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Nonprofit · EIN 52-1394768

MEDICAL SOCIETY OF VIRGINIA FOUNDATION

Tax-exempt · HENRICO, VA 23294

Financials

$9.9M$7.8M2023$13.8M$11.2M2024$15.9M$13.4M2025
Revenue Expenses · by fiscal year end
Financials of MEDICAL SOCIETY OF VIRGINIA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$15,931,767$13,413,532$2,518,235$20,065,235$8,007,847$12,057,388
December 31, 2024990$13,838,947$11,177,983$2,660,964$12,705,536$3,326,192$9,379,344
December 31, 2023990$9,875,030$7,763,979$2,111,051$9,887,176$3,204,033$6,683,143
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$15,708,652
of which government grants
$15,375,648
Program service revenue
$0
Investment income
$159,869
Net gain from sales of assets
$106,715
Other revenue
$63,246

Expenses

Grants and similar amounts paid
$1,000
Other salaries and wages
$2,040,550
Salaries, compensation and benefits (total)
$4,228,808
Professional fundraising fees
$0
Legal fees
$28,286
Accounting fees
$23,171
Occupancy
$47,696
Travel
$26,322
Depreciation
$500,811
Program services (functional)
$12,397,347
Management and general (functional)
$819,684
Fundraising (functional)
$196,501

Balance sheet and other

Total assets, start of year
$12,705,536
Total assets, end of year
$20,065,235
Total liabilities, end of year
$8,007,847
Net assets, end of year
$12,057,388
Land, buildings and equipment
$1,097,212
Publicly traded securities
$424,903
Net assets without donor restrictions
$11,982,388
Net assets with donor restrictions
$75,000
Gross receipts
$16,554,207
Employees
20
Volunteers
0
Year formed
1986
State of legal domicile
VA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELINA DAVIS-MARTINMSV EVP (EX-OFFICIO VOTING
Trustee or director
6$0$685,936$29,067
MELVIN HODGESMSV CFO
Highest-paid employee
10$0$161,671$20,659
CAROLYN MCCREAEMPLOYEE
Highest-paid employee
43$123,219$0$9,179
ALISON SINGER WRIGHTEMPLOYEE
Highest-paid employee
43$111,565$0$16,718
DENISE KRANICHEMPLOYEE
Highest-paid employee
43$102,691$0$15,966
LEE OUYANG MDPRESIDENT
Trustee or director, Officer
2$0$0$0
ALVIN E HARRIS MDVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
MARY SCHMIDT MDSECRETARY
Trustee or director, Officer
2$0$0$0
STEVEN J LEWIS MDTREASURER
Trustee or director, Officer
2$0$0$0
SAMUEL CAUGHRON MDDIRECTOR
Trustee or director
2$0$0$0
COURTNEY CORBOY PA-CDIRECTOR
Trustee or director
2$0$0$0
ABRAHAM B HARDEE DODIRECTOR
Trustee or director
2$0$0$0
THUY-ANH MELVIN MDDIRECTOR
Trustee or director
2$0$0$0
ANHTAI H NGUYEN MDDIRECTOR
Trustee or director
2$0$0$0
PATRICIA PLETKE MDDIRECTOR
Trustee or director
2$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
ISHAAN RISCHIEDIRECTOR
Trustee or director
2$0
ARTURO SAAVEDRA MD PHDDIRECTOR
Trustee or director
2$0
KATHY SCARBALIS PA-CDIRECTOR
Trustee or director
2$0
CAROL S SHAPIRO MDDIRECTOR
Trustee or director
2$0
MARK D TOWNSEND MDDIRECTOR
Trustee or director
2$0
YUMNA RAHMANEX-OFFICIO
Trustee or director
2$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELINA DAVIS-MARTINMSV EVP (EX-OFFICIO VOTING
Trustee or director
6$0$473,855$127,316
MELVIN HODGESMSV CFO
Highest-paid employee
10$0$135,670$40,302
JOEL BUNDY MDMSV PRESIDENT (EX-OFFICIO)
Trustee or director
2$0$15,000$0
JOSE MOREY MDPRESIDENT
Trustee or director, Officer
2$0$0$0
STEVEN J LEWIS MDVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
ARTURO P SAAVEDRA MDTREASURER
Trustee or director, Officer
2$0$0$0
MARK D TOWNSEND MDSECRETARY
Trustee or director, Officer
2$0$0$0
TAYLAN BOZKURTDIRECTOR
Trustee or director
2$0$0$0
SAMUEL CAUGHRON MDDIRECTOR
Trustee or director
2$0$0$0
ABRAHAM B HARDEE DODIRECTOR
Trustee or director
2$0$0$0
ALVIN E HARRIS MDDIRECTOR
Trustee or director
2$0$0$0
ANHTAI H NGUYEN MDDIRECTOR
Trustee or director
2$0$0$0
PATRICIA PLETKE MDDIRECTOR
Trustee or director
2$0$0$0
KATHY SCARBALIS PA-CDIRECTOR
Trustee or director
2$0$0$0
MARY SCHMIDT MDDIRECTOR
Trustee or director
2$0$0$0
CAROL S SHAPIRO MDDIRECTOR
Trustee or director
2$0$0$0
ISHAAN RISCHIEEX-OFFICIO
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELINA DAVIS-MARTINMSV EVP (EX-OFFICIO VOTING
Trustee or director
6$0$445,399$90,028
MELVIN HODGESMSV CFO
Highest-paid employee
10$0$140,091$48,350
ALICE COOMBS MDMSV PRESIDENT (EX-OFFICIO
Trustee or director
2$0$15,000$0
JOSE MOREY MDPRESIDENT
Trustee or director, Officer
2$0$0$0
MARK D TOWNSEND MDVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
LARRY G MITCHELL MDTREASURER
Trustee or director, Officer
2$0$0$0
STEVEN J LEWIS MDSECRETARY
Trustee or director, Officer
2$0$0$0
TAYLAN BOZKURTDIRECTOR
Trustee or director
2$0$0$0
STEPHEN BRAWLEY MDDIRECTOR
Trustee or director
2$0$0$0
SAMUEL CAUGHRON MDDIRECTOR
Trustee or director
2$0$0$0
SHAYLYN FAHEYDIRECTOR
Trustee or director
2$0$0$0
PATRICIA PLETKE MDDIRECTOR
Trustee or director
2$0$0$0
KATHY SCARBALIS PA-CDIRECTOR
Trustee or director
2$0$0$0
ALVIN E HARRIS MDDIRECTOR
Trustee or director
2$0$0$0
ANHTAI H NGUYEN MDDIRECTOR
Trustee or director
2$0$0$0
MARY SCHMIDT MDDIRECTOR
Trustee or director
2$0$0$0
JOEL BUNDY MDMSV PRESIDENT ELECT (EX-OF
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
2924 EMERYWOOD PKWY STE 300, HENRICO, VA 23294-3746
Principal officer (990 for 2025)
MELVIN HODGES, 2924 EMERYWOOD PARKWAY SUITE 300, RICHMOND, VA 23294
Signed the 990
MELVIN HODGES, CHIEF FINANCIAL OFFICER-MSV
Phone
(804) 353-2721
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

TO BETTER EQUIP THE PHYSICIAN COMMUNITY TO IMPROVE THE HEALTH OF VIRGINIANS

990 for the year ended December 31, 2025

Program accomplishments

  • MEDICAL LEADERSHIP: TO PROVIDE A TRUSTED SOURCE OF LEADERSHIP DEVELOPMENT FOR VIRGINIA'S PHYSICIANS, WITH A GOAL OF EFFECTIVELY ADVANCING HEALTH AND HEALTH CARE IN VIRGINIA.
    Expenses $12,397,347 · grants $1,000

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1394768
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
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E112)
Assets (IRS master file)
$20,065,235
Income (IRS master file)
$16,554,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$15,931,767$13,413,532$20,065,235IRS
990December 2024$13,838,947$11,177,983$12,705,536XML
990December 2023$9,875,030$7,763,979$9,887,176XML
990December 2022$7,384,172$6,856,196$6,973,763IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 52-1394768).

Questions about MEDICAL SOCIETY OF VIRGINIA FOUNDATION

What is the EIN of MEDICAL SOCIETY OF VIRGINIA FOUNDATION?
The employer identification number (EIN) of MEDICAL SOCIETY OF VIRGINIA FOUNDATION is 52-1394768.
Is MEDICAL SOCIETY OF VIRGINIA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to MEDICAL SOCIETY OF VIRGINIA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEDICAL SOCIETY OF VIRGINIA FOUNDATION 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 MEDICAL SOCIETY OF VIRGINIA FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDICAL SOCIETY OF VIRGINIA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MEDICAL SOCIETY OF VIRGINIA FOUNDATION?
The 990 for the year ended December 31, 2025 names MELVIN HODGES.
Who are the officers and directors of MEDICAL SOCIETY OF VIRGINIA FOUNDATION?
The 990 for the year ended December 31, 2025 lists 21 people; 3 received compensation from the organization.
How much revenue does MEDICAL SOCIETY OF VIRGINIA FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $15,931,767, expenses of $13,413,532 and total assets of $20,065,235 at year end.

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