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Musc Strategic Ventures

Fiscal year ending 2018. Filed on May 22, 2019.

169 Ashley Avenue
Charleston, South Carolina 29425

Musc Strategic Ventures (EIN: 30-0895040) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2018 IRS Form 990 filing, Musc Strategic Ventures, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $492,820. The highest compensated employee at Musc Strategic Ventures is Patrick Cawley with fiscal year 2018 compensation of $929,209.

Revenue, expenses, and employee compensation

Revenue

$7,292,776

Expenses

$4,244,687

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Cawley
Chief Executive Officer and Director
$929,209
$0 $872,367 $56,842
Scott Reeves
Director
$491,025
$0 $440,025 $51,000
Donna Johnson
Director
$487,242
$0 $436,242 $51,000
David Cole
Director
$393,643
$0 $313,643 $80,000
Mark Sweatman
Secretary
$162,981
$0 $128,820 $34,161

Benchmark Employee Compensation

Non-Employee Board Members

Don Johnson II
Chair and Director
$420
$0 No related comp$420
Everard Rutledge
Director
$400
$0 No related comp$400
Charles Schulze
Director
$385
$0 No related comp$385
Thomas Stephenson
Director
$350
$0 No related comp$350

Mission Statement

TO PROMOTE AND SUPPORT THE EDUCATIONAL, MEDICAL, SCIENTIFIC AND RESEARCH PURPOSES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "MUSC", AND UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "UMA", INCLUDING THEIR COLLABORATIONS WITH MEDICAL UNIVERSITY HOSPITAL AUTHORITY "MUHA; TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE TAX-EXEMPT PURPOSES OF MUSC AND UMA, AND ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA; ANDTO PROMOTE, ESTABLISH, CONDUCT AND MAINTAIN ACTIVITIES ON ITS OWN BEHALF, OR IN COLLABORATIONS OR VENTURES WITH OTHERS, AS SUCH MAY CONTRIBUTE TO OR OTHERWISE SUPPORT AND ASSIST MUSC OR UMA, OR ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA, ALL IN ACCORDANCE WITH LAW AND REQUIREMENTS UNDER THE MEANING OF SECTION 501(C)(3) OF THE IRC AND SHALL NOT CARRY ON ANY ACTIVITY NOT PERMITTED UNDER SUCH STATUTE.

Revisions to this organization profile

May 14, 2024:
2023 Musc Strategic Ventures 990 filed
May 15, 2023:
2022 Musc Strategic Ventures 990 filed
May 13, 2022:
2021 Musc Strategic Ventures 990 filed

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