Indianapolis Gastroenterology Research Foundation Inc

Organization Overview

Indianapolis Gastroenterology Research Foundation Inc is located in Indianapolis, IN. The organization was established in 1991. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2021, Indianapolis Gastroenterology Research Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Gastroenterology Research 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 12/2020, Indianapolis Gastroenterology Research Foundation Inc generated $504.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $531.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE RESEARCH AND EDUCATION FOR THE TREATMENT OF GASTROINTESTINAL DISORDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCREENING COLONOSCOPY STUDY - RESEARCH ON EFFECTIVENESS OF COLONOSCOPY SCREENING. PROVIDE COLON CANCER PREVENTION EXAMS.


CONTRACT RESEARCH ON BEHALF OF SIX COMPANIES (SUBJECT TO UNRELATED BUSINESS INCOME TAX).


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Board, Officers & Key Employees

Name (title)Compensation
David C Pound
President
$50,398
Paul Haynes
Director
$0
Joseph S Buckley
Director
$0
Stephen J Mahoney
Director
$0
Thomas Imperiale
Director
$0
Michael S Morelli
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$502,951
Investment income $1,156
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $504,107

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