Skip to main content

Nonprofit · EIN 51-0075162

DELAWARE ACADEMY OF MEDICINE INC

Tax-exempt · NEWARK, DE 19713

Financials

$1.3M$1.5M2023$3.1M$3M2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE ACADEMY OF MEDICINE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,124,983$3,005,280$119,703$5,078,944$1,955,772$3,123,172
December 31, 2023990$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.

NameTitleHours / weekCompensation
TIM GIBS MPHFORMER EXECTIVE DIRECTOR
Former
40$133,659
LYNN C JONES MHA FACHEPRESIDENT
Trustee or director, Officer
2$0
STEPHEN C EPPES MDPRESIDENT ELECT
Trustee or director, Officer
2$0
ANN PAINTER MSN RNSECRETARY
Trustee or director, Officer
2$0
JEFFREY M COLE DDS MBATREASURER
Trustee or director, Officer
2$0
JOHN SWANSON MDIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
2$0
DAVID M BERCAW MDDIRECTOR
Trustee or director
2$0
ERIC T JOHNSON MDDIRECTOR
Trustee or director
2$0
ERIN M KAVANAUGH MDDIRECTOR
Trustee or director
2$0
JOSEPH KELLY DDSDIRECTOR
Trustee or director
2$0
OMAR KHAN MD MHSDIRECTOR
Trustee or director
2$0
BRIAN W LITTLE MD PHDDIRECTOR
Trustee or director
2$0
DANIEL J MEARA MD DMDDIRECTOR
Trustee or director
2$0
JOHN P PIPER DODIRECTOR
Trustee or director
2$0
MEGAN L WERNER MD MPHDIRECTOR
Trustee or director
2$0
4 more people on this return
NameTitleHours / weekCompensation
CHARLAMAINE WRIGHT MD MSHPDIRECTOR
Trustee or director
2$0
BARRY KAYNEEMERITUS
Trustee or director
1$0
JOSEPH KESTNER JR MDEMERITUS
Trustee or director
1$0
KATHERINE SMITH MD MPHCURRENT EXECUTIVE DIRECTOR
Officer
40$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
TIM GIBBS MPHEXECUTIVE DIRECTOR
Trustee or director
40$133,731$19,196
KATHERINE SMITH MD MPHPROGRAM MANAGER
Highest-paid employee
40$110,004$8,618
LYNN C JONES LFACHEPRESIDENT
Trustee or director, Officer
2$0$0
STEPHEN C EPPES MDPRESIDENT ELECT
Trustee or director, Officer
2$0$0
ANN PAINTER MSN RNSECRETARY
Trustee or director, Officer
2$0$0
JEFFREY M COLE DDS MBATREASURER
Trustee or director, Officer
2$0$0
S JOHN SWANSON MDIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
2$0$0
DAVID M BERCAW MDDIRECTOR
Trustee or director
2$0$0
SAUNDRA DELAUDER PHDDIRECTOR
Trustee or director
2$0$0
ERIC T JOHNSON MDDIRECTOR
Trustee or director
2$0$0
ERIN M KAVANAUGH MDDIRECTOR
Trustee or director
2$0$0
JOSEPH KELLY DDSDIRECTOR
Trustee or director
2$0$0
OMAR A KHAN MD MHSDIRECTOR
Trustee or director
2$0$0
BRIAN W LITTLE MD PHDDIRECTOR
Trustee or director
2$0$0
DANIEL J MEARA MD DMDDIRECTOR
Trustee or director
2$0$0
JOHN P PIPER DODIRECTOR
Trustee or director
2$0$0
MEGAN L WERNER MD MPHDIRECTOR
Trustee or director
2$0$0
CHARMAINE WRIGHT MD MSHPDIRECTOR
Trustee or director
2$0$0
BARRY KAYNEEMERITUS
Trustee or director
1$0$0
JOSEPH KESTNER JR MDEMERITUS
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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,124,983$3,005,280$5,078,944XML
990December 2023$1,332,743$1,512,163$5,459,261XML
990December 2022$1,759,887$1,414,240$3,796,742IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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.

Other nonprofits in NEWARK

All nonprofits in NEWARK · Delaware