2023-11-15T07:55:12-06:00 2022-12-31 540504608 BROWN EDWARDS & COMPANY LLP 4951 LAKE BROOK DRIVE SUITE 375 GLEN ALLEN VA 23060 990 2022-01-01 521394768 THE MEDICAL SOCIETY OF VIRGINIA FOUNDATION MEDI 8043532721 2924 EMERYWOOD PARKWAY SUITE 300 RICHMOND VA 23294 MELVIN HODGES CHIEF FINANCIAL OFFICER-MSV 8043532721 2023-11-14 1 MELVIN HODGES XXX-XX-XXXX 0 MELISSA A SIKES P01261580 8042826000 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MELVIN HODGES 2924 EMERYWOOD PARKWAY SUITE 300 RICHMOND VA 23294 7830436 0 X WWW.MSV.ORG/CONNECTIONS/FOUNDATION X 1986 VA TO BETTER EQUIP THE PHYSICIAN COMMUNITY TO IMPROVE THE HEALTH OF VIRGINIANS 19 17 8 0 0 0 5737617 7387173 0 0 110167 -19397 20537 16396 5868321 7384172 700 3599 0 0 1443811 1765540 0 0 107184 2550042 5087057 3994553 6856196 1873768 527976 6201816 6973763 2171657 2479125 4030159 4494638 TO BETTER EQUIP THE PHYSICIAN COMMUNITY TO IMPROVE THE HEALTH OF VIRGINIANS 0 0 5437774 3599 MEDICAL LEADERSHIP: TO PROVIDE A TRUSTED SOURCE OF LEADERSHIP DEVELOPMENT FOR VIRGINIA'S PHYSICIANS, WITH A GOAL OF EFFECTIVELY ADVANCING HEALTH AND HEALTH CARE IN VIRGINIA. 5437774 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 8 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE FOUNDATION 8007466768 2924 EMERYWOOD PARKWAY SUITE 300 RICHMOND VA 23294 PATRICIA PLETKE MD PRESIDENT 2.00 X X 0 0 0 JOSE MOREY MD VICE PRESIDENT 2.00 X X 0 0 0 MARK D TOWNSEND MD TREASURER 2.00 X X 0 0 0 RAYMOND L MCCUE MD SECRETARY 2.00 X X 0 0 0 DAVID K CHOW MD DIRECTOR 2.00 X 0 0 0 ALVIN E HARRIS MD DIRECTOR 2.00 X 0 0 0 ANTHONY A MILLER PA-C DIRECTOR 2.00 X 0 0 0 ANHTAI H NGUYEN MD DIRECTOR 2.00 X 0 0 0 ANN B VAUGHTERS MD DIRECTOR 2.00 X 0 0 0 VARUN CHOUDHARY MD DIRECTOR 2.00 X 0 0 0 KIMBERLY PISTELL DO RESIDENT DIRECTOR 2.00 X 0 0 0 SHIVINIA REDDY STUDENT DIRECTOR 2.00 X 0 0 0 HARRY GEWANTER MD MSV PRESIDENT (EX-OFFICIO 2.00 X 0 15000 0 MELINA DAVIS-MARTIN MSV EVP (EX-OFFICIO VOTING 6.00 34.00 X 0 357315 105547 LARRY G MITCHELL MD MSV SECRETARY-TREASURER 2.00 X 0 0 0 KATHY SCARBALIS PA-C DIRECTOR 2.00 X 0 0 0 MARY SCHMIDT MD DIRECTOR 2.00 X 0 0 0 ALICE COOMBS MD MSV PRESIDENT ELECT (EX-OF 2.00 X 0 0 0 STEPHEN BRAWLEY MD DIRECTOR 2.00 X 0 0 0 MELVIN HODGES MSV CFO 10.00 30.00 X 0 110648 43525 0 482963 149072 0 0 1 0 0 137570 275570 6713773 260260 7387173 13208 13208 326034 358639 -32605 -32605 -32605 87625 137570 87625 0 IRC SEC. 170 PROGRAM R 900099 16396 16396 16396 7384172 0 0 -3001 X 3599 3599 1698660 1581562 28906 88192 5510 2139 3371 49133 40720 8413 12237 5547 6690 11630 11630 14725 14725 5058 5058 2945738 2943678 2060 14100 13311 789 59184 56684 2500 723281 721853 1428 16213 15518 695 21324 19548 1776 OTHER 1146620 13940 1132680 IRC SEC. 170 PROGRAM EX 53246 53246 PROFESSIONAL DEVELOPMEN 22513 20161 2352 PROFESSIONAL FEES AND S 17682 14297 3385 35743 21993 13232 518 6856196 5437774 1311238 107184 1239273 1620977 478081 651528 2140175 3021054 863 863 37294 37294 0 0 589403 498924 1754021 1180417 6201816 6973763 952953 1206876 300 1218704 1271949 2171657 2479125 X 3955159 4294638 75000 200000 4030159 4494638 6201816 6973763 527976 -63497 0 X 0 1 X 1 0 X 653079 629764 1716931 5737617 7387173 16124564 653079 629764 1716931 5737617 7387173 16124564 16124564 23036 19967 12184 15520 13208 83915 16208479 0.99480 0.98990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25000 255 255 25000 25000 161 161 25000 25000 205 205 25000 25000 149 149 25000 60000 2750 178 2750 35178 25000 0 0 5512 5512 0 31782 31782 0 0 CASH SURRENDER VALUE-ANNUITIES & LIFE INSURANCE 1180417 F 1180417 IRC SEC. 170 ANNUITY PROGRAM LIABILITY 1271949 1271949 X 7430836 -63497 27594 87625 51722 7379114 5058 5058 7384172 6966357 27594 87625 115219 6851138 5058 5058 6856196 PART V, LINE 4: EARNINGS FROM THE FUNDS ARE TO BE USED FOR THE SALUTE TO SERVICE AWARDS. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN ADMINISTRATIVE AND GENERAL EXPENSES. THE FOUNDATION DID NOT HAVE PENALTIES AND INTEREST RELATING TO INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: GALA EXPENSES (DIRECT EXPENSES FOR FUNDRAISING EVENT) 87,625. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 5,058. PART XII, LINE 2D - OTHER ADJUSTMENTS: GALA EXPENSES (DIRECT EXPENSES FOR FUNDRAISING EVENT) 87,625. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 5,058. GALA 225195 137570 87625 87625 225195 137570 87625 87625 87625 0 0 0 0 0 0 0 0 0 0 MELINA DAVIS-MARTIN MSV EVP (EX-OFFICIO VOTING 0 299552 0 57763 0 0 0 93538 0 12009 0 462862 0 0 MELVIN HODGES MSV CFO 0 104564 0 6084 0 0 0 11632 0 31893 0 154173 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 IS SENT TO BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED AT BOARD MEETING EACH JANUARY AND MEMBERS ARE REQUIRED TO SIGN. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT AND FINANCE OFFICIALS OF THE MSV FOUNDATION ARE EMPLOYEES OF THE MEDICAL SOCIETY OF VIRGINIA, AN AFFILIATED ORGANIZATION, AND AS A RESULT THEIR COMPENSATION IS DETERMINED BY THAT ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. HOWEVER, THE FINANCIAL STATEMENTS ARE ALSO INCLUDED AS PART OF THE ANNUAL REPORT ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 2,943,678. MANAGEMENT AND GENERAL EXPENSES 2,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,945,738. THE MEDICAL SOCIETY OF VIRGINIA 2924 EMERYWOOD PARKWAY SUITE 300 RICHMOND VA 23294 540299956 ADVANCE QUALITY HEALTHCARE THROUGHOUT VIRGINIA VA 501(C)(6) 0 MSV SERVICES CORPORATION 2924 EMERYWOOD PARKWAY SUITE 200 RICHMOND VA 23294 541370171 PROVIDES INSURANCE PRODUCTS & OTHER SERVICES TO MEMBERS VA THE MEDICAL SOCIETY OF VIRGINIA C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 THE MEDICAL SOCIETY OF VIRGINIA O 2254533 ALLOCATED BASED ON TIME SPENT