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STUDENT OSTEOPATHIC MEDICAL ASSOCIA

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Public IRS 990 nonprofit record

STUDENT OSTEOPATHIC MEDICAL ASSOCIA

EIN 42-1043358 · Chambers of Commerce & Business Leagues (S41)

What they do

THE STUDENT OSTEOPATHIC MEDICAL ASSOCIATION (SOMA) is THE NATIONS LARGEST NETWORK of OSTEOPATHIC MEDICAL STUDENTS. WE ARE AN AMERICAN OSTEOPATHIC ASSOCIATION (AOA)-AFFILIATED, STUDENT-LED and STUDENT-DRIVEN ORGANIZATION WITH DIRECT REPRESENTATION to THE AOA. SOMA SHALL: 1.EDUCATE and PREPARE OSTEOPATHIC LEADERS and ADVOCATES. 2.MAINTAIN OPEN and TRANSPARENT LINES of COMMUNICATION to OUR STUDENT MEMBERS AS WE CONTINUALLY ADAPT to THE EVOLVING NEEDS of OUR MEMBERS and ORGANIZATION. 3.ADVANCE COLLABORATIVE RELATIONSHIPS THAT PROMOTE OSTEOPATHIC MEDICINE IN THE GREATER HEALTHCARE COMMUNITY. 4.UTILIZE OUR DIRECT AFFILIATION WITH THE AMERICAN OSTEOPATHIC ASSOCIATION to ADVANCE THE INTERESTS and VIEWPOINTS of OSTEOPATHIC MEDICAL STUDENTS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$111.36spent for every $100 of revenueSpending was higher than revenue this year.
$2.22in assets for every $1 spent this yearSome assets cannot be spent right away.
71.4%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $29,287 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$257,705
Expenses$286,992
Annual shortfall $29,287 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$257,705
Expenses$286,992
Assets$636,466
Income$257,705
Contributions$184,108
Stocks and bonds$399,701
Accounting fees$5,431
Investing fees$3,919
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (14)

CAITLYN SIMTIONTREASURER

HAILEY BUDENSIEKREGION IV TR

JOSHUA CONNORPRESIDENT

KENNY WENREGION I TRU

LU WOLFFREGION V TRU

MARA KRUTSINGERSECRETARY

MARIA ROLLINGERVP/SPEAKER

MONZER ALATRACHSOMA FOUNDAT

PALMER FORDAOA STU TRUS

PENNY EVANSEXECTUTIVE D

RAASHMI KRISHNASAMYPARLIAMENTAR

RAELYNN DORSCHEIDNBD CHAIR

ROSS THOMPSONREGION II TR

SHIVIKA GAINDREGION III T

About this charity

Recognized since
January 1976
Location
142 E ONTARIO STREET, CHICAGO, IL 60611-2874
County
Cook
In care of
PENNY EVANS
Primary officer
PENNY EVANS, EXECTUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
June 1, 2024
Return type
990
Tax preparer
ONEILL & GASPARDO LLC
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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