Mississippi State Medical Association
- Assets
- $5.0m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Ridgeland, MS
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 64-0317537
Organization Overview
Mississippi State Medical Association is located in Ridgeland, MS. The organization was established in 1987. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Mississippi State Medical Association employed 23 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Mississippi State 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 12/2022, Mississippi State Medical Association generated $4.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PHYSICIAN ORGANIZATION SERVING AS AN ADVOCATE FOR ITS MEMBERS, THEIR PATIENTS AND THE PUBLIC HEALTH. THE ASSOCIATION PROMOTES ETHICAL, EDUCATIONAL AND CLINICAL STANDARDS FOR THE MEDICAL PROFESSION AND THE ENACTMENT OF JUST MEDICAL LAWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY FOR MEMBER PHYSICIANS, THEIR PATIENTS, AND FOR PUBLIC HEALTH IN MISSISSIPPI. PROMOTION OF ETHICAL, EDUCATIONAL AND CLINICAL STANDARDS FOR THE MEDICAL PROFESSION AND THE ENACTMENT OF JUST MEDICAL LAWS.
JOURNAL-PUBLICATION KEEPING MEMBERSHIP UPDATED ON CHANGES IN MEDICAL PROFESSION AND PROVIDING INFORMATION ABOUT THE ASSOCIATION AND ITS MEMBERSHIP.
ANNUAL SESSION-ANNUAL MEETING OF MEMBERSHIP TO REVIEW ASSOCIATION ACTIVITIES, ELECT OFFICERS AND DIRECTORS, AND TO ESTABLISH ASSOCIATION POSITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Givens MD Trustee | Trustee | 5 | $0 |
Jeffrey A Morris MD Speaker | OfficerTrustee | 2 | $0 |
John Cross MD President | OfficerTrustee | 2 | $0 |
Geri Lee Weiland MD Immediate Past President | OfficerTrustee | 5 | $0 |
Amber Colville MD Trustee | Trustee | 2 | $0 |
Katherine Pannel DO Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sandestin Golf & Beach Resort Conference Site | 12/30/19 | $117,841 |
A2z Printing Publication Printing | 12/30/19 | $112,926 |
American Medical Assocation Professional Expense | 12/30/19 | $102,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $985,022 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $246,624 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,424 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,408,070 |
| Total Program Service Revenue | $2,385,033 |
| Investment income | $1,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,144 |
| 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 | $4,278,040 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $568,798 |
| Compensation of current officers, directors, key employees. | $290,367 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $502,446 |
| Pension plan accruals and contributions | $101,778 |
| Other employee benefits | $133,875 |
| Payroll taxes | $79,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $180,538 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,735 |
| Advertising and promotion | $937,762 |
| Office expenses | $98,483 |
| Information technology | $110,829 |
| Royalties | $0 |
| Occupancy | $170,600 |
| Travel | $89,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,446 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,130 |
| Insurance | $34,829 |
| All other expenses | $120,287 |
| Total functional expenses | $3,843,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $439,345 |
| Savings and temporary cash investments | $70,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,322 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,535 |
| Net Land, buildings, and equipment | $1,372,283 |
| Investments—publicly traded securities | $30,578 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,052,369 |
| Total assets | $5,043,432 |
| Accounts payable and accrued expenses | $183,717 |
| Grants payable | $0 |
| Deferred revenue | $634,452 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $440,889 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,259,058 |
| Net assets without donor restrictions | $3,784,374 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,043,432 |