Overview

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Est.

1954

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Southern Ohio Medical Center (EIN: 31-0678022) is an acute health care system located in Portsmouth, Ohio, dedicated to providing hospital and in-patient medical care to residents of south central Ohio and northeastern Kentucky. With an operating budget of $520 million and total revenue of $586.4 million for the filing year 2024, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.somc.org.

Mission Statement

SOUTHERN OHIO MEDICAL CENTER IS AN ACUTE HEALTH CARE SYSTEM LOCATED IN PORTSMOUTH, OHIO. SOMC'S EXEMPT PURPOSE IS TO SERVE SOUTH CENTRAL OHIO AND NORTHEASTERN KENTUCKY WITH STATE-OF-THE-ART FACILITIES AND HEALTH CARE TECHNOLOGIES.
Revenues
$586.4M
Expenses
$520.2M
Net Income:
+$66.2M
Assets
$624.7M
Liabilities
$188.5M
Net Assets:
+$436.2M
Operating Budget
$520M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$260.7K
Largest grant received
$260.7K
B
Benjamin Gill
Board Member
G
George Lawson
Board Member
G
Gary Duzan
Board Member

Frequently Asked Questions

What is SOUTHERN OHIO MEDICAL CENTER’s budget?
In 2024, SOUTHERN OHIO MEDICAL CENTER reported an annual operating budget of around $520 million. More detailed financial information is available to registered users.
What causes does SOUTHERN OHIO MEDICAL CENTER support?
SOUTHERN OHIO MEDICAL CENTER supports work in Hospital care and In-patient medical care.
Where does SOUTHERN OHIO MEDICAL CENTER operate?
SOUTHERN OHIO MEDICAL CENTER is headquartered in Portsmouth, OH.
Who funded SOUTHERN OHIO MEDICAL CENTER recently?
In 2024, SOUTHERN OHIO MEDICAL CENTER received grants from SOMC DEVELOPMENT FOUNDATION, SOMC DEVELOPMENT FOUNDATION, and THE SCIOTO COUNTY AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTHERN OHIO MEDICAL CENTER received in 2024?
The largest grant to SOUTHERN OHIO MEDICAL CENTER in 2024 exceeds $261 thousand.
What is SOUTHERN OHIO MEDICAL CENTER’s reliance on government grants?
SOUTHERN OHIO MEDICAL CENTER relied on government grants for less than 5% of their total revenue in 2024.