MSOM INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MSOM INC (EIN 92-0871561)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202501349349313410
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T19:25:18-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11000 WILSON BOULEVARD SUITE 1500AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22209ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN920871561EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MSOM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMSOMBusinessNameControlTxt
Phone3017908872PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111120 HEALTH DRIVEAddressLine1Txt
CityHAGERSTOWNCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21742ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSHUA REPACPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone3017908872PhoneNum
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY TORRETTAPreparerPersonNm
PTINP00847851PTIN
Phone7038477500PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMAULIK JOSHI DRPHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111120 HEALTH DRIVEAddressLine1Txt
CityHAGERSTOWNCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21742ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,333GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MSOM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$3,333CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$0PYTotalRevenueAmt
CY Total Revenue$3,333CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,365,612CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$2,332,169CYOtherExpensesAmt
PY Total Expenses$0PYTotalExpensesAmt
CY Total Expenses$4,697,781CYTotalExpensesAmt
PY Revenues Less Expenses$0PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,694,448CYRevenuesLessExpensesAmt
Total Assets BOY$0TotalAssetsBOYAmt
Total Assets EOY$1,156,084TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,850,532TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$4,694,448NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION: PREPARE FUTURE GENERATIONS OF PHYSICIANS WHO ARE PROFESSIONALLY ACCOMPLISHED, SOCIALLY RESPONSIBLE, AND COMMUNITY ORIENTED.OUR VISION: TO BE A LEADER IN COMMUNITY-BASED MEDICAL EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,781,871ExpenseAmt
Revenue$3,333RevenueAmt
DescSEE SCHEDULE ODesc
Total Program Service Expenses$3,781,871TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOSHUA REPACBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3017909351PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111116 MEDICAL CAMPUS ROADAddressLine1Txt
CityHAGERSTOWNCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21742ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
REV DR D STUART DUNNAN
CHAIR3.000.00Yes (X)Yes (X)$0$0$0
MARY JC HENDRIX PHD
VICE CHAIR3.003.00Yes (X)$0$0$0
CHINTAMANENI CHOUDARI MD
DIRECTOR3.0040.00Yes (X)$0$56,411$0
VICTORIA GIFFI MD
DIRECTOR3.0050.00Yes (X)$0$831,366$27,035
JOANNA JACKSON DO
DIRECTOR3.000.00Yes (X)$0$0$0
NEIL JESUELE
DIRECTOR3.003.00Yes (X)$0$0$0
MAULIK JOSHI DRPH
PRESIDENT3.0050.00Yes (X)Yes (X)$0$1,235,915$1,066,354
GREGORY SNOOK
DIRECTOR3.003.00Yes (X)$0$0$0
WILLIAM CRAVER AS OF 012024
DIRECTOR3.000.00Yes (X)$0$0$0
JOSHUA REPAC
CFO/TREASURER3.0050.00Yes (X)$0$445,608$421,222
LYNN HAINES
SECRETARY3.0050.00Yes (X)$0$314,984$66,566
PAULA GREGORY
DEAN OF MSOM50.000.00$0$561,325$55,942Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,445,609TotReportableCompRltdOrgAmt
Total Other Compensation$1,637,119TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEDICAL IMPACT COMPANY LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line18697 SOUTH BLUE CREEK ROADAddressLine1Txt
CityEVERGREENCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80439ZIPCd
FieldValueIRS element (for citing)
ServicesCONSULTINGServicesDesc
Compensation$1,500,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAPPLICATION FEESDesc
Business611310BusinessCd
Total Revenue Column$3,333TotalRevenueColumnAmt
Related Or Exempt Func Income$3,333RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,333TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,333TotalRevenueColumnAmt
Related Or Exempt Func Income$3,333RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$597,180TotalAmt
Program Services$477,744ProgramServicesAmt
Management And General$119,436ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,261,076TotalAmt
Program Services$1,008,861ProgramServicesAmt
Management And General$252,215ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$65,847TotalAmt
Program Services$52,678ProgramServicesAmt
Management And General$13,169ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$308,185TotalAmt
Program Services$246,548ProgramServicesAmt
Management And General$61,637ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$133,324TotalAmt
Program Services$106,659ProgramServicesAmt
Management And General$26,665ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,270TotalAmt
Program Services$9,016ProgramServicesAmt
Management And General$2,254ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,639,480TotalAmt
Program Services$1,311,585ProgramServicesAmt
Management And General$327,895ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$118,220TotalAmt
Program Services$118,220ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,253TotalAmt
Program Services$3,403ProgramServicesAmt
Management And General$850ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$60,480TotalAmt
Program Services$48,384ProgramServicesAmt
Management And General$12,096ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,389TotalAmt
Program Services$17,911ProgramServicesAmt
Management And General$4,478ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,831TotalAmt
Program Services$7,065ProgramServicesAmt
Management And General$1,766ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,460TotalAmt
Program Services$9,168ProgramServicesAmt
Management And General$2,292ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DUES$232,425$185,940$46,485
LICENSES$206,472$165,178$41,294

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$16,889TotalAmt
Program Services$13,511ProgramServicesAmt
Management And General$3,378ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,697,781TotalAmt
Program Services$3,781,871ProgramServicesAmt
Management And General$915,910ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$10,455EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,145,629LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,145,629EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,156,084EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$1,763,895EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,086,637EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,850,532EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY-$4,694,448EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY-$4,694,448EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,156,084EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,694,448ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,145,629OtherCostOrOtherBasisAmt
Book Value$1,145,629BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,145,629TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO RELATED ORGANIZATIONDesc
Amt$4,086,637Amt
FieldValueIRS element (for citing)
Total Liability$4,086,637TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF MERITUS HEALTH, INC. THE RELEVANT TEXT OF THE INCOME TAX FOOTNOTE FROM THOSE FINANCIALS IS: MERITUS FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTIES IN INCOME TAX POSITIONS WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MERITUS DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationNON-DISCRIMINATION POLICY IS AVAILABLE ON THE MSOM WEBSITE HTTPS://WWW.MSOM.ORG/ABOUT/POLICIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MAULIK JOSHI DRPH
PRESIDENT$0$808,415$0$405,000$0$22,500$0$1,042,993$0$23,361$0$2,302,269$0$0
JOSHUA REPAC
CFO/TREASURER$0$348,408$0$97,200$0$0$0$394,290$0$26,932$0$866,830$0$0
VICTORIA GIFFI MD
DIRECTOR$0$485,154$0$346,212$0$0$0$14,850$0$12,185$0$858,401$0$0
PAULA GREGORY
DEAN OF MSOM$0$434,680$0$126,645$0$0$0$36,754$0$19,188$0$617,267$0$0
LYNN HAINES
SECRETARY$0$249,608$0$60,071$0$5,305$0$41,606$0$24,960$0$381,550$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I LINE 3METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES; ALL COMPENSATION TO OFFICERS AND DIRECTORS REPORTED ON PART VII OF THE FORM 990 WAS PAID BY A RELATED ORGANIZATION, MMC. MMC CHECKS THE FOLLOWING BOXES FOR SCHEDULE J, QUESTION 3 ON ITS FORM 990: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION BY SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THE COMPENSATION PAID TO THE OFFICERS LISTED ON MSOM'S FORM 990 WAS ESTABLISHED PURSUANT TO THE REBUTTABLE PRESUMPTION OF REASONABLENESS.
PART I LINE 4BSEVERAL OFFICERS ARE PARTICIPANTS IN A 457F PLAN THAT WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE MMC BOARD OF DIRECTORS. FOR THE CURRENT YEAR, THE FOLLOWING AMOUNTS WERE DEFERRED BY MMC AND ARE NOT SUBSTANTIALLY VESTED AND SUBJECT TO CREDITOR CLAIMS AND FORFEITURES: MAULIK JOSHI $1,005,643 LYNN HAINES $23,626 JOSHUA REPAC $379,700

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1TO TRAIN PHYSICIANS WHO WILL BE SOCIALLY RESPONSIBLE, PROFESSIONALLY ACCOMPLISHED, AND COMMUNITY ORIENTED.
FORM 990, PART III, LINE 4AMSOM OFFERS A UNIQUE APPROACH TO STUDENT LEARNING INCLUDING THE TEAM-BASED LEARNING (TBL) APPROACH. TBL'S INNOVATIVE METHODOLOGY USES CONTINUOUS ACTIVE PARTICIPATION TO FOSTERING COLLABORATIVE PROBLEM-SOLVING SKILLS. MEDICAL STUDENTS THRIVE IN AN ENVIRONMENT THAT ENCOURAGES TEAMWORK, IMMEDIATE FEEDBACK AND THE PRACTICAL APPLICATION OF MEDICAL KNOWLEDGE. MSOM'S CURRICULAR APPROACH PREPARES STUDENTS TO BECOME PHYSICIANS, THOUGHT LEADERS AND VERSATILE TEAM MEMBERS. TBL PERMEATES EVERY ASPECT OF THE CURRICULUM, ENHANCING CRITICAL THINKING, COMMUNICATION, AND ADAPTABILITY. THE MSOM CURRICULUM IS ALIGNED WITH THE AMERICAN OSTEOPATHIC ASSOCIATION (AOA) SEVEN OSTEOPATHIC CORE COMPETENCIES FOR MEDICAL STUDENTS. UNDER EACH OF THESE COMPETENCY DOMAINS, THERE ARE MEASURABLE CURRICULAR GOALS WHICH, UPON STUDENT ATTAINMENT AND COMPLETION, INDICATE COMPETENCE IN THE DOMAIN. THESE CURRICULAR GOALS BROADLY SHAPE AND DEFINE THE COURSES & CLERKSHIPS WITHIN THE 4-YEAR MSOM CURRICULUM. FOR EACH CURRICULAR GOAL, THERE ARE ACCOMPANYING LEARNING ACTIVITIES, WHOSE PURPOSE IS TO HELP STUDENTS ACHIEVE THE GOAL AND LEARN COURSE CONTENT. EACH LEARNING ACTIVITY IS GUIDED BY A SET OF SPECIFIC, MEASURABLE LEARNING OBJECTIVES THAT STATE WHAT THE STUDENT WILL ACCOMPLISH DURING THE ACTIVITY. MSOM IS PREPARING TO ACCEPT ITS FIRST CLASS OF STUDENTS IN THE FALL OF 2025.
FORM 990, PART V, LINES 1A AND 2ATHE FILING ORGANIZATION HAS ENTERED "0" ON PART V, LINE 1A AND LINE 2A BECAUSE THE ORGANIZATION'S 1099 AND W-2 RETURNS ARE FILED BY AND UNDER THE NAME AND EIN OF MERITUS MEDICAL CENTER, INC., A RELATED ORGANIZATION, UNDER A SHARED SERVICES AGREEMENT.
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER IS MERITUS HEALTH, INC. (MHI), THE PARENT. MHI HAS THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7ACANDIDATES FOR THE MSOM BOARD ARE SELECTED BY THE GOVERNANCE COMMITTEE AND PRESENTED TO THE MHI BOARD BY THE CHAIRMAN OF THE GOVERNANCE COMMITTEE. FINAL ELECTION OCCURS THROUGH THE MHI BOARD.
FORM 990, PART VI, SECTION A, LINE 7BALONG WITH THE ELECTION OF GOVERNING MEMBERS TO THE BOARD, THE MHI BOARD (PARENT) ALSO NEEDS TO REVIEW AND APPROVE THE FOLLOWING BEFORE BECOMING EFFECTIVE AND BEFORE THE ACTION IS IMPLEMENTED: 1. ANY MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION. 2. ANNUAL BUSINESS PLAN. 3. ANNUAL BUDGET. 4. CONTRACTUAL OBLIGATIONS THAT MEET ANY ONE OF THE FOLLOWING CRITERIA: A. FALL OUTSIDE THE SCOPE OF THE CORPORATION'S ANNUAL BUSINESS PLAN. B. REQUIRE APPROVAL BY EXTERNAL HEALTH AND/OR FINANCIAL REGULATORY AGENCY. C. HAVING THE POTENTIAL OF ADVERSELY IMPACTING THE OPERATION OF ANY SUBSIDIARY OF THE MEMBER. 5. ANY JOINT VENTURE BETWEEN THE CORPORATION AND ANOTHER PERSON OR ENTITY THAT MEETS ANY ONE OF THE FOLLOWING CRITERIA: A. EXTENDS BEYOND THE SCOPE OF THE ANNUAL BUSINESS PLAN OF THE CORPORATION. B. REQUIRES EXTERNAL APPROVAL BY EXTERNAL HEALTH AND/OR FINANCIAL REGULATORY AGENCY. C. HAS THE POTENTIAL OF ADVERSELY IMPACTING THE OPERATION OF ANY SUBSIDIARY OF THE MEMBER. 6. SALES OR TRANSFERS OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION OR SALES OR TRANSFERS OF ASSETS THAT MEET WITH ANY ONE OF THE FOLLOWING CRITERIA: A. FALL OUTSIDE THE SCOPE OF THE CORPORATION'S ANNUAL BUSINESS PLAN. B. REQUIRE APPROVAL BY EXTERNAL HEALTH AND/OR FINANCIAL REGULATORY AGENCY. C. HAS THE POTENTIAL OF ADVERSELY IMPACTING THE OPERATIONS OF ANY SUBSIDIARY OF THE MEMBER. 7. FORMATION OF A SUBSIDIARY. 8. ADOPTION AND AMENDMENT OF THE MISSION AND VISION STATEMENTS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY THE FINANCE DEPARTMENT AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE FORM 990 WAS PROVIDED TO THE AUDIT AND BUSINESS INTEGRITY COMMITTEE OF THE PARENT BOARD. ACTING UNDER THE AUTHORITY OF THE PARENT BOARD, THE COMMITTEE REVIEWED THE FORM 990 PRIOR TO THE SUBMISSION FOR THE FORM 990 TO THE INTERNAL REVENUE SERVICE. IN ADDITION, THE FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CAN ANNUAL DISCLOSURE OF INTEREST IS REQUIRED FOR ALL OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES. THESE DISCLOSURES ARE THEN REVIEWED AGAINST THE ACCOUNTS PAYABLE SYSTEM TO DETERMINE THE AMOUNT OF TRANSACTIONS WITH THE ORGANIZATION. ALL DISCLOSURES AND TRANSACTIONS ARE REVIEWED BY THE AUDIT & BUSINESS INTEGRITY COMMITTEE. AFTER THIS REVIEW, A COPY OF THE DISCLOSURES, BY BOARD OR COMMITTEE, LISTING THE TYPE OF INVOLVEMENT/TRANSACTIONS THE ENTITY HAS WITH THE NAMED DISCLOSURE, IF ANY, ARE PROVIDED TO THE CHAIR OF THE BOARD OR COMMITTEE. ANY DIRECTOR WITH A DETERMINED CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DISCUSSIONS AND DECISIONS WITH REGARDS TO THAT TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES. ALL COMPENSATION TO OFFICERS AND DIRECTORS REPORTED ON PART VII OF THE FORM 990 WAS PAID PURSUANT TO THE POLICIES AND PROCEDURES OF A RELATED ORGANIZATION, MERITUS MEDICAL CENTER, INC.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE MADE PUBLIC THROUGH THE STATE OF MARYLAND CHARITABLE REGISTRATION DIVISION.
FORM 990, PART VII, SECTION A:THE HOURS OF THE PRESIDENT, SECRETARY, AND TREASURER WERE SPENT ATTENDING BOARD AND COMMITTEE MEETINGS. COMPENSATION PROVIDED TO THESE PERSONS WAS FOR SERVICES PROVIDED IN THEIR CAPACITY AS OFFICERS/EMPLOYEES OF MMC AND AFFILIATES, NOT IN THEIR CAPACITY AS DIRECTORS. ADDITIONALLY, THE COMPENSATION THAT DR. GIFFI AND DR. CHOUDARI RECEVEIVED WAS FOR SERVICES AS PHYSICIANS.
FORM 990, PART IX, LINE 11GOTHER: PROGRAM SERVICE EXPENSES 1,311,585. MANAGEMENT AND GENERAL EXPENSES 327,895. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,639,480.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
MERITUS MEDICAL CENTER INC
11116 MEDICAL CAMPUS ROADHAGERSTOWNMD21742520607949HOSPITALMD501(C)(3)LINE 3MERITUS HEALTH INC0
MERITUS HEALTH INC
11116 MEDICAL CAMPUS ROADHAGERSTOWNMD21742372062702HEALTH SERVICEMD501(C)(3)LINE 12C, III-FI0
MERITUS HEALTHCARE FOUNDATION INC
11116 MEDICAL CAMPUS ROADHAGERSTOWNMD21742FUNDRAISINGMD501(C)(3)LINE 12A, IMERITUS MEDICAL CENTER INC0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCdEntity TypeEntityTypeTxt
MERITUS INSURANCE COMPANY LTD
PO BOX 1109GTGRAND CAYMANCJ980462257CAPTIVE INSURANCECJN/A0
MERITUS ENTERPRISES INC
521393624HEALTH SERVICESN/A011116 MEDICAL CAMPUS ROADHAGERSTOWNMD21742MDC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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