What is Somc Medical Group Pc's total revenue?

Somc Medical Group Pc reported total revenue of $15.3M for tax year 2023 on its IRS Form 990, against $15.3M in total expenses.

What are Somc Medical Group Pc's total assets?

Somc Medical Group Pc reported total assets of $3.7M and net assets of $-196K on its FY2023 IRS Form 990.

Where can I find Somc Medical Group Pc's IRS Form 990?

Somc Medical Group Pc files IRS Form 990 annually under EIN 27-1412183. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 27-1412183

Somc Medical Group Pc

Iselin, NJ 08830-1559 · Tax year 2023

NTEE E31

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$15.3M

Total revenue

$15.3M

Total expenses

—

Net income

—

Operating margin

Financial summary

Total revenue: $15.3M
Contributions + grants: $642
Program service revenue: $15.3M
Total expenses: $15.3M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: —
Total assets: $3.7M
Total liabilities: $3.9M
Net assets: $-196K

Peer comparison

Compared to 2 organizations with NTEE E31 in NJ

Avg revenue (peers)

$316.2M

This org:$15.3M

Avg net income (peers)

$-39K

This org:—

Avg top exec comp (peers)

—

This org (highest):—

Executive compensation (FY2024)

2 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
KENNETH N SABLE MD	VICE PRESIDENT & SECRETARY	2.5	—	—
JAMES CLARKE MD	PRESIDENT & TREASURER	2.5	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$15.3M	$15.3M	—	$3.7M
2022	$15.4M	$15.4M	—	$3.7M
2021	$21.1M	$21.1M	—	$2.8M
2020	$17.6M	$17.6M	—	$3.2M
2019	$12.5M	$12.5M	—	$1.2M
2018	$11.9M	$11.9M	—	$1.0M
2017	$11.3M	$11.3M	—	$1.8M
2016	$10.0M	$10.0M	—	$854K
2015	$8.0M	$8.0M	—	$808K

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