Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $985,022

• 1e · Government grants (contributions)

  $246,624

• 1f · All other contributions, gifts and grants

  $176,424

• 2a · Program service revenue: REIMBURSED EXPENSES AN

  total $1,701,510 · related or exempt $1,701,510

• 2b · Program service revenue: EDUCATION AND ACCREDIT

  total $361,106 · related or exempt $361,106

• 2c · Program service revenue: ANNUAL SESSION

  total $130,566 · related or exempt $130,566

• 2d · Program service revenue: JOURNAL PUBLICATION

  total $104,958 · related or exempt $72,955 · unrelated business $32,003

• 2e · Program service revenue: OTHER PROGRAM SERVICE

  total $86,893 · related or exempt $86,893

• 3 · Investment income

  total $1,338 · excluded $1,338

• 6a · Gross rents

  real property $47,144

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $47,144

• 6d · Net rental income or loss

  total $47,144 · unrelated business $42,421 · excluded $4,723

• 11a · Other revenue: INVESTMENT IN SUBSIDIA

  total $436,455 · excluded $436,455

• 11e · Other revenue, total

  $436,455

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $25,000 · program services $25,000

• 5 · Compensation of officers, directors and key employees

  total $568,798 · program services $278,431 · management and general $290,367

• 7 · Other salaries and wages

  total $502,446 · program services $245,951 · management and general $256,495

• 8 · Pension plan contributions

  total $101,778 · program services $49,821 · management and general $51,957

• 9 · Other employee benefits

  total $133,875 · program services $65,533 · management and general $68,342

• 10 · Payroll taxes

  total $79,314 · program services $38,825 · management and general $40,489

• 11b · Fees: legal

  total $180,538 · program services $119,885 · management and general $60,653

• 11g · Fees: other

  total $71,735 · program services $68,151 · management and general $3,584

• 12 · Advertising and promotion

  total $937,762 · program services $881,168 · management and general $56,594

• 13 · Office expenses

  total $98,483 · program services $57,579 · management and general $40,904

• 14 · Information technology

  total $110,829 · program services $6,515 · management and general $104,314

• 16 · Occupancy

  total $170,600 · program services $1,023 · management and general $169,577

• 17 · Travel

  total $89,989 · program services $41,174 · management and general $48,815

• 19 · Conferences, conventions and meetings

  total $63,446 · program services $41,186 · management and general $22,260

• 22 · Depreciation, depletion and amortization

  total $115,130 · management and general $115,130

• 23 · Insurance

  total $34,829 · program services $11,730 · management and general $23,099

• 24a · Other expenses: BANQUETS AND ENTERTAINM

  total $198,920 · program services $193,920 · management and general $5,000

• 24b · Other expenses: CONTRIBUTIONS/SPONSORSH

  total $156,582 · program services $76,648 · management and general $79,934

• 24c · Other expenses: ART & PHOTOGRAPHY

  total $44,067 · program services $44,067

• 24d · Other expenses: AUDIOVISUAL EXPENSE

  total $39,037 · program services $37,759 · management and general $1,278

• 24e · All other expenses

  total $120,287 · program services $50,851 · management and general $69,436

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $564,252 · end of year $439,345

• 2 · Savings and temporary cash investments

  beginning of year $70,000 · end of year $70,000

• 4 · Accounts receivable

  beginning of year $549,533 · end of year $60,322

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,948 · end of year $18,535

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

  $2,727,743

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

  $1,355,460

• 10c · Land, buildings and equipment, net

  beginning of year $1,091,636 · end of year $1,372,283

• 11 · Investments: publicly traded securities

  beginning of year $39,286 · end of year $30,578

• 15 · Other assets

  beginning of year $2,650,914 · end of year $3,052,369

• 17 · Accounts payable and accrued expenses

  beginning of year $463,994 · end of year $183,717

• 19 · Deferred revenue

  beginning of year $683,090 · end of year $634,452

• 23 · Secured mortgages and notes payable

  beginning of year $468,825 · end of year $440,889

• 27 · Net assets without donor restrictions

  beginning of year $3,358,660 · end of year $3,784,374

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR OF THE MISSISSIPPI STATE MEDICAL ASSOCIATION HAS A WRITTEN CONTRACT. RAISES AND BONUSES ARE APPROVED BY THE BOARD OF TRUSTEES.

Related corporations and trusts

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

• MISSISSIPPI PHYSICIANS CARE NETWORK

  C · HEALTHCARE · MS