The Consortium of Multiple Sclerosis Centers Inc

EIN: 223216416 501(c)(3) Diseases & Disorders

Hackensack, NJ

Total Revenue
$6,460,590
Total Expenses
$6,585,296
Total Assets
$5,752,479
Net Assets
$2,859,401
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NJ
Principal Officer
Bill Katchen
Phone
2014871050
Tax Period
2023-01-01 to 2023-12-31

The Consortium of Multiple Sclerosis Centers Inc, founded in 1993, is a community nonprofit in the Diseases & Disorders sector that reported $6.5M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

The Consortium of Multiple Sclerosis Centers Inc. was established to enhance collaboration by the foremost MS Centers in North America. Its members are comprehensive Multiple Sclerosis research and treatment centers.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $123,519
Program Service Revenue $6,161,544
Investment Income $173,462
Other Revenue $2,065
TOTAL REVENUE $6,460,590

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,259,766
Fundraising Expenses $0
Program Expenses $5,270,436
Other Expenses $5,325,530
TOTAL EXPENSES $6,585,296

Year-over-Year Comparison

2023 2022 Change
Revenue $6,460,590 $7,387,534 -0.1%
Expenses $6,585,296 $7,395,134 -0.1%
Net Income $-124,706 $-7,600 +15.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
16
Volunteers
N/A

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
4
$0
Total Directors
8
$0
Key Employees
1
$272,672
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
June Halper CEO 037.00
Key Emp Highest
$254,672 $0 $272,672
Scott Newsome Past President 001.00
Officer Director
$0 $0 $0
Anne Cross President 001.00
Officer Director
$0 $0 $0
Nora Fritz Senior Member At Large 001.00
Director
$0 $0 $0
Jeffrey Wilken President Elect 001.00
Director
$0 $0 $0
Jacquelyn Bainbridge Secretary 001.00
Officer Director
$0 $0 $0
Robert Naismith Treasurer 001.00
Officer Director
$0 $0 $0
John Deluca Member At Large 001.00
Director
$0 $0 $0
Sharon Ross Tingen Member At Large 001.00
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
2024 No data No data No data No data
2023 $6,460,590 $6,585,296 $5,752,479 $-124,706
2022 $7,387,534 $7,395,134 $6,741,083 $-7,600
2021 $7,457,056 $7,301,152 $6,118,882 $155,904
2020 $6,714,011 $6,844,099 $5,747,026 $-130,088
2019 $7,819,664 $7,702,657 $5,974,420 $117,007
2018 $6,195,505 $6,788,932 $5,320,611 $-593,427
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