2018-11-15T13:22:51-06:00 2017-12-31 560747981 DIXON HUGHES GOODMAN LLP 525 EAST BAY STREET SUITE 100 CHARLESTON SC 29403 990 2017-01-01 570288358 MEDICAL SOCIETY OF SOUTH CAROLINA MEDI 8437891798 69B BARRE ST CHARLESTON SC 29401 JOHN HOLLOWAY JR CHIEF EXECUTIVE OFFICER 8437891798 2018-11-14 1 HARMONY ROMO P01361110 8437226443 2018-11-14 4.35.195.161 2018-11-14 15:18:19 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 56F43482B43EE7B3810A846471F5493E1013BAFD 2017 2018-06-14 16:35:46Z JOHN HOLLOWAY JR 69B BARRE ST CHARLESTON SC 29401 102692599 0 X WWW.MEDSOCIETYSC.COM X 1789 SC TO IMPROVE THE HEALTH OF OUR COMMUNITY THROUGH CLINICAL EXCELLENCE. 14 7 2 7 0 0 23324 17270 0 0 4332120 -2698285 4029898 5097180 8385342 2416165 7261226 4410671 0 0 459152 478764 0 0 0 5250511 6734555 12970889 11623990 -4585547 -9207825 494373610 521335021 92432273 92984616 401941337 428350405 X THE MEDICAL SOCIETY OF SOUTH CAROLINA IS AN ORGANIZATION OF PHYSICIANS DEDICATED TO IMPROVING THE HEALTH OF OUR COMMUNITY THROUGH CLINICAL EXCELLENCE, SUPPORT AND PARTICIPATION IN ROPER SAINT FRANCIS HEALTH CARE AND OTHER ENDEAVORS, WITH GOOD STEWARDSHIP OF THE SOCIETY'S FINANCIAL AND HUMAN RESOURCES, WHILE ADHERING TO THE HIGHEST ETHICAL STANDARDS AS EXEMPLIFIED BY THE HIPPOCRATIC TRADITION. 0 0 10230649 4410671 INCOME IS DESIGNATED FOR THE CONTINUING SUPPORT OF THE CAREALLIANCE HEALTH SERVICE'S MISSION IN THE COMMUNITY. THE MEDICAL SOCIETY OF SC PARTICIPATES IN GRANT MAKING PROGRAMS IN THE COMMUNITY IN COORDINATION WITH THE HOSPITAL SYSTEM WHICH PROVIDE FUNDING TO BE USED TOWARDS EDUCATION IN THE MEDICAL FIELD. IN ADDITION, THE MEDICAL SOCIETY PROVIDES FUNDING FOR UPGRADES AND IMPROVEMENTS TO THE HOSPITAL SYSTEM.LASTLY, THE MEDICAL SOCIETY PROCURES AND CONSTRUCTS PROPERTIES WHICH ARE UTILIZED BY THE HOSPITAL SYSTEM TO FURTHER ITS MISSION TO HEAL ALL PEOPLE WITH COMPASSION, FAITH, AND EXCELLENCE 10230649 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 8 0 1 2 1 0 0 OC CJ 0 0 0 0 0 0 0 0 X 14 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X DEBRA LEE 8437891798 69 B BARRE STREET CHARLESTON SC 29401 STANLEY M WILSON MD IMMEDIATE PAST PRESIDENT 1.00 X 0 391408 116369 JOHN SPRATT MD PRESIDENT 1.00 X X 0 796890 70102 WILLIAM C CARTER III MD VICE PRESIDENT 1.00 X X 0 20135 0 J RICK MCEVOY MD SECRETARY/TREASURER 1.00 X X 0 0 0 BRIAN G CUDDY MD DIRECTOR 1.00 X 0 983777 59663 JOHN CORLESS MD DIRECTOR 1.00 X 0 0 0 NORWOOD B HAMILTON MD DIRECTOR 1.00 X 0 0 0 SUSAN DATTA DIRECTOR 1.00 X 0 248779 58218 IAN Y MARSHALL MD DIRECTOR 1.00 X 0 23589 0 HUGH D DURRENCE MD DIRECTOR 1.00 X 0 0 0 WILLS C GEILS MD DIRECTOR 1.00 X 0 31934 0 MARY THORNLEY EDD DIRECTOR 1.00 X 0 0 0 GENE SAYLORS MD DIRECTOR 1.00 X 0 0 0 EDWARD MCNELLIS DIRECTOR 1.00 X 0 0 0 JOHN B HOLLOWAY JR CHIEF EXECUTIVE OFFICER 40.00 X 385871 0 33263 385871 2496512 337615 1 0 1 0 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 PORTFOLIO MANAGMENT 328558 1 17270 17270 2032784 2032784 5097180 0 5097180 5097180 5097180 95545365 100276434 -4731069 -4731069 -4731069 2416165 0 0 2398895 4069898 4069898 340773 340773 385871 308697 77174 73768 73768 19125 12845 6280 67650 67650 113950 113950 1028828 1028828 72028 62628 9400 31521 31521 12910 12910 95355 95355 215 215 95001 95001 3378751 3378751 1797665 1797665 40662 24390 16272 FOREIGN TAXES 19 19 11623990 10230649 1393341 0 54097361 62259880 65321282 7918433 59053811 57402849 159266844 163605441 221711860 229294600 243734 8772251 494373610 521335021 1592228 3796466 90840045 89188150 92432273 92984616 X 401941337 428350405 401941337 428350405 494373610 521335021 X -9207825 28034153 7582740 X 0 1 X 1 0 X X 4 ROPER HOSPITAL 570828733 3 1 6097729 0 CAREALLIANCE HEALTH SERVICES 570831165 3 1 0 0 BON SECOURS- ST FRANCIS HOSPITAL 571067254 3 1 0 0 ROPER ST FRANCIS MT PLEASANT HOSPITAL 570360499 3 1 0 0 4 6097729 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION E, LINE 2A MSSC PROVIDES SUPPORT TO THE ROPER ST.FRANCIS HEALTHCARE SYSTEM, CONSISTING OF CAREALLIANCE HEALTH SERVICES, ROPER HOSPITAL, INC., BON SECOURS ST.FRANCIS HOSPITAL, ROPER ST.FRANCIS MT.PLEASANT HOSPITAL, ROPER ST.FRANCIS HOSPITAL BERKELEY, ROPER ST.FRANCIS FOUNDATION, AND ROPER ST.FRANCIS PHYSISCIANS NETWORK. THE MISSION OF EACH ORGANIZATION, EXCLUDING THE FOUNDATION, IS TO HEAL ALL PEOPLE WITH COMPASSION, FAITH, AND EXCELLENCE. THE FOUNDATION'S MISSION IS TO ADVANCE THE AFOREMENTIONED MISSION THROUGH PHILANTHROPY. UPON THE CREATION OF CAREALLIANCE HEALTH SERVICES, $15,000,000 WAS TRANSFERED FROM ROPER CAREALLIANCE AND ROPER HOSPITAL TO MSSC. MSSC SEGREGATED THESE FUNDS INTO MULTIPLE ACCOUNTS DESIGNATED AS THE ENDOWMENT FUND. THESE FUNDS WERE TO BE INVESTED AND USED FOR THE SUPPORT OF THE ROPER ST.FRANCIS HEALTHCARE GROUP. AT THE END OF 2017, MSSC HAD MADE VARIOUS CONDITIONAL PROMISES TO PROVIDE FUNDING TOWARDS ROPER ST.FRANCIS CAPITAL PROJECTS TOTALING $2,309,221, OF WHICH $2,192,000 WAS PAID DURING THE YEAR. IN ADDITION, $6,313,971 HAS BEEN PLEDGED TOWARDS ELECTRONICS HEALTH RECORDS PROJECTS, OF WHICH $860,980 WAS PAID DURING THE YEAR. ADDITIONALLY, MSSC PROVIDED GRANTS TOTALING $56,000 TO THE ROPER ST.FRANCIS FOUNDATION. SAID FUNDS WERE TO BE USED TO SUPPORT HEARTSAVE AND NEW AED UNITS IN SCHOOLS, CHURCHES, STADIUMS AND OTHER PUBLIC PLACE ACROSS BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. PART IV, SECTION E, LINE 2B ALL ACTIVITIES LISTED ABOVE ARE ALL ACTIVITIES WHICH ULTIMATELY FURTHER THE MISSION OF EACH ORGANIZATION UNDER THE ROPER ST.FRANCIS HEALTHCARE SYSTEM. THE MEDICAL SOCIETY HOLDS TITLE TO SEVERAL EXEMPT USE PROPERTIES USED BY THE ROPER HOSPITAL GROUP INCLUDING A DATA CENTER AND 4 MEDICAL OFFICE BUILDINGS, ONE WHICH IS CURRENTLY UNDER CONSTRUCTION IN BERKELEY COUNTY. THE ROPER GROUP ULTILIZED THE BALANCE SHEET OF THE MEDICAL SOCIETY TO PROCURE AND CONSTRUCT THESE EXEMPT USE PROPERTIES. AS OF AUGUST, 2016, THERE IS A MASTER LEASE AGREEMENT WITH ROPER SAINT FRANCIS HOSPITAL COVERING ALL PROPERTIES HELD BY THE MEDICAL SOCIETY. THE LEASE AMOUNT IS 1:1 COVERAGE FOR THE REVENUE BOND AMORTIZATION ON THE OUTSTANDING BONDS. ONCE THE LEASE CONCLUDES AND ALL PAYMENTS HAVE BEEN MADE, THE PROPERTIES WILL THEN BECOME PROPERTY OF THE ROPER SAINT FRANCIS HOSPITAL GROUP. IN ADDITION, DURING 2017 THE MEDICAL SOCIETY PROVIDED ANNUAL SCHOLARSHIPS TO NURSES TOTALING $150,000, AND MEDICAL STUDENT SCHOLARSHIPS TOTALING $310,773. ONE OF THE DESIRED GOALS OF THESE SCHOLARSHIPS IS TO INCENTIVIZE NURSES AND MEDICAL STUDENTS TO REMAIN IN THE LOWCOUNTRY AND SERVE AS FUTURE EMPLOYEES OF THE ROPER SAINT FRANCIS HOSPITAL GROUP. PART IV, SECTION D, LINE 3 THE BOARD OF DIRECTORS FOR EACH OF THE SUPPORTED ORGANIZATIONS WITHIN THE VERTICALLY INTEGRATED NOT-FOR-PROFIT HEALTH CARE SYSTEM, HEREIN REFERED TO AS ROPER ST.FRANCIS CONSISTS OF 13 TOTAL MEMBERS EACH. 6 OF THE MEMBERS ON EACH BOARD ARE APPOINTED BY THE MEDICAL SOCIETY OF SOUTH CAROLINA AND ALSO SERVE ON THE BOARD OF THE MEDICAL SOCIETY ITSELF. DUE TO THE INTEGRATION OF THE MEDICAL SOCIETY BOARD MEMBERS WITHIN EACH OF THE SUPPORTED ORGANIZATIONS BOARDS, THERE IS A HIGH LEVEL OF COMMUNICATION WHICH OFFERS INSIGHT INTO THE NEEDS OF ALL SUPPORTED ORGANIZATIONS. THE MEDICAL SOCIETY IS THEN ABLE TO MEET THESE NEEDS. 3288691 3288691 59171008 7306361 51864647 2769934 589601 2180333 91649 22471 69178 57402849 INVESTMENTS IN AFFILIATES 229294600 C 229294600 X 37057990 28034153 7582740 35616893 1441097 975068 975068 2416165 10648922 0 10648922 975068 975068 11623990 PART X, LINE 2: ALTHOUGH MSSC IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES, IT EVALUATES WHETHER THERE ARE ANY UNCERTAIN TAX POSITIONS THAT FAIL TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD FOR RECOGNITION IN THE FINANCIAL STATEMENTS. UNCERTAIN TAX POSITIONS MAY INCLUDE THE CHARACTERIZATION OF INCOME, SUCH AS A CHARACTERIZATION OF INCOME AS PASSIVE, A DECISION TO EXCLUDE REPORTING TAXABLE INCOME IN A TAX RETURN, OR A DECISION TO CLASSIFY A TRANSACTION, ENTITY, OR OTHER POSITION IN A TAX RETURN AS TAX EXEMPT. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. MSSC HAD NO UNRECOGNIZED TAX POSITIONS AS OF DECEMBER 31, 2017 AND 2016, AND DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL MATERIALLY INCREASE WITHIN THE NEXT 12 MONTHS. TAX YEARS FROM 2014 THROUGH 2016 ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. SPE FAYSSOUX IS A DISREGARDED ENTITY FOR PURPOSES OF FEDERAL INCOME TAXES. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS AS INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SHARE OF EARNING OF AFFILIATE 7,582,740. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES CAPTURED IN EXPENSES 975,068. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES CAPTURED IN EXPENSES 975,068. 1 BARRIER ISLANDS FREE MEDICAL CLINIC 3226 MAYBANK HIGHWAY JOHNS ISLAND SC 29455 205628911 501(C)(3) 85000 GENERAL OPERATING SUPPORT FOR THE 4,000+ PATIENTS SEEN AT THE CLINIC ANNUALLY. ROPER ST FRANCIS HEALTHCARE FOUNDATION 315 CALHOUN ST 107 CHARLESTON SC 29401 571068509 501(C)(3) 201000 TO SUPPORT THE HEARTSAVE AED PROGRAM IN ORDER TO PURCHASE AUTOMATIC EXTERNAL DIFIBULATORS AND TO PROVIDE FUNDS FOR NURSING SCHOLARSHPS. ITN CHARLESTON TRIDENT TRANSPORT NETWORK SENIOR RIDE CHARLESTON 2150 EAGLE DRIVE BUILDING 100 NORTH CHARLESTON SC 29406 202311192 501(C)(3) 10000 TO PROVIDE TRANSPORTATION TO SENIORS, 60+, WHO CAN NO LONGER DRIVE, AND THOSE WITH VISUAL IMPAIRMENTS. CAMP RISE ABOVE (SUMMERHOUSE INC) 2385 CROSS TIMBERS DRIVE MT PLEASANT SC 29464 270545990 501(C)(3) 12500 FOR FUNDRAISING AND MARKETING TOOLS AND INVESTMENTS FOR ANNUAL SUMMER CAMPS HELD FOR CHILDREN WITH VARIOUS CHRONIC ILLNESSES. OUR LADY OF MERCY COMMUNITY OUTREACH PO BOX 607 JOHNS ISLAND SC 29457 570905488 501(C)(3) 20000 TO SUPPORT THE FREE DENTAL CLINIC, WHICH PROVIDES FREE COMPREHENSIVE DENTAL SERVICES TO LOW-INCOME, UNINSURED RESIDENTS OF JAMES, JOHNS, AND WADMALAW ISLANDS. CHARLESTON COUNTY SCHOOL DISTRICT 75 CALHOUN ST CHARLESTON SC 29401 501(C)(3) 45000 TO SUPPORT THE "SCHOOL WELLNESS INITIATIVE," WHICH IS GEARED TO IMPROVE NUTRITION AND INCREASE PHYSICAL ACTIVITY IN SCHOOLS THROUGH A PROVEN, EFFECTIVE MODEL. CLOSING THE GAP IN HEALTHCARE INC 3951 WEST MONTAGUE AVE NORTH CHARLESTON SC 29418 522450102 501(C)(3) 25000 TO SUPPORT ACTIVITES SUCH AS HEALTH EDUCATION AND PROGRAMMING TO DECREASE HEALTH DISPARATIES AND INCREASE HEALTH LITERACY AMONG AFRICAN AMERICAN COMMUNITIES. DARKNESS TO LIGHT 1064 GARDNER ROAD STE 210 CHARLESTON SC 29407 571095108 501(C)(3) 10000 FUNDS FOR "CHILD SEXUAL ABUSE MEDICAL CERTIFICATION," A PILOT TRAINING FOR SELECT MEDICAL PERSONNEL, INCLUDING THOSE AT PEDIATRIC, PSYCHIATRIC AND GENERAL PRACTITIONER PRACTICES. FRIENDS OF THE CHARLESTON CENTER PO BOX 20762 CHARLESTON SC 29413 813335665 501(C)(3) 15000 TO SUPPORT PROGRAMMING FOR THE "THERAPEUTIC ENVIRONMENT ENHANCEMENT PROJECT," A CAMPAIGN TO ADDRESS SPECIFIC IDENTIFIED NEEDS THAT WILL PROMOTE THE THERAPEUTIC ENVIRONMENT FOR CLIENTS SEEKING SERVICES AND RECOVERY. ARK OF SC PO BOX 1540 SUMMERVILLE SC 29484 471350098 501(C)(3) 20000 TO SUPPORT ALZHEIMER'S PROGRAMMING FOR THE TRI-COUNTY AREA, WHICH INCLUDES GROUP SOCIAL RESPITE, CAREGIVER SUPPORT AND CONSULTATIONS, COMMUNITY EDUCATION AND OUTREACH IN RURAL COMMUNITIES. LOWCOUNTRY AQUATIC PROJECT SWIMMING INC PO BOX 2416 MT PLEASANT SC 29465 814634465 501(C)(3) 25000 TO DEFRAY COSTS FOR THE 2016-2017 SCHOOL YEAR TO HELP SUPPORT TRAINING OF INSTRUCTORS, INCLUDING ON-GOING PROFESSIONAL DEVELOPMENT, FREE WATER SAFETY AND INSTRUCTION FOR STUDENTS, TRANSPORTATION TO AND FROM SCHOOLS AND ALL SWIM AIDS. EAST COOPER MEALS ON WHEELS INC PO BOX 583 MT PLEASANT SC 29465 570804618 501(C)(3) 30000 FUNDS TO SUPPORT THE "FOOD IS MEDICINE" PROGRAM TO PROVIDE SPECIAL HEALTHY SENIOR DIETARY MEALS TO HOMEBOUND SENIORS IN NEED. ONE80 PLACE PO BOX 20038 CHARLESTON SC 29413 570789483 501(C)(3) 110864 TO FUND TWO NURSES FOR THE HOMELESS HEALTH CLINIC TO PROVIDE HEALTHCARE TO HOMELESS INDIVIDUALS AND TO MANAGE TRAINING OPPORTUNITIES FOR MEDICAL AND NURSING STUDENTS. DEE NORTON LOWCOUNTRY CHILDREN'S CENTER 1061 KING ST CHARLESTON SC 29403 570905724 501(C)(3) 1000000 FOR THE ABOVE AND BEYOND CAMPAIGN TO EXPAND THE CAPACITY TO PROVIDE FORENSIC INTERVIEWS FOR APPROXIMATELY 2,000 ADDITIONAL CHILDREN EACH YEAR. HEART ARTIST GUILD & THEATRE COMPANY 754 RUTLEDGE AVE CHARLESTON SC 29403 501(C)(3) 15000 FUNDS TO PARTNER WITH REDUX CONTEMPORARY ART CENTER AND FACILITATE THE INTEGRATION OF ARTISTS WITH DEVELOPMENTAL DISABILITIES INTO THE ART COMMUNITY. SHIFA CLINIC (ICNA RELIEF) 1092 JOHNNIE DODDS BLVD STE 108 MT PLEASANT SC 29464 043810161 501(C)(3) 30000 TO SUPPORT THE HIRING OF TWO PART-TIME NURSE PRACTITIONERS IN PEDIATRICS AND PRIMARY CARE TO CONTINUE THE WORK OF THE "HEALTHY FAMILIES, HEALTHY COMMUNITIES" PROGRAM. DORCHESTER CHILDREN'S ADVOCACY CENTER 303 EAST RICHARDSON AVE SUMMERVILLE SC 29483 571078099 501(C)(3) 500000 TO PROVIDE FUNDS FOR THE TREATMENT OF ABUSED CHILDREN IN DORCHESTER COUNTY AND PARTS OF BERKELEY AND CHARLESTON COUNTIES. TRIDENT TECHNICAL COLLEGE 7000 RIVERS AVE CHARLESTON SC 29423 30000 TO PROVIDE FUNDS FOR NURSING SCHOLARSHIPS FOR STUDENTS SELECTED BY TRIDENT TECHNICAL COLLEGE ROPER ST FRANCIS HEALTHCARE 315 CALHOUN ST 107 CHARLESTON SC 29401 501(C)(3) 1637947 CAPITAL PROJECTS AND GENERAL OPERATING FUNDS 17 MEDICAL SCHOLARSHIP PROGRAM 13 310773 PART I, LINE 2: GRANTEE SHALL MAKE PERIODIC NARRATIVE REPORTS TO THE SOCIETY, ON THE DATE(S) SPECIFIED IN THE SPECIAL CONDITIONS OF THE GRANT AGREEMENT, SETTING FORTH IN SUFFICIENT DETAIL THE FUND AVAILABLE FOR THE PROJECT OR PROGRAM, ACTUAL EXPENSES INCURRED, ENCUMBRANCES, UNEXPENDED FUND BALANCE, AND OTHER RELEVANT FACTS, AND SHALL RETAIN IN ITS FILES THE SUPPORTING DOCUMENTATION FOR SUCH REPORTS FOR 4 YEARS FOLLOWING COMPLETION OF THE PROJECT OR PROGRAM. THE SOCIETY RESERVES THE RIGHT TO AUDIT OR HAVE AUDITED AT ITS OWN EXPENSE THE RECORDS OF GRANTEE IN SO FAR AS SUCH RECORDS RELATED TO THE DISPOSITION OF THE FUNDS APPROPRIATED TO GRANTEE BY THE SOCIETY. X X X X X 0 0 0 0 0 0 0 1 0 STANLEY M WILSON MD IMMEDIATE PAST PRESIDENT 0 380601 0 0 0 10807 0 95646 0 20723 0 507777 0 0 JOHN SPRATT MD PRESIDENT 0 768453 0 17600 0 10837 0 37212 0 32890 0 866992 0 0 BRIAN G CUDDY MD DIRECTOR 0 935066 0 36170 0 12541 0 34512 0 25151 0 1043440 0 0 SUSAN DATTA DIRECTOR 0 230589 0 9130 0 9060 0 30478 0 27740 0 306997 0 0 JOHN B HOLLOWAY JR CHIEF EXECUTIVE OFFICER 305871 0 80000 0 0 0 16512 0 16751 0 419134 0 0 0 PART I, LINE 7 JOHN HOLLOWAY, JR'S 2017 COMPENSATION STATEMENT INCLUDES A BONUS OF $80,000. THE DETERMINATION OF THE BONUS AMOUNT WAS DISCRETIONARY. A SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY 570960018 83704AAA0 2016-07-27 69287548 REFINANCE EXISTING LOANS AND FOR CAPITAL EXPENITURES OF FAYSSOUX PROPERTIES 0 0 0 A 69287548 960652 60244820 8082076 0 0 0 1 A 1 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 CONSISTENT WITH THE PRIMARY MISSION OF THE SOCIETY, MEMBERSHIP SHALL INCLUDE ONLY THOSE PHYSICIANS WHO ACTIVELY SUPPORT THAT MISSION. INTERNS, RESIDENTS, AND OTHERS IN TRAINING SERVICE SHALL NOT BE ELIGIBLE FOR MEMBERSHIP. PHYSICIANS ON ACTIVE OR COMMUNITY ACTIVE STAFF OF ANY OF THE HOSPITALS IN THE GROUP ARE ELIGIBLE. THE CLASSES OF MEMBERSHIP INCLUDE FULL MEMBERS, HONORARY FELLOWS, SENIOR MEMBERS, AFFILIATE MEMBERS, AND RETIRED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A NEW DIRECTORS SHALL BE PROPOSED BY PRESENT DIRECTORS OR THE MEMBERSHIP AT LARGE AND ELECTED BY THE MEMBERSHIP AT A REGULAR MEETING OF THE MEMBERSHIP. A FAVORABLE MAJORITY VOTE OF THE MEMBERS PRESENT AND VOTING AT SUCH MEETING SHALL BE NECESSARY TO ELECT A PROPOSED DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO THE POWERS RESERVED TO THE MEMBERSHIP IN THE ARTICLES, THE BOARD SHALL EXERCISE THE SOCIETYS VETO AS A CAREALLIANCE HEALTH SERVICES FOUNDING MEMBER TO DEFEAT ANY RESOLUTION OF THE CAHS BOARD RELATED TO THE DISSOLUTION AND LIQUIDATION OF THE CAHS UNTIL THE MEMBERSHIP BY MAJORITY VOTE HAS APPROVED SUCH RESOLUTION RELATED TO DISSOLUTION AND LIQUIDATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WHICH IS PREPARED BY AN INDEPENDENT ACCOUNTANT IS PROVIDED FOR REVIEW BY ALL BOARD MEMBERS AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING WITH THE IRS. ANY BOARD MEMBERS WHO ARE UNABLE TO ATTEND THE MEETING ARE SENT A COPY OF THE FORM 990 BY CERTIFIED MAIL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. ALSO, BOARD MEMBERS ARE INFORMED ANNUALLY OF HOW TO REPORT A POTENTIAL CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE BOARD SHALL DETERMINE WHETHER THE SOCIETY CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABALE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SOCIETY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 15 AN ATTORNEY WAS USED TO DRAW UP AN INDEPENDENT COMPENSATION CONTRACT FOR THE CEO POSITION. THIS CONTRACT IS IN EFFECT FOR THREE YEARS. THERE IS A COMPENSATION COMMITTEE THAT REVIEWS THE COMPENSATION CONTRACT AND THE BOARD APPROVES THE CONTRACT. IN ADDITION, A COMPARABILITY STUDY IS USED TO DETERMINE THE APPROPRIATE COMPENSATION FOR THE ORGANIZATIONS OFFICERS. FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST AT THE ADMINISTRATION OFFICE. FORM 990, PART XI, LINE 9: SHARE OF EARNINGS OF AFFILIATE 7,582,740. SPE FAYSSOUX PROPERTIES LLC 69B BARRE ST CHARLESTON SC 29401 812511368 HOLDS RENTAL PROPERTIES & ADMINISTERS BOND FUNDS SC 82493 91419888 MEDICAL SOCIETY OF SOUTH CAROLINA CAREALLIANCE HEALTH SERVICES 315 CALHOUN ST CHARLESTON SC 29401 570831165 HEALTH-GENERAL & REHABILITATIVE SC 501(C)(3) LINE 3 ROPER SAINT FRANCIS HEALTHCARE 0 ROPER HOSPITAL INC 315 CALHOUN STREET 107 CHARLESTON SC 29401 570828733 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 BON SECOURS ST FRANCIS HOSPITAL 315 CALHOUN STREET 107 CHARLESTON SC 29401 571067254 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS MT PLEASANT HOSPITAL 315 CALHOUN STREET 107 CHARLESTON SC 29401 570360499 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS HOSPITAL - BERKELEY 315 CALHOUN STREET 107 CHARLESTON SC 29401 263710229 HEALTHCARE (FUTURE) SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS PHYSICIANS NETWORK 125 DOUGHTY STREET 760 CHARLESTON SC 29403 262946628 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS FOUNDATION 315 CALHOUN STREET 107 CHARLESTON SC 29401 571068509 SUPPORTING ORG SC 501(C)(3) LINE 12B, II CAREALLIANCE 0 CAREALLIANCE MEDICAL SERVICES ORGANIZATION 225 DOUGHTY STREET CHARLESTON SC 29403 571012837 INACTIVE SC N/A C 1.00000 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0