NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT TRUST
Pub 78

NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT TRUST
Pub 78

Raleigh, NC, US
501(c)
EIN
56-2096193

NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT TRUST
Pub 78

Raleigh, NC, US
501(c)
EIN
56-2096193

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$47,837,781

Program Services
97%
Other
2%
Investments
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$52,613,797

Benefits to Members
87%
Fees to Service Providers
13%
Grants
<1%
Other
<1%
Offices, Occupancy & IT
<1%
Salaries & Benefits
<1%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$44,479,035
$46,380,305
+4%
Membership Dues
$0
$0
-
Investments
$731,556
$636,265
-13%
Other
-$44,157
$821,211
-1960%
Total Revenues
$45,166,434
$47,837,781
+6%
Expenses
2023
2024
Change
Grants
$113,600
$107,600
-5%
Benefits to Members
$42,223,384
$45,649,234
+8%
Salaries & Benefits
$8,000
$4,500
-44%
Fees to Service Providers
$6,674,581
$6,771,909
+1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$11,899
$17,254
+45%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$191,453
$63,300
-67%
Total Expenses
$49,222,917
$52,613,797
+7%
Net income
2023
2024
Change
Net income
-$4,056,483
-$4,776,016
-18%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$49,222,917
$52,613,797
+7%
Income Statement
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