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Nonprofit · EIN 20-5007618

MEDICAL LEARNING INSTITUTE INC

Tax-exempt · TARPON SPGS, FL 34689

Financials

$6M$8.9M2023$8.4M$7.4M2024
Revenue Expenses · by fiscal year end
Financials of MEDICAL LEARNING INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,370,360$7,442,920$927,440$1,643,534$215,516$1,428,018
December 31, 2023990 (amended)$6,030,181$8,865,262-$2,835,081$771,047$414,970$356,077
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,330,816
Investment income
$39,544
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$200,000
Other salaries and wages
$1,954,545
Salaries, compensation and benefits (total)
$2,509,680
Professional fundraising fees
$0
Accounting fees
$4,850
Travel
$205,681
Depreciation
$7,472
Program services (functional)
$4,625,107
Management and general (functional)
$2,817,813

Balance sheet and other

Total assets, start of year
$771,047
Total assets, end of year
$1,643,534
Total liabilities, end of year
$215,516
Net assets, end of year
$1,428,018
Land, buildings and equipment
$11,548
Net assets without donor restrictions
$1,428,018
Gross receipts
$8,370,360
Employees
28
Year formed
2006
State of legal domicile
NJ

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
KRISTIN M GUSACKEXECUTIVE DI
Trustee or director, Officer
40$200,000
CHRISTOPHER J GUSACKCFO
Officer
40$200,000
MEREDITH ANKETRUSTEE
Trustee or director
–$0
MEREDITH ROGERSTRUSTEE
Trustee or director
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KRISTIN M GUSACKEXECUTIVE DI
Trustee or director, Officer
40$391,043
CHRISTOPHER J GUSACKCFO
Officer
40$376,461
MEREDITH ANKETRUSTEE
Trustee or director
1$0
MEREDITH ROGERSTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
40946 US HIGHWAY 19 N PMB 602, TARPON SPGS, FL 34689-5446
In care of
% CHRISTOPHER GUSACK
Principal officer (990 for 2024)
KRISTIN M GUSACK, 1009 TEAL POINTE, TARPON SPRINGS, FL 34689
Signed the 990
CHRISTOPHER J GUSACK, CFO
Phone
(609) 333-1693
Return prepared by
MASTRO ASSOCIATES LLC

Mission

THE ORGANIZATION WAS ORGANIZED TO PROVIDE CONTINUING MEDICAL EDUCATION TO MEDICAL PROFESSIONALS. THIS IS ACCOMPLISHED BY PROVIDING AUDIO CONFERENCES FREE OF CHARGE TO PARTICIPANTS, MONOGRAPHS PROVIDED FREE OF CHARGE TO PARTICIAPNTS, AND NATIONAL AS WELL AS SMALL GROUP MEETINGS WITH SPEAKERS PROVIDED FREE OF CHARGE TO PARTICIPANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES CONTNUING MEDICAL EDUCATION TO MEDICAL PROFESSIONALS IN THE FORM OF SEMINARS WITH GUEST SPEAKERS.
    Expenses $4,431,610
  • TO SET UP AND PROVIDE CONTINUING EDUCATION CONFERENCES FOR MEDICAL PROFESSIONALS. EACH CONFERENCE WILL FEATURE A DIFFERENT SUBJECT PRESENTED BY A GUEST SPEAKER. A QUESTION AND ANSWER PERIOD WILL FOLLOW EACH PRESENTATION.
    Expenses $193,497

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
20-5007618
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
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$1,643,534
Income (IRS master file)
$8,370,360

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,370,360$7,442,920$1,643,534XML
990December 2023$6,030,181$8,865,262$771,047XML
990December 2022$21,556,516$25,233,859$4,526,793IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 20-5007618).

Questions about MEDICAL LEARNING INSTITUTE INC

What is the EIN of MEDICAL LEARNING INSTITUTE INC?
The employer identification number (EIN) of MEDICAL LEARNING INSTITUTE INC is 20-5007618.
Is MEDICAL LEARNING INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to MEDICAL LEARNING INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEDICAL LEARNING INSTITUTE INC 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 MEDICAL LEARNING INSTITUTE INC 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 MEDICAL LEARNING INSTITUTE INC 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 MEDICAL LEARNING INSTITUTE INC?
The 990 for the year ended December 31, 2024 names KRISTIN M GUSACK.
Who are the officers and directors of MEDICAL LEARNING INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $200,000 (KRISTIN M GUSACK, EXECUTIVE DI).
How much revenue does MEDICAL LEARNING INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,370,360, expenses of $7,442,920 and total assets of $1,643,534 at year end.

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