Nonprofits/Organizations/34-1383325
Active
501(c)(3)
Form 990

Simon Outreach Services Inc

EIN 34-1383325Oregon, OH 43616Founded 1995WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

TO PROVIDE MEDICAL OFFICE BUILDINGS TO HOUSE PHYSICIANS WHO ARE MEMBERS OF THE MERCY HEALTH - ST. CHARLES HOSPITAL LLC MEDICAL STAFF.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$210K

+55.8%YoY

Total Expenses

$154K

+5.5%YoY

Net Assets

$66K

+8.5%YoY

Employees

0

Program Expense Ratio

100.0%

This nonprofit profile presents IRS Form 990 tax filing data for Simon Outreach Services Inc (EIN: 34-1383325), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +55.8% to $210K
Program spending ratio of 100.0% — excellent
5.1 months of operating reserves
Expenses increased +5.5% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
3-member board

Compensation

Top compensation: $580,943 (President and Chair)
Top exec pay is 377.0% of total expenses — elevated
Schedule J filed for 3 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
100.0% of spending goes to programs
1 program generates revenue — self-sustaining activity

Financial Stability

Debt-to-asset ratio of 72.5% — significant debt load
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Simon Outreach Services Inc is a 501(c)(3) nonprofit headquartered in Oregon, OH, founded in 1995. The organization has held tax-exempt status since 1946. In its 2024 filing, the organization reported $210K in total revenue, a 55.8% increase from the prior year, and $154K in total expenses. JEFFREY DEMPSEY, President and Chair, is the highest-compensated individual at $580,943. The organization runs 1 program, totaling $154K in program expenses. 3 of 6 recommended governance policies are in place.

Programs(Tax Year 2024)

1 record

Programs Overview

Simon Outreach Services Inc operates 1 program, with total program expenses of $154K. Simon Outreach Services Inc's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $154,108

PROVIDED MEDICAL OFFICE BUILDINGS TO HOUSE PHYSICIANS WHO ARE MEMBERS OF THE MERCY HEALTH - ST. CHARLES HOSPITAL LLC MEDICAL STAFF.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Simon Outreach Services Inc's revenue has grown from $128K to $210K, a 64.4% increase. Program expenses represent 100% of total spending.

Revenue increased 55.8% year-over-year, while expenses grew 5.5%. net assets rose to $66K, up 8.5% from the prior year.

Revenue grew by 55.8% while expenses grew by only 5.5%, suggesting improving operational efficiency.

Over 6 filings from 2019–2024, Simon Outreach Services Inc grew revenue from $128K to $210K (+64.4%) while maintaining a program expense ratio of 100%.

Simon Outreach Services Inc holds $239K in total assets against $173K in liabilities (debt-to-asset ratio of 72%). The organization has 5.1 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$210K$0$0$0$0
2023$135K$0$0$0$0
2022$99K$0$0$0$0
2021$86K$0$0$0$0
2020$107K$0$0$0$0
2019$128K$0$0$0$0

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$154K$154K$0$0$0
2023$146K$146K$0$0$0
2022$188K$188K$0$0$0
2021$245K$245K$0$0$0
2020$142K$142K$0$0$0
2019$233K$233K$0$0$0

Program Expense Ratio

100.0%

Admin Expense Ratio

0.0%

Fundraising Efficiency

Operating Reserve

5.1 mo

People & Compensation(Tax Year 2024)

3 records

Compensation Summary

Simon Outreach Services Inc reported compensation for 3 officers and key employees. Total officer compensation was $1.1M, representing 743.5% of total expenses. 1 individual received total compensation exceeding $500,000.

Simon Outreach Services Inc's highest-compensated individual received $581K in total compensation. Total officer compensation of $1.1M represents 743.5% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
JEFFREY DEMPSEYPresident and Chair
OfficerDirector
0.50$0$518,692$580,943
MATTHEW SAPARATreasurer, VP Operations
OfficerDirector
0.50$0$273,223$311,394
Jennifer DIscherSecretary
OfficerDirector
0.50$0$238,018$253,472

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

JEFFREY DEMPSEY

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

MATTHEW SAPARA

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Jennifer DIscher

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Simon Outreach Services Inc has 3 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 0 of whom are independent.

Simon Outreach Services Inc's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members0

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1946–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$210K$154K$66K
2023
990
2023-01-01 – 2023-12-31$135K$146K$61K
2022
990
2022-01-01 – 2022-12-31$99K$188K$38K
2021
990
2021-01-01 – 2021-12-31$86K$245K$65K
2020
990
2020-01-01 – 2020-12-31$107K$142K$127K
2019
990
2019-01-01 – 2019-12-31$128K$233K$143K
1946–2018No filings acquired yet

Frequently Asked Questions

What does Simon Outreach Services Inc do?

TO PROVIDE MEDICAL OFFICE BUILDINGS TO HOUSE PHYSICIANS WHO ARE MEMBERS OF THE MERCY HEALTH - ST. CHARLES HOSPITAL LLC MEDICAL STAFF.

How much revenue does Simon Outreach Services Inc have?

Simon Outreach Services Inc reported $210,139 in total revenue for tax year 2024, up 55.8% from the prior year.

Who is the highest-paid executive at Simon Outreach Services Inc?

JEFFREY DEMPSEY, President and Chair, received $580,943 in total compensation as of tax year 2024.

Is Simon Outreach Services Inc a 501(c)(3)?

Yes, Simon Outreach Services Inc is classified as a 501(c)(3) tax-exempt organization.

Where is Simon Outreach Services Inc located?

Simon Outreach Services Inc is headquartered in Oregon, OH 43616.

Is Simon Outreach Services Inc audited?

Yes, Simon Outreach Services Inc's financial statements are audited, and the organization has an audit committee.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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