Nonprofit · EIN 51-0075162
DELAWARE ACADEMY OF MEDICINE INC
Tax-exempt · NEWARK, DE 19713
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,124,983 | $3,005,280 | $119,703 | $5,078,944 | $1,955,772 | $3,123,172 |
| December 31, 2023 | 990 | $1,332,743 | $1,512,163 | -$179,420 | $5,459,261 | $2,444,068 | $3,015,193 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,769,451
- of which government grants
- $2,229,484
- Membership dues
- $10,216
- Program service revenue
- $180,939
- Investment income
- $172,129
- Net rental income
- $2,464
- Net gain from sales of assets
- $60,871
- Other revenue
- $2,464
Expenses
- Grants and similar amounts paid
- $1,516,554
- Compensation of officers, directors and key employees
- $133,660
- Other salaries and wages
- $425,769
- Salaries, compensation and benefits (total)
- $660,309
- Professional fundraising fees
- $0
- Legal fees
- $9,514
- Accounting fees
- $136,857
- Occupancy
- $26,796
- Travel
- $3,230
- Depreciation
- $11,988
- Program services (functional)
- $2,670,811
- Management and general (functional)
- $310,640
- Fundraising (functional)
- $23,829
Balance sheet and other
- Total assets, start of year
- $5,459,261
- Total assets, end of year
- $5,078,944
- Total liabilities, end of year
- $1,955,772
- Net assets, end of year
- $3,123,172
- Land, buildings and equipment
- $218,037
- Publicly traded securities
- $3,664,798
- Net assets without donor restrictions
- $531,030
- Net assets with donor restrictions
- $2,592,142
- Gross receipts
- $3,371,060
- Employees
- 7
- Volunteers
- 1
- Year formed
- 1930
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM GIBS MPH | FORMER EXECTIVE DIRECTOR Former | 40 | $133,659 |
| LYNN C JONES MHA FACHE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| STEPHEN C EPPES MD | PRESIDENT ELECT Trustee or director, Officer | 2 | $0 |
| ANN PAINTER MSN RN | SECRETARY Trustee or director, Officer | 2 | $0 |
| JEFFREY M COLE DDS MBA | TREASURER Trustee or director, Officer | 2 | $0 |
| JOHN SWANSON MD | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID M BERCAW MD | DIRECTOR Trustee or director | 2 | $0 |
| ERIC T JOHNSON MD | DIRECTOR Trustee or director | 2 | $0 |
| ERIN M KAVANAUGH MD | DIRECTOR Trustee or director | 2 | $0 |
| JOSEPH KELLY DDS | DIRECTOR Trustee or director | 2 | $0 |
| OMAR KHAN MD MHS | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN W LITTLE MD PHD | DIRECTOR Trustee or director | 2 | $0 |
| DANIEL J MEARA MD DMD | DIRECTOR Trustee or director | 2 | $0 |
| JOHN P PIPER DO | DIRECTOR Trustee or director | 2 | $0 |
| MEGAN L WERNER MD MPH | DIRECTOR Trustee or director | 2 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLAMAINE WRIGHT MD MSHP | DIRECTOR Trustee or director | 2 | $0 |
| BARRY KAYNE | EMERITUS Trustee or director | 1 | $0 |
| JOSEPH KESTNER JR MD | EMERITUS Trustee or director | 1 | $0 |
| KATHERINE SMITH MD MPH | CURRENT EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIM GIBBS MPH | EXECUTIVE DIRECTOR Trustee or director | 40 | $133,731 | $19,196 |
| KATHERINE SMITH MD MPH | PROGRAM MANAGER Highest-paid employee | 40 | $110,004 | $8,618 |
| LYNN C JONES LFACHE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| STEPHEN C EPPES MD | PRESIDENT ELECT Trustee or director, Officer | 2 | $0 | $0 |
| ANN PAINTER MSN RN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY M COLE DDS MBA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| S JOHN SWANSON MD | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAVID M BERCAW MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SAUNDRA DELAUDER PHD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIC T JOHNSON MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN M KAVANAUGH MD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSEPH KELLY DDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OMAR A KHAN MD MHS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN W LITTLE MD PHD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL J MEARA MD DMD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN P PIPER DO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MEGAN L WERNER MD MPH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARMAINE WRIGHT MD MSHP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARRY KAYNE | EMERITUS Trustee or director | 1 | $0 | $0 |
| JOSEPH KESTNER JR MD | EMERITUS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4765 OGLETOWN STANTON RD ST L1, NEWARK, DE 19713-8003
- Principal officer (990 for 2024)
- KATHERINE SMITH MD
- Signed the 990
- KATHERINE SMITH MD, EXECUTIVE DIRECTOR
- Phone
- (302) 733-3900
- Website
- WWW.DELAMED.ORG
- Return prepared by
- WHEELER WOLFENDEN & DWARES PA
Mission
THE DELAWARE ACADEMY OF MEDICINE, INC. IS A PRIVATE, NON PROFIT ORGANIZATION FOUNDED IN 1930. OUR MISSION IS TO ENHANCE THE WELL BEING OF OUR COMMUNITY THROUGH MEDICAL EDUCATION AND THE PROMOTION OF PUBLIC HEALTH. THIS MISSION IS ACCOMPLISHED THROUGH PROFESIONAL AND LAY EDUCATION, ADVOCACY EFFORTS, PARTNERSHIPS WITH LIKE MINDED INDIVIDUALS AND ENTITIES, AND WITH GUIDANCE FROM NATIONAL ORGANZIATIONS INCLUDING THE AMERICAN PUBLIC HEALTH ASSOCIATION AND THE NATIONAL ACADEMY OF MEDICINE.
Program accomplishments
- COMMUNITY EDUCATION & RESCOURCES (CER): FOR THE PROFESSIONAL/CLINICAL HEALTHCARE COMMUNITY, THE DELAWARE ACADEMY OF MEDICINE, INC. PROVIDES TRAINING AND PROFESSIONAL PROGRAMS ON A WIDE RANGE OF TOPICS; FROM SPECIALTY EDUCATION TO PUBLIC HEALTH EDUCATION TOPICS INCLUDING CULTURAL COMPETENCY, HEALTH LITERACY, AND TRENDS IN PUBLIC HEALTH PRACTICES. THE DELAWARE ACADEMY OF MEDICINE, INC. OPERATES THE IMMUNIZATION COALITION OF DELAWARE PROGRAM AND THE STROKE PREVENTION AND RESCOURCES PROJECT. THE DELAWARE ACADEMY OF MEDICINE, INC. IS THE STATE OF DELAWARE AFFILIATE OF THE AMERICAN PUBLIC HEALTH ASSOCIATION, AND PUBLISHES THE DELAWARE JOURNAL OF PUBLIC HEALTH. IN ADDITION, THE DELAWARE ACADEMY OF MEDICINE, INC. OPERATES THE DELAWARE HEALTH FORCE INITIATIVE IN A COLLABORATIVE RELATIONSHIP WITH THE STATE OF DELAWARE AND THE DELAWARE HEALTH CARE COMMISSION.Expenses $2,642,511 · grants $1,516,554 · revenue $104,425
- THE STUDENT FINANCIAL AID PROGRAM OFFERED BY THE DELAWARE ACADEMY OF MEDICINE, INC. PROVIDES GENERAL ASSISTANCE LOANS TO DELAWARE RESIDENTS STUDYING MEDICINE AND DENTISTRY.Expenses $28,300 · revenue $8,466
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0075162
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,078,944
- Income (IRS master file)
- $3,371,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,124,983 | $3,005,280 | $5,078,944 | XML |
| 990 | December 2023 | $1,332,743 | $1,512,163 | $5,459,261 | XML |
| 990 | December 2022 | $1,759,887 | $1,414,240 | $3,796,742 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0075162).
Questions about DELAWARE ACADEMY OF MEDICINE INC
- What is the EIN of DELAWARE ACADEMY OF MEDICINE INC?
- The employer identification number (EIN) of DELAWARE ACADEMY OF MEDICINE INC is 51-0075162.
- Is DELAWARE ACADEMY OF MEDICINE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
- Are donations to DELAWARE ACADEMY OF MEDICINE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DELAWARE ACADEMY OF MEDICINE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DELAWARE ACADEMY OF MEDICINE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DELAWARE ACADEMY OF MEDICINE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DELAWARE ACADEMY OF MEDICINE INC?
- The 990 for the year ended December 31, 2024 names KATHERINE SMITH MD.
- Who are the officers and directors of DELAWARE ACADEMY OF MEDICINE INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $133,659 (TIM GIBS MPH, FORMER EXECTIVE DIRECTOR).
- How much revenue does DELAWARE ACADEMY OF MEDICINE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,124,983, expenses of $3,005,280 and total assets of $5,078,944 at year end.
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