South Carolina Medical Association

Organization Overview

South Carolina Medical Association is located in Columbia, SC. The organization was established in 1941. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, South Carolina Medical Association employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Medical Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, South Carolina Medical Association generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grace Hospitality Dba
Hospitality Services For Annual Meeting
$120,709
1101 Public Affairs
Legislative Consulting Services
$109,807
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $509,723
All other contributions, gifts, grants, and similar amounts not included above$4,298
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$514,021
Total Program Service Revenue$1,996,549
Investment income $1,614
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $149,377
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,263,647

Grants Awarded

Over the last fiscal year, South Carolina Medical Association has awarded $45,036 in support to 2 organizations.

Grant RecipientAmount

SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION

PURPOSE: GENERAL SUPPORT

$39,036

SCMA ALLIANCE

PURPOSE: GENERAL SUPPORT

$6,000
View Grant Profile

Peer Organizations

Organization NameAssets
Cwm Employee Benefit Trust
Marietta, GA
$12,608,650
North Carolina Self Insurance Guaranty Association
Raleigh, NC
$5,855,428
Georgia Insurers Insolvency Pool
Duluth, GA
$6,924,334
Hedrick Employee Group Benefit Plan Trust
Salisbury, NC
$7,730,992
Home Builders Association Of South Carolina Group Trust Insurance
Columbia, SC
$6,420,123
Self Insurance Institute Of America Inc
Simpsonville, SC
$5,752,205
Guy C Lee Benefit Plan Tr
Smithfield, NC
$5,013,654
Independent Insurance Agents Of N Carolina Inc
Cary, NC
$4,716,113
South Carolina Medical Association
Columbia, SC
$3,263,647
Krispy Kreme Doughnut Corporation Welfare Benefit Plan
Winstonsalem, NC
$3,213,674
Stowe Pharr Mills Employee Benefit Trust
Mcadenville, NC
$2,450,156
Community Teen Coalition Inc
Atlanta, GA
$2,444,075
Independent Insurance Agents & Brokers Of South Carolina
Columbia, SC
$1,861,534
Helping And Lending Outreach Support
North Charleston, SC
$1,630,125
Georgia Police Benevolent Legal Benefit Assurance Inc
Mcdonough, GA
$1,813,803
Independent Insurance Agents Of Georgia Inc
Alpharetta, GA
$1,870,983
Bommer Industries Inc Medical Benefit Plan
Landrum, SC
$1,061,278
Professional Insurance Agents Of Georgia Inc
Duluth, GA
$1,241,982
Georgia Self Insurers Guaranty Trust Fund
Atlanta, GA
$1,486,137
Georgia Guard Insurance Trust
Rome, GA
$623,823
Standard Discount Corporation Voluntary Employee Benefit Pl & Tr
Moultrie, GA
$713,146
Farmers Mutual Fire Insurance Company Of Cleveland County
Shelby, NC
$550,750
The Fred J Morganthall Ii Foundation
Matthews, NC
$330,824
Durham Firemens Supplemental Retirement System
Durham, NC
$296,546
South Carolina Insurance Association
Columbia, SC
$254,897

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