Public Charity

SOMOS HEALTHCARE PROVIDERS INC

SOMOS HEALTHCARE PROVIDERS INC, of BRONX, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $21.8M in revenue, $32.9M in expenses, $44.7M in total assets. 2 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 472528627 BRONX, NY Public Health NTEE: E70 Latest filing: 2024
Total Revenue$21.8M
Total Expenses$32.9M
Total Assets$44.7M
Grant Records2
Funding Total$2.2M
Filing Years2019–2024

Mission

SOMOS HEALTHCARE PROVIDERS, INC. (SOMOS) PROMOTES AND SUPPORTS THE DELIVERY OF EXCEPTIONAL, HIGHLY ACCESSIBLE, PATIENT-CENTERED, CULTURALLY COMPETENT, PREVENTIVE, AND VALUE-BASED CARE FOR THE MOST UNDERSERVED COMMUNITIES IN NEW YORK BY BUILDING THE CAPACITY OF AN INDEPENDENT NETWORK OF HEALTHCARE AND SOCIAL CARE PROVIDERS. TO SUSTAIN THE NETWORK PROVIDERS' ABILITY TO ENGAGE IN EFFECTIVE, TARGETED PREVENTIVE AND WHOLE-PERSON CARE SOMOS SUPPORTS PROVIDER COLLABORATION, CAPACITY BUILDING, ENGAGES IN SOCIAL CARE NAVIGATION, CARE COORDINATION AND CARE MANAGEMENT, AND PROVIDES ROBUST DATA COLLECTION AND ANALYTICS THEREBY ALLOWING FOR COMPREHENSIVE EVALUATION OF INTEGRATED CARE PROGRAMS AND INITIATIVES.

Where $100 goes at Somos Healthcare Providers Inc

How Somos Healthcare Providers Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$90 Programs the work itself
$10 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 $90 for programs

$90
In 2024, SOMOS continued to build the capacity of network providers to engage in value-based care initiatives including practice transformation and capacity building; secure bidirectional exchanges and critical…
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.

Sample Grants Received

2024
CONNECT2CARE -UWNYC RECENTLY ESTABLISHED CONNECT2CARE, A HEALTH PARTNERSHIP WITH FIVE COMMUNITY-BASED ORGANIZATIONS ACROSS NYC. AIMING TO ENHANCE THESE ORGANIZATIONS CAPACITY FOR HEALTH-RELATED WORK, THE HEALTH EQUITY TEAM TRAINS THEIR STAFF IN HEALTH EQUITY AT THEIR JUSTICE AND OPPORTUNITY EVENTS, AND FUNDS FOOD-AS-MEDICINE SERVICES AT THEIR SITES.
$2,190,293
2020
GENERAL
$58,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

VP COMMUNICATIONS Anel Pla
MED. DIR. OF BUS. DEVELOP. Carlos Domingo Nunez
DIRECTOR David Zhang Md
CHIEF COMPLIANCE OFFICER Dean Carilli
VP OF HUMAN RESOURCES Elizabeth Dixon-Webb
DIRECTOR Francisco Rosario Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$2,190,293 1 grant
General Support
$58,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $21.8M $32.9M $44.7M
2023 $20.6M $42.9M $59.8M
2022 $77.5M $101.3M $87.0M
2020 $33.5M $96.6M $172.7M
2019 $104.8M $100.0M $238.3M

Between 2019 and 2024, reported annual revenue declined from $104.8M to $21.8M (-79%), with total assets most recently reported at $44.7M.

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

See the full picture for SOMOS HEALTHCARE PROVIDERS INC

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