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Filing year 2024

SOMC MEDICAL GROUP PC

Edison, New Jersey·EIN 27-1412183·NTEE E31 · Health Care·3
Total revenue
$16.5M
Total assets
$4.3M
Total expenses
$16.5M
Reported officers
2

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Vice President & Secretary
vice president
$541k
$585k
President & Treasurer
$47k
$51k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Health Care

Up 129%
from 2023

From $236k in 2023 to $541k in 2024.

$236k
2023
$541k
2024
In today's dollarsEst.
Up 121% in real terms$265k to $585k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOMC MEDICAL GROUP PC reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.3M
$15.3M
2023
$16.5M
$16.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn

Comparable health care organizations nationwide pay their highest-earning executive a median of $163,400.

25th percentile
$60k
Median
$163,400
75th percentile
$408k
90th percentile
$966k

These are health care sector-wide figures, not this organization's reported pay. Based on 3,993 organizations across 3,993 filings (2021 – 2023).

See full Health Care compensation data
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