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Key facts about Somc Medical Group PC
- EIN
- 27-1412183
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $4,309,754
Data from IRS Form 990-PF, 2024; updated September 2026.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+15.9% YoY
Revenue
$16.5M
+8.1% YoY
Net Investment Income
—
-100.0% YoY
Expenses
$16.5M
+8.1% YoY
About Somc Medical Group PC
Based on IRS filings
Somc Medical Group PC is a nonprofit organization focused on Health, based in Edison, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,309,754 | $3,719,717 | $3,715,479 |
| Revenue | $16,496,359 | $15,259,320 | $15,434,671 |
| Expenses | $16,496,359 | $15,258,677 | $15,434,671 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $613 | $1,009 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Somc Medical Group PC is led by James Clarke MD, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
James Clarke MD
President & Treasurer
On filings since 2020
2.5 hrs/week
No compensation reported
Kenneth N. Sable MD
Vice President & Secretary
On filings since 2020
2.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Somc Medical Group PC?
Somc Medical Group PC is a nonprofit organization focused on Health, based in Edison, NJ. It holds $4.3M in total assets as of 2024.
How large is Somc Medical Group PC?
As of 2024, Somc Medical Group PC holds $4.3M in total assets with $16.5M in annual revenue.
Where does Somc Medical Group PC operate?
Somc Medical Group PC has awarded grants in New Jersey.
What is Somc Medical Group PC's EIN?
Somc Medical Group PC's EIN (Employer Identification Number) is 27-1412183. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.