MEDICAL AFFAIRS PROFESSIONAL SOCIETY

EIN: 815288660 501(c)(3) Health Care

GOLDEN, CO

Total Revenue
$6,823,612
Total Expenses
$7,210,991
Total Assets
$1,487,093
Net Assets
$848,803
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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
2017
Legal Domicile
CO
Principal Officer
TRAVIS HEGE
Phone
3034952073
Tax Period
2023-01-01 to 2023-12-31

MEDICAL AFFAIRS PROFESSIONAL SOCIETY, founded in 2017, is a community nonprofit in the Health Care sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

TO ADVANCE THE MEDICAL AFFAIRS PROFESSION AND INCREASE ITS IMPACT ACROSS THE BIOPHARMACEUTICAL AND DEVICE INDUSTRY BY:-PROMOTING EXCELLENCE ACROSS MEDICAL AFFAIRS FUNCTIONS-DEVELOPING GUIDELINES TO SUPPORT INDUSTRY STANDARDS AND BEST PRACTICES-FOSTERING ADVOCACY FOR THE MEDICAL AFFAIRS PROFESSION-BUILDING CAPABILITIES AND PROVIDE A PLATFORM THAT SUPPORTS THE PRACTICE OF MEDICAL AFFAIRS

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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 $6,742,344
Investment Income $0
Other Revenue $81,268
TOTAL REVENUE $6,823,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,586,085
Fundraising Expenses $0
Program Expenses $5,754,112
Other Expenses $4,624,906
TOTAL EXPENSES $7,210,991

Year-over-Year Comparison

2023 2022 Change
Revenue $6,823,612 $5,289,613 +0.3%
Expenses $7,210,991 $5,114,636 +0.4%
Net Income $-387,379 $174,977 -3.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
13
Employees
15
Volunteers
240

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
$442,626
Total Directors
14
$442,626
Key Employees
1
$166,174
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIE DU PLESSIS CHAIR 4.00
Officer Director
$0 $0 $0
JOHN PRACYK CHAIR-ELECT 4.00
Officer Director
$0 $0 $0
ANNA WALZ SECRETARY 2.00
Officer Director
$0 $0 $0
JOAO DIAS DIRECTOR 2.00
Director
$0 $0 $0
MARY ALICE DWYER DIRECTOR 3.00
Director
$0 $0 $0
VICTORIA ELEGANT DIRECTOR 2.00
Director
$0 $0 $0
ANN FORD DIRECTOR 2.00
Director
$0 $0 $0
TAMAS KONCZ DIRECTOR 2.00
Director
$0 $0 $0
CHARLOTTE KREMER DIRECTOR 4.00
Director
$0 $0 $0
KIRK SHEPARD DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM SIGMUND DIRECTOR 2.00
Director
$0 $0 $0
ROBIN WINTER-SPERRY DIRECTOR 2.00
Director
$0 $0 $0
PETER PILIERO DIRECTOR 3.00
Director
$0 $0 $0
TRAVIS HEGE CEO 40.00
Officer Director
$429,426 $13,200 $442,626
MARIA GIORDANO DIRECTOR OF STRATEGIC PARTNERSHIPS 40.00
Key Emp
$156,175 $9,999 $166,174
PEDRO CAMPA DIRECTOR OF EXTERNAL MEDICAL AFFAIRS 40.00
Highest
$134,213 $10,618 $144,831
MELODY HAYS DIRECTOR OF LEARNING AND DEVELOPMENT 40.00
Highest
$129,600 $11,965 $141,565
GARTH SUNDEM DIRECTOR OF COMMUNICATIONS AND MARKETING 40.00
Highest
$114,004 $9,082 $123,086
ELIZABETH D JONES DIRECTOR OF GLOBAL MEETINGS & EVENTS 40.00
Highest
$109,167 $7,016 $116,183
CATHY STARR EXECUTIVE ASSISTANT 40.00
Highest
$106,739 $13,119 $119,858
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 $6,823,612 $7,210,991 $1,487,093 $-387,379
2022 $5,289,613 $5,114,636 $1,616,337 $174,977
2021 $3,588,466 $2,582,463 $1,400,103 $1,006,003
2020 $2,256,940 $2,504,472 $389,928 $-247,532
2019 $1,982,954 $1,794,962 $323,483 $187,992
2018 $1,255,827 $1,199,941 $185,229 $55,886
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