Civic Intelligence

Mississippi State Medical Association

EIN 64-0317537 • 501(c)6 • Ridgeland, MS

Profile

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.

PO Box 2548Ridgeland, MS 39158

www.msmaonline.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.48x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$382,901

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

64th percentile

8.8%

Faster asset growth than 64% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

5.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,838,805

Up $471,647 (+8.8%) from 2023

Liabilities

Up

$1,520,006

Up $10,262 (+0.7%) from 2023

Net Assets

Up

$4,318,799

Up $461,385 (+12%) from 2023

Revenue

Up

$3,178,165

Up $164,757 (+5.5%) from 2023

Expenses

Down

$2,715,137

Down $68,181 (-2.4%) from 2023

Net Income

Up

$463,028

Up $232,938 (+101%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $2,737,397Liabilities 2010: $1,787,934Net Assets 2010: $949,4632010Assets 2011: $2,649,858Liabilities 2011: $1,661,966Net Assets 2011: $987,8922011Assets 2012: $2,612,098Liabilities 2012: $1,609,275Net Assets 2012: $1,002,8232012Assets 2013: $2,673,588Liabilities 2013: $1,542,635Net Assets 2013: $1,130,9532013Assets 2014: $2,680,955Liabilities 2014: $1,403,661Net Assets 2014: $1,277,2942014Assets 2015: $2,661,989Liabilities 2015: $1,266,855Net Assets 2015: $1,395,1342015Assets 2016: $2,622,584Liabilities 2016: $1,212,105Net Assets 2016: $1,410,4792016Assets 2017: $2,653,259Liabilities 2017: $1,197,802Net Assets 2017: $1,455,4572017Assets 2018: $3,006,096Liabilities 2018: $1,555,364Net Assets 2018: $1,450,7322018Assets 2019: $3,412,564Liabilities 2019: $1,326,338Net Assets 2019: $2,086,2262019Assets 2020: $4,041,119Liabilities 2020: $1,286,059Net Assets 2020: $2,755,0602020Assets 2021: $4,974,569Liabilities 2021: $1,615,909Net Assets 2021: $3,358,6602021Assets 2022: $5,043,432Liabilities 2022: $1,259,058Net Assets 2022: $3,784,3742022Assets 2023: $5,367,158Liabilities 2023: $1,509,744Net Assets 2023: $3,857,4142023Assets 2024: $5,838,805Liabilities 2024: $1,520,006Net Assets 2024: $4,318,7992024

Highlighted filing

2024

Assets$5,838,805
Liabilities$1,520,006
Net Assets$4,318,799

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $2,125,3452010Expenses 2011: $2,368,7542011Expenses 2012: $2,383,4292012Revenue 2013: $2,476,556Expenses 2013: $2,337,751Net Income 2013: $138,8052013Revenue 2014: $2,474,456Expenses 2014: $2,326,794Net Income 2014: $147,6622014Revenue 2015: $2,542,568Expenses 2015: $2,424,199Net Income 2015: $118,3692015Revenue 2016: $2,642,734Expenses 2016: $2,632,587Net Income 2016: $10,1472016Revenue 2017: $2,783,478Expenses 2017: $2,738,782Net Income 2017: $44,6962017Revenue 2018: $2,852,082Expenses 2018: $2,850,511Net Income 2018: $1,5712018Revenue 2019: $3,123,794Expenses 2019: $2,496,864Net Income 2019: $626,9302019Revenue 2020: $2,943,262Expenses 2020: $2,278,783Net Income 2020: $664,4792020Revenue 2021: $3,530,839Expenses 2021: $2,925,899Net Income 2021: $604,9402021Revenue 2022: $4,278,040Expenses 2022: $3,843,445Net Income 2022: $434,5952022Revenue 2023: $3,013,408Expenses 2023: $2,783,318Net Income 2023: $230,0902023Revenue 2024: $3,178,165Expenses 2024: $2,715,137Net Income 2024: $463,0282024

Highlighted filing

2024

Revenue$3,178,165
Expenses$2,715,137
Net Income$463,028

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.84$1.52$4.32$3.18$2.72$0.46
2023Detailed filing. Detailed filing data is available for this year.$5.37$1.51$3.86$3.01$2.78$0.23
2022Detailed filing. Detailed filing data is available for this year.$5.04$1.26$3.78$4.28$3.84$0.43
2021Detailed filing. Detailed filing data is available for this year.$4.97$1.62$3.36$3.53$2.93$0.60
2020Detailed filing. Detailed filing data is available for this year.$4.04$1.29$2.76$2.94$2.28$0.66
2019Detailed filing. Detailed filing data is available for this year.$3.41$1.33$2.09$3.12$2.50$0.63
2018Detailed filing. Detailed filing data is available for this year.$3.01$1.56$1.45$2.85$2.85$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.65$1.20$1.46$2.78$2.74$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.62$1.21$1.41$2.64$2.63$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.66$1.27$1.40$2.54$2.42$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.68$1.40$1.28$2.47$2.33$0.15
2013Detailed filing. Detailed filing data is available for this year.$2.67$1.54$1.13$2.48$2.34$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$1.61$1.00$2.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$1.66$0.99$2.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$1.79$0.95$2.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$3,178,165
Mission and Program 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,238,106$1,141,450▼ $96,656
Cash and Non-Interest-Bearing Accounts$327,358$307,044▼ $20,314
Accounts Receivable$88,158$230,647▲ $142,489
Investments in Publicly Traded Securities$34,776$148,987▲ $114,211
Savings and Temporary Cash Investments$70,000--
Prepaid Expenses and Deferred Charges$13,751$17,223▲ $3,472
Total Assets$5,367,158$5,838,805▲ $471,647
Other Assets Total$3,595,009$3,993,454▲ $398,445
Liabilities
Mortgage Notes Payable Secured by Investment Property$671,474$686,434▲ $14,960
Deferred Revenue$533,442$556,694▲ $23,252
Accounts Payable and Accrued Expenses$304,828$276,878▼ $27,950
Total Liabilities$1,509,744$1,520,006▲ $10,262
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,857,414$4,318,799▲ $461,385
Total Net Assets Fund Balance$3,857,414$4,318,799▲ $461,385
Total Liabilities and Net Assets / Fund Balance$5,367,158$5,838,805▲ $471,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$781,982$1,389,748$2,171,730
Land$353,573-$353,573
Other Land Buildings$5,895$221,072$226,967
Other Assets Org$3,993,454--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claude Brunson MdExecutive DirectorPT$327,005$55,896$382,901
Janthony Cloy MdMphp Medical Director-$230,000$32,519$262,519
R David Roberts IiiDirector of Gov. ActFT$154,802$40,228$195,030
Dominica ThamesDirector of Business ManagFT$117,841$19,953$137,794
Marcus GlennDirector of Accounting, Mp--$130,917$130,917

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,091,500
Program Service Revenue
$1,594,780
Investment Income
$46,296
Other Revenue
$445,589
All Other Contributions
$150,000
Change in Net Assets
$463,028

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,178,165
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,642
Total Revenue per Audited Statements
$3,176,523
Total Revenue per Form 990
$3,178,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,448,794
Other Expenses$1,266,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$267,540$350,073-$617,613
Current Officers, Directors, Trustees, and Key Employees$241,285$315,719-$557,004
Depreciation Depletion-$111,761-$111,761
Information Technology$4,420$99,536-$103,956
Pension Plan Contributions$44,032$57,616-$101,648
Other Employee Benefits$44,005$57,580-$101,585
Occupancy$1,275$97,382-$98,657
Fees for Services Legal$23,300$63,661-$86,961
All Other Expenses$39,567$36,792-$76,359
Conferences and Meetings$47,151$26,526-$73,677
Payroll Taxes$30,732$40,212-$70,944
Travel$38,544$30,560-$69,104
Office Expenses$38,365$24,434-$62,799
Interest$9,628$51,791-$61,419
Fees for Services Other$43,738$7,668-$51,406
Other Expenses$8,813$31,974-$40,787
Insurance$4,636$22,085-$26,721
Advertising$26,350$292-$26,642
Total Functional Expenses$1,230,973$1,484,164$0$2,715,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,715,136
Total Expenses per Audited Statements$2,715,136
Total Expenses per Form 990$2,715,136
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$53,414
Total Nondeductible Lobbying and Political Cost$53,414
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberDr. Hays Serves as Board Member of Trustmark National Bank and Msma. Msma Uses Trustmark National Bank for Various Banking Transactions.dr. Hays Also Serves as Director for the Medical Assurance Company of Mississippi.No$555,365
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Brett lampton, md, trustee, is the brother of luke lampton, msma editor.

Form 990, Part VI, Section A, Line 6

Classes of members or stockholders yes

Form 990, Part VI, Section A, Line 7A

Board of trustees elected by members

Form 990, Part VI, Section B, Line 10B

By-laws of organization provide guidance on the function of affiliates

Form 990, Part VI, Section B, Line 11B

The 990 was reviewed by the organization's cfo and preparing cpa.

Form 990, Part VI, Section B, Line 12C

Annually, a questionnaire is circulated to the board of trustees in order to accumulate information on interests that could give rise to conflicts.

Form 990, Part VI, Section B, Line 15A

Board of trustees approve executive directors pay.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements, conflict of interest policy & governing documents available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Mississippi State Medical Association
EIN
64-0317537
Phone
6018536733
Address
PO BOX 2548, RIDGELAND, MS 39158

Signing Officer

Name
Scott L Hambleton Md
Title
Board Chair
Phone
6018536733
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott L Hambleton Md
Formed
1895
Legal Domicile
Ms
Voting Board Members
17
Independent Board Members
16
Employees
19
Volunteers
0

Preparer

Firm
Harper Rains Knight & Company Pa
Address
1052 HIGHLAND COLONY PKWY STE 100, RIDGELAND, MS 39157
Preparer
Kim Strong CPA
Phone
6016050722
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The board of trustees assumes responsibility for the hiring of an independent auditor and oversight of the audit process.

Financial Statement Notes

PART X, LINE 2:

The association operates as a tax-exempt organization under internal revenue code section 501(c)(6). The association is subject to unrelated business income involving advertising sales related to certain publications, rent from controlled organizations and advertising on its website. A separate tax return is filed for mpcn, which operates as a for-profit organization. Accounting rules prescribe when to recognize and how to measure the financial statement effect, if any, of income tax positions taken or expected to be taken on income tax returns including the position the association continues to qualify as a tax-exempt organization. Management evaluates the likelihood that, upon examination by relevant taxing jurisdictions, those income tax positions would be sustained. Based on that evaluation, if it were more than 50 percent probable that a material amount of income tax would be imposed on the association upon examination by the relevant taxing authorities, a liability would be recognized in the statements of financial position along with any interest and penalties that would result from that assessment. Should any penalties and interest be incurred, the association's policy would be to recognize them as operating expenses. The association has no unrecognized tax benefits identified or recorded at december 31, 2024 and 2023. The association would recognize interest and penalties, if any, related to unrecognized tax benefits as a component of income tax expense. The tax years that remain open for federal and major state income tax jurisdictions are 2021 and forward.

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IRS990/ActivityOrMissionDesc0A 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.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2012021
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2140228
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2219953
IRS990/Form990PartVIISectionAGrp/PersonNm0AMBER COLVILLE MD
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT DENNIS
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH ANDERSON DO
IRS990/Form990PartVIISectionAGrp/PersonNm3RENIA DOTSON MD
IRS990/Form990PartVIISectionAGrp/PersonNm4NORMAN L CONNELL JR MD
IRS990/Form990PartVIISectionAGrp/PersonNm5MELANIE B BAKER MD
IRS990/Form990PartVIISectionAGrp/PersonNm6LORETTA JACKSON-WILLIAMS MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHERINE PANNEL DO
IRS990/Form990PartVIISectionAGrp/PersonNm8SCOTT HAMBLETON MD
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN R MITCHELL MD
IRS990/Form990PartVIISectionAGrp/PersonNm10DEEPA ELANGOVAN
IRS990/Form990PartVIISectionAGrp/PersonNm11CRAIG MOFFETT DO
IRS990/Form990PartVIISectionAGrp/PersonNm12CHIP HOLBROOK MD
IRS990/Form990PartVIISectionAGrp/PersonNm13CHASTITY L TORRENCE MD
IRS990/Form990PartVIISectionAGrp/PersonNm14CARLOS LATORRE MD
IRS990/Form990PartVIISectionAGrp/PersonNm15ANITA S HENDERSON MD
IRS990/Form990PartVIISectionAGrp/PersonNm16JENNIFER J BRYAN MD
IRS990/Form990PartVIISectionAGrp/PersonNm17SON LAM MD
IRS990/Form990PartVIISectionAGrp/PersonNm18JANTHONY CLOY MD
IRS990/Form990PartVIISectionAGrp/PersonNm19CLAUDE BRUNSON MD
IRS990/Form990PartVIISectionAGrp/PersonNm20MARCUS GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm21R DAVID ROBERTS III
IRS990/Form990PartVIISectionAGrp/PersonNm22DOMINICA THAMES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO, MPCN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5RESIDENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE, STUDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13YPS REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SPEAKER
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18MPHP MEDICAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF ACCOUNTING, MP
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF GOV. ACT
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR OF BUSINESS MANAG
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MissionDesc0A 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.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/ProgramServiceRevenueGrp/Desc0REIMBURSED EXPENSES AN
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IRS990/ProgramServiceRevenueGrp/Desc2ANNUAL SESSION
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4JOURNAL PUBLICATION
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1550101
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1550101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2172650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3118785

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