Indiana Medical Foundation Inc
- Assets
- $401.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 09/1969
- Data as of
- 12/2021
- EIN
- 23-7001672
Organization Overview
Indiana Medical Foundation Inc is located in Indianapolis, IN. The organization was established in 1969. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Medical Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Indiana Medical Foundation Inc generated $82.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $1.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE PROFESSIONAL, PRACTICAL, CONTINUING OR OTHER EDUCATIONAL AND LEADERSHIP PROGRAMS FOR PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS AND TO INFORM THE GENERAL PUBLIC REGARDING HEALTH CARE ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Wagner DO Secretary | 1 | $0 | |
Andrew Trobridge MD Director | 1 | $0 | |
Pardeep Kumar MD Treasurer | 1 | $0 | |
Roberto Darroca MD President | 1 | $0 | |
Julie Reed Evp-Isma | 1 | $0 | |
Alex Choi MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $7,940 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,481 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $119 |
| Total expenses | $1,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $313,127 |
| Other assets | $0 |
| Total assets | $401,497 |
| Total liabilities | $81,251 |
| Net assets or fund balances | $320,246 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana Medical Foundation Inc has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
The Physicians Foundation Inc Austin, TX PURPOSE: TO SUPPORT THE LAUNCH OF A PHYSICIAN LEADERSHIP PROGRAM | $150,000 |
Peer Organizations
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|---|---|---|
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust Springfield, MO | $7,831,308 | $12,060,028 |
Ascension St John Foundation St Louis, MO | $103,759,239 | $15,321,918 |
Local Unions No 19 & 127 Health And Welfare Fund Milwaukee, WI | $5,120,951 | $9,222,695 |
Truman Medical Center Charitable Foundation Kansas City, MO | $28,332,798 | $9,393,864 |
St John Health System Foundation Inc St Louis, MO | $83,967,930 | $10,002,573 |
Mercy Health Foundation Springfield Springfield, MO | $38,275,531 | $1,985,040 |
Northern Illinois & Iowa Laborers Health & Welfare Trust Rock Island, IL | $41,445,522 | $10,740,192 |
Lions Insurance Company Indianapolis, IN | $32,736,482 | $6,324,847 |
Carle Cancer Institute Normal Llc Urbana, IL | $1,112,312 | $5,871,210 |
Health And Welfare Trust Estate For Shopmens Union 473 Of Ia Of Bs Oak Brook, IL | $3,246,436 | $6,783,158 |
Rosalind Franklin University Health Clinics North Chicago, IL | $2,094,803 | $3,540,211 |
Plumbers & Steamfitters Local Union 452 Health & Welfare Tr Fund Lexington, KY | $4,191,560 | $5,844,535 |