Civic Intelligence

New Hanover - Pender County Medical Society

990EZ • Fiscal year 2021 • EIN 56-1399990

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

5305 Wrightsville Avenue DWilmington, NC 28403

(910) 790-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.12x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

31st percentile

-2.6%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

90th percentile

$64,679

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 59.7% of source-year revenue.

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

Asset Growth

37th percentile

0.1%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

61st percentile

14%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$263,245

Up $159 (+0.1%) from 2020

Net Assets

Down

$230,875

Down $32,211 (-12%) from 2020

Liabilities

Up

$32,370

Up $32,370 from 2020

Revenue

Up

$108,292

Up $13,007 (+14%) from 2020

Expenses

Down

$111,073

Down $6,052 (-5.2%) from 2020

Net Income

Up

-$2,781

Up $19,059 (+87%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $386,353Liabilities 2011: $0Net Assets 2011: $386,3532011Assets 2012: $375,307Liabilities 2012: $0Net Assets 2012: $375,3072012Assets 2013: $381,633Liabilities 2013: $0Net Assets 2013: $381,6332013Assets 2014: $397,719Liabilities 2014: $0Net Assets 2014: $397,7192014Assets 2015: $350,502Liabilities 2015: $0Net Assets 2015: $350,5022015Assets 2016: $345,052Liabilities 2016: $0Net Assets 2016: $345,0522016Assets 2017: $300,080Liabilities 2017: $0Net Assets 2017: $300,0802017Assets 2018: $321,706Liabilities 2018: $0Net Assets 2018: $321,7062018Assets 2019: $286,926Liabilities 2019: $0Net Assets 2019: $286,9262019Assets 2020: $263,086Liabilities 2020: $0Net Assets 2020: $263,0862020Assets 2021: $263,245Liabilities 2021: $32,370Net Assets 2021: $230,8752021Assets 2022: $262,458Liabilities 2022: $44,526Net Assets 2022: $217,9322022Assets 2023: $224,577Liabilities 2023: $34,643Net Assets 2023: $189,9342023Assets 2024: $204,625Liabilities 2024: $6,355Net Assets 2024: $198,2702024

Highlighted filing

2021

Assets$263,245
Liabilities$32,370
Net Assets$230,875

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $141,558Expenses 2011: $170,332Net Income 2011: -$28,7742011Revenue 2012: $158,949Expenses 2012: $169,995Net Income 2012: -$11,0462012Revenue 2013: $167,814Expenses 2013: $161,488Net Income 2013: $6,3262013Revenue 2014: $170,345Expenses 2014: $154,259Net Income 2014: $16,0862014Revenue 2015: $121,580Expenses 2015: $168,797Net Income 2015: -$47,2172015Revenue 2016: $149,019Expenses 2016: $154,469Net Income 2016: -$5,4502016Revenue 2017: $121,836Expenses 2017: $166,808Net Income 2017: -$44,9722017Revenue 2018: $169,218Expenses 2018: $147,592Net Income 2018: $21,6262018Revenue 2019: $118,163Expenses 2019: $152,943Net Income 2019: -$34,7802019Revenue 2020: $95,285Expenses 2020: $117,125Net Income 2020: -$21,8402020Revenue 2021: $108,292Expenses 2021: $111,073Net Income 2021: -$2,7812021Revenue 2022: $102,528Expenses 2022: $115,471Net Income 2022: -$12,9432022Revenue 2023: $96,508Expenses 2023: $124,506Net Income 2023: -$27,9982023Revenue 2024: $93,664Expenses 2024: $85,815Net Income 2024: $7,8492024

Highlighted filing

2021

Revenue$108,292
Expenses$111,073
Net Income-$2,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.0
Gross Receipts
$108,292
Mission and Program Overview

Mission

The purpose of the society is to bring into one federated organization the physicians of New Hanover and Pender Counties so that they may make effective the opinions of the profession in all scientific, legislative, public health, and socioeconomic matters; to join with other county medical societies to form the North Carolina Medical Society; and through the State Society, to form the American Medical Association (AMA).

Program Services

DescriptionGrantsExpenses
Established in 1867, New Hanover-Pender County Medical Society has been a 501(c)(6), nonprofit physician association since 1991. Along with the NC Medical Society and the American Medical Association, it is part of the Federation of Medicine.Membership in a medical society is the first step to association with thousands of physicians who care deeply about the integrity of medicine. Membership in the New Hanover-Pender County Medical Society offers opportunities to fortify the strength and camaraderie of the medical community and provide valuable services to our fellow citizens.In 2021, 154 students were provided annual atheletic physical screenings; physicians volunteered at the Tileston Outreach clinic on a weekly basis; and the organization and individuals contributed to the Society's endowed Premedical Scholarship at UNCW.$106,418-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bonnie Jeffreys BrownExecutive DirectorFT$64,679-$64,679
Kavita PersaudPresident-$0--
Robert HenihanPast President-$0--
George HuffmonPresident-Elect-$0--
Charin Hanlon1st Vice Pres.-$0--
James Harper2nd Vice Pres.-$0--
Stephen DurhamSecretary-$0--
Amy IsenbergTreasurer-$0--
Aaron KlineAsst. Treasurer-$0--
Jacqueline NjapaMember-At-Large-$0--
Claudius JarrettMember-At-Large-$0--
Filing and Contact Details

Filer

Filer Name
New Hanover-Pender County
EIN
56-1399990
Phone
9107905800
Address
5305 Wrightsville Avenue D, Wilmington, NC 28403

Signing Officer

Name
Kavita Persaud MD
Title
President
Signed
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403
Preparer
Nigel Bearman
Phone
9105080630
Supplemental Narrative

Additional Explanations

Other Expenses.1003

Information Technology $1795

Other Expenses.1012

Insurance $1808

Other Expenses.1

Meetings $6971

Other Expenses.2

Telephone $2245

Other Expenses.3

General Operations $1162

Other Expenses.4

Community Projects $955

Other Expenses.5

Dues $215

Total Liabilities.1003

Deferred Revenue - Beginning $29430 Deferred Revenue - Ending $32370

Raw XML Appendix157 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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ReturnHeader/TaxPeriodBeginDt02021-01-01
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.05$0.06$1.98$0.94$0.86$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.35$1.90$0.97$1.25$0.28
2022Detailed filing. Detailed filing data is available for this year.$2.62$0.45$2.18$1.03$1.15$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.63$0.32$2.31$1.08$1.11$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$0.95$1.17$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$1.18$1.53$0.35
2018Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$1.69$1.48$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$1.22$1.67$0.45
2016Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$1.49$1.54$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$1.22$1.69$0.47
2014Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$1.70$1.54$0.16
2013Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$1.68$1.61$0.06
2012Summary only. Only limited summary data is available for this year.$3.75$0.00$3.75$1.59$1.70$0.11
2011Summary only. Only limited summary data is available for this year.$3.86$0.00$3.86$1.42$1.70$0.29