SOMOS HEALTHCARE PROVIDERS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOMOS HEALTHCARE PROVIDERS INC (EIN 47-2528627)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202503169349306720
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T13:59:24-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Jefferson Park Suite 400 | AddressLine1Txt |
| City | Whippany | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079811070 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472528627 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOMOS HEALTHCARE PROVIDERS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MONTEFIORE CARE MANAGEMENT | InCareOfNm |
| Business Name Control | SOMO | BusinessNameControlTxt |
| Phone | 6469797613 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2910 EXTERIOR STREET 1ST FL | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10463 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARIO J PAREDES | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6469797613 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Scott J Mariani | PreparerPersonNm |
| PTIN | P00642486 | PTIN |
| Phone | 9738989494 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Somos Community Care | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARIO J PAREDES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2910 EXTERIOR STREET 1ST FL | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10463 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $23,349,036 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SOMOSCOMMUNITYCARE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION'S MISSION IS TO EXPAND HEALTHY EQUITY FOR THE UNDERSERVED & TO ENSURE THE SUSTAINABILITY OF AN INDEPENDENT NETWORK OF HEALTH & SOCIAL CARE PROVIDERS IN NEW YORK. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 76 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,000,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,161,765 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,071,677 | PYInvestmentIncomeAmt |
| CY Investment Income | $177,479 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,478,453 | PYOtherRevenueAmt |
| CY Other Revenue | $478,662 | CYOtherRevenueAmt |
| PY Total Revenue | $20,550,130 | PYTotalRevenueAmt |
| CY Total Revenue | $21,817,906 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $935,092 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $136,250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,934,160 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,450,974 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,010,234 | PYOtherExpensesAmt |
| CY Other Expenses | $25,345,130 | CYOtherExpensesAmt |
| PY Total Expenses | $42,879,486 | PYTotalExpensesAmt |
| CY Total Expenses | $32,932,354 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$22,329,356 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$11,114,448 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $59,772,836 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,665,012 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,275,307 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,510,243 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $51,497,529 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,154,769 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SOMOS HEALTHCARE PROVIDERS, INC. (SOMOS) PROMOTES AND SUPPORTS THE DELIVERY OF EXCEPTIONAL, HIGHLY ACCESSIBLE, PATIENT-CENTERED, CULTURALLY COMPETENT, PREVENTIVE, AND VALUE-BASED CARE FOR THE MOST UNDERSERVED COMMUNITIES IN NEW YORK BY BUILDING THE CAPACITY OF AN INDEPENDENT NETWORK OF HEALTHCARE AND SOCIAL CARE PROVIDERS. TO SUSTAIN THE NETWORK PROVIDERS' ABILITY TO ENGAGE IN EFFECTIVE, TARGETED PREVENTIVE AND WHOLE-PERSON CARE SOMOS SUPPORTS PROVIDER COLLABORATION, CAPACITY BUILDING, ENGAGES IN SOCIAL CARE NAVIGATION, CARE COORDINATION AND CARE MANAGEMENT, AND PROVIDES ROBUST DATA COLLECTION AND ANALYTICS THEREBY ALLOWING FOR COMPREHENSIVE EVALUATION OF INTEGRATED CARE PROGRAMS AND INITIATIVES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $26,658,015 | ExpenseAmt |
| Grant | $136,250 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | 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 expanding Patient-Centered Medical Homes (PCMH), assisting in closing care gaps, care management, care coordination, and deploying Community Health Workers (CHWs). The organization secured bidirectional exchanges and ensured critical connectivity, centralized Information Technology (IT) system, and enhanced the Electronic Health Record (EHR) systems. SOMOS also facilitated data warehouse and data analytics for providers to improve the quality of care and identify gaps in care. SOMOS has facilitated the growth of a diverse network of providers dedicated to whole-person integrated care and addressing health inequities amongst underserved residents of New York City. SOMOS reached, meaningfully engaged, and sustained the active participation of patients in their health, by engaging in advertising, marketing, communications, education, events, digital marketing, patient-use tools, health fairs and events, research and data, and strategic partnerships. | Desc |
| Total Program Service Expenses | $26,658,015 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 61 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 76 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MONTEFIORE CARE MANAGEMENT | PersonNm |
| Phone | 9143786657 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CORPORATE BLVD | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| MARIO PAREDES | ||||||||
| CEO | 40.0 | 0.0 | Yes (X) | $403,400 | $0 | $30,717 | ||
| MICHELLE YOLANDA MORAZAN | ||||||||
| VP POLICY & STRAT DEVLOP. | 40.0 | 0.0 | $356,000 | $0 | $12,941 | Yes (X) | ||
| LIDIA VIRGIL | ||||||||
| COO | 40.0 | 0.0 | Yes (X) | $329,195 | $0 | $27,382 | ||
| GLORIA WONG | ||||||||
| VP OF OPERATIONS & EVP | 40.0 | 0.0 | $318,329 | $0 | $26,948 | Yes (X) | ||
| ELIZABETH DIXON-WEBB | ||||||||
| VP OF HUMAN RESOURCES | 40.0 | 0.0 | $254,263 | $0 | $24,189 | Yes (X) | ||
| STEPHANIE DULUC | ||||||||
| CHIEF OF STAFF | 40.0 | 0.0 | Yes (X) | $263,692 | $0 | $12,349 | ||
| JOHN DIONISIO | ||||||||
| CHIEF INFORMATION OFFICER | 40.0 | 0.0 | Yes (X) | $230,999 | $0 | $0 | ||
| ANEL PLA | ||||||||
| VP COMMUNICATIONS | 40.0 | 0.0 | $196,531 | $0 | $12,941 | Yes (X) | ||
| CARLOS DOMINGO NUNEZ | ||||||||
| MED. DIR. OF BUS. DEVELOP. | 40.0 | 0.0 | $157,538 | $0 | $31,661 | Yes (X) | ||
| DEAN CARILLI | ||||||||
| CHIEF COMPLIANCE OFFICER | 40.0 | 0.0 | Yes (X) | $144,200 | $0 | $22,157 | ||
| YOMARIS PENA MD | ||||||||
| CHIEF MEDICAL OFFICER | 40.0 | 0.0 | Yes (X) | $144,200 | $0 | $14,832 | ||
| RAYMOND LEE | ||||||||
| VP OF FINANCE | 40.0 | 0.0 | Yes (X) | $57,808 | $0 | $2,478 | ||
| RAMON TALLAJ MD | ||||||||
| CHAIRMAN - DIRECTOR | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| HENRY CHEN MD | ||||||||
| PRESIDENT - DIRECTOR | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| OSCAR FUKILMAN MD | ||||||||
| SECRETARY - DIRECTOR | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MING ZHU MD | ||||||||
| DIRECTOR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| STEPHEN ROSENTHAL | ||||||||
| DIRECTOR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| VICTOR PERALTA MD | ||||||||
| DIRECTOR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| FRANCISCO ROSARIO MD | ||||||||
| DIRECTOR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| DAVID ZHANG MD | ||||||||
| DIRECTOR | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| STEVEN MEISINGER | ||||||||
| TREASURER | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,856,155 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $218,595 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 19 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| OPTIMUS HEALTH ANALYTICS LLC | |||||
| 93-20A ROOSEVELT AVE | JACKSON HEIGHTS | NY | 11372 | IT OPERATIONAL | $11,074,258 |
| EVOLENT HEALTH LLC | |||||
| 800 N GLEBE ROAD SUITE 500 | ARLINGTON | VA | 22203 | MEDICAL | $2,180,000 |
| MSTZO LLC | |||||
| 1017 NORTH MAIN AVENUE SUITE 300 | SAN ANTONIO | TX | 78212 | CONSULTING | $1,620,000 |
| PHYSICIANS OF THE FUTURE MEDGROUP | |||||
| 2910 EXTERIOR STREET | BRONX | NY | 10463 | Medical | $1,564,750 |
| Montefiore Care Management CMO | |||||
| 555 South Broadway Building A | TARRYTOWN | NY | 10592 | Fiduciary Admin | $465,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $21,161,765 | GovernmentGrantsAmt |
| Total Contributions | $21,161,765 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,522,609 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,522,609 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $186,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $186,000 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,345,130 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,345,130 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,345,130 | TotalRevenueColumnAmt |
| Exclusion | -$1,345,130 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $478,662 | TotalRevenueColumnAmt |
| Exclusion | $478,662 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $478,662 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,817,906 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $656,141 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,250 | TotalAmt |
| Program Services | $136,250 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,683,408 | TotalAmt |
| Program Services | $1,262,556 | ProgramServicesAmt |
| Management And General | $420,852 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,660,779 | TotalAmt |
| Program Services | $3,884,080 | ProgramServicesAmt |
| Management And General | $776,699 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,470 | TotalAmt |
| Program Services | $23,603 | ProgramServicesAmt |
| Management And General | $7,867 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $612,118 | TotalAmt |
| Program Services | $483,222 | ProgramServicesAmt |
| Management And General | $128,896 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,199 | TotalAmt |
| Program Services | $389,471 | ProgramServicesAmt |
| Management And General | $73,728 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $465,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $625,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $625,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,706 | TotalAmt |
| Program Services | $209,780 | ProgramServicesAmt |
| Management And General | $69,926 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,000 | TotalAmt |
| Program Services | $132,000 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,051,936 | TotalAmt |
| Program Services | $7,850,620 | ProgramServicesAmt |
| Management And General | $201,316 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $851,050 | TotalAmt |
| Program Services | $652,547 | ProgramServicesAmt |
| Management And General | $198,503 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $684,150 | TotalAmt |
| Program Services | $579,884 | ProgramServicesAmt |
| Management And General | $104,266 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,678,410 | TotalAmt |
| Program Services | $9,893,551 | ProgramServicesAmt |
| Management And General | $2,784,859 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,037,448 | TotalAmt |
| Program Services | $833,187 | ProgramServicesAmt |
| Management And General | $204,261 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,852 | TotalAmt |
| Program Services | $258,639 | ProgramServicesAmt |
| Management And General | $86,213 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,150 | TotalAmt |
| Management And General | $103,150 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSES | Desc |
| Total | $92,428 | TotalAmt |
| Program Services | $68,625 | ProgramServicesAmt |
| Management And General | $23,803 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,932,354 | TotalAmt |
| Program Services | $26,658,015 | ProgramServicesAmt |
| Management And General | $6,274,339 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,279,295 | BOYAmt |
| EOY | $18,207,248 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $308,018 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,646 | BOYAmt |
| EOY | $491,905 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $578,230 | BOYAmt |
| EOY | $1,043,075 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,326 | BOYAmt |
| EOY | $369,095 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $985,479 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $985,479 | LandBldgEquipAccumDeprecAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,323,442 | BOYAmt |
| EOY | $21,000,000 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,242,897 | BOYAmt |
| EOY | $3,245,671 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,772,836 | BOYAmt |
| EOY | $44,665,012 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,410,712 | BOYAmt |
| EOY | $1,501,391 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,111,006 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,864,595 | BOYAmt |
| EOY | $3,897,846 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,275,307 | BOYAmt |
| EOY | $7,510,243 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,497,529 | BOYAmt |
| EOY | $37,154,769 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,497,529 | BOYAmt |
| EOY | $37,154,769 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,772,836 | BOYAmt |
| EOY | $44,665,012 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$11,114,448 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$3,228,312 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $183,700 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,518,270 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,434,723 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,000,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,161,765 | CurrentTaxYearAmt |
| Total | $70,298,458 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,214,653 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $87,133,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,663,365 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $164,011,673 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,398,353 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $91,651,925 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $76,098,088 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,000,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,161,765 | CurrentTaxYearAmt |
| Total | $234,310,131 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,666,391 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,795,813 | CurrentTaxYearMinus3YearsAmt |
| Total | $9,462,204 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,666,391 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,795,813 | CurrentTaxYearMinus3YearsAmt |
| Total | $9,462,204 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $224,847,927 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,023,939 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $640,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,064,502 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,265,026 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,708,609 | CurrentTaxYearAmt |
| Total | $8,702,928 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,023,939 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $640,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,064,502 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,265,026 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,708,609 | CurrentTaxYearAmt |
| Total | $8,702,928 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $35,188 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $960 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $547,320 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,478,453 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $478,662 | CurrentTaxYearAmt |
| Total | $4,540,583 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,457,480 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $92,293,737 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,709,910 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,743,479 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,349,036 | CurrentTaxYearAmt |
| Total | $247,553,642 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.90828 | PublicSupportCY509Pct |
| Public Support PY509 | 0.92697 | PublicSupportPY509Pct |
| Investment Income CY | 0.03516 | InvestmentIncomeCYPct |
| Investment Income PY | 0.03192 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $132,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $132,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | 0 | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B | FormAndLineReferenceDesc |
| Explanation | The organization paid Tusk Strategies, LLC, an outside lobbying firm, to perform services relating to legislative and regulatory representation on behalf of the organization in the amount of $132,000 during the year ended December 31, 2024. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $702,050 | OtherCostOrOtherBasisAmt |
| Depreciation | $702,050 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $283,429 | OtherCostOrOtherBasisAmt |
| Depreciation | $283,429 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVEST IN SOMOS INNOVATIONS | Desc |
| Book Value | $21,000,000 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $21,000,000 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSIT | $375,000 |
| OTHER ASSETS | $794,017 |
| RIGHT OF USE - ASSET | $2,076,654 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,245,671 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITY | $794,017 |
| OPERATING LEASE LIABILITY | $2,107,393 |
| OTHER LIABILITIES | $996,436 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,897,846 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,003,906 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $186,000 | OtherRevenueAmt |
| Revenue Not Reported | $186,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $21,817,906 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $21,817,906 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $33,118,354 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $186,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $186,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,932,354 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $32,932,354 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART X, LINE 2 | An independent cpa firm audited the financial statements of the organization for the years ended December 31, 2024 and December 31, 2023; respectively. The following footnote is included in the organization's 2024 audited financial statements that reports the organization's liability for uncertain tax provisions under fin 48 (asc 740): The Organization recognizes the tax benefit from an uncertain tax position only if it is "more likely than not" that the tax position would be sustained on examination by the taxing authorities, based upon the technical merits of the position. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized upon examination. Interest and penalties related to unrecognized tax benefits are classified as income tax expense. Generally, the Organization is no longer subject to U.S. federal, state, and local or non-U.S. income tax examinations by tax authorities for years before 2020. |
| SCHEDULE D, PART XI; LINE 2D | OTHER RECONCILIATION ITEMS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: - RENTAL EXPENSES - $186,000. |
| SCHEDULE D, PART XII; LINE 2D | OTHER RECONCILIATION ITEMS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: - RENTAL EXPENSES - $186,000. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Caribbean American Center of New York Inc | |||||||
| 195 Cadman Plaza West 1st Floor | Brooklyn | NY | 11201 | 133443781 | 501(c)(3) | $8,000 | PROGRAM SUPPORT |
| Chinatown Health Clinic Foundation Inc | |||||||
| 268 Canal Street | New York | NY | 10013 | 133808933 | 501(C)(3) | $7,500 | PROGRAM SUPPORT |
| City & State NY LLC | |||||||
| 61 Broadway suite 1315 | New York | NY | 10006 | 462209305 | $28,750 | PROGRAM SUPPORT | |
| Dominico-American Society of Queens Inc | |||||||
| 40-27 97th Street 1st Floor | Corona | NY | 11368 | 061389895 | 501(C)(3) | $10,000 | PROGRAM SUPPORT |
| MEDISYS HEALTH NETWORK Inc | |||||||
| 8900 Van Wyck Expressway | Jamaica | NY | 11418 | 113316802 | 501(C)(3) | $10,000 | PROGRAM SUPPORT |
| Path to Peace Foundation | |||||||
| 25 East 39th Street | New York | NY | 10016 | 133629516 | 501(c)(3) | $10,000 | PROGRAM SUPPORT |
| Regional Aid for Interim Needs INC | |||||||
| 811 Morris Park Avenue | Bronx | NY | 10462 | 136213586 | 501(c)(3) | $15,000 | PROGRAM SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, QUESTION 2 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PROVIDES GRANTS TO VARIOUS OTHER NON-PROFIT ORGANIZATIONS, PRIMARILY IN THE FIELD OF HEALTHCARE. THE GRANTS ARE FOR SUPPORT FOR EACH GRANTEE'S ANNUAL GALA. EMPLOYEES AND BOARD MEMBERS OF SOMOS ATTEND EACH GALA TO ENSURE THE FUNDS ARE USED TO SUPPORT THE EVENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARIO PAREDES | ||||||||||||||
| CEO | $372,054 | $0 | $6,000 | $0 | $25,346 | $0 | $17,871 | $0 | $12,846 | $0 | $434,117 | $0 | $0 | $0 |
| MICHELLE YOLANDA MORAZAN | ||||||||||||||
| VP POLICY & STRAT DEVLOP. | $337,059 | $0 | $6,000 | $0 | $12,941 | $0 | $0 | $0 | $12,941 | $0 | $368,941 | $0 | $0 | $0 |
| LIDIA VIRGIL | ||||||||||||||
| COO | $310,254 | $0 | $6,000 | $0 | $12,941 | $0 | $14,441 | $0 | $12,941 | $0 | $356,577 | $0 | $0 | $0 |
| GLORIA WONG | ||||||||||||||
| VP OF OPERATIONS & EVP | $299,388 | $0 | $6,000 | $0 | $12,941 | $0 | $14,007 | $0 | $12,941 | $0 | $345,277 | $0 | $0 | $0 |
| ELIZABETH DIXON-WEBB | ||||||||||||||
| VP OF HUMAN RESOURCES | $235,377 | $0 | $6,000 | $0 | $12,886 | $0 | $11,303 | $0 | $12,886 | $0 | $278,452 | $0 | $0 | $0 |
| STEPHANIE DULUC | ||||||||||||||
| CHIEF OF STAFF | $256,889 | $0 | $6,000 | $0 | $803 | $0 | $11,546 | $0 | $803 | $0 | $276,041 | $0 | $0 | $0 |
| JOHN DIONISIO | ||||||||||||||
| CHIEF INFORMATION OFFICER | $224,999 | $0 | $6,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $230,999 | $0 | $0 | $0 |
| ANEL PLA | ||||||||||||||
| VP COMMUNICATIONS | $177,866 | $0 | $5,724 | $0 | $12,941 | $0 | $0 | $0 | $12,941 | $0 | $209,472 | $0 | $0 | $0 |
| CARLOS DOMINGO NUNEZ | ||||||||||||||
| MED. DIR. OF BUS. DEVELOP. | $139,153 | $0 | $4,589 | $0 | $13,796 | $0 | $624 | $0 | $31,037 | $0 | $189,199 | $0 | $0 | $0 |
| DEAN CARILLI | ||||||||||||||
| CHIEF COMPLIANCE OFFICER | $127,059 | $0 | $4,200 | $0 | $12,941 | $0 | $6,339 | $0 | $15,818 | $0 | $166,357 | $0 | $0 | $0 |
| YOMARIS PENA MD | ||||||||||||||
| CHIEF MEDICAL OFFICER | $127,862 | $0 | $4,200 | $0 | $12,138 | $0 | $0 | $0 | $14,832 | $0 | $159,032 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I; QUESTION 7 | FormAndLineReferenceDesc |
| Explanation | CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2024 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (17 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| CORE FORM, PART VI; SECTION A; QUESTION 2 | Ramon Tallaj, M.D., Oscar Fukilman, M.D., Victor Peralta, M.D. and Francisco Rosario, M.D. - business relationship. |
| CORE FORM, PART VI; SECTION A; QUESTION 3 | The organization purchased management services from Care Management Company LLC. The management company was paid $465,000 for these services for the year ending December 31, 2024. Services provided included managing bank accounts, preparing budgets, making payments, and providing weekly reports to management to assist with budgets and financial planning. There were no individuals listed in Core form, Part VII who were compensated by the management company for services rendered to SOMOS. |
| CORE FORM, PART VI; SECTION A; QUESTION 6 | The members of SOMOS Healthcare Providers, Inc. include: - AW Medical Office, PC - NY Community Preferred Providers, LLC - Montefiore Medical Center |
| CORE FORM, PART VI; SECTION A; QUESTION 7a | The number of Directors constituting the entire Board shall be fourteen (14) Directors. Montefiore shall be entitled to designate two (2) Directors. AW shall be entitled to designate two (2) Directors. NYCPP shall be entitled to designate five (5) Directors. NYPCC's five (5) Directors shall be selected as follows: three (3) Directors shall be selected by the ECAP Member of NYCPP, and two (2) Directors shall be selected shall be selected by the Renaissance Member of NYCPP. |
| CORE FORM, PART VI; SECTION A; QUESTION 7b | The following officer positions ("officers of the corporation") shall be appointed by the members: chief executive officer, chief operating officer, chief compliance officer, chief financial officer, chief information officer and chief medical officer. The board may appoint such other officers of the corporation as the members may determine to be appropriate. Unless appointed for a lesser or greater term, and subject to the right of the members to remove a board officer, each board officer shall be appointed annually at the annual meeting of the members and shall hold office for two (2) years or until such board officer's successor has been appointed and qualified. Not withstanding the foregoing, The position of chair and president shall at all times be held by individuals nominated by either aw or nycpp, and the position of treasurer shall at all times be held by an individual nominated by montefiore. Throughout the existence of the corporation, the chair shall be an individual nominated by aw and the President shall be an individual nominated by nycpp. The president shall be determined and appointed solely by the nycpp member and shall not be subject to removal by the members other than for cause as such term is legally defined within these bylaws. The ceo shall be appointed by the members and shall report directly to the board and chair and shall carry out his or her duties in accordance with the policies established by the board. Whenever a vacancy occurs in any board officer or officer of the corporation position by reason of death, resignation, incapacity or otherwise, the member which appointed the officer whose vacancy is at issue, may fill such vacancy for the unexpired term. Any board officer or other officer appointed by the members may only be removed by the members with or without cause pursuant to the terms set forth in the bylaws and consistent with the terms of any executed contract between the officer and the corporation. Authorization of the following actions shall require the affirmative vote of at least seventy-five percent (75%) of the member representatives, and must include the affirmative vote of the member appointed by Montefiore: (i) matters that could have an adverse impact on the tax-exempt status of Montefiore or the continued qualification of any tax-exempt bond financings of Montefiore, as may be determined by Montefiore, in its sole discretion in good Faith; (ii) establishment and/or modification of the dsrip-related funds flow formulae and distribution methodologies; (iii) establishment and/or modification of the dsrip-related capital funding, if any; (iv) amending the corporation's certificate of incorporation or these bylaws |
| CORE FORM, PART VI; SECTION B; QUESTION 11B | The organization has its Form 990 prepared by an outside accounting firm and has established the following review process to ensure the completeness and accuracy of the information reported. When Form 990 has been prepared, it is first reviewed by management. Subsequently, it is electronically sent to the Board of Directors for review and approval. When it has gone through these levels of review, the Form is then filed with the Internal Revenue Service. |
| CORE FORM, PART VI; SECTION B; QUESTION 12 | A possible conflict of interest may exist if an employee or other person associated with SOMOS Health Care Providers, Inc. can influence the business or other decisions of the organization in a manner that could lead, or appear to lead, to the personal gain or advantage of the individual, his or her relatives, or a related business interest. Any individual who becomes aware that he/she has an actual or potential conflict of interest must promptly disclose this to the organization's compliance officer, or his/her designee, who will review the disclosed conflict of interest and take any action(s) deemed required or appropriate to manage or resolve the matter, including by referring the matter to the board of directors or a designated board committee, as appropriate. After disclosing a possible conflict of interest and unless otherwise expressly approved by the organization's Compliance Officer, his/her designee, or by the governing body, the individual shall immediately recuse him/herself from participating in the transaction or matter, including by refraining from attempting to influence deliberations or voting on the transaction or matter, and not being privy to any non-public information relating to the transaction. |
| CORE FORM, PART VI; SECTION B; QUESTION 15 | SOMOS's HR department uses a PayScale salary comparison database to confirm a range of pay for the CEO and CFO positions of the organization. Job title, description, and qualifications are all taken into consideration when comparing positions to other like-size organizations. Once a salary range is confirmed by HR, the range is sent to the board to vote and approve a set compensation amount for each position. The approval of these compensation totals is documented in the board minutes. The policy was last undertaken in 2020. |
| CORE FORM, PART VI, SECTION B; QUESTION 16B | THE ORGANIZATION MAINTAINS A WRITTEN POLICY TO ENSURE THAT ANY JOINT VENTURE ENTERED INTO BY THE ORGANIZATION WITH A FOR-PROFIT PARTICIPANT IS REVIEWED AND FOLLOWED SO AS TO EVALUATE ITS PARTICIPATION UNDER APPLICABLE FEDERAL TAX LAW, AND TO ENSURE THAT THE ORGANIZATION TAKES STEPS TO SAFEGUARD THE ORGANIZATION'S EXEMPT STATUS WITH RESPECT TO SUCH ARRANGEMENTS. |
| CORE FORM, PART VI; SECTION C; QUESTION 19 | The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and bylaws are Also available upon written request. |
| CORE FORM, PART XI; QUESTION 9 | OTHER CHANGES IN NET ASSETS OR FUND BALANCE INCLUDE: - Impairment of investment in related party - ($3,228,312). |
| CORE FORM, PART XII; QUESTION 2 | AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THE ORGANIZATION FOR THE YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023; RESPECTIVELY. THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:PURCHASED SERVICES TOTAL FEES:5642423 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OUTSIDE CONSULTANT TOTAL FEES:2050250 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:VALUE BASED PERF CONSULT. TOTAL FEES:280000 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:TRAINING & RECRUIT. FEES TOTAL FEES:50423 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:COMPLIANCE CONSULTANT TOTAL FEES:28840 |