2021-08-04T10:56:02-05:00 2020-09-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2019-10-01 233057353 SOCIETY OF HOSPITAL MEDICINE SOCI 2153517754 1500 SPRING GARDEN ST NO 501 PHILADELPHIA PA 19130 TARA WATSON DIRECTOR OF FINANCE 2153517754 2021-05-20 1 HELEN M MARTIN P01330899 2158818800 2019 2022-09-23 18:48:47Z ERIC HOWELL 1500 SPRING GARDEN ST NO 501 PHILADELPHIA PA 19130 17448959 0 X WWW.HOSPITALMEDICINE.ORG X 2000 PA THE SOCIETY OF HOSPITAL MEDICINE IS DEDICATED TO PROMOTING THE HIGHEST QUALITY CARE FOR ALL HOSPITALIZED PATIENTS. SHM IS COMMITTED TO PROMOTING EXCELLENCE IN THE PRACTICE OF HOSPITAL MEDICINE THROUGH EDUCATION, ADVOCACY AND RESEARCH. 12 12 68 0 0 0 290961 400901 12528720 7623436 1140721 -58196 674848 595922 14635250 8562063 0 0 0 0 6321835 6627151 0 0 0 7129399 4121133 13451234 10748284 1184016 -2186221 17060925 15983140 5610158 6591231 11450767 9391909 X THE SOCIETY OF HOSPITAL MEDICINE IS DEDICATED TO PROMOTING THE HIGHEST QUALITY CARE FOR ALL HOSPITALIZED PATIENTS. SHM IS COMMITTED TO PROMOTING EXCELLENCE IN THE PRACTICE OF HOSPITAL MEDICINE THROUGH EDUCATION, ADVOCACY AND RESEARCH. 0 0 2839918 2335813 EDUCATIONANNUAL MEETING IS TO BE PART OF THE HOSPITAL MEDICINE MOVEMENT WHICH WE MADE A VIRTUAL EVENT THIS YEAR DUE TO THE PANDEMIC. WE HAD OVER 1,000 ATTENDEES PARTICIPATE IN THE VIRTUAL EVENT WITH A POSTER SESSION. THERE WERE 38 SESSION AVAILABLE EITHER LIVE OR ONDEMAND. OTHER EDUCATION INITIATIVESLEADERSHIP ACADEMY - SHM CONDUCTS A 4 PART EDUCATIONAL TRAINING COURSE THAT PREPARES PHYSICIANS FOR MANAGERIAL AND C-SUITE POSITIONS. THESE COURSES FOCUS ON PERSONAL, ORGANIZATIONAL AND TEAM SKILL DEVELOPMENT FOR THOSE LOOKING TO TRANSITION BEYOND THE CLINICAL ROLE. TO DATE, SHM HAS HAD OVER 1,700 GRADUATES OF THE LEADERSHIP ACADEMY.PHM EVERY THIRD YEAR SHM SPONSORS THE PEDIATRIC HOSPITAL MEDICINE ANNUAL CONFERENCE. THIS IS CO-SPONSORED WITH THE APA AND THE AAP. DUE TO THE PANDEMIC THIS MEETING WAS TAKEN VIRTUAL. THE EDUCATIONAL OUTCOME OR GOAL OF THIS CONFERENCE WAS TO DIRECTLY ADDRESS THE NEEDS OF THE PEDIATRIC HOSPITAL MEDICINE CLINICIANS THAT THEY WERE CURRENTLY FACING IN RELATION TO UPDATING BEST PRACTICES, COVID-19 AND RACIAL DISPARITIES. ONLINE LEARNING SHM DEVELOPS, HOSTS, AND UPKEEPS A CATALOGUE OF CONTINUING MEDICAL EDUCATION. MODULES PROVIDE HOSPITALISTS THE OPPORTUNITY TO SELF-ASSESS AND IMPROVE THEIR, KNOWLEDGE, SKILL, AND COMPETENCY IN A WIDE RANGE OF CLINICAL AND HEALTH SYSTEMS TOPICS SPECIFIC TO THEIR UNIQUE EDUCATIONAL NEEDS. IN 2020, OVER 13,000 UNIQUE USERS REGISTERED MORE THAN 28,000 ONLINE COURSE ENROLLMENTS THROUGH SHM ONLINE LEARNING. A HIGH PORTION OF THESE ENROLLMENTS WERE FOR COURSES RELATING TO CRITICAL AND NON-CRITICAL CARE OF COVID-19 PATIENTS. 823473 684179 SITE-BASED DEMONSTRATION PROJECTSTHE CENTER FOR QUALITY IMPROVEMENT WAS CREATED TO PROMOTE INNOVATIVE AND EFFECTIVE METHODS FOR IMPROVING PATIENT CARE AND SUSTAINABLE OUTCOMES THROUGH QUALITY IMPROVEMENT AND PATIENT SAFETY INITIATIVES. THE CENTER DEVELOPS PROGRAMS AND RESOURCES TO SUPPORT HOSPITALISTS AND OTHER HOSPITAL CLINICIANS IN IMPROVING CARE AND PATIENT SAFETY OUTCOMES FOR PATIENTS. IN 2011, SHM BECAME THE FIRST NATIONAL MEDICAL SOCIETY TO BE RECOGNIZED WITH THE EISENBERG AWARD. THE AWARD WAS GRANTED IN RECOGNITION OF SHM'S MENTORED IMPLEMENTATION (MI) MODEL WHICH HAS BEEN UTILIZED IN MORE THAN 500 HOSPITALS ACROSS THE COUNTRY. SHM PARTNERS WITH MULTIPLE, DIVERSE PARTNERS AND FUNDERS TO PROVIDE A UNIQUE PORTFOLIO OF QUALITY IMPROVEMENT RESOURCES. THE CENTER PROVIDES IMPLEMENTATION SUPPORT FOR HOSPITALS THROUGH PHYSICIAN MENTORING AND TAILORED IMPROVEMENT INITIATIVES TO IMPROVE CLINICAL OUTCOMES. SHM ACCOMPLISHES THIS THROUGH VARIOUS OFFERINGS AND MECHANISMS. OUR MI PROGRAM PROVIDES MENTORED SUPPORT FOR HOSPITAL TEAMS IMPLEMENTING A SPECIFIC QUALITY INTERVENTION AT THEIR HOSPITAL DURING AN 18-MONTH PROGRAM. THE MODEL CREATES A MECHANISM TO DISSEMINATE BEST PRACTICES AND SHARE EFFECTIVE, FIELD-TESTED IMPLEMENTATION STRATEGIES. ADDITIONALLY, THE QUALITY IMPROVEMENT FRAMEWORK FACILITATES EFFECTIVE MEASUREMENT OF BASELINE STATUS AND PROGRESS TO DATE, THEREBY IMPROVING CARE MEANINGFULLY WHILE FOSTERING QI/LEADERSHIP SKILLS IN HOSPITALISTS AND THEIR PARTICIPATING TEAMS. THE MI MODEL ASSISTS CLINICIANS IN SUCCESSFULLY OPERATIONALIZING EVIDENCE-BASED PRACTICE AT HOSPITALS.AN EXAMPLE OF SOME OF THE CURRENT PROJECTS AND PROGRAMS WITHIN SHM'S CENTER FOR QUALITY IMPROVEMENT PORTFOLIO INCLUDE: - MEDICATION RECONCILIATION- GLYCEMIC CONTROL FOR INPATIENTS- IMPROVING FAMILY-CENTERED CARE (FAMILY CENTERED I-PASS)- IMPROVING TRANSITIONS OF CARE FOR PATIENTS WITH DEEP VEIN THROMBOSIS/PULMONARY EMBOLISM- IMPROVING OUTCOMES FOR PATIENTS HOSPITALIZED WITH COPD 2121645 4603444 MEMBERSHIPTHE SOCIETY OF HOSPITAL MEDICINE (SHM) IS DEDICATED TO SUPPORTING THE NEEDS OF HOSPITAL MEDICINE PROFESSIONALS AND PROMOTING EXCEPTIONAL CARE FOR HOSPITALIZED PATIENTS. SHM SERVES ITS MEMBERS BY DELIVERING HIGH QUALITY RESOURCES, LIVE AND ONLINE EDUCATION AND ACCESS TO A MULTI-DISCIPLINARY NETWORK OF ENGAGED HOSPITAL MEDICINE PROFESSIONALS.MEMBERS RECEIVE A RANGE OF EXCLUSIVE BENEFITS INCLUDING, BUT NOT LIMITED TO: SUBSCRIPTIONS TO THE HOSPITALIST (PUBLISHED MONTHLY), THE JOURNAL OF HOSPITAL MEDICINE (PUBLISHED MONTHLY), THE HOSPITAL LEADER BLOG; MEMBERSHIP TO A LOCAL CHAPTER; ACCESS TO SPECIAL INTEREST GROUPS; AND A PORTFOLIO OF DIGITAL RESOURCES INCLUDING THE LEARNING PORTAL AND CLINICAL CONTENT ON QUALITY IMPROVEMENT. 5785036 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 108 0 1 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X TARA WATSON DIRECTOR OF FINANCE 2677022605 1500 SPRING GARDEN ST STE 501 PHILADELPHIA PA 19130 LAURENCE D WELLIKSON MD CHIEF EXECUTIVE OFFICER(THRU 7/1/20) 40.00 X 848609 0 12436 JOSH BOSWELL CHIEF LEGAL OFFICER 40.00 X 149596 0 21346 LISA ZOKS VP-MARKETING AND COMMUNICATIONS 40.00 X 152725 0 24507 TOMMY GEORGE CHIEF OF OPERATIONS 40.00 X 145708 0 10456 JENNA GOLDSTEIN CHIEF OF STRATEGIC PARTNERSHIPS 40.00 X 135778 0 15505 NICK MARZANO CHIEF OF STRATEGY 40.00 X 127413 0 9717 TARA WATSON DIRECTOR OF FINANCE 40.00 X 115846 0 15130 ERIC E HOWELL CHIEF EXECUTIVE OFFICER(EFF 7/1/20) 40.00 X 77000 0 0 DANIELLE SCHEURER PRESIDENT 2.00 X X 9500 0 0 CHRISTOPHER FROST IMMEDIATE PAST PRESIDENT 2.00 X X 7500 0 0 JEROME C SIY PRESIDENT ELECT 1.00 X X 0 0 0 KRIS REHM SECRETARY 1.00 X X 0 0 0 RACHEL THOMPSON TREASURER 2.00 X X 0 0 0 TRACY CARDIN BOARD MEMBER 2.00 X 0 0 0 STEVEN DEITELZWEIG BOARD MEMBER 1.00 X 0 0 0 BRYCE GARTLAND BOARD MEMBER 1.00 X 0 0 0 FLORA KISUULE BOARD MEMBER 1.00 X 0 0 0 MARK W SHEN BOARD MEMBER 1.00 X 0 0 0 DARLENE TAD-Y BOARD MEMBER (EFF 4/15/20) 1.00 X 0 0 0 CHAD T WHELAN BOARD MEMBER 1.00 X 0 0 0 NASIM AFSAR THRU 41520 IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 1769675 0 109097 11 0 1 0 ROYAL PRODUCTIONS PO BOX 62600 DEPT 1214 NEW ORLEANS LA 701622600 ANNUAL CONFERENCE AV SUPPORT 307705 PERSONIFY INC PO BOX 759470 BALTIMORE MD 21275 SOFTWARE SUPPORT 262506 SPENCER STUART PO BOX 98991 CHICAGO IL 60693 EXECUTIVE SEARCH 236111 CHAMBER HILL STRATEGIES 1101 K STREET SUITE 30 WASHINGTON DC 20005 ADVOCACY LEGAL FEES 124995 4 400901 400901 MEMBERSHIP FEES 541900 4603444 4603444 REGISTRATION FEES 541900 1618580 1618580 QUALITY IMPROVEMENT REVENUE 541900 684179 684179 OTHER PROGRAM INCOME 541900 671010 671010 JOB FAIRS AND EXHIBITS 541900 46223 46223 7623436 303570 303570 595922 595922 8525130 8886896 -361766 -361766 -361766 8562063 7623436 0 537726 1235116 211785 1023331 4243696 2880365 1363331 99292 68897 30395 674345 422296 252049 374702 230513 144189 11835 11835 28866 28866 130000 130000 1032832 647043 385789 106677 89153 17524 96141 41911 54230 539263 151466 387797 489476 489476 261871 149302 112569 909818 883224 26594 122419 122419 22790 22790 MERCHANT CREDIT CARD FE 199968 199968 TELECOMMUNICATIONS 86969 519 86450 TRAINING/DEVELOPMENT 55125 7053 48072 PROFESSIONAL DUES/SUBSC 14246 1509 12737 12837 12837 10748284 5785036 4963248 0 663337 291452 4097137 4709968 303966 514561 403254 502046 2941717 2719001 208147 222716 10329003 6995959 997341 2687698 58740 58740 17060925 15983140 1186118 1068309 4260157 4425071 928200 163883 169651 5610158 6591231 X 11450767 9391909 11450767 9391909 17060925 15983140 -2186221 222790 -95427 0 X X 0 1 X 1 0 X 511177 605058 243229 290961 400901 2051326 11120717 12524230 11014341 12528720 7623436 54811444 11631894 13129288 11257570 12819681 8024337 56862770 0 0 0 56862770 1302473 1333786 1126971 1098025 899492 5760747 1302473 1333786 1126971 1098025 899492 5760747 12934367 14463074 12384541 13917706 8923829 62623517 0.90800 0.91210 0.09200 0.08790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65000 65000 130000 10618248 10748248 687412 171853 0 0 822562 687412 1509974 2264961 110000 130000 240000 205641 171853 377494 566241 55000 65000 120000 1280940 1280940 0 1203068 1052956 150112 457709 385105 72604 222716 FEDERATED GOVERNMENT OBL-SEL FD #07 2687698 F 2687698 DEFERRED RENT 169651 169651 X 8620259 0 8620259 -58196 -58196 8562063 10748284 0 10748284 0 10748284 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED SHM AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2020 AND 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED SEPTEMBER 30, 2020 OR 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: REALIZED LOSS -361,766. DIVIDEND AND INTEREST INCOME 303,570. X 1 0 X X 0 0 0 0 0 0 0 0 0 LAURENCE D WELLIKSON MD CHIEF EXECUTIVE OFFICER(THRU 7/1/20) 701392 0 147217 0 0 0 11711 0 725 0 861045 0 0 0 JOSH BOSWELL CHIEF LEGAL OFFICER 139596 0 10000 0 0 0 3651 0 17695 0 170942 0 0 0 LISA ZOKS VP-MARKETING AND COMMUNICATIONS 147725 0 5000 0 0 0 3555 0 20952 0 177232 0 0 0 TOMMY GEORGE CHIEF OF OPERATIONS 140708 0 5000 0 0 0 3027 0 7429 0 156164 0 0 0 JENNA GOLDSTEIN CHIEF OF STRATEGIC PARTNERSHIPS 127778 0 8000 0 0 0 3307 0 12198 0 151283 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS COMPLETED BY THE TAX PREPARES, IT IS SHARED, REVIEWED AND DISCUSSED BY THE DIRECTOR OF FINANCE AND THE CEO. ONCE THE VERSION TO BE FILED IS FINALIZED, THE 990 IS SENT TO EACH OF THE 12 BOARD MEMBERS FOR REVIEW. THE BOARD IS THEN SOLICITED FOR INPUT AND QUESTIONS PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL LEADERSHIP (BOARD OF DIRECTORS, COMMITTEE VOLUNTEERS, EDITORS, ETC.) IS PROVIDED WITH AN ANNUAL COI STMT. AND DISCLOSURE. THE CEO THEN REVIEWS ALL STATEMENTS FOR ANYTHING OF CONCERN AND ELEVATES TO THE BOARD LEVEL IF WARRANTED. PER SHM'S COI POLICY, THERE IS ALSO AN ONGOING DUTY TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO COMPENSATION WAS DETERMINED FIRST BY THE EXECUTIVE COMMITTEE OF THE BOARD, INCLUDING REVIEWS OF THE CEO COMPENSATION ARRANGEMENTS OF SERVAL OTHER SIMILAR PROFESSIONAL MEDICAL ORGANIZATIONS. THIS INFORMATION IS THEN EXAMINED BY SHM'S LEGAL COUNSEL. FINALLY, THE COMPENSATION ARRANGEMENT IS APPROVED BY THE BOARD AND DOCUMENTED IN A WRITTEN CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 SHM DIRECTS ANY REQUESTS FROM SHM MEMBERS OR OUTSIDE PARTIES TO GUIDESTAR.ORG WHICH POSTS SHM'S 990 AFTER FILING. SHM'S CONFLICT OF INTEREST POLICY, BYLAWS AND OTHER POLICY DOCUMENTS AND ITS FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE, WHICH MEETS QUARTERLY THROUGHOUT THE YEAR, IS RESPONSIBLE FOR THE MONITORING OF THE FINANCIAL STATUS OF THE ORGANIZATION AND THE REPORTING OF ALL FINANCE MATTERS TO THE BOARD OF DIRECTORS. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.