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Nonprofit · EIN 92-0871561

MSOM INC

Also known as MERITUS MEDICAL SCHOOL

Tax-exempt · HAGERSTOWN, MD 21742

Financials

$0$02022$3K$4.7M2023$2M$10.3M2024
Revenue Expenses · by fiscal year end
Financials of MSOM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,018,735$10,314,381-$8,295,646$16,985,490$20,998,588-$4,013,098
June 30, 2024990$3,333$4,697,781-$4,694,448$1,156,084$5,850,532-$4,694,448
June 30, 2023990-EZ$0$0$0$0$0$0
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,685,235
Program service revenue
$333,500
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$534,323
Other salaries and wages
$4,076,957
Salaries, compensation and benefits (total)
$5,719,396
Professional fundraising fees
$0
Occupancy
$1,299,445
Travel
$75,224
Depreciation
$571,883
Program services (functional)
$8,265,659
Management and general (functional)
$2,048,722

Balance sheet and other

Total assets, start of year
$1,156,084
Total assets, end of year
$16,985,490
Total liabilities, end of year
$20,998,588
Net assets, end of year
-$4,013,098
Land, buildings and equipment
$7,040,321
Net assets without donor restrictions
-$12,990,094
Net assets with donor restrictions
$8,976,996
Gross receipts
$2,018,735
Employees
0
Volunteers
6
Year formed
2022
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MAULIK JOSHI DRPHPRESIDENT
Trustee or director, Officer
3$0$1,413,371$248,681
VICTORIA GIFFI MDDIRECTOR
Trustee or director
3$0$768,606$28,111
PAULA GREGORYDEAN OF MSOM
Key employee
50$602,761$0$29,423
JOSHUA REPACCFO/TREASURER
Officer
3$0$495,589$70,721
LYNN HAINESSECRETARY
Officer
3$0$347,451$61,048
CHINTAMANENI CHOUDARI MDDIRECTOR
Trustee or director
3$0$31,271$0
REV DR D STUART DUNNANCHAIR
Trustee or director, Officer
3$0$0$0
MARY JC HENDRIX PHDVICE CHAIR
Trustee or director, Officer
3$0$0$0
JOANNA JACKSON DODIRECTOR (THRU 1/2025)
Trustee or director
3$0$0$0
NEIL JESUELEDIRECTOR
Trustee or director
3$0$0$0
GREGORY SNOOKDIRECTOR
Trustee or director
3$0$0$0
WILLIAM CRAVERDIRECTOR
Trustee or director
3$0$0$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MAULIK JOSHI DRPHPRESIDENT
Trustee or director, Officer
3$0$1,235,915$1,066,354
JOSHUA REPACCFO/TREASURER
Officer
3$0$445,608$421,222
VICTORIA GIFFI MDDIRECTOR
Trustee or director
3$0$831,366$27,035
PAULA GREGORYDEAN OF MSOM
Key employee
50$0$561,325$55,942
LYNN HAINESSECRETARY
Officer
3$0$314,984$66,566
CHINTAMANENI CHOUDARI MDDIRECTOR
Trustee or director
3$0$56,411$0
REV DR D STUART DUNNANCHAIR
Trustee or director, Officer
3$0$0$0
MARY JC HENDRIX PHDVICE CHAIR
Trustee or director
3$0$0$0
JOANNA JACKSON DODIRECTOR
Trustee or director
3$0$0$0
NEIL JESUELEDIRECTOR
Trustee or director
3$0$0$0
GREGORY SNOOKDIRECTOR
Trustee or director
3$0$0$0
WILLIAM CRAVER AS OF 012024DIRECTOR
Trustee or director
3$0$0$0
990-EZ for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
REV DR D STUART DUNNANCHAIR3$0
MARY JC HENDRIX PHDVICE CHAIR3$0
CHINTAMANENI CHOUDARI MDDIRECTOR3$0
VICTORIA GIFFI MDDIRECTOR3$0
JOANNA JACKSON DODIRECTOR3$0
NEIL JESUELEDIRECTOR3$0
MAULIK JOSHI DRPHPRESIDENT3$0
GREGORY SNOOKDIRECTOR3$0
JOSHUA REPACCFO/TREASURER3$0
LYNN HAINESSECRETARY3$0
WILLIAM CRAVERDIRECTOR (THRU 12/2022)3$0
TED DELBRIDGEDIRECTOR (THRU 12/2022)3$0

Address and contacts

Address (IRS master file)
11116 MEDICAL CAMPUS RD, HAGERSTOWN, MD 21742-6710
Principal officer (990 for 2024)
MAULIK JOSHI DRPH, 11120 HEALTH DRIVE, HAGERSTOWN, MD 21742
Signed the 990
JOSHUA REPAC, CHIEF FINANCIAL OFFICER
Phone
(301) 790-8872
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

OUR MISSION: PREPARE FUTURE GENERATIONS OF PHYSICIANS WHO ARE PROFESSIONALLY ACCOMPLISHED, SOCIALLY RESPONSIBLE, AND COMMUNITY ORIENTED.OUR VISION: TO BE A LEADER IN COMMUNITY-BASED MEDICAL EDUCATION.

990 for the year ended June 30, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $8,265,659 · revenue $333,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
92-0871561
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B50)
Assets (IRS master file)
$16,985,490
Income (IRS master file)
$2,018,735

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,018,735$10,314,381$16,985,490IRS
990June 2024$3,333$4,697,781$1,156,084IRS
990-EZJune 2023$0$0$0XML
990-EZJune 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0871561).

Questions about MSOM INC

What is the EIN of MSOM INC?
The employer identification number (EIN) of MSOM INC is 92-0871561.
Is MSOM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MSOM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MSOM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MSOM INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MSOM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MSOM INC?
The 990 for the year ended June 30, 2025 names MAULIK JOSHI DRPH.
Who are the officers and directors of MSOM INC?
The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization.
How much revenue does MSOM INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,018,735, expenses of $10,314,381 and total assets of $16,985,490 at year end.

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