Overview
What is Medical Society Of South Carolina?
The Medical Society of South Carolina, an esteemed organization of physicians with roots dating back to 1789, is committed to driving healthcare advancements in their region. In collaboration with Roper St. Francis Healthcare System, they channel resources towards charitable initiatives and organizations that focus on health and wellness within the tri-county area. Simultaneously, they invest in capital projects to preserve and strengthen Roper St. Francis' legacy of healing with compassion and excellence. Their mission is to enhance the health of their community through clinical expertise.
Official website here: www.medsocietysc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The Medical Society of South Carolina holds a solid Three-Star rating from Charity Navigator, reflecting its overall effective management and financial health. With an Accountability & Finance Score of 88, the organization demonstrates a commitment to transparency and responsible financial practices, making it a trustworthy option for potential donors.
One notable strength is its high Program Expense Ratio of 85%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. This efficiency is further supported by a robust audit and oversight framework, and the organization maintains comprehensive policies for conflict of interest, whistleblower protections, and document retention, enhancing its credibility.
However, the organization does have some limitations, particularly in terms of board independence as it scored 0 out of 8 points in having a majority of independent board members. While the board is composed entirely of independent members, the lack of a majority may raise questions about governance. Overall, the Medical Society of South Carolina appears to be a well-managed nonprofit with a clear focus on its mission, though its board structure could be improved.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Society Of South Carolina legitimate?
Medical Society Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Society Of South Carolina 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: $444,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,212
For more financial information, click here
Official website here: www.medsocietysc.com
What is the mission statement of Medical Society Of South Carolina?
The Medical Society of South Carolina, established in 1789, is a leading association of physicians committed to improving community health through clinical excellence. This esteemed organization has forged a partnership with Roper St. Francis Healthcare System to allocate resources towards charitable programs and organizations in their region, focusing on health and wellness. Furthermore, they provide support for capital projects that uphold the Roper St. Francis tradition of healing with compassion and excellence.
Official website here: www.medsocietysc.com
Who is the CEO of Medical Society Of South Carolina?
Charles Rivers is the President of Medical Society Of South Carolina. The CEO's salary of Medical Society Of South Carolina is $369,863 and their total compensation is $392,026.
Official website here: www.medsocietysc.com
What is the revenue of Medical Society Of South Carolina?
Medical Society Of South Carolina's revenue in 2022 was $46,820,067.
Official website here: www.medsocietysc.com
Who are the executives of Medical Society Of South Carolina and what are their salaries?
The average compensation at Medical Society Of South Carolina during 2022 was $227,538. There are 2 employees at Medical Society Of South Carolina.
Here are 14 key members and their salaries (Medical Society Of South Carolina's CEO's salary is $369,863 and their total compensation is $392,026):
- Compensation: $75,000
- Related: $689,829
- Other: $61,361
- Compensation: $0
- Related: $463,223
- Other: $58,438
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,007,786
- Other: $77,814
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $378,012
- Other: $61,930
- Compensation: $0
- Related: $643,401
- Other: $72,129
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $783,992
- Other: $61,541
- Compensation: $0
- Related: $6,039
- Other: $0
- Compensation: $0
- Related: $76,950
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $369,863
- Related: $0
- Other: $22,163
Official website here: www.medsocietysc.com
Where can I find the form 990 for Medical Society Of South Carolina?
Medical Society Of South Carolina's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medsocietysc.com
Learn more at the official website: www.medsocietysc.com
Mission Statement of Medical Society Of South Carolina
Since its founding in 1789, The Medical Society of South Carolina has stood as the leading association of physicians in the region, striving to advance healthcare through clinical excellence. This esteemed organization, committed to enhancing community health, has forged a partnership with Roper St. Francis Healthcare System.
Through this partnership, The Medical Society of South Carolina channels resources towards charitable programs and organizations within their area, focusing on health and wellness. Their dedication extends beyond financial support, as they also direct funds towards capital projects that embody the Roper St. Francis tradition of healing with compassion and excellence.
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Impact
October, 2024
The Medical Society of South Carolina has a profound impact on the health of the community by fostering clinical excellence and innovative healthcare practices since 1789. By partnering with the Roper St. Francis Healthcare System, the organization allocates resources to health and wellness initiatives that benefit the tri-county area, enhancing the quality of care available to residents. Their efforts include supporting charitable programs and capital projects that embody the spirit of compassion and excellence in healthcare, ensuring that all individuals receive the necessary care and support. Through these initiatives, the Medical Society plays a crucial role in advancing healthcare standards and improving overall community well-being.
This information is meant to be a general summary of Medical Society Of South Carolina. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $40,987,176
- Gross Receipts: $167,344,868
Assets and Liabilities:
- Total Assets: $559,470,437
- Total Liabilities: $80,844,209
- Net Assets: $478,626,228
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Organization Details
Founding Year
1789
Phone
(843) 789-1798Principal Officer
Charles Rivers
Main Address
69B BARRE ST, CHARLESTON, SC, 29401
Website
www.medsocietysc.comNTEE Category
Code: E110 - Health
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