OUR MISSION IS TO MAKE A DIFFERENCE BY IDENTIFYING THE COMMUNITY'S HEALTH AND WELLNESS NEEDS WHILE BRIDGING THE GAP BETWEEN THOSE NEEDS AND THE COST OF THE SOLUTIONS. THE SOMC DEVELOPMENT FOUNDATION ENCOMPASSES FUNDRAISING EFFORTS FOR HOSPICE, CANCER, EMPLOYEE RELIEF, HEART & VASCULAR, PEDIATRICS, COMMUNITY HEALTH AND WELLNESS, THE ENDOWMENT FUND AND THE AREAS OF GREATEST NEED. THESE FUNDS GENERATE MUCH NEEDED SUPPORT AND ENABLE SOMC TO CONTINUALLY DELIVER EXTRAORDINARY CARE FOR FUTURE GENERATIONS TO COME. WE CONSIDER IT OUR RESPONSIBILITY TO SERVE OUR COMMUNITY, AND WE TAKE PRIDE IN DOING SO.
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Ohio.
| Position | Total |
|---|---|
President & Ceo-somc Median to 75th percentile | $223k $246k |
VP HR & Org Development Vice President Median to 75th percentile | $141k $156k |
VP of Finance & CFO Median to 75th percentile | $105k $116k |
Director-physician Board Member Median to 75th percentile | $61k $68k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at SOMC DEVELOPMENT FOUNDATION equaled 67% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 12%
from 2022
From $199k in 2022 to $223k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue rose 89%.
- Chief Financial Officer pay held roughly steady from 2022 to 2023.
- Board Member pay fell 53% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOMC DEVELOPMENT FOUNDATION
What does the Chief Executive Officer of SOMC DEVELOPMENT FOUNDATION earn?
In 2023, the Chief Executive Officer of SOMC DEVELOPMENT FOUNDATION received $223,103 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Ohio, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SOMC DEVELOPMENT FOUNDATION compare with similar nonprofits?
Compared with the same role at Health Care organizations in Ohio, the 2023 pay of the Chief Executive Officer at SOMC DEVELOPMENT FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at SOMC DEVELOPMENT FOUNDATION equaled 67% of the organization's total expenses. The median for health care organizations is 4%.
What are SOMC DEVELOPMENT FOUNDATION's revenue and expenses?
In 2023, SOMC DEVELOPMENT FOUNDATION reported $962k in total revenue and $332k in total expenses on its IRS Form 990.
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