Atlantic County Medical Society Scholarship Corporation

Somers Point, NJ
Tax exemption issued: June 1969
EIN: 23-7024987

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending April
2024

Revenue

$24,295

Expenses

$41,164

Net Income

-$16,869

Net Assets

$314,381

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,000	24.7%
Interest Revenue	$223	0.9%
Dividends	$10,955	45.1%
Sales of Assets	$7,117	29.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,680	77.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$314,381
Total Liabilities	$0
Net Assets	$314,381

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 4, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2023

Revenue

$11,479

Expenses

$48,760

Net Income

-$37,281

Net Assets

$331,250

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$208	1.8%
Dividends	$8,991	78.3%
Sales of Assets	$2,280	19.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,132	80.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$331,250
Total Liabilities	$0
Net Assets	$331,250

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2022

Revenue

$23,825

Expenses

$46,121

Net Income

-$22,296

Net Assets

$368,531

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,248	43.0%
Sales of Assets	$13,577	57.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,025	82.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$368,531
Total Liabilities	$0
Net Assets	$368,531

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on Feb. 24, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2021

Revenue

$13,776

Expenses

$34,141

Net Income

-$20,365

Net Assets

$390,827

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$8,390	60.9%
Sales of Assets	$5,384	39.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,394	83.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$390,827
Total Liabilities	$0
Net Assets	$390,827

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2020

Revenue

$19,175

Expenses

$28,812

Net Income

-$9,637

Net Assets

$411,191

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18	0.1%
Dividends	$9,468	49.4%
Sales of Assets	$9,689	50.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,382	77.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$411,192
Total Liabilities	$1
Net Assets	$411,191

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2019

Revenue

$38,909

Expenses

$22,684

Net Income

$16,225

Net Assets

$420,829

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$6,645	17.1%
Sales of Assets	$32,262	82.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,184	89.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$421,371
Total Liabilities	$542
Net Assets	$420,829

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 6, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2018

Revenue

$36,350

Expenses

$27,267

Net Income

$9,083

Net Assets

$404,604

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000	27.5%
Interest Revenue	$2	0.0%
Dividends	$7,535	20.7%
Sales of Assets	$18,813	51.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,042	88.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$404,604
Total Liabilities	$0
Net Assets	$404,604

Compensation

Key Employees and Officers	Compensation	Other
Thomas Dierkes (President)	$0	$0
Zubair Syed (Vice President)	$0	$0
Lisa Dierkes (Executive Director)	$0	$0

990-PF

Filed on March 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2016

Revenue

$42,806

Expenses

$27,961

Net Income

$14,845

Net Assets

$392,264

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,500	31.5%
Interest Revenue	$0
Dividends	$29,851	69.7%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,786	88.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$392,531
Total Liabilities	$267
Net Assets	$392,264

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2015

Revenue

$30,463

Expenses

$23,160

Net Income

$7,303

Net Assets

$377,686

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,000	42.7%
Interest Revenue	$0
Dividends	$24,693	81.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,860	94.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$377,797
Total Liabilities	$111
Net Assets	$377,686

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2014

Revenue

$30,641

Expenses

$20,265

Net Income

$10,376

Net Assets

$370,851

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,450	40.6%
Interest Revenue	$1	0.0%
Dividends	$18,660	60.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$19,015	93.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$370,851
Total Liabilities	$0
Net Assets	$370,851

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2013

Revenue

$14,541

Expenses

$22,750

Net Income

-$8,209

Net Assets

$360,823

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,500	92.8%
Interest Revenue	$1	0.0%
Dividends	$15,346	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,500	94.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$360,823
Total Liabilities	$0
Net Assets	$360,823

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2012

Revenue

$21,457

Expenses

$19,328

Net Income

$2,129

Net Assets

$369,173

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$14,400	67.1%
Interest Revenue	$2	0.0%
Dividends	$7,055	32.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,765	91.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$369,173
Total Liabilities	$0
Net Assets	$369,173

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 22, 2026

Atlantic County Medical Society Scholarship Corporation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending April 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending April 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2011

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending April 2010

Fiscal Year Ending April
2024

Fiscal Year Ending April
2023

Fiscal Year Ending April
2022

Fiscal Year Ending April
2021

Fiscal Year Ending April
2020

Fiscal Year Ending April
2019

Fiscal Year Ending April
2018

Fiscal Year Ending April
2017

Fiscal Year Ending April
2016

Fiscal Year Ending April
2015

Fiscal Year Ending April
2014

Fiscal Year Ending April
2013

Fiscal Year Ending April
2012

Fiscal Year Ending April
2011

Fiscal Year Ending April
2010

Fiscal Year Ending April
2009

Fiscal Year Ending April
2008

Fiscal Year Ending April
2007

Fiscal Year Ending April
2006

Fiscal Year Ending April
2005

Fiscal Year Ending April
2004

Fiscal Year Ending April
2003

Fiscal Year Ending April
2002