Overview
What is Southern Medical Association?
The Southern Medical Association (SMA) is a distinguished nonprofit organization, headquartered in Birmingham, Alabama, dedicated to advancing medical education. Accredited by the Accreditation Council for Continuing Medical Education, SMA provides Continuing Medical Education (CME) to medical professionals through live meetings, online courses, and customized programs. SMA's mission, rooted in its 115-year history, is to enhance the quality of patient care through multidisciplinary and interprofessional education. Members support this mission through various means, including membership, donations, publishing, speaking engagements, and directing educational programs. As a result, SMA has produced numerous educational hours, published over 46,000 scientific articles, and provided financial assistance for research grants, loans, and scholarships, totaling over $3.5 million. With 13 dedicated employees, SMA continues to foster the art and science of medicine through education.
Official website here: www.sma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%)
The Southern Medical Association has received a two-star rating from Charity Navigator, indicating areas that require enhancement despite some strong governance practices. The organization boasts a perfect score for having a fully independent board, with all members meeting independence criteria. Additionally, they have established important policies such as conflict of interest and whistleblower protections, contributing positively to their accountability scores.
However, the organization has room for improvement in its financial practices, specifically in its program expense ratio, which stands at 64.08%. This indicates that a significant portion of their expenses is not directed towards programmatic activities, which may raise concerns among stakeholders regarding the efficiency of resource allocation. Their culture and community score is notably low at 10%, suggesting potential issues in engaging with or responding to community needs effectively.
Despite these challenges, the Southern Medical Association's commitment to transparency is evident, as they maintain proper documentation and have a low liabilities to assets ratio at 19.96%. Continuous improvement in financial management and community engagement could bolster their overall performance and reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Medical Association legitimate?
Southern Medical Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Medical Association 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: $98,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $442,804
For more financial information, click here
Official website here: www.sma.org
What is the mission statement of Southern Medical Association?
The Southern Medical Association, established in 1906, is a professional organization dedicated to enhancing the field of medicine through education. Over the past century, its members have consistently supported the association's mission through various means, including membership, donations, publishing, speaking, and directing educational programs. The primary objective of the Southern Medical Association is to improve the quality of patient care by promoting multidisciplinary, interprofessional education. To achieve this goal, the organization offers Continuing Medical Education (CME) programs in the form of live meetings, online courses, and customized CME. Additionally, the Southern Medical Association provides Maintenance of Certification (MOC) options for medical professionals to obtain necessary MOC points.
Official website here: www.sma.org
Who is the CEO of Southern Medical Association?
Randall E Glick is the Past-President of Southern Medical Association.
Official website here: www.sma.org
What is the revenue of Southern Medical Association?
Southern Medical Association's revenue in 2023 was $1,143,975.
Official website here: www.sma.org
Who are the executives of Southern Medical Association and what are their salaries?
The average compensation at Southern Medical Association during 2023 was $41,646. There are 13 employees and 23 volunteers at Southern Medical Association.
Here are 10 key members and their salaries:
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- Compensation: $98,588
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- Other: $6,880
Official website here: www.sma.org
Where can I find the form 990 for Southern Medical Association?
Southern Medical Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sma.org
Learn more at the official website: www.sma.org
Mission Statement of Southern Medical Association
The Southern Medical Association, established over a century ago, is dedicated to enhancing the art and science of medicine. This esteemed organization, comprised of medical professionals, has been steadfast in its commitment to multidisciplinary and interprofessional education for over a century. By leveraging the support of its members through membership, donations, publishing, speaking, and directing educational programming, the Southern Medical Association has been instrumental in creating thousands of hours of education, publishing over 46,000 scientific peer-reviewed journal articles in the Southern Medical Journal, and providing over $3.5 million in financial support for scientific research grants, loans, and scholarships.
At its core, the Southern Medical Association's mission is to improve the quality of patient care. It achieves this goal through its focus on multidisciplinary and interprofessional education. This approach ensures that healthcare providers are equipped with the latest knowledge and skills to deliver the best possible care to their patients. The organization is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education (CME) to individuals in the medical profession. It hosts live meetings, online courses, and customized CME to meet the unique education needs of medical professionals, offering MOC options for acquiring necessary MOC points.
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Impact
July, 2024
The Southern Medical Association has a significant impact on the field of medicine by fostering the art and science of medicine through education. Established in 1906, this organization has been dedicated to providing multidisciplinary, interprofessional education to its members for over a century. Through membership, donations, publishing scientific research, speaking engagements, and directing educational programs, the Southern Medical Association has created thousands of hours of education, published over 46,000 scientific peer-reviewed journal articles in the Southern Medical Journal, and awarded more than $3.5 million in financial support through scientific research grants, loans, and scholarships. The organization is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education (CME) to medical professionals, offering live meetings, online courses, and customized CME opportunities. Additionally, the Southern Medical Association provides options for acquiring needed Maintenance of Certification (MOC) points. Through its mission to improve the quality of patient care through multidisciplinary, interprofessional education, the Southern Medical Association plays a vital role in advancing healthcare practices and standards.
This information is meant to be a general summary of Southern Medical Association. 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 2023.
- Investment Income: $474,673
- Program Service Revenue: $593,697
- Gross Receipts: $6,982,168
Assets and Liabilities:
- Total Assets: $5,931,908
- Total Liabilities: $1,184,281
- Net Assets: $4,747,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS
Revenue
$289,457
MEMBERSHIP DUES
Revenue
$195,208
EDUCATIONAL MATERIALS
Revenue
$109,032
Organization Details
Founding Year
1906
Phone
(205) 945-1840Principal Officer
Randall E Glick
Main Address
3500 BLUE LAKE DRIVE SUITE 360, BIRMINGHAM, AL, 35243
Website
www.sma.orgNTEE Category
Code: E31 - Health
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