MICHIGAN SOCIETY OF HEMATOLOGY & ONCOLOGY

EIN: 382634114

TROY, MI

Total Revenue
$1,359,386
Total Expenses
$807,768
Total Assets
$5,186,929
Net Assets
$4,698,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MI
Principal Officer
PHILIP KURIAKOSE MD FACP
Phone
2483855464
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN SOCIETY OF HEMATOLOGY & ONCOLOGY, founded in 1985, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $552K, a strong 41% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE EQUITABLE AND HIGH-QUALITY CARE FOR PATIENTS WITH CANCER AND BLOOD DISORDERS THROUGH ADVOCACY, EDUCATION, AND RESEARCH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,135,956
Program Service Revenue $0
Investment Income $223,430
Other Revenue $0
TOTAL REVENUE $1,359,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,638
Fundraising Expenses $0
Other Expenses $461,130
TOTAL EXPENSES $807,768

Year-over-Year Comparison

2024 2023 Change
Revenue $1,359,386 $1,220,188 +0.1%
Expenses $807,768 $751,026 +0.1%
Net Income $551,618 $469,162 +0.2%
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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Governance

Voting Members
21
Independent Members
21
Employees
5
Volunteers
23

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
2
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANAS AL-JANADI MD BOARD MEMBER N/A
Director
$0 $0 $0
TIMOTHY COX MD BOARD MEMBER N/A
Director
$0 $0 $0
THOMAS GRIBBIN MD BOARD MEMBER N/A
Director
$0 $0 $0
JOANN HIRTH MD BOARD MEMBER N/A
Director
$0 $0 $0
ANDREW MUSKOVITZ MD BOARD MEMBER N/A
Director
$0 $0 $0
CAROL RAPSON MD BOARD MEMBER N/A
Director
$0 $0 $0
OSCAR SIGNORI MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL STENDER MD TREASURER N/A
Officer
$0 $0 $0
JEROME SEID MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
MOHAMMED OGAILY MD BOARD MEMBER N/A
Director
$0 $0 $0
ZACHARY HECTOR-WORD MD BOARD MEMBER N/A
Director
$0 $0 $0
PHILIP KURIAKOSE MD FACP PRESIDENT N/A
Director
$0 $0 $0
ULKA VAISHAMPAYAN MD BOARD MEMBER N/A
Director
$0 $0 $0
DANIEL ISAAC DO PRESIDENT EL N/A
Director
$0 $0 $0
MARY KAY MAKAREWICZ E. DIRECTOR/ N/A
Officer
$0 $0 $0
YELENA KIER DO BOARD MEMBER N/A
Director
$0 $0 $0
SHRUTI JOLLY MD BOARD MEMBER N/A
Director
$0 $0 $0
MOHAMMAD OMAIRA MD BOARD MEMBER N/A
Director
$0 $0 $0
PHILIP PHILIP MD BOARD MEMBER N/A
Director
$0 $0 $0
AMMAR SUKARI MD BOARD MEMBER N/A
Director
$0 $0 $0
MACKENZIE MAYO MD FELLOW N/A
Director
$0 $0 $0
HIRVA MAMDANI MD BOARD MEMBER N/A
Director
$0 $0 $0
MARKIE ZIMMER MD FELLOW 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
2024 $1,359,386 $807,768 $5,186,929 $551,618
2023 $1,220,188 $751,026 $4,375,630 $469,162
2022 $1,134,631 $744,602 $3,608,293 $390,029
2021 $1,023,674 $663,094 $3,631,868 $360,580
2020 $969,738 $600,979 $3,194,464 $368,759
2019 $887,030 $643,969 $2,570,423 $243,061
2018 $658,950 $602,349 $2,247,792 $56,601
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