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South Dakota State Medical Association Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 466012680 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is South Dakota State Medical Association Foundation?

The South Dakota State Medical Association Foundation is a nonprofit organization situated in Sioux Falls, South Dakota. Its primary mission is to aid, support, and advance medical research, teaching, and education. To achieve this goal, the foundation grants student sponsorships to individuals pursuing a medical education and contributes funds to the University of South Dakota Sanford School of Medicine to match grants received. The foundation's activities extend to offering annual scholarships to students at the Sanford School of Medicine.


Official website here: www.sdsma.org

Is South Dakota State Medical Association Foundation legitimate?

South Dakota State Medical Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota State Medical Association Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sdsma.org

What is the mission statement of South Dakota State Medical Association Foundation?

The South Dakota State Medical Association Foundation's mission is centered around aiding and supporting medical research, teaching, and education. They accomplish this by granting financial assistance to students pursuing a medical education and providing funds to the University of South Dakota Sanford School of Medicine to match grants they receive. The foundation annually presents scholarships to students at the USD Sanford School of Medicine.


Official website here: www.sdsma.org

Who is the CEO of South Dakota State Medical Association Foundation?

Barb Smith is the Ceo Of Sdsma of South Dakota State Medical Association Foundation. The CEO's salary of South Dakota State Medical Association Foundation is $0 and their total compensation is $0.


Official website here: www.sdsma.org

What is the revenue of South Dakota State Medical Association Foundation?

South Dakota State Medical Association Foundation's revenue in 2022 was $335,867.


Official website here: www.sdsma.org

Who are the executives of South Dakota State Medical Association Foundation and what are their salaries?


Here are 7 key members and their salaries (South Dakota State Medical Association Foundation's CEO's salary is $0 and their total compensation is $0):


Barb Smith (Ceo Of Sdsma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary J Milroy Md (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucio Margallo Ii (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Tinguely Md (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Boyens Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer May Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wilson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sdsma.org

Where can I find the form 990 for South Dakota State Medical Association Foundation?

South Dakota State Medical Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sdsma.org

Learn more at the official website: www.sdsma.org

Mission Statement of South Dakota State Medical Association Foundation

The South Dakota State Medical Association Foundation is committed to aiding and supporting medical research, teaching, and education. In pursuit of this mission, the foundation grants scholarships to students pursuing a medical education and provides funds to the University of South Dakota Sanford School of Medicine to match grants they receive. This support contributes significantly to the advancement of medical knowledge and the training of future medical professionals. The foundation's annual scholarships presented to the USD Sanford School of Medicine students further strengthens its commitment to fostering medical education and research.

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Impact




October, 2024

The South Dakota State Medical Association Foundation significantly contributes to the advancement of medical education and research. By providing student sponsorships, the foundation supports individuals pursuing a medical education, ensuring that aspiring doctors have the financial resources necessary to achieve their goals.

In addition, the foundation allocates funds to the University of South Dakota Sanford School of Medicine, facilitating research and educational initiatives through matching grants. This ongoing partnership enriches the academic environment for medical students and fosters innovation in healthcare.

Through its annual scholarships awarded to USD Sanford School of Medicine students, the foundation helps cultivate the next generation of healthcare professionals. Ultimately, the foundation's actions promote excellence in medical research and education, benefiting both students and the broader community in South Dakota.




This information is meant to be a general summary of South Dakota State Medical Association Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$335,867 (2022)
Expenses
$147,178 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $268,569
  • Program Service Revenue: $7,262
  • Gross Receipts: $953,149

Assets and Liabilities:

  • Total Assets: $5,464,460
  • Total Liabilities: $24,956
  • Net Assets: $5,439,504

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAL STUDENT LOAN INTEREST

Revenue

$7,262

Organization Details

Founding Year

1949

Principal Officer

Barb Smith

Main Address

2600 WEST 49TH STREET STE 100, SIOUX FALLS, SD, 57105

NTEE Category

Code: B54Z - Education

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