South Carolina Medical Association Members Insurance Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,493,141 | 36,765,905 | 2,727,236 | 7.5 | 1% |
| 2012 | 41,920,682 | 41,661,936 | 258,746 | 6.7 | 1% |
| 2013 | 42,512,738 | 44,471,995 | −1,959,257 | 5.8 | 1% |
| 2014 | 39,494,578 | 40,777,636 | −1,283,058 | 5.9 | 1% |
| 2015 | 31,500,038 | 28,822,097 | 2,677,941 | 9.5 | 1% |
| 2016 | 25,966,592 | 23,816,784 | 2,149,808 | 12.6 | 1% |
| 2017 | 29,281,190 | 28,417,960 | 863,230 | 10.9 | 5% |
| 2018 | 36,480,111 | 38,823,753 | −2,343,642 | 7.3 | 0% |
| 2019 | 35,378,127 | 35,644,669 | −266,542 | 7.8 | 0% |
| 2020 | 34,185,131 | 33,532,181 | 652,950 | 8.5 | 0% |
| 2021 | 32,166,082 | 31,242,651 | 923,431 | 9.5 | 0% |
| 2022 | 29,085,358 | 30,371,115 | −1,285,757 | 9.3 | 0% |
| 2023 | 28,262,156 | 30,013,670 | −1,751,514 | 8.7 | 0% |
In its most recent public year (2023), this organization spent $1,751,514 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 7.5 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
South Carolina Medical Association Members Insurance Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works