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Nonprofiteer
← SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION

Form 990 for tax year 2023

Filed by SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION.

Totals

Total revenue
$1,533,697
Total expenses
$969,700
Contributions and grants received
$1,519,579
Grants paid
$249,539
Program services expenses (Part IX)
$939,720
Management and general expenses
$29,980
Fundraising expenses
$0
Program service expenses (Part III)
$939,720

Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • WESLEY H FRIERSON MD

    CHAIRMAN

    Total calculated
    $4,750
    From this org
    $0
    From related orgs
    $4,750
    Other
    $0
    Hours/week
    1 + 2 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 + 6 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 + 6 related

  • STEFANIE M PUTNAM MD

    VICE SPEAKER OF HOUSE

    Total calculated
    $0
    Hours/week
    1 + 2 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
    $0
    From related orgs
    $8,000
    Other
    $0
    Hours/week
    1 + 6 related

  • HELEN STOCKINGER MD

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

    Total calculated
    $15,667
    From this org
    $0
    From related orgs
    $15,667
    Other
    $0
    Hours/week
    1 + 6 related

  • HENRY FRITZ BUTEHORN III MD

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

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

  • RICHELE TAYLOR

    CEO, CLO

    Total calculated
    $342,209
    From this org
    $0
    From related orgs
    $296,846
    Other
    $45,363
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

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

  • MICHELLE BOLIN

    CFO, COO

    Total calculated
    $335,874
    From this org
    $0
    From related orgs
    $290,720
    Other
    $45,154
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

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

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 — 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FOUNDATION RECEIVES MANAGEMENT SERVICES FROM THE SOUTH CAROLINA MEDICAL ASSOCIATION. THE FOUNDATION DOES NOT PAY FOR THESE SERVICES NOR DIRECTLY DETERMINES THE COMPENSATION OF THE OFFICERS. THE SOUTH CAROLINA MEDICAL ASSOCIATION EXECUTIVE COMMITTEE FOLLOWS A REBUTTABLE PRESUMPTION PROCESS INVOLVING THE USE OF COMPENSATION EXPERTS, OPINIONS, AND SURVEY DATA TO CONFIRM THAT THE COMPENSATION PAID IS REASONABLE AND CONSISTENT WITH FAIR MARKET VALUE. THE SOUTH CAROLINA MEDICAL ASSOCIATION OFFICERS AND KEY EMPLOYEES' COMPENSATION IS DETERMINED BASED ON ANNUAL REVIEWS. COMPENSATION IS DOCUMENTED AND APPROVED THROUGH THE ORGANIZATION'S BUDGET. FOR GENERAL SALARY EVALUATIONS, MANAGEMENT HAS ACCESS TO AND USES MARKET STUDIES PROVIDED BY ORGANIZATIONS SUCH AS AMA & AAMSE.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202531339349302363

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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