Svcmc Inc
64% goes to programs
Svcmc Inc is a 501(c)(3) organization based in New York, New York, registered in 1946, with $131,745,596 in FY2024 revenue. CharityIndex grades it B, and it directs about 64% of spending to programs.
530 7th Avenue, New York, NY, 10018 EIN 13-4077996 Since 1946
Revenue (FY2024)
$131.7M
▲ 6.5% vs prior year
Health median: $840K
Expenses (FY2024)
$148.0M
Net assets
$39.2M
Employees
146
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
B+Program efficiency40% of the rating64% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Svcmc Inc: 64% to programs earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating3 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Svcmc Inc: 3 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Svcmc Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Svcmc Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 530 7th Avenue, New York, NY, 10018
- City
- New York
- State
- New York
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $111.5M (FY2013) to $131.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $55.1MNet assets $39.2M
Operating margin
-12.4%
Spent more than it raised in the latest fiscal year.
Total assets
$94.3M
Total liabilities
$55.1M
Net assets
$39.2M
Salaries & benefits
$20.5M
14% of expenses
Board members
3
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $131,745,596▲6.5% | $148,047,426▲39.4% | $39,191,340▼28.1% | $94,285,154▲10.5% | 990 |
| 2023 | $123,696,190▲2.5% | $106,186,841▲0.4% | $54,487,926▼11.1% | $85,316,978▼4.7% | 990 |
| 2022 | $120,679,384▲2.6% | $105,726,374▲0.7% | $61,274,870▲35.8% | $89,538,847▲20.0% | 990 |
| 2021 | $117,640,224▲4.2% | $104,964,676▲1.4% | $45,126,031▲60.3% | $74,621,358▲59.5% | 990 |
| 2020 | $112,916,551▲4.2% | $103,485,466▲2.3% | $28,152,023▲50.4% | $46,772,612▲34.8% | 990 |
| 2019 | $108,368,490▼6.6% | $101,136,725▼10.3% | $18,720,938▲62.9% | $34,688,233▲33.2% | 990 |
| 2018 | $116,068,125▲0.1% | $112,735,730▲0.4% | $11,489,171▲40.9% | $26,038,827▲12.8% | 990 |
| 2017 | $115,928,241▲15.3% | $112,279,950▲9.5% | $8,156,776▲80.9% | $23,089,487▲24.6% | 990 |
| 2016 | $100,511,393 | $102,557,461▲7.8% | $4,508,485▼31.3% | $18,523,685▼43.7% | 990 |
| 2015 | $100,464,867▼6.6% | $95,159,690▼13.3% | $6,558,188▲423% | $32,905,608▲36.3% | 990 |
| 2014 | $107,576,523▼3.6% | $109,817,199▼2.5% | $1,253,011▼64.1% | $24,136,691▼39.8% | 990 |
| 2013 | $111,542,085 | $112,592,429▲12.7% | $3,493,687▼23.1% | $40,090,002▼40.7% | 990 |
| 2012 | — | $99,887,779▼20.9% | $4,544,031▲101% | $67,631,761▼25.1% | 990 |
| 2011 | — | $126,358,815▼75.7% | -$564,628,591▲27.0% | $90,258,064▼47.0% | 990 |
| 2010 | — | $519,144,521 | -$773,561,242 | $170,287,047 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Robert Mariani — $779,043 (0.53% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Mariani | Chief Financial Officer | 40 | $779,043 |
| Jennifer Coffey | Chief Legal Officer | 40 | $748,741 |
| Jeffrey Bloom | Svp of Operations, Thru 2024 | 40 | $728,506 |
| Roberta Mcneill | Chief Medical Officer | 40 | $580,900 |
| Moung Finh | Ceo - Usfhp | 40 | $554,392 |
| Sekuleo Gathers | Physician | 40 | $342,827 |
| Rhonda Harrison | Director of Marketing | 40 | $313,422 |
| Donna Britt | Admin Director, Hr | 40 | $307,417 |
| Mario Amaya | Director of Operations | 40 | $286,428 |
| Nicole Mita | Vp of Case Management | 40 | $282,927 |
| Donna Dodge | Chairperson/director Thru May 2024 | 0.25 | — |
| Fred Salerno | Director | 0.25 | — |
| James Landy | Director Thru May 2024 | 0.25 | — |
| Jane Iannucelli Sc | Chairperson/director | 0.25 | — |
| Margaret O'brien | Director Thru May 2024 | 0.25 | — |
| Steven R Korf | President & Ceo | 20 | — |
| Vaughn Williams | Director | 0.25 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Toney Korf Partners | Advisory | $1,847,297 |
| Toney Healthcare Consulting LLC | Case Management Consulting | $1,604,790 |
| Latham & Watkins LLP | Legal Services | $981,152 |
| Terabyte Consulting LLC | It/management Consulting | $794,828 |
| Kramer Levin Naftalis & Frankel LLP | Legal Services | $741,301 |
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Compare Svcmc Inc
Frequently asked questions
- Is Svcmc Inc a legitimate nonprofit?
- Yes. Svcmc Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4077996, based in New York, New York. Donations are tax-deductible.
- What is Svcmc Inc's EIN?
- Svcmc Inc's Employer Identification Number (EIN) is 13-4077996.
- How much revenue does Svcmc Inc report?
- Svcmc Inc reported $131,745,596 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Svcmc Inc's spending goes to programs?
- Svcmc Inc spends about 64% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Svcmc Inc have?
- CharityIndex grades Svcmc Inc B, based on program efficiency and fundraising cost.
- How much does Svcmc Inc's highest-paid employee make?
- The highest reported compensation on Svcmc Inc's latest Form 990 is $779,043, paid to Robert Mariani (Chief Financial Officer).
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Data for Svcmc Inc (EIN 13-4077996) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.