Wisconsin Medical Society Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 396045649 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Wisconsin Medical Society Foundation Inc?

Wisconsin Medical Society Foundation Inc is a nonprofit organization situated in Madison, Wisconsin. Their primary mission is to enhance the health of the state's population by fostering medical and health education. They accomplish this by offering student loans and scholarships. In 2022, they awarded $460,000 in interest-free student loans to 46 students attending the Medical College of Wisconsin or the University of Wisconsin School of Medicine and Public Health. The Foundation also has a scholarship committee that reviews applications and determines the amount and recipient of each award. In addition, they provide Future Superhero of Medicine scholarships for underrepresented minorities, granting access to test prep resources for the MATC and STEP 1 and 2 exams. In 2022, they awarded 76 scholarships in total, totaling $201,871.


Official website here: www.foundation.wismed.org

Is Wisconsin Medical Society Foundation Inc legitimate?

Wisconsin Medical Society Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Medical Society Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $143,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,141

For more financial information, click here


Official website here: www.foundation.wismed.org

What is the mission statement of Wisconsin Medical Society Foundation Inc?

The Wisconsin Medical Society Foundation Inc's mission is centered around enhancing the health of the general population. They accomplish this by supporting medical and health education. This support extends to offering interest-free student loans and scholarships to students attending specific medical schools, with a focus on providing assistance to underrepresented minorities. In 2022, they awarded a total of $661,871 in scholarships and loans to 55 students. The scholarship committee reviews applications and determines the amount of each award, offering generous deferral and repayment terms.


Official website here: www.foundation.wismed.org

Who is the CEO of Wisconsin Medical Society Foundation Inc?

Elizabeth Ringle is the Exec. Director (As Of 5/2022) of Wisconsin Medical Society Foundation Inc.


Official website here: www.foundation.wismed.org

What is the revenue of Wisconsin Medical Society Foundation Inc?

Wisconsin Medical Society Foundation Inc's revenue in 2022 was $489,624.


Official website here: www.foundation.wismed.org

Who are the executives of Wisconsin Medical Society Foundation Inc and what are their salaries?

Here are 23 key members and their salaries:

    Michael Flesher (Secretary (As Of 6/2022))
  • Compensation: $0
  • Related: $206,455
  • Other: $18,247

    • Clyde Bud Chumbley Md (Past Secretary, Director)
  • Compensation: $0
  • Related: $133,758
  • Other: $13,454

    • Elizabeth Ringle (Exec. Director (As Of 5/2022))
  • Compensation: $86,812
  • Related: $0
  • Other: $4,625

    • Marje Murray (Exec. Director (Thru 5/2022))
  • Compensation: $42,174
  • Related: $0
  • Other: $10,250

    • Jose Ortiz Md (President (As Of 7/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Galbis-Reig Md (Past President (Thru 7/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noel Deep Md (Vice President (As Of 7/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Krolicki Md (Vp - Public Health (As Of 3/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Westover (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyssa Daily Fleishman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Anderson Md (Director (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clarence Chou Md (Director (As Of 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David K Falk Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacklyn Gellings Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Charles Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Cass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latisha Smith-Chase Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Wilson Md (Director (Thru 7/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard A Dart Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom O'Day Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia C Arnold Md (Ex-Officio Member (Thru 4/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Lee Md (Ex-Officio Member (As Of 4/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Molaska Md (Ex-Officio Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.wismed.org

    Where can I find the form 990 for Wisconsin Medical Society Foundation Inc?

    The Wisconsin Medical Society Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundation.wismed.org

    Learn more at the official website: www.foundation.wismed.org

    Mission Statement of Wisconsin Medical Society Foundation Inc

    Wisconsin Medical Society Foundation Inc, with its mission, strives to enhance the health of the Wisconsin population by fostering medical education and health initiatives. The organization's primary focus is on providing support for medical education, which includes awarding interest-free student loans to students at prestigious institutions such as the Medical College of Wisconsin and the University of Wisconsin School of Medicine and Public Health. In 2022, they granted loans totaling $460,000 to 46 deserving students, offering them generous deferral and repayment terms.

    Beyond financial aid, the Wisconsin Medical Society Foundation Inc also offers scholarship opportunities. Applications for these scholarships are reviewed by a dedicated committee, which determines the recipients and the amount of each award. In 2022, they presented a total of 76 scholarships, amounting to $201,871. Additionally, they offer Future Superhero of Medicine scholarships specifically for underrepresented minorities, providing them with resources to prepare for crucial medical exams such as the MATC and STEP 1 and 2 exams. By providing these educational opportunities, the Wisconsin Medical Society Foundation Inc is making significant strides in nurturing the next generation of medical professionals in Wisconsin.

    Impact

    This information is meant to be a general summary of Wisconsin Medical Society Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Wisconsin Medical Society Foundation Inc impacts the health of the people of Wisconsin by supporting medical education and health initiatives. In 2022, they awarded a total of $460,000 in interest-free student loans to 46 students attending the Medical College of Wisconsin or the University of Wisconsin School of Medicine and Public Health. Additionally, they awarded 76 scholarships totaling $201,871, including scholarships for underrepresented minorities to access test prep resources for exams. This support helps future healthcare professionals achieve their educational goals and contribute to the healthcare system in Wisconsin.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,791
  • Program Service Revenue: $109,375
  • Gross Receipts: $2,141,527

    • Assets and Liabilities:
  • Total Assets: $12,590,792
  • Total Liabilities: $99,723
  • Net Assets: $12,491,069
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT LOAN

    Revenue

    $109,375

    Organization Details

    Founding Year

    1955

    Principal Officer

    Elizabeth Ringle

    Main Address

    PO BOX 1109, MADISON, WI, 53701

    NTEE Category

    Code: B00 - Education

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