Indiana Hospital Association Inc
- Assets
- $15.4m
- Revenue
- $20.7m
- Investments
- $0.0
- Employees
- 33
- Location
- Indianapolis, IN
- Founding
- 03/1939
- Data as of
- 12/2022
- EIN
- 35-0988753
Organization Overview
Indiana Hospital Association Inc is located in Indianapolis, IN. The organization was established in 1939. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2022, Indiana Hospital Association Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Hospital Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Indiana Hospital Association Inc generated $20.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $19.3m during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Indiana Hospital Association Inc has awarded 111 individual grants totaling $14,606,444. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF INDIANA HOSPITAL ASSOCIATION, INC. IS TO PROVIDE LEADERSHIP, REPRESENTATION, AND SERVICES IN THE COMMON BEST INTERESTS OF ITS MEMBERS AS THEY PROMOTE THE IMPROVEMENT OF COMMUNITY HEALTH STATUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA - MEMBER HOSPITALS, LAWMAKERS AND THE MEDIA ALL DEPEND ON IHA FOR DESCRIPTIVE AGGREGATE STATISTICS. IHA PREPARES PATIENT DISCHARGE STUDIES, AMBULATORY SURGERY STUDIES, AND TREND REPORTS THAT ENABLE HOSPITALS TO COMPARE LOCAL EXPERIENCES WITH NATIONAL AND STATE STATISTICS.
FINANCIAL - TO BETTER ENSURE ADEQUATE FINANCIAL DATA FOR MEMBERS, IHA COMMUNICATES AND INTERPRETS FINANCIAL DATA FOR EXISTING MEMBERS FOR REGULATORY CHANGES AND UPDATES PROGRAMS AND OTHER SERVICES TO ITS MEMBERS.
EDUCATION - IHA PROVIDES MEMBERS WITH WEEKLY MAILINGS OF CURRENT IHA NEWS ITEMS, REGULATORY REPORTS, AND EDUCATIONAL OPPORTUNITIES. ALSO, IHA SPONSORS SEVERAL EDUCATIONAL MEETINGS THROUGHOUT THE YEAR. IHA HOSTS AN ANNUAL MEETING FOR HOSPITAL MEMBERS AND AFFILIATED SOCIETIES.
ADVOCACY - IHA PROVIDES A BROAD ARRAY OF ADVOCACY SERVICES TO ASSIST THE INDUSTRY AND TO HELP MEMBERS TO COMPLY WITH FEDERAL AND STATE REGULATIONS. MEMBERS REGULARLY RECEIVE BULLETINS ON NATIONAL AND STATE REGULATORY ISSUES. IHA INTERPRETS PROPOSED AND FINAL REGULATIONS, AND ADVISES MEMBERS ON HOW TO COMPLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian C Tabor President | OfficerTrustee | 37.5 | $959,206 |
Terry Cole Senior VP Finance | Officer | 37.5 | $365,568 |
Matthew Browning Senior VP Member Solutions | 37.5 | $260,366 | |
Trent Fox VP Government Relations | 37.5 | $214,781 | |
Andrew Vanzee VP Regulatory & Operations | 37.5 | $213,723 | |
Karin Kennedy VP Quality & Patient Safety | 37.5 | $198,292 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Affiliated Enterprise Solutions Llc Consulting | 12/30/22 | $757,115 |
Hall Render Killian Heath & Lyman P Legal & Legislative Services | 12/30/22 | $401,772 |
Innovative Integration Professional Services | 12/30/22 | $256,011 |
Royer Consulting Llc Consulting | 12/30/22 | $247,510 |
Executive Speakers Bureau Speakers | 12/30/22 | $199,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,872,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,872,165 |
| Total Program Service Revenue | $7,791,554 |
| Investment income | $18,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$98,172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,685,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,531,556 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,430,210 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,158,185 |
| Pension plan accruals and contributions | $378,322 |
| Other employee benefits | $473,571 |
| Payroll taxes | $275,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $225,919 |
| Fees for services: Accounting | $38,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,396 |
| Fees for services: Other | $1,755,004 |
| Advertising and promotion | $44,399 |
| Office expenses | $117,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $202,509 |
| Travel | $366,657 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,770 |
| Insurance | $40,949 |
| All other expenses | $49,068 |
| Total functional expenses | $19,254,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $613,257 |
| Savings and temporary cash investments | $1,828,231 |
| Pledges and grants receivable | $807,880 |
| Accounts receivable, net | $711,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $227,063 |
| Net Land, buildings, and equipment | $1,848,323 |
| Investments—publicly traded securities | $9,341,004 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,177 |
| Total assets | $15,389,062 |
| Accounts payable and accrued expenses | $1,214,992 |
| Grants payable | $0 |
| Deferred revenue | $27,950 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,059,813 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,603,169 |
| Total liabilities | $4,905,924 |
| Net assets without donor restrictions | $10,483,138 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,389,062 |
Grants Awarded
Over the last fiscal year, Indiana Hospital Association Inc has awarded $8,531,556 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
FRANCISCAN HEALTH CRAWFORDSVILLE PURPOSE: COVID-19 RELIEF FUNDS | $252,916 |
FRANCISCAN HEALTH RENSSELAER PURPOSE: COVID-19 RELIEF FUNDS | $252,916 |
GIBSON GENERAL HOSPITAL PURPOSE: COVID-19 RELIEF FUNDS & SMALL RURAL HOSPITAL IMPROVEMENT STIPEND | $254,904 |
DECATUR COUNTY MEMORIAL HOSPITAL PURPOSE: COVID-19 RELIEF FUNDS & SMALL RURAL HOSPITAL IMPROVEMENT STIPEND | $254,716 |
DAVIES COMMUNITY HOSPITAL PURPOSE: COVID-19 RELIEF FUNDS | $252,916 |
GREENE COUNTY GENERAL HOSPITAL PURPOSE: COVID-19 RELIEF FUNDS | $252,916 |