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Somos Healthcare Providers

Also known as Somos Community Care

Bronx, NY · EIN 47-2528627 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Somos Healthcare Providers reported $21.8 million in revenue and $32.9 million in expenses for calendar year 2024. Of every $100 it spent, $80.95 went to program services, $19.05 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.0% of the total. Government grants made up 97.0%. The highest compensation it reported for one person was $434,117 (CEO). 19 people received more than $100,000 in reportable compensation. Revenue fell 79% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $33M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
80.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
97.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$434,117$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.32%1.34%
People paid over $100,000
Part VII, line 2
1927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.56.6
Independent voting board members
Part VI 1a–1b
8 of 888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$27M expenses · 100.0% of program spending · grants $136K

In 2024, SOMOS continued to build the capacity of network providers to engage in value-based care initiatives including practice transformation and capacity building; secure bidirectional exchanges and critical connectivity; and engage in strategic communications and community education. The organization is engaged in supporting a growing network of Health Related Social Needs (HRSN) providers in an innovative Social Care Network 1115 waiver funded program in New York State. The organization engaged in sustainable, critical practice transformation and capacity-building activities including…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.0 hrs/week
$403,400$0$30,717$434,117
VP POLICY & STRAT DEVLOP.
Highest compensated employee, 40.0 hrs/week
$356,000$0$12,941$368,941
COO
Officer, 40.0 hrs/week
$329,195$0$27,382$356,577
VP OF OPERATIONS & EVP
Highest compensated employee, 40.0 hrs/week
$318,329$0$26,948$345,277
VP OF HUMAN RESOURCES
Highest compensated employee, 40.0 hrs/week
$254,263$0$24,189$278,452
CHIEF OF STAFF
Officer, 40.0 hrs/week
$263,692$0$12,349$276,041
CHIEF INFORMATION OFFICER
Officer, 40.0 hrs/week
$230,999$0$0$230,999
VP COMMUNICATIONS
Highest compensated employee, 40.0 hrs/week
$196,531$0$12,941$209,472

19 people received more than $100,000 in reportable compensation from Somos Healthcare Providers (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$22M$33M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$22M$33M80.9%$37M$434,117
2023 ⓘ$21M$43M80.3%$51M$439,830
2022 ⓘ$78M$101M92.8%$74M$526,467
2021 ⓘ$92M$152M93.9%$98M$548,023
2020 ⓘ$33M$97M89.0%$157M$718,597
2019 (amended) ⓘ$105M$100M90.7%$220M$563,746

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 576
  • Volunteers Part I, line 68

Correct a figure or respond

Every number above is copied from Somos Healthcare Providers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Somos Healthcare Providers, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New York

Questions people ask

How much of Somos Healthcare Providers's spending goes to programs?

In calendar year 2024, Somos Healthcare Providers reported that 80.9% of its $32.9 million in expenses went to program services, 19.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Somos Healthcare Providers pay its top executive?

The largest total compensation Somos Healthcare Providers reported for one person in calendar year 2024 was $434,117, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Somos Healthcare Providers get its money?

Of $21.8 million in revenue in calendar year 2024, 97.0% came from contributions and grants (including 97.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Somos Healthcare Providers a registered charity?

The IRS lists EIN 47-2528627 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503169349306720 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433199349318808 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349331973 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243209349300714 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202240429349301424 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202130709349301033 · read the filing

All filings for EIN 47-2528627: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.