CHARLESTON, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHARLESTON COUNTY MEDICAL SOCIETY, founded in 1952, is a small nonprofit that reported $537K in total revenue in fiscal year 2024. Revenue surged 603% from the prior year, signaling strong growth momentum. The organization ran a surplus of $442K, a strong 82% operating margin.
This older society was established in Charleston in 1789 with a view to developing a statewide membership. In 1848 it became one of the component district societies, which made up the South Carolina Medical Association (SCMA). When the districts of the state were divided into counties, the Medical Society of South Carolina assumed the status of a county society.In this capacity it continued to function until 1951. In that year the complexities of managing Roper Hospital, which it owned, had become sufficiently great enough that a new and independent group dedicated entirely to the organizational affairs of physicians and their patients was needed.The Charleston County Medical Society was created for that purpose and replaced the older society as the local unit of the South Carolina Medical Association while the Medical Society of South Carolina has continued to operate Roper Hospital, The SCMA is,in turn, a component of the American Medical Association (AMA). Thus it is through the loc
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $537,306 | $76,446 | +6.0% |
| Expenses | $95,102 | $86,585 | +0.1% |
| Net Income | $442,204 | $-10,139 | -44.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DONNA RAMICONE | Executive Dir. | 20.00 |
Officer
|
$16,083 | $0 | $16,083 |
| TRACEY WARING | Prev. Exec. Dir | 20.00 |
Officer
|
$9,000 | $0 | $9,000 |
| JUSTINE DeCASTRO MD | President-Elect | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NATALIE FRIEDIN MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAY DURST MD | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLEAVE HAM MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHUMA OBINEME MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCELO HOCHMAN MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HEIDI WILLIAMS MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANICE KEY MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHARYN OUZTS MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THADDEUS J BELL MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES TOLLEY MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDRE UFLACKER MD | Trustee | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $537,306 | $95,102 | $508,857 | $442,204 |
| 2020 | $405,376 | $395,399 | $39,178 | $9,977 |
| 2020 | $405,376 | $395,399 | $39,178 | $9,977 |
Compare CHARLESTON COUNTY MEDICAL SOCIETY with other nonprofits in South Carolina and across the country.