Nonprofit · EIN 57-0168534
SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION
Tax-exempt · COLUMBIA, SC 29210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,396,400 | $1,262,082 | $134,318 | $3,327,241 | $8,325,636 | -$4,998,395 |
| June 30, 2024 | 990 | $1,533,697 | $969,700 | $563,997 | $3,055,624 | $8,256,712 | -$5,201,088 |
| June 30, 2023 | 990 | $1,243,568 | $953,536 | $290,032 | $3,032,632 | $8,445,195 | -$5,412,563 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,376,117
- of which government grants
- $200,000
- Program service revenue
- $0
- Investment income
- $2,680
- Other revenue
- $17,603
Expenses
- Grants and similar amounts paid
- $330,564
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,182
- Accounting fees
- $18,520
- Occupancy
- $2,656
- Depreciation
- $22
- Program services (functional)
- $1,199,176
- Management and general (functional)
- $62,906
Balance sheet and other
- Total assets, start of year
- $3,055,624
- Total assets, end of year
- $3,327,241
- Total liabilities, end of year
- $8,325,636
- Net assets, end of year
- -$4,998,395
- Land, buildings and equipment
- $98
- Net assets without donor restrictions
- -$5,630,437
- Net assets with donor restrictions
- $632,042
- Gross receipts
- $1,396,400
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1975
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHELE TAYLOR | CEO, CLO Officer | 1 | $0 | $299,609 | $45,933 |
| MICHELLE BOLIN | CFO, COO Officer | 1 | $0 | $293,981 | $45,740 |
| M MAYES DUBOSE MD | PRES 7/23-4/24;IMM.PAST PRES MAY 25 Trustee or director | 1 | $12,667 | $0 | $0 |
| WESLEY H FRIERSON MD | CHAIRMAN (24-25)/TREAS START 5/25 Trustee or director | 1 | $6,000 | $0 | $0 |
| HELEN STOCKINGER MD | IMM.PAST PRES (24-25) Trustee or director | 1 | $5,333 | $0 | $0 |
| HENRY FRITZ BUTEHORN III MD | PRES-ELEC (23-24)/PRES MAY 25 Trustee or director | 1 | $4,000 | $0 | $0 |
| H TIM PEARCE MD FACS | SECRETARY (2022 - 2025) Trustee or director | 1 | $0 | $0 | $0 |
| AMANDA SLOAN DAVIS MD | VICE CHAIR (24-25)/CHAIR START MAY 25 Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY P CASHMAN DO | SPEAKER OF HOUSE (22-24)/PRES ELEC MAY 25 Trustee or director | 1 | $0 | $0 | $0 |
| STEFANIE M PUTNAM MD | VICE SPEAKER OF HOUSE (22-24)/VICE SPEAK LDC (5/25 Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY MILES SCOTT DO | TREAS (24-25)/VICE SPEAKER OF LDC 5/25 Trustee or director | 1 | $0 | $0 | $0 |
| FORREST CLEAVE HAM MD | MBR-AT-LARGE (24-25)/VICE CHAIR 5/25 Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY TARASIDIS MD | SECRETARY (MAY 25) Trustee or director | 1 | $0 | $0 | $0 |
| JAMES JIMMY WELLS MD | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHELE TAYLOR | CEO, CLO Officer | 1 | $0 | $296,846 | $45,363 |
| MICHELLE BOLIN | CFO, COO Officer | 1 | $0 | $290,720 | $45,154 |
| HELEN STOCKINGER MD | PRES 7/23-4/24;IMM.PASTPRES 5/24-6/24 Trustee or director | 1 | $0 | $15,667 | $0 |
| CHRISTOPHER A YEAKEL MD FAAP | IMM.PASTPRES 7/23-4/24;AMA ALTDEL 5/24-6/24 Trustee or director | 1 | $0 | $8,000 | $0 |
| WESLEY H FRIERSON MD | CHAIRMAN Trustee or director | 1 | $0 | $4,750 | $0 |
| HENRY FRITZ BUTEHORN III MD | TRUSTEE 7/24-4/24;PRES-ELECT 5/24-6/24 Trustee or director | 1 | $0 | $3,000 | $0 |
| H TIM PEARCE MD FACS | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| M MAYES DUBOSE MD | PRES-ELECT 7/23-4/24;PRES 5/24-6/24 Trustee or director | 1 | $0 | $0 | $0 |
| AMANDA S DAVIS MD | VICE-CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY P CASHMAN DO | SPEAKER OF HOUSE Trustee or director | 1 | $0 | $0 | $0 |
| STEFANIE M PUTNAM MD | VICE SPEAKER OF HOUSE Trustee or director | 1 | $0 | $0 | $0 |
| RYAN C GARBALOSA DO | MEMBER-AT-LARGE 7/23-4/24 Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY MILES SCOTT DO | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| FORREST CLEAVE HAM MD | TRUSTEE;MBR-AT-LARGE 5/24-6/24 Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHELE TAYLOR | CEO/CLO Officer | 1 | $0 | $297,356 | $37,273 |
| MICHELLE BOLIN | CFO, COO Officer | 1 | $0 | $286,231 | $37,231 |
| CHRISTOPHER A YEAKEL MD FAAP | PRES 7/22-4/23; IMM.PASTPRES 5/23-6/23 Trustee or director | 1 | $0 | $14,000 | $0 |
| HENRY FRITZ BUTEHORN III MD | CHAIRMAN 7/22-4/23 Trustee or director | 1 | $0 | $5,250 | $0 |
| HELEN STOCKINGER MD | PRES-ELECT 7/22-4/23; PRES 5/23-6/23 Trustee or director | 1 | $0 | $5,000 | $0 |
| JOHN C ROPP III MD | IMMEDIATE PAST PRESIDENT 7/22-4/23 Trustee or director | 1 | $0 | $4,000 | $0 |
| WESLEY H FRIERSON MD | VICE-CHAIR 7/22-4/23;CHAIR 5/23-6/23 Trustee or director | 1 | $0 | $0 | $0 |
| H TIM PEARCE MD FACS | SECRETARY, AMA ALTERNATE DELEGATE Trustee or director | 1 | $0 | $0 | $0 |
| M MAYES DUBOSE MD | TREAS 7/22-4/23;PRES-ELECT 5/23-6/23 Trustee or director | 1 | $0 | $0 | $0 |
| AMANDA S DAVIS MD | MBR-AT-LARGE 7/22-4/23; VCHAIR 5/23-6/23 Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY P CASHMAN DO | SPEAKER OF HOUSE Trustee or director | 1 | $0 | $0 | $0 |
| STEFANIE M PUTNAM MD | V. SPKR OF HOUSE, AMA ALT. DELEGATE Trustee or director | 1 | $0 | $0 | $0 |
| RYAN C GARBALOSA DO | MBR-AT-LARGE 5/23-6/23 Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY MILES SCOTT DO | TREASURER 5/23-6/23 Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 132 WESTPARK BLVD, COLUMBIA, SC 29210-3856
- Principal officer (990 for 2024)
- MICHELLE BOLIN, 132 WESTPARK BLVD, COLUMBIA, SC 29210
- Signed the 990
- MICHELLE BOLIN, CFO/COO
- Phone
- (803) 798-6207
- Return prepared by
- ELLIOTT DAVIS ADVISORY LLC
Mission
TO ENCOURAGE WORTHWHILE SOCIAL AND PROFESSIONAL ACTIVITIES IN THE FIELD OF MEDICAL EDUCATION, MEDICAL RESEARCH AND MEDICAL SERVICE DELIVERY. THE FOUNDATION HAS BEEN ACTIVELY INVOLVED IN INSTITUTING AND PROVIDING FINANCIAL SUPPORT FOR IMPORTANT MEDICAL AND HEALTH-RELATED PROGRAMS AND HAS DEVELOPED A SYSTEM FOR RAISING AND DISTRIBUTING FUNDS FOR THESE PROGRAMS.
Program accomplishments
- PATIENT-CENTERED MEDICAL HOME (PCMH) INITIATIVE. THE FOUNDATION HAS RECEIVED GRANT FUNDING FROM THE SOUTH CAROLINA DEPARTMENT OF HEALTH AND HUMAN SERVICES TO PROVIDE FREE EDUCATIONAL, CONSULTING, AND COACHING SERVICES TO PHYSICIAN PRACTICES SEEKING RECOGNITION FROM THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA) AS A PCMH.Expenses $699,545 · grants $200,000
- CHARITABLE GIFT ANNUITY PLAN.Expenses $258,622
- THE FOUNDATION RECEIVED GRANT FUNDING FROM THE BCBS FOUNDATION TO ASSIST IN STARTING A GRADUATE MEDICAL EDUCATION PROGRAM FOR PHYSICIANS AT A RURAL HOSPITAL WITH THE PURPOSE OF DEVELOPING MORE PHYSICIANS TO WORK IN RURAL AREAS.Expenses $205,680 · grants $98,834
- DAODAS GRANTSExpenses $10,729 · grants $10,729
- ANNUAL AWARDS AND SCHOLARSHIPS.Expenses $24,600 · grants $21,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0168534
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,327,241
- Income (IRS master file)
- $1,396,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,396,400 | $1,262,082 | $3,327,241 | IRS |
| 990 | June 2024 | $1,533,697 | $969,700 | $3,055,624 | IRS |
| 990 | June 2023 | $1,243,568 | $953,536 | $3,032,632 | XML |
| 990 | June 2022 | $1,075,181 | $1,296,542 | $3,108,547 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0168534).
Questions about SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION
- What is the EIN of SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION?
- The employer identification number (EIN) of SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION is 57-0168534.
- Is SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION?
- The 990 for the year ended June 30, 2025 names MICHELLE BOLIN.
- Who are the officers and directors of SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 4 received compensation from the organization.
- How much revenue does SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,396,400, expenses of $1,262,082 and total assets of $3,327,241 at year end.
Other nonprofits in COLUMBIA
- CENTRAL ELECTRIC POWER COOPERATIVE INC EIN 57-0299350 · last filed 990 for 2024
- CHARTER INSTITUTE AT ERSKINE EIN 82-3227586 · last filed 990 for 2025
- WELVISTA EIN 56-2034627 · last filed 990 for 2025
- PRESBYTERIAN COMMUNITIES OF SOUTH CAROLINA EIN 57-0373677 · last filed 990 for 2025
- UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION EIN 57-6017985 · last filed 990 for 2025
- EAU CLAIRE COOPERATIVE HEALTH CENTER INC EIN 57-0965445 · last filed 990 for 2024
- GENESIS HEALTHCARE INC EIN 01-0932846 · last filed 990 for 2025
- AGFIRST-FCBT EMPLOYEE WELFARE BENEFIT TR EIN 76-6094055 · last filed 990 for 2024