Public Charity

SOMC MEDICAL GROUP PC

SOMC MEDICAL GROUP PC, of EDISON, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $16.5M in revenue, $16.5M in expenses, $4.3M in total assets. 5 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.

EIN: 271412183 EDISON, NJ Group Health Practices NTEE: E31 Latest filing: 2024
Total Revenue$16.5M
Total Expenses$16.5M
Total Assets$4.3M
Grant Records5
Funding Total$4.3M
Filing Years2019–2024

Mission

SEE SCHEDULE O

Where $100 goes at Somc Medical Group PC

How Somc Medical Group PC divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
Providing medically necessary healthcare services directly to patients through the physicians employed by the corporation
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT & TREASURER James Clarke Md
VICE PRESIDENT & SECRETARY Kenneth N Sable Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$4,306,281 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $16.5M $16.5M $4.3M
2023 $15.3M $15.3M $3.7M
2022 $15.4M $15.4M $3.7M
2020 $17.6M $17.6M $3.2M
2019 $12.5M $12.5M $1.2M

Between 2019 and 2024, reported annual revenue grew from $12.5M to $16.5M (+32%), with total assets most recently reported at $4.3M.

Interactive year-over-year charts and full filing details available with membership.

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