PENNSYLVANIA PSYCHIATRIC SOCIETY

EIN: 231548659

SEVERNA PARK, MD

Total Revenue
$496,051
Total Expenses
$482,978
Total Assets
$840,609
Net Assets
$753,350
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
PA
Principal Officer
USMAN HAMEED MD
Phone
8472644667
Tax Period
2023-01-01 to 2023-12-31

PENNSYLVANIA PSYCHIATRIC SOCIETY, founded in 1988, is a small nonprofit that reported $496K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO FULLY REPRESENT PENNSYLVANIA PSYCHIATRISTS IN ADVOCATING FOR THEIR PROFESSION AND THEIR PATIENTS, AND TO ASSURE ACCESS TO PSYCHIATRIC SERVICES OF HIGH QUALITY, THROUGH ACTIVITIES IN EDUCATION, SHAPING OF LEGISLATION AND UPHOLDING ETHICAL STANDARDS.

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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 $0
Program Service Revenue $481,310
Investment Income $13,684
Other Revenue $1,057
TOTAL REVENUE $496,051

Expense Breakdown

Grants Paid $202
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $482,776
TOTAL EXPENSES $482,978

Year-over-Year Comparison

2023 2022 Change
Revenue $496,051 $449,325 +0.1%
Expenses $482,978 $384,694 +0.3%
Net Income $13,073 $64,631 -0.8%
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
22
Independent Members
22
Employees
N/A
Volunteers
26

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
8
$0
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
USMAN HAMEED MD DFAPA DFAACAP PRES-ELECT UNTIL MAY THEN PRESIDENT 2.00
Officer Director
$0 $0 $0
IRAKI MANIA MD DFAPA VICE PRES. UNTIL MAY THEN PRES-ELECT 1.00
Officer Director
$0 $0 $0
HOPE S SELARNICK MD DFAPA PRES. UNTIL MAY, THEN IMM. PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
KAVITA K FISCHER MD DFAPA TREASURER UNTIL MAY, THEN VICE PRES. 0.50
Officer Director
$0 $0 $0
MARK MATTA DO BOARD MEMBER THEN TREASURER AS OF JUNE 0.50
Officer Director
$0 $0 $0
INDRANIL CHAKRABARTI MD DFAPA SECRETARY AS OF JUNE 0.50
Officer Director
$0 $0 $0
DEHANALAKSHMI RAMASAMY MD IMM. PAST PRESIDENT UNTIL MAY 0.50
Officer Director
$0 $0 $0
KATHERINE B MARTIN MD BOARD MEMBER 0.50
Director
$0 $0 $0
ELLEN D CONROY DO BOARD MEMBER 0.50
Director
$0 $0 $0
MARINA GOLDMAN MD BOARD MEMBER 0.50
Director
$0 $0 $0
AILEEN P OANDASAN MD BOARD MEMBER AS OF JUNE 0.50
Director
$0 $0 $0
GARY SWANSON MD BOARD MEMBER 0.50
Director
$0 $0 $0
DENNIS P BORCZON MD BOARD MEMBER 0.50
Director
$0 $0 $0
DOUGLAS A OCKRYMIEK DO BOARD MEMBER 0.50
Director
$0 $0 $0
ADAM C TRIPP MD PHD BOARD MEMBER 0.50
Director
$0 $0 $0
MARY ANNE ALBAUGH MD BOARD MEMBER 0.50
Director
$0 $0 $0
HECTOR COLON-RIVERA MD BOARD MEMBER 0.50
Director
$0 $0 $0
ROBERT E WILSON MD PHD BOARD MEMBER 0.50
Director
$0 $0 $0
LUKE PIPER MD BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTINE MARCHIONNI MD BOARD MEMBER 0.50
Director
$0 $0 $0
RICHARD FISCHBEIN BOARD MEMBER 0.50
Director
$0 $0 $0
SARAH FRIEDRICK DO BOARD MEMBER AS OF JUNE 0.50
Director
$0 $0 $0
NATALIA ORTIZ BOARD MEMBER UNTIL JUNE 0.50
Director
$0 $0 $0
MICHAEL J CHEN BOARD MEMBER UNTIL JUNE 0.50
Director
$0 $0 $0
COURTNEY CHELLEW BOARD MEMBER 0.50
Director
$0 $0 $0
HOLLY VALERIO BOARD MEMBER UNTIL JUNE 0.50
Director
$0 $0 $0
ROBBI-ANN M COOK CAE EXECUTIVE DIRECTOR 20.00
Officer
$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 $496,051 $482,978 $840,609 $13,073
2022 $449,325 $384,694 $816,092 $64,631
2021 $485,951 $536,459 $649,963 $-50,508
2020 $436,001 $502,335 $782,917 $-66,334
2019 $522,748 $599,567 $777,106 $-76,819
2018 $548,351 $596,661 $822,525 $-48,310
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