Mississippi State Medical Assoc 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mississippi State Medical Assoc 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 12/2023, Mississippi State Medical Assoc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $76.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Vanderloo MD President | 2 | $0 | |
Tyler Stout MD President-Elect | 2 | $0 | |
Loretta Jackson-Williams MD Secretary-Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,864 |
| Investment income | $2,028 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $15,657 |
| Salaries, other compensation, and employee benefits | $33,896 |
| Professional fees and other payments to independent contractors | $570 |
| Occupancy, rent, utilities, and maintenance | $6,803 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $19,773 |
| Total expenses | $76,923 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,009 |
| Other assets | $0 |
| Total assets | $181,009 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,009 |