TY 2014 Form 990EZ


	1	Contributions, gifts, grants, and similar amounts received...............	1
2	Program service revenue including government fees and contracts ............	2	81,801
3	Membership dues and assessments......................	3	92,297
4	Investment income...........................	4	89
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	0
c	Less: direct expenses from gaming and fundraising events.......	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances........	7a
b	Less: cost of goods sold.................	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) .....................	8	17,125
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8..............	9	191,312
	10	Grants and similar amounts paid (list in Schedule O) .................	10
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12	114,421
13	Professional fees and other payments to independent contractors............	13	2,550
14	Occupancy, rent, utilities, and maintenance...................	14	9,457
15	Printing, publications, postage, and shipping...................	15
16	Other expenses (describe in Schedule O) ....................	16	61,022
17	Total expenses. Add lines 10 through 16 .................	17	187,450
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	3,862
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	322,807
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	326,669

Contributions, gifts, grants, and similar amounts received...............

Program service revenue including government fees and contracts ............

81,801

Membership dues and assessments......................

92,297

Investment income...........................

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the

sum of such gross income and contributions exceeds $15,000)

Less: direct expenses from gaming and fundraising events.......

Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)

Gross sales of inventory, less returns and allowances........

Less: cost of goods sold.................

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

Other revenue (describe in Schedule O) .....................

17,125

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet

191,312

Grants and similar amounts paid (list in Schedule O) .................

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

114,421

Professional fees and other payments to independent contractors............

2,550

Occupancy, rent, utilities, and maintenance...................

9,457

Printing, publications, postage, and shipping...................

Other expenses (describe in Schedule O) ....................

61,022

Total expenses. Add lines 10 through 16 ................. Bullet

187,450

Excess or (deficit) for the year (Subtract line 17 from line 9)............

3,862

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

322,807

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

326,669

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? A. SEMINARS - ONE OF THE MANDATES OF THE SARASOTA COUNTY MEDICAL SOCIETY IS TO PROVIDE THE OPPORTUNITY FOR PHYSICIANS TO ACQUIRE REQUIRED CONTINUING MEDICAL EDUCATION CREDITS. THIS IS DONE THROUGH SEMINARS.B. JOURNAL - SCMS TOPICS - A MONTHLY JOURNAL IS PUBLISHED FOR ALL MEMBERS. THE JOURNAL CONTAINS EDITORIALS AND ARTICLES THAT FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.C. EMPLOYMENT REGISTRATION - ASSISTANCE IS PROVIDED IN THE PLACEMENT OF SUPPORT PERSONNEL IN PHYSICIAN MEMBER OFFICES. APPLICATIONS ARE MADE AVAILABLE TO PHYSICIANS.D. DIRECTORY - AN ANNUAL DIRECTORY IS PUBLISHED FOR ALL MEMBERS. THE DIRECTORY CONTAINS MEMBER NAME, ADDRESS, AND PHONE NUMBER. THE DIRECTORY IS USED AS AN AID TO PHYSICIAN QUALIFICATION AND IDENTIFICATION BY BOTH MEMBERS AND NON-MEMBERS.E. CREDENTIALS VERIFICATION CONSULTING - CREDENTIALS VERIFICATION IS A PART OF THE MEMBERSHIP PROCESS. ADDITIONALLY, THE MANAGED CARE INDUSTRY MANDATES CREDENTIALS VERIFICATION FOR PLAN PARTICIPATION. IN TODAY'S HEALTH CARE
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 A. SEMINARS - ONE OF THE MANDATES OF THE SARASOTA COUNTY MEDICAL SOCIETY IS TO PROVIDE THE OPPORTUNITY FOR PHYSICIANS TO ACQUIRE REQUIRED CONTINUING MEDICAL EDUCATION CREDITS. THIS IS DONE THROUGH SEMINARS.B. JOURNAL - THE QUARTERLY - A QUARTERLY JOURNAL IS PUBLISHED FOR ALL MEMBERS. THE JOURNAL CONTAINS EDITORIALS AND ARTICLES THAT FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.C. EMPLOYMENT REGISTRATION - ASSISTANCE IS PROVIDED IN THE PLACEMENT OF SUPPORT PERSONNEL IN PHYSICIAN MEMBER OFFICES.D. CE BROKER SUBSCRIPTION - A DISCOUNT IS OFFERED TO PHYSICIAN MEMBERS FOR THE MANDATED DATABASE REQUIRED TO TRACK CME CREDITS. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

C LYNETTE DRAIN
Executive Dir.

40.00

89,007

JODY ABRAMS
Secy-Treas

ALISSA MARIE SHULMAN
President

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ................. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Revenue.1	ADMINISTRATIVE ROYALTIES $12880
Other Revenue.2	MISCELLANEOUS INCOME $4245
Other Expenses.1002	Office Expenses $2586
Other Expenses.1005	Travel $4032
Other Expenses.1007	Conferences, Conventions, and Meetings $25968
Other Expenses.1008	Interest $14
Other Expenses.1009	Depreciation $6855
Other Expenses.1012	Insurance $2203
Other Expenses.1	READERSHIP COSTS $38170
Other Expenses.2	PRINTING & PUBLICATIONS $18741
Other Expenses.3	TELEPHONE $4356
Other Expenses.4	CE BROKER FEES $1800
Other Expenses.5	INSURANCE-DIRECTOR & OFFICER $1673
Other Expenses.6	BANK CHARGES & CC FEES $1499
Other Expenses.7	COMPUTER EXPENSE $1366
Other Expenses.8	TAXES - OTHER $1204
Other Expenses.9	PAYROLL SERVICE FEES $953
Other Expenses.10	POSTAGE & METER EXPENSE $495
Other Expenses.11	PERIODICAL COSTS $-50893
Other Assets.1002	Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $1202
Other Assets.1003	Machinery and Equipment - Beginning $1837 Machinery and Equipment - Ending $1113
Other Assets.1009	Notes and Loans Receivable - Beginning $1447 Notes and Loans Receivable - Ending $1371
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $2990 Prepaid Expenses and Deferred Charges - Ending $1652
Other Assets.1	Deposits - Beginning $1555 Deposits - Ending $1555
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $84 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1003	Deferred Revenue - Beginning $101130 Deferred Revenue - Ending $98273

Return Reference

Explanation

Other Revenue.1

ADMINISTRATIVE ROYALTIES $12880

Other Revenue.2

MISCELLANEOUS INCOME $4245

Other Expenses.1002

Office Expenses $2586

Other Expenses.1005

Travel $4032

Other Expenses.1007

Conferences, Conventions, and Meetings $25968

Other Expenses.1008

Interest $14

Other Expenses.1009

Depreciation $6855

Other Expenses.1012

Insurance $2203

Other Expenses.1

READERSHIP COSTS $38170

Other Expenses.2

PRINTING & PUBLICATIONS $18741

Other Expenses.3

TELEPHONE $4356

Other Expenses.4

CE BROKER FEES $1800

Other Expenses.5

INSURANCE-DIRECTOR & OFFICER $1673

Other Expenses.6

BANK CHARGES & CC FEES $1499

Other Expenses.7

COMPUTER EXPENSE $1366

Other Expenses.8

TAXES - OTHER $1204

Other Expenses.9

PAYROLL SERVICE FEES $953

Other Expenses.10

POSTAGE & METER EXPENSE $495

Other Expenses.11

PERIODICAL COSTS $-50893

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $1202

Other Assets.1003

Machinery and Equipment - Beginning $1837 Machinery and Equipment - Ending $1113

Other Assets.1009

Notes and Loans Receivable - Beginning $1447 Notes and Loans Receivable - Ending $1371

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $2990 Prepaid Expenses and Deferred Charges - Ending $1652

Other Assets.1

Deposits - Beginning $1555 Deposits - Ending $1555

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $84 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1003

Deferred Revenue - Beginning $101130 Deferred Revenue - Ending $98273

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Software ID:	14000265
Software Version:	2014v5.0

Software ID:	14000265
Software Version:	2014v5.0