Overview
What is Somc Development Foundation?
The Somc Development Foundation is a charitable organization based in Portsmouth, Ohio, dedicated to supporting Southern Ohio Medical Center (SOMC) and its patients. This volunteer-led body raises funds for various initiatives, including purchasing new equipment, technology upgrades, facility enhancements, and other projects to address community health needs. Their supported projects range from installing a cell phone charging station and playground equipment to procuring medical equipment and donating to the SOMC Compassion Fund. The foundation's activities are mainly funded through the efforts of six guilds: HOPE, KARDIA, PEDIATRIC, PLEASURE, SCIOTO, and SERVICE. Despite COVID-19 limitations, the guilds managed to raise funds and contribute to SOMC's purchase of wheelchairs, audiometers, and infusion pumps, among other items. The Somc Development Foundation's mission is to identify and bridge the gap between community health needs and the cost of solutions, ensuring SOMC can continue delivering exceptional care for future generations.
Official website here: www.somc.org/development/
Is Somc Development Foundation legitimate?
Somc Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somc Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.somc.org/development/
What is the mission statement of Somc Development Foundation?
The Somc Development Foundation's mission is to address the health and wellness needs of the community, recognizing the gap between these needs and the cost of solutions. The foundation carries out fundraising activities for various sectors, including hospice, cancer, employee relief, heart and vascular health, pediatrics, community health and wellness, the endowment fund, and areas of greatest need. These funds contribute significantly to Southern Ohio Medical Center, enabling it to provide exceptional care for future generations. The foundation takes its responsibility to serve the community seriously and takes pride in doing so.
Official website here: www.somc.org/development/
Who is the CEO of Somc Development Foundation?
Benjamin Gill is the Principal Officer of Somc Development Foundation. The CEO's salary of Somc Development Foundation is $0 and their total compensation is $463,932.
Official website here: www.somc.org/development/
What is the revenue of Somc Development Foundation?
Somc Development Foundation's revenue in 2022 was $1,116,463.
Official website here: www.somc.org/development/
Who are the executives of Somc Development Foundation and what are their salaries?
There 9 volunteers at Somc Development Foundation.
Here are 17 key members and their salaries (Somc Development Foundation's CEO's salary is $0 and their total compensation is $463,932):
- Compensation: $0
- Related: $649,878
- Other: $180,511
- Compensation: $0
- Related: $443,267
- Other: $20,665
- Compensation: $0
- Related: $324,816
- Other: $122,451
- Compensation: $0
- Related: $22,916
- Other: $409
- Compensation: $0
- Related: $124,957
- Other: $30,872
- Compensation: $0
- Related: $733,042
- Other: $58,933
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $229,472
- Other: $73,663
Official website here: www.somc.org/development/
Where can I find the form 990 for Somc Development Foundation?
Somc Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.somc.org/development/
Learn more at the official website: www.somc.org/development/
Mission Statement of Somc Development Foundation
The Somc Development Foundation, a charitable organization, is dedicated to making a significant impact in its community by recognizing and addressing health and wellness needs. Recognizing the potential gap between these needs and the associated costs, the foundation serves as a bridge, raising funds to support various sectors within the healthcare system. The Somc Development Foundation supports initiatives such as hospice care, cancer treatment, employee relief, heart and vascular health, pediatrics, community health and wellness, the endowment fund, and areas of greatest need. These funds provide crucial support, enabling Southern Ohio Medical Center to continue delivering exceptional care to future generations. The organization takes pride in serving its community, considering this responsibility a key aspect of its mission.
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Impact
October, 2024
The Somc Development Foundation has a significant impact on healthcare in the Portsmouth, Ohio community by enhancing the services provided by the Southern Ohio Medical Center (SOMC). Through their dedicated fundraising efforts, they support vital initiatives that range from acquiring new medical equipment and upgrading technology to improving facility infrastructure. This support ensures that SOMC can meet the evolving health needs of the community effectively.
Specific projects funded by the foundation include a cell phone charging station in the Heart and Vascular lobby, recreational facilities like the Shawnee Ohio River Playground, and new exercise equipment for cardiac rehabilitation. They also provide life-saving resources such as life vests for heart patients, hygiene items for local students, and educational materials for community health.
Additionally, the foundation collaborates with six volunteer guilds, which creatively adapted their fundraising strategies during the challenges posed by the COVID-19 pandemic, raising over $43,000 to support the purchase of essential equipment for various SOMC departments. Through these efforts, they've improved patient care by securing wheelchairs, audiometers, and infusion pumps, as well as enhancing hospice services.
Ultimately, the Somc Development Foundation addresses community health and wellness needs by bridging the gap between these needs and the necessary funding, ensuring that SOMC continues to provide extraordinary care for current and future generations.
This information is meant to be a general summary of Somc Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $402,203
- Program Service Revenue: $4,027
- Gross Receipts: $2,578,947
Assets and Liabilities:
- Total Assets: $5,537,121
- Total Liabilities: $55,505
- Net Assets: $5,481,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,027
Organization Details
Founding Year
1963
Phone
(740) 356-7622Principal Officer
Benjamin Gill
Main Address
1805 27TH STREET, PORTSMOUTH, OH, 45662
Website
www.somc.org/development/NTEE Category
Code: E11 - Health
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