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Massachusetts Medical Society

Trade
Trade Association · WALTHAM, MA · EIN 04-2050773

About

To advance medical knowledge, to develop and maintain the highest professional and ethical standards of medical practice and health care, and to promote medical institutions formed on liberal principles for the health, benefit, and welfare of the citizens of massachusetts.

Donations are NOT tax-deductible
Category
Trade Association
Employees
498
Volunteers
800

Financial Snapshot

FY ending 2024-05-31
Revenue
$138.0M
Expenses
$133.3M
Assets
$295.2M
Liabilities
$91.2M

Financial history

$157.6M$78.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $138.0M · Peak FY2022: $157.6M · Avg: $138.2M

Foreign activity (Schedule F)

Total spent abroad$9.3M
Foreign employees30
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM——
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,——
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES——
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,——
SOUTH AMERICA——
CENTRAL AMERICAL AND THE CARIBBEAN——
MASSACHUSETTS MEDICAL SOCIETY
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Address

860 Winter ST
Waltham, MA, 02451-144

Governance

Voting board members30
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes

Financial detail (Schedule D)

Board-designated %100.0%
Endowment held by related orgNo
Public records
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