PORTSMOUTH, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOMC MEDICAL CARE FOUNDATION INC, founded in 1993, is a mid-sized nonprofit in the Health Care sector that reported $55.6M in total revenue in fiscal year 2023. Expenses of $111.4M exceeded revenue, resulting in a 100% operating deficit.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $55,618,336 | $53,733,264 | +0.0% |
| Expenses | $111,442,892 | $104,724,713 | +0.1% |
| Net Income | $-55,824,556 | $-50,991,449 | +0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BENJAMIN L GILL | DIRECTOR-PRESIDENT & CEO-SOMC | 1.00 |
Officer
Director
|
$0 | $223,103 | $947,658 |
| CLAUDIA L BURCHETT | CNO - SOMC | 1.00 |
Officer
Director
|
$0 | $99,834 | $515,594 |
| KENDALL L STEWART MD | BOARD CHAIR-CEO CHIEF SAFETY-SOMC | 1.00 |
Officer
Director
|
$0 | $123,792 | $769,858 |
| VICKI A NOEL | DIRECTOR-CHIEF HR OFFICER-SOMC | 1.00 |
Officer
Director
|
$0 | $140,904 | $463,416 |
| VALERIE DECAMP | DIRECTOR-CHIEF QUALITY OFFICER-SOMC | 1.00 |
Officer
Director
|
$0 | $39,632 | $300,260 |
| DR VINCENT SCARPINATO MD | DIRECTOR-SMD SURGEON | 41.00 |
Director
|
$635,587 | $61,363 | $696,950 |
| DR ELIE SAAB MD | DIRECTOR-SMD PULMONARY CARE | 41.00 |
Director
|
$570,136 | $62,072 | $632,208 |
| JENIFER R COMBS | DIRECTOR-NURSE PRACTITIONER | 40.00 |
Director
|
$236,470 | $28,227 | $264,697 |
| REBECCA FITE | DIRECTOR-DIRECTOR MEDICAL STAFF | 1.00 |
Director
|
$0 | $52,176 | $193,238 |
| KARA PLUMMER | VP OF FINANCE & CFO | 1.00 |
Officer
|
$0 | $105,275 | $483,531 |
| DR JARED C BENTLEY | MEDICAL PHYSICIAN | 40.00 |
Highest
|
$1,161,909 | $75,880 | $1,237,789 |
| DR JAY M HAMZE | MEDICAL PHYSICIAN | 43.69 |
Highest
|
$2,922,584 | $88,097 | $3,010,681 |
| DR TARUN R NAGRANI | MEDICAL PHYSICIAN | 41.46 |
Highest
|
$2,029,070 | $74,417 | $2,103,487 |
| DR MATTHEW WATSON | MEDICAL PHYSICIAN | 40.00 |
Highest
|
$1,187,045 | $52,050 | $1,239,095 |
| DR JOSEPH R LEITH | MEDICAL PHYSICIAN | 40.00 |
Highest
|
$1,460,161 | $74,002 | $1,534,163 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $55,618,336 | $111,442,892 | $16,158,474 | $-55,824,556 |
| 2023 | $53,733,264 | $104,724,713 | $16,714,424 | $-50,991,449 |
| 2022 | $52,674,175 | $93,083,408 | $16,858,238 | $-40,409,233 |
| 2021 | $44,708,757 | $85,410,088 | $14,653,193 | $-40,701,331 |
| 2020 | $40,251,203 | $78,257,529 | $11,676,541 | $-38,006,326 |
| 2019 | $37,165,875 | $71,868,449 | $9,173,173 | $-34,702,574 |
| 2018 | $29,978,963 | $62,908,243 | $12,347,295 | $-32,929,280 |
Compare SOMC MEDICAL CARE FOUNDATION INC with other nonprofits in Ohio and across the country.