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.
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.
SOMC ANESTHESIA ASSOCIATES - MEDICAL DOCTORS TRAINED TO ADMINISTER ANESTHETICS AND MANAGE THE MEDICAL CARE OF PATIENTS BEFORE, DURING, AND AFTER SURGERY.
SOMC HEART AND VASCULAR SERVICES - MEDICAL DOCTORS WORKING TO PREVENT, DIAGNOSE, AND TREAT DISORDERS OF THE HEART AND BLOOD VESSELS.
SOMC RADIOLOGY SERVICES - MEDICAL DOCTORS TRAINED TO USE STATE-OF-THE-ART RADIANT ENERGY MEDICAL IMAGING TECHNOLOGY TO HELP PREVENT, DIAGNOSE, AND TREAT DISEASES.
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.