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Nonprofit · EIN 04-3169847

SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY

Tax-exempt · WORCESTER, MA 01608

Financials

$73K$52K2023$460K$48K2024
Revenue Expenses · by fiscal year end
Financials of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$460,316$47,841$412,475$1,058,328$0$1,058,328
December 31, 2023990$73,119$51,897$21,222$888,502$0$888,502
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,262
Program service revenue
$0
Investment income
$429,054
Net gain from sales of assets
$395,380
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,783
Program services (functional)
$43,058
Management and general (functional)
$4,783

Balance sheet and other

Total assets, start of year
$888,502
Total assets, end of year
$1,058,328
Total liabilities, end of year
$0
Net assets, end of year
$1,058,328
Publicly traded securities
$993,896
Net assets without donor restrictions
$1,058,328
Gross receipts
$1,002,383
Employees
0
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE HADLEY DOVice President
Trustee or director
0$0
ALWYN RAPOSE MDPresident
Trustee or director
0$0
MICHELE PUGNAIRE MDChairman
Trustee or director
0$0
KENNETH KRONLUND MDTrustee
Trustee or director
0$0
MARTHA G WRIGHT MBAEXEC. DIR. WDMS
Trustee or director
0$0
JUSTIN MAYKEL MDSecretary
Trustee or director
0$0
ADIB KARAM MDTreasurer
Trustee or director
0$0
SAHDEV PASSEY MDTrustee
Trustee or director
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHELLE HADLEY DOSecretary
Trustee or director
0$0
ALWYN RAPOSE MDVice President
Trustee or director
0$0
MICHELE PUGNAIRE MDChairman
Trustee or director
0$0
KENNETH KRONLUND MDTrustee
Trustee or director
0$0
MARTHA G WRIGHT MBAEXEC. DIR. WDMS
Trustee or director
0$0
GILES WHALEN MDPresident
Trustee or director
0$0
B DALE MAGEE MDTreasurer
Trustee or director
0$0
SAHDEV PASSEY MDTrustee
Trustee or director
0$0

Address and contacts

Address (IRS master file)
321 MAIN STREET, WORCESTER, MA 01608-1532
Principal officer (990 for 2024)
ALWYN RAPOSE MD, 321 MAIN STREET, WORCESTER, MA 01608
Signed the 990
ALWYN RAPOSE MD, President
Phone
(508) 753-1579
Return prepared by
ROBERT E MARHEFKA CERTIFIED PUBLIC ACCOUNTANT

Mission

SCHOLARSHIPS FOR MEDICAL STUDENTS

990 for the year ended December 31, 2024

Program accomplishments

  • SCHOLARSHIPS PROVIDED TO MEDICAL STUDENTS
    Expenses $43,058

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3169847
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$1,058,328
Income (IRS master file)
$1,002,383

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$460,316$47,841$1,058,328XML
990December 2023$73,119$51,897$888,502XML
990December 2022$49,035$45,234$714,808IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3169847).

Questions about SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY

What is the EIN of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY?
The employer identification number (EIN) of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY is 04-3169847.
Is SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY?
The 990 for the year ended December 31, 2024 names ALWYN RAPOSE MD.
Who are the officers and directors of SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does SCHOLARSHIP FUND OF WORCESTER DISTRICT MEDICAL SOCIETY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $460,316, expenses of $47,841 and total assets of $1,058,328 at year end.

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