associate members are the state associations of Arkansas, Kansas, Nebraska, North Dakota, Oklahoma and South Dakota and the Canadian Province of Ontario. The Illinois Podiatric Medical Association manages the Conference.
A confederation of podiatric medical associations to promote art & science of podiatric medicine.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $388,061 | $424,832 | ▲ $36,771 |
| Accounts Receivable | $8,246 | $11,558 | ▲ $3,312 |
| Cash and Non-Interest-Bearing Accounts | $5,139 | - | - |
| Prepaid Expenses and Deferred Charges | $343 | - | - |
| Total Assets | $401,789 | $436,390 | ▲ $34,601 |
| Liabilities | |||
| Other Liabilities | $314,348 | $306,991 | ▼ $7,357 |
| Deferred Revenue | $48,791 | $67,854 | ▲ $19,063 |
| Accounts Payable and Accrued Expenses | $37,649 | $60,544 | ▲ $22,895 |
| Total Liabilities | $400,788 | $435,389 | ▲ $34,601 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,001 | $1,001 | → $0 |
| Total Net Assets Fund Balance | $1,001 | $1,001 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $401,789 | $436,390 | ▲ $34,601 |
Compensation and Service Providers
Employees
| Name | Title | Base | Total |
|---|---|---|---|
| Michael J Hriljac DPM JD | Executive Council Member | $2,400 | $2,400 |
Board Members and Trustees
| Name | Title |
|---|---|
| Michael W Ward DPM | President/Executive Counci |
| Ali Safiedine DPM | Board Member |
| Brian Gale DPM | Board Member |
| Carlos Smith DPM | Board Member |
| Christina Knutson DPM | Board Member |
| Jeff Findenstaedt DPM | Board Member |
| Marianne Misiewicz DPM | Board Member |
| Mark Landry DPM | Board Member |
| Mindi Feilmeier DPM | Board Member |
| Richard Stanley DPM | Board Member |
| Robert Sage DPM | Board Member |
| Scott Torness DPM | Board Member |
| Stephen S Pirotta DPM | Board Member |
| Torrey Rassfeld DPM | Board Member |
| John Ruff DPM | Executive Council Member |
| Marie Delewsky DPM | Executive Council Member |
| Steven Frydman DPM | Executive Council Member |
| Joseph Schuster DPM | Treasurer/Executive Counci |
| Vincent Coda DPM | Treasurer/Executive Counci |
| Martin Becker DPM | Vice-Pres/Executive Counci |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Illinois Podiatric Medical Association | Administration | 745 McClintock Drive, Burr Ridge, IL 60527 | $147,797 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $153,882
- Program Service Revenue
- $800,945
- Investment Income
- $341
- Other Revenue
- $23,850
- All Other Contributions
- $153,882
- Change in Net Assets
- $306,127
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $979,018
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $17,313
- Total Revenue per Audited Statements
- $996,331
- Total Revenue per Form 990
- $979,018
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $657,891 |
| Salaries, Compensation, and Employee Benefits | $10,000 |
| Grants and Similar Amounts Paid | $5,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | - | - | - | $276,573 |
| Fees for Services Management | - | - | - | $147,797 |
| Office Expenses | - | - | - | $27,225 |
| Travel | - | - | - | $16,247 |
| Fees for Services Accounting | - | - | - | $10,571 |
| Other Salaries and Wages | - | - | - | $7,600 |
| Insurance | - | - | - | $6,916 |
| Grants to Domestic Individuals | - | - | - | $5,000 |
| Fees for Services Other | - | - | - | $4,500 |
| Other Expenses | - | - | - | $3,250 |
| All Other Expenses | - | - | - | $3,030 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $2,400 |
| Total Functional Expenses | $0 | $0 | $0 | $672,891 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $690,204 |
| Expenses per Audited Statements | $672,891 |
| Total Expenses per Form 990 | $672,891 |
| Expenses Not Reported on Form 990 | $17,313 |
| Expenses Not Reported on Financial Statements | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Members' distribution payable | $306,127 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, line 3
“The Organization is managed by Illinois Podiatric Medical Association, a 501(c)(6) organization and a founding member of the conference. The Organization paid the Illinois Podiatric Medical Association $147,797 for management services in this fiscal year. John D. Ruff, DPM, is a board member of Midwest Podiatry Conference and a member of the Illinois Podiatric Medical Association.”
Form 990, Part VI, Section A, line 4
“The bylaws were changed to make the audit committee at the discretion of the Board President and Executive Director. If appointed the committee shall consist of 2 podiatric physicians one from the Executive Council and one from the Advisory Board and the Treasurer. The bylaws previously indicated that the audit committee should not consist of physicians from the Executive Council and Advisory Board.”
Form 990, Part VI, Section A, line 6
“Membership of the conference consists of regular members and associate members. Regular members are the seven founding state podiatric associations of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri and Wisconsin. Associate members are the state associations of Arkansas, Kansas, Nebraska, North Dakota, Oklahoma and South Dakota and the Canadian Province of Ontario.”
Form 990, Part VI, Section A, line 7A
“Each regular member association is represented by a delegate appointed by that association. The Board of Directors of Midwest Podiatry conference consists of the conference delegates and the President of each member association.”
Form 990, Part VI, Section B, line 11
“The form 990 was reviewed by the Executive Director and the Director of Finance & Administration prior to filing.”
Form 990, Part VI, Section B, line 12C
“The Organization requires that Board members disclose and sign a conflict of interest statement annually.”
Form 990, Part VI, Section C, line 19
“Governing documents and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Midwest Podiatry Conference
- EIN
- 36-3032201
- Phone
- 3124275810
- Address
- 745 McClintock Drive No 340, Burr Ridge, IL 60527
Signing Officer
- Name
- Dr Michael Hriljac DPM JD
- Title
- Executive Director
- Phone
- 3124275810
- Signed
- 2016-09-07
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Dr Michael Hriljac DPM
- Formed
- 1987
- Legal Domicile
- Il
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 0
- Volunteers
- 21
Preparer
- Firm
- Desmond & Ahern Ltd
- Address
- 10827 S Western Ave, Chicago, IL 60643
- Preparer
- Dave Rambo
- Phone
- 7737794721
Supplemental Narrative
Additional Explanations
Part 1, Line 5 - NUMBER OF EMPLOYEES
“The Executive Director receives a minimal stipend for duties as Executive Director. The amount is determined by the Executive Committee. There are no employees.”
Form 990, Part XI, line 9:
“Payments to member associations: Illinois Podiatric Medical Association -167,928. Indiana Podiatric Medical Association -25,803. Wisconsin Podiatric Medical Association -30,027. Michigan Podiatric Medical Association -25,075. Iowa Podiatric Medical Association -16,286. Missouri Podiatric medical Association -11,476. Minnesota Podiatric Medical Association -12,156. Kansas Podiatric Medical Association -2,837. Arkansas Podiatric Medical Association -8,865. Oklahoma Podiatric Medical Association -1,418. Ontario Podiatric Medical Association -709. Nebraska Podiatric Medical Association -2,128. North Dakota Podiatric Medical Association -355. South Dakota Podiatric Medical Association -1,064.”
Financial Statement Notes
Part X, Line 2:
“FIN 48 Note from Audited Financial Statements The Conference was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The tax exempt purpose of the Conference and the nature in which it operates is described in the first paragraph of this note. Management's assertion is that there are no uncertain tax positions and the Conference continues to operate in compliance with its tax-exempt purpose. The Conference does generate revenue from advertising, which is an activity considered unrelated to its exempt function. The income from this activity less related costs is subject to tax. Management has accrued taxes of $1,159 and $1,288 for the years ended June 30, 2016 and June 30, 2015. The Conference's annual information and income tax returns filed with the federal and state governments are subject to examination for the statutory period.”
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Treasurer/Executive Counci |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Executive Council Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Executive Council Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Executive Council Member |
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| IRS990/FormationYr | 0 | 1987 |
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| IRS990/MissionDesc | 0 | The Midwest Podiatry Conference is a confederation of podiatric medical associations. The primary purpose of the Conference is to promote the art and science of podiatric medicine and the enhancement of public health through an annual program of continuing (sched. o) education and other professionally oriented instruction for member podiatric physicians. Membership of the Conference consists of regular members and associate members. Regular members are the state associations of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri and Wisconsin. Associate members are the state associations of Arkansas, Kansas, Nebraska, North Dakota, Oklahoma and South Dakota and the Canadian Province of Ontario. The Illinois Podiatric Medical Association manages the Conference. |
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| IRS990/PrincipalOfficerNm | 0 | Dr Michael Hriljac DPM |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Educational courses provided in conjunction with the Conference intended to educate participants on current issues and to provide a forum for the exchange of ideas. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Members' distribution payable |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FIN 48 Note from Audited Financial Statements The Conference was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The tax exempt purpose of the Conference and the nature in which it operates is described in the first paragraph of this note. Management's assertion is that there are no uncertain tax positions and the Conference continues to operate in compliance with its tax-exempt purpose. The Conference does generate revenue from advertising, which is an activity considered unrelated to its exempt function. The income from this activity less related costs is subject to tax. Management has accrued taxes of $1,159 and $1,288 for the years ended June 30, 2016 and June 30, 2015. The Conference's annual information and income tax returns filed with the federal and state governments are subject to examination for the statutory period. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Executive Director receives a minimal stipend for duties as Executive Director. The amount is determined by the Executive Committee. There are no employees. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Organization is managed by Illinois Podiatric Medical Association, a 501(c)(6) organization and a founding member of the conference. The Organization paid the Illinois Podiatric Medical Association $147,797 for management services in this fiscal year. John D. Ruff, DPM, is a board member of Midwest Podiatry Conference and a member of the Illinois Podiatric Medical Association. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The bylaws were changed to make the audit committee at the discretion of the Board President and Executive Director. If appointed the committee shall consist of 2 podiatric physicians one from the Executive Council and one from the Advisory Board and the Treasurer. The bylaws previously indicated that the audit committee should not consist of physicians from the Executive Council and Advisory Board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Membership of the conference consists of regular members and associate members. Regular members are the seven founding state podiatric associations of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri and Wisconsin. Associate members are the state associations of Arkansas, Kansas, Nebraska, North Dakota, Oklahoma and South Dakota and the Canadian Province of Ontario. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Each regular member association is represented by a delegate appointed by that association. The Board of Directors of Midwest Podiatry conference consists of the conference delegates and the President of each member association. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The form 990 was reviewed by the Executive Director and the Director of Finance & Administration prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The Organization requires that Board members disclose and sign a conflict of interest statement annually. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Governing documents and financial statements are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Payments to member associations: Illinois Podiatric Medical Association -167,928. Indiana Podiatric Medical Association -25,803. Wisconsin Podiatric Medical Association -30,027. Michigan Podiatric Medical Association -25,075. Iowa Podiatric Medical Association -16,286. Missouri Podiatric medical Association -11,476. Minnesota Podiatric Medical Association -12,156. Kansas Podiatric Medical Association -2,837. Arkansas Podiatric Medical Association -8,865. Oklahoma Podiatric Medical Association -1,418. Ontario Podiatric Medical Association -709. Nebraska Podiatric Medical Association -2,128. North Dakota Podiatric Medical Association -355. South Dakota Podiatric Medical Association -1,064. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part 1, Line 5 - NUMBER OF EMPLOYEES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part XI, line 9: |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $436,390
- Liabilities
- $435,389
- Net assets
- $1,001
- Revenue
- $979,018
- Expenses
- $672,891
- Net income
- $306,127