2024-10-07T10:34:45-05:00 2023-11-30 381357951 PLANTE & MORAN PLLC 1111 MICHIGAN AVE STE 100 EAST LANSING MI 48823 990 2022-12-01 380830717 MICHIGAN STATE MEDICAL SOCIETY MICH 5173371351 120 W SAGINAW EAST LANSING MI 48823 LAUCHLIN MACGREGOR CPA, CFO 5173371351 2024-10-04 1 0 DAVID LOWENTHAL P00378651 5173326200 2024-10-04 2022 2024-10-15 13:58:12Z MSMS TOM M GEORGE MD 120 W SAGINAW EAST LANSING MI 48823 8161106 0 X WWW.MSMS.ORG X 1866 MI PROMOTE A HEALTH CARE ENVIRONMENT THAT SUPPORTS PHYSICIANS IN CARING FOR AND ENHANCING THE HEALTH OF MICHIGAN CITIZENS THROUGH SCIENCE, QUALITY, AND ETHICS IN THE PRACTICE OF MEDICINE. 40 40 36 0 625460 44788 311980 50000 2499221 2444725 474568 522606 796087 888793 4081856 3906124 0 0 0 0 3284062 3217626 0 0 0 2179899 1593465 5463961 4811091 -1382105 -904967 12790143 11497455 1732781 1655063 11057362 9842392 PROMOTE A HEALTH CARE ENVIRONMENT THAT SUPPORTS PHYSICIANS IN CARING FOR AND ENHANCING THE HEALTH OF MICHIGAN CITIZENS THROUGH SCIENCE, QUALITY, AND ETHICS IN THE PRACTICE OF MEDICINE. 0 0 TO EDUCATE MEMBERS AND THE PUBLIC ON MEDICAL ISSUES AND PROMOTE THE INTERESTS OF THE HEALTH CARE INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 18 0 1 36 1 1 1 0 0 0 1 1 0 0 0 X 40 40 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MI X LAUCHLIN MACGREGOR CPA CFO 5173365782 120 W SAGINAW EAST LANSING MI 48823 ANNA KANG DIRECTOR 1.00 0.00 X 0 0 0 ANNETTE GILMER MD MPH DIRECTOR 1.00 0.00 X 0 0 0 BELEN AMAT MD DIRECTOR 1.00 0.00 X 0 0 0 BRADLEY J UREN MD DIRECTOR - VICE CHAIR 1.00 0.00 X X 0 0 0 BRIAN R STORK MD DIRECTOR 1.00 1.00 X 0 0 0 BRYAN W HUFFMAN MD DIRECTOR - VICE SPEAKER 1.00 0.00 X X 0 0 0 CHRISTOPHER MILBACK MD MBA DIRECTOR 1.00 0.00 X 0 0 0 DANIEL M RYAN MD DIRECTOR 1.00 0.00 X 0 0 0 DAVID T WALSWORTH MD DIRECTOR 1.00 0.00 X 0 0 0 DENNIS M RAMUS MD DIRECTOR 1.00 0.00 X 0 0 0 DONALD P CONDIT MD MBA DIRECTOR 1.00 0.00 X 0 0 0 EKATERINA LAVROUSHINA CLARK DIRECTOR 1.00 0.00 X 0 0 0 ERIC L LARSON MD DIRECTOR 1.00 0.00 X 0 0 0 F REMINGTON SPRAGUE MD DIRECTOR - EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 HERBERT C SMITHERMAN JR MD DIRECTOR 1.00 0.00 X 0 0 0 JAYNE E COURTS MD FACP DIRECTOR - SECRETARY 1.00 0.00 X X 0 0 0 JENNIFER E MORESE MD MPH DIRECTOR 1.00 0.00 X 0 0 0 JOHN A WATERS MD DIRECTOR - TREASURER 1.00 1.00 X X 2500 0 0 KAITLYN D DOBESH MD JD DIRECTOR 1.00 0.00 X 0 0 0 LARRY R JUNCK MD DIRECTOR 1.00 0.00 X 0 0 0 LEAH C DAVIS DO DIRECTOR 1.00 0.00 X 0 0 0 M SALIM SIDDIQUI MD PHD DIRECTOR - PRESIDENT 1.00 0.00 X X 0 0 0 MARK C KOMOROWSKI MD DIRECTOR - PRESIDENT-ELECT 1.00 1.00 X X 12500 0 0 MARK E MEYER MD DIRECTOR 1.00 0.00 X 0 0 0 MELANIE S MANARY MD DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL A KREMMER MD DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J REDINGER MD DIRECTOR 1.00 0.00 X 0 0 0 MILDRED J WILLY MD DIRECTOR 1.00 0.00 X 0 0 0 NITA M KULKARNI MD DIRECTOR 1.00 0.00 X 0 0 0 PAUL D BOZYK MD DIRECTOR - CHAIR 1.00 1.00 X X 0 0 0 PAUL S HARKAWAY MD DIRECTOR 1.00 0.00 X 0 0 0 PHILLIP G WISE MD DIRECTOR - SPEAKER 1.00 0.00 X X 2500 0 0 PINO D COLONE MD DIRECTOR - PAST PRESIDENT 1.00 0.00 X X 15000 0 0 PONON DILEEP KUMAR MD MBA DIRECTOR 1.00 0.00 X 0 0 0 ROBERT FRANCIS FLORA MD MBA DIRECTOR 1.00 0.00 X 0 0 0 ROBERT M DOANE MD DIRECTOR 1.00 0.00 X 0 0 0 RYAN J BRANG MD DIRECTOR 1.00 0.00 X 0 0 0 T JANN CAISON SOREY MD MSA DIRECTOR - PAST SECRETARY 1.00 0.00 X X 2500 0 0 TALAT DANISH MD MPH FAAP DIRECTOR 1.00 0.00 X 0 0 0 THOMAS J VEVERKA MD FACS DIRECTOR - IMMEDIATE PAST PRESIDENT 1.00 0.00 X X 2500 0 0 S BOBBY MUKKAMALA MD DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 TABITHA MOSES DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 GUNJAN MALHOTRA MD DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 THOMAS M GEORGE MD CEO 28.00 4.00 X 21032 0 0 BENJAMIN LOUAGIE CSO 32.00 5.50 X 228388 0 27128 LAUCHLIN MACGREGOR CFO 21.00 16.50 X 206091 0 39771 KEVIN MCFATRIDGE COO 17.00 20.50 X 0 156848 19951 REBECCA BLAKE SENIOR DIRECTOR 36.50 1.00 X 135373 0 33058 CARL RICHARDS SENIOR DIRECTOR 37.50 0.00 X 139095 0 29224 VIRGINIA GIBSON SENIOR DIRECTOR 7.50 30.00 X 151736 0 14886 JOSIAH KISSLING SENIOR DIRECTOR 37.50 0.00 X 153541 0 30192 STACEY HETTIGER SENIOR DIRECTOR 37.50 0.00 X 124486 0 18630 JULIE NOVAK FORMER CEO 28.50 9.00 X 384384 0 34279 1581626 156848 247119 8 1 1 0 KERR RUSSEL & WEBER PLC 500 WOODWARD AVE DETROIT MI 48226 ATTORNEY 270518 RESCH STRATEGIES 300 SOUTH WASHINGTON LANSING MI 48933 PUBLIC RELATIONS 109780 2 50000 50000 MEMBERSHIP DUES 621110 1787134 1787134 EDUCATIONAL PROGRAMS 611710 490464 490464 SPONSORSHIPS 541200 155000 155000 ADVERTISING 541800 6009 74 5935 6118 6118 2444725 167372 167372 112900 61400 92707 0 20193 61400 81593 81593 2490517 2026992 2580230 1582045 -89713 444947 355234 355234 SUBSIDIARIES 541200 798200 187675 610525 MAILROOM/COPY SERVICES 561439 9000 9000 807200 3906124 2626465 625460 604199 699209 2104027 68991 162038 183361 106011 31925 88500 34186 341586 33484 126127 240454 211460 135277 171350 29659 19051 INCOME TAX EXPENSE 19388 OTHER EXPENSES 3118 BAD DEBT 1889 4811091 3756814 1915703 2469906 5237916 100000 0 149121 161388 87292 85775 444922 426215 1624218 18707 4602792 4077966 12790143 11497455 256289 191862 1223223 1279963 253269 183238 1732781 1655063 X 10879397 9804569 177965 37823 11057362 9842392 12790143 11497455 -904967 -310003 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1787134 277122 26991 304113 427536 -123423 444922 426215 18707 18707 INVESTMENT IN AFFILIATES 4077966 4077966 ACCRUED EXPENSES 183238 183238 X PART X, LINE 2: MICHIGAN STATE MEDICAL SOCIETY AND PROFESSIONAL CREDENTIAL VERIFICATION SERVICES ARE NOT-FOR-PROFIT CORPORATIONS AND HAVE BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(6). NET INCOME FROM ACTIVITIES UNRELATED TO THEIR TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION. TAXES ON UNRELATED BUSINESS INCOME ARE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. AS OF NOVEMBER 30, 2023 AND 2022, MICHIGAN STATE MEDICAL SOCIETY AND SUBSIDARIES' UNRECOGNIZED TAX BENEFITS WERE NOT SIGNIFICANT. THERE WERE NO SIGNIFICANT PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR OR ACCRUED AT YEAR END. X X X X X 0 0 0 JULIE NOVAK FORMER CEO 355037 0 0 0 29347 0 21763 0 12516 0 418663 0 0 0 BENJAMIN LOUAGIE CSO 224918 0 0 0 3470 0 15944 0 11184 0 255516 0 0 0 LAUCHLIN MACGREGOR CFO 202426 0 0 0 3665 0 14370 0 25401 0 245862 0 0 0 JOSIAH KISSLING SENIOR DIRECTOR 153541 0 0 0 0 0 9948 0 20244 0 183733 0 0 0 KEVIN MCFATRIDGE COO 0 153353 0 0 0 3495 0 10924 0 9027 0 176799 0 0 REBECCA BLAKE SENIOR DIRECTOR 135373 0 0 0 0 0 9449 0 23609 0 168431 0 0 0 CARL RICHARDS SENIOR DIRECTOR 139095 0 0 0 0 0 9657 0 19567 0 168319 0 0 0 VIRGINIA GIBSON SENIOR DIRECTOR 151736 0 0 0 0 0 10577 0 4309 0 166622 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE DIFFERENT TYPES OF DUES CATEGORIES THE MEMBERS PAY (FULL, PART-TIME, RESIDENT, MEDICAL STUDENT, RETIRED MEMBER (DUES EXEMPT) AND GROUP MEMBER). ALL PAYING MEMBERS HAVE THE SAME RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE STATE IS BROKEN DOWN INTO DISTRICTS (MULTIPLE COUNTIES). THROUGH THE COUNTY MEDICAL SOCIETIES, THE MEMBERS IN THOSE DISTRICTS APPOINT MEMBERS TO THE MSMS BOARD OF DIRECTORS WHICH ARE APPROVED BY THE MSMS HOUSE OF DELEGATES. THERE ARE SEVERAL OTHER CATEGORIES OF BOARD OF DIRECTORS APPOINTED BY A SEPARATE COMMITTEE AND APPROVED BY THE HOUSE OF DELEGATES. FORM 990, PART VI, SECTION A, LINE 7B THE HOUSE OF DELEGATES APPROVES SOME MEMBERSHIP DUES RATE CHANGES AND BYLAWS CHANGES. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING, THE FINAL DRAFT IS FIRST REVIEWED BY THE CFO AND THEN IT IS REVIEWED BY THE FINANCE COMMITTEE. AFTER REVIEW BY THE FINANCE COMMITTEE, THE FORM 990 IS THEN MADE AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS REQUIRES ALL REGIONAL DIRECTORS AND OFFICERS TO COMPLETE AND SUBMIT AN ANNUAL STATEMENT OF DISCLOSURE DETAILING ANY FACTS OR CIRCUMSTANCES THAT MIGHT CONSTITUTE A CONFLICT OF INTEREST. THE BOARD OF DIRECTORS CONFLICT OF INTEREST REVIEW COMMITTEE, MADE UP OF THE MSMS BOARD CHAIR, VICE CHAIR, SPEAKER AND VICE SPEAKER, REVIEW EACH REGIONAL DIRECTOR'S OR OFFICER'S STATEMENT OF DISCLOSURE FOR ANY SET OF FACTS OR CIRCUMSTANCES THAT MAY REFLECT AN ACTUAL, POTENTIAL, OR APPARENT CONFLICT OF INTEREST. IF A SPECIFIC MATTER ARISES AS TO WHICH A REGIONAL DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST OR MAY REASONABLY BE THOUGHT TO HAVE A CONFLICT OF INTEREST, SUCH PERSON SHALL MAKE CLEAR DISCLOSURE OF THE CONFLICT TO THE BOARD DURING DISCUSSION OF THAT MATTER. IF THE REGIONAL DIRECTOR OR OFFICER FAILS TO MAKE DISCLOSURE AND THE CHAIR IS AWARE OF THE CONFLICT, THE CHAIR MAY MAKE DISCLOSURE. GENERALLY, A PERSON WITH A CONFLICT MAY STILL PARTICIPATE IN DISCUSSION OF THE RELEVANT MATTER, HOWEVER, THIS INDIVIDUAL WILL NOT BE ALLOWED TO VOTE ON THE ISSUE WITH WHICH THERE MAY BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE AND BOARD OF DIRECTORS REVIEW THE CEO'S SALARY ANNUALLY. AN INDEPENDENT CEO SALARY SURVEY WAS COMPLETED IN AUGUST 2014. EVERY COUPLE OF YEARS, MICHIGAN STATE MEDICAL SOCIETY COMPARES THEIR SALARY STRUCTURE TO INDEPENDENT SALARY SURVEYS OF ASSOCIATIONS. MSMS RECENTLY (JULY 2018) ENGAGED AN INDEPENDENT FIRM TO REVIEW THE OVERALL SALARY STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE PUBLICLY ANNOUNCED AT MICHIGAN STATE MEDICAL SOCIETY ANNUAL MEETING. MICHIGAN STATE MEDICAL SOCIETY FOUNDATION 120 W SAGINAW EAST LANSING MI 48823 386069432 PROMOTE HEALTH EDUCATION PROJECTS IN MICHIGAN MI 501(C)(3) LINE 10 N/A 0 PROFESSIONAL CREDENTIAL VERIFICATION SERVICES 1305 ABBOT ROAD EAST LANSING MI 48823 383091023 PROVIDE PHYSICIAN CREDENTIAL VERIFICATION SERVICES MI 501(C)(6) PHYSICIANS HOLDING COMPANY 1 MICHIGAN HEALTH LEADERSHIP FUND 120 W SAGINAW EAST LANSING MI 48823 841922853 PROMOTE POLICIES THAT STRENGTHEN THE MICHIGAN HEALTH CARE SYSTEM MI 501(C)(4) MICHIGAN STATE MEDICAL SOCIETY 1 PHYSICIAN HOLDING COMPANY 120 W SAGINAW EAST LANSING MI 48823 382969258 TO OVERSEE THE ACTIVITIES OF ALL MSMS SUBSIDIARIES MI MICHIGAN STATE MEDICAL SOCIETY C 66447 4077966 1.00000 1 MSMS PHYSICIAN SERVICES INC 120 W SAGINAW EAST LANSING MI 48823 382243598 TO PROVIDE INSURANCE COVERAGE TO DOCTORS AND THEIR OFFICES MI PHYSICIANS HOLDING COMPANY C 3096454 1331367 1.00000 1 QUANTUM MEDICAL CONCEPTS 120 W SAGINAW EAST LANSING MI 48823 812621641 PROVIDE LOANS TO START UP COMPANIES IN MEDICAL FIELDS MI PHYSICIANS HOLDING COMPANY C 10153 543489 0.90000 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 1 MSMS PHYSICIAN SERVICES INC A 241000 INVOICED AMOUNT MSMS PHYSICIAN SERVICES INC L 421700 INVOICED AMOUNT MSMS PHYSICIAN SERVICES INC N 134500 INVOICED AMOUNT MSMS PHYSICIAN SERVICES INC J 82500 INVOICED AMOUNT MSMS PHYSICIAN SERVICES INC Q 61400 INVOICED AMOUNT