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Filing year 2023

SOUTH CAROLINA MEDICAL ASSOCIATION MEMBERS' INSURANCE TRUST

Columbia, South Carolina·EIN 91-1839164·NTEE Y43 · Mutual & Membership Benefit·9
Total revenue
$28.3M
Total assets
$26.6M
Total expenses
$29.3M
Reported officers
9
Mission

TO PROVIDE MEDICAL AND DENTAL BENEFITS AND LIFE INSURANCE BENEFITS COVERING MEMBERS OF THE MEDICAL PROFESSION AND THEIR FULL-TIME EMPLOYEES.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

Clo
officer (unspecified)
$45k
$50k
Cfo/coo
officer (unspecified)
$45k
$49k
VP of IT
vice president
$36k
$39k
Executive Director - Mit
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Up 22%
from 2022

From $37k in 2022 to $45k in 2023.

$37k
2022
$45k
2023
In today's dollarsEst.
Up 16% in real terms$43k to $50k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTH CAROLINA MEDICAL ASSOCIATION MEMBERS' INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$28.3M
$30M
2022
$28.3M
$29.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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