Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in New Jersey.
| Position | Total |
|---|---|
Vice President & Secretary Vice President Above 90th percentilevs Health Care peers nationwide | $541k $585k |
President & Treasurer 10th to 25th percentile | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at SOMC MEDICAL GROUP PC equaled 3% 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 129%
from 2023
From $236k in 2023 to $541k in 2024.
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.
Vice President pay rose 129% from 2023 to 2024, while revenue rose 8%.
- Chief Executive Officer pay rose 6% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOMC MEDICAL GROUP PC
What does the Vice President of SOMC MEDICAL GROUP PC earn?
In 2024, the Vice President of SOMC MEDICAL GROUP PC received $541,200 in total compensation. This pay is in the top 10% for Vice President roles among Health Care organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Vice President pay at SOMC MEDICAL GROUP PC compare with similar nonprofits?
Compared with the same role at Health Care organizations nationwide, the 2024 pay of the Vice President at SOMC MEDICAL GROUP PC falls in the top 10%. In 2024, the highest total compensation at SOMC MEDICAL GROUP PC equaled 3% of the organization's total expenses. The median for health care organizations is 4%.
What are SOMC MEDICAL GROUP PC's revenue and expenses?
In 2024, SOMC MEDICAL GROUP PC reported $16.5M in total revenue and $16.5M in total expenses on its IRS Form 990.
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