Nonprofit · EIN 80-0417187
THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC
Tax-exempt · NORTH BAY VLG, FL 33141
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $556,726 | $496,565 | $60,161 | $221,965 | $530,656 | -$308,691 |
| December 31, 2023 | 990 | $763,141 | $747,235 | $15,906 | $149,995 | $518,847 | -$368,852 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $557,540
- Investment income
- -$814
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $424,418
- Other salaries and wages
- $48,339
- Salaries, compensation and benefits (total)
- $53,159
- Professional fundraising fees
- $0
- Accounting fees
- $1,400
- Occupancy
- $2,815
- Program services (functional)
- $424,418
- Management and general (functional)
- $72,147
Balance sheet and other
- Total assets, start of year
- $149,995
- Total assets, end of year
- $221,965
- Total liabilities, end of year
- $530,656
- Net assets, end of year
- -$308,691
- Gross receipts
- $556,726
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Marta Fasoli | Director Trustee or director | 1 | $0 |
| Jane Bresica | Director Trustee or director | 1 | $0 |
| David Filler | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marta Fasoli | Director Trustee or director | 1 | $0 |
| Jane Bresica | Director Trustee or director | 1 | $0 |
| David Filler | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1666 79TH STREET CSWY STE 702, NORTH BAY VLG, FL 33141-4190
- Principal officer (990 for 2024)
- Marta Fasoli, 1666 Kennedy Causeway 702, N Bay Village, FL 33141
- Signed the 990
- Marta Fasoli, Director
- Phone
- (305) 407-9222
- Return prepared by
- LRC & Associates PLLC
Mission
A vision of a united global medical community to provide necessary funding.
Program accomplishments
- Provide funding to doctors from developing countries and local communities.0
- Education & medical grants in the latest medical knowledge and advances.Expenses $424,418 · grants $424,418 · revenue $557,540
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
- 80-0417187
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G199)
- Assets (IRS master file)
- $221,965
- Income (IRS master file)
- $556,726
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $556,726 | $496,565 | $221,965 | XML |
| 990 | December 2023 | $763,141 | $747,235 | $149,995 | XML |
| 990 | December 2022 | $406,689 | $414,350 | $408,690 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 80-0417187).
Questions about THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC
- What is the EIN of THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC?
- The employer identification number (EIN) of THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC is 80-0417187.
- Is THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE 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 THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE 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 THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE 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 THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC?
- The 990 for the year ended December 31, 2024 names Marta Fasoli.
- Who are the officers and directors of THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE SOCIETY FOR WORLDWIDE MEDICAL EXCHANGE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $556,726, expenses of $496,565 and total assets of $221,965 at year end.
Other nonprofits in NORTH BAY VLG
- ANSIN FOUNDATION INC EIN 87-1479369 · last filed 990-PF for 2024
- BUILD BELIZE INC EIN 87-3480746 · last filed 990 for 2024
- CHANNEL 7 FOUNDATION INC EIN 87-1501715 · last filed 990-PF for 2024
- LATINO YOUTH OUTREACH INC EIN 85-3905442 · last filed 990-N for 2024
- SEE THE WORLD EDUCATION EIN 81-4596132 · last filed 990-N for 2025
- PTA FLORIDA CONGRESS EIN 23-7102521 · last filed 990-N for 2025
- HOPE MURALS INC EIN 83-2055088 · last filed 990-N for 2024
- MIAMI PROGRESSIVE PROJECT INC EIN 27-1727133 · last filed 990-N for 2025
All nonprofits in NORTH BAY VLG · Florida · Voluntary health associations and medical disciplines