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← SOUTH CAROLINA MEDICAL ASSOCIATION

Form 990 for tax year 2023

Filed by SOUTH CAROLINA MEDICAL ASSOCIATION.

Totals

Total revenue
$3,170,126
Total expenses
$3,366,350
Contributions and grants received
$34,574
Grants paid
$2,000
Program service revenue
$1,947,119
Investment income
$51,665
Other revenue
$1,136,768
Total assets, end of year
$7,703,233
Total liabilities, end of year
$630,867
Net assets or fund balances, end of year
$7,072,366
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $34,574

  • 2a · Program service revenue: MEMBERSHIP REVENUE

    total $974,449 · related or exempt $974,449

  • 2b · Program service revenue: PLAN SPONSOR REVENUE

    total $824,305 · related or exempt $824,305

  • 2c · Program service revenue: ANNUAL MEETING

    total $114,435 · related or exempt $114,435

  • 2d · Program service revenue: CONTINUING MEDICAL EDUCATION

    total $21,043 · related or exempt $21,043

  • 2e · Program service revenue: PRINTING

    total $10,887 · unrelated business $10,887

  • 2f · All other program service revenue

    total $2,000 · related or exempt $2,000

  • 3 · Investment income

    total $51,665 · unrelated business $20 · excluded $51,645

  • 6a · Gross rents

    real property $149,377

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $149,377

  • 6d · Net rental income or loss

    total $149,377 · unrelated business $100,691 · excluded $48,686

  • 11a · Other revenue: MGMT FEE - SCMA MIT

    total $830,995 · unrelated business $830,995

  • 11b · Other revenue: MGMT FEE - FULCRUM

    total $151,829 · unrelated business $151,829

  • 11c · Other revenue: MISCELLANEOUS REVENUE

    total $4,567 · related or exempt $4,567

  • 11e · Other revenue, total

    $987,391

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,000

  • 5 · Compensation of officers, directors and key employees

    total $454,109

  • 7 · Other salaries and wages

    total $1,508,889

  • 8 · Pension plan contributions

    total $44,754

  • 9 · Other employee benefits

    total $323,859

  • 10 · Payroll taxes

    total $94,093

  • 11b · Fees: legal

    total $5,257

  • 11c · Fees: accounting

    total $63,163

  • 11d · Fees: lobbying

    total $64,843

  • 11g · Fees: other

    total $60,215

  • 12 · Advertising and promotion

    total $47,156

  • 13 · Office expenses

    total $6,774

  • 14 · Information technology

    total $58,069

  • 16 · Occupancy

    total $129,082

  • 17 · Travel

    total $8,251

  • 19 · Conferences, conventions and meetings

    total $72,724

  • 22 · Depreciation, depletion and amortization

    total $131,075

  • 23 · Insurance

    total $60,091

  • 24a · Other expenses: ANNUAL MEETING

    total $139,797

  • 24b · Other expenses: MISCELLANEOUS EXPENSES

    total $60,339

  • 24c · Other expenses: CONTINUING MEDICAL EDUC

    total $16,410

  • 24d · Other expenses: PRINTING AND PUBLICATIO

    total $6,138

  • 24e · All other expenses

    total $9,262

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,566,769 · end of year $748,760

  • 2 · Savings and temporary cash investments

    end of year $1,750,000

  • 4 · Accounts receivable

    beginning of year $39,061 · end of year $22,700

  • 7 · Other notes and loans receivable

    beginning of year $292,407 · end of year $304,162

  • 9 · Prepaid expenses and deferred charges

    beginning of year $172,063 · end of year $182,433

  • 10a · Land, buildings and equipment: cost or other basis

    $5,794,413

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,363,567

  • 10c · Land, buildings and equipment, net

    beginning of year $2,447,922 · end of year $2,430,846

  • 12 · Investments: other securities

    beginning of year $2,423,756 · end of year $2,264,332

  • 17 · Accounts payable and accrued expenses

    beginning of year $169,591 · end of year $149,874

  • 19 · Deferred revenue

    beginning of year $544,373 · end of year $480,993

  • 27 · Net assets without donor restrictions

    beginning of year $6,991,978 · end of year $6,838,733

  • 28 · Net assets with donor restrictions

    beginning of year $236,036 · end of year $233,633

Mission and programs · 2023

Mission

THE SCMA'S PURPOSE IS TO SERVE SOUTH CAROLINA PHYSICIANS AND TO SUPPORT THEIR EFFORTS TO PROVIDE HIGH QUALITY MEDICAL CARE AND TO PROMOTE GOOD HEALTH FOR ALL CITIZENS OF THE STATE. THE SCMA ACCOMPLISHES THE STATED PURPOSES THROUGH PROVIDING CONTINUING MEDICAL EDUCATION AND PHYSICIAN PROGRAM SERVICES TO MEMBERS OF THE SCMA.

Activities or mission (Part I)

THE SCMA'S PURPOSE IS TO SERVE AND SUPPORT SOUTH CAROLINA PHYSICIANS.

  • SCMA ANNUAL MEETING AND CONTINUING MEDICAL ACTIVITIES PROVIDE BUSINESS AND MEDICAL PROGRAMS.

  • ADVOCACY FOR THE INTERESTS OF THE MEDICAL PROFESSION ON LEGISLATIVE MATTERS AND IN THE COURTS BY BRINGING CASES OF BROAD IMPACT, AS WELL AS SERVING AS AN INFORMATION AND ADVOCACY CLEARINGHOUSE FOR MEDICAL SOCIETIES AND RELATED GROUPS.

  • SCMA PROVIDES CONTINUING MEDICAL EDUCATION TO PHYSICIANS AND OFFERS ACCREDITATION AND JOINT SPONSORSHIPS TO APPROVED ORGANIZATIONS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LAURIE MARIETHERIOT ROLEY MDMBA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ASUTOSH BOBBY GOR MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • GARY V VUKOV MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • GREGORY TARASIDIS MD GREG

    AMA DELEGATE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JAMES LEROY WELLS III MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • GERALD F CONGDON MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • GARY A DELANEY MD

    TRUSTEE 7/23-4/24;AMA DELEGATE 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • BRUCE A SNYDER MD

    AMA DELEGATE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • RICHARD C OSMAN MD

    AMA DELEGATE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ALEXANDER W RAMSAY MD

    AMA ALTERNATE DELEGATE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • TODD E SCHLESINGER MD

    AMA ALTERNATE DELEGATE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • RODNEY K ALAN MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JAMES MORRISON FULLER JR MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • BAXTER MCLENDON MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • MC ANTO ANTONY MD

    YOUNG PHYSICIANS SECTION

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • STEPHANIE MAYLE SCOTT DO

    RESIDENT AND FELLOW

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ALEXANDRA A CONRY

    MEDICAL STUDENT SECTION 7/23-4/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JEROME AYA-AY MD

    TRUSTEE 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JESSICA L CVINAR MD

    TRUSTEE 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • LISA E HEICHBERGER MD

    TRUSTEE 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • MICHELLE TROUP

    MEDICAL STUDENT SECTION 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • WESLEY H FRIERSON MD

    CHAIRMAN

    Total calculated
    $4,750
    From this org
    $4,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 1 related
  • H TIM PEARCE MD FACS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • M MAYES DUBOSE MD

    PRES-ELECT 7/23-4/24;PRES 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • AMANDA S DAVIS MD

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JEFFREY P CASHMAN DO

    SPEAKER OF HOUSE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • STEFANIE M PUTNAM MD

    VICE SPEAKER OF HOUSE

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • RYAN C GARBALOSA DO

    MEMBER-AT-LARGE 7/23-4/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ANTHONY MILES SCOTT DO

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • FORREST CLEAVE HAM MD

    TRUSTEE;MBR-AT-LARGE 5/24-6/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • CHRISTOPHER A YEAKEL MD FAAP

    IMM.PASTPRES 7/23-4/24;AMA ALTDEL 5/24-6/24

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6 + 1 related
  • HELEN STOCKINGER MD

    PRES 7/23-4/24;IMM.PASTPRES 5/24-6/24

    Total calculated
    $15,667
    From this org
    $15,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    6 + 1 related
  • HENRY FRITZ BUTEHORN III MD

    TRUSTEE 7/24-4/24;PRES-ELECT 5/24-6/24

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 1 related
  • RICHELE TAYLOR

    CEO, CLO

    Total calculated
    $342,209
    From this org
    $296,846
    From related orgs
    $0
    Other
    $45,363
    Hours/week
    27.25 + 10.25 related

    Schedule J breakdown matched by us

    Base
    $296,846
    Bonus
    $0
    Other
    $0
    Deferred
    $9,016
    Nontaxable benefits
    $36,347
    Filer's total
    $342,209
  • MICHELLE BOLIN

    CFO, COO

    Total calculated
    $335,874
    From this org
    $290,720
    From related orgs
    $0
    Other
    $45,154
    Hours/week
    21.5 + 16 related

    Schedule J breakdown matched by us

    Base
    $285,720
    Bonus
    $5,000
    Other
    $0
    Deferred
    $8,828
    Nontaxable benefits
    $36,326
    Filer's total
    $335,874
  • JAKE THOMPSON

    FRS AREA VICE-PRESIDENT

    Total calculated
    $303,700
    From this org
    $259,580
    From related orgs
    $0
    Other
    $44,120
    Hours/week
    0 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $8,636
    Bonus
    $0
    Other
    $250,944
    Deferred
    $7,905
    Nontaxable benefits
    $36,215
    Filer's total
    $303,700
  • JEFF GEE - THRU 123123

    FRS AREA VICE-PRESIDENT

    Total calculated
    $259,742
    From this org
    $217,016
    From related orgs
    $0
    Other
    $42,726
    Hours/week
    0 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $10,642
    Bonus
    $360
    Other
    $206,014
    Deferred
    $6,566
    Nontaxable benefits
    $36,160
    Filer's total
    $259,742
  • HOLLY PISARIK

    SENIOR VICE-PRESIDENT OF ADVOCACY & POLICY COUNSEL

    Total calculated
    $238,625
    From this org
    $196,558
    From related orgs
    $0
    Other
    $42,067
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $196,558
    Bonus
    $0
    Other
    $0
    Deferred
    $6,008
    Nontaxable benefits
    $36,059
    Filer's total
    $238,625
  • MACK GOODWIN

    FRS VP OF FINANCIAL PLANNING & BUSINESS ANALYTICS

    Total calculated
    $201,230
    From this org
    $160,363
    From related orgs
    $0
    Other
    $40,867
    Hours/week
    0 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $160,363
    Bonus
    $0
    Other
    $0
    Deferred
    $4,808
    Nontaxable benefits
    $36,059
    Filer's total
    $201,230
  • BRANDT SMITH

    VP OF IT

    Total calculated
    $171,423
    From this org
    $135,297
    From related orgs
    $0
    Other
    $36,126
    Hours/week
    27.5 + 10 related

    Schedule J breakdown matched by us

    Base
    $131,385
    Bonus
    $3,912
    Other
    $0
    Deferred
    $4,037
    Nontaxable benefits
    $32,089
    Filer's total
    $171,423

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • FULCRUM RISK SOLUTIONS INC

    C · INSURANCE · SC · 100% owned · share of income $33,292 · share of assets $2,683,014 · controlled entity

    Directly controlled by SCMA

  • SCMA PRACTICE MANAGEMENT SERVICES INC

    C · PHYSICIAN PRACTICE MANAGEMENT SERVICES · SC · 100% owned · share of income $7,284 · share of assets $107,911 · controlled entity

    Directly controlled by SCMA

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202541339349303704

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