SOMOS HEALTHCARE PROVIDERS INC

SOMOS HEALTHCARE PROVIDERS INC

Bronx, NY, US
501(c)3
EIN
47-2528627

SOMOS HEALTHCARE PROVIDERS INC

Bronx, NY, US
501(c)3
EIN
47-2528627

Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

SOMOS Healthcare Providers Inc, based in New York, is a nonprofit organization dedicated to expanding health equity for underserved populations and ensuring the sustainability of an independent network of health and social care providers. With an operating budget of $32.8 million and total revenue of $21.8 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.somoscommunitycare.org.

Mission Statement

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.
Revenues

$21.8M

Expenses

$32.9M

Net Income:
-$11.1M
Assets

$44.7M

Liabilities

$7.5M

Net Assets:
+$37.2M
Operating Budget

$32.8M

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
$750K
Largest grant received
$750K
M
Mario Paredes
Board Member
S
Steven Meisinger
Board Member
R
Ramon Tallaj Md
Board Member

Frequently Asked Questions

What is SOMOS HEALTHCARE PROVIDERS INC’s budget?
In 2024, SOMOS HEALTHCARE PROVIDERS INC reported an annual operating budget of around $32.8 million. More detailed financial information is available to registered users.
What causes does SOMOS HEALTHCARE PROVIDERS INC support?
SOMOS HEALTHCARE PROVIDERS INC supports work in Public health.
Where does SOMOS HEALTHCARE PROVIDERS INC operate?
SOMOS HEALTHCARE PROVIDERS INC is headquartered in Bronx, NY.
Who funded SOMOS HEALTHCARE PROVIDERS INC recently?
In 2024, SOMOS HEALTHCARE PROVIDERS INC received grants from MOTHER CABRINI HEALTH FOUNDATION INC, THE WEITZ FAMILY CHARITABLE FOUNDATION C/O WEITZ & LUXENBERG PC, and ROBIN HOOD FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SOMOS HEALTHCARE PROVIDERS INC received in 2024?
The largest grant to SOMOS HEALTHCARE PROVIDERS INC in 2024 exceeds $750 thousand.
What is SOMOS HEALTHCARE PROVIDERS INC’s reliance on government grants?
SOMOS HEALTHCARE PROVIDERS INC relied on government grants for more than 95% of their total revenue in 2024.
Overview
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