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SOMC Medical Care Foundation INC

Public charity
DBA: % TREASURY SERVICES DEPARTMENT
Other · PORTSMOUTH, OH · EIN 31-1374523

About

We will make a difference. At SOMC, our mission is to make a difference. We strive to live out that mission by providing our region with the highest quality of care, delivered by professionals who are among the BEST in their fields. We extend that care and passion to make a difference in the community by being a very good neighbor, employer, and community supporter. SOMC medical care foundation is organized and operates exclusively for charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, or ANY successor statute by rendering ANY type of professional service in the practice of medicine or surgery or ANY of its branches, authorized under chapter 4731 of the OHIO revised code, for the benefit of SOMC, an OHIO NON-profit corporation including (a) providing medical, surgical and other health care and treatment of the SICK, disabled, and injured, regardless of race, color, religion, national origin, AGE, handicap, SEX, or the ability to pay for services; (b) conducting educational activities related to healthcare and treatment of the SICK, disabled, injured and to promote and carry on medical, scientific and clinical research related to health care and treatment of the SICK, disabled, and injured; and (c) engaging in ANY lawful activities for which corporations may be formed under chapter 1785 of the OHIO revised code that are not consistent with the foregoing.

In care of Treasury Services Department

Donations are tax-deductible
Category
Other
Employees
244
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$53.7M
Expenses
$104.7M
Assets
$16.7M
Liabilities
$19.3M

Financial history

$104.7M$52.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $53.7M · Avg: $37.5M
SOMC MEDICAL CARE FOUNDATION INC
Your actions

Address

1248 Kinneys LN
Portsmouth, OH, 45662-292

Governance

Voting board members10
Independent members0
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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