EIN 56-0320130

North Carolina Medical Society

IRS 501(c) type
501(c)(6)
Num. employees
36
Year formed
1859
Most recent tax filings
2023-12-01
NTEE code, primary
Description
North Carolina Medical Society is an organization of medical professionals that advances medical science. It was founded in 1849 and has over 12,000 members today. The society offers an employee benefits plan specifically for North Carolina physicians.
Also known as...
N C Medical Society
Total revenues
$4,885,420
2023
Total expenses
$5,971,747
2023
Total assets
$12,696,953
2023
Num. employees
36
2023

Program areas at North Carolina Medical Society

The oldest professional organization within the state. The North Carolina Medical Society (ncms) began in 1849 when 25 physicians united to advance Medical science and to raise the standards for their profession. Today, we are more than 10,000 strong and champion the same goals and ideals while representing the interests of physicians and protecting the quality of patient care.
Last year, we received funding from the North Carolina department of health and human services (ncdhhs) in the amount of $1,500,000. Funds in the amount of $951,527 were disbursed to the neuroimmune foundation in calendar year 2022. In december of 2022, the ncms completed a contract with stanford and disbursed $508,762 in funds to stanford university the first week of january 2023. Ncms expenses related to this grant were $39,711. The North Carolina Medical Society (ncms) is monitoring expenditures according to the grant contract and budget on a quarterly basis.
The North Carolina Medical Society employee benefit plan (ncms plan) is the only statewide employee benefits plan designed specifically for North Carolina physicians as a benefit of Society membership.

Grants made by North Carolina Medical Society

GranteeGrant descriptionAmount
Stanford UniversityTo Establish A Clinical Training Program With the Goal of Providing Comprehensive Instruction and Mentorship, Focused on the Development of Advanced Clinical Skills in the Diagnosis, Assessment, and Treatment of This Complex Patient Population.$508,762

Who funds North Carolina Medical Society

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Medical Society FoundationValue Based Educatio$200,000
American Medical AssociationDiabetes Prevention Research Grant$110,000

Personnel at North Carolina Medical Society

NameTitleCompensation
Hurshell E BaggettExecutive Vice President and Chief Executive Officer$300,841
Shawn ScottChief Operating Officer / Senior Vice President - Member Services and Business Operations / Senior Vice President , Member Services and Business Operations / Deputy Executive Vice President , Operations and Admi$201,966
Evan Simmons, MBAChief of Staff
Ashley Rodriguez, JDChief Legal Officer$185,612
Michelle LawsChief Experience Officer$187,461
...and 36 more key personnel

Financials for North Carolina Medical Society

RevenuesFYE 12/2023
Total grants, contributions, etc.$689,344
Program services$3,982,446
Investment income and dividends$233,796
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-91,189
Net gain from sale of non-inventory assets$71,023
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,885,420

Form 990s for North Carolina Medical Society

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122023-01-25990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 10 new personnel
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $110,000 from American Medical Association
August 6, 2023
Updated personnel
Identified 8 new personnel
July 14, 2023
Used new vendors
Identified 19 new vendors, including , , , , , , , , , , , , , , , , , , and
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
HealthScience and technologyBusiness and industry
Characteristics
MembershipsState / local levelReceives government fundingRelated 527
General information
Address
PO Box 27617
Raleigh, NC 27611
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
ncmedsoc.org/ 
Phone
(919) 833-3836
Facebook page
north-carolina-medical-society 
Twitter profile
@ncmedsoc 
IRS details
EIN
56-0320130
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1859
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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