Public Charity

Illinois State Medical Society

Illinois State Medical Society is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2024 filing: $3.8M revenue, $3.9M expenses, $8.6M total assets. 6 publicly reported grants to this organization, totaling roughly $227K, appear in IRS filings.

EIN: 362436054 CHICAGO, IL Latest filing: 2024
Total Revenue$3.8M
Total Expenses$3.9M
Total Assets$8.6M
Grant Records6
Funding Total$227K
Filing Years2020–2024

Mission

THE ILLINOIS STATE MEDICAL SOCIETY IS A PROFESSIONAL ORGANIZATION THAT REPRESENTS AND UNIFIES ITS PHYSICIAN MEMBERS AS THEY PRACTICE THE SCIENCE AND ART OF MEDICINE. THE SOCIETY REPRESENTS THE INTERESTS OF MEMBER PHYSICIANS, ADVOCATES FOR PATIENTS AND PROMOTES THE DOCTOR/PATIENT RELATIONSHIP, THE ETHICAL PRACTICE OF MEDICINE, AND THE BETTERMENT OF THE PUBLIC HEALTH.

Where $100 goes at Illinois State Medical Society

How Illinois State Medical Society divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$20 Programs the work itself
$80 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $20 for programs

$7
The isms governmental affairs team represented the interests of physician members in the state capital and with the illinois congressional delegation
34% of program spending
$7
The isms division of health policy research and advocacy fielded hundreds of member calls for assistance in 2023
33% of program spending
$6
The membership and marketing team is responsible for the ongoing maintenance and enhancement of a strong physician membership
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

CEO Alexander R Lerner
TRUSTEE AT LARGE Amy J Derick Md
TRUSTEE AT LARGE Candance D Mcgregor Md
COO Cheryl L Koos
SECRETARY TREASURER Christine P Bishof
CFO David A Wichmann

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$218,209 5 grants
Unspecified
$8,607 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $3.9M $8.6M
2023 $4.1M $4.5M $9.0M
2022 $3.6M $4.2M $9.7M
2020 $4.4M $3.9M $10.6M

Between 2020 and 2024, reported annual revenue declined from $4.4M to $3.8M (-13%), with total assets most recently reported at $8.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Illinois State Medical Society

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