MEDICAL SOCIETY OF THE COUNTY OF E… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1897

Legal Domicile

Principal Officer

KATHLEEN VAN DE LOO

Phone

7168521810

Tax Period

2025-01-01 to 2025-12-31

MEDICAL SOCIETY OF THE COUNTY OF ERIE, founded in 1897, is a small nonprofit that reported $427K in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 42% operating margin.

Mission

TO PROVIDE MEDICAL EDUCATION AND INFORMATION TO MEMBERS AND THE LOCAL COMMUNITY

Program Service Accomplishments

Program 1

BULLETINS OR NEWSLETTERS FOR MEMBER PHYSICIANS AND SUBSCRIBERS, RELAYING CURRENT MEDICAL INFORMATION

Program 2

EDUCATIONAL SEMINARS AND MEETINGS TO KEEP ALL MEMBER PHYSICIANS UP TO DATE ON CURRENT MEDICAL ISSUES

Program 3

INFORMATIONAL PROJECTS AIMED AT ALL RESIDENTS OF ERIE COUNTY TO ACQUAINT THEM WITH THE SERVICES AVAILABLE FROM THE MEDICAL SOCIETY AND SERVICE COMPLAINTS ABOUT MEMBER PHYSICIANS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $204,523

Program Service Revenue $221,361

Investment Income $969

Other Revenue $0

TOTAL REVENUE $426,853

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $246,868

TOTAL EXPENSES $248,368

Year-over-Year Comparison

	2025	2024	Change
Revenue	$426,853	$293,026	+0.5%
Expenses	$248,368	$283,019	-0.1%
Net Income	$178,485	$10,007	+16.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL TERRANOVA	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL MERRILL	PRESIDENT ELECT	N/A	Officer Director	$0	$0	$0
IRIS DANZIGER	IMM PAST PRES	N/A		$0	$0	$0
NATALKA STACHIW	VICE PRESIDENT	N/A	Officer Director	$0	$0	$0
RICHARD CARLSON	TREASURER	N/A	Officer Director	$0	$0	$0
NORA MEANEY-ELMAN	SECRETARY	N/A	Officer Director	$0	$0	$0
GALE BURSTEIN	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER CARLSON	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD CARLSON	DIRECTOR	N/A	Director	$0	$0	$0
JULIA FALLER	DIRECTOR	N/A	Director	$0	$0	$0
JOHN FUDYMA	DIRECTOR	N/A	Director	$0	$0	$0
RENUKA IYER	DIRECTOR	N/A	Director	$0	$0	$0
ALAN KLITZKE	DIRECTOR	N/A	Director	$0	$0	$0
JOHN KRAUS	DIRECTOR	N/A	Director	$0	$0	$0
LINDSAY LIPINSKI	DIRECTOR	N/A	Director	$0	$0	$0
RAYMOND PAOLINI	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT PERRY	DIRECTOR	N/A	Director	$0	$0	$0
SAMANTHA BORDONARO	DIRECTOR	N/A	Director	$0	$0	$0
JOHN GILLESPIE	DIRECTOR	N/A	Director	$0	$0	$0
STACEY WATT	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$426,853	$248,368	$507,177	$178,485
2024	$293,026	$283,019	$370,262	$10,007
2023	$321,547	$339,681	$452,563	$-18,134
2022	$311,752	$375,535	$415,585	$-63,783
2021	$380,501	$365,089	$530,047	$15,412
2020	$314,541	$417,789	$563,329	$-103,248
2019	$356,224	$442,207	$677,312	$-85,983
2018	$411,065	$468,904	$708,480	$-57,839

MEDICAL SOCIETY OF THE COUNTY OF ERIE