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Nonprofit · EIN 39-6045649

WISCONSIN MEDICAL SOCIETY FOUNDATION INC

Tax-exempt · MADISON, WI 53701

Financials

$832K$848K2023$705K$803K2024
Revenue Expenses · by fiscal year end
Financials of WISCONSIN MEDICAL SOCIETY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$705,251$803,484-$98,233$15,123,629$126,897$14,996,732
December 31, 2023990$831,576$848,216-$16,640$13,866,683$106,902$13,759,781
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$398,596
Program service revenue
$187,019
Investment income
$159,150
Net gain from sales of assets
-$114,965
Net income from fundraising events
-$39,792
Other revenue
-$39,514

Expenses

Grants and similar amounts paid
$311,249
Compensation of officers, directors and key employees
$117,952
Other salaries and wages
$108,123
Salaries, compensation and benefits (total)
$253,007
Professional fundraising fees
$0
Accounting fees
$33,652
Occupancy
$5,086
Travel
$5,623
Program services (functional)
$570,081
Management and general (functional)
$172,549
Fundraising (functional)
$60,854

Balance sheet and other

Total assets, start of year
$13,866,683
Total assets, end of year
$15,123,629
Total liabilities, end of year
$126,897
Net assets, end of year
$14,996,732
Publicly traded securities
$11,653,930
Net assets without donor restrictions
$2,270,728
Net assets with donor restrictions
$12,726,004
Gross receipts
$2,630,635
Employees
0
Volunteers
455
Year formed
1955
State of legal domicile
WI

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 / weekCompensationOther / benefits
ELIZABETH RINGLEEXECUTIVE DIRECTOR
Officer
40$112,265$5,687
JOSE ORTIZ MDPRESIDENT
Trustee or director, Officer
1$0$0
NOEL DEEP MDVICE PRESIDENT - PHYSICIAN
Trustee or director, Officer
1$0$0
TOM O'DAY JDVICE PRESIDENT - PUBLIC
Trustee or director, Officer
1$0$0
MARK WESTOVER MBATREASURER
Trustee or director, Officer
1$0$0
RICHARD A DART MDSECRETARY
Trustee or director, Officer
1$0$0
ANDREW LABOTTDIRECTOR - STUDENT REPRESENTATIVE
Trustee or director
1$0$0
ANDREW NORTONDIRECTOR - STUDENT REPRESENTATIVE
Trustee or director
1$0$0
AYANNA VASQUEZ MDDIRECTOR - RESIDENT REPRESENTATIVE
Trustee or director
1$0$0
BUD CHUMBLEY MDDIRECTOR (TERM 12/2024)
Trustee or director
1$0$0
CAROLINE KROLICKI RNDIRECTOR
Trustee or director
1$0$0
CLARENCE CHOU MDDIRECTOR
Trustee or director
1$0$0
DAVID GALBIS-REIG MDDIRECTOR
Trustee or director
1$0$0
DAVID K FALK MDDIRECTOR
Trustee or director
1$0$0
GEORGE MORRIS MDDIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
GREIGORY DIMAILIG MDDIR. - STUDENT REP. (TERM 04/2024)
Trustee or director
1$0
HEATHER SCHMIDT DODIRECTOR
Trustee or director
1$0
JACLYN GELLINGS MDDIR. - RESIDENT REP. (TERM 06/2024)
Trustee or director
1$0
JOEL CHARLES MDDIRECTOR (TERM 11/2024)
Trustee or director
1$0
LATISHA SMITH-CHASE MDDIRECTOR
Trustee or director
1$0
MATIDA BOJANGDIRECTOR - STUDENT REP. (TERM 04/2024)
Trustee or director
1$0
CYNTHIA HART MDEX-OFFICIO MEMBER
Trustee or director
1$0
DON LEE MDEX-OFFICIO MEMBER (TERM 04/2024)
Trustee or director
1$0
MICHELLE GRAHAM MDEX-OFFICIO MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL FLESHERSECRETARY, EX OFFICIO - NON-VOTING DIRECTOR
Officer
1$0$324,896$41,602
KRISTOPHER ROUGCFO
Officer
1$0$123,978$15,591
ELIZABETH RINGLEEXECUTIVE DIRECTOR
Officer
40$107,927$0$5,427
JOSE ORTIZ MDPRESIDENT
Trustee or director, Officer
1$0$0$0
NOEL DEEP MDVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
SARAH KROLICKIVICE PRESIDENT - PUBLIC HEALTH
Trustee or director, Officer
1$0$0$0
MARK WESTOVERTREASURER
Trustee or director, Officer
1$0$0$0
ALYSSA FLEISCHMAN MDDIRECTOR (THRU 4/2023)
Trustee or director
1$0$0$0
AYANNA VASQUEZ MDDIRECTOR (AS OF 12/2023)
Trustee or director
1$0$0$0
BUD CHUMBLEY MDDIRECTOR
Trustee or director
1$0$0$0
CLARENCE CHOU MDDIRECTOR
Trustee or director
1$0$0$0
DAVID K FALK MDDIRECTOR
Trustee or director
1$0$0$0
GREIGORY DIMAILIG MDDIRECTOR (AS OF 4/2023)
Trustee or director
1$0$0$0
HEATHER SCHMIDT DODIRECTOR (AS OF 7/2023)
Trustee or director
1$0$0$0
JACLYN GELLINGS MDDIRECTOR (THRU 7/2023)
Trustee or director
1$0$0$0
JOEL CHARLES MDDIRECTOR
Trustee or director
1$0$0$0
KYLE CASS MDDIRECTOR (THRU 4/2023)
Trustee or director
1$0$0$0
LATISHA SMITH-CHASE MDDIRECTOR
Trustee or director
1$0$0$0
MATIDA BOJANGDIRECTOR (AS OF 4/2023)
Trustee or director
1$0$0$0
RICHARD A DART MDDIRECTOR
Trustee or director
1$0$0$0
TOM O'DAY JDDIRECTOR
Trustee or director
1$0$0$0
CYNTHIA HART MDEX-OFFICIO MEMBER (AS OF 4/2023)
Trustee or director
1$0$0$0
DON LEE MDEX-OFFICIO MEMBER
Trustee or director
1$0$0$0
WENDY MOLASKA MDEX-OFFICIO MEMBER (THRU 4/2023)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 1109, MADISON, WI 53701-1109
Principal officer (990 for 2024)
ELIZABETH RINGLE, PO BOX 1109, MADISON, WI 53701
Signed the 990
MARK WESTOVER, TREASURER
Phone
(608) 442-3800
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO ADVANCE THE HEALTH OF THE PEOPLE OF WISCONSIN BY SUPPORTING MEDICAL EDUCATION AND HEALTH INITIATIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • MEDICAL EDUCATION: STUDENT LOAN AND SCHOLARSHIP PROGRAMALL STUDENT LOANS ARE AWARDED TO STUDENTS ATTENDING THE MEDICAL COLLEGE OF WISCONSIN OR THE UNIVERSITY OF WISCONSIN SCHOOL OF MEDICINE AND PUBLIC HEALTH. STUDENT LOANS TOTALING $310,000 WERE AWARDED IN 2024 TO 31 STUDENTS. THESE LOANS ARE INTEREST-FREE WHILE THE STUDENT IS IN SCHOOL AND OFFER GENEROUS DEFERRAL AND REPAYMENT TERMS.WMSF ALSO GRANTS SCHOLARSHIPS TO FUTURE SUPERHERO IN MEDICINE FROM UNDERREPRESENTED MINORITIES. IN 2024, 76 TOTAL SCHOLARSHIPS WERE AWARDED TOTALING $232,000.
    Expenses $389,124 · grants $246,000 · revenue $187,019
  • MENTORINGTHE FOUNDATION OFFERS TWO MENTORING PROGRAMS. THROUGH THE WHITE COAT CAMPAIGN, THE FOUNDATION PROVIDES A WHITE COAT FOR EACH FIRST-YEAR MEDICAL STUDENT ATTENDING SCHOOL IN WISCONSIN ALONG WITH A LETTER OF WELCOME AND ENCOURAGEMENT FROM A DONOR PHYSICIAN. A TOTAL OF 444 WHITE COATS WERE AWARDED IN 4 CEREMONIES FROM EARLY JULY TO LATE AUGUST.THE FOUNDATION ALSO OFFERS OPERATION: EDUCATION, A FUN AND EDUCATIONAL PROGRAM HELD AT BOTH MEDICAL SCHOOLS. THIS BRINGS TOGETHER MEDICAL STUDENTS AND PHYSICIANS TO ENGAGE IN CONVERSATIONS ABOUT SPECIALTY AND PRIMARY CARE OPTIONS AVAILABLE TO THEM.
    Expenses $33,806
  • PUBLIC HEALTH - GRANTS PROGRAMTHE FOUNDATION'S GRANTS PROGRAM IS ADMINISTERED THROUGH ITS GRANT COMMITTEE. APPLICATIONS ARE ACCEPTED AND GRANTS ARE AWARDED FOR COMMUNITY HEALTH EDUCATION AND RESEARCH INITIATIVES. GRANT RECIPIENTS ARE REQUIRED TO REPORT THEIR RESULTS AND USE OF THE GRANT FUNDS. IN 2024, THE FOUNDATION AWARDED 16 GRANTS FOR A TOTAL OF $73,050.SUMMER FELLOWSHIP PROGRAMTHE FOUNDATION'S GRANT COMMITTEE ALSO ADMINISTERS ITS SUMMER FELLOWSHIP PROGRAM. THE PROGRAM OFFERS MEDICAL STUDENTS OPPORTUNITIES TO GAIN VALUABLE, FIRSTHAND EXPERIENCE IN COMMUNITY HEALTH EDUCATION OR RESEARCH DURING MEDICAL SCHOOL. IN 2024, 5 FELLOWSHIPS WERE AWARDED TOTALING $17,500.
    Expenses $147,151 · grants $65,249

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
39-6045649
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,123,629
Income (IRS master file)
$2,630,635

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$705,251$803,484$15,123,629IRS
990December 2023$831,576$848,216$13,866,683XML
990December 2022$489,624$778,358$12,590,792IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 39-6045649).

Questions about WISCONSIN MEDICAL SOCIETY FOUNDATION INC

What is the EIN of WISCONSIN MEDICAL SOCIETY FOUNDATION INC?
The employer identification number (EIN) of WISCONSIN MEDICAL SOCIETY FOUNDATION INC is 39-6045649.
Is WISCONSIN MEDICAL SOCIETY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
Are donations to WISCONSIN MEDICAL SOCIETY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WISCONSIN MEDICAL SOCIETY FOUNDATION 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 WISCONSIN MEDICAL SOCIETY FOUNDATION 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 WISCONSIN MEDICAL SOCIETY FOUNDATION 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 WISCONSIN MEDICAL SOCIETY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ELIZABETH RINGLE.
Who are the officers and directors of WISCONSIN MEDICAL SOCIETY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 24 people; 1 received compensation from the organization, the highest $112,265 (ELIZABETH RINGLE, EXECUTIVE DIRECTOR).
How much revenue does WISCONSIN MEDICAL SOCIETY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $705,251, expenses of $803,484 and total assets of $15,123,629 at year end.

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