Mississippi State Medical Association
Nonprofit profile at a glance
- EIN
- 640317537
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Ridgeland, MS, USA
- Phone
- 6018536733
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,178,165
- Expenses
- $2,715,137
- Assets
- $5,838,805
- Liabilities
- $1,520,006
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- SCOTT DENNIS (CEO, MPCN)
- KATHERINE PANNEL DO (PRESIDENT-ELECT)
- JOHN R MITCHELL MD (IMMEDIATE PAST PRESIDENT)
- JENNIFER J BRYAN MD (PRESIDENT)
- CLAUDE BRUNSON MD (EXECUTIVE DIRECTOR)
Highest reported compensation
- CLAUDE BRUNSON MD (EXECUTIVE DIRECTOR): $382,901 total reported compensation
- SCOTT DENNIS (CEO, MPCN): $359,017 total reported compensation
- JANTHONY CLOY MD (MPHP MEDICAL DIRECTOR): $262,519 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A physician organization serving as an advocate for its members, their patients and the public health. The association promotes ethical, educational and clinical standards for the medical profession and the enactment of just medical laws.
What it reported doing in 2024
Advocacy for member physicians, their patients, and for public health in Mississippi. Promotion of ethical, educational and clinical standards for the medical profession and the enactment of just medical laws.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 79
- Accountability: 83
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.2%; rating input score 38
- Program expense ratio: 45.3%; rating input score 45
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.1%; rating input score 94; 24th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.6%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 2.15; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 38.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 19.4% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 38.2% of revenue deployed · 45.3% of spending went to programs
- Governance: 16 of 17 board members independent · 6 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $383K · 23 people listed · 2 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.