MEDICAL SOCIETY OF THE STATE OF NEW YORK Charity Report

Public IRS 990 nonprofit record

MEDICAL SOCIETY OF THE STATE OF NEW YORK

EIN 13-1030760 · Professional Athletic Leagues (N80)

What they do

to CONTRIBUTE to THE PROFESSIONAL DEVELOPMENT of MEMBER PHYSICIANS, to SERVE AS A RESOURCE for ITS MEMBERS and ASSIST THEM IN ADDRESSING THE MANY ISSUES and NEEDS WHICH THEY FACE IN PROVIDING HEALTH CARE to THE RESIDENTS of NEW YORK STATE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.29%of revenue went to mission work71.6% of expenses · Program services

$105.19spent for every $100 of revenueSpending was higher than revenue this year.

29.90%of revenue went to management and office costs28.4% of expenses

$3.08in assets for every $1 spent this yearSome assets cannot be spent right away.

54.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $337,760 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $274,085 for TROY OECHSNER (EXECUTIVE VP). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,505,408

Mission workProgram services$4,897,85475.29% of revenue71.6% of expenses

ManagementOffice and general costs$1,945,31429.90% of revenue28.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$6,843,168105.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.6% mission · 28.4% management · 0.0% fundraisingTotal expenses: 105.19% of revenue

2023Expense mix: 70.1% mission · 29.9% management · 0.0% fundraisingTotal expenses: 99.90% of revenue

2022Expense mix: 70.6% mission · 29.4% management · 0.0% fundraisingTotal expenses: 100.06% of revenue

2021Expense mix: 68.3% mission · 31.7% management · 0.0% fundraisingTotal expenses: 95.39% of revenue

2020Expense mix: 69.6% mission · 30.4% management · 0.0% fundraisingTotal expenses: 100.23% of revenue

2019Expense mix: 63.2% mission · 36.8% management · 0.0% fundraisingTotal expenses: 69.48% of revenue

2018Expense mix: 75.6% mission · 24.4% management · 0.0% fundraisingTotal expenses: 99.92% of revenue

2017Expense mix: 73.9% mission · 26.1% management · 0.0% fundraisingTotal expenses: 93.57% of revenue

Money in and money out

Revenue$6,505,408

Expenses$6,843,168

Annual shortfall $337,760 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,897,854 · 71.6% of expenses

Management and office costs$1,945,314 · 28.4% of expenses

See all reported dollar amounts

Revenue$6,505,408

Expenses$6,843,168

Assets$21,098,069

Income$21,014,747

Contributions$3,522,522

Mission work (program services)$4,897,854

Management and general$1,945,314

Stocks and bonds$17,851,360

Accounting fees$101,338

Investing fees$58,624

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TROY OECHSNEREXECUTIVE VP · 35 hrs/week $274,085Base $266,495 · Other $7,590

JEFFREY SELZERMEDICAL DIRE · 35 hrs/week $239,085Base $214,343 · Other $24,742

THOMAS LEE MDEXECUTIVE VI · 35 hrs/week $193,519Base $170,014 · Other $23,505

MORRIS AUSTERASSOCIATE CO · 35 hrs/week $192,266Base $176,316 · Other $15,950

JOHN VECCHIOCONTROLLER · 35 hrs/week $158,599Base $138,957 · Other $19,642

PATRICIA CLANCYVP OF PUBLIC · 35 hrs/week $157,289Base $139,021 · Other $18,268

TERRANCE BEDIENTVICE PRESIDE · 35 hrs/week $155,285Base $123,367 · Other $31,918

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

TROY OECHSNEREXECUTIVE VP

JEFFREY SELZERMEDICAL DIRE

THOMAS LEE MDEXECUTIVE VI

MORRIS AUSTERASSOCIATE CO

JOHN VECCHIOCONTROLLER

PATRICIA CLANCYVP OF PUBLIC

TERRANCE BEDIENTVICE PRESIDE

MARK J ADAMS MDTREASURER

WILLIAM R LATREIILE JR MDSPEAKER

THOMAS J MADEJSKI MDTRUSTEE

SANA BLOCH MDTRUSTEE

ROBERT FRANKEL MDCHAIR

PAUL PIPIA MDPRESIDENT

PARAG H MEHTA MDPAST PRESIDE

NAMEER HAIDER MDTRUSTEE

LUIS CARLOS ZAPATA MDVICE SPEAKER

JEROME C COHEN MDPRESEDENT EL

HOWARD H HUANG MDSECRETARY

FRANK G DOWLING MDASSISTANT TR

DAVID JAKUBOWICZ MDVICE PRESIDE

CHARLES ROTHBERG MDTRUSTEE

BONNIE L LITVACK MDTRUSTEE/DIRE

BERNADETTE RILEY DOASSISTANT SE

ARTHUR C FOUGNER MDTRUSTEE

About this charity

Recognized since: January 1942
Location: 865 MERRICK AVE, WESTBURY, NY 11590-6694
County: Nassau
In care of: % KATHLEEN DYMAN
Primary officer: THOMAS LEE MD, EXECUTIVE VICE PRES

How to reach them

WebsiteVisit the charity’s website Phone(516) 488-6100

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: REID TAX & ADVISORY SERVICES LLC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues